Company Overview
Elite Accountancy Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 20 May 2008, so this is a well established company. Elite Accountancy Ltd has been in business for 17 years and 10 months. The accounts status is micro entity and the accounts are next due on Saturday 28 February 2026.
Registered Address

18 Village Way East, Harrow, HA2 7LU
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Companies House Data
Company NameELITE ACCOUNTANCY LTD
Company Number06597259
Registered Office Address18 Village Way East
 HA2 7LU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date20/05/2008
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2027
Accounts Last Made Up Date31/05/2025
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date17/06/2017
Returns Last Made Up Date20/05/2016
Directors & Members
Virutthasalam Suthakaran - Director
(British, 51 years old, born June 1975)
Appointed 20 May 2008
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Virutthasalam Suthakaran
ABI BUSINESS SOLUTIONS LIMITED
NITHIYAM PROPERTY LTD
SAAS PROPERTY LIMITED
Balance Sheet Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets 544,366 544,366 554,151
Current Assets 190,211 190,211 250,594
Creditors Due Within One Year 156,486 156,486 219,506
Working Cap 33,725 33,725 31,088
Total Assets Less Current Liabilities 578,091 578,091 585,239
Long-term Liabilities 60,727 60,727 75,909
Net Assets 517,364 517,364 509,330
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 517,364 517,364 509,330
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Tangible Fixed Assets - - -
Fixed Assets 74.1% 74.1% 68.9%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 25.9% 25.9% 31.1%
Creditors Due Within One Year 21.3% 21.3% 27.3%
Net Current Assets Liabilities 4.6% 4.6% 3.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 70.4% 70.4% 63.3%
Capital Employed - - -
Total Assets Less Current Liabilities 78.7% 78.7% 72.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Liquidity Ratio 1.2 1.2 1.1
Solvency Ratio 3.4 3.4 2.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Assets 734,577 734,577 804,745
Debt 217,213 217,213 295,415
Net Assets/Debt 517,364 517,364 509,330

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 18 May 2025 with updates
Confirmation statement made on 18 May 2024 with updates
Confirmation statement made on 18 May 2023 with updates
Confirmation statement made on 18 May 2022 with updates
Amended micro company accounts made up to 31 May 2021
Director's details changed for Mr Virutthasalam Suthakaran on 29 July 2021
Change of details for Mr Virutthasalam Suthakaran as a person with significant control on 29 July 2021
Confirmation statement made on 18 May 2021 with updates
Confirmation statement made on 18 May 2020 with updates
Registered office address changed from 446 Rayners Lane Pinner Middlesex HA5 5DX to 18 Village Way East Harrow HA2 7LU on 19 September 2019
Change of details for Mr Virutthasalam Suthakaran as a person with significant control on 16 September 2019
Director's details changed for Mr Virutthasalam Suthakaran on 16 September 2019
Confirmation statement made on 18 May 2019 with updates
Registration of charge 065972590002, created on 3 May 2019
Registration of charge 065972590001, created on 30 April 2019
Confirmation statement made on 18 May 2018 with updates
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