FIRST ELEMENT LTD

Company number 12902912 ·

In Administration

Executive summary

First Element Ltd is currently facing financial strain with negative working capital and shareholder funds, reflecting ongoing losses and liquidity challenges. While still operational, the company must urgently improve cash flow management, control costs, and consider capital restructuring to stabilize its financial health and avoid escalating distress. Proactive monitoring and strategic financial planning will be critical to recovery.

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Shareholders' funds

-£538,064

Balance sheet as at 2024-12-31

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Overview

Company type
Private Limited Company
Incorporated
2020-09-24
Registered office
RSM UK RESTRUCTURING ADVISORY LLP, 25 Farringdon Street, London, EC4A 4AB
Postcode
EC4A 4AB
Accounts category
Total Exemption Full

Accounts

Last made up to
2024-12-31
Next due by
2026-09-30
Financial year end
31 December

Confirmation statement

Last statement dated
2025-03-11
Next due by
2026-03-25
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Nature of business (SIC)

  • 70229 Management consultancy activities other than financial management

Officers 2 current

Appointed 2021-03-19
Appointed 2020-09-24

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Previous company names

NameDate changed
EFW21 P1 ASSOCIATED DEVELOPMENTS LTD2021-02-18

The class of 2020

38%

of the 27,972 companies in this sector incorporated in 2020 are still active today; 59% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →