Elan City Ltd

Elan City Ltd is a small holding company based in London, UK, with an active status. Founded seven years ago in 2017, it holds £496,145 in assets and operates from a virtual address, registered at Wilberforce House. The company has two directors and one owner, and is an irregular importer of electrical machinery and equipment, with its last import operation occurring two months ago.

The company's primary focus appears to be traffic management and urban communication solutions. Its website showcases a range of products, including speed indicator devices, warning beacons, and LED information boards, all designed to improve road safety and driver awareness. Elan City offers services such as traffic statistics generation and municipal information broadcasting, targeting both local authorities and private businesses. The company's website also highlights its expertise in radar speed signs, offering advice and guidance to customers seeking to reduce speeding and enhance road safety.

Financially, Elan City Ltd shows some concerning trends. Current assets have decreased by 24% to £500,000, and net assets have plummeted 50% to -£22,000. Cash bank on hand has also fallen by 48% to £83,000. Trade debtors have dropped by 23%, while creditors have decreased by 25%. The company’s small size (meeting two of three conditions for a small company) helps it stay flexible, but the significant drop in equity is a worrying sign. Bank borrowings have increased, and the company’s reliance on creditors is noticeable. There's no auditor mentioned, which is common for small, exempt companies. The rise in "Other Debtors" is also a bit unusual.

Registered in England/Wales under the registration number 11087636, with a registered address at NW4 4QE, England, London, Wilberforce House, Station Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.