Element Creative Ltd

Element Creative Ltd, based in Poole, UK, is a small, active company founded five years ago. With four employees and £129,488 in assets, it operates from a real address and is overseen by four directors and two owners. It holds a stellar 5.0 Google rating based on twelve reviews. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with its last import activity recorded over two years ago.

The company’s website highlights its focus on product design and engineering, offering end-to-end innovation services. It works with a range of sectors, including automotive and sports, offering services from concept generation to prototyping and supply chain setup. It’s clear Element Creative Ltd operates as a design and engineering consultancy, offering services to clients looking to develop new products. It doesn’s appear to be an e-commerce business.

Financially, Element Creative Ltd presents a mixed picture. While cash reserves increased by a healthy 43% to £120,000, current assets only grew by 13% to £130,000. Trade debtors took a significant hit, dropping 68% to just £9,900, suggesting potential issues with customer payments. Conversely, creditors rose by 48% to £32,000, and other taxation social security payable increased by 53% to £15,000. The company’s small size (meeting two of three conditions for being considered small) helps it remain agile, but the decline in debtors is concerning. Property plant equipment decreased by 16% to £15,000. As a small company, it’s exempt from an audit, so the figures are unaudited. The company's retained earnings accumulated losses increased by 10% to £120,000.

Registered in England/Wales under the registration number 12431511, with a registered address at BH12 5HH, England, Poole, Aub Innovation Studio, 7 Fern Barrow.

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