ELITE MAGNUM LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-28 (in 2mo)
Last made up 2025-07-14
Watchouts
Cash
£482K
-3.8% vs 2023
Net assets
-£2M
+4.2% vs 2023
Employees
0
Average over period
Profit before tax
£111K
+106.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
the Company's ability to continue as a going concern depends on the refinancing of the bank loan held by the Company that is repayable in September 2026 on affordable terms.
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £683,000 | £687,000 | |
| Operating profit | -£1,092,000 | £637,000 | |
| Profit before tax | -£1,694,000 | £111,000 | |
| Net profit | -£1,677,000 | £83,000 | |
| Cash | £501,000 | £482,000 | |
| Total assets less current liabilities | £4,844,000 | £4,974,000 | |
| Net assets | -£1,995,000 | -£1,912,000 | |
| Equity | -£1,995,000 | -£1,912,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -159.9% | 92.7% | |
| Net margin | -245.5% | 12.1% | |
| Return on capital employed | -22.5% | 12.8% | |
| Gearing (liabilities / total assets) | 115.2% | 114.3% | |
| Current ratio | 0.10x | 0.13x | |
| Interest cover | -1.81x | 1.21x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“the Company's ability to continue as a going concern depends on the refinancing of the bank loan held by the Company that is repayable in September 2026 on affordable terms.”
Group structure
- ELITE MAGNUM LIMITED · parent
- Elite Flagon Limited 1%
Significant events
- “There were no material events after the audited Statement of Financial Position that have a bearing on the understanding of these audited financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CORNHILL SECRETARIES LIMITED | Corporate Secretary | 2023-06-01 | — | — |
| CHIEW, Chuanjin | Director | 2020-07-15 | May 1982 | Singaporean |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DYE & DURHAM SECRETARIAL LIMITED | Corporate Secretary | 2020-07-15 | 2023-06-01 |
| DYE & DURHAM DIRECTORS LIMITED | Corporate Director | 2020-07-15 | 2023-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Chuanjin Chiew | Individual | Significant influence | 2020-07-15 | Ceased 2020-07-15 |
| Elite Flagon Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-07-15 | Active |
Filing timeline
Last 20 of 41 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-30 | AA | accounts | Accounts with accounts type full | |
| 2025-07-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-27 | CH01 | officers | Change person director company with change date | |
| 2024-07-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-16 | AA | accounts | Accounts with accounts type full | |
| 2023-09-22 | AA | accounts | Accounts with accounts type full | |
| 2023-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-26 | AD02 | address | Change sail address company with old address new address | |
| 2023-06-23 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2023-06-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-02-14 | CH02 | officers | Change corporate director company with change date | |
| 2023-02-10 | CH04 | officers | Change corporate secretary company with change date | |
| 2022-09-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-09-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-07-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-07-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-07-15 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+0.6%
£683,000 £687,000
-
Cash
-3.8%
£501,000 £482,000
-
Net assets
+4.2%
-£1,995,000 -£1,912,000
-
Employees
—
Not reported
-
Operating profit
+158.3%
-£1,092,000 £637,000
-
Profit before tax
+106.6%
-£1,694,000 £111,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers