The Firmwatch take
Elteam Ltd is a 8-year-old real estate, subject to strike-off action. The latest filed accounts (year to 31 May 2023) show −£565k in net assets, with 1 distress signal extracted from the filing (negative net assets). Most recent public risk event: first gazette notice.
Auto-generated from filings·Refreshed 24 May 2026
2 public risk events on file
Pulse · Net assets
Only one period of accounts has been filed since this company was indexed. A trajectory will appear here as more filings arrive.
Incorporated
23 May 2018
8 years on the register
Sector
Buying and selling of own real estate
SIC 68100
Size
Not classified
Net assets
−£565k
-£565,327
Cash at bank
Not disclosed
Not required for this filing type
Risk events
2 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
80/100
critical risk
Estimated public-data value
-£565,327 - £0
low confidence - negative net assets visible value
Sector comparison
Sector: Real Estate
Sample: 349 companies
Negative net assets: 27.5%
- Net assets vs sector median
- -£566,135
- Working capital vs sector median
- -£17,925,227
- Sector median current ratio
- 0.83
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Old accounts
The latest extracted accounts period is more than 30 months old.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£7,512,243
Current liabilities
Amounts due within one year (short-term creditors).
£25,435,765
Working capital
Current assets minus current liabilities.
-£17,923,522
Fixed assets
Long-term tangible and intangible assets.
£19,787,022
Total assets less current liabilities
Fixed assets plus working capital.
£1,863,500
Net assets
What's left after liabilities are deducted from assets.
-£565,327
Equity (capital & reserves)
Shareholder funds.
£32
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.