ELEMENT DIGITAL ENGINEERING LIMITED

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

• Turnover

  -9%

  £5,309,171 → £4,830,799

• Cash

  +353.7%

  £344,177 → £1,561,470

  highest in 6 filed years

• Net assets

  -187.3%

  £1,549,416 → -£1,352,933

  lowest in 6 filed years

• Employees

  +36.5%

  52 → 71

  highest in 6 filed years

• Operating profit

  -165.5%

  -£728,315 → -£1,933,509

• Profit before tax

  -227.7%

  -£894,312 → -£2,930,349

• Wages

  +0.5%

  £2,928,355 → £2,944,386

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

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.

1. ELEMENT DIGITAL ENGINEERING LIMITED 2022-09-01 → present
2. NORTON STRAW CONSULTANTS LTD 2011-12-13 → 2022-09-01
3. ALTUM ENGINEERING CONSULTANTS LIMITED 2011-08-16 → 2011-12-13

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Sibbalds Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. ELEMENT DIGITAL ENGINEERING LIMITED · parent
   1. Filton Systems Engineering Ltd 100% · Aerospace engineering and testing services

Significant events

• “In January 2025 Element Digital Engineering Limited continued preparations to fully integrate Filton Systems Engineering Limited in to its own operation. Within this preparation a hive-up of assets and liabilities was completed. The full hive-up is expected to be finalised by the end of Q4 2025, as such a basis is provided to consider the accounts as needing to be prepared on a basis other than going concern. As a further result of the post balance sheet events, the investment in Filton Systems Engineering Limited held on the balance sheet at the year end has been assessed for impairment in following FRS 102 regulation. No actual impairment has been discovered as at the year end.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.