ELITE BIDCO LIMITED
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Cash
—
Latest balance sheet
Net assets
£1.7M
-33.7% vs 2024
Employees
—
Average over period
Profit before tax
-£884K
-122.3% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | £525,000 | £441,414 | -15.9% | |
| Profit before tax | -£397,492 | -£883,818 | -122.3% | |
| Net profit | -£397,492 | -£883,818 | -122.3% | |
| Cash | — | — | — | |
| Total assets less current liabilities | £28,555,241 | £32,986,656 | +15.5% | |
| Net assets | £2,622,187 | £1,738,369 | -33.7% | |
| Equity | £2,622,187 | £1,738,369 | -33.7% | |
| Average employees | — | — | — | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Return on capital employed | 1.8% | 1.3% | |
| Gearing (liabilities / total assets) | 91.1% | 95.6% | |
| Current ratio | 3.33x | 1.02x | |
| Interest cover | 0.21x | 0.16x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO Northern Ireland
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having considered the future trading prospects of the company's trading subsidiaries and the expected future dividend stream resulting therefrom, and reviewing existing banking arrangements, including forecast covenant compliance and payments due to the lender, the directors are confident that the company will have adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the date of approval of these financial statements.”
Group structure
- ELITE BIDCO LIMITED · parent
- CB Technology Group Ltd 100%
- CB Technology Holdings Ltd 100%
- CB Technology Ltd 100%
- Elite Electronic Systems Holdings Ltd 100%
- Elite Electronic Systems Ltd 100%
- Elite Electronic Systems (Ireland) Ltd 100%
Significant events
- “On 3 September 2024, the company acquired 100% of the issued share capital of CB Technology Group Limited for a consideration of £6.7m. Since the acquisition, CB Technology Group Limited and subsidiaries have contributed £8m to group turnover and a profit of £506k to the group profit before taxation.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BALFOUR, Jonathan Thomas | Director | 2018-06-27 | Jul 1973 | British |
| FINEGAN, Ross Arthur | Director | 2018-05-24 | Aug 1969 | Irish |
| SMITH, Stefan | Director | 2023-05-24 | Jan 1995 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHETWOOD, Andrew Knightley | Director | 2018-05-24 | 2020-03-27 |
| DOHERTY, Simon | Director | 2020-03-27 | 2022-06-24 |
| HALE, Neville | Director | 2018-06-27 | 2023-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Elite Topco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-05-24 | Active |
Filing timeline
Last 20 of 30 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-10 | AA | accounts | Accounts with accounts type full | |
| 2025-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-13 | AA | accounts | Accounts with accounts type full | |
| 2024-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-02 | AA | accounts | Accounts with accounts type full | |
| 2023-06-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-24 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-12 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-21 | AA | accounts | Accounts with accounts type full | |
| 2022-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-17 | AA | accounts | Accounts with accounts type full | |
| 2021-09-20 | CH01 | officers | Change person director company with change date | |
| 2021-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-18 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-03-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-03-17 | AA | accounts | Accounts with accounts type full | |
| 2020-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-30 | AP01 | officers | Appoint person director company with name date | |
| 2020-03-27 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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.