How much does Elements (Europe) Limited make?

Elements (Europe) Limited reported revenue of £42m and a loss of £29.5m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

Is Elements (Europe) Limited profitable?

No — Elements (Europe) Limited reported a loss of £29.5m in the year to 31 Dec 2023.

Company No. 05586163 · Incorporated 7 Oct 2005

Elements (Europe) Limited

Registered name: ELEMENTS (EUROPE) LIMITED

Elements (Europe) Limited made £42m revenue and a £29.5m loss in the year to 31 Dec 2023.

Elements (Europe) Limited’s revenue grew 92% to £42m in the year to 31 Dec 2023, with a loss of £29.5m. The company is classified under “other specialised construction activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.

Status: In Administration
Location: London, London
Age: 21 yrs · since 2005
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “GS Engineering & Construction Corp”

Latest accounts · year to 31 Dec 2023

Key figures

Boring industryCash flow filed

Revenue

£42m

Growth ▲91.6%

Profit

−£29.5m

Growth —

Profit margin

−70.2%

Gross −54.8%

Employees

—

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.5m	£21.9m	£42m
Cost of sales	—	—	−£65m
Gross profit	—	—	−£23m
Operating profit	—	—	−£29m
Profit before tax	—	—	−£29.5m
Profit after tax	−£1.6m	−£5.7m	−£29.5m
Profit (best available)	−£1.6m	−£5.7m	−£29.5m
Staff costs	£1.1m	£1.4m	—
Employees (average)	124	135	—
Ratios
Profit margin	−10.4%	−26%	−70.2%
Gross margin	—	—	−54.8%
Revenue per employee	£125k	£162k	—
Profit per employee	−£13k	−£42.3k	—
Growth (year on year)
Revenue growth	—	▲41.8%	▲91.6%
Headcount growth	—	▲8.9%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£6.3m	£1.5m	—
Net assets	£17.7m	£12m	—
Current assets	£17.1m	£15.5m	—
Debtors	£57.3k	£2.1m	—
Cash from operations	−£4.2m	−£3.4m	—
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: −70.2%; Profit ÷ revenue.
Gross margin: −54.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit −£29.5m), from the Companies House accounts bulk data published Oct 2024. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.