First Element Ltd (12902912): administration and why it failed

First Element Ltd (12902912): administration

Status: In administration
Administration began: 2025-12-22
Administrators: Stephanie Sutton, Gordon Thomson, David Frederick Shambrook
Administrators' firm: RSM
Formerly: EFW21 P1 Associated Developments Ltd
Incorporated: 2020-09-24
Location: London
Industry: 70229 Management consultancy activities other than financial management

Why it went into administration

Parent or group failure
Funding withdrawn / unable to refinance
Cash flow / liquidity pressure

From the administrators' statement

Relevant extracts from the company’s financial statements are summarised below.

Statement of Income and Expenses

£000

Administrators' statement of proposals (2026-02-19) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts

First Element Ltd (12902912): administration

Why it went into administration

From the administrators' statement

Processing now

Recently viewed & analysed

First Element Ltd (12902912)