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Quin Systems Limited

01782394

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNITS 1-2 THE LAWRENCE CENTRE, WOKINGHAM, RG41 2FE
Incorporated 12/01/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Michael James Morley Webb

director · Since 31/10/1991

TECHNICAL DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 3 other boards

Mr Michael James Morley Webb

secretary · Since 28/09/2001

BRITISH · ENGLAND · Age 68

Also on 3 other boards

Mr Paul Christopher Wheller

director · Since 14/02/2023

DESIGN ENGINEER

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Michael James Morley Webb

75–100% shares
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · England · Age 68

Units 1-2 The Lawrence Centre, Oaklands Park, Wokingham, RG41 2FE

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 25/06/1984Registered 28/06/1984

CompanyRankvs 482+ SIC 28990 peers
66

Financial strength65th percentile among SIC peers · 16/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£209k

Balance sheet strength

Cash

£126k

Cash in the bank

Net Current Assets

£208k

Working capital

Current Assets

£328k

Current Liabilities

£120k

Fixed Assets

£2k

Debtors

£89k

6avg. employees

Tax at Year End

VAT£12k

Director Loans

Company owes directors£35k

Balance Sheet

Assets less current liabilities£209k
Signed by MR MICHAEL WEBB 07/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.73+£56k£246k
20242.03+£52k£246k
20231.82-£87k
20222.67-£19k
20213.82-£140k
20206.43-£283k
20198.83+£606k
20172.76

Derived from filed accounts. Not audited figures.