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Qv Realisations Limited

02267537

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O TENEO FINANCIAL ADVISORY LIMITED THE COLMORE BUILDING 20, BIRMINGHAM, B4 6AT
Incorporated 14/06/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10390
Other processing and preserving of fruit and vegetables

Officers

Mr Duncan Richard Worth

director · Since 18/12/2001

FARMER

BRITISH · ENGLAND · Age 61

Also on 22 other boards

Mr Mark Richard Henson

secretary · Since 01/09/2017

Mr Benjamin Worth

director · Since 26/06/2020

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 16 other boards

Persons with Significant Control

Ahw (Operating) Co Limited

75–100% shares

Fleet Estate Office, Holbeach Hurn, Holbeach, Spalding, PE12 8LR

Reg: 7944839 · Uk · Uk Company

Notified 01/06/2016

Charges4 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 08/06/2023Registered 14/06/2023
Charge
satisfied

SANTANDER ASSET FINANCE PLC

Created 06/06/2014Registered 10/06/2014Satisfied 05/04/2023
Charge
outstanding

HSBC BANK PLC

Created 15/05/2013Registered 24/05/2013
charge
satisfied

HSBC ASSET FINANCE (UK) LTD AND HSBC EQUIPMENT FINANCE (UK) LTD

Created 24/12/2012Registered 28/12/2012Satisfied 03/06/2024
charge
satisfied

HSBC ASSET FINANCE (UK) LTD & HSBC EQUIPMENT FINANCE (UK) LTD

Created 18/04/2012Registered 19/04/2012Satisfied 03/06/2024
charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 10/06/2010Registered 11/06/2010Satisfied 03/06/2024
charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 20/02/2009Registered 24/02/2009Satisfied 28/02/2012
charge
outstanding

HSBC BANK PLC

Created 23/03/2005Registered 26/03/2005
charge
outstanding

HSBC BANK PLC

Created 11/03/2005Registered 17/03/2005
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 30/07/2004Registered 07/08/2004Satisfied 06/10/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/12/1999Registered 21/12/1999Satisfied 06/10/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/08/1999Registered 09/08/1999Satisfied 06/10/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/01/1997Registered 07/02/1997Satisfied 06/10/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/11/1996Registered 27/11/1996Satisfied 06/10/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/05/1994Registered 27/05/1994Satisfied 06/10/2005

CompanyRankvs 15+ SIC 10390 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

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. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/05/2023

Turnover

£79.7M

Annual revenue

Net Worth

-£1.5M

Balance sheet strength

Cash

£106k

Cash in the bank

Profit Before Tax

-£7.0M

Bottom line earnings

Net Current Assets

-£9.0M

Working capital

Current Assets

£14.2M

Current Liabilities

£23.1M

Fixed Assets

£7.6M

Debtors

£11.3M

Cost of Sales

£64.7M

Gross Profit

£15.0M

Admin Expenses

£13.8M

Operating Profit

-£6.8M

Profit After Tax

-£6.6M

304avg. employees-41

Tax at Year End

Corp tax£776

People Costs

Wages & salaries£12.5M
NI contributions£898k

Balance Sheet

Intangible assets£78k
Assets less current liabilities-£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.61-£6.6M
20221.15-£1.9M
20211.05-£67k
20201.04

Derived from filed accounts. Not audited figures.