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Qualtec Systems Limited

02444962

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

MARSTON HOUSE 5 ELMDON LANE, SOLIHULL, B37 7DL
Incorporated 21/11/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Philip John Griffiths

secretary · Since 21/11/1991

BRITISH · ENGLAND · Age 67

Also on 7 other boards

Mr Gavin Glen Ferguson

director · Since 21/11/1991

COMPUTER SYSTEMS SUPPLIER

BRITISH · ENGLAND · Age 76

Also on 1 other board

Mr Philip John Griffiths

director · Since 21/11/1991

COMPUTER SYSTEMS SUPPLIER

BRITISH · ENGLAND · Age 67

Also on 7 other boards

Persons with Significant Control

Mr Gavin Glen Ferguson

25–50% shares
25–50% votes

British · England · Age 76

Marston House, 5 Elmdon Lane, Solihull, B37 7DL

Notified 06/04/2016

Mr Philip John Griffiths

25–50% shares
25–50% votes

British · England · Age 67

Marston House, 5 Elmdon Lane, Solihull, B37 7DL

Notified 06/04/2016

CompanyRankvs 1021+ SIC 62020 peers
87

Financial strength91th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.42× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1021Qualtec Systems Limited
87
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£149k

Balance sheet strength

Cash

£173k

Cash in the bank

Net Current Assets

£134k

Working capital

Current Assets

£228k

Current Liabilities

£94k

Fixed Assets

£15k

Debtors

£55k

5avg. employees

Tax at Year End(2022)

Corp tax£25k

Balance Sheet

Assets less current liabilities£149k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.42+£15k
20232.29-£9k
20222.67-£40k
20213.06+£22k
20202.97+£7k
20193.33-£9k
20184.66+£33k
20172.68—

Derived from filed accounts. Not audited figures.