Back to search

Quality System Solutions Limited

02674775

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

10 QUEEN STREET PLACE, LONDON, EC4R 1AG
Incorporated 31/12/1991

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 11/01/2026

Due 25/01/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Fernando Velez

secretary · Since 24/02/2022

Mr James Lancaster Crennan

director · Since 24/02/2022

DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 39

Persons with Significant Control

X5 5crm Acquisition Co.

75–100% shares
75–100% votes
Appoint directors

C/O Cogency Global Inc., 850 New Burton Road Suite 201, Dover

Notified 24/02/2022

Former PSCs

Mrs Jacqueline Connell

Ceased 24/02/2022

Mr Peter John Connell

Ceased 24/02/2022

CompanyRankvs 445+ SIC 62012 peers
88

Financial strength97th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.02× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength24/25 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 30/04/2023

Net Worth

£1.1M

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.5M

Current Liabilities

£375k

Fixed Assets

£1k

Debtors

£1.5M

Profit After Tax

£265k

13avg. employees-2

Tax at Year End

Dividends paid-£66k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20234.02-£51k
202118.29-£60k
20208.45+£284k
201911.62-£63k
20189.47

Derived from filed accounts. Not audited figures.