Quinshield Limited
02767033
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 23/11/1992
CHAIRMAN
BRITISH · WALES · Age 83
Also on 15 other boards
director · Since 23/11/1992
CHAIRMAN
BRITISH · WALES · Age 83
Also on 15 other boards
director · Since 01/07/2000
MANAGING DIRECTOR
WELSH · UNITED KINGDOM · Age 62
Also on 3 other boards
director · Since 01/01/2002
PROD & TRANSPORT
BRITISH · UNITED KINGDOM · Age 63
Also on 2 other boards
Persons with Significant Control
Cronfa Cyf
Unit 27/28, Capel Hendre Industrial Estate, Ammanford, SA18 3SJ
Reg: 08806460 · Companies House · Limited By Shares
Notified 06/04/2016
Charges0 outstanding
BARCLAYS BANK PLC
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
BANK OF WALES PLC
BANK OF WALES PLC,
BANK OF WALES PLC,
BANK OF WALES PLC.
BANK OF WALES PLC,
BANK OF WALES PLC,
BANK OF WALES PLC,
BARCLAYS BANK PLC
CompanyRankvs 548+ SIC 22290 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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
Key FinancialsYear ending 31/12/2024
Net Worth
£25k
Balance sheet strength
Cash
£6.1M
Cash in the bank
Profit Before Tax
£5.3M
Bottom line earnings
Net Current Assets
£8.1M
Working capital
Current Assets
£12.2M
Current Liabilities
£4.0M
Fixed Assets
£976k
Debtors
£5.7M
Cost of Sales
£6.9M
Admin Expenses
£5.6M
Profit After Tax
£4.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.01 | +£0 |
| 2023 | 1.99 | -£5.6M |
| 2022 | 2.96 | +£1.0M |
| 2021 | 4.26 | +£4.5M |
| 2020 | 3.29 | +£0 |
| 2019 | 3.29 | +£0 |
| 2018 | 3.03 | +£0 |
| 2017 | 2.74 | — |
Derived from filed accounts. Not audited figures.