Qualmech Limited
03837574
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 01/11/2012
Persons with Significant Control
Mr Brian Fitzgerald
Welsh · Wales · Age 81
33, St. Augustine Road, Pontypool, NP4 5EZ
Notified 07/09/2016
Charges1 outstanding
FINANCE WALES INVESTMENTS LIMITED
BARCLAYS BANK PLC
CompanyRankvs 163+ SIC 18140 peers28
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
-£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
—
Current Liabilities
£9k
Fixed Assets
£500
Tax at Year End(2020)
Director Loans(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | — | -£690 | — |
| 2023 | — | -£870 | — |
| 2022 | — | -£2k | — |
| 2021 | 0.14 | -£863 | — |
| 2020 | — | +£3k | £4k |
| 2019 | 0.41 | — | £4k |
Derived from filed accounts. Not audited figures.