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Cqi Limited

03850560

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 5 MONKSPATH BUSINESS PARK, SOLIHULL, B90 4NY
Incorporated 29/09/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Helen Marie O'Neill

secretary · Since 01/12/2000

BRITISH · Age 51

Also on 4 other boards

Mr Ian Richard Barratt

director · Since 01/12/2000

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Mrs Jennifer Barratt

secretary · Since 04/04/2017

Mr Phil Pickering

secretary · Since 04/04/2017

Mrs Helen Marie O'Neill

director · Since 20/11/2020

ACCOUNTANT

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Cqi Holdings Limited

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

Unit 5, Monkspath Business Park, Solihull, B90 4NY

Reg: 12979709 · Companies House · Private Company Limited By Shares

Notified 20/11/2020

Former PSCs

Mrs Helen Marie O'Neill

Ceased 20/11/2020

Mr Ian Richard Barratt

Ceased 20/11/2020

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 18/10/2023Registered 20/10/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 21/08/2019Registered 27/08/2019
charge
outstanding

BARCLAYS BANK PLC

Created 20/01/2003Registered 07/02/2003
charge
satisfied

HSBC BANK PLC

Created 27/03/2002Registered 05/04/2002Satisfied 12/06/2003

CompanyRankvs 241+ SIC 46740 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.57× · 16/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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 concern are d

Key FinancialsYear ending 31/12/2022

Turnover

£34.3M

Annual revenue

Net Worth

£5.5M

Balance sheet strength

Cash

£121k

Cash in the bank

Profit Before Tax

£2.6M

Bottom line earnings

Net Current Assets

£5.9M

Working capital

Current Assets

£16.3M

Current Liabilities

£10.4M

Fixed Assets

£995k

Debtors

£10.6M

Cost of Sales

£27.5M

Gross Profit

£6.8M

Admin Expenses

£4.2M

Operating Profit

£2.7M

Profit After Tax

£2.1M

78avg. employees+6

Tax at Year End

Corp tax£340k
Dividends paid£1.2M

People Costs

Wages & salaries£2.5M
NI contributions£255k

Balance Sheet

Intangible assets£260k
Bank loans & overdrafts£476k
Assets less current liabilities£6.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.57+£897k
20211.60+£1.3M
20201.73

Derived from filed accounts. Not audited figures.