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Qxtel Limited

03984645

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

145 CITY ROAD, LONDON, EC1V 1AZ
Incorporated 03/05/2000

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 03/05/2025

Due 17/05/2026

On track

Industry

61900
Other telecommunications activities

Officers

Mr Rami Herzallah

secretary · Since 31/03/2008

OTHER

Mr Tolga Kemal Alemdar

director · Since 26/05/2015

COMMERCIAL SALES MANAGER

AMERICAN · UNITED STATES · Age 49

Mr Leandro Jose Iglesias

director · Since 01/04/2024

CHIEF EXECUTIVE OFFICER

SPANISH · SPAIN · Age 61

Mr Alvaro Clemente Quintana Cardona

director · Since 01/04/2024

CHIEF FINANCIAL OFFICER

VENEZUELAN · VENEZUELA · Age 55

Persons with Significant Control

Mr Tolga Kemal Alemdar

25–50% shares
25–50% votes

American · United States · Age 49

145, City Road, London, EC1V 1AZ

Notified 06/04/2016

Iqstel Inc

50–75% shares
50–75% votes
Appoint directors

300 Aragon Avenue, Suite 375, Coral Gables, 33134

Notified 14/05/2025

Former PSCs

Yukon River Holdings Ltd.

Ceased 01/01/2023

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 07/05/2024Registered 08/05/2024

CompanyRankvs 852+ SIC 61900 peers
57

Financial strength98th percentile among SIC peers · 25/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.38× · 12/20
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.

Employees10/15 pts

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

Liquidity12/20 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

performed, 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 c

Key FinancialsYear ending 31/12/2022

Turnover

£81.5M

Annual revenue

Net Worth

£2.3M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

£2.1M

Working capital

Current Assets

£7.4M

Current Liabilities

£5.3M

Fixed Assets

£248k

Debtors

£5.6M

Cost of Sales

£77.6M

Gross Profit

£3.9M

Admin Expenses

£2.6M

Profit After Tax

£1.1M

2avg. employees

Tax at Year End

Corp tax£132k
Dividends paid-£1.0M

People Costs

Wages & salaries£683k
NI contributions£12k

Balance Sheet

Intangible assets£74k
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied Profit
20221.38+£428k
20211.40

Derived from filed accounts. Not audited figures.