Back to search

Qadex Limited

04299448

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

ONE MERE WAY, NOTTINGHAM, NG11 6JS
Incorporated 04/10/2001

Compliance

Last accounts

30/04/2025

audit exemption subsidiary

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 14/10/2025

Due 28/10/2026

On track

Industry

62012
Business and domestic software development

Officers

Stephen Thompson

secretary · Since 17/01/2023

Mr Benjamin Charles Dorks

director · Since 17/01/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 6 other boards

Ms Emma Jane Hayes

director · Since 17/01/2023

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 45

Also on 19 other boards

Mr Toby William Driver

director · Since 07/07/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 26 other boards

Persons with Significant Control

Ideagen Limited

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

One Mere Way, Ruddington, Nottingham, NG11 6JS

Reg: 02805019 · Register Of Companies England And Wales · Private Limited Company

Notified 17/01/2023

Former PSCs

Mr Stephen Whyte

Ceased 17/01/2023

Mr Stephen Joseph Whyte

Ceased 17/01/2023

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/01/2016Registered 14/01/2016Satisfied 29/10/2020

CompanyRankvs 116+ SIC 62012 peers
90

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.11× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Arden Software Limited
90
2Synergy Logistics Limited
90
3Animation 2000 Limited
90
4Clive Holmes Limited
90
5H. & A.K. Fletcher Limited
90
6Datastor Systems Limited
90
7Xenith Document Systems Ltd
90
8Tba Doncaster Limited
90
9Industrial Tool Supplies (London) Limited
90
10Computair Limited
90
116Qadex Limited
90
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.

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 31/10/2022

Net Worth

£1.5M

Balance sheet strength

Cash

£218k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.4M

Current Liabilities

£772k

Fixed Assets

£3k

Debtors

£2.2M

21avg. employees

Tax at Year End

Corp tax£145k
VAT£40k

Director Loans

Company owes directors£4k

Balance Sheet

Assets less current liabilities£1.6M
Signed by Mr Stephen Whyte 20/12/2022Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20223.11+£581k£796k
20212.61+£216k£945k
20202.91+£210k£1.4M
20192.07+£175k£244k
20181.48—£317k

Derived from filed accounts. Not audited figures.