Quality Engineering Design Limited
04438745
Healthy
- No accounts filed in last 18 months (-5)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/05/2002
CONSULTING ENGINEER
BRITISH · UNITED KINGDOM · Age 61
Also on 4 other boards
Persons with Significant Control
Mr Matthew John Vickers
British · United Kingdom · Age 61
3, Willow Mead, Stockport, SK6 4GA
Notified 06/04/2016
Charges2 outstanding
VERNON BUILDING SOCIETY
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 138+ SIC 71122 peers79
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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 31/05/2024
Net Worth
£716k
Balance sheet strength
Cash
£103k
Cash in the bank
Net Current Assets
£640k
Working capital
Current Assets
£849k
Current Liabilities
£209k
Fixed Assets
£223k
Debtors
£746k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.07 | +£36k |
| 2023 | 3.97 | +£746 |
| 2022 | 3.56 | +£119k |
| 2021 | 3.43 | +£158k |
| 2020 | 3.12 | +£58k |
| 2019 | 3.86 | -£12k |
| 2018 | 3.15 | — |
Derived from filed accounts. Not audited figures.