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Quality Engineering Design Limited

04438745

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

77 TIB STREET, MANCHESTER, M4 1LS
Incorporated 14/05/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Matthew John Vickers

director · Since 24/05/2002

CONSULTING ENGINEER

BRITISH · UNITED KINGDOM · Age 61

Also on 4 other boards

Neil David Rhodes

secretary · Since 31/10/2005

BRITISH

Persons with Significant Control

Mr Matthew John Vickers

75–100% shares

British · United Kingdom · Age 61

3, Willow Mead, Stockport, SK6 4GA

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

VERNON BUILDING SOCIETY

Created 20/11/2015Registered 28/11/2015
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/07/2003Registered 22/07/2003

CompanyRankvs 138+ SIC 71122 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees14/15 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.

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

8avg. employees-1

Balance Sheet

Assets less current liabilities£863k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.07+£36k
20233.97+£746
20223.56+£119k
20213.43+£158k
20203.12+£58k
20193.86-£12k
20183.15

Derived from filed accounts. Not audited figures.