Back to search

Quaytech Solutions Limited

04543219

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

13A PARK STREET, MINEHEAD, TA24 5NQ
Incorporated 24/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Ms Nicola Gibson

director · Since 24/09/2002

SOFTWARE DEVELOPER

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Ms Nicola Gibson

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

British · England · Age 57

3, The Parks, Minehead, TA24 5NF

Notified 06/04/2016

CompanyRankvs 28878+ SIC 62012 peers
46

Financial strength10th percentile among SIC peers · 3/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees11/15 pts

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

Liquidity2/20 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 31/05/2025

Net Worth

-£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£2k

Current Liabilities

£19k

Fixed Assets

£1k

2avg. employees-1

Balance Sheet

Assets less current liabilities-£16k
Signed by Nicola Gibson Date of approval: 29/12/2025 The company was trading for the entire period

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08-£8k
20240.03-£4k
20230.45-£12k
20221.88
20210.17
20201.00

Derived from filed accounts. Not audited figures.