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Q.A. Audits Limited

04601332

active
Private Limited Company
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

RINGERS HILL BARN, LANCASTER, LA2 8NY
Incorporated 26/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

02400
Support services to forestry

Officers

Mr John Reid

director · Since 27/11/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr William Reid

director · Since 23/11/2023

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 23

Persons with Significant Control

Mr John Reid

25–50% shares

British · England · Age 60

Ringers Hill Barn, Wennington, Lancaster, LA2 8NY

Notified 11/05/2017

CompanyRankvs 117+ SIC 02400 peers
80

Financial strength88th percentile among SIC peers · 22/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 7.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees8/15 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 31/12/2024

Net Worth

£254k

Balance sheet strength

Cash

£291k

Cash in the bank

Net Current Assets

£254k

Working capital

Current Assets

£296k

Current Liabilities

£42k

Fixed Assets

£30

Debtors

£4k

2avg. employees

Tax at Year End(2021)

Corp tax£11k

Balance Sheet

Assets less current liabilities£254k
Prepared with BTCSoftware AP Solution 2025 12.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
20247.06+£41k
20237.05+£32k
20226.30+£55k
20216.60

Derived from filed accounts. Not audited figures.