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Quality Engineered Products Limited

04667552

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

ECO HOUSE, CINDERFORD, GL14 2PH
Incorporated 17/02/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr David Raymond Marfell

director · Since 17/02/2003

DIRECTOR

BRITISH · ENGLAND · Age 57

Mrs Donna Louise Marfell

director · Since 17/02/2003

DIRECTOR

BRITISH · ENGLAND · Age 53

Mr Geoffrey Bernard Thomas

director · Since 17/02/2003

DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 1 other board

Mrs Linda Margaret Thomas

director · Since 17/02/2003

DIRECTOR

BRITISH · ENGLAND · Age 75

Stephen John Wheeler

director · Since 17/02/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Persons with Significant Control

Quality Engineered Products (Eot) Limited

50–75% shares
50–75% votes

Eco House, Forest Vale Road, Cinderford, GL14 2PH

Reg: 15577461 · Companies House, England And Wales · Private Company Limited By Guarantee

Notified 04/04/2024

Former PSCs

Mr Stephen John Wheeler

Ceased 04/04/2024

Mr David Raymond Marfell

Ceased 04/04/2024

Mr Geoffrey Bernard Thomas

Ceased 04/04/2024

Mrs Donna Louise Marfell

Ceased 04/04/2024

Mrs Linda Margaret Thomas

Ceased 04/04/2024

Charges1 outstanding

Charge
outstanding

GEOFFREY THOMAS (AS SECURITY TRUSTEE)

Created 04/04/2024Registered 04/04/2024
charge
satisfied

HSBC BANK PLC

Created 06/11/2003Registered 11/11/2003Satisfied 22/01/2024

CompanyRankvs 95+ SIC 25620 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.35× · 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 strength23/25 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 31/03/2025

Net Worth

£2.1M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.3M

Current Liabilities

£682k

Fixed Assets

£1.2M

Debtors

£668k

31avg. employees+3

Balance Sheet

Assets less current liabilities£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.35-£1.2M
20245.46+£172k
20235.98+£474k
20223.16+£452k
20215.34

Derived from filed accounts. Not audited figures.