Back to search

S.P.Q. Ltd.

04740228

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

QFM HOUSE, SHEFFIELD, S9 3YE
Incorporated 22/04/2003

Compliance

Last accounts

29/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/04/2026

Due 06/05/2027

On track

Industry

56102
Unlicensed restaurants and cafes

Officers

Mrs Maya Bharat Patel

secretary · Since 15/05/2003

SECRETARY

BRITISH · UNITED ARAB EMIRATES · Age 60

Also on 39 other boards

Mr Bharat Chandubhai Patel

director · Since 15/05/2003

BUSINESSMAN

BRITISH · UNITED ARAB EMIRATES · Age 62

Also on 17 other boards

Mrs Maya Bharat Patel

director · Since 15/05/2003

SECRETARY

BRITISH · UNITED ARAB EMIRATES · Age 60

Also on 39 other boards

Mr Arjun Bharat Patel

director · Since 01/02/2025

BUSINESSMAN

BRITISH · ENGLAND · Age 35

Also on 13 other boards

Dr Kishan Bharat Patel

director · Since 01/02/2025

BUSINESSMAN

BRITISH · ENGLAND · Age 39

Also on 15 other boards

Persons with Significant Control

Revero Foods Limited

75–100% shares
75–100% votes

Qfm House, 10 Brightside Lane, Sheffield, S9 3YE

Reg: 05241873 · England & Wales · Limited Company

Notified 15/01/2026

Former PSCs

Fieldrose Limited

Ceased 15/01/2026

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 02/09/2015Registered 08/09/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/12/2011Registered 10/12/2011Satisfied 29/02/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/05/2004Registered 21/05/2004Satisfied 29/02/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/07/2003Registered 23/07/2003Satisfied 29/02/2016

CompanyRankvs 11038+ SIC 56102 peers
27

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/09/2023

Turnover

£11.9M

Annual revenue

Net Worth

-£2.9M

Balance sheet strength

Cash

£16k

Cash in the bank

Profit Before Tax

-£3.0M

Bottom line earnings

Net Current Assets

-£10.8M

Working capital

Current Assets

£2.3M

Current Liabilities

£13.1M

Fixed Assets

£7.9M

Debtors

£2.0M

Cost of Sales

£8.3M

Gross Profit

£3.6M

Admin Expenses

£6.6M

Operating Profit

-£3.0M

Profit After Tax

-£3.0M

392avg. employees+5

People Costs

Wages & salaries£4.6M
NI contributions£214k

Balance Sheet

Intangible assets£291k
Assets less current liabilities-£2.9M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20230.17-£3.0M
20220.19

Derived from filed accounts. Not audited figures.