Back to search

Qed Structures Ltd

05559060

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

6-7 HOVE MANOR, HOVE, BN3 2DF
Incorporated 09/09/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Ian Waddingham

director · Since 09/09/2005

STRUCTURAL ENGINEER

BRITISH · ENGLAND · Age 57

Also on 7 other boards

Mrs Nicola Waddingham

director · Since 24/09/2008

PROJECT MANAGER

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Mr Nigel Tsang

director · Since 01/01/2024

SURVEYOR

BRITISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Mr Ian Waddingham

75–100% shares

British · England · Age 57

47 Brittany Road, Hove, BN3 4PA

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

KRIYA FINANCE LIMITED

Created 27/04/2023Registered 27/04/2023
charge
outstanding

LA CUCINA LIMITED

Created 05/11/2010Registered 23/11/2010
charge
outstanding

MARSTON PROPERTIES LIMITED

Created 22/02/2008Registered 06/03/2008

CompanyRankvs 14518+ SIC 71129 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Christie & Grey Limited
90
2Giltbrook Dyers And Cleaners Limited(The)
90
3Boro Foundry Limited(The)
90
4Sleeman & Hawken Limited
90
5Glebe Engineering Limited
90
6Bindon Engineering Company Limited
90
7Tool Design And Manufacture (Yate) Limited
90
8Corrosion Technology Services Europe Limited
90
9Mel Aviation Limited
90
10Accurate Cutting Services Limited
90
14518Qed Structures Ltd
47
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.

Liquidity6/20 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 31/08/2025

Net Worth

-£317k

Balance sheet strength

Cash

£172k

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£409k

Current Liabilities

£460k

Fixed Assets

£13k

Debtors

£237k

26avg. employees+5

Balance Sheet

Intangible assets£5k
Assets less current liabilities-£38k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89-£173k
20240.95-£112k
20231.42-£76k
20221.42-£111k
20212.00+£120k
20201.41+£72k
20190.92-£45k
20181.60—

Derived from filed accounts. Not audited figures.