Quality Lounge Suites Limited
05874132
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/07/2025
total exemption full
Next accounts due
30/04/2027
Confirmation statement
Last: 01/07/2025
Due 15/07/2026
Industry
Officers
director · Since 12/07/2006
FURNITURE MANUFACTURER
BRITISH · UNITED KINGDOM · Age 68
Also on 1 other board
director · Since 19/02/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 39
Also on 1 other board
Persons with Significant Control
Mr Richard Mark Searle
British · United Kingdom · Age 68
C/O Shelley Stock Hutter Llp, 1st Floor, London, W1G 9DQ
Notified 06/04/2016
Charges1 outstanding
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
289 LOWER HIGH STREET
WATFORD
CompanyRankvs 1128+ SIC 31090 peers61
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2025
Net Worth
£150k
Balance sheet strength
Cash
£30k
Cash in the bank
Net Current Assets
-£16k
Working capital
Current Assets
£505k
Current Liabilities
£521k
Fixed Assets
£332k
Debtors
£412k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.97 | +£7k |
| 2024 | 1.32 | +£78k |
| 2023 | 1.15 | — |
Derived from filed accounts. Not audited figures.