Qai Services Limited
05970091
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/10/2006
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 5 other boards
director · Since 17/10/2006
DIRECTOR
BRITISH · UNITED KINGDOM · Age 54
Also on 1 other board
director · Since 30/11/2023
DIRECTOR OF QAI SERVICES LTD
BRITISH · UNITED KINGDOM · Age 49
Also on 2 other boards
director · Since 01/01/2024
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 3 other boards
Persons with Significant Control
Vernier Holdings Ltd
Socotec House, Bretby Business Park, Burton-On-Trent, DE15 0YZ
Reg: 12290873 · England And Wales · Company Limited By Shares
Notified 20/11/2019
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 1549+ SIC 43390 peers76
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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
Going concern doubt: -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 31/12/2024
Turnover
£12.1M
Annual revenue
Net Worth
£3.7M
Balance sheet strength
Cash
£176k
Cash in the bank
Profit Before Tax
£1.7M
Bottom line earnings
Net Current Assets
£3.6M
Working capital
Current Assets
£7.5M
Current Liabilities
£3.9M
Fixed Assets
£62k
Debtors
£7.3M
Cost of Sales
£94k
Gross Profit
£12.0M
Admin Expenses
£10.6M
Operating Profit
£1.5M
Profit After Tax
£2.1M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.92 | +£2.1M |
| 2023 | 1.36 | +£1.3M |
| 2022 | 1.07 | -£224k |
| 2021 | 1.16 | -£174k |
| 2020 | 1.25 | +£90k |
| 2019 | 1.35 | -£267k |
| 2018 | 1.73 | — |
Derived from filed accounts. Not audited figures.