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Promo Qc Limited

06312992

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

147-149 CAMFORD WAY, LUTON, LU3 3AN
Incorporated 16/07/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13990
Manufacture of other textiles

Officers

Mr Muzaffar Ali Shaikh

director · Since 01/08/2013

BUSINESSMAN

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mr Asif Nigel Shaikh

director · Since 08/06/2023

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Muzaffar Ali Shaikh

25–50% shares
Significant control

British · England · Age 63

147-149, Camford Way, Luton, LU3 3AN

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/03/2025Registered 18/03/2025
charge
satisfied

BARCLAYS BANK PLC

Created 18/02/2008Registered 05/03/2008Satisfied 03/04/2025

CompanyRankvs 48+ SIC 13990 peers
76

Financial strength93th percentile among SIC peers · 23/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.07× · 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.

Employees13/15 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 31/07/2024

Net Worth

£885k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£2.4M

Current Liabilities

£1.2M

Fixed Assets

£37k

Debtors

£202k

8avg. employees+1

Tax at Year End

Corp tax£47k
VAT£183k

Director Loans

Company owes directors£207k

Balance Sheet

Assets less current liabilities£1.3M
Signed by Mr Muzaffar Ali Shaikh 09/01/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.07-£20k£3.7M
20232.02+£37k£3.0M
20221.78+£48k£2.0M
20211.71-£62k
20201.90-£77k
20192.13+£55k
20182.15

Derived from filed accounts. Not audited figures.