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Qualita Limited

06620108

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

35 WATES WAY, MITCHAM, CR4 4HR
Incorporated 13/06/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46470
Wholesale of furniture, carpets and lighting equipment
47599
Retail sale of furniture, lighting equipment and other household articles

Officers

Mr Andrius Minicius

director · Since 05/03/2012

MANAGEMENT

LITHUANIAN · ENGLAND · Age 42

Also on 2 other boards

Persons with Significant Control

Mr Andrius Minicius

Significant control

Lithuanian · England · Age 42

35, Wates Way, Mitcham, CR4 4HR

Notified 26/06/2026

Former PSCs

Mr Andrius Minicius

Ceased 26/06/2026

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 05/02/2016Registered 12/02/2016
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 28/07/2008Registered 30/07/2008Satisfied 30/01/2016

CompanyRankvs 438+ SIC 46470 peers
62

Financial strength91th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1F.M. Birch Limited
90
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90
3Nutland Carpet Accessories Limited
90
4Firstlight Products Limited
90
5Delta Carpets Ltd.
90
6Pacific Lifestyle Limited
90
7Valley Wholesale Carpets Limited
90
8Libra Scale Company Limited
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10Bentley Designs (Uk) Limited
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438Qualita Limited
68
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.

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 31/12/2024

Net Worth

£386k

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

-£64k

Working capital

Current Assets

£2.1M

Current Liabilities

£2.2M

Fixed Assets

£454k

Debtors

£1.6M

5avg. employees-2

Balance Sheet

Assets less current liabilities£391k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.97+£45k
20230.96+£84k
20210.96—

Derived from filed accounts. Not audited figures.