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Qubic Associate Group Limited

06871396

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

2 ST. JAMES GATE, NEWCASTLE UPON TYNE, NE1 4AD
Incorporated 06/04/2009

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 05/12/2025

Due 19/12/2026

On track

Industry

70100
Activities of head offices

Officers

Mr David Michael Graham

director · Since 26/06/2009

ACCOUNTANT

BRITISH · ENGLAND · Age 48

Also on 12 other boards

Persons with Significant Control

Qubic Trustees Limited

ownership-of-shares-75-to-100-percent-as-trust

2, St. James Gate, Newcastle Upon Tyne, NE1 4AD

Reg: 06890768 · England And Wales · Limited Company

Notified 25/04/2024

Former PSCs

Mr David Michael Graham

Ceased 01/04/2019

Mr Christopher Peter Eaton

Ceased 22/12/2022

Ils Trustees Limited

Ceased 25/04/2024

CompanyRankvs 4072+ SIC 70100 peers
66

Financial strength62th percentile among SIC peers · 16/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.48× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£87k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£402k

Working capital

Current Assets

£1.2M

Current Liabilities

£793k

Fixed Assets

£25k

1avg. employees

Tax at Year End(2022)

Corp tax£837

Balance Sheet

Assets less current liabilities£427k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.48+£15k
20231.35+£17k
20221.32+£23k
20211.14+£18k
20200.96
20191.68

Derived from filed accounts. Not audited figures.