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Quality Plated Products Ltd

07078314

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

SHADY LANE, BIRMINGHAM, B44 9ER
Incorporated 17/11/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr John William Timmins

director · Since 17/11/2009

NONE

BRITISH · ENGLAND · Age 60

Also on 6 other boards

Mrs Karen Maureen Shakeshaft

director · Since 25/07/2012

COMMERCIAL & FINANCE DIRECTOR

BRITISH · ENGLAND · Age 61

Mr Christopher Mahoney

director · Since 01/09/2019

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr John William Timmins

75–100% shares

British · England · Age 60

Shady Lane, Great Barr, Birmingham, B44 9ER

Notified 17/11/2016

Charges4 outstanding

Charge
outstanding

BIRMINGHAM CITY COUNCIL

Created 04/06/2025Registered 06/06/2025
Charge
outstanding

BIRMINGHAM CITY COUNCIL

Created 04/06/2025Registered 06/06/2025
Charge
satisfied

LLOYDS BANK PLC

Created 23/04/2020Registered 28/04/2020Satisfied 13/05/2025
charge
outstanding

BIRMINGHAM CITY COUNCIL

Created 02/01/2013Registered 23/01/2013
charge
outstanding

ALDERMORE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC

Created 01/12/2011Registered 02/12/2011
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 11/01/2010Registered 13/01/2010Satisfied 28/02/2013

CompanyRankvs 1127+ SIC 22290 peers
61

Financial strength85th percentile among SIC peers · 21/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1127Quality Plated Products Ltd
67
How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 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 30/09/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£125k

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£2.0M

Current Liabilities

£3.7M

Fixed Assets

£4.9M

Debtors

£1.7M

33avg. employees

Balance Sheet

Assets less current liabilities£3.2M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.54+£0
20250.54+£28k
20240.59+£759k
20231.14+£306k
20221.14-£668k
20211.19+£204k
20201.45-£57k
20191.17-£515k
20181.08—

Derived from filed accounts. Not audited figures.