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Qualitek Engineering Ltd

07202405

liquidation
Private Limited Company
wales
Companies House
Insolvency history
Health Score
N/A

Details

63 WALTER ROAD, SWANSEA, SA1 4PT
Incorporated 25/03/2010

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 25/03/2025

Due 08/04/2026

Overdue

Industry

25620
Machining
25990
Manufacture of other fabricated metal products

Officers

Mrs Julie Ann Tovey

secretary · Since 25/03/2010

Mr John Royston Tovey

director · Since 25/03/2010

DIRECTOR

BRITISH · WALES · Age 61

Also on 5 other boards

Mr Andrew James Beer

director · Since 05/01/2022

COMPANY DIRECTOR

BRITISH · WALES · Age 67

Persons with Significant Control

Mr John Royston Tovey

25–50% shares

British · Wales · Age 61

63, Walter Road, Swansea, SA1 4PT

Notified 06/04/2016

Mr Andrew Royston Beer

25–50% votes

British · Wales · Age 66

63, Walter Road, Swansea, SA1 4PT

Notified 01/04/2025

Qualitas Holdings Limited

75–100% shares

Unit 2 Dura Business Park, Yspitty Road, Llanelli, SA14 9TD

Reg: 13779689 · England And Wales · Limited Company

Notified 01/04/2025

Charges3 outstanding

Charge
outstanding

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Created 30/04/2021Registered 13/05/2021
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/10/2015Registered 27/10/2015Satisfied 30/09/2020
charge
satisfied

STATE SECURITIES PLC

Created 26/04/2010Registered 28/04/2010Satisfied 07/01/2022

CompanyRankvs 15+ SIC 25620 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.3× · 12/20
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 strength0/25 pts

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

Employees0/15 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.

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 31/03/2025

Net Worth

£156k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£233k

Working capital

Current Assets

£1.0M

Current Liabilities

£771k

Fixed Assets

£351k

Debtors

£671k

30avg. employees

Tax at Year End(2019)

Dividends paid-£20k

Balance Sheet

Bank loans & overdrafts£38k
Assets less current liabilities£584k
Signed by 07202405 2024-04-01 2025-03-31 07202405 2025-03-31 07202405 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2025-03-31 Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.30-£50k
20241.12+£31k
20231.33-£48k
20221.62-£20k
20211.64-£25k
20201.77+£37k
20191.60

Derived from filed accounts. Not audited figures.