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Quality Metal Products Limited

08109449

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

15-17 CHURCH STREET, STOURBRIDGE, DY8 1LU
Incorporated 18/06/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Peter John Hargreaves

director · Since 18/06/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 14 other boards

Mr Neil Gary Higgitt

director · Since 18/06/2012

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 19 other boards

Mr Mark Quick

secretary · Since 24/07/2020

Mr Charles James George Hargreaves

director · Since 24/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 4 other boards

Mr Andrew Jonathan Robinson

director · Since 24/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr. Glenn Adam Scott

director · Since 24/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 38

Mr Stuart Brian Scott

director · Since 24/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Mr Mark Robert Quick

director · Since 14/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mrs Tracey Hargreaves

director · Since 01/03/2024

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Mrs Susan Jane Higgitt

director · Since 05/04/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 2 other boards

Persons with Significant Control

Hh Properties (Midlands) Limited

75–100% shares
75–100% votes
Appoint directors

15-17 Church Street, Stourbridge, DY8 1LU

Reg: 12451338 · England And Wales · Private Company Limited By Shares

Notified 24/06/2021

Former PSCs

Mr Michael Anthony Wright

Ceased 09/03/2020

Mr Peter John Hargreaves

Ceased 24/06/2021

Mr Neil Gary Higgitt

Ceased 24/06/2021

Charges4 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/12/2013Registered 21/12/2013
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/12/2013Registered 12/12/2013
charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 03/09/2012Registered 05/09/2012
charge
outstanding

LONES (UK) LIMITED

Created 16/07/2012Registered 18/07/2012

CompanyRankvs 1029+ SIC 25990 peers
64

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.5× · 16/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/01/2025

Turnover

£8.1M

Annual revenue

Net Worth

£3.3M

Balance sheet strength

Cash

£47k

Cash in the bank

Profit Before Tax

-£503

Bottom line earnings

Net Current Assets

£1.1M

Working capital

Current Assets

£3.3M

Current Liabilities

£2.2M

Fixed Assets

£5.6M

Debtors

£2.2M

Cost of Sales

£5.3M

Gross Profit

£2.8M

Admin Expenses

£2.7M

Operating Profit

£146k

Profit After Tax

-£5k

74avg. employees+4

Tax at Year End

Corp tax£13k
Dividends paid£44k

People Costs

Wages & salaries£1.9M
NI contributions£173k

Balance Sheet

Bank loans & overdrafts£189k
Assets less current liabilities£6.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.50-£49k
20241.59+£55k
20231.41+£299k
20221.48+£1.9M
20211.53-£712k
20201.38+£218k
20191.19

Derived from filed accounts. Not audited figures.