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Quality Purchases Ltd

08269270

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

13 COLVILLE ROAD, LONDON, W3 8BL
Incorporated 26/10/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Omar Alomar

director · Since 26/10/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Mr Ahmed Othman

director · Since 23/11/2022

MANAGER

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr Omar Alomar

75–100% shares

British · United Kingdom · Age 38

273, Greenford Road, Greenford, UB6 8QZ

Notified 01/09/2016

Charges4 outstanding

Charge
outstanding

INTERBAY FUNDING, LTD.

Created 15/12/2023Registered 20/12/2023
Charge
outstanding

MS LENDING GROUP LIMITED

Created 04/05/2023Registered 09/05/2023
Charge
outstanding

MS LENDING GROUP LIMITED

Created 04/05/2023Registered 09/05/2023
Charge
outstanding

BLOOMSMITH FINANCE LIMITED

Created 04/05/2023Registered 04/05/2023

CompanyRankvs 80550+ SIC 68100 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.16× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£190k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£23k

Current Liabilities

£20k

Fixed Assets

£1.5M

Debtors

£4k

0avg. employees

Balance Sheet

Assets less current liabilities£1.5M
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20241.16-£12k
2023198.39-£228k
202219.61-£10k
20215.67

Derived from filed accounts. Not audited figures.