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Quantum It Lab Limited

08736255

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

OFFICE NUMBER 59 LEVEL 37, LONDON, E14 5AA
Incorporated 17/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
63110
Data processing, hosting and related activities
63120
Web portals

Officers

Mr Bhuwan Kaushik

director · Since 30/04/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr Bhuwan Kaushik

50–75% shares

British · England · Age 49

Office Number 59 Level 37, 1 Canada Square, London, E14 5AA

Notified 03/11/2023

Former PSCs

Mr Dharamvir Puri

Ceased 03/11/2023

CompanyRankvs 72107+ SIC 62020 peers
44

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 pts

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

Liquidity2/20 pts

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

Longevity13/15 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 31/10/2024

Net Worth

-£273k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£251k

Working capital

Current Assets

£100

Current Liabilities

£251k

6avg. employees

Balance Sheet

Assets less current liabilities-£251k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£55k
20230.00-£90k
20220.27-£46k
20210.50-£93k
20202.67-£465
20191.33
20181.26

Derived from filed accounts. Not audited figures.