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Qiti Engineering Limited

09218147

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

3 GRIGGS CLOSE, ILFORD, IG3 9FL
Incorporated 15/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
70229
Management consultancy activities
71129
Other engineering activities

Officers

Mr Imran Ahmed Khan

director · Since 15/09/2014

ENGINEER

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Imran Ahmed Khan

25–50% shares

British · United Kingdom · Age 48

3, Griggs Close, Ilford, IG3 9FL

Notified 15/09/2016

Former PSCs

Mrs Quratulain Imran Khan

Ceased 31/12/2025

CompanyRankvs 28884+ SIC 62090 peers
51

Financial strength8th percentile among SIC peers · 2/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.46× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 pts

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

Liquidity20/20 pts

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

Longevity12/15 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 30/09/2024

Net Worth

-£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£20k

Current Liabilities

£8k

Fixed Assets

£427

0avg. employees

Balance Sheet

Assets less current liabilities£12k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.46+£12k
20230.48-£3k
20220.03
20210.98
20202.25
20191.08
20181.05

Derived from filed accounts. Not audited figures.