Qio Technologies Ltd
09368431
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2025
group
Next accounts due
30/09/2027
Confirmation statement
Last: 29/12/2025
Due 12/01/2027
Industry
Officers
secretary · Since 11/04/2025
Former
director · Resigned 30/01/2015
director · Resigned 29/06/2022
secretary · Resigned 13/07/2023
director · Resigned 01/11/2023
director · Resigned 15/12/2023
director · Resigned 21/12/2023
secretary · Resigned 03/03/2025
director · Resigned 03/03/2025
Persons with Significant Control
Wave Equity Fund Iii, Lp
Notified 20/10/2023
Former PSCs
Mr Bharat Asna Khuti
Ceased 23/12/2022
Change History
Active
Private Limited Company
ONE
EGHAM
CompanyRankvs 47591+ SIC 62012 peers22
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
The directors have a track record of successfully raising funds from both new and existing shareholders. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis, while acknowledging that a material uncertainty exists regarding the success, scale, and timing of future fundraising. Page 4 QIO TECHNOLOGIES LTD NOTES TO THE FINANCIAL STATEMENTS F
Key FinancialsYear ending 31/12/2025
Net Worth
-£8.7M
Balance sheet strength
Cash
£18k
Cash in the bank
Net Current Assets
-£3.7M
Working capital
Current Assets
£630k
Current Liabilities
£4.3M
Fixed Assets
£23k
Debtors
£612k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.15 | -£2.6M |
| 2024 | 0.32 | -£4.4M |
| 2023 | 1.90 | — |
Derived from filed accounts. Not audited figures.