Quality Clouds Ltd
09522753
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 01/04/2026
Due 15/04/2027
Industry
Officers
Persons with Significant Control
Former PSCs
Mr Albert Franquesa Ribe
Ceased 04/05/2022
Charges0 outstanding
FUNDSQUIRE LIMITED
CompanyRankvs 29841+ SIC 62090 peers39
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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
of particular transactions, other events and conditions on the entity's financial position and financial performance; and make an assessment of the company's ability to continue as a going concern. In preparing the parent company financial statements, the directors are required to: select suitable accounting policies and then apply them consistently; make judgements and acc
Key FinancialsYear ending 31/12/2024
Net Worth
£3
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
—
Debtors
£666k
Cost of Sales
£313k
Admin Expenses
£6.7M
Profit After Tax
-£3.9M
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2019 | 6.82 | +£643k |
| 2018 | 0.52 | — |
Derived from filed accounts. Not audited figures.