Back to search

Quality Decorating Company Limited

09605946

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

BUILDING 18, GATEWAY 1000 ARLINGTON BUSINESS PARK, STEVENAGE, SG1 2FP
Incorporated 22/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Russell Cannon

director · Since 22/05/2015

DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr Russell Cannon

25–50% shares
25–50% votes
Appoint directors

British · England · Age 60

Building 18, Gateway 1000, Arlington Business Park, Stevenage, SG1 2FP

Notified 06/04/2016

Mrs Sharon Cannon

25–50% shares
25–50% votes
Appoint directors

British · England · Age 53

Building 18, Gateway 1000, Arlington Business Park, Stevenage, SG1 2FP

Notified 22/05/2017

CompanyRankvs 8522+ SIC 43341 peers
28

Financial strength4th percentile among SIC peers · 1/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Standage & Co. Limited
90
2George Jones & Son (Contractors) Limited
90
3S P Smith Painting Contractors Limited
90
4F H Harvey Uk Limited
90
5Broadland Windows Limited
90
6Cousins Limited
90
7C.L.C. Contractors Limited
90
8Southgrove Painting Contractors Limited
90
9Vellacine Limited
90
10Vale Decorators Uk Limited
90
8522Quality Decorating Company Limited
38
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.

Employees9/15 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.

Longevity11/15 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

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

cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/05/2025

Net Worth

-£20k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£4k

Current Liabilities

£26k

Fixed Assets

£4k

Debtors

£8k

2avg. employees

Balance Sheet

Bank loans & overdrafts£1k
Assets less current liabilities-£18k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.15-£561
20240.36+£9k
20230.27+£3k
20220.39-£59k
20211.66+£16k
20201.38+£4k
20190.79+£2k
20180.63—

Derived from filed accounts. Not audited figures.