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Quidnet Reit Limited

09718143

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 10 outstanding charges (-10)

Details

24 BERKELEY SQUARE, LONDON, LONDON, W1J 6HE
Incorporated 05/08/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Richard James Sunley Tice

director · Since 05/08/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Mr Nicholas John Grove Tribe

director · Since 09/10/2015

NONE

BRITISH · UNITED KINGDOM · Age 60

Also on 13 other boards

Mr John Patrick Purcell

director · Since 24/12/2019

CHARTERED SURVEYOR

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Persons with Significant Control

Mattioli Woods Plc T/A City Trustees

25–50% shares

1, Penman Way, Leicester, LE19 1SY

Reg: 03140521 · Companies House · Limited Company

Notified 06/04/2016

Richard James Sunley Tice

ownership-of-shares-25-to-50-percent-as-firm
Significant control

British · United Kingdom · Age 61

24 Berkeley Square, London, 24 Berkeley Square, London, W1J 6HE

Notified 22/12/2017

Former PSCs

Mr Richard James Sunley Tice

Ceased 22/12/2017

Tisun Investment Limited

Ceased 22/12/2017

Apic Trustees Limited

Ceased 22/12/2017

Charges10 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 04/05/2022Registered 19/05/2022
Charge
outstanding

HANDELSBANKEN PLC

Created 28/02/2022Registered 11/03/2022
Charge
outstanding

HANDELSBANKEN PLC

Created 24/09/2020Registered 09/10/2020
Charge
outstanding

HANDELSBANKEN PLC

Created 11/04/2019Registered 18/04/2019
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 27/06/2018Registered 28/06/2018
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 27/06/2018Registered 28/06/2018
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 27/06/2018Registered 28/06/2018
Charge
outstanding

SVENSKA HANDELBANKEN AB (PUBL)

Created 27/06/2018Registered 28/06/2018
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 22/12/2017Registered 04/01/2018
Charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 29/11/2016Registered 05/12/2016Satisfied 21/10/2022
Charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 29/11/2016Registered 29/11/2016Satisfied 21/10/2022
Charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 03/12/2015Registered 07/12/2015Satisfied 21/10/2022
Charge
outstanding

NATIONWIDE BUILDING SOCIETY

Created 11/11/2015Registered 12/11/2015
Charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 11/11/2015Registered 12/11/2015Satisfied 21/10/2022
Charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 19/10/2015Registered 21/10/2015Satisfied 21/10/2022
Charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 19/10/2015Registered 21/10/2015Satisfied 21/10/2022
Charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 19/10/2015Registered 21/10/2015Satisfied 21/10/2022

CompanyRankvs 18560+ SIC 68209 peers
61

Financial strength100th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.73× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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18560Quidnet Reit Limited
76
How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the directors’ assessment of the Company’s ability to continue to adopt the going concern basis of accounting included: Discussing management’s assessment of the Company’s ability to remain a going concern Review and understanding the cash flow forecasts for the period to February 2025 Assessing and challenging the inputs in and judgements made in the preparation of the cashflow forecasts Perfo

Key FinancialsYear ending 31/12/2024

Net Worth

£18.0M

Balance sheet strength

Cash

£801k

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

£1.4M

Working capital

Current Assets

£3.2M

Current Liabilities

£1.8M

Debtors

£1.6M

Cost of Sales

£360k

Admin Expenses

£219k

Profit After Tax

£971k

3avg. employees

Tax at Year End

Corp tax£268k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.73+£515k
20231.71—

Derived from filed accounts. Not audited figures.