Quality Way Ltd
10097826
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
31/05/2027
Confirmation statement
Last: 21/09/2025
Due 05/10/2026
Industry
Officers
director · Since 01/04/2016
MANAGER
BRITISH · ENGLAND · Age 59
Also on 2 other boards
director · Since 21/09/2018
MANAGER
AMERICAN · UNITED KINGDOM · Age 41
Also on 2 other boards
Persons with Significant Control
Mr Abdul Azim Masjidi
British · England · Age 59
48 Bilton Road, Bilton Road, Greenford, UB6 7DH
Notified 01/01/2017
Change History
Active
Private Limited Company
142 JOHNSON STREET
SOUTHALL
CompanyRankvs 3115+ SIC 96090 peers83
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2025
Net Worth
£396k
Balance sheet strength
Cash
£41k
Cash in the bank
Net Current Assets
£480k
Working capital
Current Assets
£539k
Current Liabilities
£59k
Fixed Assets
£6k
Debtors
£36k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 9.09 | -£29k | £111k |
| 2024 | 4.71 | -£423 | £59k |
| 2023 | 4.38 | — | £61k |
Derived from filed accounts. Not audited figures.