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Quinn Groundworks & Construction Ltd

10734534

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

BRAMINGHAM BUSINESS & CONFERENCE CENTRE, LUTON, LU3 4BU
Incorporated 21/04/2017

Compliance

Last accounts

30/04/2024

medium

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 20/04/2026

Due 04/05/2027

On track

Industry

41201
Construction of commercial buildings
43290
Other construction installation
43999
Specialised construction activities

Officers

Mr Kyle Neville Quinn

director · Since 24/04/2017

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 1 other board

Mr Gary Quinn

director · Since 14/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 5 other boards

Persons with Significant Control

Mr Gary Quinn

Significant control

British · England · Age 53

66 West Hill, Dunstable, LU6 3PW

Notified 21/04/2017

Mr Kyle Neville Quinn

25–50% shares

British · England · Age 32

Unit 13,, Apex Business Park, Dunstable, LU5 4SB

Notified 01/06/2020

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 16/10/2019Registered 17/10/2019
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 19/08/2019Registered 30/08/2019

CompanyRankvs 2710+ SIC 41201 peers
60

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.88× · 16/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 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.

Longevity9/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/04/2024

Turnover

£31.6M

Annual revenue

Net Worth

£7.7M

Balance sheet strength

Cash

£5.3M

Cash in the bank

Profit Before Tax

£3.6M

Bottom line earnings

Net Current Assets

£5.4M

Working capital

Current Assets

£11.5M

Current Liabilities

£6.1M

Fixed Assets

£5.4M

Debtors

£2.5M

Cost of Sales

£24.6M

Gross Profit

£7.0M

Admin Expenses

£3.2M

Operating Profit

£3.8M

Profit After Tax

£2.3M

16avg. employees+4

Tax at Year End

Corp tax£602k
Dividends paid£1.0M

People Costs

Wages & salaries£702k
NI contributions£71k

Balance Sheet

Bank loans & overdrafts£329k
Assets less current liabilities£10.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.88+£2.3M
20231.44+£4.4M
20201.34+£115k
20191.46

Derived from filed accounts. Not audited figures.