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Qutone Venturescera Ltd

11317967

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT-3, WEMBLEY, HA0 1JW
Incorporated 19/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46499
46499
47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47190
Other retail sale in non-specialised stores
47810
Retail sale via stalls and markets of food, beverages and tobacco products

Officers

Mr Mrugesh Chudasama

director · Since 19/04/2018

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Mr Maulikkumar Ashokbhai Patel

director · Since 15/03/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 7 other boards

Persons with Significant Control

Mr Mrugesh Chudasama

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

British · United Kingdom · Age 46

Unit-3, 255 Water Road, Wembley, HA0 1JW

Notified 19/04/2018

Mr Maulikkumar Ashokbhai Patel

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

British · England · Age 45

Unit-3, 255 Water Road, Wembley, HA0 1JW

Notified 25/03/2022

CompanyRankvs 1416+ SIC 46499 peers
58

Financial strength77th percentile among SIC peers · 19/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 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.

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.

Longevity8/15 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.

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

Key FinancialsYear ending 31/10/2023

Net Worth

£50k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£326k

Working capital

Current Assets

£141k

Current Liabilities

£467k

Fixed Assets

£409k

Debtors

£400

9avg. employees-1

Balance Sheet

Assets less current liabilities£84k
Signed by Mr Mrugesh Chudasama 14th June 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.30+£27k
20220.26+£19k
20211.04-£642
20201.07+£2k
20190.98—

Derived from filed accounts. Not audited figures.