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Quickwash Services Ltd

11380299

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)
  • Current liabilities exceed current assets (-10)

Details

2 DUNBLANE ROAD, LONDON, SE9 6RS
Incorporated 24/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96010
Washing and (dry-)cleaning of textile and fur products
96090
Other personal service activities

Officers

Mr Olutunde Olojede

director · Since 24/05/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 5 other boards

Mrs Felicia Akinwumi

director · Since 30/09/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 5 other boards

Persons with Significant Control

Mr Olutunde Olojede

25–50% shares
25–50% votes

British · United Kingdom · Age 58

2 Dunblane Road, Eltham, London, SE9 6RS

Notified 24/05/2018

Mrs Felicia Akinwumi

25–50% shares
25–50% votes

British · United Kingdom · Age 59

2 Dunblane Road, Eltham, London, SE9 6RS

Notified 24/05/2018

CompanyRankvs 2506+ SIC 96010 peers
36

Financial strength2th percentile among SIC peers · 1/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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2506Quickwash Services Ltd
36
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.

Employees10/15 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 31/05/2025

Net Worth

-£134k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£153k

Working capital

Current Assets

£1k

Current Liabilities

£154k

Fixed Assets

£20k

Debtors

£837

3avg. employees

Balance Sheet

Bank loans & overdrafts£410
Assets less current liabilities-£133k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£0
20250.01-£16k
20240.01-£12k
20230.01-£23k
2022—-£25k
2021—-£26k
2020—-£18k

Derived from filed accounts. Not audited figures.