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Qr Development Ltd

12645254

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

7 BEDLAM MEWS, LONDON, SE11 6DF
Incorporated 04/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41201
Construction of commercial buildings
41202
Construction of domestic buildings
42990
Construction of other civil engineering projects

Officers

Mr Cumhur Kantarci

secretary · Since 04/06/2020

Also on 1 other board

Mr Cumhur Kantarci

director · Since 04/06/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Knt Development Ltd

75–100% shares
75–100% votes
Appoint directors

4 Bedlam Mews, 4 Bedlam Mews, London, SE11 6DF

Reg: 11427159 · United Kingdom · Ltd

Notified 01/04/2021

Former PSCs

Mr Cumhur Kantarci

Ceased 20/05/2026

Charges4 outstanding

Charge
outstanding

GB BANK LIMITED

Created 02/12/2025Registered 08/12/2025
Charge
outstanding

GB BANK LIMITED

Created 02/12/2025Registered 08/12/2025
Charge
outstanding

WEST ONE DEVELOPMENT FINANCE LIMITED

Created 06/12/2023Registered 15/12/2023
Charge
outstanding

WEST ONE DEVELOPMENT FINANCE LIMITED

Created 06/12/2023Registered 15/12/2023
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 09/12/2022Registered 12/12/2022Satisfied 27/11/2025
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 09/12/2022Registered 12/12/2022Satisfied 27/11/2025

CompanyRankvs 47198+ SIC 41100 peers
34

Financial strength2th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 14.78× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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47198Qr Development Ltd
44
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.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£410k

Balance sheet strength

Cash

£94k

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.0M

Current Liabilities

£136k

Debtors

£112k

0avg. employees

Balance Sheet

Assets less current liabilities£1.9M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202514.78-£185k
20241.49—
20230.90—
20220.00—
20210.17—

Derived from filed accounts. Not audited figures.