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The Qualis Collection Limited

12924636

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

BURNSIDE HOUSE, MIDDLESBROUGH, TS3 8AG
Incorporated 03/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47520
Retail sale of hardware, paints and glass in specialised stores

Officers

Mr Joseph William Nicholson

director · Since 03/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 1 other board

Persons with Significant Control

Mr Joseph William Nicholson

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

British · England · Age 30

Burnside House, Cambridge Road, Middlesbrough, TS3 8AG

Notified 03/10/2020

Former PSCs

Mr David Michael Nicholson

Ceased 15/12/2020

Mrs Moira Anne Nicholson

Ceased 12/09/2025

CompanyRankvs 875+ SIC 47520 peers
66

Financial strength74th percentile among SIC peers · 19/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.24× · 20/20
Longevity6 years trading (max 15) · 6/15
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.

Employees6/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£121k

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

£107k

Working capital

Current Assets

£155k

Current Liabilities

£48k

Fixed Assets

£46k

Debtors

£52k

2avg. employees+1

Balance Sheet

Assets less current liabilities£154k
Signed by Mr Joseph Nicholson 21st February 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.24+£31k
20232.59
20222.53
20211.53

Derived from filed accounts. Not audited figures.