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Zapp Group Limited

13025451

active
ltd
england wales
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

3rd Floor 1 Ashley Road, Altrincham, WA14 2DT
Incorporated 17/11/2020

Previously known as

Quick Commerce Ltd · until 12/05/2026

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/07/2025

Due 13/08/2026

Overdue

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Navid Hadzaad

director · Since 17/11/2020

DIRECTOR

GERMAN · ENGLAND · Age 37

Oakwood Corporate Secretary Limited

secretary · Since 09/05/2026

BRITISH

Also on 2749 other boards

Navid Hadzaad

director · Since 17/11/2020

German · England · Age 37

David Dorfman

director · Since 09/02/2023

American · United States · Age 55

Oakwood Corporate Secretary Limited

corporate secretary · Since 09/05/2026

Reg: 07038430

Also on 2749 other boards

Former

Rytis Vitkauskas

director · Resigned 05/08/2022

Joseph Falter

director · Resigned 31/03/2023

Paul William Murphy

director · Resigned 28/03/2024

Cc Secretaries Limited

corporate secretary · Resigned 30/04/2026

Mr David Dorfman

director · Resigned 10/07/2026

Persons with Significant Control

Former PSCs

Mr Joseph Falter

Ceased 20/12/2020

Mr Navid Hadzaad

Ceased 24/03/2021

Charges4 outstanding

Charge
outstanding

TRIPLEPOINT VENTURE GROWTH BDC CORP. (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED I

Created 02/03/2026Registered 03/03/2026
Charge
outstanding

TRIPLEPOINT VENTURE GROWTH BDC CORP. (AS COLLATERAL AGENT)

Created 05/04/2024Registered 10/04/2024
Charge
satisfied

HSBC INNOVATION BANKING

Created 02/08/2023Registered 22/08/2023Satisfied 18/11/2025
Charge
satisfied

HSBC INNOVATION BANKING

Created 02/08/2023Registered 18/08/2023Satisfied 18/11/2025
Charge
outstanding

TRIPLEPOINT VENTURE GROWTH BDC CORP. AS COLLATERAL AGENT

Created 09/02/2023Registered 15/02/2023
Charge
outstanding

TRIPLEPOINT VENTURE GROWTH BDC CORP., AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED I

Created 04/05/2022Registered 06/05/2022
Charge
satisfied

SILICON VALLEY BANK

Created 29/04/2022Registered 04/05/2022Satisfied 23/08/2022
Charge
satisfied

SILICON VALLEY BANK

Created 29/04/2022Registered 04/05/2022Satisfied 23/08/2023
Charge
satisfied

SILICON VALLEY BANK

Created 29/04/2022Registered 04/05/2022Satisfied 23/08/2023
Charge
satisfied

SILICON VALLEY BANK AS COLLATERAL AGENT

Created 10/08/2021Registered 12/08/2021Satisfied 06/05/2022

Change History

statusactive
2026-07-15

Active

nameZAPP GROUP LIMITED
2026-07-15

QUICK COMMERCE LTD

typeltd
2026-07-15

Private Limited Company

address line13rd Floor 1 Ashley Road
2026-07-15

1ST FLOOR

post townAltrincham
2026-07-15

SEVENOAKS

postcodeWA14 2DT
2026-07-15

TN13 1YL

CompanyRankvs 59509+ SIC 47910 peers
16

Financial strength0th percentile among SIC peers · 0/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.11× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

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

Liquidity12/20 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

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

Group's revenue growth, transformed balance sheet, and the support of its investors and funding partners, the Directors are confident it remains appropriate to prepare the financial statements on a going concern basis. The Directors acknowledge, however, that the potential requirement to secure additional funding under a downside scenario represents a material uncertainty that may cast significa

Key FinancialsYear ending 31/12/2024

Net Worth

-£23.2M

Balance sheet strength

Cash

£4.8M

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£12.0M

Current Liabilities

£10.8M

Fixed Assets

£1.3M

Debtors

£3.9M

Profit After Tax

-£48.8M

0avg. employees

Balance Sheet

Bank loans & overdrafts£4.1M
Assets less current liabilities£2.5M
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent Ratio
20241.11

Derived from filed accounts. Not audited figures.