Quality Vapes Ltd
13195916
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Ian John Radich
British · England · Age 46
34b, Tynemouth Road, Wallsend, NE28 0LF
Notified 11/02/2021
Former PSCs
Miss Elizabeth Irwin
Ceased 29/03/2022
CompanyRankvs 696+ SIC 47260 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
£17k
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
£7k
Working capital
Current Assets
£31k
Current Liabilities
£24k
Fixed Assets
£10k
Debtors
£20k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 1.30 | -£492 | £71k |
| 2024 | 1.19 | +£9k | £54k |
| 2023 | 0.44 | +£17k | — |
| 2022 | 0.30 | — | — |
Derived from filed accounts. Not audited figures.