Back to search

Qgems Energy Ltd

13684666

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

BUILDING 5 AIRPORT FREIGHTWAY, NEWCASTLE UPON TYNE, NE13 8BH
Incorporated 18/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63990
Other information service activities

Officers

Mr Nigel Walker

director · Since 04/02/2022

NONE

BRITISH · UNITED KINGDOM · Age 62

Also on 17 other boards

Mr Gordon Winston

director · Since 25/03/2024

CEO

AMERICAN · UNITED STATES · Age 59

Persons with Significant Control

Qsecgrid Inc.

75–100% shares
75–100% votes

485 Madison Avenue, 9th Floor, New York

Reg: 6616788 · Delaware · Delaware C Corporation

Notified 22/03/2024

Former PSCs

Ideanomics, Inc

Ceased 22/03/2024

Mr Gordon Winston

Ceased 22/03/2024

CompanyRankvs 12711+ SIC 63990 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees15/15 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.

Longevity5/15 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

-£644k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

-£659k

Working capital

Current Assets

£267k

Current Liabilities

£925k

Fixed Assets

£15k

Debtors

£242k

11avg. employees

Balance Sheet

Assets less current liabilities-£644k
Signed by 2023-11-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.29-£739k
20231.92+£38k
20221.02

Derived from filed accounts. Not audited figures.