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Qco Ltd

14328108

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

23 WILLOW FOLD, MANCHESTER, M43 7BY
Incorporated 31/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Michael Quinn

director · Since 31/08/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Michael Quinn

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

British · England · Age 47

23, Willow Fold, Manchester, M43 7BY

Notified 31/08/2022

Former PSCs

Mr Noel Simon Corry

Ceased 24/09/2024

CompanyRankvs 19485+ SIC 43999 peers
58

Financial strength71th percentile among SIC peers · 18/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 5.06× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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19485Qco Ltd
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How is this score calculated?
Financial strength18/25 pts

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

Employees1/15 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.

Longevity4/15 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 31/08/2024

Net Worth

£33k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£41k

Current Liabilities

£8k

0avg. employees

Balance Sheet

Assets less current liabilities£33k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.06+£23k
20234.76—

Derived from filed accounts. Not audited figures.