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Q Drive Solutions Ltd

14340634

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)
  • Negative net worth (-10)

Details

7 ACHESON ROAD, BIRMINGHAM, B28 0TU
Incorporated 06/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49100
Passenger rail transport, interurban
49390
Other passenger land transport

CompanyRankvs 2630+ SIC 49100 peers
33

Financial strength6th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 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.

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 30/09/2024

Net Worth

-£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£49k

Current Liabilities

£38k

Fixed Assets

£90k

Balance Sheet

Assets less current liabilities£106k
Signed by Mr Iqbal Shareen Khan 30 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.29+£25k
20231.57

Derived from filed accounts. Not audited figures.