Quidich Innovation Labs Limited
14541081
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 13/12/2025
Due 27/12/2026
Industry
Officers
CompanyRankvs 3030+ SIC 60200 peers20
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
or conditions, along with the other matters as set forth in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. The ability of the Company to meet its obligation for the foreseeable future is dependent on the performance of the Company as well as continuous financial support from its parent Compa
Key FinancialsYear ending 31/03/2025
Net Worth
-£22k
Balance sheet strength
Cash
£32k
Cash in the bank
Net Current Assets
-£22k
Working capital
Current Assets
£35k
Current Liabilities
£57k
Debtors
£3k
Profit After Tax
-£23k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.62 |
| 2024 | 0.72 |
Derived from filed accounts. Not audited figures.