Qefc C.I.C.
14541888
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 13/12/2025
Due 27/12/2026
Industry
Officers
Persons with Significant Control
Mr Essein Romuald Foba
Ivorian · England · Age 27
41, Fallowfield, Cambridge, CB4 1PD
Notified 14/12/2022
CompanyRankvs 3606+ SIC 93120 peers43
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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
Other accounting policies The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate. QEFC C.I.C. Notes to the Financial Statements for the Period Ended 31 December 2024 2. Employees 2024 13 months to 31 December 2023
Key FinancialsYear ending 31/12/2024
Turnover
£37k
Annual revenue
Net Worth
-£10k
Balance sheet strength
Cash
£5k
Cash in the bank
Profit Before Tax
-£10k
Bottom line earnings
Net Current Assets
£5k
Working capital
Current Assets
£5k
Current Liabilities
£580
Cost of Sales
£31k
Gross Profit
£6k
Admin Expenses
£4k
Operating Profit
-£10k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 8.53 |
| 2023 | 12.89 |
Derived from filed accounts. Not audited figures.