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Qvantum Energy Technology Ltd

14873399

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

OFFICE 10, TUGBY ORCHARDS, TUGBY, LE7 9WE
Incorporated 16/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies
71129
Other engineering activities

Officers

Mr Lars Peter Bierlein

director · Since 16/05/2023

DIRECTOR

SWEDISH · SWEDEN · Age 53

Mr Lars Jesper Jarnhall

director · Since 16/05/2023

DIRECTOR

SWEDISH · SWEDEN · Age 45

Also on 1 other board

Mr Michael John Moggeridge

director · Since 13/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Mr Philip Ord

director · Since 09/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Former PSCs

Qvantum Industries Ab

Ceased 10/04/2024

CompanyRankvs 1781+ SIC 46740 peers
38

Financial strength11th percentile among SIC peers · 3/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.6× · 16/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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.

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

-£6k

Balance sheet strength

Cash

£175k

Cash in the bank

Net Current Assets

£237k

Working capital

Current Assets

£634k

Current Liabilities

£397k

Fixed Assets

£24k

Debtors

£68k

5avg. employees

Tax at Year End

Corp tax£1k

Balance Sheet

Assets less current liabilities£261k
Signed by Mr P Ord 18/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.60
20230.99

Derived from filed accounts. Not audited figures.