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Qitele (Europe) Co., Ltd

15144592

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)
  • Current liabilities exceed current assets (-10)

Details

UNIT B10, BIZSPACE, 551/553 WALLISDOWN ROAD, BH12 5AG
Incorporated 18/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment
46900
Non-specialised wholesale trade
47990
Other retail sale not in stores, stalls or markets
93130
Fitness facilities

Officers

Mr Hing Fai Lui

director · Since 18/09/2023

COMMERCIAL DIRECTOR

CHINESE · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Jinfei Zhang

25–50% shares
25–50% votes

Chinese · China · Age 60

Unit B10, Bizspace, Discovery Court Business Centre, 551/553 Wallisdown Road, BH12 5AG

Notified 09/04/2024

Former PSCs

Mr Hing Fai Lui

Ceased 09/04/2024

CompanyRankvs 2400+ SIC 46690 peers
48

Financial strength2th percentile among SIC peers · 1/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 829.81× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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2400Qitele (Europe) Co., Ltd
47
How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2025

Net Worth

-£240k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£481k

Working capital

Current Assets

£481k

Current Liabilities

£580

Fixed Assets

£100k

2avg. employees

Balance Sheet

Assets less current liabilities£581k
Signed by Mr Hing Lui 24 June 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025829.81-£149k
2024847.21—

Derived from filed accounts. Not audited figures.