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Quality Gifts Ltd

15376007

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

111 RICO HOUSE GEORGE STREET, MANCHESTER, M25 9WS
Incorporated 29/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Joseph Schwinger

director · Since 28/12/2025

BRITISH · ENGLAND · Age 35

Also on 8 other boards

Persons with Significant Control

Mr Joseph Schwinger

75–100% shares
75–100% votes
Appoint directors

British · England · Age 35

111 Rico House, George Street, Manchester, M25 9WS

Notified 28/12/2025

Former PSCs

Mr Isaac Abittan

Ceased 28/12/2025

CompanyRankvs 73175+ SIC 47910 peers
31

Financial strength17th percentile among SIC peers · 4/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees8/15 pts

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

Liquidity2/20 pts

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

Longevity2/15 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 31/12/2024

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£1k

Current Liabilities

£15k

Fixed Assets

£11k

1avg. employees

Balance Sheet

Assets less current liabilities-£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.08

Derived from filed accounts. Not audited figures.