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Quartet Foods Limited

15836861

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

38 ARBORETUM ROAD, WALSALL, WS1 2QH
Incorporated 13/07/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Usman Ahmed Saddiqui

director · Since 07/05/2025

DIRECTOR

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Mr Usman Ahmed Saddiqui

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

British · England · Age 33

91, Soho Hill, Birmingham, B19 1AY

Notified 13/07/2024

Charges1 outstanding

Charge
outstanding

FIRST FAIRMONT HOLDINGS LIMITED

Created 28/10/2025Registered 03/11/2025

CompanyRankvs 22154+ SIC 56102 peers
20

Financial strength28th percentile among SIC peers · 7/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees4/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2025

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£9k

Current Liabilities

£19k

Fixed Assets

£9k

1avg. employees

Balance Sheet

Assets less current liabilities-£1k
Signed by Mr Usman Saddiqui 17/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.47

Derived from filed accounts. Not audited figures.