Company Overview
Quality Lawyers Nationwide Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 14 March 2014, so this is a well established company. Quality Lawyers Nationwide Ltd has been in business for 12 years. The accounts status is micro entity and the accounts are next due on Sunday 31 December 2023.
Registered Address

1 St Floor 290 Manchester Street, Oldham, Lances, OL9 6HB
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Companies House Data
Company NameQUALITY LAWYERS NATIONWIDE LTD
Company Number08939532
Registered Office Address1 St Floor 290 Manchester Street
 OL9 6HB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/03/2014
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2023
Accounts Last Made Up Date31/03/2022
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date11/04/2017
Returns Last Made Up Date14/03/2016
Directors & Members
Show Resigned
Michael Young - Director
(British, 56 years old, born November 1970)
Appointed 06 December 2019
 Active
Secretaries
Show Resigned
Michael Young - Secretary
Appointed 06 December 2019
 Active
Other Company Directorships
Michael Young
ALPHA DYNAMIX LIMITED
COMPLETE ACCOUNTING SERVICES (NE) LIMITED
SIZZLING BITES LTD
SLEEP EASY SWANSEA LIMITED
ST MARY'S STREET LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2021 31-Mar-2020
Balance Sheet
Fixed Assets 600 950 1,300
Current Assets 150 24,850 4,200
Creditors Due Within One Year 0 5,050 -1,272
Working Cap 150 19,800 5,472
Total Assets Less Current Liabilities 750 20,750 6,772
Long-term Liabilities 700 800 3,602
Net Assets 50 19,950 3,170
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 50 19,950 3,170
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2021 31-Mar-2020
Tangible Fixed Assets - - -
Fixed Assets 80.0% 3.7% 23.6%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 20.0% 96.3% 76.4%
Creditors Due Within One Year 0.0% 19.6% -23.1%
Net Current Assets Liabilities 20.0% 76.7% 99.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 6.7% 77.3% 57.6%
Capital Employed - - -
Total Assets Less Current Liabilities 100.0% 80.4% 123.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2021 31-Mar-2020
Liquidity Ratio 150.0 4.9 -3.3
Solvency Ratio 1.1 4.4 2.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2021 31-Mar-2020
Assets 750 25,800 5,500
Debt 700 5,850 2,330
Net Assets/Debt 50 19,950 3,170
The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
Confirmation statement made on 17 July 2023 with no updates
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
Confirmation statement made on 17 July 2022 with updates
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
Confirmation statement made on 17 July 2021 with no updates
First Gazette notice for compulsory strike-off
Change of details for Mr Michael Young as a person with significant control on 27 July 2021
Notification of Michael Young as a person with significant control on 14 December 2019
Confirmation statement made on 17 July 2020 with updates
Appointment of Mr Michael Young as a secretary on 6 December 2019
Appointment of Mr Michael Young as a director on 6 December 2019
Termination of appointment of Michael Young as a director on 6 December 2019
Cessation of Michael Young as a person with significant control on 6 December 2019
Director's details changed for Mr Michael Joseph Young on 6 December 2019
Change of details for Mr Michael Joseph Young as a person with significant control on 6 December 2019
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