QUALITY PART X LIMITED
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Cash
£492K
Latest balance sheet
Net assets
£6.4M
highest in 6 filed years
Employees
21
highest in 6 filed years
Profit before tax
£698K
Period ending 2025-03-31
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £56,688,268 | £70,183,685 | £70,965,635 | £102,699,795 | £73,787,236 | — | |
| Operating profit | — | £923,274 | £1,359,194 | £1,492,440 | £295,740 | £768,773 | — | |
| Profit before tax | — | £859,415 | £1,272,262 | £1,368,825 | £131,250 | £698,117 | — | |
| Net profit | £777,726 | £731,220 | £1,093,605 | £1,167,000 | £56,707 | £476,260 | — | |
| Cash | £283,430 | £770,064 | £379,574 | £1,244,744 | £1,163,045 | £491,831 | — | |
| Total assets less current liabilities | £3,974,003 | £6,293,550 | £6,552,047 | £7,304,815 | £5,950,561 | £6,426,821 | — | |
| Net assets | £2,902,029 | £3,633,249 | £4,726,854 | £5,893,854 | £5,950,561 | £6,426,821 | — | |
| Equity | £2,902,029 | £3,633,249 | £4,726,854 | £5,893,854 | £5,950,561 | £6,426,821 | — | |
| Average employees | 15 | 13 | 16 | 16 | 18 | 21 | — | |
| Wages | — | £459,845 | £627,646 | £638,416 | £925,369 | £803,418 | — | |
| Directors' remuneration | £42,195 | £42,196 | £42,196 | £72,192 | £90,240 | £71,094 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 15 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 1.6% | 1.9% | 2.1% | 0.3% | 1.0% | |
| Net margin | — | 1.3% | 1.6% | 1.6% | 0.1% | 0.6% | |
| Return on capital employed | — | 14.7% | 20.7% | 20.4% | 5.0% | 12.0% | |
| Current ratio | — | — | — | 1.29x | 1.32x | 1.40x | |
| Interest cover | — | 14.46x | 15.64x | 12.07x | 1.80x | 10.88x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Auditor
- TC Group
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AFFOURY, Bassel Osama | Director | 2013-05-22 | Sep 1980 | British |
| ALI ABADI FARAHANI, Mehdi | Director | 2026-01-27 | Sep 1980 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FARAHANI, Mahdi | Director | 2015-03-01 | 2022-10-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Mahdi Farahani | Individual | Voting 25–50% | 2016-04-06 | Active |
| Mr Bassel Osama Affoury | Individual | Shares 50–75%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 46 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-29 | AA | accounts | Accounts with accounts type full | |
| 2026-03-31 | AA01 | accounts | Change account reference date company current shortened | |
| 2026-01-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-31 | AA | accounts | Accounts with accounts type full | |
| 2024-10-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-04 | AA01 | accounts | Change account reference date company previous extended | |
| 2023-12-27 | AA | accounts | Accounts with accounts type full | |
| 2023-11-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-24 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-24 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-25 | AA | accounts | Accounts with accounts type full | |
| 2021-11-12 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-11-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-14 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-11 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-09-28 | AA01 | accounts | Change account reference date company previous shortened |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.