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Cash

£4.4M

+170.2% highest in 4 filed years

Net assets

£59M

+217.9% highest in 4 filed years

Employees

334

+33.1% highest in 4 filed years

Profit before tax

-£38M

-14.4% vs 2023

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2019-11-302020-11-302023-12-312024-12-31 Δ vs prior
Turnover £2,992,000£3,861,000 +29%
Operating profit -£28,770,000-£33,059,000 -14.9%
Profit before tax -£33,193,000-£37,960,000 -14.4%
Net profit -£33,193,000-£37,960,000 -14.4%
Cash £362,304£259,472£1,635,000£4,417,000 +170.2%
Total assets less current liabilities £1,053,354£804,739£64,791,000£120,385,000 +85.8%
Net assets £857,928£600,164-£49,761,000£58,662,000 +217.9%
Equity £857,928£600,164-£49,761,000£58,662,000 +217.9%
Average employees 3330251334 +33.1%
Wages £11,175,000£14,798,000 +32.4%
Directors' remuneration £667,000£701,000 +5.1%

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 . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-11-302020-11-302023-12-312024-12-31
Return on capital employed -44.4%-27.5%
Gearing (liabilities / total assets) 157.6%62.5%
Current ratio 0.64x0.60x
Interest cover -6.74x-6.42x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 2 times since incorporation

  1. QUICKLINE COMMUNICATIONS LIMITED 2007-09-26 → present
  2. QUICKLINE LOGISTICS LIMITED 2005-05-27 → 2007-09-26
  3. QUICKLIME LIMITED 2004-02-04 → 2005-05-27

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have prepared long-term cash flow forecasts for the Company and, based on these, have a reasonable expectation that the Company has adequate resources to continue for a period of at least 12 months from the date of approval of these financial statements.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

8 active · 19 resigned

Name Role Appointed Born Nationality
BOWDEN, Mark Garry Director 2025-10-20 Aug 1975 British
CICIRETTO, Tony Director 2021-09-01 Jun 1958 Canadian
COOK, Martin Director 2025-10-20 Sep 1985 British
GADSBY, Roderick John Director 2021-06-10 May 1969 British
HOWARD, Paul Arthur Director 2019-08-05 Jan 1969 British
JARLEGANT, Thibault Antoine Director 2023-03-30 Jun 1985 French
STANSFELD, Mark Andrew Director 2021-09-01 Mar 1960 British
WATERS, Frank Vincent Director 2020-10-06 Jun 1965 British
Show 19 resigned officers
Name Role Appointed Resigned
HARRIS, Deborah Secretary 2004-02-04 2007-09-20
JAGGER, Rachel Secretary 2013-08-21 2017-08-17
JAGGER, Steven Michael Secretary 2007-09-20 2013-08-21
UKF SECRETARIES LIMITED Corporate Secretary 2004-02-04 2004-02-04
BOLAN, Stephen Charles Director 2014-08-13 2016-04-29
CLIFTON, Simon Director 2019-08-05 2020-10-06
DRINKALL, Kevin Martin Director 2014-06-10 2015-05-01
FAIREY, Michael Craig Director 2023-01-24 2025-06-13
HARRIS, Anthony Paul Director 2004-02-04 2007-09-20
JAGGER, Rachel Jane Director 2015-06-16 2017-08-17
JAGGER, Steven Michael Director 2007-09-20 2022-02-15
LAWN, Gaynor Marie Director 2012-01-01 2013-08-21
MADAN, Kriti Director 2021-06-10 2022-04-08
MIDDLETON, Julie Louise Director 2020-10-15 2022-01-24
ROYCE, Sean Michael Director 2021-05-19 2025-10-20
STURM, Timothy James Director 2019-08-05 2021-06-10
WALWYN, Andrew Roy Director 2017-08-17 2019-08-05
WATERS, Frank Vincent Director 2017-08-17 2019-08-05
UKF NOMINEES LIMITED Corporate Director 2004-02-04 2004-02-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Qcl Holdings Limited Corporate entity Shares 75–100%, Voting 75–100% 2020-06-29 Active
Satellite Solutions Worldwide Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-08-17 Ceased 2020-06-20
Mr Steven Michael Jagger Individual Shares 75–100%, Voting 75–100% 2016-04-06 Ceased 2017-08-17

Filing timeline

Last 20 of 137 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-08-06 RESOLUTIONS Resolution
  • 2024-08-06 MA Memorandum articles
Date Type Category Description
2026-02-04 CS01 confirmation-statement Confirmation statement with updates PDF
2025-11-03 AP01 officers Appoint person director company with name date PDF
2025-11-03 AP01 officers Appoint person director company with name date PDF
2025-11-03 TM01 officers Termination director company with name termination date PDF
2025-10-02 AA accounts Accounts with accounts type full
2025-06-16 TM01 officers Termination director company with name termination date PDF
2025-02-04 CS01 confirmation-statement Confirmation statement with updates PDF
2025-02-04 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-09-12 AA accounts Accounts with accounts type full
2024-08-06 RESOLUTIONS resolution Resolution
2024-08-06 MA incorporation Memorandum articles
2024-08-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-07-04 SH01 capital Capital allotment shares PDF
2024-04-15 CH01 officers Change person director company with change date PDF
2024-02-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-13 AA accounts Accounts with accounts type full
2023-04-19 AP01 officers Appoint person director company with name date PDF
2023-02-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-02-08 AP01 officers Appoint person director company with name date PDF
2023-01-05 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
1

last 24 months

Officers appointed
2

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page