PRODUCTIONQUEST LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-11 (in 10mo)
Last made up 2026-02-25
Watchouts
Cash
—
Latest balance sheet
Net assets
£69M
+9.8% vs 2023
Employees
—
Average over period
Profit before tax
£8M
-20.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
During 2024, the Company has taken the decision to cease trading. The directors do not intend to seek an alternative trade. The financial statements have been prepared on a basis other than that of going concern.
Name history
Renamed 1 time since incorporation
- PRODUCTIONQUEST LIMITED 2006-06-23 → present
- QUANTX WELLBORE INSTRUMENTATION LIMITED 2003-03-25 → 2006-06-23
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £36,183,099 | £7,937,732 | |
| Operating profit | £1,029,652 | £552,261 | |
| Profit before tax | £9,970,348 | £7,908,821 | |
| Net profit | £7,770,941 | £6,146,775 | |
| Cash | — | — | |
| Total assets less current liabilities | £62,674,574 | £68,821,349 | |
| Net assets | £62,674,574 | £68,821,349 | |
| Equity | £62,674,574 | £68,821,349 | |
| Average employees | 2 | — | |
| Wages | £106,004 | £8,154 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.8% | 7.0% | |
| Net margin | 21.5% | 77.4% | |
| Return on capital employed | 1.6% | 0.8% | |
| Current ratio | 2.15x | 2.30x | |
| Interest cover | 694.30x | 3.45x |
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
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“During 2024, the Company has taken the decision to cease trading. The directors do not intend to seek an alternative trade. The financial statements have been prepared on a basis other than that of going concern.”
Significant events
- “During the year, the Company has taken the decision to cease trading, resulting in the decreased trading activities referenced in the financial statements. The directors do not intend to seek an alternative trade.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUNLOP, Lorraine Amanda | Secretary | 2016-08-11 | — | — |
| BALDINI, Valentina | Director | 2022-09-06 | Jan 1979 | Italian |
| FIRMANI, David Vincent | Director | 2024-09-06 | May 1971 | Italian |
| MOORE, Steven | Director | 2022-09-06 | Feb 1971 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAND, Anthony Michael | Secretary | 2003-03-25 | 2005-11-14 |
| KLASSEN, Jenni Therese | Secretary | 2014-07-01 | 2016-08-11 |
| SHEILS, Dominic Ciaran | Secretary | 2005-11-29 | 2007-04-02 |
| STOKES, Paul Bryan | Secretary | 2007-04-02 | 2014-07-01 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2003-03-25 | 2003-03-25 |
| AINGER, Colin Peter | Director | 2003-03-25 | 2005-11-14 |
| ASQUITH, Christopher | Director | 2008-07-18 | 2016-04-26 |
| BERGER, Ronald Joseph | Director | 2003-06-30 | 2004-11-02 |
| GORDON, Glenn | Director | 2004-11-02 | 2006-05-01 |
| LICHTE, Rudiger | Director | 2003-04-01 | 2008-07-18 |
| MACINDOE, Stewart Mackay | Director | 2006-05-01 | 2011-06-02 |
| MAKRAM-EBEID, Alexandre | Director | 2019-03-26 | 2022-09-06 |
| MARTINDALE, Michael John | Director | 2003-10-31 | 2005-11-14 |
| MAYS, Elaine Doris | Director | 2008-07-18 | 2012-07-17 |
| MCLEISH, Blair Alexander | Director | 2018-06-12 | 2024-07-12 |
| ONABOLU, Oluwole | Director | 2017-02-10 | 2019-03-26 |
| ONABOLU, Oluwole | Director | 2012-07-17 | 2014-04-11 |
| RASMUSON, Michael Allan, Mr. | Director | 2014-04-11 | 2018-06-12 |
| RASMUSON, Michael Allan | Director | 2006-05-01 | 2008-07-18 |
| UPTON, John Dominic | Director | 2016-04-26 | 2017-02-10 |
| WOOLLEY, Eric Rhys | Director | 2003-03-25 | 2003-10-31 |
| WOOLLEY, Peter John | Director | 2003-04-01 | 2003-06-30 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2003-03-25 | 2003-03-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bh 03 Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 116 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-21 | CH01 | officers | Change person director company with change date | |
| 2026-04-15 | AA | accounts | Accounts with accounts type full | |
| 2026-04-13 | CH01 | officers | Change person director company with change date | |
| 2026-02-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-22 | CH01 | officers | Change person director company with change date | |
| 2024-10-23 | AA | accounts | Accounts with accounts type full | |
| 2024-09-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-19 | AA | accounts | Accounts with accounts type full | |
| 2023-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-11 | AA | accounts | Accounts with accounts type full | |
| 2022-09-16 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-16 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-16 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-20 | AA | accounts | Accounts with accounts type full | |
| 2021-07-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-07-30 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-78.1%
£36,183,099 £7,937,732
-
Cash
—
Not reported
-
Net assets
+9.8%
£62,674,574 £68,821,349
-
Employees
—
Not reported
-
Operating profit
-46.4%
£1,029,652 £552,261
-
Profit before tax
-20.7%
£9,970,348 £7,908,821
-
Wages
-92.3%
£106,004 £8,154
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers