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QUIGONGLYN LTD Financials

Company number
12628508Copy
Copy
Registered office
2 College Gardens, Enfield, Middlesex EN2 0QF
Incorporated
28/05/2020

Company snapshot

Status
Active
Employees
2 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£29.002025
-99.46%vs 2024

2024: £5.36K

Total Assets

£18.82K2025
17.42%vs 2024

2024: £16.03K

Total Liabilities

£18.79K2025
76.06%vs 2024

2024: £10.68K

Employees

22025
-1vs 2024

2024: 3

In 2025, QUIGONGLYN LTD reported net assets of £29.00. The same filing shows total assets of £18.82K and total liabilities of £18.79K. Reported headcount was 2 in 2025. Total Liabilities rose from £10.68K in 2024 to £18.79K in 2025 (76.06%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£29.002025
-99.46%from £5.36K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures QUIGONGLYN LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£12.72K2023£29.002025
-99.8%vs 2023

-95.2% a year compound (CAGR)

Total Assets

£14.77K2023£18.82K2025
+27.5%vs 2023

+12.9% a year compound (CAGR)

Total Liabilities

£2.04K2023£18.79K2025
+820%vs 2023

+203% a year compound (CAGR)

Employees

3202322025
-33.3%vs 2023-1

Biggest increase

Total Liabilities+820%

£2.04K in 2023 to £18.79K in 2025

Biggest decrease

Net Assets-99.8%

£12.72K in 2023 to £29.00 in 2025

QUIGONGLYN LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from QUIGONGLYN LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
0.15%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
99.85%2025
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for QUIGONGLYN LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£3.40K9.27K12.72K5.36K29.00
Total Assets£4.44K14.45K14.77K16.03K18.82K
Cash in Bank£–––––
Total Liabilities£1.04K5.18K2.04K10.68K18.79K
Employees33332

QUIGONGLYN LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for QUIGONGLYN LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

QUIGONGLYN LTD reported net assets of £29.00 for 2025. That compares with £5.36K in 2024, a change of -99.46%.

QUIGONGLYN LTD reported total assets of £18.82K for 2025. That compares with £16.03K in 2024, a change of 17.42%.

QUIGONGLYN LTD reported total liabilities of £18.79K for 2025. That compares with £10.68K in 2024, a change of 76.06%.

QUIGONGLYN LTD reported 2 employees in 2025, compared with 3 in 2024.

Between 2023 and 2025, QUIGONGLYN LTD's net assets fell by 99.8%, total assets rose by 27.5%, total liabilities rose by 820% and employee numbers fell by 33.3%. Net assets contracted at 95.2% a year across the two years to 2025, from £12.72K to £29.00. Reported headcount went from 3 in 2023 to 2 in 2025 (-1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.