QUORUM DEVELOPMENT LTD
Company number 04445312 · Active · Sedgefield TS21 3FF
QUORUM DEVELOPMENT LTD is an active private limited company (company number 04445312) incorporated on 22 May 2002, registered in Sedgefield. Its registered activity is other information technology service activities (SIC 62090). Latest small accounts cover the period ending 31 May 2025, showing net assets of £227k and cash of £584k, with 26 employees on average. Net assets fell 36% on the prior period (£352k).
By net assets it sits in the top quarter of 130 comparable companies in Teesside (median £5,152, upper quartile £44k).
Key dates
- Incorporated
- 22 May 2002
- Next accounts due
- 28 February 2027 — in 134 days
- Confirmation statement due
- 5 June 2027 — in 231 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 62090
- Other information technology service activities
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 May 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | £227k | £584k | £535k | £972k | — | — | 26 |
| 31 May 2024 | £352k | £525k | £519k | £764k | — | — | 26 |
- Current ratio
- 1.15
- Cash per employee
- £22k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 64/100 (grade C)
- +10 Positive net assets — Net assets £226,582 at 2025-05-31
- -8 Net assets falling — -35.5% vs prior period
- +4 Cash reserves — Cash £583,852
- +8 Established — Incorporated 2002-05-22 (24 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Volue Ltd (corporate entity) — owns 75–100% of shares · since 2 December 2025
- Mr Paul Alan Fothergill — owns 75–100% of shares · since 6 April 2016 · ceased 2 December 2025
- Mr John Ian Sherban — owns 25–50% of shares · since 6 April 2016 · ceased 1 March 2020
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Teesside
Same activity (other information technology service activities), closest in incorporation date.
- BASELINE CONTROL SYSTEMS LIMITED — Middlesbrough, inc. May 2002
- ACEDA LIMITED — Stockton-On-Tees, inc. Oct 2002
- AURANGZAIB SOLUTIONS (UK) LIMITED — Stockton-On-Tees, inc. Nov 2002
- THE CABLE CREW LIMITED — Stockton-On-Tees, inc. Sept 2001
- LINDY INTERNATIONAL LIMITED — Thornaby, inc. May 2001
- G.J. TECHNOLOGY LIMITED — Middlesbrough, inc. Mar 2001
Reminders for QUORUM DEVELOPMENT LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.