# QGEMS ENERGY LTD (13684666)

> QGEMS ENERGY LTD is an active private limited company (company number 13684666) incorporated on 18 October 2021, registered in Newcastle Upon Tyne. Its registered activity is other information service activities n.e.c. (SIC 63990). Latest abridged accounts cover the period ending 31 October 2025, showing net assets of −£1.87m and cash of £16k, with 11 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 191% on the prior period (−£644k).

- Status: Active
- Incorporated: 2021-10-18
- Registered office: Newcastle Upon Tyne, NE13 8BH
- SIC 63990: Other information service activities n.e.c.
- Next accounts due: 2027-07-31
- Confirmation statement due: 2026-11-01
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the bottom quarter of 112 comparable companies in Newcastle (median £2,459, upper quartile £34k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | −£1.87m | £16k | £415k | £2.32m | — | — | 11 |
| 2024-10-31 | −£644k | £25k | £242k | £925k | — | — | 9 |

current ratio 0.19; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-1,872,954 at 31 October 2025
- Net assets down 25% or more on the prior period: -190.8% vs prior period
- Current assets below creditors within one year: Current ratio 0.19
- Incorporated two to five years ago: Incorporated 18 October 2021

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Qsecgrid Inc. (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights, since 2024-03-22

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/13684666
HTML: https://firmoscan.com/company/13684666-qgems-energy-ltd