Quality Part X Limited

Active08540387 Private limited company
Incorporated
22 May 2013 (13 years)
Industry
Sale of used cars and light motor vehicles (45112)
Directors
Mehdi Ali Abadi Farahani
Bassel Osama Affoury
Owned by
Bassel Osama Affoury
Mehdi Ali Abadi Farahani
Accounts type
Full
Region
East of England
Address
Quality Part X
Wedgewood Way
Stevenage
SG1 4QT

Filing status

Accounts due
30 December 2026
Last accounts
31 March 2025
Conf. stmt due
15 October 2027
Last conf. stmt
1 October 2026

Charges

Total
5
Outstanding
4
Part satisfied
0
Satisfied
1

Officers 2 active

Officer details are public data from the Companies House register.

Ali Abadi Farahani, Mehdi
Director · Appointed 27 January 2026
British
Born September 1980 (46)
Affoury, Bassel Osama
Director · Appointed 22 May 2013
British
Born September 1980 (46)
Officer history (1 former)
27 January 2026
Appointed Ali Abadi Farahani, Mehdi as Director
6 October 2022
Resigned Farahani, Mahdi as Director
1 March 2015
Appointed Farahani, Mahdi as Director
22 May 2013
Appointed Affoury, Bassel Osama as Director

Ownership 2 active

People and entities with significant control, from the Companies House PSC register

Bassel Osama Affoury
Individual · Notified 6 April 2016
Owns 50–75% of shares
Holds 25–50% of voting rights
British
Born September 1980 (46)
Mehdi Ali Abadi Farahani
Individual · Notified 6 April 2016
Owns 25–50% of shares
British
Born September 1980 (46)
Former controllers (1)
6 April 2016
Ceased Mehdi Aliabadi Farahani — Holds 25–50% of voting rights

Financials

Balance sheet as at 31 March 2025 · full accounts

Cash
£491,831
Profit Before Tax
£698,117
Current Ratio
1.4x
Return on Equity
7%

Trend

Shareholder Funds
£0 £5.0M £10.0M 2019 2020 2021 2022 2024 2025 £2,902,029 £3,633,249 £4,726,854 £5,893,854 £5,950,561 £6,426,821
Balance sheet detail
202520242022202120202019
Fixed Assets£2,986,647£3,144,911£3,311,834£2,901,744£2,548,450£2,348,751
Current Assets£12,019,204£11,616,498£17,639,732£12,314,856£11,472,939£8,604,834
Debtors£1,288,426£1,203,123£3,547,477£2,243,282£2,300,325£1,048,380
Cash£491,831£1,163,045£1,244,744£379,574£770,064£283,430
Creditors (< 1 year)£8,579,030£8,810,848£13,646,751£9,186,844£7,727,839£6,979,582
Creditors (> 1 year)£0£1,410,961£1,302,902£2,660,301£1,071,974
Net Current Assets£3,440,174£2,805,650£3,992,981£3,128,012£3,745,100£1,625,252
Net Assets£5,950,561£5,893,854£4,726,854£3,633,249£2,902,029
Shareholder Funds£6,426,821£5,950,561£5,893,854£4,726,854£3,633,249£2,902,029

Turnover£70,183,685
Cost of Sales£70,155,338£98,145,847£67,000,099£66,449,663
Gross Profit£3,734,022
Admin Expenses£3,444,712£4,989,002£3,096,209£2,779,354
Operating Profit£1,359,194
Profit Before Tax£698,117£131,250£1,368,825£1,272,262
Tax£221,857£74,543£201,825£178,657
Profit for Period£476,260£56,707£1,167,000£1,093,605£731,220£777,726

Filings 51

Show all 51 filings

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