Crypto Quantique Limited

Crypto Quantique Limited, based in London, UK, is a small holding company with an active status, having been founded eight years ago in 2016. Employing 29 people and holding £835,116 in assets, it operates from a real address in the city centre. The company is managed by six directors and owned by two entities, Bgf Nominees Ltd and Mnl Parkwalk Nominees Ltd. It’s an irregular importer of electrical machinery and equipment, with one month of import activity recorded, and an irregular exporter of machinery, boilers, and mechanical appliances, with one month of export activity.

The company’s website is currently unavailable, making it difficult to determine its exact business model beyond what’s available in the report. However, the company operates in the manufacture of computers and peripheral equipment, other information technology service activities, and research and experimental development.

Financially, Crypto Quantique Limited shows a mixed picture. Current assets have decreased significantly by 80%, dropping to £860,000, while net assets have also plummeted 79%, reaching £900,000. Cash reserves have fallen dramatically by 82%, leaving just £700,000. Bank borrowings have increased by a staggering 2,400%, reaching £29,000. Creditors have also increased by 11%, reaching £260,000. Trade debtors have decreased by 13%, suggesting better debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The sharp decline in cash reserves and net assets is concerning, suggesting the company may be burning through money. The increase in bank borrowings further highlights this trend. It’s possible that the company is investing heavily in growth, but without more information, it’s difficult to say for sure. The lack of an auditor mentioned likely means the company is exempt from an audit, relying on unaudited financial statements. The company’s two owners and six directors will need to carefully monitor these trends to ensure its long-term financial health.

Registered in England/Wales under the registration number 10267904, with a registered address at SE1 0LH, England, London, The Print Rooms, Unit 304-5, 164-180 Union Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.