Genqa Ltd

Genqa Ltd is a small, active company based in Hawick, Scotland, founded five years ago. It operates as a solo-founder venture with one director and one employee, holding £452,449 in assets and utilizing a virtual address. The company regularly imports miscellaneous chemical products, with its last import operation recorded in June 2024. Genqa Ltd is involved in research and experimental development within the biotechnology industries.

The company's website, GenQA, positions itself as a leading provider of External Quality Assessment (EQA) and Proficiency Testing for the genomic community. It offers a wide range of EQAs covering various aspects of clinical genomics, including genetic testing, variant classification, and tissue assessment. The site highlights GenQA’s commitment to inspiring genomic excellence and providing a quality-assured service to laboratories and clinicians worldwide. It also features educational resources, news updates, and a calendar of events.

Financially, Genqa Ltd’s recent reports show some concerning trends. While cash and bank holdings decreased by 15% to £450,000, net assets also declined by 22% to £20,000. Perhaps most notably, net current assets and liabilities swung from a small profit to a substantial loss of -£5,600. Trade debtors also fell significantly, by 44%, suggesting potential issues with customer payments. The number of employees, however, increased from one to three, which could be a sign of expansion or increased workload. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows for flexibility. The report is unaudited, meaning it relies on director-reported data. It's likely that the company is exempt from an audit due to its small size.

Registered in Scotland under the registration number SC639731, with a registered address at TD9 9BD, United Kingdom, Hawick, Scottish Borders, 27 North Bridge Street.

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