Nu Quantum Ltd
- Small
- Active
- 6 years
- 29 employees
- £6,689,333 (assets)
- Real address
- 5 directors
- No owners
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 22 days ago, a good sign to sell them something.
Field of Operation
Website
Social media
Summary
Nu Quantum Ltd is a small, active company based in Cambridge, UK, founded six years ago in 2018. With 29 employees and £6,689,333 in assets, it’s a growing player in the quantum technology space. The company operates from a real address and is led by four directors, though it has no registered owners—a somewhat unusual arrangement. It regularly imports optical and medical tools and devices, with 53 months of import activity recorded, and exports electrical machinery and equipment, with 5 months of export activity.
Nu Quantum's core business revolves around building the "Entanglement Fabric" to unlock commercial quantum computing scaleout. The company focuses on creating full hardware solutions for entangled qubit networks, including a unique high-speed computer network interface, photonic switching fabric, and control systems. It aims to create multicore quantum supercomputers and quantum data centres, applying principles of abstraction and modularity—similar to those that have delivered cloud computing—to accelerate time-to-market. The company’s website highlights its partnerships with qubit companies, end-users of quantum computing, and national government agencies. It is backed by world-class investors and actively seeks collaborators.
Financially, Nu Quantum Ltd shows some interesting trends. Cash bank on hand decreased by 7.3% to £5,300,000, while average employees increased significantly by 59% to 46. Debtors jumped by 71% to £1,400,000, and creditors increased by 150% to £2,700,000. There’s also a notable rise in accrued liabilities deferred income, growing 110% to £1,700,000. The company’s net assets, however, increased by 66% to £11,000,000, and retained earnings grew by 76% to -£6,800,000. These figures suggest the company is investing heavily in its technology, perhaps contributing to the increase in debt, but also resulting in a substantial increase in equity. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in liabilities needs to be monitored. As a small company, it’s exempt from an audit, so these figures rely on unaudited statements. It’s a bit confusing, but seems to be doing well.
Registered in England/Wales under the registration number 11568868, with a registered address at CB3 0FA, England, Cambridge, Broers Building Hauser Forum, J J Thomson Avenue.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Managers
-
Individual
- 22 days
- 3
-
Resident of United Kingdom
-
Individual
- 9 months
-
Resident of United States
-
Individual
- 4 years
- 6
-
Resident of United Kingdom
-
Individual
- 4 years
- 4
-
Resident of United Kingdom
-
Individual
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
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Director's details changed for Mr Ian Christopher Cooper on 2025-06-26Download 2 pages pdf report
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Current accounting period extended from 2025-09-30 to 2025-12-31Download 1 page pdf report
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Appointment of Mr Ian Christopher Cooper as a director on 2025-06-12Download 2 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Nu Quantum Ltd
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