Pqshield Ltd

Pqshield Ltd, based in Summertown, UK, is a holding company with an active status, established six years ago in May 2018. The company holds assets worth £7,358,474 and operates from a real address, employing five directors and two owners. It boasts a perfect 5.0 Google rating based on a single review, and is an irregular importer of electrical machinery and equipment, with recent imports occurring in July 2024.

The company’s website reveals a focus on post-quantum cryptography – a field dedicated to developing secure systems resistant to attacks from future quantum computers. Pqshield isn’s just a software company, it's a provider of hardware and software upgrades for security systems. It offers a range of products, including software libraries (PQCryptoLib), development kits (PQSDK), and hardware acceleration modules (PQPlatform) designed for various applications, from semiconductors and manufacturing to military and aerospace. They even publish research and attend industry events, positioning themselves as thought leaders in the field.

Financially, Pqshield Ltd’s recent performance presents a mixed picture. Cash reserves have fallen significantly by 54%, dropping to £5.3 million. While creditors increased by 97%, suggesting a need for more working capital, trade debtors decreased by 100%, which is a concerning trend. The company’s net assets also declined by 49%, settling at £6.5 million. Despite these challenges, the company’s retained earnings accumulated losses deepened by 77%, indicating ongoing losses. The lack of an auditor mentioned suggests the company is exempt under small company regulations.

Overall, Pqshield Ltd appears to be a specialized company navigating a complex and rapidly evolving technological landscape. While its technical expertise is evident, the financial data suggests it’s facing challenges in converting its innovations into consistent profitability.

Registered in England/Wales under the registration number 11388567, with a registered address at OX2 7HT, Summertown, Oxford, 267 (Prama House) Banbury Road.

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