Promo Qc Limited

Promo Qc Ltd, based in Luton, UK, is a small, active company established 17 years ago. With six employees and £2,529,112 in assets, it operates a real address and is managed by two directors and a single owner. The company's Google rating sits at a perfect 5.0 based on four reviews, and it runs an e-commerce site. It's a regular importer of clothing and accessories made by knitting or crocheting, with 269 months of import activity recorded, the last in March 2025. It also exports these items, though less frequently, with six months of export activity ending in November 2024.

The company’s website, while not providing detailed information, suggests a focus on manufacturing other textiles. It’s a niche market, and the business appears to be targeting a specific customer base.

Financially, Promo Qc Ltd presents a mixed picture. Current assets have decreased by 9.8% to £2,500,000, while bank borrowings have increased by 8% to £75,000. Cash reserves have seen a significant boost, jumping 590% to £4,300. Trade debtors have fallen by a substantial 29%, which is a positive sign, suggesting improved collection of payments. However, creditors have also decreased by 20%, which could be a sign of reduced supplier credit. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The decline in equity is a little concerning, though, and it’s something to keep an eye on. The company is exempt from an audit, so the figures are unaudited.

Overall, Promo Qc Ltd seems to be navigating a period of change. The increase in cash reserves is encouraging, but the decrease in equity and the rise in bank borrowings suggest it's burning through money a little faster than it's bringing it in. The company’s niche focus and strong Google rating should help it maintain a loyal customer base, but it will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 06312992, with a registered address at LU3 3AN, England, Luton, 147-149 Camford Way.

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