Q3 Innovations Ltd

Q3 Innovations Ltd is a small, active company based in London, UK, founded six years ago in 2019. It’s a solo-founded operation with one director and owner, holding just £119 in assets and operating from a virtual address where 217 other companies are registered. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website showcases a focus on business innovation and awards. It features articles, issues (quarterly magazines), and a range of awards programmes. The site promotes itself as a source of cutting-edge insights, industry trends, and in-depth articles. It also highlights client testimonials and offers media pack information for potential advertisers. The website’s structure suggests a content-driven business, possibly focused on publishing or media, rather than direct e-commerce.

Financially, Q3 Innovations Ltd’s situation is concerning. Current assets have plummeted by a staggering 96%, dropping to just £120. Net assets are also down significantly, falling to -£29,000. Bank borrowings have increased, and cash reserves are minimal. While creditors have also risen, the dramatic decrease in assets and the negative equity position suggest the company is burning through money. The lack of employees (zero reported) indicates a very lean operation, but the financial strain is evident. The accounts are unaudited and exempt, relying on director-reported data.

It seems Q3 Innovations Ltd is facing some serious financial challenges. While the website indicates a focus on content and awards, the underlying business model may not be sustainable given the current financial trends.

Registered in England/Wales under the registration number 11768265, with a registered address at E14 9NN, England, London, C/O The Accountancy Partnership Suite 5, 5th Floor, City Reach, 5 Greenwich View Place.

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