Q8i Ltd

Q8i Ltd, based in Milton Keynes, UK, is a small, active company founded two years ago. Employing just three people, it operates from a real address and is overseen by three directors and two owners. The company is an irregular importer of paper and paperboard products, with just one month of imports recorded as of September 2024. It’s a small business, meeting two of three conditions to qualify: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The company’s website reveals it’s a holding company for real estate and furniture businesses, operating in both the UK and Egypt. It’s a bit confusing, but Q8 for Investment Ltd. manages several brands, including Red Sea Property Investment, Fashion House Furniture, and Homz Furniture. The company offers a range of services, from property management to assisting foreign residents with opening bank accounts and gaining residency in Egypt. The website is really well-designed, with a lot of information about their services and a mission to build shareholder value.

Financially, Q8i Ltd is facing some challenges. Net assets are currently at -£15,000, and the company is operating at a loss of -£12,000. Bank borrowings are also a concern, and cash reserves are low. Administrative expenses remain steady at £8,300. The company’s small size helps it stay nimble, but the negative equity suggests it’s burning through money. There’s no auditor mentioned, which is typical for a small, exempt company. The company’s description of its principal activities as "RETAILING ONLINE (AMAZON)" is a little surprising, given the real estate focus of its holding company. It’s a bit of a confusing picture, but Q8i Ltd seems to be navigating a challenging financial landscape.

Registered in England/Wales under the registration number 14699071, with a registered address at MK6 2TQ, England, Milton Keynes, 11 Laker Court.

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