Qart Limited

Qart Limited is a small, active company based in Glasgow, UK, founded nineteen years ago in February 2006. With four employees and £68,844 in assets, it operates as a solo-founder venture led by a single director and owner, Wawrzyniak Pascal. The company's registered address at 8 Jordanvale Avenue is a real address, with only one other business registered there. Qart Limited is engaged in retail sale via mail order houses or via internet industries.

The company’s website is not available, so it’s difficult to assess its online presence and e-commerce activities. However, the nature of its business suggests a focus on online retail, potentially selling goods directly to consumers through its own website or third-party marketplaces.

Financially, Qart Limited’s recent performance shows some concerning trends. While the company remains small, meeting two of the three criteria for a small company, net assets decreased by 4.2% to £93,000. Cash reserves dipped by 63% to £20,000, and bank borrowings increased by 22% to £57,000. Creditors also rose by 30% to £57,000. A significant drop in trade debtors, down 38%, may indicate improved collection practices, but the overall picture suggests the company is burning through cash. The decrease in other inventories by 33% also needs to be investigated. No auditor is mentioned, which is common for small, exempt companies. The company's small size and solo founder status may contribute to its agility, but the financial pressures need to be addressed.

Registered in Scotland under the registration number SC297617, with a registered address at G14 0QP, Glasgow, 8 Jordanvale Avenue.

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