Qbol World Limited

Qbol World Ltd, based in Leeds, UK, is a small holding company with an active status, founded just one year ago. With two employees and £1,490,943 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 22 months of import activity recorded.

Qbol World Ltd’s primary function appears to be the wholesale of other machinery and equipment, as indicated by its website. The site functions as an e-commerce platform, requiring customer logins and featuring categories like Angular Contact Bearings and Cylindrical Roller Bearings. It offers detailed product descriptions, customisations, and a notification system for back-in-stock items. The site also includes a “Resources” section with contact information, cancellation policies, and a welcome message emphasizing quality products and worldwide trade.

Financially, Qbol World Ltd presents a mixed picture. While net assets remain negative at -£36,000, cash reserves are healthy at £75,000. Trade debtors are stable at £350,000, and creditors are also steady at £740,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the negative equity suggests it’s burning through cash, possibly due to startup costs or slow sales. The company’s fixed assets are a modest £22,000. Future minimum lease payments, however, are a significant £270,000, which could put a strain on future cash flow. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.

Registered in England/Wales under the registration number 15251533, with a registered address at LS12 6HJ, United Kingdom, Leeds, Unit 2/3 Gelderd Park, 98 Gelderd Road.

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