Q.f.s. Scaffolding Limited

Qfs Scaffolding Ltd from Gravesend UK: a large company with an active status, was founded 21 years ago and employs 64 people. It holds £4,189,572 in assets and generates £4,190,351 in yearly revenue. Based at a real address, the company is managed by two directors and one owner, boasting a Google rating of 4.0 from six reviews. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded.

The company’s website highlights its core business: providing scaffolding access services across London and the South East of England. It emphasizes a team of industry professionals exceeding expectations and adhering to high health and safety standards. The site encourages potential clients to contact them for projects, providing contact details and a physical address. It’s a professional-looking site, clearly aimed at attracting commercial clients.

Financially, Qfs Scaffolding Ltd presents a mixed picture. While it's a large company (meeting two of three conditions for size), several key metrics have declined. Current assets dropped by 5.3% to £4,200,000, and net assets decreased by a significant 39% to £2,700,000. Bank borrowings have fallen by 71% to £150,000, and cash reserves have also decreased by 47% to £120,000. However, trade debtors have improved by 8.4%, suggesting better collection of outstanding payments. The company's turnover has fallen by 39% to £4,200,000, which could be due to a number of factors, like increased competition or a slowdown in the construction industry. The company’s accounts are audited, with White Hart Associates (London) Limited serving as the auditor. The decline in cash reserves and net assets, alongside the reduction in turnover, suggests the company is burning through money, but the improved trade debtors offer a glimmer of hope.

Registered in England/Wales under the registration number 04826578, with a registered address at DA12 2PL, Gravesend, Kent, Westminster House, Denton Wharf, Mark Lane.

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