Qmc Instruments Limited

Qmc Instruments Ltd, based in West Sussex, UK, is a small holding company with an active status, celebrating 48 years since its founding in 1976. The company employs eight people and holds £1,438,636 in assets, operating from a real address and managed by four directors and one owner. It’s a regular importer of machinery, boilers, and mechanical appliances, parts, with 11 months of import activity recorded, and a regular exporter of optical and medical tools and devices, boasting 43 months of export activity.

The company’s website reveals a world of terahertz optics and detectors. Qmc Instruments has been a world leader in this field for four decades, specializing in fully integrated cryogenic detector systems. It collaborates closely with Cardiff University's Astronomy Instrumentation Group, fostering a long-standing research partnership. The company’s product range includes superconducting bolometers, hot electron bolometers, and optical components like filters, coatings, and lenses, catering to research institutions and offering bespoke solutions for specific needs. The website also highlights the company’s involvement in piano restoration, a separate venture operating from Cambridge, even featuring a showroom in Harrods.

Financially, Qmc Instruments Ltd presents a mixed picture. Cash bank on hand increased by 22% to £730,000, a positive sign, but trade debtors decreased by 30% to £270,000, which could indicate slower customer payments. Creditors decreased by 11% to £320,000, suggesting improved debt management, and net assets increased by 7.7% to £1,100,000. However, accrued liabilities deferred income dropped by 48% to £130,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the fluctuations in debtor and creditor balances warrant attention. As a small company, it’s exempt from a full audit, relying on unaudited financial statements.

Overall, Qmc Instruments Ltd appears to be financially stable, with a healthy cash position, but the changes in debtor and creditor balances suggest a need for close monitoring of its working capital. The dual focus on terahertz optics and piano restoration creates a unique business model, but its long-term success will depend on sustaining both ventures.

Registered in England/Wales under the registration number 01277546, with a registered address at RH14 9SH, West Sussex, Station Mills, Billingshurst.

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