Qr Corporations Ltd

Qr Corporations Ltd, based in Heywood, UK, is a small, active company founded four years ago. With a single employee and £24,151 in assets, it operates from a real address and is managed by one director and two owners. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—with just one month of import activity recorded as of May 2022.

The company’s website showcases a diverse range of activities beyond its import business. Qr Corporations Ltd positions itself as a technology-driven organization focused on sustainable solutions across agriculture, disinfectant, green energy, packaging and recycling, and textiles. It boasts expertise in large-scale project implementation, aiming to advance humanity beyond geographical and political borders. The website highlights its focus on organic farming, disinfection, renewable energy, and waste recycling, alongside its involvement in textile production. It even has a contact number and an email address.

Financially, Qr Corporations Ltd exhibits some interesting trends. Current assets have surged by a staggering 16,000%, reaching £24,000, while debtors have also seen a massive increase of -24000%, now at £24,000. Equity has grown by 18%, reaching £110,000, and cash bank on hand has doubled to £510. However, creditors have decreased significantly, falling -85%, and accumulated depreciation has increased by 97%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the large increase in debtors could indicate challenges in collecting payments. The company is exempt from an audit, so the figures are unaudited.

Overall, Qr Corporations Ltd appears to be experiencing a period of rapid growth, but it’s important to monitor its ability to manage its increased debtors and maintain its financial stability.

Registered in England/Wales under the registration number 12708103, with a registered address at OL10 2TS, United Kingdom, Heywood, Lancashire, Unit B8c Heywood Distribution Park, Pilsworth Road.

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