Qst Limited

Qst Limited is a small, active company based in Haywards Heath, UK, founded 21 years ago in 2003. With five employees and £242,846 in assets, it operates from a virtual address—a point to note as forty-six companies are registered at the same location. The company is run by two directors and one owner, though the owner list may not be exhaustive. It’s a business that’s been around a while, but recent financial data paints a mixed picture.

Qst Limited specializes in mould eradication and thermal insulation services, primarily serving the social housing sector. Its website highlights a mission to make homes healthier and communities happier, offering a range of services from loft surveys to plastering. The company even has a division focused on high-end piano restoration, a surprising diversification from its core business.

Financially, Qst Limited’s recent performance shows some concerning trends. While cash reserves dropped by a significant 75% to £15,000, bank borrowings increased by 140% to £26,000—a potentially worrying sign. Net assets also plummeted 85%, falling to just £5,000. On the plus side, creditors decreased by 18%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the sharp decline in equity raises questions. The company’s unaudited financial statements, as it’s exempt from an audit as a small company, rely on director-reported data.

The company’s focus on niche services like mould remediation and piano restoration could be a strength, but the recent financial pressures suggest it’s facing challenges. It will be interesting to see how Qst Limited navigates these headwinds and whether its diverse business lines can support its long-term sustainability.

Registered in England/Wales under the registration number 04997561, with a registered address at RH16 4LY, England, Haywards Heath, West Sussex, Suite 6 141/143 South Road.

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