Quad Systems Ltd

Quad Systems Ltd, based in Macclesfield, UK, is a small, active company founded just three years ago in 2021. With £120,376 in assets and a real registered address (though it's likely a virtual one, as thirteen companies share it), it’s a solo-founded operation run by a single director and two owners. The business specializes in the research and experimental development of natural sciences and engineering, with a focus on NMR (Nuclear Magnetic Resonance) systems and components. Its website highlights a commitment to the NMR community, offering complete NMR systems, upgrades, and specialized probes.

The company’s website, Quad Systems, positions itself as a provider of tailored NMR solutions, catering to research and scientific applications. It offers a range of products, including magnets, consoles, probes, and sample changers, and emphasizes collaboration with experts worldwide to deliver customized solutions. The company also boasts a full range of standard and specialized probes, with guaranteed deliverables to meet individual requirements.

Financially, Quad Systems Ltd shows a mixed picture. While current assets increased slightly to £120,000, equity plummeted 110% to -£1.3 million. Bank borrowings surged by 97% to £1.4 million, and creditors increased 100% to £1.5 million. Cash reserves, however, dropped dramatically by 99% to just £140. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the significant equity decline raises concerns. The company’s unaudited financial statements, prepared with CCH software, do not mention an auditor.

Overall, Quad Systems Ltd appears to be facing financial strain, despite its specialized focus and commitment to the NMR community. The large increase in liabilities suggests the company is burning through money, and the drop in cash reserves is a worrying sign. Whether it can sustain its operations and continue to innovate in the competitive NMR market remains to be seen.

Registered in England/Wales under the registration number 13590002, with a registered address at SK11 6JX, England, Macclesfield, First Floor, Merchant Exchange, Waters Green.

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