Quadcopters Limited

Quadcopters Ltd from Blackpool UK: a small, active company founded 13 years ago, is facing some challenges. Despite being a family business with a solo founder and a single director, the company’s accounts and confirmation statements are overdue for two years. It employs just four people and holds £102,255 in assets, operating from a virtual address shared by 54 other companies. It’s an irregular importer, with no specific import category recorded for the last month.

The company operates in the retail sale via mail order houses or via internet industries. Its website is currently unavailable, making it difficult to assess its e-commerce presence.

Financially, Quadcopters Ltd presents a mixed picture. While cash reserves increased by 250% to £44,000, net assets plunged 4300% to -£17,000. Bank borrowings decreased significantly by 94%, dropping to £1,700, and trade creditors increased by 18% to £23,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit, and the financial statements are unaudited. The significant decrease in equity could indicate a period of losses or increased investment, but further investigation is needed to understand the underlying reasons.

Registered in England/Wales under the registration number 07691136, with a registered address at FY4 2FF, Blackpool, Lancashire, Ground Floor, Seneca House Links Point, Amy Johnson Way.

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