Qualita Limited

Qualita Limited, based in London, UK, is a small, active company founded 16 years ago in 2008. With six employees and £1,689,066 in assets, it operates from a real address and is managed by one director and owner. The company regularly imports and exports furniture, lighting, and prefabricated buildings – 282 months of import activity and 22 months of export activity recorded, the latest in January 2025.

Qualita Limited appears to be involved in both wholesale and retail operations, specifically dealing with furniture, carpets, and lighting equipment. The company’s website suggests a focus on specialized store industries, catering to businesses seeking quality furnishings and lighting solutions. It’s a family-run business, with Andrius Minicius at the helm, both as director and owner.

Financially, Qualita Limited presents a mixed picture. While current assets increased by 8.3% to £1,700,000, cash bank on hand experienced a significant drop of 65%, falling to £46,000. Creditors, both within and after one year, also increased, reaching £1,800,000 and £24,000 respectively. The company’s equity, however, saw a substantial boost of 33%, rising to £340,000. Despite the increase in creditors, the company’s net assets liabilities improved by 53%, landing at -£72,000. The company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The accounts are abridged and unaudited, and no auditor is mentioned.

The decrease in cash reserves, alongside increased borrowing, could indicate the company is reinvesting in its business or facing temporary cash flow pressures. The rise in equity, however, suggests a positive underlying financial health. It’s likely the company is holding steady, but needs to keep a close eye on its cash flow management.

Registered in England/Wales under the registration number 06620108, with a registered address at SW11 3BL, London, 557-561 Battersea Park Road.

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