Quality Approach Ltd

Quality Approach Ltd is a small, active company based in Bristol, UK, founded five years ago in December 2019. It’s a solo operation, employing just one person and holding £1,574 in assets. The company operates an e-commerce site and is registered at an address that’s likely virtual, as thirty-one other companies share the same location. It’s run by one director and owner, Blake Jordan.

The company specializes in retail sales via mail order and the internet, offering a range of fashion items. The website, currently undergoing upgrades, promises a better shopping experience soon, with contact information provided for immediate inquiries. It ships to a vast number of countries, from Albania to Zimbabwe – a testament to its international reach.

Financially, Quality Approach Ltd shows some concerning trends. While the company is small (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets have plummeted to -£54,000, a significant drop from -£41,000 the previous year. Cash reserves are meager at just £1,500, and bank borrowings have increased to £4,800. Creditors have also risen considerably, to £13,000. It’s worth noting that trade debtors have fallen to just £120, which could indicate issues with customer payments. The company’s reliance on bank borrowings and declining equity suggests it’s burning through cash, though the exact reasons behind this are unclear. With no auditor mentioned, the figures are unaudited.

Registered in England/Wales under the registration number 12350297, with a registered address at BS9 3BY, England, Bristol, The Bristol Office, 2nd Floor, 5 High Street, Westbury-On-Trym.

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