Quality Cameras Ltd

Quality Cameras Ltd, based in Wembley, UK, is a small, active company founded six years ago in 2019. Employing just one person, it holds £114,463 in assets and operates from a real address, overseen by a single director and owner. The business runs an e-commerce site and enjoys a perfect 5.0 Google rating from five reviews. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with just two months of import activity recorded, the last operation occurring in March 2020. The company operates in the other professional, scientific and technical activities n.e.c. industries.

While its website is minimal, it suggests a focus on camera sales and related services, though details are scarce. The site’s presence indicates an attempt to engage with customers online, but it lacks the depth of a more established retailer.

Financially, Quality Cameras Ltd presents a mixed picture. Current assets have fallen by 23% to £110,000, while net assets have declined by 12% to £2,800. Bank overdrafts have decreased by 24% to £17,000, and cash reserves have fallen by 25% to £4,700. Creditors have remained relatively stable, but trade debtors have increased by 3.1% to £93,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity and cash reserves warrants attention. No auditor is mentioned, which is common for small companies exempt from an audit.

Overall, Quality Cameras Ltd appears to be navigating a challenging environment. While its online presence and high Google rating suggest customer satisfaction, the financial data indicates a need for careful management. The company’s future hinges on its ability to maintain sales, control costs, and perhaps explore new revenue streams beyond its current offerings.

Registered in England/Wales under the registration number 11879249, with a registered address at HA0 1AE, England, Wembley, 106 Clifford Road.

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