Quality House Limited

Quality House Limited is a small, active company from Ipswich, UK, established six years ago in 2018. It’s a solo-founded operation with a single director and owner, employing just four people. The company holds £16,493 in assets, but its registered address is likely virtual, as 771 other companies share the same location.

The company specializes in providing testing services, QA outsourcing, and professional courses, catering to the software industry. Its website showcases a range of services, from test automation and security testing to custom course development, and even offers free mock ISTQB exams. It seems like a modern, tech-focused business, with a strong emphasis on quality assurance and training. They even have a blog with useful information.

Financially, Quality House Limited has experienced some challenges. Current assets have decreased by 45% to £16,000, and net assets have fallen by 27% to £13,000. Bank borrowings have dramatically reduced, though, dropping 110% to -£930. Cash reserves have also shrunk by 55% to £10,000. Creditors have decreased significantly, by 73%, which could indicate improved debt management. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity is a concern. The accounts are unaudited, and there’s no mention of an auditor.

It’s clear that Quality House Limited is navigating a period of change, with a focus on streamlining operations and managing finances. Whether these changes will lead to sustained growth remains to be seen.

Registered in England/Wales under the registration number 11588671, with a registered address at IP1 1RJ, England, Ipswich, 50 Princes Street.

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