Quality Metal Products Limited

Quality Metal Products Ltd, based in Stourbridge, UK, is a sizable company operating as a holding entity with an active status. Established twelve years ago in 2012, the company employs seventy-five people and holds assets valued at £3,020,909. Annual revenue stands at £8,276,916. While it has a virtual address, the company is managed by eleven directors and has one owner. It operates an e-commerce site and maintains a 5.0 Google rating based on a single review. The company regularly imports and exports furniture, lighting, and prefabricated buildings, with nineteen months of import activity and twenty-seven months of export activity.

The company’s website showcases a wide range of industrial furniture and workplace solutions, including workbenches, lockers, and cycle parking. It even offers a product configurator, allowing customers to design and customize their ideal furniture. The site highlights its commitment to UK manufacturing and serves both domestic and international markets. QMP has been around since 1959, and has a strong reputation for quality and reliability.

Financially, Quality Metal Products Ltd’s recent performance presents a mixed picture. Current assets decreased by 14% to £3 million, while net assets remained stable. Bank borrowings have been reduced by 32%, which is a positive sign. However, administrative expenses increased by 5.4%, and turnover has decreased by 6.3%, suggesting potential challenges in maintaining sales volume. The company’s size—meeting two of three criteria for a large company—indicates a significant operation. The company's auditor is Folkes Worton LLP.

The company’s focus on importing and exporting suggests a global reach, but the decrease in turnover warrants closer attention. While the strong Google rating and product configurator point to a customer-centric approach, the company needs to address the decrease in revenue to ensure long-term financial health.

Registered in England/Wales under the registration number 08109449, with a registered address at DY8 1LU, United Kingdom, Stourbridge, West Midlands, 15-17 Church Street.

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