Quality Shops Online Limited

Quality Shops Online Ltd from Knaresborough UK is a small holding company with an active status, founded ten years ago in 2014. The company employs six people and holds £854,865 in assets. It has a real address, three directors, and one owner. Regular importer of iron or steel products (22 months imported), and a regular exporter of iron or steel products (5 months exported).

The company operates in the retail sale via mail order houses or via internet industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £854,865.

Financial data reveals a mixed picture. Accumulated depreciation on computer equipment increased by 16%, while furniture fittings saw a significant 29% rise. Bank borrowings remained stable, but cash reserves decreased slightly. Creditors increased by 35%, and trade debtors jumped a staggering 140%. Equity, however, only grew by a modest 1.5%. The company’s small size helps it stay agile, but the increase in creditors and the decrease in cash reserves could be a cause for concern. There was no auditor mentioned, so the figures are unaudited.

The company’s net assets liabilities decreased by 4.4% to £580,000. The company has a good reputation for its products, but it is important to monitor its financial performance closely in the coming months.

Registered in England/Wales under the registration number 09329054, with a registered address at HG5 0SL, England, Knaresborough, Old Penny Gate, Off Halfpenny Lane.

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