Quality Veg Suppliers Limited

Quality Veg Suppliers Ltd, based in Bradford, UK, is a small, active company founded eleven years ago. With fifteen employees and £752,849 in assets, it generates a substantial £5,324,871 in yearly revenue. The company, boasting a 4.0 Google rating from five reviews, operates a real address and is managed by four directors and two owners. It’s a regular importer of edible vegetables and roots, with 124 months of import activity recorded.

The company’s website, QGS Online, is a comprehensive e-commerce platform offering a wide range of garden supplies. From topsoil and turf to BBQ’s and fire pits, the site caters to both small-scale gardeners and larger landscaping projects. The website emphasizes competitive pricing, next-day delivery, and a wide selection—a typical strategy for online retailers. It even includes a topsoil calculator and turf calculator to assist customers.

Financially, Quality Veg Suppliers Ltd presents a mixed picture. While turnover increased by 6.6% to £5,300,000, net assets took a significant hit, dropping 92% to -£56,000. Cash bank on hand decreased by 46% to £690,000, and bank borrowings increased dramatically. Creditors, however, decreased by 33%, suggesting improved debt management. The company’s size—meeting two of three criteria for a small company—allows for agility, but the substantial equity decline warrants attention. Administrative expenses increased by 25%, which may be a factor in the reduced profits. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Quality Veg Suppliers Ltd appears to be navigating a period of change. The e-commerce side is thriving, but the company’s financial health requires careful monitoring. The increase in bank borrowings and the significant drop in equity suggest a need to manage expenses and potentially seek additional funding.

Registered in England/Wales under the registration number 08960539, with a registered address at BD4 7PN, Bradford, West Yorkshire, Unit 14-16 St. James's Market, Essex Street.

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