Qualtech Engineering Services Limited

Qualtech Engineering Services Ltd, based in Nottingham, UK, is a small holding company with an active status. Founded 25 years ago in March 2000, it employs just three people and holds £939,930 in assets. The company operates from a real address and is managed by one director and two owners – though it’s worth noting that the owner list isn’t exhaustive. Qualtech Engineering Services is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import operation recorded in February 2025. The company’s website is non-existent, which makes it difficult to gauge its online presence.

The company operates within the electrical installation industries, and its size qualifies it as small, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It's a tight-knit operation, and the small number of employees suggests a lean business model.

A review of the company’s financial data reveals some interesting trends. While the company’s net assets grew slightly to £830,000, cash reserves took a significant hit, dropping 51% to £50,000. Trade debtors increased substantially by 100% to £250,000, which could indicate a reliance on customer payments or expanded credit terms. Creditors, however, decreased by 35% to £46,000, suggesting improved debt management. The company’s property, plant, and equipment grew by 64% to £29,000, which could be due to investments in new machinery or equipment. The company’s bank borrowings increased by 2,400% to £29,000, which may be a result of the company’s increased spending.

The company’s unaudited financial statements, which were prepared using CCH Accounts Production software, don’t mention an auditor. The company is likely exempt from an audit due to its small size. Overall, Qualtech Engineering Services Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 03940861, with a registered address at NG16 5BY, England, Nottingham, 28 Cordy Lane, Brinsley.

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