Quantserv Ltd
- Small
- Active
- 6 years
- £5,211 (assets)
- £9,570 (revenue)
- Virtual address
- 1 director
- 1 owner
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Quantserv Ltd is a small, active company based in London, UK, founded six years ago in 2018. It employs five people and holds £7,728 in assets, operating from a virtual address shared by many other businesses. The company is run by one director and one owner, Mohammed Adil.
The company’s website, Quant, focuses on providing smart services for a sustainable world, specifically industrial maintenance. They offer partnership models and emphasize career growth, referencing a wide range of industries and locations. Their website showcases several case studies, including improved wrench time for a mining customer, increased OEE for an international bakery, and zero accidents for a lubricant oil producer. They are clearly focused on B2B services, not direct e-commerce.
Financially, Quantserv Ltd presents a mixed picture. Turnover has dropped dramatically, falling from £12,000 to zero, and operating profit has plummeted from £110 to -£7,000—a significant loss. Cash reserves have also decreased, falling 120% to £7,700. However, creditors have decreased, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in profits and turnover is concerning. The company is exempt from an audit, so the numbers are unaudited.
The lack of employees reported is unusual, especially given the services they offer. It's possible that the director is doing most of the work, or that they have outsourced much of their operations. The company's financial health is clearly in question, and it’s burning through money.
Registered in England/Wales under the registration number 11464325, with a registered address at N1 7GU, England, London, 20 Wenlock Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Mohammed Adil
- 6 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Mohammed Adil
- 6 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-07-31Download 14 pages pdf report
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Confirmation statement made on 2024-06-02 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-07-31Download 14 pages pdf report
FAQ about Quantserv Ltd
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