Quantum Fireworks Ltd

Quantum Fireworks Ltd, based in Finchley, UK, is a small, active company founded two years ago. With just two employees and £39,536 in assets, it operates from a real address shared by only two other businesses, suggesting a relatively low-key operation. The company is owned and directed by Claydon Nigel John and Thomas Warren John. It runs an e-commerce site and is an irregular importer, primarily dealing with paper and paperboard products, with the last import recorded months ago in September 2023.

The company’s website, First Strike Fireworks, is a well-established online retailer specializing in fireworks for all occasions. It offers a wide range of products, from cakes and barrages to sparklers and low-noise fireworks, catering to both individual consumers and commercial clients. The site also features a dedicated section for gender reveal confetti and party items, alongside a blog offering advice and information on fireworks safety and usage. It’s clear the business is focused on online sales and delivery, with a strong emphasis on customer service and a 5.0 Google rating.

Financially, Quantum Fireworks Ltd presents a mixed picture. While the company is small (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its balance sheet shows some concerning trends. Net assets are a modest £4,900, and cash reserves have dwindled to just £25,000. Bank borrowings have risen to £29,000, and trade debtors are at £7,000, suggesting some customers are taking longer to pay. Creditors have remained steady at £80,000. The lack of employees (just two reported) reflects a lean operation, but the reliance on bank borrowings and the relatively low cash reserves raise questions about its financial health. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Quantum Fireworks Ltd appears to be a small, online-focused business navigating the challenges of a competitive market. While its e-commerce presence is strong, the financial data suggests it’s burning through money and may need to carefully manage its expenses to ensure long-term sustainability.

Registered in England/Wales under the registration number 14544836, with a registered address at N3 2SZ, England, Finchley, London, Marlborough House, 298 Regents Park Road.

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