Quantum Seating Limited

Quantum Seating Ltd, based in Coventry, UK, is a small, active company founded ten years ago in 2014. With two employees and £373,992 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports furniture, lighting, and prefabricated buildings, with its last import operation recorded three months ago.

The company’s website showcases Quantum Seating as a manufacturer of seating and interior solutions for the transportation industry, specializing in rail, bus, and tram seating. It offers a range of products, including regional, first-class, and priority seats, alongside services like seat design, refurbishment, and parts supply. The website emphasizes a commitment to safety compliance, quality, and competitive service. It’s clear they are targeting the transport sector, offering both new builds and refurbishment services.

Financially, Quantum Seating Ltd presents a mixed picture. Current assets have decreased slightly, dropping 3.1% to £370,000. However, net assets have increased dramatically, surging 610% to £160,000. Bank borrowings have significantly decreased, falling 56% to £25,000. Trade debtors have also fallen by 15%, suggesting improved cash flow management. Interestingly, the number of employees has increased by 50% to three. 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 substantial increase in equity raises questions about the source of funding. As a small company, it is likely exempt from an audit, relying on unaudited financial statements.

Overall, Quantum Seating Ltd appears to be navigating a period of change, with positive trends in equity and debt management offset by a slight dip in current assets. The increased workforce suggests expanding operations, but the underlying drivers of these changes remain unclear.

Registered in England/Wales under the registration number 09053058, with a registered address at CV4 8AF, England, Coventry, Unit 1 Priory Mill, Charter Avenue.

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