Quantum Tuning Limited

Quantum Tuning Ltd, based in Maidenhead, UK, is a small, active company founded fourteen years ago in 2010. With twenty-two employees and £2,224,336 in assets, it operates from a real address and is overseen by four directors and a single owner. The company is an irregular importer of machinery, boilers, and mechanical appliances, parts, with the last import operation occurring two months ago in June 2024. It also exports musical instruments and parts, though less frequently, with the last export operation dating back to December 2019.

The company’s website, quantumtuning.co.uk, showcases a business deeply involved in vehicle performance enhancement. It specializes in ECU remapping, TCU tuning, chip tuning, and DPF solutions—essentially, modifying vehicle software to improve power, fuel efficiency, or both. The site highlights a comprehensive service offering, including dyno runs, a wide range of tuning options, and a dealer network spanning over eighty countries. The company even boasts a global brand, with over 1000 installation centres and 800 dealers. It’s clear that Quantum Tuning is focused on providing a service to the automotive industry.

Financially, Quantum Tuning Ltd presents a mixed picture. While cash and bank holdings increased significantly by 21%, to £1.4 million, and trade debtors rose by 26% to £810,000, there are some concerning trends. Accumulated amortisation impairment of intangible assets increased by 9.4%, and accumulated depreciation impairment of property, plant, and equipment also increased, suggesting a gradual decline in the value of assets. Director remuneration rose by 26%, to £450,000, which could indicate increased investment in management or a change in compensation structure. Net assets, however, increased by 42%, to £1.7 million, a positive sign. The company’s small size (meeting two of three conditions for being a small company) allows it to remain flexible, but the rising expenses and depreciation need to be monitored. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

Registered in England/Wales under the registration number 07243867, with a registered address at SL6 8BR, England, Maidenhead, Unit A Enterprise House, Waldeck Road.

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