Quartztec Europe Limited

Quartztec Europe Ltd, based in Corbridge, UK, is a large company holding a significant position in the glass and glassware industry. Founded 62 years ago in 1962, it employs 60 people and boasts assets of £5,069,010, generating a yearly revenue of £9,013,326. The company operates as a holding company with an active status and is overseen by four directors and one owner. It’s a regular importer and exporter, bringing in glass and glassware for 367 months and shipping it out for 173 months, with the latest activity recorded in January 2025.

Quartztec’s website highlights its expertise in manufacturing solutions for quartz and thermocouples. It operates from a business park in East Kilbride, Scotland, and offers services ranging from laser processing to repairs and metrology. The site emphasizes its ISO Class 6 cleanroom capabilities and customer support, and mentions a range of services, including design and development.

Financially, Quartztec’s picture is mixed. While revenue remained steady, there’s been a notable decrease in cash reserves, falling by 88% to £53,000. Bank borrowings have also increased, by 200%, reaching £110,000. However, creditors have decreased by 43%, suggesting improved debt management. The company’s assets have also decreased by 11%, down to £5.1 million. Despite this, net assets increased by 16%, reaching £4.6 million. The company’s auditor, French Duncan LLP, hasn’t reported any issues, but the decrease in cash reserves warrants attention. It’s likely the company is investing in growth or facing increased operating costs, but the trend should be monitored closely.

Registered in England/Wales under the registration number 00734915, with a registered address at NE45 5LN, England, Corbridge, Northumberland, Loxwood, Newcastle Road.

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