Quasar Microwave Technology Ltd

Quasar Microwave Technology Ltd, based in Newton Abbot, UK, is a small, active company established ten years ago. Employing 25 people, it holds £492,742 in assets and operates from a real address, overseen by three directors and a single owner. Its Google rating stands at a perfect 5.0 based on two reviews, reflecting a positive customer experience. The company regularly imports and exports electrical machinery and equipment, with a history of 51 months of imports and 211 months of exports.

The company’s website details its operations as a manufacturer of other fabricated metal products, alongside precision engineering services. It runs an e-commerce site, offering a range of waveguide components and systems, including bends, adaptors, and gaskets. The site also highlights its ability to provide CNC machining, powder coating, and sub-assembly services. The company’s focus on quality and British craftsmanship is evident throughout the website, with a dedicated section showcasing its capabilities and a list of quick links to essential information.

Financially, Quasar Microwave Technology Ltd presents a mixed picture. While cash reserves increased by 25% to £54,000, net assets grew by a substantial 43% to £240,000, suggesting improved profitability. However, bank borrowings increased by 23% to £35,000, and corporation tax payable jumped 91% to £54,000—potentially indicating a period of investment or expansion. Creditors also rose significantly, increasing by 34% to £190,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the rise in liabilities warrants careful monitoring. No auditor is mentioned, which is common for companies of this size.

Overall, Quasar Microwave Technology Ltd appears to be a stable, growing business, but the increase in liabilities suggests a need for careful financial management. The company’s focus on specialized components and precision engineering, combined with its positive online presence, positions it well for continued success.

Registered in England/Wales under the registration number 09149060, with a registered address at TQ12 2DA, England, Newton Abbot, Devon, Former Meter Test Station, Wharf Road.

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