Quay Imports Limited

Quay Imports Ltd from Lancashire UK: a small holding company with an active status, was founded 23 years ago. It employs just two people and holds £19,161 in assets, operating from a virtual address shared by fifty other companies. The company has three directors and one owner. It’s an irregular importer, specializing in toys, games, and sports equipment, with just two months of import activity recorded, the last in 2017.

The company operates in the non-specialised wholesale trade industries, and has two companies owned by it, Key Imports Limited and Quay Products Limited. Its website is not available, so it’s difficult to determine if it operates an e-commerce site.

Financially, Quay Imports Ltd presents a mixed picture. Current assets have fallen by a significant 51%, dropping to £19,000. Bank cash reserves have also plummeted by 86%, leaving just £2,800. Liabilities have decreased by 34%, suggesting improved debt management. Equity, however, has surged by a remarkable 680%, reaching £14,000—a positive sign. Trade debtors have also decreased by 38%. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The absence of an auditor is typical for a small, exempt company.

The sharp increase in equity, while encouraging, is offset by the decline in cash reserves. It’s possible the company has secured new funding or is managing its cash flow more efficiently, but the decrease in cash warrants attention. The irregular import activity suggests a fluctuating business model, relying on sporadic opportunities rather than consistent supply chains.

Registered in England/Wales under the registration number 04337197, with a registered address at FY7 6EB, Lancashire, 17 St Peters Place, Fleetwood.

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