Quect Limited

Quect Limited is a small, active company based in London, UK, founded six years ago in 2019. It operates as a solo-founder e-commerce site with just one employee and £8,288 in assets. The company uses a virtual address, registered at a location shared by 984 other businesses, and is managed by a single director and owner, Ozdek Sinem.

Quect Limited’s website, Quest Electrical Parts Line, showcases a wide range of electrical products and services. It’s a wholesale supplier of electrical components, lighting, and testing equipment, catering to both commercial and industrial clients. The site offers everything from cables and lighting fixtures to switchgear and testing tools, with a focus on providing competitive pricing and fast delivery. It seems they are doing well with their online presence.

Financially, Quect Limited’s numbers present a mixed picture. Current assets have decreased by 44%, dropping to £8,300, while net assets have increased by 60%, reaching £580. Bank borrowings have remained stable, and cash reserves have also remained stable. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the drop in current assets might indicate a need for better cash flow management. There’s no auditor mentioned, likely due to the company’s small size and exemption from an audit. The accounts are described as “filleted” and unaudited.

Overall, Quect Limited appears to be a small, online business navigating the challenges of growth. While its asset base is modest, the company’s diverse product range and online presence suggest a focus on serving a niche market within the electrical supply industry.

Registered in England/Wales under the registration number 11874655, with a registered address at N8 0RL, England, London, Demsa Accounts 565 Green Lanes, Haringey.

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