Quin Global (uk) Ltd.

Quin Global Adhesive Innovators Ltd, based in Perth, UK, is a large company with an active status, founded thirteen years ago. Employing fifty-nine people and holding assets of £4,633,913, the company generated a revenue of £19,949,670 in the last reported year. It operates from a real address and is managed by three directors and one owner. Google users rate it 5.0 based on one review. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts.

Quin Global Adhesive Innovators Ltd specializes in the manufacture and sale of innovative bonding systems and specialised tools. Its website highlights a global network of distributors selling spray adhesives, with a strong presence in Europe, the Americas, and Asia. It also operates a separate division, Quin Global Benelux B.V., focusing on bonding systems in the Benelux region. The company’s website also features a piano restoration business, 1066 Pianos, which operates from Cambridge and has a showroom in Harrods.

A review of the company's financial data reveals a mixed picture. While turnover increased by 22%, reaching £20 million, net assets declined by 16% to £1.8 million. Cash reserves fell by 30% to £180,000. Bank borrowings increased by 30%, reaching £72,000, and trade debtors rose by 10%, suggesting potential issues with customer payments. Creditors decreased by 18%, indicating improved debt management. The company’s large size (meeting two of three criteria for a large company) suggests it’s navigating a competitive market. No auditor is mentioned, likely due to the company’s size.

The financial trends suggest Quin Global Adhesive Innovators Ltd is experiencing some challenges despite strong revenue growth. The decrease in net assets and cash reserves, coupled with increased bank borrowings, could be attributed to investments in growth or increased operating expenses. The company’s diverse business interests—adhesives, tools, and piano restoration—may present both opportunities and complexities in managing finances effectively.

Registered in Scotland under the registration number SC416328, with a registered address at PH1 3WB, Perth, Unit 1 Ruthvenfield Avenue, Inveralmond Industrial Estate.

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