Quinshield Limited

Quinshield Ltd, based in Ammanford, UK, is a sizable holding company with an active status, having operated for 32 years. Employing 99 people and boasting assets of £7,501,829, the company generated £17,283,655 in revenue last year. With a real address and four directors overseeing operations, it’s a well-established entity. A Google rating of 5.0 based on two reviews suggests high customer satisfaction. The company regularly exports furniture, lighting, and prefabricated buildings—eight months of export activity were recorded—but hasn’t imported anything for three months.

Quinshield specializes in the design and manufacture of GRP (Glass Reinforced Polyester) kiosks, housings, enclosures, cabinets, and other composite structures. Their website showcases a wide range of products catering to industrial and architectural applications, from security gatehouses to bespoke bunds and roofing solutions. They offer customization options, including vinyl wrapping for aesthetic enhancements and even acoustic enclosures. The company emphasizes durability, environmental responsibility, and the ability to meet unique market requirements.

Financially, Quinshield’s performance presents a mixed picture. While turnover increased by a healthy 47%, reaching £17,283,655, net assets decreased by 15%, falling to £4,800,000. Cash reserves also declined by 51%, dropping to £2,300,000. Bank borrowings, however, surged by 2,400%, reaching £29,000—a significant increase. Trade debtors ballooned by 56%, suggesting potential issues with customer payments, and creditors rose 35%, indicating increased short-term liabilities. The company’s size (meeting two of three criteria for a large company) means it’s subject to more stringent reporting requirements. No auditor is mentioned, likely due to the company’s exemption status.

The sharp increase in debt, coupled with the decrease in cash reserves, raises questions about Quinshield’s financial health. While the company’s core business seems to be thriving—demonstrated by the increased turnover—the need for additional borrowing suggests potential pressures. It's possible that investments in new equipment or expansion efforts contributed to these changes, but further investigation would be needed to confirm this.

Registered in England/Wales under the registration number 02767033, with a registered address at SA18 3SJ, Ammanford, Carmarthenshire, Quinsheild Ltd, Capel Hendre Industrial Estate.

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