Qk Trading Ltd

QK Bathrooms Ltd, based in Huddersfield, UK, is a small, active company established 21 years ago. With three employees and £255,574 in assets, it operates from a real address and is overseen by one director and owner, Ahmed Ajaz. The company’s e-commerce site, QK Bathrooms, enjoys a stellar 5.0 Google rating from five reviews. It’s an irregular importer, with its top import category being plastics and plastic products, totaling one month of imports, the last operation being in July 2020.

The website showcases a wide range of bathroom fixtures and furniture, including toilets, basins, baths, showers, and accessories. It emphasizes affordability and luxury, offering various brands and styles to suit different tastes. The site is well-organized, with clear product categories, detailed descriptions, and high-quality images. It also features a blog with helpful articles on bathroom design and renovation.

Financially, QK Bathrooms Ltd presents a mixed picture. While net assets increased by 7.1% to £260,000, current assets only rose by 2.9% to £260,000. Bank borrowings remained stable at £11,000, but cash reserves grew by a respectable 25% to £81,000. Trade creditors decreased slightly by 18%, suggesting improved management of short-term debts. The company meets the criteria for a small business, with turnover below £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is likely due to its small size and exemption from an audit.

Overall, QK Bathrooms Ltd appears to be a steady, if not spectacular, performer. The e-commerce operation is thriving, and the company has a solid financial foundation. However, the slight decrease in finished goods suggests a need to manage inventory more effectively. It's a well-run business, and the future looks promising, though the company could benefit from a more aggressive growth strategy.

Registered in England/Wales under the registration number 04958468, with a registered address at HD1 3JE, Huddersfield, 179 Manchester Road, Longroyd Bridge.

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