Universal Quantum Ltd

Universal Quantum Ltd is a small, active company based in Brighton, UK, founded six years ago in 2018. With 23 employees and £13,865,486 in assets, it operates from a virtual address – thirty other companies are registered at the same location – and is led by two directors and two owners. The company regularly imports and exports electrical machinery and equipment, with 13 months of import activity and 4 months of export activity recorded, the latest in February 2025 and December 2024, respectively.

The company’s website highlights its mission to build utility-scale quantum computers, partnering with leading organisations and investors. It emphasizes a team of passionate engineers, scientists, and operational staff, driven by a shared mission to transform the world. The site showcases the company’s technology, work culture, and news, including a recent call for industry-wide focus on scalability in quantum computing.

Financially, Universal Quantum Ltd presents a mixed picture. While bank borrowings have been eliminated, cash reserves have decreased by 46% to £510,000. Current assets have significantly increased by 600% to £14 million, but net assets have plummeted 59% to £3.3 million. Creditors have also increased substantially by 240% to £2.4 million, and trade debtors have ballooned by 1,200% to £13 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in equity raises questions about its long-term sustainability. No auditor is mentioned, likely due to its status as a small company, so the figures are unaudited.

Despite the financial pressures, Universal Quantum Ltd appears to be focused on its core mission—building quantum computers—and actively seeking partnerships and investment. Whether it can overcome these challenges and realize its ambitious goals remains to be seen.

Registered in England/Wales under the registration number 11710367, with a registered address at RH16 1XQ, England, Haywards Heath, Gemini House, Mill Green Business Estate.

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