Active

QUALITY TURNINGS LIMITED Financials

Company number
02800162Copy
Copy
Registered office
Unit 1 Arbour Court, Arbour Lane, Knowsley Industrial Park, Liverpool, Merseyside L33 7XE
Incorporated
16/03/1993

Company snapshot

Status
Active
Employees
4 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£484.08K2025
12.47%vs 2024

2024: £430.43K

Total Assets

£577.11K2025
14.42%vs 2024

2024: £504.40K

Employees

42025
-1vs 2024

2024: 5

In 2025, QUALITY TURNINGS LIMITED reported net assets of £484.08K. The same filing shows total assets of £577.11K. Reported headcount was 4 in 2025. Total Assets rose from £504.40K in 2024 to £577.11K in 2025 (14.42%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£484.08K2025
12.47%from £430.43K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures QUALITY TURNINGS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£435.55K2023£484.08K2025
+11.1%vs 2023

+5.4% a year compound (CAGR)

Total Assets

£568.79K2023£577.11K2025
+1.5%vs 2023

+0.7% a year compound (CAGR)

Employees

5202342025
-20%vs 2023-1

Biggest increase

Net Assets+11.1%

£435.55K in 2023 to £484.08K in 2025

Biggest decrease

Employees-20%

5 in 2023 to 4 in 2025

QUALITY TURNINGS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from QUALITY TURNINGS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
83.88%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for QUALITY TURNINGS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£439.47K428.64K435.55K430.43K484.08K
Total Assets£644.01K639.20K568.79K504.40K577.11K
Cash in Bank£–––––
Total Liabilities£–––––
Employees55554

QUALITY TURNINGS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for QUALITY TURNINGS LIMITED covering 2021–2025, across 3 reported indicators. The most recent reported year is 2025.

QUALITY TURNINGS LIMITED reported net assets of £484.08K for 2025. That compares with £430.43K in 2024, a change of 12.47%.

QUALITY TURNINGS LIMITED reported total assets of £577.11K for 2025. That compares with £504.40K in 2024, a change of 14.42%.

QUALITY TURNINGS LIMITED reported 4 employees in 2025, compared with 5 in 2024.

Between 2023 and 2025, QUALITY TURNINGS LIMITED's net assets rose by 11.1%, total assets rose by 1.5% and employee numbers fell by 20%. Net assets compounded at 5.4% a year across the two years to 2025, from £435.55K to £484.08K. Reported headcount went from 5 in 2023 to 4 in 2025 (-1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.