Quintus UK Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 06242346

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		548		731
Tangible Assets	5		1,753,766		1,733,381

			1,754,314		1,734,112
CURRENT ASSETS
Stocks	6	-		12,500
Debtors	7	164,179		177,760

		164,179		190,260
Creditors: Amounts Falling Due Within One Year	8	(1,035,504 )		(868,692 )

NET CURRENT ASSETS (LIABILITIES)			(871,325 )		(678,432 )

TOTAL ASSETS LESS CURRENT LIABILITIES			882,989		1,055,680

Creditors: Amounts Falling Due After More Than One Year	9		(512,216 )		(559,335 )

PROVISIONS FOR LIABILITIES
Provisions For Charges			1,485		1,485
Deferred Taxation			(124,163 )		(126,242 )

NET ASSETS			248,095		371,588

CAPITAL AND RESERVES
Called up share capital	10		100		100
Revaluation reserve	12		297,940		297,940
Profit and Loss Account			(49,945 )		73,548

SHAREHOLDERS' FUNDS			248,095		371,588

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Quintus UK Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S M Hall

Director

9 September 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Quintus UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06242346 . The registered office is First Floor Sterling House, Outrams Wharf, Little Eaton, Derbyshire, DE21 5EL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are website costs and are amortised to profit and loss account over its estimated economic life of 4 years.

2.4. Tangible Fixed Assets and Depreciation

Freehold property is measured using the revaluation model.

Other tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not depreciated
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	10% reducing balance
Computer Equipment	20% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

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Quintus UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2023: 14)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	10,038

As at 31 December 2024	10,038

Amortisation
As at 1 January 2024	9,307
Provided during the period	183

As at 31 December 2024	9,490

Net Book Value
As at 31 December 2024	548

As at 1 January 2024	731

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2024	1,600,000	51,428	39,774	159,612
Additions	38,488	-	-	-

As at 31 December 2024	1,638,488	51,428	39,774	159,612

Depreciation
As at 1 January 2024	-	21,093	37,904	72,096
Provided during the period	-	7,584	466	8,752

As at 31 December 2024	-	28,677	38,370	80,848

Net Book Value
As at 31 December 2024	1,638,488	22,751	1,404	78,764

As at 1 January 2024	1,600,000	30,335	1,870	87,516


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2024	68,652	1,919,466
Additions	1,561	40,049

As at 31 December 2024	70,213	1,959,515

...CONTINUED

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Quintus UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	54,992	186,085
Provided during the period	2,862	19,664

As at 31 December 2024	57,854	205,749

Net Book Value
As at 31 December 2024	12,359	1,753,766

As at 1 January 2024	13,660	1,733,381

6. Stocks

	2024	2023
	£	£
Finished goods	-	12,500

7. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	64,654	52,393
Other debtors	-	99,920
VAT debtors (Debtors < 1 year)	20,838	23,962
Corporation tax recoverable assets	-	1,485
Director's loan account	55,972	-

	141,464	177,760
Due after more than one year
Other debtors	22,715	-

	164,179	177,760

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	924,305	729,697
Bank loans and overdrafts	45,444	98,093
Other taxes and social security	18,257	34,355
Other creditors	23,227	6,547
Accruals and deferred income	5,860	-
Amounts owed to parent undertaking	18,411	-

	1,035,504	868,692

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	321,023	559,335
Amounts owed to parent undertaking	191,193	-

	512,216	559,335

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Quintus UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Simon Hall	85,302	15,500	44,830	-	55,972

The above loan is unsecured, interest free and repayable on demand.

12. Reserves

	Revaluation Reserve
	£
As at 1 January 2024	297,940

As at 31 December 2024	297,940

13. Related Party Transactions

Ets Dienstleistungs Und Handels Gmbh - Parent Company

Loans

At the reporting date, £209,604 was owed to the parent by way of interest-bearing loans. This amount is included within Other Creditors. Interest charge on these loans during the reporting period totalled £11,156, repayments totalled £29,567.

Trade Creditors

At the reporting date, £864,378 was owed to the parent by way of trade creditors.

14. Controlling Party

The company's controlling party is Ets Dienstleistungs Und Handels Gmbh , registered in Austria (registration number 69366i), by virtue of its ownership of 70% of the issued share capital in the company.

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