# QAX SYSTEMS LIMITED (02986552)

> QAX SYSTEMS LIMITED is an active private limited company (company number 02986552) incorporated on 4 November 1994, registered in Reading. Its registered activity is manufacture of electronic measuring, testing etc. equipment, not for industrial process control (SIC 26511). Latest micro accounts cover the period ending 31 March 2025, showing net assets of −£32k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 1% on the prior period (−£32k).

- Status: Active
- Incorporated: 1994-11-04
- Registered office: Reading, RG10 9LN
- SIC 26511: Manufacture of electronic measuring, testing etc. equipment, not for industrial process control
- SIC 85310: General secondary education
- Next accounts due: 2026-12-31
- Confirmation statement due: 2026-11-18
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 889 comparable companies in the UK (median £28k, upper quartile £400k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£32k | — | — | £4,500 | — | — | 1 |
| 2024-03-31 | −£32k | — | — | £4,500 | — | — | — |

current ratio 0.9; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-31,814 at 31 March 2025
- Current assets below creditors within one year: Current ratio 0.9
- Incorporated five or more years ago: Incorporated 4 November 1994

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Dr Antony Gil — owns 75–100% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02986552
HTML: https://firmoscan.com/company/02986552-qax-systems-limited
