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Company No. SC416328 · Incorporated 6 Feb 2012

Quin Global (UK) Ltd.

Registered name: QUIN GLOBAL (UK) LTD.

Part of Vola Group Ltd group

Quin Global (UK) Ltd. made £19.3m revenue and £1.9m profit in the year to 31 Dec 2024.

Quin Global (UK) Ltd.’s revenue fell 3% to £19.3m in the year to 31 Dec 2024, with £1.9m profit and 64 employees. The company is classified under “manufacture of other chemical products” and is based in Perth; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 20590Manufacture of other chemical products n.e.c.
Status
Active
Location
Perth, Scotland
Age
14 yrs · since 2012
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light
Revenue
£19.3m
Growth ▼3.4%
Profit
£1.9m
Growth ▲617.2%
Profit margin
9.8%
Gross 32.8%
Employees
64
Change ▼4.5%
Profit / employee
£29.6k
Revenue/employee £301k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£19.8m£19.9m£19.3m
Cost of sales£14.1m£13.7m£13m
Gross profit£5.7m£6.3m£6.3m
Operating profit£815k£247k£2.2m
Profit before tax£789k£229k£2.3m
Profit after tax£711k£264k£1.9m
Profit (best available)£711k£264k£1.9m
Staff costs£3.1m£4.1m£3.5m
Employees (average)596764
Ratios
Profit margin3.6%1.3%9.8%
Gross margin28.8%31.4%32.8%
Revenue per employee£336k£298k£301k
Profit per employee£12.1k£3.9k£29.6k
Growth (year on year)
Revenue growth—▲0.6%▼3.4%
Profit growth—▼62.9%▲617.2%
Headcount growth—▲13.6%▼4.5%
Balance sheet — indirect signals, not revenue
Cash at bank£289k£178k£306k
Net assets£1.9m£1.8m£2m
Fixed assets£1.2m£1.2m£959k
Current assets£5.1m£4.6m£5.4m
Debtors£1.9m£1.7m£1.9m
Deferred income£165k£344k£284k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Aug 2025
Derived from the latest filing

How the business works

Profit margin
9.8%
Profit ÷ revenue.
Gross margin
32.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£301k
Revenue ÷ average employees.
Profit per employee
£29.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.7%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲12%
Now £2m
Cash at bank
▲72%
Now £306k
Headcount
▼4%
Now 64
Deferred income
▼17%
Now £284k
Fixed assets
▼17%
Now £959k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Vola Group Ltdultimate parent75–100%
  2. Quin Global (UK) Ltd.this company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.9m), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.