qf tractors limited

1.5

qf tractors limited Company Information

Share QF TRACTORS LIMITED
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Company Number

09643829

Registered Address

the mill house canal head, pocklington, york, YO42 1NW

Industry

Sale of other motor vehicles

 

Telephone

01759388000

Next Accounts Due

March 2025

Group Structure

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Directors

Alan Farrow7 Years

Shareholders

alan farrow 50%

christine quarton 50%

qf tractors limited Estimated Valuation

£49.1k

Pomanda estimates the enterprise value of QF TRACTORS LIMITED at £49.1k based on a Turnover of £231.4k and 0.21x industry multiple (adjusted for size and gross margin).

qf tractors limited Estimated Valuation

£0

Pomanda estimates the enterprise value of QF TRACTORS LIMITED at £0 based on an EBITDA of £0 and a 2.69x industry multiple (adjusted for size and gross margin).

qf tractors limited Estimated Valuation

£145.7k

Pomanda estimates the enterprise value of QF TRACTORS LIMITED at £145.7k based on Net Assets of £50.6k and 2.88x industry multiple (adjusted for liquidity).

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Qf Tractors Limited Overview

Qf Tractors Limited is a live company located in york, YO42 1NW with a Companies House number of 09643829. It operates in the sale of other motor vehicles sector, SIC Code 45190. Founded in June 2015, it's largest shareholder is alan farrow with a 50% stake. Qf Tractors Limited is a young, micro sized company, Pomanda has estimated its turnover at £231.4k with declining growth in recent years.

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Qf Tractors Limited Health Check

Pomanda's financial health check has awarded Qf Tractors Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £231.4k, make it smaller than the average company (£25.9m)

£231.4k - Qf Tractors Limited

£25.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (5.8%)

-6% - Qf Tractors Limited

5.8% - Industry AVG

production

Production

with a gross margin of 10.1%, this company has a higher cost of product (14.4%)

10.1% - Qf Tractors Limited

14.4% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Qf Tractors Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (55)

1 - Qf Tractors Limited

55 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)

£41.2k - Qf Tractors Limited

£41.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £231.4k, this is less efficient (£480.5k)

£231.4k - Qf Tractors Limited

£480.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (19 days)

11 days - Qf Tractors Limited

19 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 202 days, this is slower than average (44 days)

202 days - Qf Tractors Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Qf Tractors Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Qf Tractors Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.3%, this is a higher level of debt than the average (67.5%)

75.3% - Qf Tractors Limited

67.5% - Industry AVG

qf tractors limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Qf Tractors Limited Competitor Analysis

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qf tractors limited Ownership

QF TRACTORS LIMITED group structure

Qf Tractors Limited has no subsidiary companies.

Ultimate parent company

QF TRACTORS LIMITED

09643829

QF TRACTORS LIMITED Shareholders

alan farrow 50%
christine quarton 50%

qf tractors limited directors

Qf Tractors Limited currently has 1 director, Mr Alan Farrow serving since Jul 2016.

officercountryagestartendrole
Mr Alan FarrowEngland62 years Jul 2016- Director

QF TRACTORS LIMITED financials

EXPORTms excel logo

Qf Tractors Limited's latest turnover from June 2023 is estimated at £231.4 thousand and the company has net assets of £50.6 thousand. According to their latest financial statements, we estimate that Qf Tractors Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Turnover231,379266,868262,802275,090807,1501,205,1461,062,4231,034,499
Other Income Or Grants00000000
Cost Of Sales207,909239,580238,684249,307727,1831,084,630955,992930,858
Gross Profit23,47127,28924,11825,78379,968120,516106,431103,641
Admin Expenses23,47125,47611,849223,97938,989-68,667134,858-83,410
Operating Profit01,81312,269-198,19640,979189,183-28,427187,051
Interest Payable01,8136,89012,14413,74415,61219,14010,306
Interest Receivable00000000
Pre-Tax Profit005,379-210,34027,235173,572-47,567176,745
Tax00-1,0220-5,175-32,9790-35,349
Profit After Tax004,357-210,34022,060140,593-47,567141,396
Dividends Paid00000000
Retained Profit004,357-210,34022,060140,593-47,567141,396
Employee Costs41,17038,50435,99436,17771,076233,814165,894195,135
Number Of Employees11112756
EBITDA*01,81315,075-194,45548,798204,310-19,441196,093

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Tangible Assets197,173197,173197,173199,979215,798238,593201,789200,893
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets197,173197,173197,173199,979215,798238,593201,789200,893
Stock & work in progress00090,500315,500249,315144,875145,500
Trade Debtors7,3347,334048,673171,816235,814236,170194,572
Group Debtors00000000
Misc Debtors007,3347,334000112,743
Cash00000000
misc current assets00000000
total current assets7,3347,3347,334146,507487,316485,129381,045452,815
total assets204,507204,507204,507346,486703,114723,722582,834653,708
Bank overdraft0011,233105,908202,242164,989295,376317,114
Bank loan00000000
Trade Creditors 115,141115,14107,500100,449101,928123,798125,246
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments0004,2246,70817,57427,51137,500
other current liabilities00103,908112,612117,133184,70942,22032,352
total current liabilities115,141115,141115,141230,244426,532469,200488,905512,212
loans0038,76770,00020,00020,00000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities38,76738,767000000
provisions00000000
total long term liabilities38,76738,76738,76770,00020,00020,00000
total liabilities153,908153,908153,908300,244446,532489,200488,905512,212
net assets50,59950,59950,59946,242256,582234,52293,929141,496
total shareholders funds50,59950,59950,59946,242256,582234,52293,929141,496
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Operating Activities
Operating Profit01,81312,269-198,19640,979189,183-28,427187,051
Depreciation002,8063,7417,81915,1278,9869,042
Amortisation00000000
Tax00-1,0220-5,175-32,9790-35,349
Stock00-90,500-225,00066,185104,440-625145,500
Debtors00-48,673-115,809-63,998-356-71,145307,315
Creditors0115,141-7,500-92,949-1,479-21,870-1,448125,246
Accruals and Deferred Income0-103,908-8,704-4,521-67,576142,4899,86832,352
Deferred Taxes & Provisions00000000
Cash flow from operations013,046137,02248,884-27,619187,86660,749-134,473
Investing Activities
capital expenditure00012,07814,976-51,931-9,882-209,935
Change in Investments00000000
cash flow from investments00012,07814,976-51,931-9,882-209,935
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans0-38,767-31,23350,000020,00000
Hire Purchase and Lease Commitments00-4,224-2,484-10,866-9,937-9,98937,500
other long term liabilities038,767000000
share issue0000000100
interest0-1,813-6,890-12,144-13,744-15,612-19,140-10,306
cash flow from financing0-1,813-42,34735,372-24,610-5,549-29,12927,294
cash and cash equivalents
cash00000000
overdraft0-11,233-94,675-96,33437,253-130,387-21,738317,114
change in cash011,23394,67596,334-37,253130,38721,738-317,114

P&L

June 2023

turnover

231.4k

-13%

operating profit

0

0%

gross margin

10.2%

-0.8%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

50.6k

0%

total assets

204.5k

0%

cash

0

0%

net assets

Total assets minus all liabilities

qf tractors limited company details

company number

09643829

Type

Private limited with Share Capital

industry

45190 - Sale of other motor vehicles

incorporation date

June 2015

age

9

accounts

Dormant

ultimate parent company

None

previous names

N/A

incorporated

UK

address

the mill house canal head, pocklington, york, YO42 1NW

last accounts submitted

June 2023

qf tractors limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to qf tractors limited.

charges

qf tractors limited Companies House Filings - See Documents

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