quantum clothing group limited
quantum clothing group limited Company Information
Company Number
00001812
Website
www.quantumclothing.comRegistered Address
mohan business centre, tamworth road, nottingham, NG10 1BE
Industry
Manufacture of women's underwear
Manufacture of knitted and crocheted hosiery
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
quantum clothing lanka (private) limited 100%
quantum clothing group limited Estimated Valuation
Pomanda estimates the enterprise value of QUANTUM CLOTHING GROUP LIMITED at £1.1m based on a Turnover of £1.3m and 0.85x industry multiple (adjusted for size and gross margin).
quantum clothing group limited Estimated Valuation
Pomanda estimates the enterprise value of QUANTUM CLOTHING GROUP LIMITED at £793.7k based on an EBITDA of £133.9k and a 5.93x industry multiple (adjusted for size and gross margin).
quantum clothing group limited Estimated Valuation
Pomanda estimates the enterprise value of QUANTUM CLOTHING GROUP LIMITED at £5.2m based on Net Assets of £1.4m and 3.65x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Quantum Clothing Group Limited Overview
Quantum Clothing Group Limited is a live company located in nottingham, NG10 1BE with a Companies House number of 00001812. It operates in the manufacture of other men's outerwear sector, SIC Code 14131. Founded in January 1865, it's largest shareholder is quantum clothing lanka (private) limited with a 100% stake. Quantum Clothing Group Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Quantum Clothing Group Limited Health Check
Pomanda's financial health check has awarded Quantum Clothing Group Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£20m)
£1.3m - Quantum Clothing Group Limited
£20m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (3.9%)
2% - Quantum Clothing Group Limited
3.9% - Industry AVG
Production
with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)
37.6% - Quantum Clothing Group Limited
37.6% - Industry AVG
Profitability
an operating margin of 5.8% make it more profitable than the average company (4%)
5.8% - Quantum Clothing Group Limited
4% - Industry AVG
Employees
with 14 employees, this is below the industry average (111)
14 - Quantum Clothing Group Limited
111 - Industry AVG
Pay Structure
on an average salary of £43.7k, the company has a higher pay structure (£30.6k)
£43.7k - Quantum Clothing Group Limited
£30.6k - Industry AVG
Efficiency
resulting in sales per employee of £94.1k, this is less efficient (£154.2k)
£94.1k - Quantum Clothing Group Limited
£154.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Quantum Clothing Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (32 days)
13 days - Quantum Clothing Group Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Quantum Clothing Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (29 weeks)
12 weeks - Quantum Clothing Group Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.2%, this is a lower level of debt than the average (54.2%)
8.2% - Quantum Clothing Group Limited
54.2% - Industry AVG
QUANTUM CLOTHING GROUP LIMITED financials
Quantum Clothing Group Limited's latest turnover from March 2023 is £1.3 million and the company has net assets of £1.4 million. According to their latest financial statements, Quantum Clothing Group Limited has 14 employees and maintains cash reserves of £29.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,318,049 | 1,024,900 | 842,926 | 1,239,510 | 39,703,341 | 41,844,522 | 64,502,058 | 86,515,061 | 99,001,391 | 95,799,000 | 102,158,000 | 94,988,000 | 88,434,000 | 81,179,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 41,908,720 | 45,440,944 | 69,248,733 | 87,330,003 | 93,571,649 | 84,266,000 | 75,859,000 | 71,030,000 | 66,934,000 | 60,352,000 | ||||
| Gross Profit | -2,205,379 | -3,596,422 | -4,746,675 | -814,942 | 5,429,742 | 11,533,000 | 26,299,000 | 23,958,000 | 21,500,000 | 20,827,000 | ||||
| Admin Expenses | 1,070,090 | 245,408 | 1,831,064 | 21,097,524 | 10,020,869 | 9,171,000 | 16,816,000 | 18,519,000 | 17,568,000 | 22,171,000 | ||||
| Operating Profit | 76,420 | 77,912 | 28,221 | 63,127 | -3,275,469 | -3,841,830 | -6,577,739 | -21,912,466 | -4,591,127 | 2,362,000 | 9,483,000 | 5,439,000 | 3,932,000 | -1,344,000 |
| Interest Payable | 3,939 | 18,474 | 22,280 | 23,023 | 110,024 | 54,623 | 400,570 | 371,309 | 250,425 | 111,000 | 218,000 | 235,000 | 204,000 | 228,000 |
| Interest Receivable | 1,575 | 0 | 0 | 0 | 0 | 0 | 0 | 90,217 | 0 | 7,000 | 71,000 | 67,000 | 109,000 | 102,000 |
| Pre-Tax Profit | 74,057 | 59,438 | 5,941 | 82,436 | -3,385,493 | -3,896,453 | -6,947,435 | -22,193,558 | -4,558,664 | 1,850,000 | 9,336,000 | 5,271,000 | 3,837,000 | -1,921,000 |
| Tax | 58,300 | 0 | 0 | 0 | 0 | 0 | 2,282,299 | -5,070,086 | 933,684 | -1,389,000 | -1,431,000 | -2,010,000 | -1,913,000 | 12,069,000 |
| Profit After Tax | 132,356 | 59,438 | 5,941 | 82,436 | -3,385,493 | -3,896,453 | -4,665,136 | -27,263,644 | -3,624,981 | 461,000 | 7,905,000 | 3,261,000 | 1,924,000 | 10,148,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,501,159 | 3,080,000 | 5,800,000 | 1,122,000 | 0 | 195,000 |
| Retained Profit | 132,356 | 59,438 | 5,941 | 82,436 | -3,385,493 | -3,896,453 | -4,665,136 | -27,263,644 | -6,126,140 | -2,619,000 | 2,105,000 | 2,139,000 | 1,924,000 | 9,953,000 |
| Employee Costs | 612,148 | 650,602 | 549,573 | 641,664 | 718,011 | 1,003,800 | 2,628,246 | 4,979,869 | 6,270,676 | 6,584,000 | 7,165,000 | 6,879,000 | 6,835,000 | 6,416,000 |
| Number Of Employees | 14 | 13 | 14 | 17 | 20 | 23 | 80 | 87 | 99 | 199 | 253 | 258 | 232 | 228 |
| EBITDA* | 133,931 | 148,594 | 94,319 | 104,716 | -3,242,870 | -2,331,381 | -6,516,783 | -21,805,100 | -4,456,639 | 2,503,000 | 9,625,000 | 5,581,000 | 4,064,000 | -1,220,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 22,847 | 86,746 | 51,986 | 114,370 | 71,720 | 83,914 | 2,855,446 | 4,744,259 | 7,832,741 | 377,000 | 539,000 | 584,000 | 579,000 | 606,000 |
| Intangible Assets | 7,091 | 0 | 0 | 0 | 0 | 13,458 | 48,290 | 73,814 | 105,117 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 2,736,700 | 4,402,028 | 7,387,540 | 31,610,000 | 11,542,000 | 10,200,000 | 7,373,000 | 6,260,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,878,000 |
| Total Fixed Assets | 29,938 | 86,747 | 51,987 | 114,371 | 71,719 | 97,371 | 2,903,736 | 4,818,073 | 7,937,857 | 31,987,000 | 12,081,000 | 10,784,000 | 7,952,000 | 19,744,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 979,719 | 2,075,282 | 1,608,000 | 16,345,000 | 13,183,000 | 15,940,000 | 10,176,000 |
| Trade Debtors | 0 | 0 | 0 | 67,583 | 8,084,760 | 4,170,361 | 4,459,310 | 20,734,417 | 25,378,729 | 18,362,000 | 10,832,000 | 9,643,000 | 8,138,000 | 5,828,000 |
| Group Debtors | 1,380,288 | 1,708,433 | 1,555,142 | 3,680,653 | 0 | 6,155,794 | 8,631,253 | 12,224,873 | 28,929,509 | 1,832,000 | 12,772,000 | 10,962,000 | 8,837,000 | 6,345,000 |
| Misc Debtors | 99,267 | 62,650 | 57,185 | 60,898 | 0 | 176,535 | 619,854 | 5,834,327 | 5,502,396 | 1,017,000 | 624,000 | 931,000 | 698,000 | 1,278,000 |
| Cash | 29,938 | 999,197 | 17,081 | 53,472 | 217,603 | 455,984 | 1,088,505 | 662,093 | 9,275 | 12,000 | 12,000 | 5,362,000 | 2,029,000 | 3,923,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,034,318 | 6,135,000 | 7,524,000 | 8,955,000 | 10,965,000 | 0 |
| total current assets | 1,509,493 | 2,770,281 | 1,629,410 | 3,862,607 | 8,302,363 | 10,958,676 | 14,798,923 | 40,435,431 | 68,929,510 | 28,966,000 | 48,109,000 | 49,036,000 | 46,607,000 | 27,550,000 |
| total assets | 1,539,431 | 2,857,028 | 1,681,396 | 3,976,977 | 8,374,082 | 11,056,047 | 17,702,659 | 45,253,504 | 76,867,367 | 60,953,000 | 60,190,000 | 59,820,000 | 54,559,000 | 47,294,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,707,064 | 9,261,000 | 10,489,000 | 2,961,000 | 2,781,000 | 1,962,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 31,513 | 0 | 37,876 | 56,443 | 121,434 | 120,329 | 144,079 | 4,466,895 | 6,261,401 | 2,699,000 | 2,006,000 | 3,658,000 | 2,954,000 | 3,334,000 |
| Group/Directors Accounts | 0 | 1,401,606 | 8,648,348 | 10,836,242 | 1 | 1 | 0 | 0 | 1 | 14,638,000 | 6,032,000 | 4,589,000 | 3,650,000 | 2,037,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 3,792,748 | 7,916,402 | 0 | 156,902 | 0 | 0 | 9,470,000 | 7,116,000 | 3,350,000 |
| hp & lease commitments | 8,666 | 46,586 | 14,853 | 42,331 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 86,661 | 95,582 | 66,839 | 118,083 | 16,126,322 | 11,502,531 | 9,736,382 | 35,870,115 | 27,115,472 | 1,018,000 | 5,057,000 | 5,347,000 | 6,076,000 | 6,395,000 |
| total current liabilities | 126,842 | 1,543,775 | 8,767,917 | 11,053,101 | 16,247,759 | 15,415,611 | 17,796,865 | 40,337,012 | 43,240,841 | 27,616,000 | 23,584,000 | 26,025,000 | 22,577,000 | 17,078,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 8,032 | 0 | 16,338 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 737,808 | 1,917,684 | 301,436 | 258,000 | 610,000 | 0 | 0 | 0 |
| total long term liabilities | 0 | 8,032 | 0 | 16,339 | 0 | 0 | 368,904 | 958,842 | 150,718 | 258,000 | 610,000 | 0 | 0 | 0 |
| total liabilities | 126,842 | 1,551,807 | 8,767,917 | 11,069,439 | 16,247,759 | 15,415,611 | 18,165,769 | 41,295,854 | 43,391,559 | 27,874,000 | 24,194,000 | 26,025,000 | 22,577,000 | 17,078,000 |
| net assets | 1,412,590 | 1,305,221 | -7,086,521 | -7,092,462 | -7,873,676 | -4,359,564 | -463,110 | 3,957,650 | 33,475,808 | 33,079,000 | 35,996,000 | 33,795,000 | 31,982,000 | 30,216,000 |
| total shareholders funds | 1,412,590 | 1,305,221 | -7,086,521 | -7,092,462 | -7,873,676 | -4,359,563 | -463,110 | 3,957,650 | 33,475,808 | 33,079,000 | 35,996,000 | 33,795,000 | 31,982,000 | 30,216,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 76,420 | 77,912 | 28,221 | 63,127 | -3,275,469 | -3,841,830 | -6,577,739 | -21,912,466 | -4,591,127 | 2,362,000 | 9,483,000 | 5,439,000 | 3,932,000 | -1,344,000 |
| Depreciation | 12,605 | 70,683 | 66,097 | 41,589 | 18,745 | 505,858 | 26,124 | 107,367 | 134,488 | 141,000 | 142,000 | 142,000 | 132,000 | 124,000 |
| Amortisation | 44,906 | 0 | 0 | 0 | 13,854 | 1,004,591 | 34,832 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 58,300 | 0 | 0 | 0 | 0 | 0 | 2,282,299 | -5,070,086 | 933,684 | -1,389,000 | -1,431,000 | -2,010,000 | -1,913,000 | 12,069,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -979,719 | -1,095,563 | 467,282 | -14,737,000 | 3,162,000 | -2,757,000 | 5,764,000 | 10,176,000 |
| Debtors | -291,529 | 158,756 | -2,196,806 | -4,275,625 | -2,417,932 | -3,207,726 | -25,083,200 | -21,017,018 | 38,599,635 | -3,017,000 | 2,692,000 | 3,863,000 | -8,656,000 | 26,329,000 |
| Creditors | 31,513 | -37,876 | -18,567 | -64,992 | 1,105 | -23,749 | -4,322,817 | -1,794,505 | 3,562,401 | 693,000 | -1,652,000 | 704,000 | -380,000 | 3,334,000 |
| Accruals and Deferred Income | -8,921 | 28,743 | -51,244 | -16,008,239 | 4,623,791 | 1,766,149 | -26,133,733 | 8,754,643 | 26,097,472 | -4,039,000 | -290,000 | -729,000 | -319,000 | 6,395,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -737,808 | -1,179,876 | 1,616,248 | 43,436 | -352,000 | 610,000 | 0 | 0 | 0 |
| Cash flow from operations | 506,352 | -19,294 | 2,221,313 | -11,692,890 | 3,799,958 | 1,880,937 | -9,807,991 | 3,813,782 | -12,886,563 | 15,170,000 | 1,008,000 | 2,440,000 | 4,344,000 | -15,927,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -2,736,700 | -1,665,328 | -2,985,512 | -24,222,460 | 20,068,000 | 1,342,000 | 2,827,000 | 1,113,000 | 6,260,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,401,606 | -7,246,741 | -2,187,895 | 10,836,241 | 0 | 0 | 0 | -1 | -14,637,999 | 8,606,000 | 1,443,000 | 939,000 | 1,613,000 | 2,037,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -3,792,748 | -4,123,654 | 7,916,402 | -156,902 | 156,902 | 0 | -9,470,000 | 2,354,000 | 3,766,000 | 3,350,000 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -37,920 | 31,733 | -27,478 | 42,331 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -8,032 | 8,032 | -16,338 | 16,338 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -2,364 | -18,474 | -22,280 | -23,023 | -110,024 | -54,623 | -400,570 | -281,092 | -250,425 | -104,000 | -147,000 | -168,000 | -95,000 | -126,000 |
| cash flow from financing | -1,474,909 | 1,106,853 | -2,253,991 | 11,570,665 | -4,031,392 | -4,178,277 | 7,760,209 | -2,692,509 | -8,208,574 | 8,204,000 | -8,078,000 | 2,799,000 | 5,126,000 | 25,524,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -969,259 | 982,115 | -36,391 | -164,131 | -238,381 | -632,521 | 426,412 | 652,818 | -2,725 | 0 | -5,350,000 | 3,333,000 | -1,894,000 | 3,923,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,707,064 | 446,064 | -1,228,000 | 7,528,000 | 180,000 | 819,000 | 1,962,000 |
| change in cash | -969,259 | 982,115 | -36,391 | -164,131 | -238,381 | -632,521 | 426,412 | 10,359,882 | -448,789 | 1,228,000 | -12,878,000 | 3,153,000 | -2,713,000 | 1,961,000 |
quantum clothing group limited Credit Report and Business Information
Quantum Clothing Group Limited Competitor Analysis
Perform a competitor analysis for quantum clothing group limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in NG10 area or any other competitors across 12 key performance metrics.
quantum clothing group limited Ownership
QUANTUM CLOTHING GROUP LIMITED group structure
Quantum Clothing Group Limited has no subsidiary companies.
Ultimate parent company
PHOENIX VENTURES (PRIVATE) LTD
#0083681
QUANTUM CLOTHING LANKA (PRIVATE) LTD
#0101091
2 parents
QUANTUM CLOTHING GROUP LIMITED
00001812
quantum clothing group limited directors
Quantum Clothing Group Limited currently has 3 directors. The longest serving directors include Mr Mohamed Omar (Apr 2017) and Mr Anishke Gooneratne (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohamed Omar | Sri Lanka | 69 years | Apr 2017 | - | Director |
| Mr Anishke Gooneratne | Sri Lanka | 51 years | Apr 2017 | - | Director |
| Mr Hasitha Premaratne | Sri Lanka | 46 years | Sep 2021 | - | Director |
P&L
March 2023turnover
1.3m
+29%
operating profit
76.4k
-2%
gross margin
37.6%
+13.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.4m
+0.08%
total assets
1.5m
-0.46%
cash
29.9k
-0.97%
net assets
Total assets minus all liabilities
quantum clothing group limited company details
company number
00001812
Type
Private limited with Share Capital
industry
14142 - Manufacture of women's underwear
14310 - Manufacture of knitted and crocheted hosiery
14190 - Manufacture of other wearing apparel and accessories
incorporation date
January 1865
age
159
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
coats viyella clothing limited (January 2001)
cv apparel limited (January 1996)
See moreaccountant
-
auditor
BDO LLP
address
mohan business centre, tamworth road, nottingham, NG10 1BE
Bank
HSBC BANK PLC, HSBC BANK PLC, HSBC BANK PLC
Legal Advisor
-
quantum clothing group 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 found 12 charges/mortgages relating to quantum clothing group limited. Currently there are 0 open charges and 12 have been satisfied in the past.
quantum clothing group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
