Pomanda estimates the enterprise value of Q FLOORING SYSTEMS LIMITED at £747.1k based on a Turnover of £2.1m and 0.35x industry multiple (adjusted for size and gross margin).
q flooring systems limitedEstimated Valuation
£79.4k
Pomanda estimates the enterprise value of Q FLOORING SYSTEMS LIMITED at £79.4k based on an EBITDA of £25.5k and a 3.12x industry multiple (adjusted for size and gross margin).
q flooring systems limitedEstimated Valuation
£923.7k
Pomanda estimates the enterprise value of Q FLOORING SYSTEMS LIMITED at £923.7k based on Net Assets of £505.6k and 1.83x industry multiple (adjusted for liquidity).
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Q Flooring Systems LimitedOverview
Q Flooring Systems Limited is a live company located in altrincham, WA14 5UA with a Companies House number of 02713114. It operates in the floor and wall covering sector, SIC Code 43330. Founded in May 1992, it's largest shareholder is
q flooring holdings ltd
with a 100% stake. Q Flooring Systems Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2.1m with
declining
growth in recent years.
Pomanda's financial health check has awarded Q Flooring Systems Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
4 Regular
4 Weak
Size
annual sales of £2.1m, make it larger than the average company (£285.8k)
£2.1m - Q Flooring Systems Limited
£285.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (8.8%)
-26% - Q Flooring Systems Limited
8.8% - Industry AVG
Production
with a gross margin of 30.6%, this company has a comparable cost of product (30.6%)
30.6% - Q Flooring Systems Limited
30.6% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (7.2%)
0.7% - Q Flooring Systems Limited
7.2% - Industry AVG
Employees
with 22 employees, this is above the industry average (2)
22 - Q Flooring Systems Limited
2 - Industry AVG
Pay Structure
on an average salary of £35.7k, the company has an equivalent pay structure (£35.7k)
£35.7k - Q Flooring Systems Limited
£35.7k - Industry AVG
Efficiency
resulting in sales per employee of £96.5k, this is less efficient (£147k)
£96.5k - Q Flooring Systems Limited
£147k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (51 days)
57 days - Q Flooring Systems Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (32 days)
54 days - Q Flooring Systems Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (17 days)
6 days - Q Flooring Systems Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (27 weeks)
0 weeks - Q Flooring Systems Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.7%, this is a similar level of debt than the average (59.4%)
57.7% - Q Flooring Systems Limited
59.4% - Industry AVG
Q FLOORING SYSTEMS LIMITED financials
EXPORT
Q Flooring Systems Limited's latest turnover from March 2024 is estimated at £2.1 million and the company has net assets of £505.6 thousand. According to their latest financial statements, Q Flooring Systems Limited has 22 employees and maintains cash reserves of £6.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
2,122,387
2,352,422
2,355,491
5,236,169
6,155,258
6,457,526
4,117,476
5,026,919
7,039,454
9,151,694
7,839,091
8,907,604
12,578,865
11,583,720
10,793,956
Other Income Or Grants
Cost Of Sales
1,472,216
1,634,407
1,636,539
3,733,382
4,278,335
4,783,397
2,861,177
3,552,151
4,899,405
6,207,008
5,248,410
6,042,361
8,291,002
7,639,774
7,118,903
Gross Profit
650,172
718,015
718,952
1,502,787
1,876,923
1,674,129
1,256,299
1,474,768
2,140,049
2,944,686
2,590,681
2,865,243
4,287,863
3,943,946
3,675,053
Admin Expenses
636,370
751,222
863,569
930,839
1,223,262
1,229,239
1,156,667
1,517,464
2,084,496
2,967,296
2,607,277
3,121,897
4,266,511
3,897,116
2,287,064
Operating Profit
13,802
-33,207
-144,617
571,948
653,661
444,890
99,632
-42,696
55,553
-22,610
-16,596
-256,654
21,352
46,830
1,387,989
Interest Payable
21,087
12,415
2,982
6,193
11,259
5,920
9,472
23,322
19,486
10,113
14,221
17,800
29,108
15,415
Interest Receivable
844
1,265
711
596
164
102
29
33
113
84
3
1
Pre-Tax Profit
-6,440
-44,357
-146,889
565,755
642,402
438,970
90,757
-65,854
36,169
-22,581
-26,676
-270,762
3,636
17,725
1,372,575
Tax
-115,526
-122,303
-90,906
-17,244
-7,234
-945
-4,963
-384,321
Profit After Tax
-6,440
-44,357
-146,889
450,229
520,099
348,064
73,513
-65,854
28,935
-22,581
-26,676
-270,762
2,691
12,762
988,254
Dividends Paid
Retained Profit
-6,440
-44,357
-146,889
450,229
520,099
348,064
73,513
-65,854
28,935
-22,581
-26,676
-270,762
2,691
12,762
988,254
Employee Costs
786,360
730,879
794,511
714,898
917,551
919,232
980,397
1,099,981
1,230,859
1,694,873
1,546,613
1,566,740
2,235,478
2,857,900
2,670,835
Number Of Employees
22
24
28
28
32
33
28
32
32
49
41
40
59
82
76
EBITDA*
25,457
-4,711
-107,893
613,756
705,795
497,259
140,913
-8,912
87,129
7,480
9,081
-234,333
35,250
47,996
1,393,226
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
13,601
29,381
57,877
66,401
108,209
140,744
145,104
106,510
75,964
28,690
58,780
52,247
74,568
13,360
881
Intangible Assets
Investments & Other
3,196
Debtors (Due After 1 year)
Total Fixed Assets
13,601
29,381
57,877
66,401
108,209
140,744
148,300
106,510
75,964
28,690
58,780
52,247
74,568
13,360
881
Stock & work in progress
25,771
15,771
2,019
5,771
5,771
5,771
6,771
21,147
21,147
10,147
6,147
11,243
1,771
1,771
1,771
Trade Debtors
334,766
402,955
379,618
730,965
597,443
800,352
741,342
849,927
1,424,749
1,835,920
1,713,641
1,818,181
2,522,457
2,577,576
2,285,726
Group Debtors
745,039
745,039
745,039
745,039
745,039
745,039
745,039
745,039
745,030
Misc Debtors
68,171
52,745
82,062
92,018
122,011
125,658
155,297
82,448
88,878
56,011
56,011
Cash
6,872
25,296
34,228
155,268
182,506
422,112
137,622
100,895
30,419
10,253
1,377
11,936
33,130
603
474
misc current assets
total current assets
1,180,619
1,241,806
1,242,966
1,729,061
1,652,770
2,098,932
1,786,071
1,799,456
2,310,223
1,856,320
1,721,165
1,841,360
2,557,358
2,635,961
2,343,982
total assets
1,194,220
1,271,187
1,300,843
1,795,462
1,760,979
2,239,676
1,934,371
1,905,966
2,386,187
1,885,010
1,779,945
1,893,607
2,631,926
2,649,321
2,344,863
Bank overdraft
220,997
153,878
88,364
144,689
146,742
599,562
298,675
63,880
308,487
311,822
Bank loan
Trade Creditors
220,427
332,444
301,692
512,967
341,001
438,912
737,752
739,589
775,814
1,182,118
1,035,966
822,447
1,467,306
1,226,902
882,187
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
220,895
232,092
307,903
579,219
647,249
977,019
267,614
330,881
243,355
total current liabilities
662,319
718,414
697,959
1,092,186
988,250
1,415,931
1,150,055
1,217,212
1,618,731
1,182,118
1,035,966
1,121,122
1,531,186
1,535,389
1,194,009
loans
12,500
62,500
112,816
162,500
hp & lease commitments
26,682
50,299
Accruals and Deferred Income
other liabilities
2,070
5,464
14,830
60,934
38,885
51,733
16,104
34,610
22,256
31,538
provisions
24,241
35,279
31,667
1,684
2,895
total long term liabilities
26,311
40,743
46,497
26,682
50,299
60,934
38,885
51,733
16,104
34,610
36,440
96,933
112,816
162,500
total liabilities
688,630
759,157
744,456
1,092,186
1,014,932
1,466,230
1,210,989
1,256,097
1,670,464
1,198,222
1,070,576
1,157,562
1,628,119
1,648,205
1,356,509
net assets
505,590
512,030
556,387
703,276
746,047
773,446
723,382
649,869
715,723
686,788
709,369
736,045
1,003,807
1,001,116
988,354
total shareholders funds
505,590
512,030
556,387
703,276
746,047
773,446
723,382
649,869
715,723
686,788
709,369
736,045
1,003,807
1,001,116
988,354
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
13,802
-33,207
-144,617
571,948
653,661
444,890
99,632
-42,696
55,553
-22,610
-16,596
-256,654
21,352
46,830
1,387,989
Depreciation
11,655
28,496
36,724
41,808
52,134
52,369
41,281
33,784
31,576
30,090
25,677
22,321
13,898
1,166
5,237
Amortisation
Tax
-115,526
-122,303
-90,906
-17,244
-7,234
-945
-4,963
-384,321
Stock
10,000
13,752
-3,752
-1,000
-14,376
11,000
4,000
-5,096
9,472
1,771
Debtors
-52,763
-5,980
-361,303
103,529
-206,556
29,371
-35,736
-581,243
422,737
122,279
-104,540
-704,276
-111,130
291,850
2,341,737
Creditors
-112,017
30,752
-211,275
171,966
-97,911
-298,840
-1,837
-36,225
-406,304
146,152
213,519
-644,859
240,404
344,715
882,187
Accruals and Deferred Income
-11,197
-75,811
-271,316
-68,030
-329,770
709,405
-63,267
87,526
243,355
Deferred Taxes & Provisions
-11,038
3,612
31,667
-1,684
-1,211
2,895
Cash flow from operations
-66,032
-53,930
-193,762
498,637
362,367
788,547
108,677
623,632
-516,791
27,353
330,552
-185,599
388,734
95,898
-452,416
Investing Activities
capital expenditure
4,125
-28,200
-19,599
-48,009
-79,875
-64,330
-78,850
-32,210
-75,106
-13,645
-6,118
Change in Investments
-3,196
3,196
cash flow from investments
4,125
-28,200
-19,599
-44,813
-83,071
-64,330
-78,850
-32,210
-75,106
-13,645
-6,118
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-12,500
-50,000
-50,316
-49,684
162,500
Hire Purchase and Lease Commitments
-26,682
-23,617
50,299
other long term liabilities
-3,394
-9,366
14,830
-60,934
22,049
-12,848
35,629
-18,506
12,354
-9,282
31,538
share issue
-493,000
-547,498
-298,000
3,000
100
interest
-20,243
-11,150
-2,271
-6,193
-11,259
-5,920
-8,876
-23,158
-19,384
29
-10,080
-14,108
-17,716
-29,105
-15,414
cash flow from financing
-23,637
-20,516
12,559
-525,875
-582,374
-314,555
13,173
-36,006
16,245
-18,477
-10,226
-70,390
-36,494
-78,789
147,186
cash and cash equivalents
cash
-18,424
-8,932
-121,040
-27,238
-239,606
284,490
36,727
70,476
20,166
8,876
-10,559
-21,194
32,527
129
474
overdraft
67,119
65,514
88,364
-144,689
-2,053
-452,820
599,562
-298,675
234,795
-244,607
-3,335
311,822
change in cash
-85,543
-74,446
-209,404
-27,238
-239,606
429,179
38,780
523,296
-579,396
8,876
288,116
-255,989
277,134
3,464
-311,348
q flooring systems limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for q flooring systems limited. Get real-time insights into q flooring systems limited's credit score, group structure and payment trends.
Perform a competitor analysis for q flooring systems limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WA14 area or any other competitors across 12 key performance metrics.
q flooring systems limited Ownership
Q FLOORING SYSTEMS LIMITED group structure
Q Flooring Systems Limited has no subsidiary companies.
st georges court, dairyhouse lane, altrincham, cheshire, WA14 5UA
Bank
BANK OF SCOTLAND
Legal Advisor
-
q flooring systems 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 7 charges/mortgages relating to q flooring systems limited. Currently there are 1 open charges and 6 have been satisfied in the past.
q flooring systems limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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q flooring systems limitedCompanies House Filings - See Documents
