quinn limited

Dissolved 

quinn limited Company Information

Share QUINN LIMITED

Company Number

03275716

Shareholders

michael quinn

graeme morris

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Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

122 new road side, horsforth, leeds, LS18 4QB

quinn limited Estimated Valuation

£604.1k

Pomanda estimates the enterprise value of QUINN LIMITED at £604.1k based on a Turnover of £1.5m and 0.4x industry multiple (adjusted for size and gross margin).

quinn limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of QUINN LIMITED at £2.4m based on an EBITDA of £802.3k and a 2.96x industry multiple (adjusted for size and gross margin).

quinn limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of QUINN LIMITED at £1.4m based on Net Assets of £645.6k and 2.13x industry multiple (adjusted for liquidity).

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Quinn Limited Overview

Quinn Limited is a dissolved company that was located in leeds, LS18 4QB with a Companies House number of 03275716. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 1996, it's largest shareholder was michael quinn with a 40% stake. The last turnover for Quinn Limited was estimated at £1.5m.

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Quinn Limited Health Check

Pomanda's financial health check has awarded Quinn Limited a 4.5 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 Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £1.5m, make it in line with the average company (£1.8m)

£1.5m - Quinn Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (4.4%)

-10% - Quinn Limited

4.4% - Industry AVG

production

Production

with a gross margin of 16.4%, this company has a higher cost of product (36%)

16.4% - Quinn Limited

36% - Industry AVG

profitability

Profitability

an operating margin of 46.4% make it more profitable than the average company (7.1%)

46.4% - Quinn Limited

7.1% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (31)

5 - Quinn Limited

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)

£37.7k - Quinn Limited

£37.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £299.1k, this is more efficient (£137.2k)

£299.1k - Quinn Limited

£137.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is earlier than average (41 days)

33 days - Quinn Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 223 days, this is slower than average (34 days)

223 days - Quinn Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 259 days, this is more than average (27 days)

259 days - Quinn Limited

27 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Quinn Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 64.1%, this is a similar level of debt than the average (68.8%)

64.1% - Quinn Limited

68.8% - Industry AVG

QUINN LIMITED financials

EXPORTms excel logo

Quinn Limited's latest turnover from October 2014 is estimated at £1.5 million and the company has net assets of £645.6 thousand. According to their latest financial statements, we estimate that Quinn Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover1,495,3124,236,8973,153,7192,073,3372,176,559
Other Income Or Grants
Cost Of Sales1,249,4243,529,9972,601,3451,692,3491,751,586
Gross Profit245,888706,900552,374380,988424,972
Admin Expenses-448,339684,986547,622282,647387,51023,037
Operating Profit694,22721,9144,75298,34137,462-23,037
Interest Payable
Interest Receivable1111
Pre-Tax Profit694,22721,9144,75398,34237,463-23,037
Tax-145,788-5,040-1,141-25,569-10,489
Profit After Tax548,43916,8743,61272,77326,973-23,037
Dividends Paid
Retained Profit548,43916,8743,61272,77326,973-23,037
Employee Costs188,696521,350368,297253,881282,322
Number Of Employees5141078
EBITDA*802,322107,826109,695255,674107,07221,614

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets774,542882,157788,069707,062566,114193,871
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets774,542882,157788,069707,062566,114193,871
Stock & work in progress887,975312,502187,502170,836197,36097,486
Trade Debtors135,229796,376712,716465,714487,361410,989
Group Debtors
Misc Debtors78,322
Cash26917256
misc current assets
total current assets1,023,2041,108,878978,809636,567684,977508,475
total assets1,797,7461,991,0351,766,8781,343,6291,251,091702,346
Bank overdraft
Bank loan
Trade Creditors 766,3171,723,7801,221,464823,901974,699629,150
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities766,3171,723,7801,221,464823,901974,699629,150
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities335,413119,678414,711400,925243,29777,025
provisions50,38050,38050,38042,09229,15719,206
total long term liabilities385,793170,058465,091443,017272,45496,231
total liabilities1,152,1101,893,8381,686,5551,266,9181,247,153725,381
net assets645,63697,19780,32376,7113,938-23,035
total shareholders funds645,63697,19780,32376,7113,938-23,035
Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit694,22721,9144,75298,34137,462-23,037
Depreciation108,09585,912104,943157,33369,61044,651
Amortisation
Tax-145,788-5,040-1,141-25,569-10,489
Stock575,473125,00016,666-26,52499,87497,486
Debtors-661,1475,338325,324-21,64776,372410,989
Creditors-957,463502,316397,563-150,798345,549629,150
Accruals and Deferred Income
Deferred Taxes & Provisions8,28812,9359,95119,206
Cash flow from operations-215,255474,764172,415140,413275,837161,495
Investing Activities
capital expenditure-480-180,000-185,950-298,281-441,853-238,522
Change in Investments
cash flow from investments-480-180,000-185,950-298,281-441,853-238,522
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities215,735-295,03313,786157,628166,27277,025
share issue2
interest1111
cash flow from financing215,735-295,03213,787157,629166,27377,027
cash and cash equivalents
cash-269252-239256
overdraft
change in cash-269252-239256

quinn 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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Quinn Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for quinn limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in LS18 area or any other competitors across 12 key performance metrics.

quinn limited Ownership

QUINN LIMITED group structure

Quinn Limited has no subsidiary companies.

Ultimate parent company

QUINN LIMITED

03275716

QUINN LIMITED Shareholders

michael quinn 40%
graeme morris 40%
suzzan kettleton 20%

quinn limited directors

Quinn Limited currently has 3 directors. The longest serving directors include Mr Graeme Morris (Dec 2014) and Mr Michael Quinn (Dec 2014).

officercountryagestartendrole
Mr Graeme MorrisEngland62 years Dec 2014- Director
Mr Michael QuinnEngland33 years Dec 2014- Director
Mr Michael QuinnEngland33 years Dec 2014- Director

P&L

October 2014

turnover

1.5m

-65%

operating profit

694.2k

0%

gross margin

16.5%

-1.44%

turnover

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

Balance Sheet

October 2014

net assets

645.6k

+5.64%

total assets

1.8m

-0.1%

cash

0

0%

net assets

Total assets minus all liabilities

quinn limited company details

company number

03275716

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

November 1996

age

29

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Small

last accounts submitted

October 2014

previous names

N/A

accountant

-

auditor

-

address

122 new road side, horsforth, leeds, LS18 4QB

Bank

-

Legal Advisor

-

quinn 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 5 charges/mortgages relating to quinn limited. Currently there are 3 open charges and 2 have been satisfied in the past.

quinn 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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quinn limited Companies House Filings - See Documents

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