Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1
Registered Address
195 south farm road, worthing, BN14 7TW
Website
-
quicksilver despatch limitedEstimated Valuation
£616k
Pomanda estimates the enterprise value of QUICKSILVER DESPATCH LIMITED at £616k based on a Turnover of £317.9k and 1.94x industry multiple (adjusted for size and gross margin).
quicksilver despatch limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of QUICKSILVER DESPATCH LIMITED at £0 based on an EBITDA of £-302 and a 4.28x industry multiple (adjusted for size and gross margin).
quicksilver despatch limitedEstimated Valuation
£268.9k
Pomanda estimates the enterprise value of QUICKSILVER DESPATCH LIMITED at £268.9k based on Net Assets of £157.3k and 1.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Quicksilver Despatch LimitedOverview
Quicksilver Despatch Limited is a live company located in worthing, BN14 7TW with a Companies House number of 03595497. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 1998, it's largest shareholder is
steven giles thriscutt
with a 100% stake. Quicksilver Despatch Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£317.9k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Quicksilver Despatch Limited a 2 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 Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £317.9k, make it smaller than the average company (£668k)
£317.9k - Quicksilver Despatch Limited
£668k - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (5.5%)
39% - Quicksilver Despatch Limited
5.5% - Industry AVG
Production
with a gross margin of 25.1%, this company has a higher cost of product (66.9%)
25.1% - Quicksilver Despatch Limited
66.9% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (18.5%)
-0.1% - Quicksilver Despatch Limited
18.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Quicksilver Despatch Limited
5 - Industry AVG
Pay Structure
on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)
£36.2k - Quicksilver Despatch Limited
£36.2k - Industry AVG
Efficiency
resulting in sales per employee of £159k, this is equally as efficient (£139.6k)
£159k - Quicksilver Despatch Limited
£139.6k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (39 days)
102 days - Quicksilver Despatch Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 582 days, this is slower than average (34 days)
582 days - Quicksilver Despatch Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Quicksilver Despatch Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Quicksilver Despatch Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.8%, this is a higher level of debt than the average (62.4%)
86.8% - Quicksilver Despatch Limited
62.4% - Industry AVG
QUICKSILVER DESPATCH LIMITED financials
EXPORT
Quicksilver Despatch Limited's latest turnover from March 2024 is estimated at £317.9 thousand and the company has net assets of £157.3 thousand. According to their latest financial statements, Quicksilver Despatch Limited has 2 employees and maintains cash reserves of 0 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
Jul 2009
Turnover
317,943
262,613
127,744
117,418
107,313
86,198
18,374
50,461
61,428
255,495
198,604
202,997
88,303
121,315
25,518
38,513
Other Income Or Grants
Cost Of Sales
238,258
196,862
96,974
88,809
80,192
64,384
13,533
36,185
45,678
198,625
154,641
162,160
70,563
97,251
185
1,780
Gross Profit
79,686
65,752
30,770
28,609
27,121
21,814
4,840
14,276
15,750
56,870
43,964
40,837
17,740
24,064
25,333
36,733
Admin Expenses
79,988
72,299
49,265
7,552
14,232
1,077
-21,917
-42,099
-37,001
34,214
-8,963
-24,483
-42,988
-11,484
12,109
19,299
Operating Profit
-302
-6,547
-18,495
21,057
12,889
20,737
26,757
56,375
52,751
22,656
52,927
65,320
60,728
35,548
13,224
17,434
Interest Payable
20,529
33,110
25,954
26,453
25,877
26,410
26,932
28,570
20,066
5,840
8,760
Interest Receivable
88
149
72
748
694
5
5
3
3
1
72
Pre-Tax Profit
-302
-6,547
-18,495
21,057
12,889
296
-6,204
30,494
27,045
-2,527
26,522
38,392
32,161
15,485
7,385
8,746
Tax
-4,001
-2,449
-56
-6,099
-5,409
-6,100
-9,214
-8,362
-4,336
-1,700
-1,650
Profit After Tax
-302
-6,547
-18,495
17,056
10,440
240
-6,204
24,395
21,636
-2,527
20,422
29,178
23,799
11,149
5,685
7,096
Dividends Paid
Retained Profit
-302
-6,547
-18,495
17,056
10,440
240
-6,204
24,395
21,636
-2,527
20,422
29,178
23,799
11,149
5,685
7,096
Employee Costs
72,437
69,718
66,484
62,042
30,558
30,130
29,116
28,711
30,868
29,430
28,719
27,745
27,813
27,454
6,120
9,060
Number Of Employees
2
2
2
2
1
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
-302
-6,547
-18,495
21,057
12,889
20,737
30,564
60,297
54,115
22,656
52,927
65,320
60,728
35,548
13,224
17,434
* 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
Jul 2009
Tangible Assets
1,099,255
1,099,255
1,099,255
1,099,255
1,099,255
1,025,644
6,250
10,057
835,670
299,402
Intangible Assets
Investments & Other
1,023,144
824,445
811,026
616,682
616,682
616,682
594,218
299,402
Debtors (Due After 1 year)
Total Fixed Assets
1,099,255
1,099,255
1,099,255
1,099,255
1,099,255
1,025,644
1,029,394
834,502
835,670
811,026
616,682
616,682
616,682
594,218
299,402
299,402
Stock & work in progress
Trade Debtors
89,274
79,674
7,837
8,082
5,849
6,625
325
1,961
40,132
39,982
11,557
21,260
Group Debtors
Misc Debtors
6,342
1,600
1,480
4,556
4,556
Cash
23,424
36,134
21,493
277,558
235
1,892
70
980
278
1,116
misc current assets
total current assets
89,274
79,674
7,837
8,082
5,849
6,625
30,091
37,734
22,973
279,519
40,367
41,874
11,627
22,240
4,834
5,672
total assets
1,188,529
1,178,929
1,107,092
1,107,337
1,105,104
1,032,269
1,059,485
872,236
858,643
1,090,545
657,049
658,556
628,309
616,458
304,236
305,074
Bank overdraft
12,640
9,355
7,000
Bank loan
Trade Creditors
380,445
356,604
371,915
334,888
356,753
280,736
553,450
109,115
122,960
113,901
111,462
990
1,350
Group/Directors Accounts
82,444
92,222
other short term finances
hp & lease commitments
other current liabilities
295,068
298,532
299,117
30,979
27,364
total current liabilities
380,445
356,604
371,915
334,888
356,753
280,736
307,708
307,887
306,117
553,450
109,115
122,960
113,901
111,462
114,413
120,936
loans
595,620
401,164
412,997
393,952
402,264
410,348
418,338
460,725
156,701
156,701
hp & lease commitments
Accruals and Deferred Income
other liabilities
650,822
664,761
571,066
589,843
582,801
595,948
28,000
28,000
28,000
28,000
provisions
475
1,187
2,011
2,750
total long term liabilities
650,822
664,761
571,066
589,843
582,801
596,423
596,807
403,175
415,747
421,952
430,264
438,348
446,338
460,725
156,701
156,701
total liabilities
1,031,267
1,021,365
942,981
924,731
939,554
877,159
904,515
711,062
721,864
975,402
539,379
561,308
560,239
572,187
271,114
277,637
net assets
157,262
157,564
164,111
182,606
165,550
155,110
154,970
161,174
136,779
115,143
117,670
97,248
68,070
44,271
33,122
27,437
total shareholders funds
157,262
157,564
164,111
182,606
165,550
155,110
154,970
161,174
136,779
115,143
117,670
97,248
68,070
44,271
33,122
27,437
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
Jul 2009
Operating Activities
Operating Profit
-302
-6,547
-18,495
21,057
12,889
20,737
26,757
56,375
52,751
22,656
52,927
65,320
60,728
35,548
13,224
17,434
Depreciation
3,807
3,922
1,364
Amortisation
Tax
-4,001
-2,449
-56
-6,099
-5,409
-6,100
-9,214
-8,362
-4,336
-1,700
-1,650
Stock
Debtors
9,600
71,837
-245
2,233
-776
-42
5,067
120
-481
-38,171
150
28,425
-9,703
16,704
4,556
Creditors
23,841
-15,311
37,027
-21,865
76,017
280,736
-553,450
444,335
-13,845
9,059
2,439
110,472
-360
1,350
Accruals and Deferred Income
-295,068
-3,464
-585
299,117
-30,979
3,615
27,364
Deferred Taxes & Provisions
-475
-712
-824
-739
2,750
Cash flow from operations
13,939
-93,695
18,777
-7,042
86,758
5,679
21,209
52,754
-202,396
505,162
32,832
36,740
64,508
94,001
14,779
39,942
Investing Activities
capital expenditure
-73,611
-1,019,394
821,691
-837,034
299,402
-299,402
Change in Investments
-1,023,144
198,699
824,445
-811,026
194,344
22,464
294,816
299,402
cash flow from investments
-73,611
3,750
-198,699
-2,754
-26,008
-194,344
-22,464
-294,816
-299,402
Financing Activities
Bank loans
Group/Directors Accounts
-82,444
-9,778
92,222
Other Short Term Loans
Long term loans
-595,620
194,456
-11,833
19,045
-8,312
-8,084
-7,990
-42,387
304,024
156,701
Hire Purchase and Lease Commitments
other long term liabilities
-13,939
93,695
-18,777
7,042
-13,147
595,948
-28,000
28,000
share issue
-100
20,341
interest
-20,441
-32,961
-25,882
-25,705
-25,183
-26,405
-26,927
-28,567
-20,063
-5,839
-8,688
cash flow from financing
-13,939
93,695
-18,777
7,042
-13,147
-20,213
161,495
-37,715
-34,660
-33,495
-34,489
-34,917
-42,954
201,517
-15,617
260,576
cash and cash equivalents
cash
-23,424
-12,710
14,641
-256,065
277,323
-1,657
1,822
-910
702
-838
1,116
overdraft
-12,640
3,285
2,355
7,000
change in cash
-10,784
-15,995
12,286
-263,065
277,323
-1,657
1,822
-910
702
-838
1,116
quicksilver despatch 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 quicksilver despatch limited. Get real-time insights into quicksilver despatch limited's credit score, group structure and payment trends.
Perform a competitor analysis for quicksilver despatch limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BN14 area or any other competitors across 12 key performance metrics.
quicksilver despatch limited Ownership
QUICKSILVER DESPATCH LIMITED group structure
Quicksilver Despatch Limited has no subsidiary companies.
Ultimate parent company
QUICKSILVER DESPATCH LIMITED
03595497
QUICKSILVER DESPATCH LIMITED Shareholders
The sole shareholder of Quicksilver Despatch Limited is Steven Giles Thriscutt.
steven giles thriscutt
100%
quicksilver despatch limited directors
Quicksilver Despatch Limited currently has 2 directors.
The longest serving directors include
Mr Steven Thriscutt (Jul 1998) and
Mr Mark Nicholson (Mar 2020).
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68320 - Management of real estate on a fee or contract basis
incorporation date
July 1998
age
27
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
THL ACCOUNTANCY LTD
auditor
-
address
195 south farm road, worthing, BN14 7TW
Bank
ABBEY NATIONAL PLC
Legal Advisor
-
quicksilver despatch 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 9 charges/mortgages relating to quicksilver despatch limited. Currently there are 8 open charges and 1 have been satisfied in the past.
quicksilver despatch 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.
Click to start generating capital raising & share issue transactions for QUICKSILVER DESPATCH LIMITED. This can take several minutes, an email will notify you when this has completed.
quicksilver despatch limitedCompanies House Filings - See Documents
