qubic group limited
qubic group limited Company Information
Company Number
04010368
Website
www.qubicgroup.comRegistered Address
second floor one central bouleva, central boulevard, solihull, west midlands, B90 8BG
Industry
Other business support service activities n.e.c.
Telephone
02086017000
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
wavenet limited 100%
qubic group limited Estimated Valuation
Pomanda estimates the enterprise value of QUBIC GROUP LIMITED at £377.1k based on a Turnover of £979.6k and 0.38x industry multiple (adjusted for size and gross margin).
qubic group limited Estimated Valuation
Pomanda estimates the enterprise value of QUBIC GROUP LIMITED at £0 based on an EBITDA of £-1.3m and a 3.02x industry multiple (adjusted for size and gross margin).
qubic group limited Estimated Valuation
Pomanda estimates the enterprise value of QUBIC GROUP LIMITED at £1.6m based on Net Assets of £709.1k and 2.27x industry multiple (adjusted for liquidity).
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Qubic Group Limited Overview
Qubic Group Limited is a dissolved company that was located in solihull, B90 8BG with a Companies House number of 04010368. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2000, it's largest shareholder was wavenet limited with a 100% stake. The last turnover for Qubic Group Limited was estimated at £979.6k.
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Qubic Group Limited Health Check
Pomanda's financial health check has awarded Qubic Group Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
5 Weak
Size
annual sales of £979.6k, make it smaller than the average company (£2.5m)
- Qubic Group Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -47%, show it is growing at a slower rate (1.5%)
- Qubic Group Limited
1.5% - Industry AVG
Production
with a gross margin of 15.3%, this company has a higher cost of product (36.7%)
- Qubic Group Limited
36.7% - Industry AVG
Profitability
an operating margin of -146.6% make it less profitable than the average company (5.2%)
- Qubic Group Limited
5.2% - Industry AVG
Employees
with 17 employees, this is similar to the industry average (21)
17 - Qubic Group Limited
21 - Industry AVG
Pay Structure
on an average salary of £42.7k, the company has an equivalent pay structure (£42.7k)
- Qubic Group Limited
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £57.6k, this is less efficient (£122.7k)
- Qubic Group Limited
£122.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Qubic Group Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Qubic Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Qubic Group Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Qubic Group Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Qubic Group Limited
- - Industry AVG
QUBIC GROUP LIMITED financials
Qubic Group Limited's latest turnover from April 2021 is estimated at £979.6 thousand and the company has net assets of £709.1 thousand. According to their latest financial statements, Qubic Group Limited has 17 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2021 | Oct 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,951,625 | 7,002,513 | 6,400,956 | 5,877,646 | 4,512,575 | 4,919,563 | 4,514,155 | 3,832,869 | 3,333,832 | 3,163,585 | 2,598,213 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 4,600,218 | 4,519,261 | 3,915,446 | 3,564,296 | 2,875,324 | 3,331,645 | 3,131,362 | 2,600,561 | 2,344,391 | 2,145,690 | 1,803,714 | |
| Gross Profit | 2,351,407 | 2,483,252 | 2,485,510 | 2,313,350 | 1,637,251 | 1,587,918 | 1,382,793 | 1,232,308 | 989,441 | 1,017,895 | 794,499 | |
| Admin Expenses | 1,754,714 | 1,688,565 | 1,686,564 | 1,292,139 | 1,122,660 | 1,159,851 | 1,048,663 | 905,539 | 733,572 | 745,661 | 673,776 | |
| Operating Profit | 596,693 | 794,687 | 798,946 | 1,021,211 | 514,591 | 428,067 | 334,130 | 326,769 | 255,869 | 272,234 | 120,723 | |
| Interest Payable | 30,922 | 47,234 | 40,407 | 32,900 | 28,904 | 37,485 | 28,891 | 32,002 | 27,064 | 21,423 | 25,699 | |
| Interest Receivable | 1,032 | 1,533 | 1,914 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 566,803 | 748,986 | 760,453 | 988,311 | 485,687 | 390,582 | 305,239 | 294,767 | 228,805 | 250,811 | 95,024 | |
| Tax | -123,907 | -159,136 | -144,532 | -179,471 | -122,761 | -91,073 | -34,812 | -43,149 | -40,258 | -49,892 | -9,402 | |
| Profit After Tax | 442,896 | 589,850 | 615,921 | 808,840 | 362,926 | 299,509 | 270,427 | 251,618 | 188,547 | 200,919 | 85,622 | |
| Dividends Paid | 0 | 347,203 | 385,064 | 230,459 | 225,450 | 200,285 | 185,630 | 151,558 | 144,107 | 100,143 | 42,665 | |
| Retained Profit | 442,896 | 242,647 | 230,857 | 578,381 | 137,476 | 99,224 | 84,797 | 100,060 | 44,440 | 100,776 | 42,957 | |
| Employee Costs | 1,594,461 | 1,697,676 | 1,541,581 | 1,296,561 | 1,189,032 | 1,335,657 | 1,237,155 | 1,112,246 | 948,445 | 877,376 | 676,866 | |
| Number Of Employees | 17 | 46 | 45 | 41 | 38 | 35 | 35 | 40 | 36 | 33 | 30 | 30 |
| EBITDA* | 1,007,035 | 1,150,179 | 1,118,841 | 1,201,446 | 658,369 | 675,428 | 439,721 | 392,406 | 308,196 | 308,461 | 142,834 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2021 | Oct 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 823,231 | 920,004 | 957,395 | 617,670 | 402,292 | 434,677 | 376,494 | 219,567 | 136,680 | 63,189 | 51,561 |
| Intangible Assets | 0 | 1,315,364 | 1,251,533 | 1,340,872 | 485,029 | 440,779 | 316,662 | 217,537 | 251,263 | 150,500 | 172,000 | 193,500 |
| Investments & Other | 0 | 2,400 | 2,738 | 2,738 | 2,400 | 2,400 | 2,300 | 2,000 | 2,000 | 2,000 | 1,000 | 1,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 2,140,995 | 2,174,275 | 2,301,005 | 1,105,099 | 845,471 | 753,639 | 596,031 | 472,830 | 289,180 | 236,189 | 246,061 |
| Stock & work in progress | 0 | 184,228 | 213,118 | 193,102 | 154,067 | 275,764 | 365,553 | 444,689 | 413,756 | 410,035 | 395,035 | 308,333 |
| Trade Debtors | 0 | 492,768 | 487,870 | 486,734 | 331,241 | 224,157 | 311,735 | 233,371 | 265,185 | 253,362 | 105,080 | 129,629 |
| Group Debtors | 709,125 | 41,675 | 38,933 | 32,628 | 86,224 | 27,011 | 62,186 | 73,215 | 51,255 | 0 | 0 | 0 |
| Misc Debtors | 0 | 784,468 | 507,999 | 453,118 | 412,779 | 253,522 | 351,892 | 372,392 | 361,569 | 267,093 | 243,699 | 183,442 |
| Cash | 0 | 903,691 | 495,098 | 48 | 643,323 | 164,684 | 44,316 | 86,153 | 99,565 | 97,619 | 23,505 | 26 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 709,125 | 2,406,830 | 1,743,018 | 1,165,630 | 1,627,634 | 945,138 | 1,135,682 | 1,209,820 | 1,191,330 | 1,028,109 | 767,319 | 621,430 |
| total assets | 709,125 | 4,547,825 | 3,917,293 | 3,466,635 | 2,732,733 | 1,790,609 | 1,889,321 | 1,805,851 | 1,664,160 | 1,317,289 | 1,003,508 | 867,491 |
| Bank overdraft | 0 | 0 | 0 | 81,241 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 102,216 |
| Bank loan | 0 | 163,548 | 132,608 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 360,943 | 412,629 | 358,276 | 267,276 | 234,619 | 320,290 | 424,592 | 449,257 | 430,276 | 382,026 | 293,572 |
| Group/Directors Accounts | 0 | 5,801 | 5,801 | 32,587 | 0 | 4,497 | 7,980 | 0 | 0 | 0 | 2,621 | 0 |
| other short term finances | 0 | 0 | 4,337 | 34,486 | 44,149 | 55,800 | 51,747 | 29,363 | 23,074 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 120,277 | 199,562 | 227,430 | 165,625 | 54,067 | 77,450 | 71,411 | 47,767 | 50,581 | 4,992 | 11,268 |
| other current liabilities | 0 | 1,169,783 | 708,039 | 885,048 | 663,151 | 592,629 | 648,820 | 682,934 | 670,969 | 517,789 | 374,458 | 252,572 |
| total current liabilities | 0 | 1,820,352 | 1,462,976 | 1,619,068 | 1,140,201 | 941,612 | 1,106,287 | 1,208,300 | 1,191,067 | 998,646 | 764,097 | 659,628 |
| loans | 0 | 382,727 | 494,251 | 4,337 | 38,823 | 84,701 | 141,500 | 107,588 | 66,000 | 2,000 | 1,000 | 26,000 |
| hp & lease commitments | 0 | 71,429 | 121,721 | 272,958 | 223,488 | 30,912 | 72,904 | 59,797 | 61,724 | 71,334 | 7,280 | 12,272 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30,262 | 69,498 |
| provisions | 0 | 111,670 | 119,594 | 94,168 | 84,974 | 66,518 | 39,240 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 565,826 | 735,566 | 371,463 | 347,285 | 182,131 | 253,644 | 167,385 | 127,724 | 73,334 | 38,542 | 107,770 |
| total liabilities | 0 | 2,386,178 | 2,198,542 | 1,990,531 | 1,487,486 | 1,123,743 | 1,359,931 | 1,375,685 | 1,318,791 | 1,071,980 | 802,639 | 767,398 |
| net assets | 709,125 | 2,161,647 | 1,718,751 | 1,476,104 | 1,245,247 | 666,866 | 529,390 | 430,166 | 345,369 | 245,309 | 200,869 | 100,093 |
| total shareholders funds | 709,125 | 2,161,647 | 1,718,751 | 1,476,104 | 1,245,247 | 666,866 | 529,390 | 430,166 | 345,369 | 245,309 | 200,869 | 100,093 |
| Apr 2021 | Oct 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 596,693 | 794,687 | 798,946 | 1,021,211 | 514,591 | 428,067 | 334,130 | 326,769 | 255,869 | 272,234 | 120,723 | |
| Depreciation | 86,058 | 209,035 | 190,613 | 189,608 | 126,251 | 96,828 | 109,577 | 71,865 | 44,137 | 30,827 | 14,727 | 611 |
| Amortisation | 97,765 | 201,307 | 164,879 | 130,287 | 53,984 | 46,950 | 137,784 | 33,726 | 21,500 | 21,500 | 21,500 | 21,500 |
| Tax | -123,907 | -159,136 | -144,532 | -179,471 | -122,761 | -91,073 | -34,812 | -43,149 | -40,258 | -49,892 | -9,402 | |
| Stock | -184,228 | -28,890 | 20,016 | 39,035 | -121,697 | -89,789 | -79,136 | 30,933 | 3,721 | 15,000 | 86,702 | 308,333 |
| Debtors | -609,786 | 284,109 | 62,322 | 142,236 | 325,554 | -221,123 | 46,835 | 969 | 157,554 | 171,676 | 35,708 | 313,071 |
| Creditors | -360,943 | -51,686 | 54,353 | 91,000 | 32,657 | -85,671 | -104,302 | -24,665 | 18,981 | 48,250 | 88,454 | 293,572 |
| Accruals and Deferred Income | -1,169,783 | 461,744 | -177,009 | 221,897 | 70,522 | -56,191 | -34,114 | 11,965 | 153,180 | 143,331 | 121,886 | 252,572 |
| Deferred Taxes & Provisions | -111,670 | -7,924 | 25,426 | 9,194 | 18,456 | 27,278 | 39,240 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,030,043 | 811,475 | 1,115,129 | 939,753 | 731,936 | 517,480 | 360,307 | 360,143 | 272,843 | 346,499 | 58,172 | |
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | 0 | 145,649 | -238,361 | -236,076 | -142,177 | -198,245 | -12,840 | -9,531 | -267,172 | |
| Change in Investments | -2,400 | -338 | 0 | 338 | 0 | 100 | 300 | 0 | 0 | 1,000 | 0 | 1,000 |
| cash flow from investments | 338 | 0 | -338 | 145,649 | -238,461 | -236,376 | -142,177 | -198,245 | -13,840 | -9,531 | -268,172 | |
| Financing Activities | ||||||||||||
| Bank loans | -163,548 | 30,940 | 132,608 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -5,801 | 0 | -26,786 | 32,587 | -4,497 | -3,483 | 7,980 | 0 | 0 | -2,621 | 2,621 | 0 |
| Other Short Term Loans | 0 | -4,337 | -30,149 | -9,663 | -11,651 | 4,053 | 22,384 | 6,289 | 23,074 | 0 | 0 | 0 |
| Long term loans | -382,727 | -111,524 | 489,914 | -34,486 | -45,878 | -56,799 | 33,912 | 41,588 | 64,000 | 1,000 | -25,000 | 26,000 |
| Hire Purchase and Lease Commitments | -191,706 | -129,577 | -179,105 | 111,275 | 304,134 | -65,375 | 19,146 | 21,717 | -12,424 | 109,643 | -11,268 | 23,540 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30,262 | -39,236 | 69,498 |
| share issue | ||||||||||||
| interest | -29,890 | -45,701 | -38,493 | -32,900 | -28,904 | -37,485 | -28,891 | -32,002 | -27,064 | -21,423 | -25,699 | |
| cash flow from financing | -244,388 | 340,781 | 61,220 | 209,208 | -150,508 | 45,937 | 40,703 | 42,648 | 50,696 | -94,306 | 150,475 | |
| cash and cash equivalents | ||||||||||||
| cash | -903,691 | 408,593 | 495,050 | -643,275 | 478,639 | 120,368 | -41,837 | -13,412 | 1,946 | 74,114 | 23,479 | 26 |
| overdraft | 0 | 0 | -81,241 | 81,241 | 0 | 0 | 0 | 0 | 0 | 0 | -102,216 | 102,216 |
| change in cash | -903,691 | 408,593 | 576,291 | -724,516 | 478,639 | 120,368 | -41,837 | -13,412 | 1,946 | 74,114 | 125,695 | -102,190 |
qubic group limited Credit Report and Business Information
Qubic Group Limited Competitor Analysis
Perform a competitor analysis for qubic group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
qubic group limited Ownership
QUBIC GROUP LIMITED group structure
Qubic Group Limited has 6 subsidiary companies.
Ultimate parent company
MACQUARIE GROUP LTD
#0060893
2 parents
QUBIC GROUP LIMITED
04010368
6 subsidiaries
qubic group limited directors
Qubic Group Limited currently has 8 directors. The longest serving directors include Mr William Dawson (Nov 2020) and Mr William Dawson (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Dawson | England | 61 years | Nov 2020 | - | Director |
| Mr William Dawson | United Kingdom | 61 years | Nov 2020 | - | Director |
| Mr Andrew Ashton | England | 61 years | Nov 2020 | - | Director |
| Mr William Dawson | United Kingdom | 61 years | Nov 2020 | - | Director |
| Mr Stewart Motler | United Kingdom | 47 years | May 2021 | - | Director |
| Mr Stewart Motler | England | 47 years | May 2021 | - | Director |
| Ms Venetia Cooper | England | 49 years | Feb 2022 | - | Director |
| Mrs Venetia Cooper | 49 years | Feb 2022 | - | Director |
P&L
April 2021turnover
979.6k
-86%
operating profit
-1.4m
0%
gross margin
15.3%
-54.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2021net assets
709.1k
-0.67%
total assets
709.1k
-0.84%
cash
0
-1%
net assets
Total assets minus all liabilities
qubic group limited company details
company number
04010368
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2000
age
24
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
qubic group plc (December 2020)
ambient group plc (July 2002)
incorporated
UK
address
second floor one central bouleva, central boulevard, solihull, west midlands, B90 8BG
last accounts submitted
April 2021
qubic 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 5 charges/mortgages relating to qubic group limited. Currently there are 0 open charges and 5 have been satisfied in the past.
qubic group limited Companies House Filings - See Documents
| date | description | view/download |
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