qolcom limited

qolcom limited Company Information

Share QOLCOM LIMITED
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MatureLargeLow

Company Number

04049238

Industry

Other personal service activities n.e.c.

 

Shareholders

michelle reading

keith alan charles reading

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Group Structure

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Contact

Registered Address

1 andromeda house calleva park, aldermaston, reading, berkshire, RG7 8AP

qolcom limited Estimated Valuation

£23.5m

Pomanda estimates the enterprise value of QOLCOM LIMITED at £23.5m based on a Turnover of £26.4m and 0.89x industry multiple (adjusted for size and gross margin).

qolcom limited Estimated Valuation

£16.2m

Pomanda estimates the enterprise value of QOLCOM LIMITED at £16.2m based on an EBITDA of £2.8m and a 5.8x industry multiple (adjusted for size and gross margin).

qolcom limited Estimated Valuation

£10.8m

Pomanda estimates the enterprise value of QOLCOM LIMITED at £10.8m based on Net Assets of £5.2m and 2.08x industry multiple (adjusted for liquidity).

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Qolcom Limited Overview

Qolcom Limited is a live company located in reading, RG7 8AP with a Companies House number of 04049238. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 2000, it's largest shareholder is michelle reading with a 27% stake. Qolcom Limited is a mature, large sized company, Pomanda has estimated its turnover at £26.4m with low growth in recent years.

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Qolcom Limited Health Check

Pomanda's financial health check has awarded Qolcom Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £26.4m, make it larger than the average company (£1.1m)

£26.4m - Qolcom Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (7.8%)

3% - Qolcom Limited

7.8% - Industry AVG

production

Production

with a gross margin of 27.1%, this company has a higher cost of product (42.3%)

27.1% - Qolcom Limited

42.3% - Industry AVG

profitability

Profitability

an operating margin of 10.6% make it more profitable than the average company (6.5%)

10.6% - Qolcom Limited

6.5% - Industry AVG

employees

Employees

with 41 employees, this is above the industry average (15)

41 - Qolcom Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £94.4k, the company has a higher pay structure (£33.6k)

£94.4k - Qolcom Limited

£33.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £643.7k, this is more efficient (£100.9k)

£643.7k - Qolcom Limited

£100.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 50 days, this is later than average (30 days)

50 days - Qolcom Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is quicker than average (41 days)

31 days - Qolcom Limited

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (38 days)

3 days - Qolcom Limited

38 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 62 weeks, this is more cash available to meet short term requirements (40 weeks)

62 weeks - Qolcom Limited

40 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 48.3%, this is a similar level of debt than the average (46.6%)

48.3% - Qolcom Limited

46.6% - Industry AVG

QOLCOM LIMITED financials

EXPORTms excel logo

Qolcom Limited's latest turnover from December 2023 is £26.4 million and the company has net assets of £5.2 million. According to their latest financial statements, Qolcom Limited has 41 employees and maintains cash reserves of £5.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover26,391,98914,181,30010,695,78923,837,1178,889,3788,389,9348,117,0025,770,2074,693,0395,953,5727,920,4855,913,6104,207,9172,966,0780
Other Income Or Grants000000000000000
Cost Of Sales19,247,9889,767,8626,357,63714,414,0945,332,2575,062,5524,853,4523,399,8832,773,0953,565,2394,634,2833,389,7192,407,9621,656,6590
Gross Profit7,144,0014,413,4384,338,1529,423,0233,557,1223,327,3823,263,5512,370,3241,919,9442,388,3343,286,2022,523,8911,799,9551,309,4200
Admin Expenses4,358,1483,493,1293,477,2678,779,3193,176,3703,257,3313,098,5892,297,5801,888,8362,205,8772,945,0422,335,3611,757,0501,286,046-10,695
Operating Profit2,785,853920,309860,885643,704380,75270,051164,96272,74431,108182,457341,160188,53042,90523,37410,695
Interest Payable000000000000000
Interest Receivable005,3111,6118,4957,1494,3872,2383,6852,9612,155869651558231
Pre-Tax Profit2,785,853920,309866,196645,315389,24777,200169,34974,98334,793185,418343,314189,39943,55723,93210,926
Tax-657,694-149,974-164,577-122,610-73,957-14,668-32,176-14,996-6,958-38,938-78,962-45,456-11,325-6,701-3,059
Profit After Tax2,128,159770,335701,619522,705315,29062,532137,17359,98627,834146,480264,352143,94332,23217,2317,867
Dividends Paid200,00010,0000000000000000
Retained Profit1,928,159760,335701,619522,705315,29062,532137,17359,98627,834146,480264,352143,94332,23217,2317,867
Employee Costs3,872,2673,007,3801,203,5991,116,036983,748957,667781,006695,4171,466,6861,821,6132,455,6581,819,3561,310,538916,6060
Number Of Employees41383938343429255165896648350
EBITDA*2,792,624920,309868,265657,102397,18488,370180,85589,04751,009202,431356,989199,82550,64428,95815,059

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets10,3862,4096,2309,6994,9156,65917,65613,58516,86022,07120,85512,8609,2458,2263,591
Intangible Assets00007,32214,644000000000
Investments & Other000000000000000
Debtors (Due After 1 year)214,427186,546116,006000000000000
Total Fixed Assets224,813188,955122,2369,69912,23721,30317,65613,58516,86022,07120,85512,8609,2458,2263,591
Stock & work in progress177,046366,04648,73784,587123,30471,03858,30242,64331,97138,83944,66934,24442,80046,21423,487
Trade Debtors3,641,2092,036,7462,046,1044,516,0661,578,8251,524,4731,566,1551,063,897639,489749,275903,444731,733536,862368,668608,479
Group Debtors000000000000000
Misc Debtors182,203196,348194,805204,927187,347277,972205,917241,963178,511000000
Cash5,855,5763,243,3022,283,5451,965,4551,257,0111,008,335898,107856,869933,919540,045644,339217,514129,944130,64892,522
misc current assets000000000000000
total current assets9,856,0345,842,4424,573,1916,771,0353,146,4872,881,8182,728,4812,205,3721,783,8901,328,1591,592,452983,491709,606545,530724,488
total assets10,080,8476,031,3974,695,4276,780,7343,158,7242,903,1212,746,1372,218,9571,800,7501,350,2301,613,307996,351718,851553,756728,079
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,666,622844,909933,8302,583,788924,655764,850760,236432,530277,542653,1251,062,682710,078576,521443,658635,212
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities3,201,4871,901,9091,237,3532,374,321934,1491,153,6411,063,8031,001,502798,269000000
total current liabilities4,868,1092,746,8182,171,1834,958,1091,858,8041,918,4911,824,0391,434,0321,075,811653,1251,062,682710,078576,521443,658635,212
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities4,868,1092,746,8182,171,1834,958,1091,858,8041,918,4911,824,0391,434,0321,075,811653,1251,062,682710,078576,521443,658635,212
net assets5,212,7383,284,5792,524,2441,822,6251,299,920984,630922,098784,925724,939697,105550,625286,273142,330110,09892,867
total shareholders funds5,212,7383,284,5792,524,2441,822,6251,299,920984,630922,098784,925724,939697,105550,625286,273142,330110,09892,867
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit2,785,853920,309860,885643,704380,75270,051164,96272,74431,108182,457341,160188,53042,90523,37410,695
Depreciation6,77107,3806,0769,11010,99715,89316,30319,90119,97415,82911,2957,7395,5844,364
Amortisation0007,3227,3227,322000000000
Tax-657,694-149,974-164,577-122,610-73,957-14,668-32,176-14,996-6,958-38,938-78,962-45,456-11,325-6,701-3,059
Stock-189,000317,309-35,850-38,71752,26612,73615,65910,672-6,868-5,83010,425-8,556-3,41422,72723,487
Debtors1,618,19962,725-2,364,0782,954,821-36,27330,373466,212487,86068,725-154,169171,711194,871168,194-239,811608,479
Creditors821,713-88,921-1,649,9581,659,133159,8054,614327,706154,988-375,583-409,557352,604133,557132,863-191,554635,212
Accruals and Deferred Income1,299,578664,556-1,136,9681,440,172-219,49289,83862,301203,233798,269000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations2,827,022965,936316,690717,693247,547125,04556,815-66,260404,880-86,065448,495101,6117,40247,78715,246
Investing Activities
capital expenditure00-3,911-10,860-7,366-21,966-19,964-13,028-14,690-21,190-23,824-14,910-8,758-10,219-7,955
Change in Investments000000000000000
cash flow from investments00-3,911-10,860-7,366-21,966-19,964-13,028-14,690-21,190-23,824-14,910-8,758-10,219-7,955
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000000000085,000
interest005,3111,6118,4957,1494,3872,2383,6852,9612,155869651558231
cash flow from financing005,3111,6118,4957,1494,3872,2383,6852,9612,15586965155885,231
cash and cash equivalents
cash2,612,274959,757318,090708,444248,676110,22841,238-77,050393,874-104,294426,82587,570-70438,12692,522
overdraft000000000000000
change in cash2,612,274959,757318,090708,444248,676110,22841,238-77,050393,874-104,294426,82587,570-70438,12692,522

qolcom 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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Qolcom Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for qolcom limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other large companies, companies in RG7 area or any other competitors across 12 key performance metrics.

qolcom limited Ownership

QOLCOM LIMITED group structure

Qolcom Limited has no subsidiary companies.

Ultimate parent company

QOLCOM LIMITED

04049238

QOLCOM LIMITED Shareholders

michelle reading 27%
keith alan charles reading 27%
shane william stevens 18%
leslie john needs 18%
ewan alastair mccabe 10%

qolcom limited directors

Qolcom Limited currently has 6 directors. The longest serving directors include Mr Keith Reading (Aug 2000) and Ms Michelle Reading (Aug 2000).

officercountryagestartendrole
Mr Keith Reading56 years Aug 2000- Director
Ms Michelle Reading55 years Aug 2000- Director
Mr Shane StevensEngland66 years Mar 2005- Director
Mr Leslie Needs72 years Mar 2005- Director
Mr Ewan McCabe62 years May 2006- Director
Ms Heidi RollettEngland54 years Dec 2016- Director

P&L

December 2023

turnover

26.4m

+86%

operating profit

2.8m

+203%

gross margin

27.1%

-13.02%

turnover

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

Balance Sheet

December 2023

net assets

5.2m

+0.59%

total assets

10.1m

+0.67%

cash

5.9m

+0.81%

net assets

Total assets minus all liabilities

qolcom limited company details

company number

04049238

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

August 2000

age

24

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

December 2023

previous names

kar consultancy services limited (December 2002)

accountant

-

auditor

BANKS & CO LIMITED

address

1 andromeda house calleva park, aldermaston, reading, berkshire, RG7 8AP

Bank

-

Legal Advisor

-

qolcom 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 did not find charges/mortgages relating to qolcom limited.

charges

qolcom limited Companies House Filings - See Documents

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