qolcom limited Company Information
Company Number
04049238
Next Accounts
Sep 2025
Industry
Other personal service activities n.e.c.
Shareholders
michelle reading
keith alan charles reading
View AllGroup Structure
View All
Contact
Registered Address
1 andromeda house calleva park, aldermaston, reading, berkshire, RG7 8AP
Website
www.qolcom.co.ukqolcom limited Estimated Valuation
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
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
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
6 Strong
1 Regular
5 Weak
Size
annual sales of £26.4m, make it larger than the average company (£1.1m)
£26.4m - Qolcom Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (7.8%)
- Qolcom Limited
7.8% - Industry AVG
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
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
with 41 employees, this is above the industry average (15)
41 - Qolcom Limited
15 - Industry AVG
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
resulting in sales per employee of £643.7k, this is more efficient (£100.9k)
£643.7k - Qolcom Limited
£100.9k - Industry AVG
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
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (41 days)
31 days - Qolcom Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (38 days)
3 days - Qolcom Limited
38 days - Industry AVG
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
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
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 House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 26,391,989 | 14,181,300 | |||||||||||||
Other Income Or Grants | 0 | 0 | |||||||||||||
Cost Of Sales | 19,247,988 | 9,767,862 | |||||||||||||
Gross Profit | 7,144,001 | 4,413,438 | |||||||||||||
Admin Expenses | 4,358,148 | 3,493,129 | |||||||||||||
Operating Profit | 2,785,853 | 920,309 | |||||||||||||
Interest Payable | 0 | 0 | |||||||||||||
Interest Receivable | 0 | 0 | |||||||||||||
Pre-Tax Profit | 2,785,853 | 920,309 | |||||||||||||
Tax | -657,694 | -149,974 | |||||||||||||
Profit After Tax | 2,128,159 | 770,335 | |||||||||||||
Dividends Paid | 200,000 | 10,000 | |||||||||||||
Retained Profit | 1,928,159 | 760,335 | |||||||||||||
Employee Costs | 3,872,267 | 3,007,380 | |||||||||||||
Number Of Employees | 41 | 38 | 39 | 38 | 34 | 34 | 29 | 25 | |||||||
EBITDA* | 2,792,624 | 920,309 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 10,386 | 2,409 | 6,230 | 9,699 | 4,915 | 6,659 | 17,656 | 13,585 | 16,860 | 22,071 | 20,855 | 12,860 | 9,245 | 8,226 | 3,591 |
Intangible Assets | 0 | 0 | 0 | 0 | 7,322 | 14,644 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 214,427 | 186,546 | 116,006 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 224,813 | 188,955 | 122,236 | 9,699 | 12,237 | 21,303 | 17,656 | 13,585 | 16,860 | 22,071 | 20,855 | 12,860 | 9,245 | 8,226 | 3,591 |
Stock & work in progress | 177,046 | 366,046 | 48,737 | 84,587 | 123,304 | 71,038 | 58,302 | 42,643 | 31,971 | 38,839 | 44,669 | 34,244 | 42,800 | 46,214 | 23,487 |
Trade Debtors | 3,641,209 | 2,036,746 | 2,046,104 | 4,516,066 | 1,578,825 | 1,524,473 | 1,566,155 | 1,063,897 | 639,489 | 749,275 | 903,444 | 731,733 | 536,862 | 368,668 | 608,479 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 182,203 | 196,348 | 194,805 | 204,927 | 187,347 | 277,972 | 205,917 | 241,963 | 178,511 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 5,855,576 | 3,243,302 | 2,283,545 | 1,965,455 | 1,257,011 | 1,008,335 | 898,107 | 856,869 | 933,919 | 540,045 | 644,339 | 217,514 | 129,944 | 130,648 | 92,522 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 9,856,034 | 5,842,442 | 4,573,191 | 6,771,035 | 3,146,487 | 2,881,818 | 2,728,481 | 2,205,372 | 1,783,890 | 1,328,159 | 1,592,452 | 983,491 | 709,606 | 545,530 | 724,488 |
total assets | 10,080,847 | 6,031,397 | 4,695,427 | 6,780,734 | 3,158,724 | 2,903,121 | 2,746,137 | 2,218,957 | 1,800,750 | 1,350,230 | 1,613,307 | 996,351 | 718,851 | 553,756 | 728,079 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,666,622 | 844,909 | 933,830 | 2,583,788 | 924,655 | 764,850 | 760,236 | 432,530 | 277,542 | 653,125 | 1,062,682 | 710,078 | 576,521 | 443,658 | 635,212 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 3,201,487 | 1,901,909 | 1,237,353 | 2,374,321 | 934,149 | 1,153,641 | 1,063,803 | 1,001,502 | 798,269 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 4,868,109 | 2,746,818 | 2,171,183 | 4,958,109 | 1,858,804 | 1,918,491 | 1,824,039 | 1,434,032 | 1,075,811 | 653,125 | 1,062,682 | 710,078 | 576,521 | 443,658 | 635,212 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 4,868,109 | 2,746,818 | 2,171,183 | 4,958,109 | 1,858,804 | 1,918,491 | 1,824,039 | 1,434,032 | 1,075,811 | 653,125 | 1,062,682 | 710,078 | 576,521 | 443,658 | 635,212 |
net assets | 5,212,738 | 3,284,579 | 2,524,244 | 1,822,625 | 1,299,920 | 984,630 | 922,098 | 784,925 | 724,939 | 697,105 | 550,625 | 286,273 | 142,330 | 110,098 | 92,867 |
total shareholders funds | 5,212,738 | 3,284,579 | 2,524,244 | 1,822,625 | 1,299,920 | 984,630 | 922,098 | 784,925 | 724,939 | 697,105 | 550,625 | 286,273 | 142,330 | 110,098 | 92,867 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 2,785,853 | 920,309 | |||||||||||||
Depreciation | 6,771 | 0 | 7,380 | 6,076 | 9,110 | 10,997 | 15,893 | 16,303 | 19,901 | 19,974 | 15,829 | 11,295 | 7,739 | 5,584 | 4,364 |
Amortisation | 0 | 0 | 0 | 7,322 | 7,322 | 7,322 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -657,694 | -149,974 | |||||||||||||
Stock | -189,000 | 317,309 | -35,850 | -38,717 | 52,266 | 12,736 | 15,659 | 10,672 | -6,868 | -5,830 | 10,425 | -8,556 | -3,414 | 22,727 | 23,487 |
Debtors | 1,618,199 | 62,725 | -2,364,078 | 2,954,821 | -36,273 | 30,373 | 466,212 | 487,860 | 68,725 | -154,169 | 171,711 | 194,871 | 168,194 | -239,811 | 608,479 |
Creditors | 821,713 | -88,921 | -1,649,958 | 1,659,133 | 159,805 | 4,614 | 327,706 | 154,988 | -375,583 | -409,557 | 352,604 | 133,557 | 132,863 | -191,554 | 635,212 |
Accruals and Deferred Income | 1,299,578 | 664,556 | -1,136,968 | 1,440,172 | -219,492 | 89,838 | 62,301 | 203,233 | 798,269 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 2,827,022 | 965,936 | |||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | |||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | |||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 0 | 0 | |||||||||||||
cash flow from financing | 0 | 0 | |||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 2,612,274 | 959,757 | 318,090 | 708,444 | 248,676 | 110,228 | 41,238 | -77,050 | 393,874 | -104,294 | 426,825 | 87,570 | -704 | 38,126 | 92,522 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 2,612,274 | 959,757 | 318,090 | 708,444 | 248,676 | 110,228 | 41,238 | -77,050 | 393,874 | -104,294 | 426,825 | 87,570 | -704 | 38,126 | 92,522 |
qolcom limited Credit Report and Business Information
Qolcom Limited Competitor Analysis
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 directors
Qolcom Limited currently has 6 directors. The longest serving directors include Mr Keith Reading (Aug 2000) and Ms Michelle Reading (Aug 2000).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Keith Reading | 56 years | Aug 2000 | - | Director | |
Ms Michelle Reading | 55 years | Aug 2000 | - | Director | |
Mr Shane Stevens | England | 66 years | Mar 2005 | - | Director |
Mr Leslie Needs | 72 years | Mar 2005 | - | Director | |
Mr Ewan McCabe | 62 years | May 2006 | - | Director | |
Ms Heidi Rollett | England | 54 years | Dec 2016 | - | Director |
P&L
December 2023turnover
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 2023net 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
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.
qolcom limited Companies House Filings - See Documents
date | description | view/download |
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