Pomanda estimates the enterprise value of QUALITEST UK 4 LIMITED at £3.2m based on a Turnover of £5.7m and 0.56x industry multiple (adjusted for size and gross margin).
qualitest uk 4 limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of QUALITEST UK 4 LIMITED at £0 based on an EBITDA of £-317k and a 3.62x industry multiple (adjusted for size and gross margin).
qualitest uk 4 limitedEstimated Valuation
£1.5m
Pomanda estimates the enterprise value of QUALITEST UK 4 LIMITED at £1.5m based on Net Assets of £671k and 2.17x industry multiple (adjusted for liquidity).
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Qualitest Uk 4 LimitedOverview
Qualitest Uk 4 Limited is a dissolved company that was located in london, EC4R 9AN with a Companies House number of 04203893. It operated in the other information technology service activities sector, SIC Code 62090. Founded in April 2001, it's largest shareholder was
jupiter holdco limited
with a 100% stake. The last turnover for Qualitest Uk 4 Limited was estimated at £5.7m.
Pomanda's financial health check has awarded Qualitest Uk 4 Limited a 4 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 Rating2out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £13.1m, make it larger than the average company (£3.5m)
£13.1m - Qualitest Uk 4 Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7%)
-1% - Qualitest Uk 4 Limited
7% - Industry AVG
Production
with a gross margin of 18.8%, this company has a higher cost of product (52.8%)
18.8% - Qualitest Uk 4 Limited
52.8% - Industry AVG
Profitability
an operating margin of 6.2% make it more profitable than the average company (5.1%)
6.2% - Qualitest Uk 4 Limited
5.1% - Industry AVG
Employees
with 117 employees, this is above the industry average (36)
117 - Qualitest Uk 4 Limited
36 - Industry AVG
Pay Structure
on an average salary of £46.9k, the company has an equivalent pay structure (£57.4k)
£46.9k - Qualitest Uk 4 Limited
£57.4k - Industry AVG
Efficiency
resulting in sales per employee of £112k, this is less efficient (£149.8k)
£112k - Qualitest Uk 4 Limited
£149.8k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (60 days)
25 days - Qualitest Uk 4 Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (37 days)
6 days - Qualitest Uk 4 Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Qualitest Uk 4 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 16 weeks, this is average cash available to meet short term requirements (15 weeks)
16 weeks - Qualitest Uk 4 Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.2%, this is a similar level of debt than the average (64.5%)
68.2% - Qualitest Uk 4 Limited
64.5% - Industry AVG
QUALITEST UK 4 LIMITED financials
EXPORT
Qualitest Uk 4 Limited's latest turnover from December 2018 is £5.7 million and the company has net assets of £671 thousand. According to their latest financial statements, Qualitest Uk 4 Limited has 85 employees and maintains cash reserves of £508 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2018
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
5,705,000
13,103,000
17,340,000
20,174,000
13,316,000
13,004,000
15,820,000
16,012,000
15,026,000
13,224,000
Other Income Or Grants
Cost Of Sales
4,397,000
10,635,000
14,952,000
17,802,000
11,930,000
12,214,000
14,336,000
14,194,000
13,859,000
9,348,000
Gross Profit
1,308,000
2,468,000
2,388,000
2,372,000
1,386,000
790,000
1,484,000
1,818,000
1,167,000
3,876,000
Admin Expenses
1,638,000
1,660,000
1,584,000
820,000
544,000
322,000
393,000
406,000
418,000
2,296,000
Operating Profit
-330,000
808,000
804,000
1,552,000
842,000
468,000
1,091,000
1,412,000
749,000
1,580,000
Interest Payable
4,000
Interest Receivable
2,903
3,000
Pre-Tax Profit
-330,000
808,000
804,000
1,552,000
842,000
473,000
823,000
1,412,000
749,000
1,583,000
Tax
-302,000
-170,000
-322,000
-113,000
-303,000
-219,000
-455,000
Profit After Tax
-330,000
506,000
634,000
1,230,000
729,000
473,000
823,000
1,109,000
530,000
1,128,000
Dividends Paid
1,331,000
1,500,000
1,500,000
1,200,000
1,000,000
1,400,000
Retained Profit
-330,000
-825,000
-866,000
1,230,000
729,000
-1,027,000
823,000
-91,000
-470,000
-272,000
Employee Costs
2,755,000
5,484,000
6,151,000
5,793,000
4,510,000
4,144,000
4,230,000
4,166,000
3,932,000
4,199,000
Number Of Employees
85
117
119
104
87
87
86
86
83
75
EBITDA*
-317,000
868,000
834,000
1,606,000
898,000
541,000
1,091,000
1,426,000
763,000
1,607,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2018
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
21,000
34,000
54,000
46,000
39,000
39,000
20,000
46,000
41,000
36,000
Intangible Assets
25,000
51,000
76,000
Investments & Other
17,000
Debtors (Due After 1 year)
17,000
Total Fixed Assets
21,000
34,000
54,000
46,000
64,000
107,000
113,000
46,000
41,000
36,000
Stock & work in progress
Trade Debtors
595,000
900,000
1,543,000
3,177,000
2,174,000
1,452,000
1,393,000
1,394,000
1,921,000
2,644,000
Group Debtors
738,000
96,000
1,425,000
628,000
81,000
183,000
Misc Debtors
1,534,000
1,629,000
2,399,000
1,365,000
1,031,000
1,432,000
1,907,000
1,540,000
936,000
Cash
508,000
680,000
266,000
1,370,000
944,000
773,000
967,000
91,000
918,000
878,000
misc current assets
total current assets
2,968,000
3,114,000
4,176,000
7,042,000
5,908,000
3,884,000
3,873,000
3,575,000
4,379,000
4,458,000
total assets
2,989,000
3,148,000
4,230,000
7,088,000
5,972,000
3,991,000
3,986,000
3,621,000
4,420,000
4,494,000
Bank overdraft
Bank loan
Trade Creditors
39,000
177,000
246,000
427,000
227,000
193,000
402,000
581,000
729,000
620,000
Group/Directors Accounts
1,597,000
2,606,000
1,882,000
438,000
501,000
526,000
other short term finances
645,000
hp & lease commitments
other current liabilities
1,970,000
2,158,000
2,477,000
1,875,000
1,441,000
1,685,000
2,419,000
2,414,000
2,107,000
total current liabilities
2,318,000
2,147,000
2,404,000
4,501,000
4,708,000
3,516,000
2,525,000
3,000,000
3,644,000
3,253,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
6,000
total long term liabilities
3,000
total liabilities
2,318,000
2,147,000
2,404,000
4,501,000
4,708,000
3,516,000
2,525,000
3,000,000
3,644,000
3,256,000
net assets
671,000
1,001,000
1,826,000
2,587,000
1,264,000
475,000
1,461,000
621,000
776,000
1,238,000
total shareholders funds
671,000
1,001,000
1,826,000
2,587,000
1,264,000
475,000
1,461,000
621,000
776,000
1,238,000
Dec 2018
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
-330,000
808,000
804,000
1,552,000
842,000
468,000
1,091,000
1,412,000
749,000
1,580,000
Depreciation
13,000
60,000
30,000
29,000
30,000
45,000
14,000
14,000
17,000
Amortisation
25,000
26,000
28,000
10,000
Tax
-302,000
-170,000
-322,000
-113,000
-303,000
-219,000
-455,000
Stock
Debtors
-3,315,000
-1,476,000
-1,762,000
708,000
1,853,000
188,000
-561,000
23,000
-119,000
3,580,000
Creditors
-207,000
-69,000
-181,000
200,000
34,000
-209,000
-179,000
-148,000
109,000
620,000
Accruals and Deferred Income
-2,158,000
-188,000
-319,000
602,000
434,000
-244,000
-734,000
5,000
307,000
2,107,000
Deferred Taxes & Provisions
-6,000
6,000
Cash flow from operations
633,000
1,785,000
1,926,000
1,378,000
-600,000
-100,000
739,000
957,000
1,073,000
305,000
Investing Activities
capital expenditure
20,000
-40,000
-38,000
-36,000
-30,000
-67,000
-50,000
-19,000
-19,000
-63,000
Change in Investments
-17,000
17,000
cash flow from investments
20,000
-40,000
-38,000
-36,000
-13,000
-84,000
-50,000
-19,000
-19,000
-63,000
Financing Activities
Bank loans
Group/Directors Accounts
-1,597,000
-1,009,000
724,000
1,444,000
438,000
-501,000
-25,000
526,000
Other Short Term Loans
645,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-825,000
105,000
93,000
60,000
41,000
17,000
-64,000
8,000
1,510,000
interest
2,903
-4,000
3,000
cash flow from financing
-177,097
-1,492,000
-916,000
784,000
1,481,000
455,000
-565,000
-17,000
2,039,000
cash and cash equivalents
cash
242,000
414,000
-1,104,000
426,000
171,000
-194,000
876,000
-827,000
40,000
878,000
overdraft
change in cash
242,000
414,000
-1,104,000
426,000
171,000
-194,000
876,000
-827,000
40,000
878,000
qualitest uk 4 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 qualitest uk 4 limited. Get real-time insights into qualitest uk 4 limited's credit score, group structure and payment trends.
Perform a competitor analysis for qualitest uk 4 limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in EC4R area or any other competitors across 12 key performance metrics.
qualitest uk 4 limited Ownership
QUALITEST UK 4 LIMITED group structure
Qualitest Uk 4 Limited has no subsidiary companies.
2nd floor regis house, 45 king william street, london, ec42 9an, EC4R 9AN
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
TRAVERS SMITH
qualitest uk 4 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 qualitest uk 4 limited. Currently there are 0 open charges and 5 have been satisfied in the past.
qualitest uk 4 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 QUALITEST UK 4 LIMITED. This can take several minutes, an email will notify you when this has completed.
qualitest uk 4 limitedCompanies House Filings - See Documents
