
Company Number
04233045
Next Accounts
Mar 2026
Shareholders
dr newrick kenneth reay
andrew lawrence reay
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
+1Registered Address
4th floor 95 gresham street, london, EC2V 7AB
Website
http://qcorp.co.ukPomanda estimates the enterprise value of QUEENSGATE CORPORATION LTD at £695.2k based on a Turnover of £411.8k and 1.69x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of QUEENSGATE CORPORATION LTD at £0 based on an EBITDA of £-87k and a 4.96x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of QUEENSGATE CORPORATION LTD at £2.4m based on Net Assets of £1.6m and 1.45x industry multiple (adjusted for liquidity).
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Queensgate Corporation Ltd is a live company located in london, EC2V 7AB with a Companies House number of 04233045. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2001, it's largest shareholder is dr newrick kenneth reay with a 99.6% stake. Queensgate Corporation Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £411.8k with declining growth in recent years.
Pomanda's financial health check has awarded Queensgate Corporation Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £411.8k, make it smaller than the average company (£1.5m)
- Queensgate Corporation Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.1%)
- Queensgate Corporation Ltd
5.1% - Industry AVG
Production
with a gross margin of 49.5%, this company has a comparable cost of product (49.5%)
- Queensgate Corporation Ltd
49.5% - Industry AVG
Profitability
an operating margin of -21.9% make it less profitable than the average company (17.1%)
- Queensgate Corporation Ltd
17.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Queensgate Corporation Ltd
5 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Queensgate Corporation Ltd
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £205.9k, this is equally as efficient (£226.1k)
- Queensgate Corporation Ltd
£226.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Queensgate Corporation Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Queensgate Corporation Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 1689 days, this is more than average (348 days)
- Queensgate Corporation Ltd
348 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 651 weeks, this is more cash available to meet short term requirements (9 weeks)
651 weeks - Queensgate Corporation Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2%, this is a lower level of debt than the average (69%)
2% - Queensgate Corporation Ltd
69% - Industry AVG
Queensgate Corporation Ltd's latest turnover from June 2024 is estimated at £411.8 thousand and the company has net assets of £1.6 million. According to their latest financial statements, Queensgate Corporation Ltd has 2 employees and maintains cash reserves of £424.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 8,911 | 12,197 | 15,483 | 418 | 966 | 1,514 | 2,062 | 880 | 194 | 582 | |||||
Intangible Assets | |||||||||||||||
Investments & Other | 1,800 | ||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 8,911 | 12,197 | 15,483 | 418 | 966 | 1,514 | 2,062 | 880 | 194 | 2,382 | |||||
Stock & work in progress | 962,406 | 918,273 | 784,549 | 5,176,206 | 4,291,880 | 2,961,094 | 2,241,292 | 3,232,405 | 2,129,066 | 4,822,619 | 3,564,319 | 2,905,266 | 7,789,347 | 7,359,693 | |
Trade Debtors | 3,352 | 14,162 | 32,780 | 35,735 | 41,530 | 40,596 | |||||||||
Group Debtors | |||||||||||||||
Misc Debtors | 280,440 | 107,131 | 30,987 | 251,468 | 54,496 | 42,287 | 52,278 | 472,385 | 16,933 | ||||||
Cash | 424,209 | 703,458 | 1,326,587 | 2,131,654 | 14,898 | 21,563 | 10,558 | 61,470 | 207,312 | 163,948 | 27,063 | 57,765 | 268,936 | 11,024 | 211 |
misc current assets | |||||||||||||||
total current assets | 1,667,055 | 1,728,862 | 2,142,123 | 2,383,122 | 5,245,600 | 4,355,730 | 3,023,930 | 2,775,147 | 3,456,650 | 2,296,366 | 4,863,844 | 3,654,864 | 3,209,937 | 7,841,901 | 7,400,500 |
total assets | 1,675,966 | 1,741,059 | 2,157,606 | 2,383,122 | 5,246,018 | 4,356,696 | 3,025,444 | 2,777,209 | 3,457,530 | 2,296,366 | 4,863,844 | 3,654,864 | 3,209,937 | 7,842,095 | 7,402,882 |
Bank overdraft | 1,122,000 | 2,028,000 | 1,891,100 | 1,605,000 | 4,245,000 | 4,245,000 | |||||||||
Bank loan | 1,122,000 | ||||||||||||||
Trade Creditors | 142,406 | 1,940,401 | 780,425 | 515,463 | 2,876,509 | 2,297,980 | |||||||||
Group/Directors Accounts | |||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 33,871 | 36,292 | 35,253 | 117,169 | 3,234,723 | 2,243,088 | 870,288 | 1,532,397 | 1,392,036 | ||||||
total current liabilities | 33,871 | 36,292 | 35,253 | 117,169 | 3,234,723 | 2,243,088 | 870,288 | 1,532,397 | 2,514,036 | 1,264,406 | 3,968,401 | 2,671,525 | 2,120,463 | 7,121,509 | 6,542,980 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 2,037 | 3,871 | 79 | 164 | 257 | 351 | 158 | ||||||||
total long term liabilities | 2,037 | 3,871 | 79 | 164 | 257 | 351 | 158 | ||||||||
total liabilities | 33,871 | 38,329 | 39,124 | 117,169 | 3,234,802 | 2,243,252 | 870,545 | 1,532,748 | 2,514,194 | 1,264,406 | 3,968,401 | 2,671,525 | 2,120,463 | 7,121,509 | 6,542,980 |
net assets | 1,642,095 | 1,702,730 | 2,118,482 | 2,265,953 | 2,011,216 | 2,113,444 | 2,154,899 | 1,244,461 | 943,336 | 1,031,960 | 895,443 | 983,339 | 1,089,474 | 720,586 | 859,902 |
total shareholders funds | 1,642,095 | 1,702,730 | 2,118,482 | 2,265,953 | 2,011,216 | 2,113,444 | 2,154,899 | 1,244,461 | 943,336 | 1,031,960 | 895,443 | 983,339 | 1,089,474 | 720,586 | 859,902 |
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 3,286 | 3,286 | 945 | 418 | 548 | 548 | 548 | 459 | 220 | 194 | 388 | 388 | |||
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | 44,133 | 133,724 | 784,549 | -5,176,206 | 884,326 | 1,330,786 | 719,802 | -991,113 | 1,103,339 | -2,693,553 | 1,258,300 | 659,053 | -4,884,081 | 429,654 | 7,359,693 |
Debtors | 173,309 | 76,144 | -220,481 | 196,972 | 12,209 | -9,991 | -420,107 | 455,452 | 13,581 | -10,810 | -18,618 | -2,955 | -5,795 | 934 | 40,596 |
Creditors | -142,406 | -1,797,995 | 1,159,976 | 264,962 | -2,361,046 | 578,529 | 2,297,980 | ||||||||
Accruals and Deferred Income | -2,421 | 1,039 | -81,916 | -3,117,554 | 991,635 | 1,372,800 | -662,109 | 140,361 | 1,392,036 | ||||||
Deferred Taxes & Provisions | -2,037 | -1,834 | 3,871 | -79 | -85 | -93 | -94 | 193 | 158 | ||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -1,800 | 1,800 | |||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | -1,122,000 | 1,122,000 | |||||||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -279,249 | -623,129 | -805,067 | 2,116,756 | -6,665 | 11,005 | -50,912 | -145,842 | 43,364 | 136,885 | -30,702 | -211,171 | 257,912 | 10,813 | 211 |
overdraft | -1,122,000 | -906,000 | 136,900 | 286,100 | -2,640,000 | 4,245,000 | |||||||||
change in cash | -279,249 | -623,129 | -805,067 | 2,116,756 | -6,665 | 11,005 | -50,912 | -145,842 | 1,165,364 | 1,042,885 | -167,602 | -497,271 | 2,897,912 | 10,813 | -4,244,789 |
Perform a competitor analysis for queensgate corporation ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in EC2V area or any other competitors across 12 key performance metrics.
QUEENSGATE CORPORATION LTD group structure
Queensgate Corporation Ltd has no subsidiary companies.
Ultimate parent company
QUEENSGATE CORPORATION LTD
04233045
Queensgate Corporation Ltd currently has 2 directors. The longest serving directors include Dr Newrick Reay (Jun 2001) and Mr Andrew Reay (Jun 2001).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Dr Newrick Reay | 82 years | Jun 2001 | - | Director | |
Mr Andrew Reay | United Kingdom | 54 years | Jun 2001 | - | Director |
P&L
June 2024turnover
411.8k
-7%
operating profit
-90.2k
0%
gross margin
49.6%
+1.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
1.6m
-0.04%
total assets
1.7m
-0.04%
cash
424.2k
-0.4%
net assets
Total assets minus all liabilities
company number
04233045
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
41100 - Development of building projects
incorporation date
June 2001
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
MENZIES LLP
auditor
-
address
4th floor 95 gresham street, london, EC2V 7AB
Bank
-
Legal Advisor
-
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 22 charges/mortgages relating to queensgate corporation ltd. Currently there are 22 open charges and 0 have been satisfied in the past.
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 QUEENSGATE CORPORATION LTD. This can take several minutes, an email will notify you when this has completed.
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