Pomanda estimates the enterprise value of QUALITEST GROUP UK LTD at £46.9m based on a Turnover of £41.7m and 1.13x industry multiple (adjusted for size and gross margin).
qualitest group uk ltdEstimated Valuation
£148.8m
Pomanda estimates the enterprise value of QUALITEST GROUP UK LTD at £148.8m based on an EBITDA of £18.8m and a 7.93x industry multiple (adjusted for size and gross margin).
qualitest group uk ltdEstimated Valuation
£5.9m
Pomanda estimates the enterprise value of QUALITEST GROUP UK LTD at £5.9m based on Net Assets of £2.6m and 2.29x industry multiple (adjusted for liquidity).
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Qualitest Group Uk LtdOverview
Qualitest Group Uk Ltd is a live company located in london, EC4R 9AF with a Companies House number of 04394772. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2002, it's largest shareholder is
jupiter holdco limited
with a 100% stake. Qualitest Group Uk Ltd is a mature,
large sized company, Pomanda has estimated its turnover at
£41.7m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Qualitest Group Uk Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £41.7m, make it larger than the average company (£3.2m)
£41.7m - Qualitest Group Uk Ltd
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (8.5%)
35% - Qualitest Group Uk Ltd
8.5% - Industry AVG
Production
with a gross margin of 31.6%, this company has a higher cost of product (45.5%)
31.6% - Qualitest Group Uk Ltd
45.5% - Industry AVG
Profitability
an operating margin of 41.1% make it more profitable than the average company (5.8%)
41.1% - Qualitest Group Uk Ltd
5.8% - Industry AVG
Employees
with 468 employees, this is above the industry average (21)
468 - Qualitest Group Uk Ltd
21 - Industry AVG
Pay Structure
on an average salary of £62.9k, the company has an equivalent pay structure (£63.2k)
£62.9k - Qualitest Group Uk Ltd
£63.2k - Industry AVG
Efficiency
resulting in sales per employee of £89k, this is less efficient (£138.6k)
£89k - Qualitest Group Uk Ltd
£138.6k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is near the average (61 days)
63 days - Qualitest Group Uk Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (28 days)
4 days - Qualitest Group Uk Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Qualitest Group Uk Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (16 weeks)
1 weeks - Qualitest Group Uk Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.2%, this is a higher level of debt than the average (58.8%)
95.2% - Qualitest Group Uk Ltd
58.8% - Industry AVG
QUALITEST GROUP UK LTD financials
EXPORT
Qualitest Group Uk Ltd's latest turnover from December 2023 is £41.7 million and the company has net assets of £2.6 million. According to their latest financial statements, Qualitest Group Uk Ltd has 468 employees and maintains cash reserves of £1.8 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
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
41,659,000
42,107,000
21,789,000
16,815,947
14,412,767
8,463
8,372
4,694,225
4,673,631
3,358,026
2,863,859
3,525,073
3,195,710
3,402,246
1,098,277
Other Income Or Grants
Cost Of Sales
28,482,000
25,296,000
14,528,000
11,878,922
10,765,585
6,606
5,399
3,272,400
3,235,128
2,338,112
1,955,164
2,320,359
2,107,042
2,271,195
709,455
Gross Profit
13,177,000
16,811,000
7,261,000
4,937,025
3,647,182
1,857
2,973
1,421,825
1,438,503
1,019,913
908,695
1,204,714
1,088,667
1,131,051
388,822
Admin Expenses
-3,946,000
21,737,000
11,377,000
7,899,934
9,942,697
1,488
1,742
1,261,114
1,084,173
925,212
777,625
875,723
764,867
1,014,366
-591,629
Operating Profit
17,123,000
-4,926,000
-4,116,000
-2,962,909
-6,295,515
369
1,231
160,711
354,330
94,701
131,070
328,991
323,800
116,685
980,451
Interest Payable
59,000
1,000
5,506
5,726
11,936
13,086
14,408
21,615
29,035
14,952
Interest Receivable
850,000
3,587
3,112
1,699
6,009
4,471
4,073
3,843
2,714
1,561
873
Pre-Tax Profit
17,914,000
-4,927,000
-4,116,000
-2,962,909
-6,295,515
369
1,231
156,904
354,613
87,237
122,057
318,426
304,899
89,210
966,372
Tax
-2,856,000
2,912,000
-242
-31,381
-70,922
-18,320
-28,073
-76,422
-79,274
-24,979
-270,584
Profit After Tax
15,058,000
-2,015,000
-4,116,000
-2,962,909
-6,295,515
369
989
125,523
283,690
68,917
93,984
242,004
225,625
64,231
695,788
Dividends Paid
Retained Profit
15,058,000
-2,015,000
-4,116,000
-2,962,909
-6,295,515
369
989
125,523
283,690
68,917
93,984
242,004
225,625
64,231
695,788
Employee Costs
29,452,000
29,452,000
17,747,000
13,224,789
8,804,162
5,853,596
3,811,959
4,834,127
4,428,808
807,891
727,309
865,131
807,721
886,215
321,759
Number Of Employees
468
509
316
261
110
110
91
82
77
14
13
16
15
17
6
EBITDA*
18,760,000
-3,660,000
-3,148,000
-2,665,939
-6,184,653
22,513
19,334
185,667
376,782
231,852
148,325
349,606
345,424
156,038
1,021,763
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
286,000
466,000
505,000
896,720
537,847
67,188
19,776
19,773
35,388
289,046
422,786
393,904
413,668
626,670
664,379
Intangible Assets
1,543,000
2,074,000
1,883,000
361,705
361,705
361,705
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,829,000
2,540,000
2,388,000
1,258,425
899,552
428,893
19,776
19,773
35,388
289,046
422,786
393,904
413,668
626,670
664,379
Stock & work in progress
Trade Debtors
7,211,000
6,307,000
4,418,000
2,055,675
3,197,331
1,254,572
1,560,836
1,252,902
1,168,771
951,880
750,607
967,627
827,299
925,884
299,219
Group Debtors
23,513,000
22,383,000
12,709,000
11,910,053
14,769,078
1,291,680
605,377
Misc Debtors
20,138,000
1,609,000
1,852,000
981,577
682,625
246,052
61,218
173,894
Cash
1,839,000
2,764,000
1,991,000
3,206,898
431,067
184,415
771,990
472,801
1,517,318
886,323
902,251
727,023
810,286
275,233
349,028
misc current assets
467,000
16
16
16
16
16
16
16
16
16
16
total current assets
52,701,000
33,530,000
20,970,000
18,154,203
19,080,101
4,938,261
3,870,574
2,392,314
2,859,999
1,838,219
1,652,874
1,694,666
1,637,601
1,201,133
648,263
total assets
54,530,000
36,070,000
23,358,000
19,412,628
19,979,653
5,367,154
3,890,350
2,412,087
2,895,387
2,127,265
2,075,660
2,088,570
2,051,269
1,827,803
1,312,642
Bank overdraft
11,853
21,070
20,667
20,270
27,630
9,490
Bank loan
Trade Creditors
329,000
746,000
843,000
174,939
1,360,597
173,673
1,325,857
196,157
252,842
547,413
547,918
637,174
814,064
604,522
109,457
Group/Directors Accounts
47,441,000
45,780,000
28,877,000
22,363,598
19,273,312
9,417
other short term finances
994,063
hp & lease commitments
7,729
7,957
8,900
34,328
other current liabilities
4,156,000
1,970,000
3,999,000
3,009,722
2,577,543
631,364
966,502
total current liabilities
51,926,000
48,496,000
33,719,000
25,548,259
23,211,452
2,433,569
1,325,857
836,938
1,219,344
559,266
568,988
665,570
842,291
641,052
153,275
loans
164,339
169,996
190,928
211,454
405,722
450,557
hp & lease commitments
1,787
8,567
16,238
8,223
Accruals and Deferred Income
other liabilities
provisions
2,000
30,000
80,000
130,132
130,131
751
12,058
13,991
1,584
2,260
3,719
3,746
total long term liabilities
2,000
30,000
80,000
130,132
130,131
751
176,397
183,987
194,299
222,281
425,679
462,526
total liabilities
51,928,000
48,526,000
33,799,000
25,678,391
23,341,583
2,433,569
1,325,857
836,938
1,220,095
735,663
752,975
859,869
1,064,572
1,066,731
615,801
net assets
2,602,000
-12,456,000
-10,441,000
-6,265,763
-3,361,930
2,933,585
2,564,493
1,575,149
1,675,292
1,391,602
1,322,685
1,228,701
986,697
761,072
696,841
total shareholders funds
2,602,000
-12,456,000
-10,441,000
-6,265,763
-3,361,930
2,933,585
2,564,493
1,575,149
1,675,292
1,391,602
1,322,685
1,228,701
986,697
761,072
696,841
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
17,123,000
-4,926,000
-4,116,000
-2,962,909
-6,295,515
369
1,231
160,711
354,330
94,701
131,070
328,991
323,800
116,685
980,451
Depreciation
273,000
268,000
591,000
230,843
110,862
22,144
18,103
24,956
22,452
137,151
17,255
20,615
21,624
39,353
41,312
Amortisation
1,364,000
998,000
377,000
66,127
Tax
-2,856,000
2,912,000
-242
-31,381
-70,922
-18,320
-28,073
-76,422
-79,274
-24,979
-270,584
Stock
Debtors
20,563,000
11,320,000
4,031,695
-3,701,729
17,394,462
-1,843,996
1,179,071
967,617
390,785
201,273
-217,020
140,328
-98,585
626,665
299,219
Creditors
-417,000
-97,000
668,061
-1,185,658
1,186,924
-1,152,184
1,129,700
-351,256
-294,571
-505
-89,256
-176,890
209,542
495,065
109,457
Accruals and Deferred Income
2,186,000
-2,029,000
989,278
432,179
2,577,543
-631,364
631,364
966,502
Deferred Taxes & Provisions
-28,000
-50,000
-50,132
1
130,131
-12,058
-11,307
-1,933
12,407
-676
-1,459
-27
3,746
Cash flow from operations
-2,918,000
-14,244,000
-5,572,488
282,312
-19,684,517
714,325
-661,643
-545,281
575,699
9,821
260,423
-44,710
572,818
-568
565,163
Investing Activities
capital expenditure
-926,000
-1,418,000
-2,097,575
-655,843
-581,521
-431,261
-18,106
244,317
231,206
-3,411
-46,137
-851
191,378
-1,644
-705,691
Change in Investments
cash flow from investments
-926,000
-1,418,000
-2,097,575
-655,843
-581,521
-431,261
-18,106
244,317
231,206
-3,411
-46,137
-851
191,378
-1,644
-705,691
Financing Activities
Bank loans
Group/Directors Accounts
1,661,000
16,903,000
6,513,402
3,090,286
19,273,312
-9,417
9,417
Other Short Term Loans
-994,063
994,063
Long term loans
-164,339
-164,339
-5,657
-20,932
-20,526
-194,268
-44,835
450,557
Hire Purchase and Lease Commitments
-9,516
-7,008
-8,614
-17,413
42,551
other long term liabilities
share issue
-59,237
59,076
368,723
988,355
58,024
1,053
interest
791,000
-1,000
3,587
3,112
-3,807
283
-7,465
-9,013
-10,565
-18,901
-27,474
-14,079
cash flow from financing
2,452,000
16,902,000
6,454,165
3,149,362
18,279,249
1,366,373
982,050
-100,705
-164,056
-13,122
-39,461
-38,099
-221,783
-89,722
480,082
cash and cash equivalents
cash
-925,000
773,000
-1,215,898
2,775,831
246,652
-587,575
299,189
-413,522
630,995
-15,928
175,228
-83,263
535,053
-73,795
349,028
overdraft
-11,853
-11,853
-9,217
403
397
-7,360
18,140
9,490
change in cash
-925,000
773,000
-1,215,898
2,775,831
246,652
-587,575
299,189
-401,669
642,848
-6,711
174,825
-83,660
542,413
-91,935
339,538
qualitest group uk ltd 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 group uk ltd. Get real-time insights into qualitest group uk ltd's credit score, group structure and payment trends.
Perform a competitor analysis for qualitest group uk ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EC4R area or any other competitors across 12 key performance metrics.
qualitest group uk ltd Ownership
QUALITEST GROUP UK LTD group structure
Qualitest Group Uk Ltd has no subsidiary companies.
The sole shareholder of Qualitest Group Uk Ltd is Jupiter Holdco Limited.
jupiter holdco limited
100%
qualitest group uk ltd directors
Qualitest Group Uk Ltd currently has 2 directors.
The longest serving directors include
Mr Christopher Wilmot (May 2018) and
Mr James Feller (Jul 2020).
equitable house, 47 king william street, london, EC4R 9AF
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
qualitest group uk ltd 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 8 charges/mortgages relating to qualitest group uk ltd. Currently there are 0 open charges and 8 have been satisfied in the past.
qualitest group uk ltd 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 GROUP UK LTD. This can take several minutes, an email will notify you when this has completed.
qualitest group uk ltdCompanies House Filings - See Documents
