quality purchasing systems ltd
quality purchasing systems ltd Company Information
Company Number
04410497
Website
-Registered Address
17, leckhampton place old station dr, cheltenham, gloucestershire, GL53 0DD
Industry
Management consultancy activities (other than financial management)
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
-
Next Accounts Due
January 2026
Group Structure
View All
Shareholders
philip jones 60%
cassie maund powell 40%
quality purchasing systems ltd Estimated Valuation
Pomanda estimates the enterprise value of QUALITY PURCHASING SYSTEMS LTD at £78.5k based on a Turnover of £127.8k and 0.61x industry multiple (adjusted for size and gross margin).
quality purchasing systems ltd Estimated Valuation
Pomanda estimates the enterprise value of QUALITY PURCHASING SYSTEMS LTD at £0 based on an EBITDA of £-7.8k and a 4.56x industry multiple (adjusted for size and gross margin).
quality purchasing systems ltd Estimated Valuation
Pomanda estimates the enterprise value of QUALITY PURCHASING SYSTEMS LTD at £5.2k based on Net Assets of £2.1k and 2.45x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Quality Purchasing Systems Ltd Overview
Quality Purchasing Systems Ltd is a live company located in cheltenham, GL53 0DD with a Companies House number of 04410497. It operates in the other information technology service activities sector, SIC Code 62090. Founded in April 2002, it's largest shareholder is philip jones with a 60% stake. Quality Purchasing Systems Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £127.8k with low growth in recent years.
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Quality Purchasing Systems Ltd Health Check
Pomanda's financial health check has awarded Quality Purchasing Systems Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £127.8k, make it smaller than the average company (£2.3m)
- Quality Purchasing Systems Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (8.9%)
- Quality Purchasing Systems Ltd
8.9% - Industry AVG
Production
with a gross margin of 54.1%, this company has a comparable cost of product (54.1%)
- Quality Purchasing Systems Ltd
54.1% - Industry AVG
Profitability
an operating margin of -6.5% make it less profitable than the average company (6.5%)
- Quality Purchasing Systems Ltd
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
1 - Quality Purchasing Systems Ltd
18 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)
- Quality Purchasing Systems Ltd
£52.9k - Industry AVG
Efficiency
resulting in sales per employee of £127.8k, this is equally as efficient (£127.8k)
- Quality Purchasing Systems Ltd
£127.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Quality Purchasing Systems Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Quality Purchasing Systems Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Quality Purchasing Systems Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (24 weeks)
42 weeks - Quality Purchasing Systems Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.3%, this is a higher level of debt than the average (55.4%)
70.3% - Quality Purchasing Systems Ltd
55.4% - Industry AVG
QUALITY PURCHASING SYSTEMS LTD financials
Quality Purchasing Systems Ltd's latest turnover from April 2024 is estimated at £127.8 thousand and the company has net assets of £2.1 thousand. According to their latest financial statements, Quality Purchasing Systems Ltd has 1 employee and maintains cash reserves of £4.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 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 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,698 | 2,264 | 1,031 | 692 | 923 | 1,233 | 1,097 | 2,019 | 882 | 1,177 | 1,569 | 2,092 | 2,370 | 3,159 | 3,990 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,698 | 2,264 | 1,031 | 692 | 923 | 1,233 | 1,097 | 2,019 | 882 | 1,177 | 1,569 | 2,092 | 2,370 | 3,159 | 3,990 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 12,650 | 15,197 | 14,000 | 11,700 | 7,560 |
| Trade Debtors | 0 | 1,989 | 0 | 0 | 0 | 0 | 0 | 16,380 | 18,720 | 10,030 | 187 | 110 | 101 | 141 | 10,995 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,315 | 625 | 301 | 878 | 285 | 359 | 350 | 325 | 225 | 11,599 | 2,410 | 0 | 0 | 0 | 0 |
| Cash | 4,070 | 15,254 | 18,693 | 2,794 | 19,505 | 22,008 | 51,162 | 40,872 | 28,279 | 4,810 | 11,246 | 23,338 | 22,482 | 18,407 | 5,296 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,385 | 17,868 | 18,994 | 3,672 | 19,790 | 22,367 | 51,512 | 57,577 | 47,224 | 28,439 | 26,493 | 38,645 | 36,583 | 30,248 | 23,851 |
| total assets | 7,083 | 20,132 | 20,025 | 4,364 | 20,713 | 23,600 | 52,609 | 59,596 | 48,106 | 29,616 | 28,062 | 40,737 | 38,953 | 33,407 | 27,841 |
| 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 | 0 | 0 | 60 | 0 | 40 | 60 | 40 | 40 | 40 | 29,483 | 27,289 | 35,070 | 32,238 | 31,946 | 19,769 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,463 | 2,143 | 70 | 2,740 |
| 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 | 4,976 | 10,180 | 11,469 | 3,844 | 17,306 | 20,543 | 30,371 | 38,358 | 37,245 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,976 | 10,180 | 11,529 | 3,844 | 17,346 | 20,603 | 30,411 | 38,398 | 37,285 | 29,483 | 27,289 | 37,533 | 34,381 | 32,016 | 22,509 |
| 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 | 4,976 | 10,180 | 11,529 | 3,844 | 17,346 | 20,603 | 30,411 | 38,398 | 37,285 | 29,483 | 27,289 | 37,533 | 34,381 | 32,016 | 22,509 |
| net assets | 2,107 | 9,952 | 8,496 | 520 | 3,367 | 2,997 | 22,198 | 21,198 | 10,821 | 133 | 773 | 3,204 | 4,572 | 1,391 | 5,332 |
| total shareholders funds | 2,107 | 9,952 | 8,496 | 520 | 3,367 | 2,997 | 22,198 | 21,198 | 10,821 | 133 | 773 | 3,204 | 4,572 | 1,391 | 5,332 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 566 | 756 | 343 | 231 | 310 | 412 | 506 | 672 | 295 | 392 | 523 | 698 | 789 | 1,162 | 1,331 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,000 | -10,650 | -2,547 | 1,197 | 2,300 | 4,140 | 7,560 |
| Debtors | -1,299 | 2,313 | -577 | 593 | -74 | 9 | -16,355 | -2,240 | -2,684 | 19,032 | 2,487 | 9 | -40 | -10,854 | 10,995 |
| Creditors | 0 | -60 | 60 | -40 | -20 | 20 | 0 | 0 | -29,443 | 2,194 | -7,781 | 2,832 | 292 | 12,177 | 19,769 |
| Accruals and Deferred Income | -5,204 | -1,289 | 7,625 | -13,462 | -3,237 | -9,828 | -7,987 | 1,113 | 37,245 | 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 | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| 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 | -2,463 | 320 | 2,073 | -2,670 | 2,740 |
| 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 | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -11,184 | -3,439 | 15,899 | -16,711 | -2,503 | -29,154 | 10,290 | 12,593 | 23,469 | -6,436 | -12,092 | 856 | 4,075 | 13,111 | 5,296 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -11,184 | -3,439 | 15,899 | -16,711 | -2,503 | -29,154 | 10,290 | 12,593 | 23,469 | -6,436 | -12,092 | 856 | 4,075 | 13,111 | 5,296 |
quality purchasing systems ltd Credit Report and Business Information
Quality Purchasing Systems Ltd Competitor Analysis
Perform a competitor analysis for quality purchasing systems ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in GL53 area or any other competitors across 12 key performance metrics.
quality purchasing systems ltd Ownership
QUALITY PURCHASING SYSTEMS LTD group structure
Quality Purchasing Systems Ltd has no subsidiary companies.
Ultimate parent company
QUALITY PURCHASING SYSTEMS LTD
04410497
quality purchasing systems ltd directors
Quality Purchasing Systems Ltd currently has 2 directors. The longest serving directors include Mr Philip Jones (Apr 2002) and Ms Cassie Maund Powell (Apr 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Jones | 64 years | Apr 2002 | - | Director | |
| Ms Cassie Maund Powell | 62 years | Apr 2002 | - | Director |
P&L
April 2024turnover
127.8k
+118%
operating profit
-8.3k
0%
gross margin
54.2%
+8.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
2.1k
-0.79%
total assets
7.1k
-0.65%
cash
4.1k
-0.73%
net assets
Total assets minus all liabilities
quality purchasing systems ltd company details
company number
04410497
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
70229 - Management consultancy activities (other than financial management)
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
April 2002
age
22
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
April 2024
address
17, leckhampton place old station dr, cheltenham, gloucestershire, GL53 0DD
accountant
HATS GLOUCESTER LTD
auditor
-
quality purchasing systems 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 did not find charges/mortgages relating to quality purchasing systems ltd.
quality purchasing systems ltd Companies House Filings - See Documents
| date | description | view/download |
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