qrims limited
qrims limited Company Information
Company Number
04893622
Next Accounts
Sep 2025
Shareholders
jeremy richard fripp
david biggins
Group Structure
View All
Industry
Business and domestic software development
Registered Address
basepoint business centre, rivermead industrial estate, riv, swindon, wiltshire, SN5 7EX
Website
www.qrims.comqrims limited Estimated Valuation
Pomanda estimates the enterprise value of QRIMS LIMITED at £152.5k based on a Turnover of £224.6k and 0.68x industry multiple (adjusted for size and gross margin).
qrims limited Estimated Valuation
Pomanda estimates the enterprise value of QRIMS LIMITED at £5.6k based on an EBITDA of £1.3k and a 4.19x industry multiple (adjusted for size and gross margin).
qrims limited Estimated Valuation
Pomanda estimates the enterprise value of QRIMS LIMITED at £29.6k based on Net Assets of £12.5k and 2.37x industry multiple (adjusted for liquidity).
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Qrims Limited Overview
Qrims Limited is a live company located in swindon, SN5 7EX with a Companies House number of 04893622. It operates in the business and domestic software development sector, SIC Code 62012. Founded in September 2003, it's largest shareholder is jeremy richard fripp with a 52% stake. Qrims Limited is a mature, micro sized company, Pomanda has estimated its turnover at £224.6k with high growth in recent years.
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Qrims Limited Health Check
Pomanda's financial health check has awarded Qrims Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £224.6k, make it smaller than the average company (£4.5m)
- Qrims Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (10.2%)
- Qrims Limited
10.2% - Industry AVG
Production
with a gross margin of 41.8%, this company has a higher cost of product (72.1%)
- Qrims Limited
72.1% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (3.5%)
- Qrims Limited
3.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (42)
3 - Qrims Limited
42 - Industry AVG
Pay Structure
on an average salary of £72.3k, the company has an equivalent pay structure (£72.3k)
- Qrims Limited
£72.3k - Industry AVG
Efficiency
resulting in sales per employee of £74.9k, this is less efficient (£122.7k)
- Qrims Limited
£122.7k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (57 days)
- Qrims Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (41 days)
- Qrims Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Qrims Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Qrims Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.3%, this is a higher level of debt than the average (62.9%)
83.3% - Qrims Limited
62.9% - Industry AVG
QRIMS LIMITED financials
Qrims Limited's latest turnover from December 2023 is estimated at £224.6 thousand and the company has net assets of £12.5 thousand. According to their latest financial statements, Qrims Limited has 3 employees and maintains cash reserves of 0 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 | |||||||||||||||
| 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 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* 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 | 4,267 | 2,289 | 4,823 | 4,477 | 1,220 | 3,576 | 5,397 | 1,710 | 1,651 | 2,753 | 1,693 | 464 | 2,561 | 5,943 | 10,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 1,167 | 1,467 | 6,877 | ||||||||||||
| Total Fixed Assets | 4,267 | 2,289 | 4,823 | 4,477 | 1,220 | 3,576 | 5,397 | 1,710 | 1,651 | 2,753 | 1,693 | 464 | 3,728 | 7,410 | 16,877 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 70,472 | 48,185 | 31,419 | 31,503 | 15,891 | 16,002 | 4,372 | 8,556 | 17,196 | 6,080 | 12,112 | 3,007 | 5,419 | 6,254 | 5,521 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,345 | ||||||||||||||
| Cash | 4 | 17 | 23 | ||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 70,472 | 48,185 | 31,419 | 31,503 | 15,891 | 16,002 | 4,372 | 9,901 | 17,196 | 6,080 | 12,112 | 3,007 | 5,423 | 6,271 | 5,544 |
| total assets | 74,739 | 50,474 | 36,242 | 35,980 | 17,111 | 19,578 | 9,769 | 11,611 | 18,847 | 8,833 | 13,805 | 3,471 | 9,151 | 13,681 | 22,421 |
| Bank overdraft | 14,077 | 13,318 | 10,011 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 36,138 | 38,118 | 21,798 | 21,183 | 18,104 | 19,767 | 14,123 | 19,163 | 39,966 | 42,203 | 41,466 | 45,712 | 27,783 | 63,871 | 58,563 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 36,138 | 38,118 | 21,798 | 21,183 | 18,104 | 19,767 | 14,123 | 19,163 | 39,966 | 42,203 | 55,543 | 59,030 | 37,794 | 63,871 | 58,563 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 26,116 | 876 | 875 | 751 | 750 | ||||||||||
| other liabilities | 2,321 | 5,106 | |||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 26,116 | 876 | 875 | 751 | 750 | 2,321 | 5,106 | ||||||||
| total liabilities | 62,254 | 38,994 | 22,673 | 21,934 | 18,854 | 19,767 | 14,123 | 19,163 | 39,966 | 42,203 | 55,543 | 59,030 | 37,794 | 66,192 | 63,669 |
| net assets | 12,485 | 11,480 | 13,569 | 14,046 | -1,743 | -189 | -4,354 | -7,552 | -21,119 | -33,370 | -41,738 | -55,559 | -28,643 | -52,511 | -41,248 |
| total shareholders funds | 12,485 | 11,480 | 13,569 | 14,046 | -1,743 | -189 | -4,354 | -7,552 | -21,119 | -33,370 | -41,738 | -55,559 | -28,643 | -52,511 | -41,248 |
| 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 | |||||||||||||||
| Depreciation | 1,894 | 952 | 2,158 | 3,382 | 4,057 | 4,410 | |||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 22,287 | 16,766 | -84 | 15,612 | -111 | 11,630 | -5,529 | -7,295 | 11,116 | -6,032 | 9,105 | -3,579 | -1,135 | -4,677 | 12,398 |
| Creditors | -1,980 | 16,320 | 615 | 3,079 | -1,663 | 5,644 | -5,040 | -20,803 | -2,237 | 737 | -4,246 | 17,929 | -36,088 | 5,308 | 58,563 |
| Accruals and Deferred Income | 25,240 | 1 | 124 | 1 | 750 | ||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -2,321 | -2,785 | 5,106 | ||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -4 | -13 | -6 | 23 | |||||||||||
| overdraft | -14,077 | 759 | 3,307 | 10,011 | |||||||||||
| change in cash | 14,077 | -759 | -3,311 | -10,024 | -6 | 23 |
qrims limited Credit Report and Business Information
Qrims Limited Competitor Analysis
Perform a competitor analysis for qrims limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SN5 area or any other competitors across 12 key performance metrics.
qrims limited Ownership
QRIMS LIMITED group structure
Qrims Limited has no subsidiary companies.
Ultimate parent company
QRIMS LIMITED
04893622
qrims limited directors
Qrims Limited currently has 2 directors. The longest serving directors include Mr Jeremy Fripp (Sep 2003) and Mr David Biggins (Oct 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeremy Fripp | United States | 55 years | Sep 2003 | - | Director |
| Mr David Biggins | 70 years | Oct 2007 | - | Director |
P&L
December 2023turnover
224.6k
+30%
operating profit
1.3k
0%
gross margin
41.9%
-0.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.5k
+0.09%
total assets
74.7k
+0.48%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
qrims limited company details
company number
04893622
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
September 2003
age
22
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
basepoint business centre, rivermead industrial estate, riv, swindon, wiltshire, SN5 7EX
Bank
-
Legal Advisor
-
qrims 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 qrims limited.
qrims 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.
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qrims limited Companies House Filings - See Documents
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