quickline communications limited
quickline communications limited Company Information
Company Number
05034183
Next Accounts
Sep 2025
Shareholders
qcl holdings limited
Group Structure
View All
Industry
Wireless telecommunications activities
Registered Address
the mill house albion mills, albion lane, willerby, HU10 6DN
Website
www.quickline.co.ukquickline communications limited Estimated Valuation
Pomanda estimates the enterprise value of QUICKLINE COMMUNICATIONS LIMITED at £3.4m based on a Turnover of £3m and 1.13x industry multiple (adjusted for size and gross margin).
quickline communications limited Estimated Valuation
Pomanda estimates the enterprise value of QUICKLINE COMMUNICATIONS LIMITED at £0 based on an EBITDA of £-15.4m and a 4.06x industry multiple (adjusted for size and gross margin).
quickline communications limited Estimated Valuation
Pomanda estimates the enterprise value of QUICKLINE COMMUNICATIONS LIMITED at £0 based on Net Assets of £-48.5m and 2.54x industry multiple (adjusted for liquidity).
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Quickline Communications Limited Overview
Quickline Communications Limited is a live company located in willerby, HU10 6DN with a Companies House number of 05034183. It operates in the wireless telecommunications activities sector, SIC Code 61200. Founded in February 2004, it's largest shareholder is qcl holdings limited with a 100% stake. Quickline Communications Limited is a mature, small sized company, Pomanda has estimated its turnover at £3m with declining growth in recent years.
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Quickline Communications Limited Health Check
Pomanda's financial health check has awarded Quickline Communications Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 7 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
7 Weak
Size
annual sales of £3m, make it smaller than the average company (£7.5m)
£3m - Quickline Communications Limited
£7.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (5.9%)
- Quickline Communications Limited
5.9% - Industry AVG
Production
with a gross margin of 61.8%, this company has a lower cost of product (38.7%)
61.8% - Quickline Communications Limited
38.7% - Industry AVG
Profitability
an operating margin of -921.1% make it less profitable than the average company (3.6%)
-921.1% - Quickline Communications Limited
3.6% - Industry AVG
Employees
with 248 employees, this is above the industry average (36)
248 - Quickline Communications Limited
36 - Industry AVG
Pay Structure
on an average salary of £51.5k, the company has a lower pay structure (£66.1k)
£51.5k - Quickline Communications Limited
£66.1k - Industry AVG
Efficiency
resulting in sales per employee of £12.1k, this is less efficient (£194.7k)
£12.1k - Quickline Communications Limited
£194.7k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (47 days)
28 days - Quickline Communications Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 782 days, this is slower than average (46 days)
782 days - Quickline Communications Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 1204 days, this is more than average (34 days)
1204 days - Quickline Communications Limited
34 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (10 weeks)
5 weeks - Quickline Communications Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 156.2%, this is a higher level of debt than the average (57.7%)
156.2% - Quickline Communications Limited
57.7% - Industry AVG
QUICKLINE COMMUNICATIONS LIMITED financials
Quickline Communications Limited's latest turnover from December 2023 is £3 million and the company has net assets of -£48.5 million. According to their latest financial statements, Quickline Communications Limited has 248 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,992,000 | 2,827,000 | 3,169,000 | 3,074,755 | 1,881,098 | 2,276,129 | |||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 1,142,000 | 3,120,000 | 1,415,000 | 792,766 | 809,415 | 996,736 | |||||||||
| Gross Profit | 1,850,000 | -293,000 | 1,754,000 | 2,281,989 | 1,071,683 | 1,279,393 | |||||||||
| Admin Expenses | 29,408,000 | 12,838,000 | 4,105,000 | 1,734,248 | 1,012,913 | 1,177,401 | |||||||||
| Operating Profit | -27,558,000 | -13,131,000 | -2,351,000 | 547,741 | 58,770 | 101,992 | |||||||||
| Interest Payable | 4,271,000 | 1,625,000 | 281,000 | 19,736 | 10,500 | 21,222 | |||||||||
| Interest Receivable | 98,000 | 63,000 | 12 | ||||||||||||
| Pre-Tax Profit | -31,981,000 | -14,693,000 | -2,632,000 | 528,005 | 48,270 | 80,782 | |||||||||
| Tax | 440,000 | -165,000 | 97,289 | ||||||||||||
| Profit After Tax | -31,981,000 | -14,253,000 | -2,797,000 | 528,005 | 48,270 | 178,071 | |||||||||
| Dividends Paid | 16,173 | 10,000 | |||||||||||||
| Retained Profit | -31,981,000 | -14,253,000 | -2,797,000 | 528,005 | 32,097 | 168,071 | |||||||||
| Employee Costs | 12,778,000 | 7,715,000 | 3,275,000 | ||||||||||||
| Number Of Employees | 248 | 126 | 56 | 30 | 33 | 20 | 15 | 15 | |||||||
| EBITDA* | -15,385,000 | -8,185,000 | -517,000 | 1,692,075 | 544,013 | 101,992 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 72,520,000 | 36,774,000 | 16,536,000 | 6,335,293 | 2,595,582 | 2,365,511 | 2,454,389 | 2,724,797 | 2,417,106 | 928,671 | 301,013 | 113,309 | 67,321 | 42,970 | 17,105 |
| Intangible Assets | 144,000 | 127,459 | 2,668 | 3,001 | 3,500 | 4,000 | 4,500 | ||||||||
| Investments & Other | 420,000 | 45,000 | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 72,664,000 | 36,774,000 | 16,536,000 | 6,462,752 | 2,595,582 | 2,365,511 | 2,877,057 | 2,727,798 | 2,465,606 | 932,671 | 305,513 | 113,309 | 67,321 | 42,970 | 17,105 |
| Stock & work in progress | 3,768,000 | 5,843,000 | 4,552,000 | 204,404 | 184,327 | 169,657 | 141,837 | 163,433 | 306,716 | 7,000 | 4,000 | 2,325 | 2,325 | 4,425 | 4,110 |
| Trade Debtors | 231,000 | 154,000 | 417,000 | 218,385 | 205,094 | 138,701 | 175,887 | 161,675 | 159,375 | 476,887 | 42,049 | 155,155 | 121,815 | 93,703 | 16,259 |
| Group Debtors | 2,460,000 | 2,130,000 | 14,000 | ||||||||||||
| Misc Debtors | 5,642,000 | 1,665,000 | 2,051,000 | 854,923 | 367,102 | 225,978 | 37,936 | 112,090 | 96,312 | ||||||
| Cash | 1,635,000 | 1,799,000 | 4,647,000 | 259,472 | 362,304 | 582,420 | 35,347 | 13,935 | 50,551 | 90,442 | 44,649 | 1,612 | 1,164 | 119 | 1,366 |
| misc current assets | |||||||||||||||
| total current assets | 13,736,000 | 11,591,000 | 11,681,000 | 1,537,184 | 1,118,827 | 1,116,756 | 391,007 | 451,133 | 612,954 | 574,329 | 90,698 | 159,092 | 125,304 | 98,247 | 21,735 |
| total assets | 86,400,000 | 48,365,000 | 28,217,000 | 7,999,936 | 3,714,409 | 3,482,267 | 3,268,064 | 3,178,931 | 3,078,560 | 1,507,000 | 396,211 | 272,401 | 192,625 | 141,217 | 38,840 |
| Bank overdraft | 5,984 | 368 | 52,387 | 45,706 | 1,852 | 6,300 | 19,221 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,448,000 | 1,899,000 | 1,736,000 | 2,259,199 | 589,316 | 470,244 | 259,937 | 231,078 | 151,484 | 365,190 | 204,258 | 155,958 | 83,169 | 57,853 | 42,233 |
| Group/Directors Accounts | 3,550,245 | 1,569,970 | 782,117 | 432,730 | 3,975 | 326 | |||||||||
| other short term finances | 108,960 | 435,188 | 402,979 | 196,644 | |||||||||||
| hp & lease commitments | 1,481,000 | 1,023,000 | 418,000 | 36,816 | 37,471 | 43,097 | 32,498 | 29,498 | 18,550 | ||||||
| other current liabilities | 12,719,000 | 9,126,000 | 4,267,000 | 1,342,953 | 431,482 | 463,784 | 283,542 | 241,069 | 94,463 | 47,500 | |||||
| total current liabilities | 16,648,000 | 12,048,000 | 6,421,000 | 7,195,197 | 2,628,239 | 1,868,570 | 1,443,895 | 960,986 | 507,173 | 414,542 | 210,558 | 175,179 | 83,169 | 57,853 | 42,233 |
| loans | 108,747,000 | 46,421,000 | 19,996,000 | 11,527 | 205,809 | 386,433 | 1,975 | 8,665 | |||||||
| hp & lease commitments | 9,554,000 | 6,464,000 | 3,675,000 | 104,410 | 77,829 | 96,446 | 86,711 | 86,049 | 42,667 | ||||||
| Accruals and Deferred Income | 1,867,058 | ||||||||||||||
| other liabilities | 406,667 | 45,035 | 43,192 | 62,651 | 72,109 | 81,048 | |||||||||
| provisions | 440,000 | 100,165 | 117,597 | 35,891 | 72,535 | 40,272 | 17,901 | 10,203 | |||||||
| total long term liabilities | 118,301,000 | 52,885,000 | 24,111,000 | 204,575 | 195,426 | 96,446 | 98,238 | 291,858 | 2,332,049 | 479,202 | 87,282 | 69,758 | 72,854 | 72,109 | 81,048 |
| total liabilities | 134,949,000 | 64,933,000 | 30,532,000 | 7,399,772 | 2,823,665 | 1,965,016 | 1,542,133 | 1,252,844 | 2,839,222 | 893,744 | 297,840 | 244,937 | 156,023 | 129,962 | 123,281 |
| net assets | -48,549,000 | -16,568,000 | -2,315,000 | 600,164 | 890,744 | 1,517,251 | 1,725,931 | 1,926,087 | 239,338 | 613,256 | 98,371 | 27,464 | 36,602 | 11,255 | -84,441 |
| total shareholders funds | -48,549,000 | -16,568,000 | -2,315,000 | 600,164 | 890,744 | 1,517,251 | 1,725,931 | 1,926,087 | 239,338 | 613,256 | 98,371 | 27,464 | 36,602 | 11,255 | -84,441 |
| Dec 2023 | Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -27,558,000 | -13,131,000 | -2,351,000 | 547,741 | 58,770 | 101,992 | |||||||||
| Depreciation | 6,014,000 | 2,473,000 | 1,834,000 | 940,799 | 976,549 | 1,141,666 | 484,910 | 324,229 | 188,404 | 82,314 | 26,960 | 14,369 | 9,025 | 3,689 | |
| Amortisation | 6,159,000 | 2,473,000 | 2,668 | 333 | 500 | 500 | 500 | ||||||||
| Tax | 440,000 | -165,000 | 97,289 | ||||||||||||
| Stock | -2,075,000 | 1,291,000 | 4,347,596 | 20,077 | 14,670 | 27,820 | -164,879 | -143,283 | 299,716 | 3,000 | 1,675 | -2,100 | 315 | 4,110 | |
| Debtors | 4,384,000 | 1,467,000 | 1,408,692 | 501,112 | 207,517 | 150,856 | -41,864 | 18,078 | -221,200 | 434,838 | -113,106 | 33,340 | 28,112 | 77,444 | 16,259 |
| Creditors | 549,000 | 163,000 | -523,199 | 1,669,883 | 119,072 | 210,307 | 108,453 | 79,594 | -213,706 | 160,932 | 48,300 | 72,789 | 25,316 | 15,620 | 42,233 |
| Accruals and Deferred Income | 3,593,000 | 4,859,000 | 2,924,047 | 911,471 | -32,302 | 180,242 | -1,677,979 | -1,720,452 | 1,914,021 | 47,500 | |||||
| Deferred Taxes & Provisions | -440,000 | 339,835 | -17,432 | 117,597 | -35,891 | -35,891 | -36,644 | 32,263 | 22,371 | 7,698 | 10,203 | ||||
| Cash flow from operations | -13,552,000 | -5,921,000 | -3,697,605 | 1,903,948 | -854,661 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -420,000 | 375,000 | -45,000 | 45,000 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -3,550,245 | 1,980,275 | 787,853 | 349,387 | 432,404 | 3,649 | 326 | ||||||||
| Other Short Term Loans | -108,960 | -326,228 | 238,544 | 206,335 | 196,644 | ||||||||||
| Long term loans | 62,326,000 | 26,425,000 | 19,996,000 | -11,527 | -374,906 | -180,624 | 386,433 | -1,975 | -6,690 | 8,665 | |||||
| Hire Purchase and Lease Commitments | 3,548,000 | 3,394,000 | 3,951,774 | 25,926 | -24,243 | 20,334 | 57,992 | 54,330 | 61,217 | ||||||
| other long term liabilities | -406,667 | 361,632 | 1,843 | -19,459 | -9,458 | -8,939 | 81,048 | ||||||||
| share issue | |||||||||||||||
| interest | -4,173,000 | -1,562,000 | -281,000 | -19,736 | -10,500 | -21,210 | |||||||||
| cash flow from financing | 61,701,000 | 28,257,000 | 19,998,365 | -724,455 | 1,798,030 | 1,581,158 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -164,000 | -2,848,000 | 4,387,528 | -102,832 | -220,116 | 547,073 | -15,204 | -36,616 | -39,891 | 45,793 | 43,037 | 448 | 1,045 | -1,247 | 1,366 |
| overdraft | -5,984 | 5,984 | -368 | 368 | -45,706 | 6,681 | 43,854 | -4,448 | -12,921 | 19,221 | |||||
| change in cash | -164,000 | -2,848,000 | 4,393,512 | -108,816 | -219,748 | 546,705 | 30,502 | -43,297 | -83,745 | 50,241 | 55,958 | -18,773 | 1,045 | -1,247 | 1,366 |
quickline communications limited Credit Report and Business Information
Quickline Communications Limited Competitor Analysis
Perform a competitor analysis for quickline communications limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in HU10 area or any other competitors across 12 key performance metrics.
quickline communications limited Ownership
QUICKLINE COMMUNICATIONS LIMITED group structure
Quickline Communications Limited has no subsidiary companies.
Ultimate parent company
NCP UK FIBRE AGGREGATOR PARTNERSHIP
#0156328
2 parents
QUICKLINE COMMUNICATIONS LIMITED
05034183
quickline communications limited directors
Quickline Communications Limited currently has 10 directors. The longest serving directors include Mr Paul Howard (Aug 2019) and Mr Frank Waters (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Howard | 56 years | Aug 2019 | - | Director | |
| Mr Frank Waters | United Kingdom | 59 years | Oct 2020 | - | Director |
| Mr Frank Waters | United Kingdom | 59 years | Oct 2020 | - | Director |
| Mr Sean Royce | England | 58 years | May 2021 | - | Director |
| Mr Roderick Gadsby | England | 55 years | Jun 2021 | - | Director |
| Mr Mark Stansfeld | England | 65 years | Sep 2021 | - | Director |
| Mr Tony Ciciretto | United Kingdom | 66 years | Sep 2021 | - | Director |
| Mr Mark Stansfeld | United Kingdom | 65 years | Sep 2021 | - | Director |
| Mr Michael Fairey | 55 years | Jan 2023 | - | Director | |
| Mr Thibault Jarlegant | United Kingdom | 39 years | Mar 2023 | - | Director |
P&L
December 2023turnover
3m
+6%
operating profit
-27.6m
+110%
gross margin
61.9%
-696.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-48.5m
+1.93%
total assets
86.4m
+0.79%
cash
1.6m
-0.09%
net assets
Total assets minus all liabilities
quickline communications limited company details
company number
05034183
Type
Private limited with Share Capital
industry
61200 - Wireless telecommunications activities
incorporation date
February 2004
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
quickline logistics limited (September 2007)
quicklime limited (May 2005)
accountant
-
auditor
HAYSMACINTYRE LLP
address
the mill house albion mills, albion lane, willerby, HU10 6DN
Bank
-
Legal Advisor
-
quickline communications 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 6 charges/mortgages relating to quickline communications limited. Currently there are 2 open charges and 4 have been satisfied in the past.
quickline communications 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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quickline communications limited Companies House Filings - See Documents
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