w3quest infotech limited

Dissolved 

w3quest infotech limited Company Information

Share W3QUEST INFOTECH LIMITED

Company Number

05053062

Directors

Manjul Bhasin

Pooja Sharma

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Shareholders

puneet bhasin

manjul bhasin

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Group Structure

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Industry

Computer consultancy activities

 +1

Registered Address

39 marksbury road, bristol, BS3 5JU

w3quest infotech limited Estimated Valuation

£33.6k

Pomanda estimates the enterprise value of W3QUEST INFOTECH LIMITED at £33.6k based on a Turnover of £56.3k and 0.6x industry multiple (adjusted for size and gross margin).

w3quest infotech limited Estimated Valuation

£15k

Pomanda estimates the enterprise value of W3QUEST INFOTECH LIMITED at £15k based on an EBITDA of £3.9k and a 3.88x industry multiple (adjusted for size and gross margin).

w3quest infotech limited Estimated Valuation

£7.2k

Pomanda estimates the enterprise value of W3QUEST INFOTECH LIMITED at £7.2k based on Net Assets of £3.1k and 2.33x industry multiple (adjusted for liquidity).

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W3quest Infotech Limited Overview

W3quest Infotech Limited is a dissolved company that was located in bristol, BS3 5JU with a Companies House number of 05053062. It operated in the business and domestic software development sector, SIC Code 62012. Founded in February 2004, it's largest shareholder was puneet bhasin with a 35% stake. The last turnover for W3quest Infotech Limited was estimated at £56.3k.

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W3quest Infotech Limited Health Check

Pomanda's financial health check has awarded W3Quest Infotech Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £86.5k, make it smaller than the average company (£2.3m)

£86.5k - W3quest Infotech Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (6.8%)

-28% - W3quest Infotech Limited

6.8% - Industry AVG

production

Production

with a gross margin of 33.5%, this company has a higher cost of product (59.4%)

33.5% - W3quest Infotech Limited

59.4% - Industry AVG

profitability

Profitability

an operating margin of -45.4% make it less profitable than the average company (5.2%)

-45.4% - W3quest Infotech Limited

5.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (20)

2 - W3quest Infotech Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.9k, the company has an equivalent pay structure (£60.9k)

£60.9k - W3quest Infotech Limited

£60.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £43.2k, this is less efficient (£117.9k)

£43.2k - W3quest Infotech Limited

£117.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 56 days, this is near the average (65 days)

56 days - W3quest Infotech Limited

65 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 546 days, this is slower than average (39 days)

546 days - W3quest Infotech Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - W3quest Infotech Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - W3quest Infotech Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 117.8%, this is a higher level of debt than the average (59.5%)

117.8% - W3quest Infotech Limited

59.5% - Industry AVG

W3QUEST INFOTECH LIMITED financials

EXPORTms excel logo

W3Quest Infotech Limited's latest turnover from June 2023 is estimated at £56.3 thousand and the company has net assets of £3.1 thousand. According to their latest financial statements, we estimate that W3Quest Infotech Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Mar 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover56,33686,466160,806235,903231,987199,798105,27917,22323,01217,76932,069178,973142,184120,124109,551
Other Income Or Grants
Cost Of Sales37,06057,474102,703152,139147,944129,55167,70510,79514,39210,94320,07924,04970,20665,953
Gross Profit19,27528,99258,10483,76384,04370,24837,5736,4288,6196,82611,990154,924142,18449,91843,598
Admin Expenses15,42268,254105,05097,70382,08458,90242,6474,60119,897-12,31250,29363,18558,585-23,621-22,727
Operating Profit3,853-39,262-46,946-13,9401,95911,346-5,0741,827-11,27819,138-38,30391,73983,59973,53966,325
Interest Payable5,6193,7173,7123,7128,417
Interest Receivable9410023024534420
Pre-Tax Profit3,853-39,262-46,946-13,9401,95911,346-4,9801,926-11,04819,382-43,57888,02279,88769,82757,928
Tax-963-372-2,156-385-4,070-17,768-16,002-14,664-12,165
Profit After Tax2,890-39,262-46,946-13,9401,5879,190-4,9801,541-11,04815,312-43,57870,25463,88555,16345,763
Dividends Paid59,70064,00036,30046,500
Retained Profit2,890-39,262-46,946-13,9401,5879,190-4,9801,541-11,04815,312-43,57810,554-11518,863-737
Employee Costs61,693121,709114,566104,628107,165172,60754,62556,54555,81256,03354,829106,43452,71950,56051,150
Number Of Employees122223111112111
EBITDA*3,853-39,262-46,946-13,9401,95911,346-5,0741,827-11,06119,428-37,91892,25484,28674,22567,470

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Mar 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets206,227206,343206,382206,433206,502206,594206,716206,880207,097207,387207,772208,287208,974209,660
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets206,227206,343206,382206,433206,502206,594206,716206,880207,097207,387207,772208,287208,974209,660
Stock & work in progress
Trade Debtors19,89813,47761,363116,477109,77370,70941,68731,500
Group Debtors
Misc Debtors
Cash37,55142,06149,89147,92489,58738,17468,42840,312
misc current assets
total current assets19,89813,47761,363116,477109,77370,70941,68737,55142,06149,89147,92489,58769,67468,42840,312
total assets19,898219,704267,706322,859316,206277,211248,281244,267248,941256,988255,311297,359277,961277,402249,972
Bank overdraft
Bank loan
Trade Creditors 16,80886,02894,768102,97582,38244,97425,12115,95622,88719,55032,848
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities31,29722,43821,74313,156
total current liabilities16,80886,02894,768102,97582,38244,97425,12115,95622,88719,55032,84831,29722,43821,74313,156
loans172,900172,915172,936172,956
hp & lease commitments
Accruals and Deferred Income
other liabilities172,738172,738172,738172,738172,738172,851172,822172,206172,542172,879
provisions
total long term liabilities172,738172,738172,738172,738172,738172,851172,822172,206172,542172,879172,900172,915172,936172,956
total liabilities16,808258,766267,506275,713255,120217,712197,972188,778195,093192,092205,727204,197195,353194,679186,112
net assets3,090-39,06220047,14661,08659,49950,30955,48953,84864,89649,58493,16282,60882,72363,860
total shareholders funds3,090-39,06220047,14661,08659,49950,30955,48953,84864,89649,58493,16282,60882,72363,860
Jun 2023Mar 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit3,853-39,262-46,946-13,9401,95911,346-5,0741,827-11,27819,138-38,30391,73983,59973,53966,325
Depreciation2172903855156876861,145
Amortisation
Tax-963-372-2,156-385-4,070-17,768-16,002-14,664-12,165
Stock
Debtors-41,465-47,886-55,1146,70439,06429,02241,687-31,50031,500
Creditors-77,960-8,740-8,20720,59337,40819,8539,165-6,9313,337-13,29832,848
Accruals and Deferred Income-31,2978,8596958,58713,156
Deferred Taxes & Provisions
Cash flow from operations-33,605-116-39-51-6921-37,596-5,489-7,7242,060-36,367114,84537,47968,14868,461
Investing Activities
capital expenditure206,34311639516992122164-210,805
Change in Investments
cash flow from investments206,34311639516992122164-210,805
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-172,900-15-21-20172,956
Hire Purchase and Lease Commitments
other long term liabilities-172,738-11329616-336-337172,879
share issue-20010064,597
interest94100230245-5,275-3,717-3,712-3,712-8,397
cash flow from financing-172,738-113-77816-106-92-5,296-3,732-3,733-3,732229,156
cash and cash equivalents
cash-37,551-4,510-7,8301,967-41,66351,413-30,25428,11640,312
overdraft
change in cash-37,551-4,510-7,8301,967-41,66351,413-30,25428,11640,312

w3quest infotech limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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W3quest Infotech Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for w3quest infotech limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in BS3 area or any other competitors across 12 key performance metrics.

w3quest infotech limited Ownership

W3QUEST INFOTECH LIMITED group structure

W3Quest Infotech Limited has no subsidiary companies.

Ultimate parent company

W3QUEST INFOTECH LIMITED

05053062

W3QUEST INFOTECH LIMITED Shareholders

puneet bhasin 35%
manjul bhasin 35%
pooja sharma 30%

w3quest infotech limited directors

W3Quest Infotech Limited currently has 3 directors. The longest serving directors include Mr Manjul Bhasin (Feb 2004) and Mrs Pooja Sharma (Feb 2004).

officercountryagestartendrole
Mr Manjul BhasinUnited Kingdom51 years Feb 2004- Director
Mrs Pooja Sharma46 years Feb 2004- Director
Mr Puneet BhasinEngland48 years Mar 2007- Director

P&L

June 2023

turnover

56.3k

-65%

operating profit

3.9k

0%

gross margin

34.3%

-5.31%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

3.1k

+14.45%

total assets

19.9k

-0.93%

cash

0

0%

net assets

Total assets minus all liabilities

w3quest infotech limited company details

company number

05053062

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

62012 - Business and domestic software development

incorporation date

February 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2023

previous names

N/A

accountant

-

auditor

-

address

39 marksbury road, bristol, BS3 5JU

Bank

-

Legal Advisor

-

w3quest infotech 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 1 charges/mortgages relating to w3quest infotech limited. Currently there are 1 open charges and 0 have been satisfied in the past.

w3quest infotech 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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w3quest infotech limited Companies House Filings - See Documents

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