qr43 ltd
qr43 ltd Company Information
Company Number
05198207
Next Accounts
Nov 2025
Directors
Shareholders
malcolm john matson
christopher dickinson
View AllGroup Structure
View All
Industry
Other telecommunications activities
Registered Address
bencroft dassels, braughing, ware, hertfordshire, SG11 2RW
Website
http://open-planet.netqr43 ltd Estimated Valuation
Pomanda estimates the enterprise value of QR43 LTD at £32.7k based on a Turnover of £56k and 0.58x industry multiple (adjusted for size and gross margin).
qr43 ltd Estimated Valuation
Pomanda estimates the enterprise value of QR43 LTD at £0 based on an EBITDA of £-794 and a 2.43x industry multiple (adjusted for size and gross margin).
qr43 ltd Estimated Valuation
Pomanda estimates the enterprise value of QR43 LTD at £0 based on Net Assets of £-18.3k and 2.6x industry multiple (adjusted for liquidity).
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Qr43 Ltd Overview
Qr43 Ltd is a live company located in ware, SG11 2RW with a Companies House number of 05198207. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in August 2004, it's largest shareholder is malcolm john matson with a 92% stake. Qr43 Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £56k with declining growth in recent years.
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Qr43 Ltd Health Check
Pomanda's financial health check has awarded Qr43 Ltd 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 £56k, make it smaller than the average company (£13.4m)
- Qr43 Ltd
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (4.6%)
- Qr43 Ltd
4.6% - Industry AVG
Production
with a gross margin of 17.9%, this company has a higher cost of product (38.7%)
- Qr43 Ltd
38.7% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (4.4%)
- Qr43 Ltd
4.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (53)
1 - Qr43 Ltd
53 - Industry AVG
Pay Structure
on an average salary of £63.2k, the company has an equivalent pay structure (£63.2k)
- Qr43 Ltd
£63.2k - Industry AVG
Efficiency
resulting in sales per employee of £56k, this is less efficient (£235k)
- Qr43 Ltd
£235k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (40 days)
- Qr43 Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 143 days, this is slower than average (42 days)
- Qr43 Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Qr43 Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Qr43 Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5381.2%, this is a higher level of debt than the average (64.4%)
5381.2% - Qr43 Ltd
64.4% - Industry AVG
QR43 LTD financials
Qr43 Ltd's latest turnover from February 2024 is estimated at £56 thousand and the company has net assets of -£18.3 thousand. According to their latest financial statements, Qr43 Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 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 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 364 | 1,464 | 663 | 3,017 | 3,381 | ||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 364 | 1,464 | 663 | 3,017 | 3,381 | ||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 346 | 273 | 229 | 6,539 | 60,920 | 60,000 | 70,138 | 5,574 | 7,178 | ||||||
| Group Debtors | 2,699 | 2,699 | 2,070 | ||||||||||||
| Misc Debtors | 73 | 9,380 | 11,780 | 15,307 | 4,997 | ||||||||||
| Cash | 588 | 226 | 211 | 3 | 57 | 51 | 39,705 | 56 | 54 | 18,669 | 108,609 | 24,560 | |||
| misc current assets | |||||||||||||||
| total current assets | 346 | 273 | 229 | 588 | 299 | 2,910 | 12,082 | 14,536 | 17,428 | 46,244 | 60,976 | 60,054 | 88,807 | 119,180 | 31,738 |
| total assets | 346 | 273 | 229 | 588 | 299 | 2,910 | 12,082 | 14,900 | 18,892 | 46,244 | 60,976 | 60,717 | 91,824 | 122,561 | 31,738 |
| Bank overdraft | 4,978 | 4,872 | 2,774 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 18,069 | 17,253 | 16,269 | 1,180 | 4,372 | 20,795 | 30,436 | 17,385 | 46,172 | 24,240 | |||||
| Group/Directors Accounts | 250 | 4,050 | 3,500 | 4,089 | |||||||||||
| other short term finances | 175 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 16,618 | 15,827 | 14,514 | 13,778 | 13,903 | 2,750 | |||||||||
| total current liabilities | 18,069 | 17,253 | 16,269 | 16,618 | 15,827 | 14,764 | 22,806 | 22,275 | 10,968 | 4,372 | 20,795 | 30,436 | 17,385 | 46,172 | 24,240 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 550 | 499 | 799 | ||||||||||||
| other liabilities | |||||||||||||||
| provisions | 139 | 634 | 710 | ||||||||||||
| total long term liabilities | 550 | 499 | 799 | 139 | 634 | 710 | |||||||||
| total liabilities | 18,619 | 17,752 | 17,068 | 16,618 | 15,827 | 14,764 | 22,806 | 22,275 | 10,968 | 4,372 | 20,795 | 30,575 | 18,019 | 46,882 | 24,240 |
| net assets | -18,273 | -17,479 | -16,839 | -16,030 | -15,528 | -11,854 | -10,724 | -7,375 | 7,924 | 41,872 | 40,181 | 30,142 | 73,805 | 75,679 | 7,498 |
| total shareholders funds | -18,273 | -17,479 | -16,839 | -16,030 | -15,528 | -11,854 | -10,724 | -7,375 | 7,924 | 41,872 | 40,181 | 30,142 | 73,805 | 75,679 | 7,498 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 364 | 1,100 | 734 | 663 | 2,354 | 2,354 | 1,691 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 73 | 44 | 229 | -73 | -2,626 | -9,380 | -2,400 | 14,479 | 10,838 | -54,381 | 920 | -10,138 | 59,567 | 3,393 | 7,178 |
| Creditors | 816 | 984 | 16,269 | -3,192 | -16,423 | -9,641 | 13,051 | -28,787 | 21,932 | 24,240 | |||||
| Accruals and Deferred Income | 51 | -300 | -15,819 | 791 | 1,313 | 736 | -125 | 13,903 | 2,750 | ||||||
| Deferred Taxes & Provisions | -139 | -495 | -76 | 710 | |||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -250 | -3,800 | 550 | 3,500 | 4,089 | ||||||||||
| Other Short Term Loans | 175 | ||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -588 | 362 | 15 | 208 | -54 | 57 | -39,654 | 39,649 | 2 | -18,615 | -89,940 | 84,049 | 24,560 | ||
| overdraft | -4,978 | 106 | 4,872 | 2,774 | |||||||||||
| change in cash | -588 | 362 | 15 | 5,186 | -160 | -4,815 | -42,428 | 39,649 | 2 | -18,615 | -89,940 | 84,049 | 24,560 |
qr43 ltd Credit Report and Business Information
Qr43 Ltd Competitor Analysis
Perform a competitor analysis for qr43 ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SG11 area or any other competitors across 12 key performance metrics.
qr43 ltd Ownership
QR43 LTD group structure
Qr43 Ltd has no subsidiary companies.
Ultimate parent company
QR43 LTD
05198207
qr43 ltd directors
Qr43 Ltd currently has 1 director, Mr Malcolm Matson serving since Aug 2004.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Malcolm Matson | 81 years | Aug 2004 | - | Director |
P&L
February 2024turnover
56k
+8%
operating profit
-794
0%
gross margin
18%
-6.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-18.3k
+0.05%
total assets
346
+0.27%
cash
0
0%
net assets
Total assets minus all liabilities
qr43 ltd company details
company number
05198207
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
August 2004
age
21
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
openplanet limited (May 2017)
accountant
BENCROFT DASSELS
auditor
-
address
bencroft dassels, braughing, ware, hertfordshire, SG11 2RW
Bank
-
Legal Advisor
-
qr43 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 qr43 ltd.
qr43 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 QR43 LTD. This can take several minutes, an email will notify you when this has completed.
qr43 ltd Companies House Filings - See Documents
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