Qed Scientific Ltd

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qed scientific ltd Company Information

Live

EstablishedSmallDeclining

Company Number

05493712

Website

www.qedscientific.com

Registered Address

unit 21 botany business park, macclesfield road whaley bridge, high peak, derbyshire, SK23 7DQ

Industry

Wholesale of pharmaceutical goods

Telephone

01663735494

Next Accounts Due

March 2025

Group Structure

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Directors

Gillian Jaundrell Thompson19 Years

Ian Jaundrell Thompson19 Years

Shareholders

mr iain jaundrell thompson 50%

mrs gillian margaret jaundrell thompson 50%

qed scientific ltd Estimated Valuation

£791.3k

Pomanda estimates the enterprise value of QED SCIENTIFIC LTD at £791.3k based on Net Assets of £383.9k and 2.06x industry multiple (adjusted for liquidity).

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Qed Scientific Ltd is a live company located in high peak, SK23 7DQ with a Companies House number of 05493712. It operates in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in June 2005, it's largest shareholder is mr iain jaundrell thompson with a 50% stake. Qed Scientific Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.

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Pomanda's financial health check has awarded Qed Scientific Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

5 Strong

2 Regular

5 Weak

Size

annual sales of £1.1m, make it smaller than the average company (£24.9m)

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (5.1%)

EXPORT

Qed Scientific Ltd's latest turnover from June 2023 is estimated at £1.1 million and the company has net assets of £383.9 thousand. According to their latest financial statements, Qed Scientific Ltd has 6 employees and maintains cash reserves of £405.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	1,130,856	1,266,570	1,354,967	1,671,891	1,604,976	1,345,177	1,117,090	238,952	215,150	241,413	214,946	267,852	225,668	237,830
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	850,573	962,443	1,038,248	1,252,527	1,222,642	1,027,818	835,893	174,341	156,069	178,327	161,681	208,003	175,134	186,034
Gross Profit	280,283	304,127	316,720	419,363	382,334	317,359	281,197	64,612	59,081	63,086	53,265	59,849	50,533	51,796
Admin Expenses	154,786	285,934	300,844	424,358	399,701	204,490	258,867	13,382	18,706	84,164	22,880	42,590	57,701	-60,876
Operating Profit	125,497	18,193	15,876	-4,995	-17,367	112,869	22,330	51,230	40,375	-21,078	30,385	17,259	-7,168	112,672
Interest Payable	3,911	3,278	3,050	1,525	0	0	0	0	0	0	0	0	0	0
Interest Receivable	17,552	3,739	244	178	1,564	995	364	639	456	448	551	440	402	232
Pre-Tax Profit	139,139	18,654	13,070	-6,342	-15,803	113,864	22,694	51,869	40,831	-20,630	30,936	17,699	-6,766	112,904
Tax	-34,785	-3,544	-2,483	0	0	-21,634	-4,312	-10,374	-8,166	0	-7,115	-4,248	0	-31,613
Profit After Tax	104,354	15,110	10,587	-6,342	-15,803	92,230	18,382	41,495	32,665	-20,630	23,821	13,451	-6,766	81,291
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	104,354	15,110	10,587	-6,342	-15,803	92,230	18,382	41,495	32,665	-20,630	23,821	13,451	-6,766	81,291
Employee Costs	419,583	514,371	545,075	649,712	552,950	472,934	415,501	47,301	43,829	43,831	40,933	42,093	40,245	38,593
Number Of Employees	6	8	9	11	10	8	8	1	1	1	1	1	1	1
EBITDA*	126,379	18,742	16,495	-4,285	-16,136	114,258	24,080	52,521	41,775	-20,116	30,797	17,778	-6,366	113,905

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	7,879	1,651	2,200	2,305	2,117	3,348	3,172	2,113	2,850	4,250	989	1,014	545	1,347
Intangible Assets	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
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	7,879	1,651	2,200	2,305	2,117	3,348	3,172	2,113	2,850	4,250	989	1,014	545	1,347
Stock & work in progress	8,899	15,475	13,821	33,643	56,482	10,733	3,028	2,884	11,760	15,680	7,176	17,157	4,637	3,307
Trade Debtors	83,100	61,423	55,421	111,742	95,903	101,736	80,466	74,088	32,728	48,406	39,791	27,227	40,665	37,582
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	24,239	12,509	12,585	32,091	8,084	6,950	6,308	4,892	0	0	0	0	0	0
Cash	405,491	296,608	301,621	186,352	170,387	246,614	151,330	139,858	115,844	66,700	112,409	108,075	67,977	92,732
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	521,729	386,015	383,448	363,828	330,856	366,033	241,132	221,722	160,332	130,786	159,376	152,459	113,279	133,621
total assets	529,608	387,666	385,648	366,133	332,973	369,381	244,304	223,835	163,182	135,036	160,365	153,473	113,824	134,968
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	10,000	10,000	10,000	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	50,066	21,810	32,774	23,838	26,199	33,257	25,858	10,148	39,250	30,708	36,451	65,397	39,199	53,577
Group/Directors Accounts	0	0	0	0	0	12,450	12,450	12,450	0	13,061	12,017	0	0	0
other short term finances	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
other current liabilities	64,563	45,528	37,975	37,963	46,223	47,060	21,659	35,483	0	0	0	0	0	0
total current liabilities	124,629	77,338	80,749	61,801	72,422	92,767	59,967	58,081	39,250	43,769	48,468	65,397	39,199	53,577
loans	20,686	30,423	40,000	50,000	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
Accruals and Deferred Income	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
provisions	348	314	418	438	315	575	528	327	0	0	0	0	0	0
total long term liabilities	21,034	30,737	40,418	50,438	315	575	528	327	0	0	0	0	0	0
total liabilities	145,663	108,075	121,167	112,239	72,737	93,342	60,495	58,408	39,250	43,769	48,468	65,397	39,199	53,577
net assets	383,945	279,591	264,481	253,894	260,236	276,039	183,809	165,427	123,932	91,267	111,897	88,076	74,625	81,391
total shareholders funds	383,945	279,591	264,481	253,894	260,236	276,039	183,809	165,427	123,932	91,267	111,897	88,076	74,625	81,391

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	125,497	18,193	15,876	-4,995	-17,367	112,869	22,330	51,230	40,375	-21,078	30,385	17,259	-7,168	112,672
Depreciation	882	549	619	710	1,231	1,389	1,750	1,291	1,400	962	412	519	802	1,233
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-34,785	-3,544	-2,483	0	0	-21,634	-4,312	-10,374	-8,166	0	-7,115	-4,248	0	-31,613
Stock	-6,576	1,654	-19,822	-22,839	45,749	7,705	144	-8,876	-3,920	8,504	-9,981	12,520	1,330	3,307
Debtors	33,407	5,926	-75,827	39,846	-4,699	21,912	7,794	46,252	-15,678	8,615	12,564	-13,438	3,083	37,582
Creditors	28,256	-10,964	8,936	-2,361	-7,058	7,399	15,710	-29,102	8,542	-5,743	-28,946	26,198	-14,378	53,577
Accruals and Deferred Income	19,035	7,553	12	-8,260	-837	25,401	-13,824	35,483	0	0	0	0	0	0
Deferred Taxes & Provisions	34	-104	-20	123	-260	47	201	327	0	0	0	0	0	0
Cash flow from operations	112,088	4,103	118,589	-31,790	-65,341	95,854	13,917	11,479	61,749	-42,978	-7,847	40,646	-25,157	94,980
Investing Activities
capital expenditure	-7,110	0	-514	-898	0	-1,565	-2,809	-554	0	-4,223	-387	-988	0	-2,580
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-7,110	0	-514	-898	0	-1,565	-2,809	-554	0	-4,223	-387	-988	0	-2,580
Financing Activities
Bank loans	0	0	10,000	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	-12,450	0	0	12,450	-13,061	1,044	12,017	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-9,737	-9,577	-10,000	50,000	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
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	100
interest	13,641	461	-2,806	-1,347	1,564	995	364	639	456	448	551	440	402	232
cash flow from financing	3,904	-9,116	-2,806	48,653	-10,886	995	364	13,089	-12,605	1,492	12,568	440	402	332
cash and cash equivalents
cash	108,883	-5,013	115,269	15,965	-76,227	95,284	11,472	24,014	49,144	-45,709	4,334	40,098	-24,755	92,732
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	108,883	-5,013	115,269	15,965	-76,227	95,284	11,472	24,014	49,144	-45,709	4,334	40,098	-24,755	92,732

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for qed scientific ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SK23 area or any other competitors across 12 key performance metrics.

QED SCIENTIFIC LTD group structure

Qed Scientific Ltd has no subsidiary companies.

Ultimate parent company

QED SCIENTIFIC LTD

05493712

QED SCIENTIFIC LTD Shareholders

mr iain jaundrell thompson	50%
mrs gillian margaret jaundrell thompson	50%

Qed Scientific Ltd currently has 2 directors. The longest serving directors include Ms Gillian Jaundrell Thompson (Jun 2005) and Mr Ian Jaundrell Thompson (Jun 2005).

officer	country	age	start	end	role
Ms Gillian Jaundrell Thompson	England	68 years	Jun 2005	-	Director
Mr Ian Jaundrell Thompson	England	72 years	Jun 2005	-	Director

P&L

June 2023

turnover

1.1m

-11%

operating profit

125.5k

gross margin

24.8%

+3.22%

turnover

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

Balance Sheet

June 2023

net assets

383.9k

+0.37%

total assets

529.6k

+0.37%

cash

405.5k

+0.37%

net assets

Total assets minus all liabilities

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company number

05493712

Type

Private limited with Share Capital

industry

46460 - Wholesale of pharmaceutical goods

incorporation date

June 2005

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

June 2023

address

unit 21 botany business park, macclesfield road whaley bridge, high peak, derbyshire, SK23 7DQ

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 qed scientific ltd. Currently there are 0 open charges and 1 have been satisfied in the past.

qed scientific ltd Company Information

qed scientific ltd Estimated Valuation

qed scientific ltd Estimated Valuation

qed scientific ltd Estimated Valuation

Qed Scientific Ltd Overview

Qed Scientific Ltd Health Check

QED SCIENTIFIC LTD financials

qed scientific ltd Credit Report and Business Information

Qed Scientific Ltd Competitor Analysis

qed scientific ltd Ownership

qed scientific ltd directors

qed scientific ltd company details

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