q prime limited

q prime limited Company Information

Share Q PRIME LIMITED
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EstablishedSmallRapid

Company Number

06162748

Industry

Other business support service activities n.e.c.

 

Shareholders

peter mensch

clifford burnstein

Group Structure

View All

Contact

Registered Address

1st floor 104 oxford street, london, greater london, W1D 1LP

Website

qprime.com

q prime limited Estimated Valuation

£871.7k

Pomanda estimates the enterprise value of Q PRIME LIMITED at £871.7k based on a Turnover of £1.6m and 0.55x industry multiple (adjusted for size and gross margin).

q prime limited Estimated Valuation

£7.6m

Pomanda estimates the enterprise value of Q PRIME LIMITED at £7.6m based on an EBITDA of £1.9m and a 4.04x industry multiple (adjusted for size and gross margin).

q prime limited Estimated Valuation

£6m

Pomanda estimates the enterprise value of Q PRIME LIMITED at £6m based on Net Assets of £2.6m and 2.35x industry multiple (adjusted for liquidity).

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Q Prime Limited Overview

Q Prime Limited is a live company located in greater london, W1D 1LP with a Companies House number of 06162748. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2007, it's largest shareholder is peter mensch with a 50% stake. Q Prime Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with rapid growth in recent years.

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Q Prime Limited Health Check

Pomanda's financial health check has awarded Q Prime Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £1.6m, make it smaller than the average company (£4.5m)

£1.6m - Q Prime Limited

£4.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (6.5%)

52% - Q Prime Limited

6.5% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Q Prime Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of 118.5% make it more profitable than the average company (5.7%)

118.5% - Q Prime Limited

5.7% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (26)

5 - Q Prime Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)

£52.9k - Q Prime Limited

£52.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £318.3k, this is more efficient (£167.7k)

£318.3k - Q Prime Limited

£167.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 82 days, this is later than average (41 days)

82 days - Q Prime Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (32 days)

9 days - Q Prime Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Q Prime Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 128 weeks, this is more cash available to meet short term requirements (23 weeks)

128 weeks - Q Prime Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.2%, this is a lower level of debt than the average (62%)

35.2% - Q Prime Limited

62% - Industry AVG

Q PRIME LIMITED financials

EXPORTms excel logo

Q Prime Limited's latest turnover from December 2023 is estimated at £1.6 million and the company has net assets of £2.6 million. According to their latest financial statements, Q Prime Limited has 5 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,591,467483,879572,745452,5821,366,8881,249,500316,570593,730393,6384,112,4874,953,2184,789,1702,676,3442,586,4340
Other Income Or Grants000000000000000
Cost Of Sales984,218295,894357,927285,164855,461786,185197,600368,152250,4112,658,8333,228,1883,068,9081,676,8611,582,8450
Gross Profit607,248187,985214,817167,417511,427463,315118,970225,578143,2271,453,6541,725,0301,720,262999,4841,003,5890
Admin Expenses-1,279,269529,577595,471624,881-994,393589,953-1,283,083241,134163,5611,480,1751,718,4271,724,4061,002,643986,598-54,183
Operating Profit1,886,517-341,592-380,654-457,4641,505,820-126,6381,402,053-15,556-20,334-26,5216,603-4,144-3,15916,99154,183
Interest Payable000000000000000
Interest Receivable105,78311,9995057105,0214,6122,6001591,0412,9084,0702,3176401,3291,039
Pre-Tax Profit1,992,300-329,593-380,149-456,7541,510,841-122,0261,404,653-15,397-19,293-23,61310,673-1,827-2,51918,31955,222
Tax-498,075000-287,0600-266,884000-2,45500-5,129-15,462
Profit After Tax1,494,225-329,593-380,149-456,7541,223,781-122,0261,137,769-15,397-19,293-23,6138,218-1,827-2,51913,19039,760
Dividends Paid000000000000000
Retained Profit1,494,225-329,593-380,149-456,7541,223,781-122,0261,137,769-15,397-19,293-23,6138,218-1,827-2,51913,19039,760
Employee Costs264,430302,103289,191276,135182,067220,060209,151209,414208,3071,163,5791,394,9951,320,325750,844729,8900
Number Of Employees56664555528343319190
EBITDA*1,887,371-340,740-380,076-457,4641,505,820-126,6381,405,359-14,454-18,864-24,5398,996-1,5691420,41156,388

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,1291,9831,73200003,3074,4755,9457,6617,7249,52010,2616,617
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,1291,9831,73200003,3074,4755,9457,6617,7249,52010,2616,617
Stock & work in progress000000000000000
Trade Debtors361,37941,32091,6590326,447312,67723,792106,05335,114422,664327,787353,801508,594517,562173,609
Group Debtors121,753425,5041,185,9541,274,9731,133,976519,644220,62700000000
Misc Debtors30,071104,128101,618245,777509,165263,553213,778181,212181,125000000
Cash3,443,904585,92499,730304,4041,116,250222,6441,007,19632,73994,806321,663841,472786,552140,084115,930415,550
misc current assets000000000000000
total current assets3,957,1071,156,8761,478,9611,825,1543,085,8381,318,5181,465,393320,004311,045744,3271,169,2591,140,353648,678633,492589,159
total assets3,958,2361,158,8591,480,6931,825,1543,085,8381,318,5181,465,393323,311315,520750,2721,176,9201,148,077658,198643,753595,776
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 24,51728,3823,8911,97956,14013,45811,19510,87122,498717,0611,120,0961,099,47174,59757,63322,846
Group/Directors Accounts041,11941,11941,11941,11941,867000000533,168533,168533,168
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,367,94517,80934,541765750,534248,929317,908313,919279,104000000
total current liabilities1,392,46287,31079,55143,863847,793304,254329,103324,790301,602717,0611,120,0961,099,471607,765590,801556,014
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities1,392,46287,31079,55143,863847,793304,254329,103324,790301,602717,0611,120,0961,099,471607,765590,801556,014
net assets2,565,7741,071,5491,401,1421,781,2912,238,0451,014,2641,136,290-1,47913,91833,21156,82448,60650,43352,95239,762
total shareholders funds2,565,7741,071,5491,401,1421,781,2912,238,0451,014,2641,136,290-1,47913,91833,21156,82448,60650,43352,95239,762
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,886,517-341,592-380,654-457,4641,505,820-126,6381,402,053-15,556-20,334-26,5216,603-4,144-3,15916,99154,183
Depreciation8548525780003,3061,1021,4701,9822,3932,5753,1733,4202,205
Amortisation000000000000000
Tax-498,075000-287,0600-266,884000-2,45500-5,129-15,462
Stock000000000000000
Debtors-57,749-808,279-141,519-448,838873,714637,677170,93271,026-206,42594,877-26,014-154,793-8,968343,953173,609
Creditors-3,86524,4911,912-54,16142,6822,263324-11,627-694,563-403,03520,6251,024,87416,96434,78722,846
Accruals and Deferred Income1,350,136-16,73233,776-749,769501,605-68,9793,98934,815279,104000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations2,793,316475,298-202,869-812,556889,333-831,031971,856-62,292-227,898-522,45153,1801,178,09825,946-293,884-109,837
Investing Activities
capital expenditure0-1,103-2,3100001660-266-2,330-779-2,432-7,064-8,822
Change in Investments000000000000000
cash flow from investments0-1,103-2,3100001660-266-2,330-779-2,432-7,064-8,822
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-41,119000-74841,86700000-533,16800533,168
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000002
interest105,78311,9995057105,0214,6122,6001591,0412,9084,0702,3176401,3291,039
cash flow from financing64,66411,9995057104,27346,4792,6001591,0412,9084,070-530,8516401,329534,209
cash and cash equivalents
cash2,857,980486,194-204,674-811,846893,606-784,552974,457-62,067-226,857-519,80954,920646,46824,154-299,620415,550
overdraft000000000000000
change in cash2,857,980486,194-204,674-811,846893,606-784,552974,457-62,067-226,857-519,80954,920646,46824,154-299,620415,550

q prime 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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Q Prime Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for q prime limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in W1D area or any other competitors across 12 key performance metrics.

q prime limited Ownership

Q PRIME LIMITED group structure

Q Prime Limited has no subsidiary companies.

Ultimate parent company

Q PRIME LIMITED

06162748

Q PRIME LIMITED Shareholders

peter mensch 50%
clifford burnstein 50%

q prime limited directors

Q Prime Limited currently has 3 directors. The longest serving directors include Mr Peter Mensch (Mar 2007) and Mr Clifford Burnstein (Mar 2007).

officercountryagestartendrole
Mr Peter MenschUnited States71 years Mar 2007- Director
Mr Clifford BurnsteinUnited States76 years Mar 2007- Director
Mr Stephen MatthewsUnited Kingdom65 years Sep 2015- Director

P&L

December 2023

turnover

1.6m

+229%

operating profit

1.9m

0%

gross margin

38.2%

-1.78%

turnover

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

Balance Sheet

December 2023

net assets

2.6m

+1.39%

total assets

4m

+2.42%

cash

3.4m

+4.88%

net assets

Total assets minus all liabilities

q prime limited company details

company number

06162748

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

March 2007

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

MSE BUSINESS MANAGEMENT LLP

auditor

-

address

1st floor 104 oxford street, london, greater london, W1D 1LP

Bank

-

Legal Advisor

-

q prime 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 q prime limited.

q prime 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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q prime limited Companies House Filings - See Documents

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