q&k optical holdings limited
q&k optical holdings limited Company Information
Company Number
06677009
Next Accounts
May 2025
Shareholders
david quirke
jessica courtney king
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
suite 11 dunston house, livingstone road, hessle, HU13 0EG
Website
-q&k optical holdings limited Estimated Valuation
Pomanda estimates the enterprise value of Q&K OPTICAL HOLDINGS LIMITED at £366.6k based on a Turnover of £429.3k and 0.85x industry multiple (adjusted for size and gross margin).
q&k optical holdings limited Estimated Valuation
Pomanda estimates the enterprise value of Q&K OPTICAL HOLDINGS LIMITED at £124k based on an EBITDA of £34.7k and a 3.57x industry multiple (adjusted for size and gross margin).
q&k optical holdings limited Estimated Valuation
Pomanda estimates the enterprise value of Q&K OPTICAL HOLDINGS LIMITED at £129.2k based on Net Assets of £99k and 1.31x industry multiple (adjusted for liquidity).
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Q&k Optical Holdings Limited Overview
Q&k Optical Holdings Limited is a live company located in hessle, HU13 0EG with a Companies House number of 06677009. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2008, it's largest shareholder is david quirke with a 75% stake. Q&k Optical Holdings Limited is a established, micro sized company, Pomanda has estimated its turnover at £429.3k with rapid growth in recent years.
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Q&k Optical Holdings Limited Health Check
Pomanda's financial health check has awarded Q&K Optical Holdings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £429.3k, make it smaller than the average company (£18.7m)
- Q&k Optical Holdings Limited
£18.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 74%, show it is growing at a faster rate (8.6%)
- Q&k Optical Holdings Limited
8.6% - Industry AVG
Production
with a gross margin of 20.8%, this company has a higher cost of product (34.9%)
- Q&k Optical Holdings Limited
34.9% - Industry AVG
Profitability
an operating margin of 7.2% make it more profitable than the average company (4.7%)
- Q&k Optical Holdings Limited
4.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (102)
2 - Q&k Optical Holdings Limited
102 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)
- Q&k Optical Holdings Limited
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £214.7k, this is more efficient (£185.5k)
- Q&k Optical Holdings Limited
£185.5k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (45 days)
- Q&k Optical Holdings Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 336 days, this is slower than average (45 days)
- Q&k Optical Holdings Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Q&k Optical Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Q&k Optical Holdings Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76%, this is a higher level of debt than the average (69%)
76% - Q&k Optical Holdings Limited
69% - Industry AVG
Q&K OPTICAL HOLDINGS LIMITED financials
Q&K Optical Holdings Limited's latest turnover from August 2023 is estimated at £429.3 thousand and the company has net assets of £99 thousand. According to their latest financial statements, Q&K Optical Holdings Limited has 2 employees and maintains cash reserves of £4.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 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 | 2 | 2 | 2 | 1 | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 159,067 | 150,313 | |||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 357,067 | 348,313 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 | 198,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 51,320 | 51,320 | 51,320 | 1 | 1 | 1 | 1 | 1 | |||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 98,092 | 115,618 | 97,944 | 30,415 | 5,172 | ||||||||||
| Cash | 4,353 | 9,509 | 53,527 | 1,360 | 4,186 | 6,414 | 4,951 | 6,241 | 506 | 44,234 | 41,025 | 99,054 | 4,336 | 12 | |
| misc current assets | |||||||||||||||
| total current assets | 55,673 | 60,829 | 104,847 | 99,452 | 119,804 | 104,358 | 35,366 | 11,413 | 506 | 44,234 | 41,026 | 99,055 | 4,337 | 13 | 1 |
| total assets | 412,740 | 409,142 | 302,847 | 297,452 | 317,804 | 302,358 | 233,366 | 209,413 | 198,506 | 242,234 | 239,026 | 297,055 | 202,337 | 198,013 | 198,001 |
| Bank overdraft | 26,303 | ||||||||||||||
| Bank loan | 2,022 | 22,979 | 27,004 | ||||||||||||
| Trade Creditors | 313,739 | 333,610 | 203,510 | 38,640 | 10,147 | 15,879 | 15,219 | 14,559 | 13,899 | 12,663 | |||||
| Group/Directors Accounts | 197,242 | 217,436 | 194,349 | 133,544 | 108,521 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 600 | 664 | 8,579 | 600 | 600 | ||||||||||
| total current liabilities | 313,739 | 333,610 | 203,510 | 197,842 | 218,100 | 202,928 | 134,144 | 109,121 | 38,640 | 10,147 | 15,879 | 17,241 | 37,538 | 40,903 | 38,966 |
| loans | 2,794 | 22,097 | 49,566 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 2,794 | 22,097 | 49,566 | ||||||||||||
| total liabilities | 313,739 | 333,610 | 203,510 | 197,842 | 218,100 | 202,928 | 134,144 | 109,121 | 38,640 | 10,147 | 15,879 | 17,241 | 40,332 | 63,000 | 88,532 |
| net assets | 99,001 | 75,532 | 99,337 | 99,610 | 99,704 | 99,430 | 99,222 | 100,292 | 159,866 | 232,087 | 223,147 | 279,814 | 162,005 | 135,013 | 109,469 |
| total shareholders funds | 99,001 | 75,532 | 99,337 | 99,610 | 99,704 | 99,430 | 99,222 | 100,292 | 159,866 | 232,087 | 223,147 | 279,814 | 162,005 | 135,013 | 109,469 |
| Aug 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 3,803 | 385 | |||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -46,772 | -17,526 | 17,674 | 67,529 | 25,243 | 5,172 | -1 | 1 | |||||||
| Creditors | -19,871 | 130,100 | 203,510 | -38,640 | 28,493 | -5,732 | 660 | 660 | 660 | 1,236 | 12,663 | ||||
| Accruals and Deferred Income | -600 | -64 | -7,915 | 7,979 | 600 | ||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 198,000 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -2,022 | -20,957 | -4,025 | 27,004 | |||||||||||
| Group/Directors Accounts | -197,242 | -20,194 | 23,087 | 60,805 | 25,023 | 108,521 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -2,794 | -19,303 | -27,469 | 49,566 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -5,156 | -44,018 | 52,167 | -2,826 | -2,228 | 1,463 | -1,290 | 5,735 | -43,728 | 3,209 | -58,029 | 94,718 | 4,324 | 12 | |
| overdraft | -26,303 | 26,303 | |||||||||||||
| change in cash | -5,156 | -44,018 | 52,167 | -2,826 | -2,228 | 1,463 | -1,290 | 5,735 | -43,728 | 3,209 | -58,029 | 94,718 | 4,324 | 26,315 | -26,303 |
q&k optical holdings limited Credit Report and Business Information
Q&k Optical Holdings Limited Competitor Analysis
Perform a competitor analysis for q&k optical holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in HU13 area or any other competitors across 12 key performance metrics.
q&k optical holdings limited Ownership
Q&K OPTICAL HOLDINGS LIMITED group structure
Q&K Optical Holdings Limited has 1 subsidiary company.
Ultimate parent company
Q&K OPTICAL HOLDINGS LIMITED
06677009
1 subsidiary
q&k optical holdings limited directors
Q&K Optical Holdings Limited currently has 2 directors. The longest serving directors include Mr David Quirke (Aug 2008) and Miss Jessica King (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Quirke | England | 46 years | Aug 2008 | - | Director |
| Miss Jessica King | 33 years | Oct 2021 | - | Director |
P&L
August 2023turnover
429.3k
+2%
operating profit
30.9k
0%
gross margin
20.8%
+1.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
99k
+0.31%
total assets
412.7k
+0.01%
cash
4.4k
-0.54%
net assets
Total assets minus all liabilities
q&k optical holdings limited company details
company number
06677009
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
August 2008
age
17
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
August 2023
previous names
quirke optical holdings limited (February 2020)
accountant
360 ACCOUNTANTS LIMITED
auditor
-
address
suite 11 dunston house, livingstone road, hessle, HU13 0EG
Bank
-
Legal Advisor
-
q&k optical holdings 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 3 charges/mortgages relating to q&k optical holdings limited. Currently there are 3 open charges and 0 have been satisfied in the past.
q&k optical holdings 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.
Click to start generating capital raising & share issue transactions for Q&K OPTICAL HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
q&k optical holdings limited Companies House Filings - See Documents
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