qubic partners ltd
qubic partners ltd Company Information
Company Number
06890729
Website
www.qubictax.comRegistered Address
2 st. james gate, newcastle upon tyne, NE1 4AD
Industry
Other business support service activities n.e.c.
Telephone
02072839555
Next Accounts Due
June 2025
Group Structure
View All
Directors
David Graham15 Years
Shareholders
qubic associate group ltd 100%
qubic partners ltd Estimated Valuation
Pomanda estimates the enterprise value of QUBIC PARTNERS LTD at £195.6k based on a Turnover of £459.7k and 0.43x industry multiple (adjusted for size and gross margin).
qubic partners ltd Estimated Valuation
Pomanda estimates the enterprise value of QUBIC PARTNERS LTD at £76.1k based on an EBITDA of £22.3k and a 3.41x industry multiple (adjusted for size and gross margin).
qubic partners ltd Estimated Valuation
Pomanda estimates the enterprise value of QUBIC PARTNERS LTD at £353k based on Net Assets of £137.1k and 2.57x industry multiple (adjusted for liquidity).
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Qubic Partners Ltd Overview
Qubic Partners Ltd is a live company located in newcastle upon tyne, NE1 4AD with a Companies House number of 06890729. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2009, it's largest shareholder is qubic associate group ltd with a 100% stake. Qubic Partners Ltd is a established, micro sized company, Pomanda has estimated its turnover at £459.7k with rapid growth in recent years.
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Qubic Partners Ltd Health Check
Pomanda's financial health check has awarded Qubic Partners Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £459.7k, make it smaller than the average company (£3.7m)
- Qubic Partners Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 94%, show it is growing at a faster rate (5.2%)
- Qubic Partners Ltd
5.2% - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (37.9%)
- Qubic Partners Ltd
37.9% - Industry AVG
Profitability
an operating margin of 4.9% make it less profitable than the average company (6.1%)
- Qubic Partners Ltd
6.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - Qubic Partners Ltd
23 - Industry AVG
Pay Structure
on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)
- Qubic Partners Ltd
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £459.7k, this is more efficient (£153.6k)
- Qubic Partners Ltd
£153.6k - Industry AVG
Debtor Days
it gets paid by customers after 183 days, this is later than average (40 days)
- Qubic Partners Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (32 days)
- Qubic Partners Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Qubic Partners Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Qubic Partners Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.7%, this is a lower level of debt than the average (61%)
40.7% - Qubic Partners Ltd
61% - Industry AVG
QUBIC PARTNERS LTD financials
Qubic Partners Ltd's latest turnover from September 2023 is estimated at £459.7 thousand and the company has net assets of £137.1 thousand. According to their latest financial statements, Qubic Partners Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 35 | 38 | 32 | 31 | 28 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 231,096 | 238,464 | 0 | 0 | 23,970 | 0 | 0 | 0 | 85 | 700 | 8,450 | 9,515 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43,377 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 266,608 | 265,391 | 433,616 | 2,641,132 | 389,709 | 6,322 | 4,597 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 1,932 | 3,350 | 1,156 | 100,005 | 122,720 | 176,805 | 105,698 | 10,474 | 0 | 1 | 6,106 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 4,768 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 231,096 | 238,464 | 268,540 | 268,741 | 458,742 | 2,745,905 | 512,429 | 183,127 | 153,757 | 11,174 | 8,450 | 9,516 | 6,106 | 0 |
| total assets | 231,096 | 238,464 | 268,540 | 268,741 | 458,742 | 2,745,905 | 512,429 | 183,127 | 153,757 | 11,174 | 8,450 | 9,516 | 6,106 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,959 | 11,059 | 0 | 0 | 0 | 0 | 2,854 | 3,998 | 4,158 | 745 | 0 | 1,065 | 1,902 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 1,350 | 1,350 | 171,367 | 2,426,561 | 423,943 | 67,548 | 101,418 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,959 | 11,059 | 1,350 | 1,350 | 171,367 | 2,426,561 | 426,797 | 71,546 | 105,576 | 745 | 0 | 1,065 | 1,902 | 0 |
| loans | 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 |
| 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 | 91,000 | 107,000 | 242,000 | 250,000 | 192,000 | 183,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 91,000 | 107,000 | 242,000 | 250,000 | 192,000 | 183,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 93,959 | 118,059 | 243,350 | 251,350 | 363,367 | 2,609,561 | 426,797 | 71,546 | 105,576 | 745 | 0 | 1,065 | 1,902 | 0 |
| net assets | 137,137 | 120,405 | 25,190 | 17,391 | 95,375 | 136,344 | 85,632 | 111,581 | 48,181 | 10,429 | 8,450 | 8,451 | 4,204 | 0 |
| total shareholders funds | 137,137 | 120,405 | 25,190 | 17,391 | 95,375 | 136,344 | 85,632 | 111,581 | 48,181 | 10,429 | 8,450 | 8,451 | 4,204 | 0 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,368 | -28,144 | 1,217 | -192,195 | -2,183,546 | 2,251,423 | 383,387 | -41,737 | 47,359 | -7,750 | -1,065 | 9,515 | 0 | 0 |
| Creditors | -8,100 | 11,059 | 0 | 0 | 0 | -2,854 | -1,144 | -160 | 3,413 | 745 | -1,065 | -837 | 1,902 | 0 |
| Accruals and Deferred Income | 0 | -1,350 | 0 | -170,017 | -2,255,194 | 2,002,618 | 356,395 | -33,870 | 101,418 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -16,000 | -135,000 | -8,000 | 58,000 | 9,000 | 183,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 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 | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | -1,932 | -1,418 | 2,194 | -98,849 | -22,715 | -54,085 | 71,107 | 95,224 | 10,474 | -1 | -6,105 | 6,106 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -1,932 | -1,418 | 2,194 | -98,849 | -22,715 | -54,085 | 71,107 | 95,224 | 10,474 | -1 | -6,105 | 6,106 | 0 |
qubic partners ltd Credit Report and Business Information
Qubic Partners Ltd Competitor Analysis
Perform a competitor analysis for qubic partners ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
qubic partners ltd Ownership
QUBIC PARTNERS LTD group structure
Qubic Partners Ltd has no subsidiary companies.
qubic partners ltd directors
Qubic Partners Ltd currently has 1 director, Mr David Graham serving since Jun 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Graham | United Kingdom | 46 years | Jun 2009 | - | Director |
P&L
September 2023turnover
459.7k
+3%
operating profit
22.3k
0%
gross margin
17.4%
-0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
137.1k
+0.14%
total assets
231.1k
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
qubic partners ltd company details
company number
06890729
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2009
age
15
accounts
Micro-Entity Accounts
ultimate parent company
previous names
rinkmist ltd (October 2010)
incorporated
UK
address
2 st. james gate, newcastle upon tyne, NE1 4AD
last accounts submitted
September 2023
qubic partners 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 qubic partners ltd.
qubic partners ltd Companies House Filings - See Documents
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