quickfin ltd

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quickfin ltd Company Information

Share QUICKFIN LTD

Company Number

07046768

Directors

Alexander Wee

Shareholders

alexander andre boon liang wee

wee lin chua

Group Structure

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Industry

General medical practice activities

 

Registered Address

15 leopold street, birmingham, B12 0UP

quickfin ltd Estimated Valuation

£34.8k

Pomanda estimates the enterprise value of QUICKFIN LTD at £34.8k based on a Turnover of £81.1k and 0.43x industry multiple (adjusted for size and gross margin).

quickfin ltd Estimated Valuation

£279

Pomanda estimates the enterprise value of QUICKFIN LTD at £279 based on an EBITDA of £88 and a 3.18x industry multiple (adjusted for size and gross margin).

quickfin ltd Estimated Valuation

£266

Pomanda estimates the enterprise value of QUICKFIN LTD at £266 based on Net Assets of £106 and 2.51x industry multiple (adjusted for liquidity).

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Quickfin Ltd Overview

Quickfin Ltd is a live company located in birmingham, B12 0UP with a Companies House number of 07046768. It operates in the general medical practice activities sector, SIC Code 86210. Founded in October 2009, it's largest shareholder is alexander andre boon liang wee with a 51% stake. Quickfin Ltd is a established, micro sized company, Pomanda has estimated its turnover at £81.1k with declining growth in recent years.

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Quickfin Ltd Health Check

Pomanda's financial health check has awarded Quickfin Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £81.1k, make it smaller than the average company (£1.4m)

£81.1k - Quickfin Ltd

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (7%)

-18% - Quickfin Ltd

7% - Industry AVG

production

Production

with a gross margin of 23.5%, this company has a higher cost of product (44.2%)

23.5% - Quickfin Ltd

44.2% - Industry AVG

profitability

Profitability

an operating margin of 0.1% make it less profitable than the average company (4.8%)

0.1% - Quickfin Ltd

4.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (16)

2 - Quickfin Ltd

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)

£34.5k - Quickfin Ltd

£34.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £40.6k, this is less efficient (£86.6k)

£40.6k - Quickfin Ltd

£86.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 75 days, this is later than average (39 days)

75 days - Quickfin Ltd

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 71 days, this is slower than average (26 days)

71 days - Quickfin Ltd

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Quickfin Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Quickfin Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (52.1%)

99.4% - Quickfin Ltd

52.1% - Industry AVG

QUICKFIN LTD financials

EXPORTms excel logo

Quickfin Ltd's latest turnover from October 2023 is estimated at £81.1 thousand and the company has net assets of £106. According to their latest financial statements, Quickfin Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010
Turnover81,13671,12980,936147,122104,969101,02377,925247,396192,397199,978509,689441,836458,03953,595
Other Income Or Grants
Cost Of Sales62,03354,65263,087105,85776,91871,79953,641164,679135,368144,476340,379298,656308,99836,359
Gross Profit19,10316,47717,85041,26628,05229,22324,28482,71657,02955,502169,309143,180149,04117,236
Admin Expenses19,01521,61323,81429,31440,74232,49738,43586,55966,070117,514162,416150,7035,35514,375
Operating Profit88-5,136-5,96411,952-12,690-3,274-14,151-3,843-9,041-62,0126,893-7,523143,6862,861
Interest Payable
Interest Receivable11407081555427
Pre-Tax Profit88-5,136-5,96411,952-12,690-3,274-14,151-3,832-9,001-61,9426,974-7,468143,7412,888
Tax-22-2,271-1,604-37,373-808
Profit After Tax66-5,136-5,9649,681-12,690-3,274-14,151-3,832-9,001-61,9425,370-7,468106,3682,079
Dividends Paid
Retained Profit66-5,136-5,9649,681-12,690-3,274-14,151-3,832-9,001-61,9425,370-7,468106,3682,079
Employee Costs69,00763,73063,67498,95498,03635,79333,50563,20460,19256,059101,596111,501108,69926,223
Number Of Employees22233112224441
EBITDA*88-5,136-5,96411,952-12,690-3,274-14,151-3,843-8,844-61,7317,26626,303177,67337,060

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010
Tangible Assets1111381722152703414325497018981,1781,5512,0442,697
Intangible Assets33,33366,667
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1111381722152703414325497018981,1781,55135,37769,364
Stock & work in progress
Trade Debtors16,73715,22418,38036,93520,40727,38225,30055,26139,76743,039110,157102,271102,4211,279
Group Debtors
Misc Debtors
Cash9,1197,03021,16511,17410,91010,760
misc current assets
total current assets16,73715,22418,38036,93520,40727,38225,30055,26148,88650,069131,322113,445113,33112,039
total assets16,84815,36218,55237,15020,67727,72325,73255,81049,58750,967132,500114,996148,70881,403
Bank overdraft
Bank loan
Trade Creditors 12,19210,7728,82626,01019,21813,5748,30924,23614,0816,46025,81613,60739,75278,658
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities12,19210,7728,82626,01019,21813,5748,30924,23614,0816,46025,81613,60739,75278,658
loans
hp & lease commitments
Accruals and Deferred Income4,5504,5504,550
other liabilities
provisions235310409566
total long term liabilities4,5504,5504,550235310409566
total liabilities16,74215,32213,37626,01019,21813,5748,30924,23614,0816,46026,05113,91740,16179,224
net assets106405,17611,1401,45914,14917,42331,57435,50644,507106,449101,079108,5472,179
total shareholders funds106405,17611,1401,45914,14917,42331,57435,50644,507106,449101,079108,5472,179
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010
Operating Activities
Operating Profit88-5,136-5,96411,952-12,690-3,274-14,151-3,843-9,041-62,0126,893-7,523143,6862,861
Depreciation197281373493653866
Amortisation33,33333,33433,333
Tax-22-2,271-1,604-37,373-808
Stock
Debtors1,513-3,156-18,55516,528-6,9752,082-29,96115,494-3,272-67,1187,886-150101,1421,279
Creditors1,4201,946-17,1846,7925,6445,265-15,92710,1557,621-19,35612,209-26,145-38,90678,658
Accruals and Deferred Income4,550
Deferred Taxes & Provisions-235-75-99-157566
Cash flow from operations-27-34-43-55-71-91-117-9,1822,049-14,2049,91020995114,197
Investing Activities
capital expenditure273443557191117152-1-103,563
Change in Investments
cash flow from investments273443557191117152-1-103,563
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest11407081555427
cash flow from financing-894070815554127
cash and cash equivalents
cash-9,1192,089-14,1359,99126415010,760
overdraft
change in cash-9,1192,089-14,1359,99126415010,760

quickfin ltd 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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Quickfin Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for quickfin ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in B12 area or any other competitors across 12 key performance metrics.

quickfin ltd Ownership

QUICKFIN LTD group structure

Quickfin Ltd has no subsidiary companies.

Ultimate parent company

QUICKFIN LTD

07046768

QUICKFIN LTD Shareholders

alexander andre boon liang wee 51%
wee lin chua 49%

quickfin ltd directors

Quickfin Ltd currently has 1 director, Mr Alexander Wee serving since Oct 2009.

officercountryagestartendrole
Mr Alexander Wee57 years Oct 2009- Director

P&L

October 2023

turnover

81.1k

+14%

operating profit

88

0%

gross margin

23.6%

+1.64%

turnover

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

Balance Sheet

October 2023

net assets

106

+1.65%

total assets

16.8k

+0.1%

cash

0

0%

net assets

Total assets minus all liabilities

quickfin ltd company details

company number

07046768

Type

Private limited with Share Capital

industry

86210 - General medical practice activities

incorporation date

October 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

15 leopold street, birmingham, B12 0UP

Bank

-

Legal Advisor

-

quickfin 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 quickfin ltd.

quickfin 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.

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quickfin ltd Companies House Filings - See Documents

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