queensway print ltd

Dissolved 

queensway print ltd Company Information

Share QUEENSWAY PRINT LTD

Company Number

07278759

Shareholders

mr robert varney

mr thomas varney

Group Structure

View All

Industry

Printing (other than printing of newspapers and printing on labels and tags) n.e.c.

 

Registered Address

the mill, pury hill business park, alderton road, towcester, NN12 7LS

queensway print ltd Estimated Valuation

£69.5k

Pomanda estimates the enterprise value of QUEENSWAY PRINT LTD at £69.5k based on a Turnover of £195.8k and 0.36x industry multiple (adjusted for size and gross margin).

queensway print ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of QUEENSWAY PRINT LTD at £0 based on an EBITDA of £-39.2k and a 3.01x industry multiple (adjusted for size and gross margin).

queensway print ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of QUEENSWAY PRINT LTD at £0 based on Net Assets of £-69.9k and 1.61x industry multiple (adjusted for liquidity).

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Queensway Print Ltd Overview

Queensway Print Ltd is a dissolved company that was located in alderton road, NN12 7LS with a Companies House number of 07278759. It operated in the printing n.e.c. sector, SIC Code 18129. Founded in June 2010, it's largest shareholder was mr robert varney with a 75% stake. The last turnover for Queensway Print Ltd was estimated at £195.8k.

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Queensway Print Ltd Health Check

Pomanda's financial health check has awarded Queensway Print Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £195.8k, make it smaller than the average company (£8.3m)

£195.8k - Queensway Print Ltd

£8.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (1.7%)

-36% - Queensway Print Ltd

1.7% - Industry AVG

production

Production

with a gross margin of 30.4%, this company has a comparable cost of product (30.4%)

30.4% - Queensway Print Ltd

30.4% - Industry AVG

profitability

Profitability

an operating margin of -20% make it less profitable than the average company (3.8%)

-20% - Queensway Print Ltd

3.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (85)

2 - Queensway Print Ltd

85 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.3k, the company has an equivalent pay structure (£34.3k)

£34.3k - Queensway Print Ltd

£34.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £97.9k, this is less efficient (£119.9k)

£97.9k - Queensway Print Ltd

£119.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Queensway Print Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 128 days, this is slower than average (62 days)

128 days - Queensway Print Ltd

62 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Queensway Print Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)

0 weeks - Queensway Print Ltd

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 475.7%, this is a higher level of debt than the average (63.1%)

475.7% - Queensway Print Ltd

63.1% - Industry AVG

QUEENSWAY PRINT LTD financials

EXPORTms excel logo

Queensway Print Ltd's latest turnover from July 2019 is estimated at £195.8 thousand and the company has net assets of -£69.9 thousand. According to their latest financial statements, we estimate that Queensway Print Ltd has 2 employees and maintains cash reserves of £390 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011
Turnover195,836546,111643,149760,7021,265,3181,227,1881,012,462577,8081,592,286
Other Income Or Grants
Cost Of Sales136,363373,742430,365495,676830,071813,156672,416373,4411,006,240
Gross Profit59,473172,369212,784265,027435,247414,032340,046204,368586,046
Admin Expenses98,623278,406197,895241,046483,870387,081319,049223,368486,601
Operating Profit-39,150-106,03714,88923,981-48,62326,95120,997-19,00099,445
Interest Payable3653
Interest Receivable22241447861591568329
Pre-Tax Profit-39,131-106,01914,89824,025-48,53727,11021,153-18,91799,474
Tax-2,831-4,805-5,693-4,865-25,863
Profit After Tax-39,131-106,01912,06719,220-48,53721,41716,288-18,91773,611
Dividends Paid
Retained Profit-39,131-106,01912,06719,220-48,53721,41716,288-18,91773,611
Employee Costs68,603131,574127,819127,541378,860377,998306,491183,329491,140
Number Of Employees2444121210616
EBITDA*-39,150-104,42620,03730,712-30,74940,31734,964-3,343113,195

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011
Tangible Assets6,44617,42620,19126,92113,39517,80020,26914,553
Intangible Assets8,90015,20226,70035,600
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets6,44617,42620,19126,92122,29533,00246,96950,153
Stock & work in progress
Trade Debtors114,064144,037159,595247,271244,380189,235109,630307,424
Group Debtors
Misc Debtors18,21612,218128,528151,052
Cash3905,4933,9647,15811,46222,79540,74721,57411,749
misc current assets
total current assets18,606131,775276,529317,805258,733267,175229,982131,204319,173
total assets18,606138,221293,955337,996285,654289,470262,984178,173369,326
Bank overdraft878787
Bank loan
Trade Creditors 47,842103,668123,939213,331241,692196,971191,902123,379295,615
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities40,66565,23694,68061,396
total current liabilities88,507168,991218,706274,814241,692196,971191,902123,379295,615
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities88,507168,991218,706274,814241,692196,971191,902123,379295,615
net assets-69,901-30,77075,24963,18243,96292,49971,08254,79473,711
total shareholders funds-69,901-30,77075,24963,18243,96292,49971,08254,79473,711
Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011
Operating Activities
Operating Profit-39,150-106,03714,88923,981-48,62326,95120,997-19,00099,445
Depreciation1,6115,1486,7318,9744,4665,0676,7574,850
Amortisation8,9008,9008,9008,9008,900
Tax-2,831-4,805-5,693-4,865-25,863
Stock
Debtors-108,066-146,283-38,08263,3762,89155,14579,605-197,794307,424
Creditors-55,826-20,271-89,392-28,36144,7215,06968,523-172,236295,615
Accruals and Deferred Income-24,571-29,44433,28461,396
Deferred Taxes & Provisions
Cash flow from operations-11,481-7,858-820-4,43411,081-15,45219,01722,21575,523
Investing Activities
capital expenditure6,4469,369-2,383-1-22,500-2,659-12,473-63,903
Change in Investments
cash flow from investments6,4469,369-2,383-1-22,500-2,659-12,473-63,903
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest1918944861591568329
cash flow from financing19189448615915683129
cash and cash equivalents
cash-5,1031,529-3,194-4,304-11,333-17,95219,1739,82511,749
overdraft-8787
change in cash-5,0161,529-3,194-4,391-11,333-17,95219,1739,82511,749

queensway print 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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Queensway Print Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for queensway print ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in NN12 area or any other competitors across 12 key performance metrics.

queensway print ltd Ownership

QUEENSWAY PRINT LTD group structure

Queensway Print Ltd has no subsidiary companies.

Ultimate parent company

QUEENSWAY PRINT LTD

07278759

QUEENSWAY PRINT LTD Shareholders

mr robert varney 75%
mr thomas varney 25%

queensway print ltd directors

Queensway Print Ltd currently has 2 directors. The longest serving directors include Mr Robert Varney (Jun 2010) and Mr Thomas Varney (Nov 2014).

officercountryagestartendrole
Mr Robert VarneyUnited Kingdom64 years Jun 2010- Director
Mr Thomas VarneyUnited Kingdom36 years Nov 2014- Director

P&L

July 2019

turnover

195.8k

-64%

operating profit

-39.2k

0%

gross margin

30.4%

-3.78%

turnover

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

Balance Sheet

July 2019

net assets

-69.9k

+1.27%

total assets

18.6k

-0.87%

cash

390

-0.93%

net assets

Total assets minus all liabilities

queensway print ltd company details

company number

07278759

Type

Private limited with Share Capital

industry

18129 - Printing (other than printing of newspapers and printing on labels and tags) n.e.c.

incorporation date

June 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2019

previous names

N/A

accountant

KRW ACCOUNTANTS LTD

auditor

-

address

the mill, pury hill business park, alderton road, towcester, NN12 7LS

Bank

-

Legal Advisor

-

queensway print 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 queensway print ltd.

queensway print 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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queensway print ltd Companies House Filings - See Documents

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