qahe (ulst) limited
qahe (ulst) limited Company Information
Company Number
07397103
Website
http://ulster.ac.ukRegistered Address
international house third floor, 1 st katharine's way, london, E1W 1UN
Industry
Other education n.e.c.
Telephone
08450747965
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
qahe limited 100%
qahe (ulst) limited Estimated Valuation
Pomanda estimates the enterprise value of QAHE (ULST) LIMITED at £51.3m based on a Turnover of £39.7m and 1.29x industry multiple (adjusted for size and gross margin).
qahe (ulst) limited Estimated Valuation
Pomanda estimates the enterprise value of QAHE (ULST) LIMITED at £62.8m based on an EBITDA of £9.6m and a 6.54x industry multiple (adjusted for size and gross margin).
qahe (ulst) limited Estimated Valuation
Pomanda estimates the enterprise value of QAHE (ULST) LIMITED at £20.3m based on Net Assets of £12.1m and 1.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Qahe (ulst) Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Qahe (ulst) Limited Overview
Qahe (ulst) Limited is a live company located in london, E1W 1UN with a Companies House number of 07397103. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in October 2010, it's largest shareholder is qahe limited with a 100% stake. Qahe (ulst) Limited is a established, large sized company, Pomanda has estimated its turnover at £39.7m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Qahe (ulst) Limited Health Check
Pomanda's financial health check has awarded Qahe (Ulst) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
2 Weak
Size
annual sales of £39.7m, make it larger than the average company (£490.8k)
£39.7m - Qahe (ulst) Limited
£490.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (4.3%)
82% - Qahe (ulst) Limited
4.3% - Industry AVG
Production
with a gross margin of 57.2%, this company has a comparable cost of product (56.8%)
57.2% - Qahe (ulst) Limited
56.8% - Industry AVG
Profitability
an operating margin of 24.2% make it more profitable than the average company (6%)
24.2% - Qahe (ulst) Limited
6% - Industry AVG
Employees
with 462 employees, this is above the industry average (14)
- Qahe (ulst) Limited
14 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Qahe (ulst) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £85.9k, this is more efficient (£50.2k)
- Qahe (ulst) Limited
£50.2k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is later than average (18 days)
37 days - Qahe (ulst) Limited
18 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Qahe (ulst) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Qahe (ulst) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Qahe (ulst) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.5%, this is a higher level of debt than the average (22.8%)
71.5% - Qahe (ulst) Limited
22.8% - Industry AVG
qahe (ulst) limited Credit Report and Business Information
Qahe (ulst) Limited Competitor Analysis
Perform a competitor analysis for qahe (ulst) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
qahe (ulst) limited Ownership
QAHE (ULST) LIMITED group structure
Qahe (Ulst) Limited has no subsidiary companies.
Ultimate parent company
INDIGOCYAN HOLDINGS JERSEY LTD
#0068851
2 parents
QAHE (ULST) LIMITED
07397103
qahe (ulst) limited directors
Qahe (Ulst) Limited currently has 4 directors. The longest serving directors include Mr Nathan Runnicles (May 2018) and Mr Paul Geddes (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nathan Runnicles | United Kingdom | 50 years | May 2018 | - | Director |
| Mr Paul Geddes | United Kingdom | 54 years | Sep 2019 | - | Director |
| Mr Simon Nelson | England | 54 years | Dec 2021 | - | Director |
| Mr Timothy Slater | 51 years | Jun 2023 | - | Director |
QAHE (ULST) LIMITED financials
Qahe (Ulst) Limited's latest turnover from May 2023 is £39.7 million and the company has net assets of £12.1 million. According to their latest financial statements, we estimate that Qahe (Ulst) Limited has 462 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Jun 2018 | Jun 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 39,700,000 | 27,700,000 | 13,200,000 | 6,600,000 | 2,954,000 | 2,774,327 | 3,585,124 | 4,949,710 | 7,225,138 | 6,491,979 | 10,263,007 | 5,587,056 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 17,000,000 | 16,200,000 | 6,600,000 | 5,000,000 | 1,708,000 | 1,461,960 | 1,758,400 | 2,241,362 | 3,184,968 | 2,937,781 | 3,633,387 | 2,052,102 | 0 |
| Gross Profit | 22,700,000 | 11,500,000 | 6,600,000 | 1,600,000 | 1,246,000 | 1,312,367 | 1,826,724 | 2,708,348 | 4,040,170 | 3,554,198 | 6,629,620 | 3,534,954 | 0 |
| Admin Expenses | 13,100,000 | 5,300,000 | 5,400,000 | 2,000,000 | 2,256,908 | 1,880,505 | 3,412,856 | 4,589,001 | 5,526,774 | 7,034,000 | 3,220,229 | 514,389 | |
| Operating Profit | 9,600,000 | 6,200,000 | 1,200,000 | -400,000 | -944,541 | -53,781 | -704,508 | -548,831 | -1,972,576 | -404,380 | 314,725 | -514,389 | |
| Interest Payable | 0 | 0 | 0 | 0 | 10,000 | 10,068 | 10,000 | 13,702 | 22,228 | 26,026 | 19,390 | 8,844 | 148 |
| Interest Receivable | 0 | 200,000 | 200,000 | 200,000 | 182,000 | 173,397 | 172,599 | 159,066 | 101,550 | 13,538 | 0 | 0 | 0 |
| Pre-Tax Profit | 9,600,000 | 6,400,000 | 1,400,000 | -200,000 | -867,000 | -781,212 | 108,818 | -559,144 | -469,509 | -1,985,062 | -423,770 | 305,881 | -514,537 |
| Tax | -1,900,000 | -1,200,000 | -300,000 | 0 | 96,000 | -34,979 | -35,886 | -4,462 | 71,773 | 68,652 | -123,905 | 126,996 | 0 |
| Profit After Tax | 7,700,000 | 5,200,000 | 1,100,000 | -200,000 | -771,000 | -816,191 | 72,932 | -563,606 | -397,736 | -1,916,410 | -547,675 | 432,877 | -514,537 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 7,700,000 | 5,200,000 | 1,100,000 | -200,000 | -771,000 | -816,191 | 72,932 | -563,606 | -397,736 | -1,916,410 | -547,675 | 432,877 | -514,537 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 9,238,233 | 5,413,603 | 4,005,197 | 3,575,520 | 2,781,722 | 2,765,668 | 1,009,173 | 200,938 |
| Number Of Employees | 2 | 3 | 171 | 112 | 102 | 74 | 83 | 81 | 30 | 8 | |||
| EBITDA* | 9,600,000 | 6,200,000 | 1,200,000 | -400,000 | -586,596 | 225,817 | -342,283 | 159,591 | -1,385,783 | 34,008 | 478,590 | -508,184 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Jun 2018 | Jun 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 1,264,717 | 885,287 | 854,147 | 771,752 | 1,330,692 | 1,400,144 | 830,488 | 208,134 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 10,000 | 1,274,717 | 895,287 | 864,147 | 781,752 | 1,340,692 | 1,410,144 | 830,488 | 208,134 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,100,000 | 5,000,000 | 1,200,000 | 10,300,000 | 280,000 | 5,137,690 | 228,618 | 654,801 | 2,594,271 | 646,014 | 1,096,555 | 1,550,187 | 0 |
| Group Debtors | 38,300,000 | 27,100,000 | 15,300,000 | 0 | 3,855,000 | 0 | 3,375,094 | 5,330,529 | 4,363,942 | 834,090 | 500,080 | 80 | 80 |
| Misc Debtors | 0 | 0 | 0 | 400,000 | 165,000 | 0 | 191,893 | 242,025 | 184,651 | 455,240 | 18,354 | 526,423 | 26,465 |
| Cash | 0 | 0 | 6,700,000 | 0 | 1,856,000 | 471,421 | 9,561,107 | 1,617,447 | 255,565 | 782,394 | 2,874,505 | 1,776,819 | 25,724 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 42,400,000 | 32,100,000 | 23,200,000 | 10,700,000 | 6,156,000 | 5,609,111 | 13,356,712 | 7,844,802 | 7,398,429 | 2,717,738 | 4,489,494 | 3,853,509 | 52,269 |
| total assets | 42,400,000 | 32,100,000 | 23,200,000 | 10,700,000 | 6,166,000 | 6,883,828 | 14,251,999 | 8,708,949 | 8,180,181 | 4,058,430 | 5,899,638 | 4,683,997 | 260,403 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 0 | 0 | 0 | 207,000 | 6,768,476 | 67,068 | 483,729 | 399,051 | 530,598 | 245,465 | 131,308 | 199,779 |
| Group/Directors Accounts | 0 | 0 | 7,800,000 | 10,600,000 | 6,018,000 | 0 | 11,295,847 | 6,312,131 | 4,203,890 | 1,815,090 | 1,537,364 | 445,376 | 378,875 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 | 100,000 | 100,000 | 114,986 | 104,986 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 30,300,000 | 27,700,000 | 16,200,000 | 2,000,000 | 1,662,000 | 0 | 1,589,505 | 1,044,627 | 749,173 | 1,281,322 | 915,135 | 676,356 | 196,186 |
| total current liabilities | 30,300,000 | 27,700,000 | 24,000,000 | 12,600,000 | 7,887,000 | 6,768,476 | 13,052,420 | 7,940,487 | 5,452,114 | 3,741,996 | 2,802,950 | 1,253,040 | 774,840 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 1,065,598 | 1,333,634 | 975,449 | 2,371,448 | 2,462,079 | 3,325,923 | 3,512,517 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 1,065,598 | 1,333,634 | 975,449 | 2,371,448 | 2,462,079 | 3,325,923 | 3,512,517 | 0 |
| total liabilities | 30,300,000 | 27,700,000 | 24,000,000 | 12,600,000 | 7,887,000 | 7,834,074 | 14,386,054 | 8,915,936 | 7,823,562 | 6,204,075 | 6,128,873 | 4,765,557 | 774,840 |
| net assets | 12,100,000 | 4,400,000 | -800,000 | -1,900,000 | -1,721,000 | -950,246 | -134,055 | -206,987 | 356,619 | -2,145,645 | -229,235 | -81,560 | -514,437 |
| total shareholders funds | 12,100,000 | 4,400,000 | -800,000 | -1,900,000 | -1,721,000 | -950,246 | -134,055 | -206,987 | 356,619 | -2,145,645 | -229,235 | -81,560 | -514,437 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Jun 2018 | Jun 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 9,600,000 | 6,200,000 | 1,200,000 | -400,000 | -944,541 | -53,781 | -704,508 | -548,831 | -1,972,576 | -404,380 | 314,725 | -514,389 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 357,945 | 279,598 | 362,225 | 708,422 | 586,793 | 438,388 | 163,865 | 6,205 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,900,000 | -1,200,000 | -300,000 | 0 | 96,000 | -34,979 | -35,886 | -4,462 | 71,773 | 68,652 | -123,905 | 126,996 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 10,300,000 | 15,600,000 | 5,800,000 | 6,400,000 | -837,690 | 1,342,085 | -2,431,750 | -915,509 | 5,207,520 | 320,355 | -461,701 | 2,050,145 | 26,545 |
| Creditors | 0 | 0 | 0 | -207,000 | -6,561,476 | 6,701,408 | -416,661 | 84,678 | -131,547 | 285,133 | 114,157 | -68,471 | 199,779 |
| Accruals and Deferred Income | 2,600,000 | 11,500,000 | 14,200,000 | 338,000 | 596,402 | -1,857,541 | 903,063 | -1,100,545 | -622,780 | -497,657 | 52,185 | 3,992,687 | 196,186 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 0 | 900,000 | 9,300,000 | -6,669,000 | 2,880,207 | 3,108,083 | -447,103 | -5,730,483 | -1,850,010 | 538,146 | 2,479,657 | -138,764 | |
| Investing Activities | |||||||||||||
| capital expenditure | -214,339 | ||||||||||||
| Change in Investments | 0 | 0 | 0 | -10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 0 | 0 |
| cash flow from investments | -214,339 | ||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -7,800,000 | -2,800,000 | 4,582,000 | 6,018,000 | -11,295,847 | 4,983,716 | 2,108,241 | 2,388,800 | 277,726 | 1,091,988 | 66,501 | 378,875 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -100,000 | 0 | 0 | -14,986 | 10,000 | 104,986 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 200,000 | 200,000 | 200,000 | 172,000 | 163,329 | 162,599 | 145,364 | 79,322 | -12,488 | -19,390 | -8,844 | -148 |
| cash flow from financing | 0 | -7,600,000 | -2,600,000 | 4,803,000 | 6,190,246 | -11,232,518 | 5,146,315 | 2,253,605 | 5,353,136 | 275,238 | 1,577,584 | 57,657 | 378,827 |
| cash and cash equivalents | |||||||||||||
| cash | 0 | -6,700,000 | 6,700,000 | -1,856,000 | 1,384,579 | -9,089,686 | 7,943,660 | 1,361,882 | -526,829 | -2,092,111 | 1,097,686 | 1,751,095 | 25,724 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -6,700,000 | 6,700,000 | -1,856,000 | 1,384,579 | -9,089,686 | 7,943,660 | 1,361,882 | -526,829 | -2,092,111 | 1,097,686 | 1,751,095 | 25,724 |
P&L
May 2023turnover
39.7m
+43%
operating profit
9.6m
+55%
gross margin
57.2%
+37.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
12.1m
+1.75%
total assets
42.4m
+0.32%
cash
0
0%
net assets
Total assets minus all liabilities
qahe (ulst) limited company details
company number
07397103
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
October 2010
age
14
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
qa business school limited (July 2014)
incorporated
UK
address
international house third floor, 1 st katharine's way, london, E1W 1UN
last accounts submitted
May 2023
qahe (ulst) 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 6 charges/mortgages relating to qahe (ulst) limited. Currently there are 1 open charges and 5 have been satisfied in the past.
qahe (ulst) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
