q homes limited

q homes limited Company Information

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EstablishedSmallRapid

Company Number

07516093

Industry

Construction of domestic buildings

 

Shareholders

aspley homes building services ltd

Group Structure

View All

Contact

Registered Address

6th floor, amp house, dingwall road, croydon, CR0 2LX

q homes limited Estimated Valuation

£273.4k

Pomanda estimates the enterprise value of Q HOMES LIMITED at £273.4k based on a Turnover of £718.6k and 0.38x industry multiple (adjusted for size and gross margin).

q homes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of Q HOMES LIMITED at £0 based on an EBITDA of £-32.7k and a 2.88x industry multiple (adjusted for size and gross margin).

q homes limited Estimated Valuation

£195.1k

Pomanda estimates the enterprise value of Q HOMES LIMITED at £195.1k based on Net Assets of £143.5k and 1.36x industry multiple (adjusted for liquidity).

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Q Homes Limited Overview

Q Homes Limited is a live company located in croydon, CR0 2LX with a Companies House number of 07516093. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in February 2011, it's largest shareholder is aspley homes building services ltd with a 100% stake. Q Homes Limited is a established, small sized company, Pomanda has estimated its turnover at £718.6k with rapid growth in recent years.

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Q Homes Limited Health Check

Pomanda's financial health check has awarded Q Homes Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £718.6k, make it larger than the average company (£506.2k)

£718.6k - Q Homes Limited

£506.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (9.5%)

42% - Q Homes Limited

9.5% - Industry AVG

production

Production

with a gross margin of 10.1%, this company has a higher cost of product (20.3%)

10.1% - Q Homes Limited

20.3% - Industry AVG

profitability

Profitability

an operating margin of -4.6% make it less profitable than the average company (5.1%)

-4.6% - Q Homes Limited

5.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Q Homes Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £21.3k, the company has a lower pay structure (£43.4k)

£21.3k - Q Homes Limited

£43.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £359.3k, this is more efficient (£209k)

£359.3k - Q Homes Limited

£209k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (24 days)

0 days - Q Homes Limited

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 185 days, this is slower than average (30 days)

185 days - Q Homes Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 252 days, this is in line with average (278 days)

252 days - Q Homes Limited

278 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (13 weeks)

3 weeks - Q Homes Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.6%, this is a similar level of debt than the average (71.7%)

69.6% - Q Homes Limited

71.7% - Industry AVG

Q HOMES LIMITED financials

EXPORTms excel logo

Q Homes Limited's latest turnover from December 2023 is estimated at £718.6 thousand and the company has net assets of £143.5 thousand. According to their latest financial statements, Q Homes Limited has 2 employees and maintains cash reserves of £20.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Turnover718,5591,008,023768,351239,442248,836221,995185,798258,799283,227931,753655,607728,6570
Other Income Or Grants0000000000000
Cost Of Sales646,074906,765690,561215,028222,636194,509162,452222,880248,042817,109577,360639,8320
Gross Profit72,485101,25877,79024,41426,20127,48623,34635,91935,186114,64478,24788,8260
Admin Expenses105,853-58,824-54,30232,61337,52535,736-42,763-22,99178,239113,15568,51879,7940
Operating Profit-33,368160,082132,092-8,199-11,324-8,25066,10958,910-43,0531,4899,7299,0320
Interest Payable000000434100000
Interest Receivable1,02346336782126652041725980
Pre-Tax Profit-32,345160,544132,128-8,192-11,242-8,12466,13158,889-43,0121,5619,7889,0410
Tax0-30,503-25,104000-12,565-11,7780-328-2,251-2,1700
Profit After Tax-32,345130,041107,024-8,192-11,242-8,12453,56647,111-43,0121,2337,5376,8710
Dividends Paid0000000000000
Retained Profit-32,345130,041107,024-8,192-11,242-8,12453,56647,111-43,0121,2337,5376,8710
Employee Costs42,60254,071074,50479,22986,32579,00077,67881,27077,08237,57174,4520
Number Of Employees2222222222120
EBITDA*-32,651160,978133,212-8,199-10,844-7,77066,58959,390-42,5731,4899,7299,0320

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Tangible Assets2,8673,5844,480004809601,4401,9200000
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets2,8673,5844,480004809601,4401,9200000
Stock & work in progress446,975617,905497,427773,498710,920479,766350,759505,417368,481418,375288,862320,7740
Trade Debtors1,9012,8622,4170000003,2601,5201,2330
Group Debtors0000000000000
Misc Debtors0003,3457,1373,7351,8092,8011,9230000
Cash20,13018,86021,2717,5806,15815,77617,8387,9938,0808,46220,2203,3430
misc current assets0000000000000
total current assets469,006639,627521,115784,423724,215499,277370,406516,211378,484430,097310,602325,3500
total assets471,873643,211525,595784,423724,215499,757371,366517,651380,404430,097310,602325,3500
Bank overdraft00000001,30800000
Bank loan0000000000000
Trade Creditors 328,329467,322372,723000000414,356296,094318,3790
Group/Directors Accounts00000432,595282,595000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities000688,575670,1751,88015,365496,503407,6750000
total current liabilities328,329467,322372,723688,575670,175434,475297,960497,811407,675414,356296,094318,3790
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities00050,000000000000
provisions0000000000000
total long term liabilities00050,000000000000
total liabilities328,329467,322372,723738,575670,175434,475297,960497,811407,675414,356296,094318,3790
net assets143,544175,889152,87245,84854,04065,28273,40619,840-27,27115,74114,5086,9710
total shareholders funds143,544175,889152,87245,84854,04065,28273,40619,840-27,27115,74114,5086,9710
Dec 2023Dec 2022Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Operating Activities
Operating Profit-33,368160,082132,092-8,199-11,324-8,25066,10958,910-43,0531,4899,7299,0320
Depreciation7178961,12004804804804804800000
Amortisation0000000000000
Tax0-30,503-25,104000-12,565-11,7780-328-2,251-2,1700
Stock-170,930-155,593-276,07162,578231,154129,007-154,658136,936-49,894129,513-31,912320,7740
Debtors-961-483-928-3,7923,4021,926-992878-1,3371,7402871,2330
Creditors-138,993467,322372,72300000-414,356118,262-22,285318,3790
Accruals and Deferred Income0-688,575-688,57518,400668,295-13,485-481,13888,828407,6750000
Deferred Taxes & Provisions0000000000000
Cash flow from operations24765,29869,255-48,585422,895-152,188-271,464-1,3741,977-11,83016,8183,2340
Investing Activities
capital expenditure0-4,480-5,60000000-2,4000000
Change in Investments0000000000000
cash flow from investments0-4,480-5,60000000-2,4000000
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000-432,595150,000282,595000000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0-50,000-50,00050,000000000000
share issue000000000001000
interest1,0234633678212622-2141725980
cash flow from financing1,023-49,537-49,96450,007-432,513150,126282,617-214172591080
cash and cash equivalents
cash1,27011,28013,6911,422-9,618-2,0629,845-87-382-11,75816,8773,3430
overdraft000000-1,3081,30800000
change in cash1,27011,28013,6911,422-9,618-2,06211,153-1,395-382-11,75816,8773,3430

q homes limited 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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Q Homes Limited Competitor Analysis

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Perform a competitor analysis for q homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CR0 area or any other competitors across 12 key performance metrics.

q homes limited Ownership

Q HOMES LIMITED group structure

Q Homes Limited has no subsidiary companies.

Ultimate parent company

1 parent

Q HOMES LIMITED

07516093

Q HOMES LIMITED Shareholders

aspley homes building services ltd 100%

q homes limited directors

Q Homes Limited currently has 2 directors. The longest serving directors include Mr Kenneth Yates (Feb 2011) and Mrs Sandra Yates (Apr 2013).

officercountryagestartendrole
Mr Kenneth YatesEngland73 years Feb 2011- Director
Mrs Sandra Yates65 years Apr 2013- Director

P&L

December 2023

turnover

718.6k

-29%

operating profit

-33.4k

0%

gross margin

10.1%

+0.42%

turnover

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

Balance Sheet

December 2023

net assets

143.5k

-0.18%

total assets

471.9k

-0.27%

cash

20.1k

+0.07%

net assets

Total assets minus all liabilities

q homes limited company details

company number

07516093

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

February 2011

age

13

incorporated

UK

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

q homes (midlands) limited (March 2014)

accountant

DOSHI AND CO ACCOUNTANTS

auditor

-

address

6th floor, amp house, dingwall road, croydon, CR0 2LX

Bank

-

Legal Advisor

-

q homes 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 homes limited. Currently there are 2 open charges and 1 have been satisfied in the past.

charges

q homes limited Companies House Filings - See Documents

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