qnetic limited
qnetic limited Company Information
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
13-14 orchard street, orchard street business centre, bristol, BS1 5EH
Website
ifacility.co.ukqnetic limited Estimated Valuation
Pomanda estimates the enterprise value of QNETIC LIMITED at £1.8m based on a Turnover of £4.1m and 0.44x industry multiple (adjusted for size and gross margin).
qnetic limited Estimated Valuation
Pomanda estimates the enterprise value of QNETIC LIMITED at £84.5k based on an EBITDA of £26.4k and a 3.2x industry multiple (adjusted for size and gross margin).
qnetic limited Estimated Valuation
Pomanda estimates the enterprise value of QNETIC LIMITED at £7.5k based on Net Assets of £3.5k and 2.13x industry multiple (adjusted for liquidity).
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Qnetic Limited Overview
Qnetic Limited is a dissolved company that was located in bristol, BS1 5EH with a Companies House number of 07531858. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2011, it's largest shareholder was tftg ltd with a 100% stake. The last turnover for Qnetic Limited was estimated at £4.1m.
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Qnetic Limited Health Check
Pomanda's financial health check has awarded Qnetic Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £4.1m, make it larger than the average company (£1.6m)
- Qnetic Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 57%, show it is growing at a faster rate (4.2%)
- Qnetic Limited
4.2% - Industry AVG
Production
with a gross margin of 17.8%, this company has a higher cost of product (38.2%)
- Qnetic Limited
38.2% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (6.9%)
- Qnetic Limited
6.9% - Industry AVG
Employees
with 14 employees, this is below the industry average (22)
- Qnetic Limited
22 - Industry AVG
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£38k)
- Qnetic Limited
£38k - Industry AVG
Efficiency
resulting in sales per employee of £293.3k, this is more efficient (£132.1k)
- Qnetic Limited
£132.1k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (41 days)
- Qnetic Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 148 days, this is slower than average (34 days)
- Qnetic Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (27 days)
- Qnetic Limited
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Qnetic Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (67.5%)
99.8% - Qnetic Limited
67.5% - Industry AVG
QNETIC LIMITED financials
Qnetic Limited's latest turnover from July 2016 is estimated at £4.1 million and the company has net assets of £3.5 thousand. According to their latest financial statements, we estimate that Qnetic Limited has 14 employees and maintains cash reserves of £23.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|
| 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|
| Tangible Assets | 184,128 | 205,509 | 91,182 | 48,153 | 38,229 |
| Intangible Assets | 10,937 | 12,000 | 12,750 | 13,500 | 14,250 |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 195,065 | 217,509 | 103,932 | 61,653 | 52,479 |
| Stock & work in progress | 72,561 | 74,448 | 22,500 | 2,500 | 500 |
| Trade Debtors | 1,035,172 | 631,265 | 497,665 | 234,037 | 216,330 |
| Group Debtors | |||||
| Misc Debtors | 130,192 | 91,077 | 99,228 | 76,700 | |
| Cash | 23,263 | 77,647 | 77,248 | 93,715 | 14,586 |
| misc current assets | |||||
| total current assets | 1,261,188 | 874,437 | 696,641 | 406,952 | 231,416 |
| total assets | 1,456,253 | 1,091,946 | 800,573 | 468,605 | 283,895 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 1,377,534 | 949,918 | 697,830 | 412,740 | 237,288 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 1,377,534 | 949,918 | 697,830 | 412,740 | 237,288 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 46,603 | 62,011 | 32,335 | 15,140 | 21,172 |
| provisions | 28,589 | 34,790 | 17,285 | 7,821 | 5,303 |
| total long term liabilities | 75,192 | 96,801 | 49,620 | 22,961 | 26,475 |
| total liabilities | 1,452,726 | 1,046,719 | 747,450 | 435,701 | 263,763 |
| net assets | 3,527 | 45,227 | 53,123 | 32,904 | 20,132 |
| total shareholders funds | 3,527 | 45,227 | 53,123 | 32,904 | 20,132 |
| Jul 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 67,294 | 61,798 | 29,627 | 16,947 | 10,832 |
| Amortisation | 1,063 | 750 | 750 | 750 | 750 |
| Tax | |||||
| Stock | -1,887 | 51,948 | 20,000 | 2,000 | 500 |
| Debtors | 443,022 | 125,449 | 286,156 | 94,407 | 216,330 |
| Creditors | 427,616 | 252,088 | 285,090 | 175,452 | 237,288 |
| Accruals and Deferred Income | |||||
| Deferred Taxes & Provisions | -6,201 | 17,505 | 9,464 | 2,518 | 5,303 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -15,408 | 29,676 | 17,195 | -6,032 | 21,172 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -54,384 | 399 | -16,467 | 79,129 | 14,586 |
| overdraft | |||||
| change in cash | -54,384 | 399 | -16,467 | 79,129 | 14,586 |
qnetic limited Credit Report and Business Information
Qnetic Limited Competitor Analysis
Perform a competitor analysis for qnetic limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in BS1 area or any other competitors across 12 key performance metrics.
qnetic limited Ownership
QNETIC LIMITED group structure
Qnetic Limited has no subsidiary companies.
qnetic limited directors
Qnetic Limited currently has 2 directors. The longest serving directors include Mr Paul Curran (Mar 2012) and Mr Nathan Dervin (Mar 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Curran | United Kingdom | 50 years | Mar 2012 | - | Director |
| Mr Nathan Dervin | 49 years | Mar 2012 | - | Director |
P&L
July 2016turnover
4.1m
+53%
operating profit
-42k
0%
gross margin
17.8%
+7.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2016net assets
3.5k
-0.92%
total assets
1.5m
+0.33%
cash
23.3k
-0.7%
net assets
Total assets minus all liabilities
qnetic limited company details
company number
07531858
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
July 2016
previous names
N/A
accountant
-
auditor
-
address
13-14 orchard street, orchard street business centre, bristol, BS1 5EH
Bank
-
Legal Advisor
-
qnetic 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 did not find charges/mortgages relating to qnetic limited.
qnetic limited 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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qnetic limited Companies House Filings - See Documents
| date | description | view/download |
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