quiqsolutions limited
quiqsolutions limited Company Information
Company Number
07618364
Next Accounts
Sep 2025
Industry
Business and domestic software development
Shareholders
citation limited
Group Structure
View All
Contact
Registered Address
kings court water lane, wilmslow, cheshire, SK9 5AR
Website
www.quiqsolutions.comquiqsolutions limited Estimated Valuation
Pomanda estimates the enterprise value of QUIQSOLUTIONS LIMITED at £712.2k based on a Turnover of £673.9k and 1.06x industry multiple (adjusted for size and gross margin).
quiqsolutions limited Estimated Valuation
Pomanda estimates the enterprise value of QUIQSOLUTIONS LIMITED at £2.4m based on an EBITDA of £385.1k and a 6.34x industry multiple (adjusted for size and gross margin).
quiqsolutions limited Estimated Valuation
Pomanda estimates the enterprise value of QUIQSOLUTIONS LIMITED at £2.6m based on Net Assets of £1.1m and 2.37x industry multiple (adjusted for liquidity).
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Quiqsolutions Limited Overview
Quiqsolutions Limited is a live company located in cheshire, SK9 5AR with a Companies House number of 07618364. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2011, it's largest shareholder is citation limited with a 100% stake. Quiqsolutions Limited is a established, small sized company, Pomanda has estimated its turnover at £673.9k with rapid growth in recent years.
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Quiqsolutions Limited Health Check
Pomanda's financial health check has awarded Quiqsolutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
3 Weak
Size
annual sales of £821.5k, make it smaller than the average company (£3.2m)
£821.5k - Quiqsolutions Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 56%, show it is growing at a faster rate (8.3%)
- Quiqsolutions Limited
8.3% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (72.1%)
100% - Quiqsolutions Limited
72.1% - Industry AVG
Profitability
an operating margin of 57.3% make it more profitable than the average company (3.5%)
57.3% - Quiqsolutions Limited
3.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (28)
6 - Quiqsolutions Limited
28 - Industry AVG
Pay Structure
on an average salary of £51.3k, the company has a lower pay structure (£65.6k)
£51.3k - Quiqsolutions Limited
£65.6k - Industry AVG
Efficiency
resulting in sales per employee of £136.9k, this is more efficient (£110.6k)
£136.9k - Quiqsolutions Limited
£110.6k - Industry AVG
Debtor Days
it gets paid by customers after 190 days, this is later than average (64 days)
190 days - Quiqsolutions Limited
64 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Quiqsolutions Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Quiqsolutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 70 weeks, this is more cash available to meet short term requirements (20 weeks)
70 weeks - Quiqsolutions Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.4%, this is a lower level of debt than the average (61.5%)
52.4% - Quiqsolutions Limited
61.5% - Industry AVG
QUIQSOLUTIONS LIMITED financials
Quiqsolutions Limited's latest turnover from December 2023 is £673.9 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Quiqsolutions Limited has 4 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 673,858 | 821,512 | |||||||||||
| Other Income Or Grants | 0 | 0 | |||||||||||
| Cost Of Sales | 10,454 | 0 | |||||||||||
| Gross Profit | 663,404 | 821,512 | |||||||||||
| Admin Expenses | 278,268 | 351,038 | |||||||||||
| Operating Profit | 385,136 | 470,474 | |||||||||||
| Interest Payable | 0 | 0 | |||||||||||
| Interest Receivable | 1,864 | 788 | |||||||||||
| Pre-Tax Profit | 387,000 | 471,262 | |||||||||||
| Tax | 736 | -90,111 | |||||||||||
| Profit After Tax | 387,736 | 381,151 | |||||||||||
| Dividends Paid | 0 | 0 | |||||||||||
| Retained Profit | 387,736 | 381,151 | |||||||||||
| Employee Costs | 186,762 | 307,861 | |||||||||||
| Number Of Employees | 4 | 6 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
| EBITDA* | 385,136 | 472,461 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,319 | 12,937 | 11,333 | 10,117 | 9,287 | 9,003 | 8,995 | 7,973 | 7,274 | 5,027 | 3,944 | 2,770 | 1,433 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 14,319 | 12,937 | 11,333 | 10,117 | 9,287 | 9,003 | 8,995 | 7,973 | 7,274 | 5,027 | 3,944 | 2,770 | 1,433 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500 | 500 | 500 | 18,000 | 27,500 | 19,879 |
| Trade Debtors | 85,095 | 429,336 | 138,515 | 25,000 | 53,814 | 37,964 | 51,665 | 85,217 | 54,711 | 5,298 | 0 | 123 | 1,573 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,868 | 334 | 15,094 | 15,010 | 197 | 1,876 | 12,966 | 304 | 8,687 | 0 | 0 | 0 | 0 |
| Cash | 1,262,987 | 1,079,125 | 1,060,029 | 501,534 | 372,715 | 266,376 | 251,059 | 77,212 | 66,942 | 25,471 | 18,426 | 7,087 | 7,704 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,357,950 | 1,508,795 | 1,213,638 | 541,544 | 426,726 | 306,216 | 315,690 | 163,233 | 130,840 | 31,269 | 36,426 | 34,710 | 29,156 |
| total assets | 1,372,269 | 1,521,732 | 1,224,971 | 551,661 | 436,013 | 315,219 | 324,685 | 171,206 | 138,114 | 36,296 | 40,370 | 37,480 | 30,589 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 124 | 74 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 24,658 | 2,790 | 925 | 587 | 530 | 1,103 | 5,010 | 1,394 | 1,909 | 18,388 | 37,570 | 37,324 | 30,334 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 246,522 | 791,935 | 646,359 | 239,541 | 75,983 | 77,073 | 162,696 | 54,814 | 47,757 | 0 | 0 | 0 | 0 |
| total current liabilities | 271,180 | 794,725 | 647,284 | 240,128 | 76,513 | 78,176 | 167,706 | 56,332 | 49,740 | 18,388 | 37,570 | 37,324 | 30,334 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 3,580 | 3,234 | 2,153 | 1,922 | 1,765 | 1,531 | 1,709 | 1,595 | 1,455 | 1,005 | 789 | 0 | 0 |
| total long term liabilities | 3,580 | 3,234 | 2,153 | 1,922 | 1,765 | 1,531 | 1,709 | 1,595 | 1,455 | 1,005 | 789 | 0 | 0 |
| total liabilities | 274,760 | 797,959 | 649,437 | 242,050 | 78,278 | 79,707 | 169,415 | 57,927 | 51,195 | 19,393 | 38,359 | 37,324 | 30,334 |
| net assets | 1,097,509 | 723,773 | 575,534 | 309,611 | 357,735 | 235,512 | 155,270 | 113,279 | 86,919 | 16,903 | 2,011 | 156 | 255 |
| total shareholders funds | 1,097,509 | 723,773 | 575,534 | 309,611 | 357,735 | 235,512 | 155,270 | 113,279 | 86,919 | 16,903 | 2,011 | 156 | 255 |
| Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 385,136 | 470,474 | |||||||||||
| Depreciation | 1,987 | 1,957 | 2,052 | 1,639 | 1,589 | 1,588 | 1,407 | 1,284 | 887 | 696 | 489 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 736 | -90,111 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -500 | 0 | 0 | -17,500 | -9,500 | 7,621 | 19,879 |
| Debtors | -58,646 | 276,061 | 113,599 | -14,001 | 14,171 | -24,791 | -20,890 | 22,123 | 58,100 | 5,298 | -123 | -1,450 | 1,573 |
| Creditors | 23,733 | 1,865 | 338 | 57 | -573 | -3,907 | 3,616 | -515 | -16,479 | -19,182 | 246 | 6,990 | 30,334 |
| Accruals and Deferred Income | -399,837 | 145,576 | 406,818 | 163,558 | -1,090 | -85,623 | 107,882 | 7,057 | 47,757 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 1,427 | 1,081 | 231 | 157 | 234 | -178 | 114 | 140 | 450 | 216 | 789 | 0 | 0 |
| Cash flow from operations | 254,811 | ||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 1,864 | 788 | |||||||||||
| cash flow from financing | 136,103 | -232,124 | |||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 202,958 | 19,096 | 558,495 | 128,819 | 106,339 | 15,317 | 173,847 | 10,270 | 41,471 | 7,045 | 11,339 | -617 | 7,704 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -124 | 50 | 74 | 0 | 0 | 0 | 0 |
| change in cash | 202,958 | 19,096 | 558,495 | 128,819 | 106,339 | 15,317 | 173,971 | 10,220 | 41,397 | 7,045 | 11,339 | -617 | 7,704 |
quiqsolutions limited Credit Report and Business Information
Quiqsolutions Limited Competitor Analysis
Perform a competitor analysis for quiqsolutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in SK9 area or any other competitors across 12 key performance metrics.
quiqsolutions limited Ownership
QUIQSOLUTIONS LIMITED group structure
Quiqsolutions Limited has no subsidiary companies.
Ultimate parent company
QUIQSOLUTIONS LIMITED
07618364
quiqsolutions limited directors
Quiqsolutions Limited currently has 3 directors. The longest serving directors include Mr Matthew Stewart (Sep 2023) and Ms Eloise Wann (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Stewart | United Kingdom | 48 years | Sep 2023 | - | Director |
| Ms Eloise Wann | United Kingdom | 47 years | Sep 2023 | - | Director |
| Mr Christopher Morris | United Kingdom | 52 years | Sep 2023 | - | Director |
P&L
December 2023turnover
673.9k
0%
operating profit
385.1k
0%
gross margin
98.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.1m
+0.91%
total assets
1.4m
+0.12%
cash
1.3m
+0.19%
net assets
Total assets minus all liabilities
quiqsolutions limited company details
company number
07618364
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 2011
age
14
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
kings court water lane, wilmslow, cheshire, SK9 5AR
Bank
-
Legal Advisor
-
quiqsolutions 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 quiqsolutions limited.
quiqsolutions 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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quiqsolutions limited Companies House Filings - See Documents
| date | description | view/download |
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