qh development limited
qh development limited Company Information
Company Number
08196361
Next Accounts
Aug 2025
Shareholders
chris anderson
jane anderson
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
birdsfoot house, fisherman's reach, salisbury, wiltshire, SP2 9BG
Website
-qh development limited Estimated Valuation
Pomanda estimates the enterprise value of QH DEVELOPMENT LIMITED at £564.4k based on a Turnover of £190.7k and 2.96x industry multiple (adjusted for size and gross margin).
qh development limited Estimated Valuation
Pomanda estimates the enterprise value of QH DEVELOPMENT LIMITED at £76.5k based on an EBITDA of £12.5k and a 6.11x industry multiple (adjusted for size and gross margin).
qh development limited Estimated Valuation
Pomanda estimates the enterprise value of QH DEVELOPMENT LIMITED at £503.7k based on Net Assets of £325.4k and 1.55x industry multiple (adjusted for liquidity).
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Qh Development Limited Overview
Qh Development Limited is a live company located in salisbury, SP2 9BG with a Companies House number of 08196361. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2012, it's largest shareholder is chris anderson with a 51% stake. Qh Development Limited is a established, micro sized company, Pomanda has estimated its turnover at £190.7k with declining growth in recent years.
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Qh Development Limited Health Check
Pomanda's financial health check has awarded Qh Development Limited a 1.5 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
1 Strong
2 Regular
7 Weak
Size
annual sales of £190.7k, make it smaller than the average company (£868.9k)
- Qh Development Limited
£868.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (2.6%)
- Qh Development Limited
2.6% - Industry AVG
Production
with a gross margin of 68.5%, this company has a comparable cost of product (68.5%)
- Qh Development Limited
68.5% - Industry AVG
Profitability
an operating margin of 6.3% make it less profitable than the average company (24.6%)
- Qh Development Limited
24.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Qh Development Limited
4 - Industry AVG
Pay Structure
on an average salary of £37.2k, the company has an equivalent pay structure (£37.2k)
- Qh Development Limited
£37.2k - Industry AVG
Efficiency
resulting in sales per employee of £95.3k, this is less efficient (£189.9k)
- Qh Development Limited
£189.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Qh Development Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (30 days)
- Qh Development Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Qh Development Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (9 weeks)
5 weeks - Qh Development Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.7%, this is a lower level of debt than the average (64.5%)
50.7% - Qh Development Limited
64.5% - Industry AVG
QH DEVELOPMENT LIMITED financials
Qh Development Limited's latest turnover from November 2023 is estimated at £190.7 thousand and the company has net assets of £325.4 thousand. According to their latest financial statements, Qh Development Limited has 2 employees and maintains cash reserves of £33.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,390 | 1,853 | 2,471 | 2,461 | 3,281 | 3,087 | 2,096 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 1,390 | 1,853 | 2,471 | 2,461 | 3,281 | 3,087 | 2,096 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 1,177,982 | 596,832 | 950,227 | 2,156,841 | 1,717,545 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 1,484 | 1,484 | 1,484 | 30 | 6,620 | 0 | 98,776 | 18,250 | 4,000 |
| Group Debtors | 164,978 | 152,478 | 142,132 | 29,132 | 29,132 | 58,138 | 41,494 | 85,556 | 0 | 0 | 0 |
| Misc Debtors | 459,999 | 360,000 | 150,000 | 37,283 | 1,353 | 22,405 | 6,757 | 4,604 | 0 | 0 | 0 |
| Cash | 33,612 | 72,790 | 333,835 | 5,545 | 59,286 | 256,946 | 42,334 | 30,044 | 339,493 | 298,817 | 43,132 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 658,589 | 585,268 | 627,451 | 1,251,426 | 688,087 | 1,287,746 | 2,254,046 | 1,837,749 | 438,269 | 317,067 | 47,132 |
| total assets | 659,979 | 587,121 | 629,922 | 1,253,887 | 691,368 | 1,290,833 | 2,256,142 | 1,837,749 | 438,269 | 317,067 | 47,132 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 1,596,005 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 129 | 129 | 49,782 | 169,457 | 0 | 9,518 | 24,574 | 14,265 | 449,817 | 322,821 | 52,078 |
| Group/Directors Accounts | 74,592 | 74,592 | 74,592 | 74,592 | 99,547 | 206,150 | 192,714 | 100,115 | 0 | 0 | 0 |
| other short term finances | 199,998 | 99,999 | 0 | 633,325 | 129,999 | 375,999 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 59,863 | 84,992 | 177,260 | 178,472 | 239,309 | 531,944 | 535,166 | 530,135 | 0 | 0 | 0 |
| total current liabilities | 334,582 | 259,712 | 301,634 | 1,105,846 | 468,855 | 1,123,611 | 2,348,459 | 644,515 | 449,817 | 322,821 | 52,078 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,281,259 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,281,259 | 0 | 0 | 0 |
| total liabilities | 334,582 | 259,712 | 301,634 | 1,105,846 | 468,855 | 1,123,611 | 2,348,459 | 1,925,774 | 449,817 | 322,821 | 52,078 |
| net assets | 325,397 | 327,409 | 328,288 | 148,041 | 222,513 | 167,222 | -92,317 | -88,025 | -11,548 | -5,754 | -4,946 |
| total shareholders funds | 325,397 | 327,409 | 328,288 | 148,041 | 222,513 | 167,222 | -92,317 | -88,025 | -11,548 | -5,754 | -4,946 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 463 | 618 | 823 | 820 | 1,492 | 1,029 | 699 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | 0 | 0 | -1,177,982 | 581,150 | -353,395 | -1,206,614 | 439,296 | 1,717,545 | 0 | 0 | 0 |
| Debtors | 112,499 | 218,862 | 225,717 | 35,930 | -48,604 | 25,702 | -35,289 | -8,616 | 80,526 | 14,250 | 4,000 |
| Creditors | 0 | -49,653 | -119,675 | 169,457 | -9,518 | -15,056 | 10,309 | -435,552 | 126,996 | 270,743 | 52,078 |
| Accruals and Deferred Income | -25,129 | -92,268 | -1,212 | -60,837 | -292,635 | -3,222 | 5,031 | 530,135 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | -50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -24,955 | -106,603 | 13,436 | 92,599 | 100,115 | 0 | 0 | 0 |
| Other Short Term Loans | 99,999 | 99,999 | -633,325 | 503,326 | -246,000 | 375,999 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -1,281,259 | 1,281,259 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -39,178 | -261,045 | 328,290 | -53,741 | -197,660 | 214,612 | 12,290 | -309,449 | 40,676 | 255,685 | 43,132 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -1,596,005 | 1,596,005 | 0 | 0 | 0 | 0 |
| change in cash | -39,178 | -261,045 | 328,290 | -53,741 | -197,660 | 1,810,617 | -1,583,715 | -309,449 | 40,676 | 255,685 | 43,132 |
qh development limited Credit Report and Business Information
Qh Development Limited Competitor Analysis
Perform a competitor analysis for qh development limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SP2 area or any other competitors across 12 key performance metrics.
qh development limited Ownership
QH DEVELOPMENT LIMITED group structure
Qh Development Limited has no subsidiary companies.
Ultimate parent company
QH DEVELOPMENT LIMITED
08196361
qh development limited directors
Qh Development Limited currently has 2 directors. The longest serving directors include Mrs Barbara Anderson (Aug 2012) and Mr Christopher Anderson (Aug 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Barbara Anderson | 79 years | Aug 2012 | - | Director | |
| Mr Christopher Anderson | 81 years | Aug 2012 | - | Director |
P&L
November 2023turnover
190.7k
+3%
operating profit
12.1k
0%
gross margin
68.6%
+1.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
325.4k
-0.01%
total assets
660k
+0.12%
cash
33.6k
-0.54%
net assets
Total assets minus all liabilities
qh development limited company details
company number
08196361
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
August 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
HOWARD SMITH & CO LIMITED
auditor
-
address
birdsfoot house, fisherman's reach, salisbury, wiltshire, SP2 9BG
Bank
-
Legal Advisor
-
qh development 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 qh development limited.
qh development 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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qh development limited Companies House Filings - See Documents
| date | description | view/download |
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