Qwerty It Solutions Ltd

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SOLUTIONS

qwerty it solutions ltd Company Information

Dissolved

Company Number

08786931

Website

Registered Address

unit 7, salisbury house, wheatfield way, hinckley, leicestershire, LE10 1YG

Industry

Computer consultancy activities

Telephone

Next Accounts Due

October 2024

Group Structure

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Directors

Anthony Marsden10 Years

Shareholders

anthony marsden 65%

jane rosina marsden 35%

qwerty it solutions ltd Estimated Valuation

£103.1k

Pomanda estimates the enterprise value of QWERTY IT SOLUTIONS LTD at £103.1k based on an EBITDA of £27.6k and a 3.74x industry multiple (adjusted for size and gross margin).

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Qwerty It Solutions Ltd is a dissolved company that was located in hinckley, LE10 1YG with a Companies House number of 08786931. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in November 2013, it's largest shareholder was anthony marsden with a 65% stake. The last turnover for Qwerty It Solutions Ltd was estimated at £98.5k.

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Pomanda's financial health check has awarded Qwerty It Solutions Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2.5out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £98.5k, make it smaller than the average company (£576.4k)

Growth

3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (3.3%)

EXPORT

Qwerty It Solutions Ltd's latest turnover from March 2022 is estimated at £98.5 thousand and the company has net assets of £22.3 thousand. According to their latest financial statements, Qwerty It Solutions Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2022	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014
Turnover	98,482	250,151	241,646	182,548	200,915	259,051	26,924	30,534
Other Income Or Grants	0	0	0	0	0	0	0	0
Cost Of Sales	72,956	183,551	175,183	132,089	143,920	180,383	18,903	21,548
Gross Profit	25,526	66,600	66,463	50,460	56,995	78,667	8,022	8,986
Admin Expenses	-2,039	46,831	60,473	61,164	47,952	48,722	-2,203	-25,866
Operating Profit	27,565	19,769	5,990	-10,704	9,043	29,945	10,225	34,852
Interest Payable	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	92	328	143
Pre-Tax Profit	27,565	19,769	5,990	-10,704	9,043	30,038	10,553	34,995
Tax	-5,237	-3,756	-1,138	0	-1,718	-6,007	-2,110	-7,349
Profit After Tax	22,328	16,013	4,852	-10,704	7,325	24,030	8,442	27,646
Dividends Paid	0	0	0	0	0	0	0	0
Retained Profit	22,328	16,013	4,852	-10,704	7,325	24,030	8,442	27,646
Employee Costs	146,945	148,632	157,131	116,285	106,796	118,082	58,825	58,960
Number Of Employees	3	3	3	2	2	2	1	1
EBITDA*	27,565	19,769	5,990	-10,704	9,043	29,945	10,774	35,116

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2022	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014
Tangible Assets	0	0	1,094	3,458	3,422	2,051	833	529
Intangible Assets	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0
Total Fixed Assets	0	0	1,094	3,458	3,422	2,051	833	529
Stock & work in progress	0	0	0	0	0	0	0	0
Trade Debtors	24,104	116,202	102,462	82,659	100,861	97,013	2,649	4,291
Group Debtors	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	73,855	57,150
misc current assets	0	0	0	0	0	0	0	0
total current assets	24,104	116,202	102,462	82,659	100,861	97,013	76,504	61,441
total assets	24,104	116,202	103,556	86,117	104,283	99,064	77,337	61,970
Bank overdraft	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0
Trade Creditors	1,776	38,598	41,965	29,378	36,840	38,946	40,983	34,118
Group/Directors Accounts	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0
total current liabilities	1,776	38,598	41,965	29,378	36,840	38,946	40,983	34,118
loans	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	166	106
total long term liabilities	0	0	0	0	0	0	166	106
total liabilities	1,776	38,598	41,965	29,378	36,840	38,946	41,149	34,224
net assets	22,328	77,604	61,591	56,739	67,443	60,118	36,188	27,746
total shareholders funds	22,328	77,604	61,591	56,739	67,443	60,118	36,188	27,746

	Mar 2022	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014
Operating Activities
Operating Profit	27,565	19,769	5,990	-10,704	9,043	29,945	10,225	34,852
Depreciation	0	0	0	0	0	0	549	264
Amortisation	0	0	0	0	0	0	0	0
Tax	-5,237	-3,756	-1,138	0	-1,718	-6,007	-2,110	-7,349
Stock	0	0	0	0	0	0	0	0
Debtors	24,104	13,740	19,803	-18,202	3,848	94,364	-1,642	4,291
Creditors	1,776	-3,367	12,587	-7,462	-2,106	-2,037	6,865	34,118
Accruals and Deferred Income	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	-166	60	106
Cash flow from operations	0	-1,094	-2,364	36	1,371	-72,629	17,231	57,700
Investing Activities
capital expenditure	0	1,094	2,364	-36	-1,371	-1,218	-853	-793
Change in Investments	0	0	0	0	0	0	0	0
cash flow from investments	0	1,094	2,364	-36	-1,371	-1,218	-853	-793
Financing Activities
Bank loans	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	-100	0	100
interest	0	0	0	0	0	92	328	143
cash flow from financing	0	0	0	0	0	-8	328	243
cash and cash equivalents
cash	0	0	0	0	0	-73,855	16,705	57,150
overdraft	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	-73,855	16,705	57,150

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for qwerty it solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in LE10 area or any other competitors across 12 key performance metrics.

QWERTY IT SOLUTIONS LTD group structure

Qwerty It Solutions Ltd has no subsidiary companies.

Ultimate parent company

QWERTY IT SOLUTIONS LTD

08786931

QWERTY IT SOLUTIONS LTD Shareholders

anthony marsden	65%
jane rosina marsden	35%

Qwerty It Solutions Ltd currently has 1 director, Mr Anthony Marsden serving since Nov 2013.

officer	country	age	start	end	role
Mr Anthony Marsden	England	53 years	Nov 2013	-	Director

P&L

March 2022

turnover

98.5k

operating profit

27.6k

gross margin

26%

turnover

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

Balance Sheet

March 2022

net assets

22.3k

total assets

24.1k

cash

net assets

Total assets minus all liabilities

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company number

08786931

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

November 2013

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2022

address

unit 7, salisbury house, wheatfield way, hinckley, leicestershire, LE10 1YG

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 qwerty it solutions ltd.

qwerty it solutions ltd Company Information

qwerty it solutions ltd Estimated Valuation

qwerty it solutions ltd Estimated Valuation

qwerty it solutions ltd Estimated Valuation

Qwerty It Solutions Ltd Overview

Qwerty It Solutions Ltd Health Check

QWERTY IT SOLUTIONS LTD financials

qwerty it solutions ltd Credit Report and Business Information

Qwerty It Solutions Ltd Competitor Analysis

qwerty it solutions ltd Ownership

qwerty it solutions ltd directors

qwerty it solutions ltd company details

qwerty it solutions ltd Charges & Mortgages

qwerty it solutions ltd Companies House Filings - See Documents