Pomanda estimates the enterprise value of QRM LTD at £547.2k based on a Turnover of £2.4m and 0.22x industry multiple (adjusted for size and gross margin).
qrm ltdEstimated Valuation
£266.4k
Pomanda estimates the enterprise value of QRM LTD at £266.4k based on an EBITDA of £76.2k and a 3.49x industry multiple (adjusted for size and gross margin).
qrm ltdEstimated Valuation
£528.8k
Pomanda estimates the enterprise value of QRM LTD at £528.8k based on Net Assets of £193.9k and 2.73x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Qrm LtdOverview
Qrm Ltd is a live company located in halifax, HX1 4TW with a Companies House number of 08874900. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in February 2014, it's largest shareholder is
khan hassan
with a 50% stake. Qrm Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£2.4m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Qrm Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
2 Strong
7 Regular
3 Weak
Size
annual sales of £2.4m, make it in line with the average company (£2.4m)
£2.4m - Qrm Ltd
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (8%)
10% - Qrm Ltd
8% - Industry AVG
Production
with a gross margin of 7.5%, this company has a higher cost of product (11.5%)
7.5% - Qrm Ltd
11.5% - Industry AVG
Profitability
an operating margin of 3% make it as profitable than the average company (2.9%)
3% - Qrm Ltd
2.9% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (6)
6 - Qrm Ltd
6 - Industry AVG
Pay Structure
on an average salary of £31.3k, the company has an equivalent pay structure (£31.3k)
£31.3k - Qrm Ltd
£31.3k - Industry AVG
Efficiency
resulting in sales per employee of £406.7k, this is equally as efficient (£457.1k)
£406.7k - Qrm Ltd
£457.1k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (10 days)
58 days - Qrm Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 91 days, this is slower than average (15 days)
91 days - Qrm Ltd
15 days - Industry AVG
Stock Days
it holds stock equivalent to 69 days, this is in line with average (66 days)
69 days - Qrm Ltd
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Qrm Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.8%, this is a similar level of debt than the average (70.5%)
76.8% - Qrm Ltd
70.5% - Industry AVG
QRM LTD financials
EXPORT
Qrm Ltd's latest turnover from June 2023 is estimated at £2.4 million and the company has net assets of £193.9 thousand. According to their latest financial statements, Qrm Ltd has 6 employees and maintains cash reserves of £452 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Turnover
2,440,062
2,707,921
2,012,997
1,820,626
1,668,468
1,005,570
5,155
55,759
Other Income Or Grants
Cost Of Sales
2,257,208
2,506,941
1,880,369
1,692,835
1,547,157
933,314
4,764
50,933
Gross Profit
182,854
200,980
132,628
127,792
121,311
72,257
391
4,827
Admin Expenses
109,973
68,018
173,659
241,415
-5,238
-31,686
-9,111
11,247
Operating Profit
72,881
132,962
-41,031
-113,623
126,549
103,943
9,502
-6,420
Interest Payable
2,025
1,950
Interest Receivable
864
865
101
57
62
4
2
Pre-Tax Profit
73,745
133,827
-40,930
-113,566
124,586
101,998
9,504
-6,420
Tax
-18,436
-25,427
-23,671
-19,380
-1,901
Profit After Tax
55,309
108,400
-40,930
-113,566
100,915
82,618
7,603
-6,420
Dividends Paid
Retained Profit
55,309
108,400
-40,930
-113,566
100,915
82,618
7,603
-6,420
Employee Costs
187,507
187,123
203,131
115,715
114,230
142,339
27,931
26,756
Number Of Employees
6
6
7
4
4
5
1
1
EBITDA*
76,243
135,537
-37,666
-109,604
134,858
104,016
9,502
-6,291
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Tangible Assets
14,749
8,861
11,436
12,600
16,619
219
292
389
Intangible Assets
Investments & Other
137,563
Debtors (Due After 1 year)
Total Fixed Assets
14,749
8,861
148,999
12,600
16,619
219
292
389
Stock & work in progress
431,000
858,723
445,567
429,581
484,322
240,000
Trade Debtors
388,436
26,093
55,300
Group Debtors
Misc Debtors
Cash
452
34,113
104,355
97,991
16,655
1,728
11
1
misc current assets
total current assets
819,888
918,929
605,222
527,572
500,977
240,000
1,728
11
1
total assets
834,637
927,790
754,221
540,172
517,596
240,219
2,020
400
1
Bank overdraft
60,000
Bank loan
Trade Creditors
565,855
683,517
723,999
469,020
332,879
96,181
600
6,819
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
236
236
total current liabilities
565,855
683,517
723,999
469,020
332,879
156,417
836
6,819
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
74,851
105,651
provisions
total long term liabilities
74,851
105,651
total liabilities
640,706
789,168
723,999
469,020
332,879
156,417
836
6,819
net assets
193,931
138,622
30,222
71,152
184,717
83,802
1,184
-6,419
1
total shareholders funds
193,931
138,622
30,222
71,152
184,717
83,802
1,184
-6,419
1
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Operating Activities
Operating Profit
72,881
132,962
-41,031
-113,623
126,549
103,943
9,502
-6,420
Depreciation
3,362
2,575
3,365
4,019
8,309
73
129
Amortisation
Tax
-18,436
-25,427
-23,671
-19,380
-1,901
Stock
-427,723
413,156
15,986
-54,741
244,322
240,000
Debtors
362,343
-29,207
55,300
Creditors
-117,662
-40,482
254,979
136,141
236,698
95,581
-6,219
6,819
Accruals and Deferred Income
-236
236
Deferred Taxes & Provisions
Cash flow from operations
5,525
-314,321
146,027
81,278
103,327
-59,783
1,618
528
Investing Activities
capital expenditure
-9,250
-2,201
-24,709
97
-518
Change in Investments
-137,563
137,563
cash flow from investments
-9,250
137,563
-139,764
-24,709
97
-518
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-30,800
105,651
share issue
1
1
interest
864
865
101
57
-1,963
-1,946
2
cash flow from financing
-29,936
106,516
101
58
-1,963
-1,946
2
1
cash and cash equivalents
cash
-33,661
-70,242
6,364
81,336
16,655
-1,728
1,717
10
1
overdraft
-60,000
60,000
change in cash
-33,661
-70,242
6,364
81,336
76,655
-61,728
1,717
10
1
qrm ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for qrm ltd. Get real-time insights into qrm ltd's credit score, group structure and payment trends.
Perform a competitor analysis for qrm ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HX1 area or any other competitors across 12 key performance metrics.
qrm ltd Ownership
QRM LTD group structure
Qrm Ltd has no subsidiary companies.
Ultimate parent company
QRM LTD
08874900
QRM LTD Shareholders
The largest shareholders in Qrm Ltd include Khan Hassan and Asim Hussain.
khan hassan
50%
asim hussain
50%
qrm ltd directors
Qrm Ltd currently has 2 directors.
The longest serving directors include
Mr Asim Hussain (Feb 2014) and
Mr Khan Hassan (Feb 2025).
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 1 charges/mortgages relating to qrm ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
qrm ltd 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.
Click to start generating capital raising & share issue transactions for QRM LTD. This can take several minutes, an email will notify you when this has completed.
