quinn developments nw limited
quinn developments nw limited Company Information
Company Number
08904579
Next Accounts
Nov 2024
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Shareholders
elizabeth quinn
peter quinn
Group Structure
View All
Contact
Registered Address
30 lees road, knowsley industrial park, liverpool, L33 7SE
Website
www.quinndevelopments.co.ukquinn developments nw limited Estimated Valuation
Pomanda estimates the enterprise value of QUINN DEVELOPMENTS NW LIMITED at £3m based on a Turnover of £6.3m and 0.47x industry multiple (adjusted for size and gross margin).
quinn developments nw limited Estimated Valuation
Pomanda estimates the enterprise value of QUINN DEVELOPMENTS NW LIMITED at £2.7m based on an EBITDA of £574.1k and a 4.78x industry multiple (adjusted for size and gross margin).
quinn developments nw limited Estimated Valuation
Pomanda estimates the enterprise value of QUINN DEVELOPMENTS NW LIMITED at £1.2m based on Net Assets of £544.7k and 2.12x industry multiple (adjusted for liquidity).
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Quinn Developments Nw Limited Overview
Quinn Developments Nw Limited is a live company located in liverpool, L33 7SE with a Companies House number of 08904579. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in February 2014, it's largest shareholder is elizabeth quinn with a 50% stake. Quinn Developments Nw Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.3m with rapid growth in recent years.
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Quinn Developments Nw Limited Health Check
Pomanda's financial health check has awarded Quinn Developments Nw Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £6.3m, make it larger than the average company (£5.2m)
- Quinn Developments Nw Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 55%, show it is growing at a faster rate (5.8%)
- Quinn Developments Nw Limited
5.8% - Industry AVG
Production
with a gross margin of 24.7%, this company has a comparable cost of product (24.7%)
- Quinn Developments Nw Limited
24.7% - Industry AVG
Profitability
an operating margin of 5.8% make it as profitable than the average company (5.5%)
- Quinn Developments Nw Limited
5.5% - Industry AVG
Employees
with 8 employees, this is below the industry average (25)
8 - Quinn Developments Nw Limited
25 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has an equivalent pay structure (£44.4k)
- Quinn Developments Nw Limited
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £784.3k, this is more efficient (£181k)
- Quinn Developments Nw Limited
£181k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (57 days)
- Quinn Developments Nw Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (40 days)
- Quinn Developments Nw Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is in line with average (12 days)
- Quinn Developments Nw Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (19 weeks)
1 weeks - Quinn Developments Nw Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.6%, this is a higher level of debt than the average (63%)
82.6% - Quinn Developments Nw Limited
63% - Industry AVG
QUINN DEVELOPMENTS NW LIMITED financials
Quinn Developments Nw Limited's latest turnover from February 2023 is estimated at £6.3 million and the company has net assets of £544.7 thousand. According to their latest financial statements, Quinn Developments Nw Limited has 8 employees and maintains cash reserves of £78.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 8 | 3 | 3 | 3 | 3 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 422,782 | 354,620 | 310,985 | 71,243 | 122,402 | 40,048 | 61,969 | 20,191 | 7,138 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 422,782 | 354,620 | 310,985 | 71,243 | 122,402 | 40,048 | 61,969 | 20,191 | 7,138 |
| Stock & work in progress | 169,692 | 0 | 162,849 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,273,899 | 559,738 | 305,648 | 432,752 | 542,872 | 426,905 | 161,698 | 71,718 | 11,326 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,186,483 | 546,760 | 147,782 | 59,129 | 19,308 | 21,678 | 30,000 | 0 | 0 |
| Cash | 78,248 | 405,459 | 234,414 | 78,970 | 49,550 | 10,392 | 168,486 | 35,353 | 1,479 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 15,921 | 0 | 0 |
| total current assets | 2,708,322 | 1,511,957 | 850,693 | 570,851 | 611,730 | 458,975 | 376,105 | 107,071 | 12,805 |
| total assets | 3,131,104 | 1,866,577 | 1,161,678 | 642,094 | 734,132 | 499,023 | 438,074 | 127,262 | 19,943 |
| Bank overdraft | 468,211 | 256,841 | 307,090 | 70,305 | 26,667 | 139,278 | 31,517 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,206,531 | 393,703 | 249,186 | 176,796 | 273,760 | 107,098 | 131,471 | 66,321 | 18,968 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 19,914 | 55,497 | 71,181 | 14,019 | 60,323 | 0 | 7,853 | 0 | 0 |
| other current liabilities | 393,561 | 410,286 | 89,870 | 111,925 | 67,177 | 57,581 | 65,175 | 0 | 0 |
| total current liabilities | 2,088,217 | 1,116,327 | 717,327 | 373,045 | 427,927 | 303,957 | 236,016 | 66,321 | 18,968 |
| loans | 204,227 | 51,423 | 86,834 | 184,100 | 0 | 31,517 | 48,483 | 0 | 0 |
| hp & lease commitments | 293,968 | 404,280 | 243,830 | 33,806 | 191,405 | 0 | 7,707 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,878 | 0 |
| provisions | 0 | 13,537 | 13,537 | 13,537 | 23,256 | 7,609 | 12,394 | 0 | 0 |
| total long term liabilities | 498,195 | 469,240 | 344,201 | 231,443 | 214,661 | 39,126 | 68,584 | 13,878 | 0 |
| total liabilities | 2,586,412 | 1,585,567 | 1,061,528 | 604,488 | 642,588 | 343,083 | 304,600 | 80,199 | 18,968 |
| net assets | 544,692 | 281,010 | 100,150 | 37,606 | 91,544 | 155,940 | 133,474 | 47,063 | 975 |
| total shareholders funds | 544,692 | 281,010 | 100,150 | 37,606 | 91,544 | 155,940 | 133,474 | 47,063 | 975 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 209,235 | 256,859 | 18,208 | 52,258 | 57,127 | 24,636 | 7,523 | 2,379 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 169,692 | -162,849 | 162,849 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,353,884 | 653,068 | -38,451 | -70,299 | 113,597 | 256,885 | 119,980 | 60,392 | 11,326 |
| Creditors | 812,828 | 144,517 | 72,390 | -96,964 | 166,662 | -24,373 | 65,150 | 47,353 | 18,968 |
| Accruals and Deferred Income | -16,725 | 320,416 | -22,055 | 44,748 | 9,596 | -7,594 | 65,175 | 0 | 0 |
| Deferred Taxes & Provisions | -13,537 | 0 | 0 | -9,719 | 15,647 | -4,785 | 12,394 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 152,804 | -35,411 | -97,266 | 184,100 | -31,517 | -16,966 | 48,483 | 0 | 0 |
| Hire Purchase and Lease Commitments | -145,895 | 144,766 | 267,186 | -203,903 | 251,728 | -15,560 | 15,560 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -13,878 | 13,878 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -327,211 | 171,045 | 155,444 | 29,420 | 39,158 | -158,094 | 133,133 | 33,874 | 1,479 |
| overdraft | 211,370 | -50,249 | 236,785 | 43,638 | -112,611 | 107,761 | 31,517 | 0 | 0 |
| change in cash | -538,581 | 221,294 | -81,341 | -14,218 | 151,769 | -265,855 | 101,616 | 33,874 | 1,479 |
quinn developments nw limited Credit Report and Business Information
Quinn Developments Nw Limited Competitor Analysis
Perform a competitor analysis for quinn developments nw limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in L33 area or any other competitors across 12 key performance metrics.
quinn developments nw limited Ownership
QUINN DEVELOPMENTS NW LIMITED group structure
Quinn Developments Nw Limited has no subsidiary companies.
Ultimate parent company
QUINN DEVELOPMENTS NW LIMITED
08904579
quinn developments nw limited directors
Quinn Developments Nw Limited currently has 2 directors. The longest serving directors include Mrs Elizabeth Quinn (Apr 2015) and Mr Peter Quinn (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Elizabeth Quinn | England | 41 years | Apr 2015 | - | Director |
| Mr Peter Quinn | England | 42 years | May 2015 | - | Director |
P&L
February 2023turnover
6.3m
+160%
operating profit
364.9k
0%
gross margin
24.7%
+2.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
544.7k
+0.94%
total assets
3.1m
+0.68%
cash
78.2k
-0.81%
net assets
Total assets minus all liabilities
quinn developments nw limited company details
company number
08904579
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
February 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
REACT BUSINESS SERVJCES
auditor
-
address
30 lees road, knowsley industrial park, liverpool, L33 7SE
Bank
-
Legal Advisor
-
quinn developments nw 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 found 2 charges/mortgages relating to quinn developments nw limited. Currently there are 1 open charges and 1 have been satisfied in the past.
quinn developments nw limited Companies House Filings - See Documents
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