Qth Engineering Solutions Ltd

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qth engineering solutions ltd Company Information

Company Number

09193954

Next Accounts

Apr 2026

Directors

Sajid Khan

Shareholders

sajid khan

mrs rabia zafar khan

Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

Registered Address

53 pullan drive, bradford, BD2 3RW

Website

qth engineering solutions ltd Estimated Valuation

£93.6k

Pomanda estimates the enterprise value of QTH ENGINEERING SOLUTIONS LTD at £93.6k based on Net Assets of £40.8k and 2.3x industry multiple (adjusted for liquidity).

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Qth Engineering Solutions Ltd is a live company located in bradford, BD2 3RW with a Companies House number of 09193954. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in August 2014, it's largest shareholder is sajid khan with a 50% stake. Qth Engineering Solutions Ltd is a established, micro sized company, Pomanda has estimated its turnover at £165.3k with declining growth in recent years.

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Pomanda's financial health check has awarded Qth Engineering Solutions Ltd a 2 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 Rating2out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £165.3k, make it smaller than the average company (£2.2m)

Growth

3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (10.5%)

EXPORT

Qth Engineering Solutions Ltd's latest turnover from July 2024 is estimated at £165.3 thousand and the company has net assets of £40.8 thousand. According to their latest financial statements, Qth Engineering Solutions Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jul 2024	Jul 2023	Jul 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015
Turnover	165,281	224,830	269,354	286,451	232,508	243,593	279,798	369,656	37,351	27,707
Other Income Or Grants
Cost Of Sales	124,683	170,639	207,611	220,482	173,448	180,652	209,039	271,424	27,279	20,167
Gross Profit	40,598	54,191	61,743	65,969	59,060	62,942	70,759	98,231	10,071	7,540
Admin Expenses	79,827	61,535	63,334	57,396	62,304	70,377	84,656	56,677	-35,455	-37,711
Operating Profit	-39,229	-7,344	-1,591	8,573	-3,244	-7,435	-13,897	41,554	45,526	45,251
Interest Payable
Interest Receivable								109	165	112
Pre-Tax Profit	-39,229	-7,344	-1,591	8,573	-3,244	-7,435	-13,897	41,663	45,691	45,364
Tax				-1,629				-7,916	-9,138	-9,073
Profit After Tax	-39,229	-7,344	-1,591	6,944	-3,244	-7,435	-13,897	33,747	36,553	36,291
Dividends Paid
Retained Profit	-39,229	-7,344	-1,591	6,944	-3,244	-7,435	-13,897	33,747	36,553	36,291
Employee Costs	103,248	98,702	93,821	89,759	86,737	88,956	87,517	85,014	42,730	43,385
Number Of Employees	2	2	2	2	2	2	2	2	1	1
EBITDA*	-39,229	-7,344	-1,591	8,573	-3,244	-7,435	-13,897	41,554	45,680	45,461

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jul 2024	Jul 2023	Jul 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015
Tangible Assets	2,982	2,499	1,170	1,300	1,079	1,060	1,178	1,246	1,384	839
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	2,982	2,499	1,170	1,300	1,079	1,060	1,178	1,246	1,384	839
Stock & work in progress
Trade Debtors	60,835	97,599	103,961	111,356	100,331	107,968	105,074	133,469	7,680	5,849
Group Debtors
Misc Debtors
Cash									87,100	44,915
misc current assets
total current assets	60,835	97,599	103,961	111,356	100,331	107,968	105,074	133,469	94,780	50,764
total assets	63,817	100,098	105,131	112,656	101,410	109,028	106,252	134,715	96,164	51,603
Bank overdraft
Bank loan
Trade Creditors	23,022	20,074			19,395	23,769	13,558	28,124	23,319	15,311
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities	23,022	20,074			19,395	23,769	13,558	28,124	23,319	15,311
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities			17,763	23,697
provisions
total long term liabilities			17,763	23,697
total liabilities	23,022	20,074	17,763	23,697	19,395	23,769	13,558	28,124	23,319	15,311
net assets	40,795	80,024	87,368	88,959	82,015	85,259	92,694	106,591	72,845	36,292
total shareholders funds	40,795	80,024	87,368	88,959	82,015	85,259	92,694	106,591	72,845	36,292

	Jul 2024	Jul 2023	Jul 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015
Operating Activities
Operating Profit	-39,229	-7,344	-1,591	8,573	-3,244	-7,435	-13,897	41,554	45,526	45,251
Depreciation									154	210
Amortisation
Tax				-1,629				-7,916	-9,138	-9,073
Stock
Debtors	-36,764	-6,362	-7,395	11,025	-7,637	2,894	-28,395	125,789	1,831	5,849
Creditors	2,948	20,074		-19,395	-4,374	10,211	-14,566	4,805	8,008	15,311
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations	483	19,092	5,804	-23,476	19	-118	-68	-87,346	42,719	45,850
Investing Activities
capital expenditure	-483	-1,329	130	-221	-19	118	68	138	-699	-1,049
Change in Investments
cash flow from investments	-483	-1,329	130	-221	-19	118	68	138	-699	-1,049
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities		-17,763	-5,934	23,697
share issue								-1		1
interest								109	165	112
cash flow from financing		-17,763	-5,934	23,697				108	165	113
cash and cash equivalents
cash								-87,100	42,185	44,915
overdraft
change in cash								-87,100	42,185	44,915

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 qth engineering solutions ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BD2 area or any other competitors across 12 key performance metrics.

QTH ENGINEERING SOLUTIONS LTD group structure

Qth Engineering Solutions Ltd has no subsidiary companies.

Ultimate parent company

QTH ENGINEERING SOLUTIONS LTD

09193954

QTH ENGINEERING SOLUTIONS LTD Shareholders

sajid khan	50%
mrs rabia zafar khan	50%

Qth Engineering Solutions Ltd currently has 1 director, Mr Sajid Khan serving since Aug 2014.

officer	country	age	start	end	role
Mr Sajid Khan	England	47 years	Aug 2014	-	Director

P&L

July 2024

turnover

165.3k

-26%

operating profit

-39.2k

gross margin

24.6%

+1.91%

turnover

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

Balance Sheet

July 2024

net assets

40.8k

-0.49%

total assets

63.8k

-0.36%

cash

net assets

Total assets minus all liabilities

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2.5

company number

09193954

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

August 2014

ultimate parent company

None

previous names

N/A

address

53 pullan drive, bradford, BD2 3RW

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 qth engineering solutions ltd.

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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qth engineering solutions ltd Company Information

qth engineering solutions ltd Estimated Valuation

qth engineering solutions ltd Estimated Valuation

qth engineering solutions ltd Estimated Valuation

Qth Engineering Solutions Ltd Overview

Qth Engineering Solutions Ltd Health Check

QTH ENGINEERING SOLUTIONS LTD financials

qth engineering solutions ltd Credit Report and Business Information

Qth Engineering Solutions Ltd Competitor Analysis

qth engineering solutions ltd Ownership

qth engineering solutions ltd directors

qth engineering solutions ltd company details

qth engineering solutions ltd Charges & Mortgages

qth engineering solutions ltd Capital Raised & Share Issues BETA

qth engineering solutions ltd Companies House Filings - See Documents