res-q outsourcing solutions limited
res-q outsourcing solutions limited Company Information
Company Number
09361590
Next Accounts
Sep 2025
Shareholders
nicholas lee marshall
matthew john marshall
View AllGroup Structure
View All
Industry
Activities of call centres
Registered Address
1st floor 1 paragon square, hull, east yorkshire, HU1 3JZ
Website
www.resqcs.co.ukres-q outsourcing solutions limited Estimated Valuation
Pomanda estimates the enterprise value of RES-Q OUTSOURCING SOLUTIONS LIMITED at £54.6m based on a Turnover of £50.4m and 1.08x industry multiple (adjusted for size and gross margin).
res-q outsourcing solutions limited Estimated Valuation
Pomanda estimates the enterprise value of RES-Q OUTSOURCING SOLUTIONS LIMITED at £13.5m based on an EBITDA of £1.8m and a 7.45x industry multiple (adjusted for size and gross margin).
res-q outsourcing solutions limited Estimated Valuation
Pomanda estimates the enterprise value of RES-Q OUTSOURCING SOLUTIONS LIMITED at £0 based on Net Assets of £-230.3k and 2.05x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Res-q Outsourcing Solutions Limited Overview
Res-q Outsourcing Solutions Limited is a live company located in east yorkshire, HU1 3JZ with a Companies House number of 09361590. It operates in the activities of call centres sector, SIC Code 82200. Founded in December 2014, it's largest shareholder is nicholas lee marshall with a 24.3% stake. Res-q Outsourcing Solutions Limited is a established, large sized company, Pomanda has estimated its turnover at £50.4m with healthy growth in recent years.
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Res-q Outsourcing Solutions Limited Health Check
Pomanda's financial health check has awarded Res-Q Outsourcing Solutions Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £50.4m, make it larger than the average company (£11.2m)
£50.4m - Res-q Outsourcing Solutions Limited
£11.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.9%)
13% - Res-q Outsourcing Solutions Limited
6.9% - Industry AVG
Production
with a gross margin of 29.9%, this company has a comparable cost of product (30.4%)
29.9% - Res-q Outsourcing Solutions Limited
30.4% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (3.6%)
0.6% - Res-q Outsourcing Solutions Limited
3.6% - Industry AVG
Employees
with 1757 employees, this is above the industry average (204)
1757 - Res-q Outsourcing Solutions Limited
204 - Industry AVG
Pay Structure
on an average salary of £26k, the company has an equivalent pay structure (£26k)
£26k - Res-q Outsourcing Solutions Limited
£26k - Industry AVG
Efficiency
resulting in sales per employee of £28.7k, this is less efficient (£45.1k)
£28.7k - Res-q Outsourcing Solutions Limited
£45.1k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (43 days)
16 days - Res-q Outsourcing Solutions Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (12 days)
8 days - Res-q Outsourcing Solutions Limited
12 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Res-q Outsourcing Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)
0 weeks - Res-q Outsourcing Solutions Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.7%, this is a higher level of debt than the average (60.5%)
101.7% - Res-q Outsourcing Solutions Limited
60.5% - Industry AVG
RES-Q OUTSOURCING SOLUTIONS LIMITED financials
Res-Q Outsourcing Solutions Limited's latest turnover from December 2023 is £50.4 million and the company has net assets of -£230.3 thousand. According to their latest financial statements, Res-Q Outsourcing Solutions Limited has 1,757 employees and maintains cash reserves of £172 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 50,364,521 | 48,536,700 | 51,190,872 | 35,327,817 | 23,627,570 | 19,386,100 | 18,794,719 | 15,830,706 | 12,489,206 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 35,320,279 | 33,875,612 | 34,704,886 | 23,095,320 | 16,779,011 | 13,103,303 | 13,211,922 | 10,388,492 | 8,932,289 |
| Gross Profit | 15,044,242 | 14,661,088 | 16,485,986 | 12,232,497 | 6,848,559 | 6,282,797 | 5,582,797 | 5,442,214 | 3,556,917 |
| Admin Expenses | 14,733,556 | 15,675,663 | 14,000,777 | 9,612,637 | 7,235,729 | 6,736,739 | 6,835,471 | 5,767,746 | 3,088,488 |
| Operating Profit | 310,686 | -1,014,575 | 2,485,209 | 2,619,860 | -387,170 | -453,942 | -1,252,674 | -325,532 | 468,429 |
| Interest Payable | 1,224,311 | 857,757 | 618,858 | 833,718 | 1,040,043 | 669,997 | 577,048 | 305,295 | 117,521 |
| Interest Receivable | 2,256 | 2,104 | |||||||
| Pre-Tax Profit | -911,369 | -1,872,332 | 1,868,455 | 1,786,142 | -1,427,213 | -1,123,939 | -1,829,722 | -630,827 | 350,908 |
| Tax | 95,440 | 347,026 | -347,636 | -24,431 | 43,022 | 65,307 | 52,100 | -77,730 | -81,040 |
| Profit After Tax | -815,929 | -1,525,306 | 1,520,819 | 1,761,711 | -1,384,191 | -1,058,632 | -1,777,622 | -708,557 | 269,868 |
| Dividends Paid | |||||||||
| Retained Profit | -815,929 | -1,525,306 | 1,520,819 | 1,761,711 | -1,384,191 | -1,058,632 | -1,777,622 | -708,557 | 269,868 |
| Employee Costs | 45,693,266 | 44,128,239 | 42,502,495 | 29,331,901 | 20,543,497 | 15,822,271 | 15,830,686 | 12,070,910 | 9,457,514 |
| Number Of Employees | 1,757 | 1,834 | 1,937 | 1,325 | 926 | 771 | 780 | 493 | 427 |
| EBITDA* | 1,814,696 | 626,731 | 3,935,519 | 3,728,993 | 640,202 | 431,227 | -447,291 | 369,172 | 1,021,663 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,313,449 | 2,008,778 | 2,677,695 | 2,162,446 | 1,861,925 | 1,819,819 | 1,815,342 | 1,293,946 | 581,243 |
| Intangible Assets | 1,539,992 | 1,907,980 | 2,337,694 | 2,483,489 | 2,790,445 | 2,898,225 | 3,266,960 | 3,589,880 | 3,906,855 |
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 4,853,441 | 3,916,758 | 5,015,389 | 4,645,935 | 4,652,370 | 4,718,044 | 5,082,302 | 4,883,826 | 4,488,098 |
| Stock & work in progress | |||||||||
| Trade Debtors | 2,334,988 | 1,794,173 | 2,793,313 | 2,498,206 | 1,582,897 | 4,143,322 | 3,657,785 | 2,996,532 | 1,890,907 |
| Group Debtors | |||||||||
| Misc Debtors | 6,516,932 | 8,341,632 | 6,866,445 | 5,011,413 | 4,095,264 | 1,400,298 | 1,322,114 | 1,272,164 | 964,273 |
| Cash | 171,973 | 167,439 | 222,669 | 579,129 | 364,088 | 209,127 | 252,754 | 105,606 | 42,083 |
| misc current assets | |||||||||
| total current assets | 9,023,893 | 10,303,244 | 9,882,427 | 8,088,748 | 6,042,249 | 5,752,747 | 5,232,653 | 4,374,302 | 2,897,263 |
| total assets | 13,877,334 | 14,220,002 | 14,897,816 | 12,734,683 | 10,694,619 | 10,470,791 | 10,314,955 | 9,258,128 | 7,385,361 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 789,689 | 1,190,933 | 660,350 | 533,206 | 421,824 | 641,120 | 696,587 | 459,524 | 169,723 |
| Group/Directors Accounts | |||||||||
| other short term finances | 362,139 | 420,808 | 462,890 | 310,345 | 4,041,202 | 750,865 | 760,865 | 100,000 | 100,000 |
| hp & lease commitments | 127,324 | 31,566 | 58,442 | 112,784 | 136,098 | 129,221 | 67,907 | ||
| other current liabilities | 10,907,746 | 11,012,992 | 10,156,240 | 10,658,212 | 8,187,602 | 6,781,428 | 5,903,823 | 3,996,078 | 2,985,746 |
| total current liabilities | 12,186,898 | 12,656,299 | 11,337,922 | 11,614,547 | 12,786,726 | 8,302,634 | 7,429,182 | 4,555,602 | 3,255,469 |
| loans | 281,016 | 441,711 | 600,000 | 2,858,610 | 2,453,994 | 2,803,207 | 530,865 | ||
| hp & lease commitments | 801,751 | 105,464 | 64,857 | 127,396 | 187,054 | 290,829 | 289,125 | ||
| Accruals and Deferred Income | 599,441 | ||||||||
| other liabilities | 22,236 | 75,564 | 170,780 | 1,433,319 | |||||
| provisions | 238,514 | 408,649 | 707,744 | 431,830 | 407,399 | 429,223 | 494,527 | 473,570 | 395,840 |
| total long term liabilities | 1,920,722 | 978,060 | 1,448,165 | 559,226 | 765,233 | 3,578,662 | 3,237,646 | 3,276,777 | 2,360,024 |
| total liabilities | 14,107,620 | 13,634,359 | 12,786,087 | 12,173,773 | 13,551,959 | 11,881,296 | 10,666,828 | 7,832,379 | 5,615,493 |
| net assets | -230,286 | 585,643 | 2,111,729 | 560,910 | -2,857,340 | -1,410,505 | -351,873 | 1,425,749 | 1,769,868 |
| total shareholders funds | -230,286 | 585,643 | 2,111,729 | 560,910 | -2,857,340 | -1,410,505 | -351,873 | 1,425,749 | 1,769,868 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 310,686 | -1,014,575 | 2,485,209 | 2,619,860 | -387,170 | -453,942 | -1,252,674 | -325,532 | 468,429 |
| Depreciation | 677,421 | 862,069 | 742,581 | 468,712 | 445,680 | 379,176 | 326,803 | 175,154 | 114,873 |
| Amortisation | 826,589 | 779,237 | 707,729 | 640,421 | 581,692 | 505,993 | 478,580 | 519,550 | 438,361 |
| Tax | 95,440 | 347,026 | -347,636 | -24,431 | 43,022 | 65,307 | 52,100 | -77,730 | -81,040 |
| Stock | |||||||||
| Debtors | -1,283,885 | 476,047 | 2,150,139 | 1,831,458 | 134,541 | 563,721 | 711,203 | 1,413,516 | 2,855,180 |
| Creditors | -401,244 | 530,583 | 127,144 | 111,382 | -219,296 | -55,467 | 237,063 | 289,801 | 169,723 |
| Accruals and Deferred Income | 494,195 | 856,752 | -501,972 | 2,470,610 | 1,406,174 | 877,605 | 1,907,745 | 1,010,332 | 2,985,746 |
| Deferred Taxes & Provisions | -170,135 | -299,095 | 275,914 | 24,431 | -21,824 | -65,304 | 20,957 | 77,730 | 395,840 |
| Cash flow from operations | 3,116,837 | 1,585,950 | 1,338,830 | 4,479,527 | 1,713,737 | 689,647 | 1,059,371 | 255,789 | 1,636,752 |
| Investing Activities | |||||||||
| capital expenditure | -521,096 | -1,009,709 | -706,500 | -536,603 | |||||
| Change in Investments | |||||||||
| cash flow from investments | -521,096 | -1,009,709 | -706,500 | -536,603 | |||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | -58,669 | -42,082 | 152,545 | -3,730,857 | 3,290,337 | -10,000 | 660,865 | 100,000 | |
| Long term loans | -160,695 | -158,289 | 600,000 | -2,858,610 | 404,616 | -349,213 | 2,272,342 | 530,865 | |
| Hire Purchase and Lease Commitments | 792,045 | 13,731 | -116,881 | -82,972 | -96,898 | 63,018 | 357,032 | ||
| other long term liabilities | -22,236 | -53,328 | 75,564 | -170,780 | 170,780 | -1,433,319 | 1,433,319 | ||
| share issue | |||||||||
| interest | -1,222,055 | -857,757 | -616,754 | -833,718 | -1,040,043 | -669,997 | -577,048 | -305,295 | -117,521 |
| cash flow from financing | -671,610 | -1,098,505 | 124,474 | -3,161,788 | -597,078 | -212,363 | 91,636 | 898,166 | 3,446,663 |
| cash and cash equivalents | |||||||||
| cash | 4,534 | -55,230 | -356,460 | 215,041 | 154,961 | -43,627 | 147,148 | 63,523 | 42,083 |
| overdraft | |||||||||
| change in cash | 4,534 | -55,230 | -356,460 | 215,041 | 154,961 | -43,627 | 147,148 | 63,523 | 42,083 |
res-q outsourcing solutions limited Credit Report and Business Information
Res-q Outsourcing Solutions Limited Competitor Analysis
Perform a competitor analysis for res-q outsourcing solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in HU1 area or any other competitors across 12 key performance metrics.
res-q outsourcing solutions limited Ownership
RES-Q OUTSOURCING SOLUTIONS LIMITED group structure
Res-Q Outsourcing Solutions Limited has 3 subsidiary companies.
Ultimate parent company
RES-Q OUTSOURCING SOLUTIONS LIMITED
09361590
3 subsidiaries
res-q outsourcing solutions limited directors
Res-Q Outsourcing Solutions Limited currently has 5 directors. The longest serving directors include Mr Nicholas Marshall (Dec 2014) and Ms Gillian Marchbank (Dec 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Marshall | England | 54 years | Dec 2014 | - | Director |
| Ms Gillian Marchbank | United Kingdom | 52 years | Dec 2014 | - | Director |
| Mr Ian Maxwell Scott | England | 79 years | Jul 2016 | - | Director |
| Mr Barry Aling | England | 74 years | Jan 2024 | - | Director |
| Mr Matthew Marshall | England | 52 years | Jan 2024 | - | Director |
P&L
December 2023turnover
50.4m
+4%
operating profit
310.7k
-131%
gross margin
29.9%
-1.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-230.3k
-1.39%
total assets
13.9m
-0.02%
cash
172k
+0.03%
net assets
Total assets minus all liabilities
res-q outsourcing solutions limited company details
company number
09361590
Type
Private limited with Share Capital
industry
82200 - Activities of call centres
incorporation date
December 2014
age
11
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
yorkshire outsourcing limited (January 2016)
accountant
-
auditor
FORVIS MAZARS LLP
address
1st floor 1 paragon square, hull, east yorkshire, HU1 3JZ
Bank
SANTANDERS UK PLC
Legal Advisor
-
res-q outsourcing solutions 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 3 charges/mortgages relating to res-q outsourcing solutions limited. Currently there are 3 open charges and 0 have been satisfied in the past.
res-q outsourcing solutions 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.
Click to start generating capital raising & share issue transactions for RES-Q OUTSOURCING SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
res-q outsourcing solutions limited Companies House Filings - See Documents
| date | description | view/download |
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