qubit interior solutions limited
qubit interior solutions limited Company Information
Company Number
09535977
Next Accounts
Jan 2025
Industry
Other construction installation
Other business support service activities n.e.c.
Shareholders
stephen jeremy orme
kyle gordon mcgimpsey
View AllGroup Structure
View All
Contact
Registered Address
unit b, parkside works, texcel business park, dartford, DA1 4SB
Website
www.qubit.uk.comqubit interior solutions limited Estimated Valuation
Pomanda estimates the enterprise value of QUBIT INTERIOR SOLUTIONS LIMITED at £1.3m based on a Turnover of £3.3m and 0.41x industry multiple (adjusted for size and gross margin).
qubit interior solutions limited Estimated Valuation
Pomanda estimates the enterprise value of QUBIT INTERIOR SOLUTIONS LIMITED at £1.3m based on an EBITDA of £341.6k and a 3.67x industry multiple (adjusted for size and gross margin).
qubit interior solutions limited Estimated Valuation
Pomanda estimates the enterprise value of QUBIT INTERIOR SOLUTIONS LIMITED at £1.9m based on Net Assets of £759.7k and 2.49x industry multiple (adjusted for liquidity).
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Qubit Interior Solutions Limited Overview
Qubit Interior Solutions Limited is a live company located in dartford, DA1 4SB with a Companies House number of 09535977. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in April 2015, it's largest shareholder is stephen jeremy orme with a 20% stake. Qubit Interior Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £3.3m with healthy growth in recent years.
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Qubit Interior Solutions Limited Health Check
Pomanda's financial health check has awarded Qubit Interior Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £3.3m, make it in line with the average company (£3.4m)
- Qubit Interior Solutions Limited
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5.7%)
- Qubit Interior Solutions Limited
5.7% - Industry AVG
Production
with a gross margin of 15.9%, this company has a higher cost of product (29.9%)
- Qubit Interior Solutions Limited
29.9% - Industry AVG
Profitability
an operating margin of 10.5% make it more profitable than the average company (6%)
- Qubit Interior Solutions Limited
6% - Industry AVG
Employees
with 10 employees, this is below the industry average (18)
10 - Qubit Interior Solutions Limited
18 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has an equivalent pay structure (£44.4k)
- Qubit Interior Solutions Limited
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £325.9k, this is more efficient (£165.9k)
- Qubit Interior Solutions Limited
£165.9k - Industry AVG
Debtor Days
it gets paid by customers after 143 days, this is later than average (52 days)
- Qubit Interior Solutions Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (38 days)
- Qubit Interior Solutions Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Qubit Interior Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Qubit Interior Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.5%, this is a lower level of debt than the average (62.6%)
43.5% - Qubit Interior Solutions Limited
62.6% - Industry AVG
QUBIT INTERIOR SOLUTIONS LIMITED financials
Qubit Interior Solutions Limited's latest turnover from April 2023 is estimated at £3.3 million and the company has net assets of £759.7 thousand. According to their latest financial statements, Qubit Interior Solutions Limited has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 10 | 8 | 8 | 8 | 7 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 59,770 | 33,270 | 17,642 | 9,135 | 18,304 | 24,792 | 35,556 | 13,515 |
| 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 | 59,770 | 33,270 | 17,642 | 9,135 | 18,304 | 24,792 | 35,556 | 13,515 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,285,695 | 964,112 | 551,275 | 845,844 | 1,303,575 | 539,946 | 696,422 | 39,831 |
| 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 | 0 | 400,344 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,285,695 | 964,112 | 551,275 | 845,844 | 1,303,575 | 539,946 | 696,422 | 440,175 |
| total assets | 1,345,465 | 997,382 | 568,917 | 854,979 | 1,321,879 | 564,738 | 731,978 | 453,690 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 552,181 | 450,476 | 141,087 | 566,604 | 1,151,815 | 451,769 | 381,166 | 322,629 |
| 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 | 552,181 | 450,476 | 141,087 | 566,604 | 1,151,815 | 451,769 | 381,166 | 322,629 |
| 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 | 33,542 | 43,334 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 33,542 | 43,334 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 585,723 | 493,810 | 191,087 | 566,604 | 1,151,815 | 451,769 | 381,166 | 322,629 |
| net assets | 759,742 | 503,572 | 377,830 | 288,375 | 170,064 | 112,969 | 350,812 | 131,061 |
| total shareholders funds | 759,742 | 503,572 | 377,830 | 288,375 | 170,064 | 112,969 | 350,812 | 131,061 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 5,681 | |||||||
| Amortisation | 0 | |||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 321,583 | 412,837 | -294,569 | -457,731 | 763,629 | -156,476 | 656,591 | 39,831 |
| Creditors | 101,705 | 309,389 | -425,517 | -585,211 | 700,046 | 70,603 | 58,537 | 322,629 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| 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 | -9,792 | -6,666 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -400,344 | 400,344 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -400,344 | 400,344 |
qubit interior solutions limited Credit Report and Business Information
Qubit Interior Solutions Limited Competitor Analysis
Perform a competitor analysis for qubit interior solutions limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DA1 area or any other competitors across 12 key performance metrics.
qubit interior solutions limited Ownership
QUBIT INTERIOR SOLUTIONS LIMITED group structure
Qubit Interior Solutions Limited has no subsidiary companies.
Ultimate parent company
QUBIT INTERIOR SOLUTIONS LIMITED
09535977
qubit interior solutions limited directors
Qubit Interior Solutions Limited currently has 4 directors. The longest serving directors include Mr Stephen Orme (Apr 2015) and Mrs Maxine Orme (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Orme | United Kingdom | 58 years | Apr 2015 | - | Director |
| Mrs Maxine Orme | England | 52 years | Apr 2015 | - | Director |
| Mr Kyle McGimpsey | England | 47 years | Apr 2015 | - | Director |
| Mrs Saulai McGimpsey | England | 47 years | Apr 2015 | - | Director |
P&L
April 2023turnover
3.3m
+35%
operating profit
341.6k
0%
gross margin
15.9%
+2.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
759.7k
+0.51%
total assets
1.3m
+0.35%
cash
0
0%
net assets
Total assets minus all liabilities
qubit interior solutions limited company details
company number
09535977
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
43290 - Other construction installation
82990 - Other business support service activities n.e.c.
incorporation date
April 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
unit b, parkside works, texcel business park, dartford, DA1 4SB
Bank
-
Legal Advisor
-
qubit interior 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 did not find charges/mortgages relating to qubit interior solutions limited.
qubit interior solutions limited Companies House Filings - See Documents
| date | description | view/download |
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