quayside 2015 limited
quayside 2015 limited Company Information
Company Number
09885173
Next Accounts
Sep 2025
Shareholders
michael david conway
david cox
Group Structure
View All
Industry
Non-trading company
Registered Address
9 wheel forge way, trafford park, manchester, M17 1EH
Website
-quayside 2015 limited Estimated Valuation
Pomanda estimates the enterprise value of QUAYSIDE 2015 LIMITED at £15.5m based on a Turnover of £16.1m and 0.96x industry multiple (adjusted for size and gross margin).
quayside 2015 limited Estimated Valuation
Pomanda estimates the enterprise value of QUAYSIDE 2015 LIMITED at £18.4m based on an EBITDA of £1m and a 18.35x industry multiple (adjusted for size and gross margin).
quayside 2015 limited Estimated Valuation
Pomanda estimates the enterprise value of QUAYSIDE 2015 LIMITED at £140.8k based on Net Assets of £124.2k and 1.13x industry multiple (adjusted for liquidity).
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Quayside 2015 Limited Overview
Quayside 2015 Limited is a live company located in manchester, M17 1EH with a Companies House number of 09885173. It operates in the non-trading company sector, SIC Code 74990. Founded in November 2015, it's largest shareholder is michael david conway with a 98% stake. Quayside 2015 Limited is a established, mid sized company, Pomanda has estimated its turnover at £16.1m with healthy growth in recent years.
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Quayside 2015 Limited Health Check
Pomanda's financial health check has awarded Quayside 2015 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £16.1m, make it larger than the average company (£3.8m)
£16.1m - Quayside 2015 Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5.8%)
10% - Quayside 2015 Limited
5.8% - Industry AVG
Production
with a gross margin of 63.7%, this company has a lower cost of product (36.1%)
63.7% - Quayside 2015 Limited
36.1% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (5%)
3.7% - Quayside 2015 Limited
5% - Industry AVG
Employees
with 157 employees, this is above the industry average (41)
157 - Quayside 2015 Limited
41 - Industry AVG
Pay Structure
on an average salary of £34k, the company has an equivalent pay structure (£41.8k)
£34k - Quayside 2015 Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £102.3k, this is less efficient (£153.8k)
£102.3k - Quayside 2015 Limited
£153.8k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (41 days)
9 days - Quayside 2015 Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 92 days, this is slower than average (40 days)
92 days - Quayside 2015 Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is less than average (47 days)
32 days - Quayside 2015 Limited
47 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (34 weeks)
21 weeks - Quayside 2015 Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97%, this is a higher level of debt than the average (47.5%)
97% - Quayside 2015 Limited
47.5% - Industry AVG
QUAYSIDE 2015 LIMITED financials
Quayside 2015 Limited's latest turnover from December 2023 is £16.1 million and the company has net assets of £124.2 thousand. According to their latest financial statements, Quayside 2015 Limited has 157 employees and maintains cash reserves of £1.6 million 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 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 16,064,790 | 14,561,969 | 14,215,270 | 12,132,593 | 13,062,010 | 12,297,924 | 11,516,354 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 5,827,970 | 5,320,288 | 5,480,067 | 4,967,733 | 5,005,082 | 4,974,242 | 4,750,141 | |
| Gross Profit | 10,236,820 | 9,241,681 | 8,735,203 | 7,164,860 | 8,056,928 | 7,323,682 | 6,766,213 | |
| Admin Expenses | 9,645,969 | 8,647,495 | 8,079,952 | 7,088,769 | 7,676,380 | 7,109,520 | 6,278,790 | |
| Operating Profit | 590,851 | 594,186 | 655,251 | 76,091 | 380,548 | 214,162 | 487,423 | |
| Interest Payable | 95,655 | 111,693 | 46,012 | 61,368 | 6,925 | 3,740 | 4,035 | |
| Interest Receivable | 16,442 | 0 | 0 | 0 | 93 | 124 | 122 | |
| Pre-Tax Profit | 60,189 | 482,493 | 609,239 | 14,723 | 373,716 | 210,546 | 483,510 | |
| Tax | 25,202 | -53,023 | -113,643 | -53,776 | -88,486 | -57,485 | -105,614 | |
| Profit After Tax | 85,391 | 429,470 | 495,596 | -39,053 | 285,230 | 153,061 | 377,896 | |
| Dividends Paid | 360,000 | 326,154 | 203,965 | 301,360 | 291,244 | 266,680 | 275,494 | |
| Retained Profit | -274,609 | 103,316 | 291,631 | -340,413 | -6,014 | -113,619 | 102,402 | |
| Employee Costs | 5,339,693 | 4,740,982 | 4,229,400 | 3,685,827 | 3,937,429 | 3,571,411 | 3,083,156 | |
| Number Of Employees | 157 | 144 | 148 | 130 | 116 | 120 | 124 | |
| EBITDA* | 1,001,657 | 944,269 | 1,097,118 | 746,288 | 818,426 | 516,893 | 838,456 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 836,459 | 955,764 | 979,445 | 1,344,848 | 1,478,183 | 1,131,232 | 1,024,759 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 92,000 | 184,000 | 0 | 0 |
| Investments & Other | 1 | 0 | 0 | 0 | 0 | 0 | 276,000 | 920,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 836,460 | 955,764 | 979,445 | 1,344,848 | 1,570,183 | 1,315,232 | 1,300,759 | 920,000 |
| Stock & work in progress | 514,289 | 513,524 | 377,478 | 398,683 | 276,738 | 329,494 | 295,721 | 0 |
| Trade Debtors | 432,281 | 396,745 | 384,661 | 220,499 | 205,096 | 88,108 | 963,721 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 815,510 | 1,190,835 | 875,211 | 590,649 | 880,795 | 908,694 | 0 | 0 |
| Cash | 1,586,753 | 1,425,924 | 2,600,862 | 2,827,557 | 730,849 | 583,913 | 677,964 | 0 |
| misc current assets | 0 | 2,116 | 24,970 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,348,833 | 3,529,144 | 4,263,182 | 4,037,388 | 2,093,478 | 1,910,209 | 1,937,406 | 0 |
| total assets | 4,185,293 | 4,484,908 | 5,242,627 | 5,382,236 | 3,663,661 | 3,225,441 | 3,238,165 | 920,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 266,667 | 266,663 | 266,663 | 266,664 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,473,520 | 1,484,966 | 1,799,570 | 2,043,748 | 1,718,376 | 1,676,726 | 2,054,758 | 0 |
| 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 | 3,975 | 95,624 | 362,348 | 326,404 | 171,462 | 51,896 | 0 | 0 |
| other current liabilities | 2,104,821 | 1,629,819 | 1,121,186 | 630,691 | 241,576 | 414,031 | 0 | 460,000 |
| total current liabilities | 3,848,983 | 3,477,072 | 3,549,767 | 3,267,507 | 2,131,414 | 2,142,653 | 2,054,758 | 460,000 |
| loans | 3,889 | 355,559 | 622,226 | 888,892 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 14,787 | 58,101 | 441,975 | 416,693 | 49,706 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 46,443 | 0 |
| provisions | 208,249 | 238,709 | 185,686 | 248,646 | 239,925 | 151,439 | 141,702 | 0 |
| total long term liabilities | 212,138 | 609,055 | 866,013 | 1,579,513 | 656,618 | 201,145 | 188,145 | 0 |
| total liabilities | 4,061,121 | 4,086,127 | 4,415,780 | 4,847,020 | 2,788,032 | 2,343,798 | 2,242,903 | 460,000 |
| net assets | 124,172 | 398,781 | 826,847 | 535,216 | 875,629 | 881,643 | 995,262 | 460,000 |
| total shareholders funds | 124,172 | 398,781 | 826,847 | 535,216 | 875,629 | 881,643 | 995,262 | 460,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 590,851 | 594,186 | 655,251 | 76,091 | 380,548 | 214,162 | 487,423 | |
| Depreciation | 410,806 | 350,083 | 441,867 | 578,197 | 345,878 | 210,731 | 259,033 | 0 |
| Amortisation | 0 | 0 | 0 | 92,000 | 92,000 | 92,000 | 92,000 | 0 |
| Tax | 25,202 | -53,023 | -113,643 | -53,776 | -88,486 | -57,485 | -105,614 | |
| Stock | 765 | 136,046 | -21,205 | 121,945 | -52,756 | 33,773 | 295,721 | 0 |
| Debtors | -339,789 | 327,708 | 448,724 | -274,743 | 89,089 | 33,081 | 963,721 | 0 |
| Creditors | -11,446 | -314,604 | -244,178 | 325,372 | 41,650 | -378,032 | 2,054,758 | 0 |
| Accruals and Deferred Income | 475,002 | 508,633 | 490,495 | 389,115 | -172,455 | 414,031 | -460,000 | 460,000 |
| Deferred Taxes & Provisions | -30,460 | 53,023 | -62,960 | 8,721 | 88,486 | 9,737 | 141,702 | 0 |
| Cash flow from operations | 1,798,979 | 674,544 | 739,313 | 1,568,518 | 651,288 | 438,290 | 1,209,860 | |
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -356,076 | -553,749 | |
| Change in Investments | 1 | 0 | 0 | 0 | 0 | -276,000 | -644,000 | 920,000 |
| cash flow from investments | -1 | 0 | 0 | 0 | 0 | -80,076 | 90,251 | |
| Financing Activities | ||||||||
| Bank loans | 4 | 0 | -1 | 266,664 | 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 | -351,670 | -266,667 | -266,666 | 888,892 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -106,436 | -310,038 | -347,930 | 180,224 | 486,553 | 101,602 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -46,443 | 46,443 | 0 |
| share issue | ||||||||
| interest | -79,213 | -111,693 | -46,012 | -61,368 | -6,832 | -3,616 | -3,913 | |
| cash flow from financing | -537,315 | -1,219,780 | -660,609 | 1,274,412 | 479,721 | 51,543 | 475,390 | |
| cash and cash equivalents | ||||||||
| cash | 160,829 | -1,174,938 | -226,695 | 2,096,708 | 146,936 | -94,051 | 677,964 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 160,829 | -1,174,938 | -226,695 | 2,096,708 | 146,936 | -94,051 | 677,964 | 0 |
quayside 2015 limited Credit Report and Business Information
Quayside 2015 Limited Competitor Analysis
Perform a competitor analysis for quayside 2015 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in M17 area or any other competitors across 12 key performance metrics.
quayside 2015 limited Ownership
QUAYSIDE 2015 LIMITED group structure
Quayside 2015 Limited has 1 subsidiary company.
quayside 2015 limited directors
Quayside 2015 Limited currently has 6 directors. The longest serving directors include Mr Michael Conway (Nov 2015) and Mr David Cox (Dec 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Conway | England | 60 years | Nov 2015 | - | Director |
| Mr David Cox | England | 64 years | Dec 2016 | - | Director |
| Mr Simon Turner | England | 39 years | Jan 2017 | - | Director |
| Mr Sam Jones | England | 47 years | Jan 2017 | - | Director |
| Mr Mark Thomas | England | 60 years | Aug 2020 | - | Director |
| Mr Paul Fairclough | England | 48 years | May 2021 | - | Director |
P&L
December 2023turnover
16.1m
+10%
operating profit
590.9k
-1%
gross margin
63.8%
+0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
124.2k
-0.69%
total assets
4.2m
-0.07%
cash
1.6m
+0.11%
net assets
Total assets minus all liabilities
quayside 2015 limited company details
company number
09885173
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
LOPIAN GROSS BARNETT & CO
address
9 wheel forge way, trafford park, manchester, M17 1EH
Bank
-
Legal Advisor
-
quayside 2015 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 1 charges/mortgages relating to quayside 2015 limited. Currently there are 1 open charges and 0 have been satisfied in the past.
quayside 2015 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 QUAYSIDE 2015 LIMITED. This can take several minutes, an email will notify you when this has completed.
quayside 2015 limited Companies House Filings - See Documents
| date | description | view/download |
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