qualitas property development ltd
qualitas property development ltd Company Information
Company Number
10053886
Next Accounts
80 days late
Shareholders
nicholas william woodworth
jonathan kyle woodcock
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
4th floor tuition house, 27-37 st george's road, london, SW19 4EU
Website
-qualitas property development ltd Estimated Valuation
Pomanda estimates the enterprise value of QUALITAS PROPERTY DEVELOPMENT LTD at £524.4k based on a Turnover of £1.4m and 0.36x industry multiple (adjusted for size and gross margin).
qualitas property development ltd Estimated Valuation
Pomanda estimates the enterprise value of QUALITAS PROPERTY DEVELOPMENT LTD at £5.6k based on an EBITDA of £1.7k and a 3.27x industry multiple (adjusted for size and gross margin).
qualitas property development ltd Estimated Valuation
Pomanda estimates the enterprise value of QUALITAS PROPERTY DEVELOPMENT LTD at £493.5k based on Net Assets of £368k and 1.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Qualitas Property Development Ltd Overview
Qualitas Property Development Ltd is a live company located in london, SW19 4EU with a Companies House number of 10053886. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in March 2016, it's largest shareholder is nicholas william woodworth with a 50% stake. Qualitas Property Development Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Qualitas Property Development Ltd Health Check
Pomanda's financial health check has awarded Qualitas Property Development Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £1.4m, make it larger than the average company (£660.7k)
- Qualitas Property Development Ltd
£660.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (7.5%)
- Qualitas Property Development Ltd
7.5% - Industry AVG
Production
with a gross margin of 19.5%, this company has a comparable cost of product (19.5%)
- Qualitas Property Development Ltd
19.5% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (6.3%)
- Qualitas Property Development Ltd
6.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Qualitas Property Development Ltd
4 - Industry AVG
Pay Structure
on an average salary of £42.7k, the company has an equivalent pay structure (£42.7k)
- Qualitas Property Development Ltd
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £721.1k, this is more efficient (£224.6k)
- Qualitas Property Development Ltd
£224.6k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (27 days)
- Qualitas Property Development Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is slower than average (28 days)
- Qualitas Property Development Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Qualitas Property Development Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (15 weeks)
12 weeks - Qualitas Property Development Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.2%, this is a similar level of debt than the average (74.6%)
76.2% - Qualitas Property Development Ltd
74.6% - Industry AVG
QUALITAS PROPERTY DEVELOPMENT LTD financials
Qualitas Property Development Ltd's latest turnover from March 2023 is estimated at £1.4 million and the company has net assets of £368 thousand. According to their latest financial statements, Qualitas Property Development Ltd has 2 employees and maintains cash reserves of £43.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 428 | ||||||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 428 | ||||||
| Stock & work in progress | 4,421,668 | ||||||
| Trade Debtors | 201,153 | 321 | 16,151 | 2,922,062 | 2,204,272 | ||
| Group Debtors | |||||||
| Misc Debtors | 1,298,758 | 460,456 | 278,209 | 82,445 | 1,176 | ||
| Cash | 43,462 | 13,631 | 64,235 | 9,510 | 706 | ||
| misc current assets | 2,150,000 | ||||||
| total current assets | 1,543,373 | 474,408 | 358,595 | 4,513,623 | 2,922,062 | 2,204,272 | 2,151,882 |
| total assets | 1,543,801 | 474,408 | 358,595 | 4,513,623 | 2,922,062 | 2,204,272 | 2,151,882 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 104,476 | 29,156 | 24,044 | 97,150 | 276,953 | 457,030 | 1,150 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 71,310 | 79,566 | 140,986 | 3,856,644 | 463,044 | ||
| total current liabilities | 175,786 | 108,722 | 165,030 | 3,953,794 | 276,953 | 457,030 | 464,194 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 1,000,000 | 2,045,470 | 1,140,652 | 1,088,366 | |||
| provisions | |||||||
| total long term liabilities | 1,000,000 | 2,045,470 | 1,140,652 | 1,088,366 | |||
| total liabilities | 1,175,786 | 108,722 | 165,030 | 3,953,794 | 2,322,423 | 1,597,682 | 1,552,560 |
| net assets | 368,015 | 365,686 | 193,565 | 559,829 | 599,639 | 606,590 | 599,322 |
| total shareholders funds | 368,015 | 365,686 | 193,565 | 559,829 | 599,639 | 606,590 | 599,322 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 54 | ||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | -4,421,668 | 4,421,668 | |||||
| Debtors | 1,039,134 | 166,417 | 211,915 | -2,839,617 | 717,790 | 2,203,096 | 1,176 |
| Creditors | 75,320 | 5,112 | -73,106 | -179,803 | -180,077 | 455,880 | 1,150 |
| Accruals and Deferred Income | -8,256 | -61,420 | -3,715,658 | 3,856,644 | -463,044 | 463,044 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | 1,000,000 | -2,045,470 | 904,818 | 52,286 | 1,088,366 | ||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 29,831 | -50,604 | 54,725 | 9,510 | -706 | 706 | |
| overdraft | |||||||
| change in cash | 29,831 | -50,604 | 54,725 | 9,510 | -706 | 706 |
qualitas property development ltd Credit Report and Business Information
Qualitas Property Development Ltd Competitor Analysis
Perform a competitor analysis for qualitas property development ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SW19 area or any other competitors across 12 key performance metrics.
qualitas property development ltd Ownership
QUALITAS PROPERTY DEVELOPMENT LTD group structure
Qualitas Property Development Ltd has no subsidiary companies.
Ultimate parent company
QUALITAS PROPERTY DEVELOPMENT LTD
10053886
qualitas property development ltd directors
Qualitas Property Development Ltd currently has 2 directors. The longest serving directors include Mr Jonathan Woodcock (Mar 2016) and Mr Nicholas Woodworth (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Woodcock | England | 55 years | Mar 2016 | - | Director |
| Mr Nicholas Woodworth | United Kingdom | 53 years | Mar 2016 | - | Director |
P&L
March 2023turnover
1.4m
+500%
operating profit
1.7k
0%
gross margin
19.6%
+6.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
368k
+0.01%
total assets
1.5m
+2.25%
cash
43.5k
+2.19%
net assets
Total assets minus all liabilities
qualitas property development ltd company details
company number
10053886
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
HARTLEY FOWLER LLP
auditor
-
address
4th floor tuition house, 27-37 st george's road, london, SW19 4EU
Bank
-
Legal Advisor
-
qualitas property development ltd 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 5 charges/mortgages relating to qualitas property development ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
qualitas property development ltd 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 QUALITAS PROPERTY DEVELOPMENT LTD. This can take several minutes, an email will notify you when this has completed.
qualitas property development ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
