qd developments limited
qd developments limited Company Information
Company Number
10346259
Website
-Registered Address
unit 23, oldham broadway business park, oldham, OL9 9XA
Industry
Buying and selling of own real estate
Telephone
01614087008
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
john quinlan 50%
craig devenport 50%
qd developments limited Estimated Valuation
Pomanda estimates the enterprise value of QD DEVELOPMENTS LIMITED at £85.4k based on a Turnover of £51.9k and 1.65x industry multiple (adjusted for size and gross margin).
qd developments limited Estimated Valuation
Pomanda estimates the enterprise value of QD DEVELOPMENTS LIMITED at £40.9k based on an EBITDA of £10.1k and a 4.05x industry multiple (adjusted for size and gross margin).
qd developments limited Estimated Valuation
Pomanda estimates the enterprise value of QD DEVELOPMENTS LIMITED at £62.7k based on Net Assets of £50.8k and 1.23x industry multiple (adjusted for liquidity).
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Qd Developments Limited Overview
Qd Developments Limited is a live company located in oldham, OL9 9XA with a Companies House number of 10346259. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2016, it's largest shareholder is john quinlan with a 50% stake. Qd Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £51.9k with declining growth in recent years.
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Qd Developments Limited Health Check
Pomanda's financial health check has awarded Qd Developments Limited 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £51.9k, make it smaller than the average company (£896.8k)
- Qd Developments Limited
£896.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (2.5%)
- Qd Developments Limited
2.5% - Industry AVG
Production
with a gross margin of 26.7%, this company has a higher cost of product (69.1%)
- Qd Developments Limited
69.1% - Industry AVG
Profitability
an operating margin of 19.5% make it less profitable than the average company (25.8%)
- Qd Developments Limited
25.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Qd Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Qd Developments Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £51.9k, this is less efficient (£191k)
- Qd Developments Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (25 days)
- Qd Developments Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 175 days, this is slower than average (32 days)
- Qd Developments Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Qd Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Qd Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.7%, this is a lower level of debt than the average (63.6%)
43.7% - Qd Developments Limited
63.6% - Industry AVG
QD DEVELOPMENTS LIMITED financials
Qd Developments Limited's latest turnover from August 2023 is estimated at £51.9 thousand and the company has net assets of £50.8 thousand. According to their latest financial statements, we estimate that Qd Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 77,479 | 80,724 | 84,888 | 74,500 | 65,000 | 65,000 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 77,479 | 80,724 | 84,888 | 74,500 | 65,000 | 65,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 12,805 | 10,351 | 40,329 | 19,440 | 23,762 | 788 | 1,206 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,805 | 10,351 | 40,329 | 19,440 | 23,762 | 788 | 1,206 |
| total assets | 90,284 | 91,075 | 125,217 | 93,940 | 88,762 | 65,788 | 1,206 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 18,341 | 17,563 | 39,441 | 38,111 | 51,134 | 44,586 | 1,750 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 18,341 | 17,563 | 39,441 | 38,111 | 51,134 | 44,586 | 1,750 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 21,126 | 30,266 | 38,659 | 46,945 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 21,126 | 30,266 | 38,659 | 46,945 | 0 | 0 | 0 |
| total liabilities | 39,467 | 47,829 | 78,100 | 85,056 | 51,134 | 44,586 | 1,750 |
| net assets | 50,817 | 43,246 | 47,117 | 8,884 | 37,628 | 21,202 | -544 |
| total shareholders funds | 50,817 | 43,246 | 47,117 | 8,884 | 37,628 | 21,202 | -544 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | |||||
| Amortisation | 0 | 0 | |||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,454 | -29,978 | 20,889 | -4,322 | 22,974 | -418 | 1,206 |
| Creditors | 778 | -21,878 | 1,330 | -13,023 | 6,548 | 42,836 | 1,750 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -9,140 | -8,393 | -8,286 | 46,945 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
qd developments limited Credit Report and Business Information
Qd Developments Limited Competitor Analysis
Perform a competitor analysis for qd developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in OL9 area or any other competitors across 12 key performance metrics.
qd developments limited Ownership
QD DEVELOPMENTS LIMITED group structure
Qd Developments Limited has no subsidiary companies.
Ultimate parent company
QD DEVELOPMENTS LIMITED
10346259
qd developments limited directors
Qd Developments Limited currently has 2 directors. The longest serving directors include Mr John Quinlan (Aug 2016) and Mr Craig Devenport (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Quinlan | England | 41 years | Aug 2016 | - | Director |
| Mr Craig Devenport | England | 41 years | Jul 2017 | - | Director |
P&L
August 2023turnover
51.9k
+28%
operating profit
10.1k
0%
gross margin
26.7%
-2.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
50.8k
+0.18%
total assets
90.3k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
qd developments limited company details
company number
10346259
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
August 2016
age
8
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
unit 23, oldham broadway business park, oldham, OL9 9XA
accountant
-
auditor
-
qd developments 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 qd developments limited.
qd developments limited Companies House Filings - See Documents
| date | description | view/download |
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