quality prime limited
quality prime limited Company Information
Company Number
10558556
Website
www.austinhairdesign.co.ukRegistered Address
primera accountants limited, fir, spitalfields house, borehamwood, WD6 2FX
Industry
Hairdressing and other beauty treatment
Telephone
-
Next Accounts Due
October 2025
Group Structure
View All
Shareholders
arjuman ali 50%
riaz ali 50%
quality prime limited Estimated Valuation
Pomanda estimates the enterprise value of QUALITY PRIME LIMITED at £34.7k based on a Turnover of £57.5k and 0.6x industry multiple (adjusted for size and gross margin).
quality prime limited Estimated Valuation
Pomanda estimates the enterprise value of QUALITY PRIME LIMITED at £0 based on an EBITDA of £-11.8k and a 3.28x industry multiple (adjusted for size and gross margin).
quality prime limited Estimated Valuation
Pomanda estimates the enterprise value of QUALITY PRIME LIMITED at £0 based on Net Assets of £-12k and 4.9x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Quality Prime Limited Overview
Quality Prime Limited is a live company located in borehamwood, WD6 2FX with a Companies House number of 10558556. It operates in the hairdressing and other beauty treatment sector, SIC Code 96020. Founded in January 2017, it's largest shareholder is arjuman ali with a 50% stake. Quality Prime Limited is a young, micro sized company, Pomanda has estimated its turnover at £57.5k with declining growth in recent years.
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Quality Prime Limited Health Check
Pomanda's financial health check has awarded Quality Prime Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £57.5k, make it smaller than the average company (£83.3k)
- Quality Prime Limited
£83.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (12.3%)
- Quality Prime Limited
12.3% - Industry AVG
Production
with a gross margin of 43.5%, this company has a higher cost of product (78.5%)
- Quality Prime Limited
78.5% - Industry AVG
Profitability
an operating margin of -20.6% make it less profitable than the average company (6%)
- Quality Prime Limited
6% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Quality Prime Limited
3 - Industry AVG
Pay Structure
on an average salary of £13.8k, the company has an equivalent pay structure (£13.8k)
- Quality Prime Limited
£13.8k - Industry AVG
Efficiency
resulting in sales per employee of £28.8k, this is less efficient (£39.2k)
- Quality Prime Limited
£39.2k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (33 days)
- Quality Prime Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 329 days, this is slower than average (80 days)
- Quality Prime Limited
80 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Quality Prime Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Quality Prime Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 169.5%, this is a higher level of debt than the average (93.7%)
169.5% - Quality Prime Limited
93.7% - Industry AVG
QUALITY PRIME LIMITED financials
Quality Prime Limited's latest turnover from January 2024 is estimated at £57.5 thousand and the company has net assets of -£12 thousand. According to their latest financial statements, Quality Prime Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 378 | 1,087 | 948 | 391 | 783 | 1,175 |
| 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 | 0 | 378 | 1,087 | 948 | 391 | 783 | 1,175 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 17,318 | 17,441 | 15,480 | 22,949 | 25,402 | 28,258 | 40,752 |
| 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 | 17,318 | 17,441 | 15,480 | 22,949 | 25,402 | 28,258 | 40,752 |
| total assets | 17,318 | 17,819 | 16,567 | 23,897 | 25,793 | 29,041 | 41,927 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 29,351 | 18,014 | 14,071 | 23,543 | 14,404 | 17,531 | 22,247 |
| 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 | 29,351 | 18,014 | 14,071 | 23,543 | 14,404 | 17,531 | 22,247 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 29,351 | 18,014 | 14,071 | 23,543 | 14,404 | 17,531 | 22,247 |
| net assets | -12,033 | -195 | 2,496 | 354 | 11,389 | 11,510 | 19,680 |
| total shareholders funds | -12,033 | -195 | 2,496 | 354 | 11,389 | 11,510 | 19,680 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -123 | 1,961 | -7,469 | -2,453 | -2,856 | -12,494 | 40,752 |
| Creditors | 11,337 | 3,943 | -9,472 | 9,139 | -3,127 | -4,716 | 22,247 |
| 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 | 0 | 0 | 0 | 0 | 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 |
quality prime limited Credit Report and Business Information
Quality Prime Limited Competitor Analysis
Perform a competitor analysis for quality prime limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in WD6 area or any other competitors across 12 key performance metrics.
quality prime limited Ownership
QUALITY PRIME LIMITED group structure
Quality Prime Limited has no subsidiary companies.
Ultimate parent company
QUALITY PRIME LIMITED
10558556
quality prime limited directors
Quality Prime Limited currently has 3 directors. The longest serving directors include Mrs Arjuman Ali (Jan 2017) and Mr Riaz Ali (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Arjuman Ali | United Kingdom | 49 years | Jan 2017 | - | Director |
| Mr Riaz Ali | England | 58 years | Jan 2017 | - | Director |
| Dr Muntazir Ali | 62 years | Jun 2022 | - | Director |
P&L
January 2024turnover
57.5k
+13%
operating profit
-11.8k
0%
gross margin
43.5%
-17.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-12k
+60.71%
total assets
17.3k
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
quality prime limited company details
company number
10558556
Type
Private limited with Share Capital
industry
96020 - Hairdressing and other beauty treatment
incorporation date
January 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
quality hair and beauty limited (December 2021)
accountant
-
auditor
-
address
primera accountants limited, fir, spitalfields house, borehamwood, WD6 2FX
Bank
-
Legal Advisor
-
quality prime 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 quality prime limited.
quality prime limited Companies House Filings - See Documents
| date | description | view/download |
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