quality foods services ltd Company Information
Company Number
10569459
Next Accounts
Oct 2025
Industry
Other food service activities
Shareholders
uncle ma international limited
Group Structure
View All
Contact
Registered Address
unit 13-15 invincible drive, armstrong industrial park, newcastle upon tyne, tyne & wear, NE4 7HX
Website
-quality foods services ltd Estimated Valuation
Pomanda estimates the enterprise value of QUALITY FOODS SERVICES LTD at £509.1k based on a Turnover of £1.3m and 0.38x industry multiple (adjusted for size and gross margin).
quality foods services ltd Estimated Valuation
Pomanda estimates the enterprise value of QUALITY FOODS SERVICES LTD at £0 based on an EBITDA of £-45.5k and a 3.49x industry multiple (adjusted for size and gross margin).
quality foods services ltd Estimated Valuation
Pomanda estimates the enterprise value of QUALITY FOODS SERVICES LTD at £0 based on Net Assets of £-18.4k and 2.88x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Quality Foods Services Ltd Overview
Quality Foods Services Ltd is a live company located in newcastle upon tyne, NE4 7HX with a Companies House number of 10569459. It operates in the other food services sector, SIC Code 56290. Founded in January 2017, it's largest shareholder is uncle ma international limited with a 100% stake. Quality Foods Services Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Quality Foods Services Ltd Health Check
Pomanda's financial health check has awarded Quality Foods Services Ltd 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 £1.3m, make it smaller than the average company (£1.8m)
- Quality Foods Services Ltd
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (12.4%)
- Quality Foods Services Ltd
12.4% - Industry AVG
Production
with a gross margin of 14.7%, this company has a higher cost of product (25.6%)
- Quality Foods Services Ltd
25.6% - Industry AVG
Profitability
an operating margin of -3.4% make it less profitable than the average company (2.9%)
- Quality Foods Services Ltd
2.9% - Industry AVG
Employees
with 8 employees, this is below the industry average (26)
8 - Quality Foods Services Ltd
26 - Industry AVG
Pay Structure
on an average salary of £24.5k, the company has an equivalent pay structure (£24.5k)
- Quality Foods Services Ltd
£24.5k - Industry AVG
Efficiency
resulting in sales per employee of £167.9k, this is more efficient (£68.7k)
- Quality Foods Services Ltd
£68.7k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (29 days)
- Quality Foods Services Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (34 days)
- Quality Foods Services Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Quality Foods Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Quality Foods Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.7%, this is a higher level of debt than the average (66.6%)
105.7% - Quality Foods Services Ltd
66.6% - Industry AVG
QUALITY FOODS SERVICES LTD financials
Quality Foods Services Ltd's latest turnover from January 2024 is estimated at £1.3 million and the company has net assets of -£18.4 thousand. According to their latest financial statements, Quality Foods Services Ltd has 8 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 | 8 | 8 | 5 | 5 | 5 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 16,145 | 18,779 | 21,878 | 24,404 | 28,496 | 33,309 | 38,972 |
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 | 16,145 | 18,779 | 21,878 | 24,404 | 28,496 | 33,309 | 38,972 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 304,288 | 306,690 | 315,676 | 499,649 | 348,064 | 201,499 | 23,203 |
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 | 304,288 | 306,690 | 315,676 | 499,649 | 348,064 | 201,499 | 23,203 |
total assets | 320,433 | 325,469 | 337,554 | 524,053 | 376,560 | 234,808 | 62,175 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 224,826 | 174,135 | 169,391 | 410,565 | 470,386 | 392,834 | 97,238 |
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 | 224,826 | 174,135 | 169,391 | 410,565 | 470,386 | 392,834 | 97,238 |
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 | 114,001 | 124,243 | 142,887 | 145,694 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 114,001 | 124,243 | 142,887 | 145,694 | 0 | 0 | 0 |
total liabilities | 338,827 | 298,378 | 312,278 | 556,259 | 470,386 | 392,834 | 97,238 |
net assets | -18,394 | 27,091 | 25,276 | -32,206 | -93,826 | -158,026 | -35,063 |
total shareholders funds | -18,394 | 27,091 | 25,276 | -32,206 | -93,826 | -158,026 | -35,063 |
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 | -2,402 | -8,986 | -183,973 | 151,585 | 146,565 | 178,296 | 23,203 |
Creditors | 50,691 | 4,744 | -241,174 | -59,821 | 77,552 | 295,596 | 97,238 |
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 | -10,242 | -18,644 | -2,807 | 145,694 | 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 foods services ltd Credit Report and Business Information
Quality Foods Services Ltd Competitor Analysis
Perform a competitor analysis for quality foods services ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in NE4 area or any other competitors across 12 key performance metrics.
quality foods services ltd Ownership
QUALITY FOODS SERVICES LTD group structure
Quality Foods Services Ltd has no subsidiary companies.
Ultimate parent company
UNCLE MA INTERNATIONAL LTD
#0108455
1 parent
QUALITY FOODS SERVICES LTD
10569459
quality foods services ltd directors
Quality Foods Services Ltd currently has 2 directors. The longest serving directors include Mr James Lau (Jan 2017) and Mr James Lau (Jan 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Lau | United Kingdom | 28 years | Jan 2017 | - | Director |
Mr James Lau | 28 years | Jan 2017 | - | Director |
P&L
January 2024turnover
1.3m
+18%
operating profit
-45.5k
0%
gross margin
14.7%
-7.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-18.4k
-1.68%
total assets
320.4k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
quality foods services ltd company details
company number
10569459
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
January 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
SKS BAILEY GROUP LIMITED
auditor
-
address
unit 13-15 invincible drive, armstrong industrial park, newcastle upon tyne, tyne & wear, NE4 7HX
Bank
-
Legal Advisor
-
quality foods services 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 did not find charges/mortgages relating to quality foods services ltd.
quality foods services ltd Companies House Filings - See Documents
date | description | view/download |
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