qlaimstech ltd
qlaimstech ltd Company Information
Company Number
10671015
Next Accounts
Dec 2025
Shareholders
qlaims limited
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
level 30, the leadenhall building, london, EC3V 4AB
Website
qlaims.comqlaimstech ltd Estimated Valuation
Pomanda estimates the enterprise value of QLAIMSTECH LTD at £440k based on a Turnover of £614.2k and 0.72x industry multiple (adjusted for size and gross margin).
qlaimstech ltd Estimated Valuation
Pomanda estimates the enterprise value of QLAIMSTECH LTD at £0 based on an EBITDA of £-318.2k and a 4.88x industry multiple (adjusted for size and gross margin).
qlaimstech ltd Estimated Valuation
Pomanda estimates the enterprise value of QLAIMSTECH LTD at £0 based on Net Assets of £-2.1m and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Qlaimstech Ltd Overview
Qlaimstech Ltd is a live company located in london, EC3V 4AB with a Companies House number of 10671015. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2017, it's largest shareholder is qlaims limited with a 100% stake. Qlaimstech Ltd is a young, small sized company, Pomanda has estimated its turnover at £614.2k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Qlaimstech Ltd Health Check
Pomanda's financial health check has awarded Qlaimstech Ltd a 1.5 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
2 Regular
7 Weak
Size
annual sales of £614.2k, make it smaller than the average company (£7.5m)
- Qlaimstech Ltd
£7.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (9%)
- Qlaimstech Ltd
9% - Industry AVG
Production
with a gross margin of 48.4%, this company has a comparable cost of product (48.4%)
- Qlaimstech Ltd
48.4% - Industry AVG
Profitability
an operating margin of -62.5% make it less profitable than the average company (4%)
- Qlaimstech Ltd
4% - Industry AVG
Employees
with 10 employees, this is below the industry average (43)
10 - Qlaimstech Ltd
43 - Industry AVG
Pay Structure
on an average salary of £72.5k, the company has an equivalent pay structure (£72.5k)
- Qlaimstech Ltd
£72.5k - Industry AVG
Efficiency
resulting in sales per employee of £61.4k, this is less efficient (£177.1k)
- Qlaimstech Ltd
£177.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (51 days)
- Qlaimstech Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (35 days)
- Qlaimstech Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Qlaimstech Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Qlaimstech Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 715.1%, this is a higher level of debt than the average (62.8%)
715.1% - Qlaimstech Ltd
62.8% - Industry AVG
QLAIMSTECH LTD financials
Qlaimstech Ltd's latest turnover from March 2024 is estimated at £614.2 thousand and the company has net assets of -£2.1 million. According to their latest financial statements, Qlaimstech Ltd has 10 employees and maintains cash reserves of £58.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 10 | 8 | 6 | 6 | 6 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,069 | 9,457 | 12,816 | 18,259 | 38,638 | 38,096 | |
| Intangible Assets | 149,972 | 125,744 | 137,404 | 164,551 | 179,358 | ||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 153,041 | 135,201 | 150,220 | 182,810 | 217,996 | 38,096 | |
| Stock & work in progress | |||||||
| Trade Debtors | 2,597 | 5,012 | 4,052 | 953 | 834 | ||
| Group Debtors | 180 | ||||||
| Misc Debtors | 126,361 | 69,520 | 32,949 | 25,518 | 75,329 | 28,490 | 31 |
| Cash | 58,415 | 16,113 | 36,454 | 53,782 | 9,889 | 38,127 | 11,010 |
| misc current assets | |||||||
| total current assets | 187,373 | 90,645 | 73,455 | 80,253 | 86,052 | 66,797 | 11,041 |
| total assets | 340,414 | 225,846 | 223,675 | 263,063 | 304,048 | 104,893 | 11,041 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 12,519 | 14,150 | 1,014 | 6,513 | 10,771 | 26,837 | |
| Group/Directors Accounts | 2,289,341 | 1,826,320 | 1,566,999 | 1,213,443 | 876,596 | 417,652 | 51,222 |
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 132,543 | 97,542 | 2,682 | 45,500 | 18,849 | 22,453 | 21,918 |
| total current liabilities | 2,434,403 | 1,938,012 | 1,570,695 | 1,265,456 | 906,216 | 466,942 | 73,140 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 2,434,403 | 1,938,012 | 1,570,695 | 1,265,456 | 906,216 | 466,942 | 73,140 |
| net assets | -2,093,989 | -1,712,166 | -1,347,020 | -1,002,393 | -602,168 | -362,049 | -62,099 |
| total shareholders funds | -2,093,989 | -1,712,166 | -1,347,020 | -1,002,393 | -602,168 | -362,049 | -62,099 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 6,463 | 6,449 | 6,112 | 5,794 | 970 | 9,523 | |
| Amortisation | 59,157 | 88,808 | 74,586 | 60,150 | 4,051 | ||
| Tax | |||||||
| Stock | |||||||
| Debtors | 54,426 | 37,531 | 10,530 | -49,692 | 47,493 | 28,639 | 31 |
| Creditors | -1,631 | 13,136 | -5,499 | -4,258 | -16,066 | 26,837 | |
| Accruals and Deferred Income | 35,001 | 94,860 | -42,818 | 26,651 | -3,604 | 535 | 21,918 |
| 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 | 463,021 | 259,321 | 353,556 | 336,847 | 458,944 | 366,430 | 51,222 |
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 42,302 | -20,341 | -17,328 | 43,893 | -28,238 | 27,117 | 11,010 |
| overdraft | |||||||
| change in cash | 42,302 | -20,341 | -17,328 | 43,893 | -28,238 | 27,117 | 11,010 |
qlaimstech ltd Credit Report and Business Information
Qlaimstech Ltd Competitor Analysis
Perform a competitor analysis for qlaimstech ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.
qlaimstech ltd Ownership
QLAIMSTECH LTD group structure
Qlaimstech Ltd has no subsidiary companies.
qlaimstech ltd directors
Qlaimstech Ltd currently has 6 directors. The longest serving directors include Mr Simon Cooter (Sep 2021) and Miss Elizabeth Latter (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Cooter | England | 61 years | Sep 2021 | - | Director |
| Miss Elizabeth Latter | England | 55 years | Sep 2021 | - | Director |
| Mr David Williams | England | 63 years | Jun 2022 | - | Director |
| Mr Simon Fenwick | England | 48 years | May 2023 | - | Director |
| Mr Stuart Reid | England | 59 years | Sep 2023 | - | Director |
| Mr Matthew Clark | United Kingdom | 48 years | Oct 2024 | - | Director |
P&L
March 2024turnover
614.2k
+27%
operating profit
-383.8k
0%
gross margin
48.4%
-1.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-2.1m
+0.22%
total assets
340.4k
+0.51%
cash
58.4k
+2.63%
net assets
Total assets minus all liabilities
Similar Companies
qlaimstech ltd company details
company number
10671015
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
ASHTON ALLSOP
auditor
-
address
level 30, the leadenhall building, london, EC3V 4AB
Bank
-
Legal Advisor
-
qlaimstech 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 qlaimstech ltd.
qlaimstech 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 QLAIMSTECH LTD. This can take several minutes, an email will notify you when this has completed.
qlaimstech ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
