cqm first ltd
cqm first ltd Company Information
Group Structure
View All
Industry
Take away food shops and mobile food stands
Registered Address
9 hind close, chigwell, IG7 4EA
Website
-cqm first ltd Estimated Valuation
Pomanda estimates the enterprise value of CQM FIRST LTD at £250.4k based on a Turnover of £339.1k and 0.74x industry multiple (adjusted for size and gross margin).
cqm first ltd Estimated Valuation
Pomanda estimates the enterprise value of CQM FIRST LTD at £149.9k based on an EBITDA of £34.5k and a 4.34x industry multiple (adjusted for size and gross margin).
cqm first ltd Estimated Valuation
Pomanda estimates the enterprise value of CQM FIRST LTD at £0 based on Net Assets of £-30.4k and 2.65x industry multiple (adjusted for liquidity).
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Cqm First Ltd Overview
Cqm First Ltd is a live company located in chigwell, IG7 4EA with a Companies House number of 10711212. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in April 2017, it's largest shareholder is kamran saeed with a 100% stake. Cqm First Ltd is a young, micro sized company, Pomanda has estimated its turnover at £339.1k with rapid growth in recent years.
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Cqm First Ltd Health Check
Pomanda's financial health check has awarded Cqm First Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £339.1k, make it larger than the average company (£141.6k)
- Cqm First Ltd
£141.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (8.5%)
- Cqm First Ltd
8.5% - Industry AVG
Production
with a gross margin of 50.2%, this company has a comparable cost of product (50.2%)
- Cqm First Ltd
50.2% - Industry AVG
Profitability
an operating margin of 6.7% make it more profitable than the average company (2.3%)
- Cqm First Ltd
2.3% - Industry AVG
Employees
with 13 employees, this is above the industry average (4)
13 - Cqm First Ltd
4 - Industry AVG
Pay Structure
on an average salary of £11.3k, the company has an equivalent pay structure (£11.3k)
- Cqm First Ltd
£11.3k - Industry AVG
Efficiency
resulting in sales per employee of £26.1k, this is less efficient (£40k)
- Cqm First Ltd
£40k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (20 days)
- Cqm First Ltd
20 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (20 days)
- Cqm First Ltd
20 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is more than average (4 days)
- Cqm First Ltd
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (20 weeks)
4 weeks - Cqm First Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.9%, this is a higher level of debt than the average (83.7%)
111.9% - Cqm First Ltd
83.7% - Industry AVG
CQM FIRST LTD financials
Cqm First Ltd's latest turnover from February 2024 is estimated at £339.1 thousand and the company has net assets of -£30.4 thousand. According to their latest financial statements, Cqm First Ltd has 13 employees and maintains cash reserves of £15.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 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 | 13 | 18 | 8 | 4 | 8 | 5 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 97,196 | 92,630 | 90,754 | 98,110 | 101,168 | 101,037 | 118,182 |
| Intangible Assets | 7,505 | 8,472 | 10,372 | 12,939 | 11,866 | 14,433 | 7,333 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 104,701 | 101,102 | 101,126 | 111,049 | 113,034 | 115,470 | 125,515 |
| Stock & work in progress | 3,520 | 3,450 | 2,450 | 2,130 | 4,952 | 4,587 | 3,455 |
| Trade Debtors | 9,069 | 6,087 | 5,476 | 567 | 3,586 | 0 | 0 |
| Group Debtors | 116,928 | 110,219 | 98,419 | 38,990 | 13,809 | 11,858 | 10,473 |
| Misc Debtors | 5,200 | 0 | 0 | 0 | 50,000 | 2,000 | 4,179 |
| Cash | 15,698 | 13,222 | 10,718 | 61,911 | 12,779 | 29,802 | 22,253 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 150,415 | 132,978 | 117,063 | 103,598 | 85,126 | 48,247 | 40,360 |
| total assets | 255,116 | 234,080 | 218,189 | 214,647 | 198,160 | 163,717 | 165,875 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 16,903 |
| Bank loan | 22,383 | 16,219 | 16,219 | 16,219 | 16,219 | 16,903 | 0 |
| Trade Creditors | 31,848 | 34,403 | 27,852 | 5,897 | 8,864 | 8,607 | 2,025 |
| Group/Directors Accounts | 104,614 | 79,997 | 61,320 | 59,189 | 79,104 | 25,238 | 3,972 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 18,707 | 23,325 | 9,170 | 23,037 | 6,334 | 10,852 | 22,469 |
| total current liabilities | 177,552 | 153,944 | 114,561 | 104,342 | 110,521 | 61,600 | 45,369 |
| loans | 34,818 | 62,403 | 83,697 | 104,005 | 70,223 | 86,214 | 103,117 |
| 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 | 73,159 | 60,055 | 48,993 | 39,723 | 30,288 | 20,803 | 11,320 |
| total long term liabilities | 107,977 | 122,458 | 132,690 | 143,728 | 100,511 | 107,017 | 114,437 |
| total liabilities | 285,529 | 276,402 | 247,251 | 248,070 | 211,032 | 168,617 | 159,806 |
| net assets | -30,413 | -42,322 | -29,062 | -33,423 | -12,872 | -4,900 | 6,069 |
| total shareholders funds | -30,413 | -42,322 | -29,062 | -33,423 | -12,872 | -4,900 | 6,069 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 10,799 | 10,292 | 10,083 | 10,901 | 11,240 | 11,226 | 7,234 |
| Amortisation | 967 | 1,900 | 2,567 | 2,567 | 2,567 | 2,567 | 667 |
| Tax | |||||||
| Stock | 70 | 1,000 | 320 | -2,822 | 365 | 1,132 | 3,455 |
| Debtors | 14,891 | 12,411 | 64,338 | -27,838 | 53,537 | -794 | 14,652 |
| Creditors | -2,555 | 6,551 | 21,955 | -2,967 | 257 | 6,582 | 2,025 |
| Accruals and Deferred Income | -4,618 | 14,155 | -13,867 | 16,703 | -4,518 | -11,617 | 22,469 |
| Deferred Taxes & Provisions | 13,104 | 11,062 | 9,270 | 9,435 | 9,485 | 9,483 | 11,320 |
| 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 | 6,164 | 0 | 0 | 0 | -684 | 16,903 | 0 |
| Group/Directors Accounts | 24,617 | 18,677 | 2,131 | -19,915 | 53,866 | 21,266 | 3,972 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -27,585 | -21,294 | -20,308 | 33,782 | -15,991 | -16,903 | 103,117 |
| 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 | 2,476 | 2,504 | -51,193 | 49,132 | -17,023 | 7,549 | 22,253 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -16,903 | 16,903 |
| change in cash | 2,476 | 2,504 | -51,193 | 49,132 | -17,023 | 24,452 | 5,350 |
cqm first ltd Credit Report and Business Information
Cqm First Ltd Competitor Analysis
Perform a competitor analysis for cqm first ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in IG7 area or any other competitors across 12 key performance metrics.
cqm first ltd Ownership
CQM FIRST LTD group structure
Cqm First Ltd has no subsidiary companies.
Ultimate parent company
CQM FIRST LTD
10711212
cqm first ltd directors
Cqm First Ltd currently has 1 director, Mr Kamran Saeed serving since Apr 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kamran Saeed | England | 50 years | Apr 2017 | - | Director |
P&L
February 2024turnover
339.1k
-17%
operating profit
22.8k
0%
gross margin
50.3%
-6.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-30.4k
-0.28%
total assets
255.1k
+0.09%
cash
15.7k
+0.19%
net assets
Total assets minus all liabilities
Similar Companies
cqm first ltd company details
company number
10711212
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
April 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
SILVER ARC
auditor
-
address
9 hind close, chigwell, IG7 4EA
Bank
-
Legal Advisor
-
cqm first 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 cqm first ltd.
cqm first 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.
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cqm first ltd Companies House Filings - See Documents
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