qualitek occupational health limited
qualitek occupational health limited Company Information
Company Number
10756763
Next Accounts
Feb 2026
Shareholders
stephen ross
ethel mary ross
Group Structure
View All
Industry
Other human health activities
Registered Address
rwco valley house, kingsway south, tvte, gateshead, NE11 0JW
Website
www.qualiteksafety.co.ukqualitek occupational health limited Estimated Valuation
Pomanda estimates the enterprise value of QUALITEK OCCUPATIONAL HEALTH LIMITED at £134.7k based on a Turnover of £241.6k and 0.56x industry multiple (adjusted for size and gross margin).
qualitek occupational health limited Estimated Valuation
Pomanda estimates the enterprise value of QUALITEK OCCUPATIONAL HEALTH LIMITED at £0 based on an EBITDA of £-1.7k and a 4.24x industry multiple (adjusted for size and gross margin).
qualitek occupational health limited Estimated Valuation
Pomanda estimates the enterprise value of QUALITEK OCCUPATIONAL HEALTH LIMITED at £81.2k based on Net Assets of £32.6k and 2.49x industry multiple (adjusted for liquidity).
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Qualitek Occupational Health Limited Overview
Qualitek Occupational Health Limited is a live company located in gateshead, NE11 0JW with a Companies House number of 10756763. It operates in the other human health activities sector, SIC Code 86900. Founded in May 2017, it's largest shareholder is stephen ross with a 50% stake. Qualitek Occupational Health Limited is a young, micro sized company, Pomanda has estimated its turnover at £241.6k with high growth in recent years.
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Qualitek Occupational Health Limited Health Check
Pomanda's financial health check has awarded Qualitek Occupational Health Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £241.6k, make it smaller than the average company (£682.6k)
- Qualitek Occupational Health Limited
£682.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (8.1%)
- Qualitek Occupational Health Limited
8.1% - Industry AVG
Production
with a gross margin of 38.6%, this company has a comparable cost of product (38.6%)
- Qualitek Occupational Health Limited
38.6% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (5.4%)
- Qualitek Occupational Health Limited
5.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (17)
3 - Qualitek Occupational Health Limited
17 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£27.5k)
- Qualitek Occupational Health Limited
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £80.5k, this is more efficient (£49.1k)
- Qualitek Occupational Health Limited
£49.1k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is later than average (20 days)
- Qualitek Occupational Health Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is slower than average (16 days)
- Qualitek Occupational Health Limited
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Qualitek Occupational Health Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 69 weeks, this is less cash available to meet short term requirements (111 weeks)
69 weeks - Qualitek Occupational Health Limited
111 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.4%, this is a higher level of debt than the average (24.7%)
33.4% - Qualitek Occupational Health Limited
24.7% - Industry AVG
QUALITEK OCCUPATIONAL HEALTH LIMITED financials
Qualitek Occupational Health Limited's latest turnover from May 2024 is estimated at £241.6 thousand and the company has net assets of £32.6 thousand. According to their latest financial statements, Qualitek Occupational Health Limited has 3 employees and maintains cash reserves of £21.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 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 | 3 | 3 | 3 | 1 | 1 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,304 | 2,797 | 4,500 | 5,153 | 6,697 | 10,925 | 12,805 |
| Intangible Assets | 1,500 | 2,000 | 2,500 | 3,000 | 3,500 | 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 | 3,804 | 4,797 | 7,000 | 8,153 | 10,197 | 10,925 | 12,805 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 23,230 | 19,299 | 32,034 | 12,320 | 4,920 | 24,350 | 3,766 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 21,893 | 36,682 | 23,065 | 16,976 | 22,129 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 45,123 | 55,981 | 55,099 | 29,296 | 27,049 | 24,350 | 3,766 |
| total assets | 48,927 | 60,778 | 62,099 | 37,449 | 37,246 | 35,275 | 16,571 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,358 | 25,851 | 34,238 | 16,663 | 15,306 | 12,221 | 7,017 |
| 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 | 16,358 | 25,851 | 34,238 | 16,663 | 15,306 | 12,221 | 7,017 |
| 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 | 16,358 | 25,851 | 34,238 | 16,663 | 15,306 | 12,221 | 7,017 |
| net assets | 32,569 | 34,927 | 27,861 | 20,786 | 21,940 | 23,054 | 9,554 |
| total shareholders funds | 32,569 | 34,927 | 27,861 | 20,786 | 21,940 | 23,054 | 9,554 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 1,703 | 1,703 | 1,768 | 0 | 0 | ||
| Amortisation | 500 | 500 | 500 | 0 | 0 | ||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,931 | -12,735 | 19,714 | 7,400 | -19,430 | 20,584 | 3,766 |
| Creditors | -9,493 | -8,387 | 17,575 | 1,357 | 3,085 | 5,204 | 7,017 |
| 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 | -14,789 | 13,617 | 6,089 | -5,153 | 22,129 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -14,789 | 13,617 | 6,089 | -5,153 | 22,129 | 0 | 0 |
qualitek occupational health limited Credit Report and Business Information
Qualitek Occupational Health Limited Competitor Analysis
Perform a competitor analysis for qualitek occupational health limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in NE11 area or any other competitors across 12 key performance metrics.
qualitek occupational health limited Ownership
QUALITEK OCCUPATIONAL HEALTH LIMITED group structure
Qualitek Occupational Health Limited has no subsidiary companies.
Ultimate parent company
QUALITEK OCCUPATIONAL HEALTH LIMITED
10756763
qualitek occupational health limited directors
Qualitek Occupational Health Limited currently has 2 directors. The longest serving directors include Dr Stephen Ross (May 2017) and Mrs Ethel Ross (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Stephen Ross | England | 59 years | May 2017 | - | Director |
| Mrs Ethel Ross | England | 64 years | May 2017 | - | Director |
P&L
May 2024turnover
241.6k
+11%
operating profit
-3.9k
0%
gross margin
38.6%
-0.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
32.6k
-0.07%
total assets
48.9k
-0.19%
cash
21.9k
-0.4%
net assets
Total assets minus all liabilities
qualitek occupational health limited company details
company number
10756763
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
rwco valley house, kingsway south, tvte, gateshead, NE11 0JW
Bank
-
Legal Advisor
-
qualitek occupational health 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 qualitek occupational health limited.
qualitek occupational health limited 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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qualitek occupational health limited Companies House Filings - See Documents
| date | description | view/download |
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