Pomanda estimates the enterprise value of QIC DIRECT LIMITED at £135.2k based on a Turnover of £419k and 0.32x industry multiple (adjusted for size and gross margin).
qic direct limitedEstimated Valuation
£475.9k
Pomanda estimates the enterprise value of QIC DIRECT LIMITED at £475.9k based on an EBITDA of £148.7k and a 3.2x industry multiple (adjusted for size and gross margin).
qic direct limitedEstimated Valuation
£418.8k
Pomanda estimates the enterprise value of QIC DIRECT LIMITED at £418.8k based on Net Assets of £211.5k and 1.98x industry multiple (adjusted for liquidity).
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Qic Direct LimitedOverview
Qic Direct Limited is a live company located in buckingham, MK18 4BL with a Companies House number of 10829605. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in June 2017, it's largest shareholder is
silvanito holdings limited
with a 100% stake. Qic Direct Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£419k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Qic Direct Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £419k, make it smaller than the average company (£17.4m)
£419k - Qic Direct Limited
£17.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Qic Direct Limited
- - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
26.6% - Qic Direct Limited
26.6% - Industry AVG
Profitability
an operating margin of 35.1% make it more profitable than the average company (6.9%)
35.1% - Qic Direct Limited
6.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (35)
2 - Qic Direct Limited
35 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
£44.5k - Qic Direct Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £209.5k, this is less efficient (£399.5k)
£209.5k - Qic Direct Limited
£399.5k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (55 days)
21 days - Qic Direct Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (26 days)
48 days - Qic Direct Limited
26 days - Industry AVG
Stock Days
it holds stock equivalent to 152 days, this is more than average (71 days)
152 days - Qic Direct Limited
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 25 weeks, this is more cash available to meet short term requirements (18 weeks)
25 weeks - Qic Direct Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.9%, this is a similar level of debt than the average (42.9%)
46.9% - Qic Direct Limited
42.9% - Industry AVG
QIC DIRECT LIMITED financials
EXPORT
Qic Direct Limited's latest turnover from February 2024 is estimated at £419 thousand and the company has net assets of £211.5 thousand. According to their latest financial statements, Qic Direct Limited has 2 employees and maintains cash reserves of £92.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Jun 2020
Jun 2019
Jun 2018
Turnover
418,959
321,287
93,875
Other Income Or Grants
Cost Of Sales
307,422
241,425
70,959
Gross Profit
111,537
79,863
22,916
Admin Expenses
-35,695
-26,595
10,143
Operating Profit
147,232
106,458
12,773
Interest Payable
Interest Receivable
3,339
1,165
59
Pre-Tax Profit
150,571
107,623
12,832
Tax
-37,643
-20,448
-2,438
Profit After Tax
112,928
87,175
10,394
Dividends Paid
Retained Profit
112,928
87,175
10,394
Employee Costs
88,999
88,752
43,540
Number Of Employees
2
2
1
EBITDA*
148,688
107,859
13,007
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Jun 2020
Jun 2019
Jun 2018
Tangible Assets
Intangible Assets
4,189
5,645
3,266
Investments & Other
1,000
1,000
1,000
Debtors (Due After 1 year)
Total Fixed Assets
4,189
5,645
3,266
1,000
1,000
1,000
Stock & work in progress
128,238
96,836
73,321
Trade Debtors
24,480
23,315
185
Group Debtors
148,805
137,108
12,000
Misc Debtors
181
118
1,000
Cash
92,637
34,556
23,693
misc current assets
total current assets
394,341
291,933
110,199
total assets
398,530
297,578
113,465
1,000
1,000
1,000
Bank overdraft
Bank loan
Trade Creditors
40,768
9,729
4,269
Group/Directors Accounts
131,965
149,172
94,012
other short term finances
hp & lease commitments
other current liabilities
13,253
38,500
2,973
total current liabilities
185,986
197,401
101,254
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,047
1,608
817
total long term liabilities
1,047
1,608
817
total liabilities
187,033
199,009
102,071
net assets
211,497
98,569
11,394
1,000
1,000
1,000
total shareholders funds
211,497
98,569
11,394
1,000
1,000
1,000
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Jun 2020
Jun 2019
Jun 2018
Operating Activities
Operating Profit
147,232
106,458
12,773
Depreciation
Amortisation
1,456
1,401
234
Tax
-37,643
-20,448
-2,438
Stock
31,402
23,515
73,321
Debtors
12,925
147,356
13,185
Creditors
31,039
5,460
4,269
Accruals and Deferred Income
-25,247
35,527
2,973
Deferred Taxes & Provisions
-561
791
817
Cash flow from operations
71,949
-41,682
-67,878
Investing Activities
capital expenditure
-3,780
-3,500
Change in Investments
-1,000
1,000
cash flow from investments
-3,780
-2,500
-1,000
Financing Activities
Bank loans
Group/Directors Accounts
-17,207
55,160
94,012
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,000
interest
3,339
1,165
59
cash flow from financing
-13,868
56,325
94,071
1,000
cash and cash equivalents
cash
58,081
10,863
23,693
overdraft
change in cash
58,081
10,863
23,693
qic direct limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for qic direct limited. Get real-time insights into qic direct limited's credit score, group structure and payment trends.
Perform a competitor analysis for qic direct limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in MK18 area or any other competitors across 12 key performance metrics.
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.
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qic direct limited Capital Raised & Share Issues BETA
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qic direct limitedCompanies House Filings - See Documents
