queens limited

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queens limited Company Information

Share QUEENS LIMITED

Company Number

11233628

Directors

Jamie Gourlay

Mark Quail

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Shareholders

queens limited

jamie gourlay

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Group Structure

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Industry

Operation of warehousing and storage facilities for land transport activities of division 49

 +3

Registered Address

finchley park emmet hill lane, laddingford, maidstone, ME18 6BG

queens limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of QUEENS LIMITED at £2.2m based on a Turnover of £3.4m and 0.65x industry multiple (adjusted for size and gross margin).

queens limited Estimated Valuation

£0

Pomanda estimates the enterprise value of QUEENS LIMITED at £0 based on an EBITDA of £-212.3k and a 3.26x industry multiple (adjusted for size and gross margin).

queens limited Estimated Valuation

£0

Pomanda estimates the enterprise value of QUEENS LIMITED at £0 based on Net Assets of £-490.2k and 2.54x industry multiple (adjusted for liquidity).

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Queens Limited Overview

Queens Limited is a live company located in maidstone, ME18 6BG with a Companies House number of 11233628. It operates in the operation of warehousing and storage facilities for water transport activities sector, SIC Code 52101. Founded in March 2018, it's largest shareholder is queens limited with a 57.8% stake. Queens Limited is a young, small sized company, Pomanda has estimated its turnover at £3.4m with high growth in recent years.

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Queens Limited Health Check

Pomanda's financial health check has awarded Queens Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £3.4m, make it smaller than the average company (£20m)

£3.4m - Queens Limited

£20m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (4.8%)

15% - Queens Limited

4.8% - Industry AVG

production

Production

with a gross margin of 31%, this company has a comparable cost of product (31%)

31% - Queens Limited

31% - Industry AVG

profitability

Profitability

an operating margin of -8.3% make it less profitable than the average company (5.5%)

-8.3% - Queens Limited

5.5% - Industry AVG

employees

Employees

with 20 employees, this is below the industry average (56)

20 - Queens Limited

56 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.4k, the company has an equivalent pay structure (£41.4k)

£41.4k - Queens Limited

£41.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £168.4k, this is equally as efficient (£189.3k)

£168.4k - Queens Limited

£189.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 43 days, this is near the average (42 days)

43 days - Queens Limited

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 65 days, this is slower than average (37 days)

65 days - Queens Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Queens Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (19 weeks)

7 weeks - Queens Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 154.3%, this is a higher level of debt than the average (63.3%)

154.3% - Queens Limited

63.3% - Industry AVG

QUEENS LIMITED financials

EXPORTms excel logo

Queens Limited's latest turnover from March 2024 is estimated at £3.4 million and the company has net assets of -£490.2 thousand. According to their latest financial statements, Queens Limited has 20 employees and maintains cash reserves of £137.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover3,368,1943,439,2691,828,5672,188,6341,522,329927,603
Other Income Or Grants
Cost Of Sales2,323,4102,470,2911,332,9731,548,6441,054,680648,406
Gross Profit1,044,784968,978495,595639,990467,649279,197
Admin Expenses1,323,9611,090,383590,436847,895714,308444,679
Operating Profit-279,177-121,405-94,841-207,905-246,659-165,482
Interest Payable3,2096,7543,316
Interest Receivable8,8406,2574436655
Pre-Tax Profit-273,546-121,902-97,714-207,839-246,604-165,482
Tax
Profit After Tax-273,546-121,902-97,714-207,839-246,604-165,482
Dividends Paid
Retained Profit-273,546-121,902-97,714-207,839-246,604-165,482
Employee Costs828,342769,818500,45752,417313,281173,043
Number Of Employees2019131395
EBITDA*-212,267-61,838-43,474-155,121-246,659-165,482

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets77,74292,68235,83251,23377,96263,435
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets77,74292,68235,83251,23377,96263,435
Stock & work in progress
Trade Debtors402,256388,131205,832215,970136,71964,912
Group Debtors
Misc Debtors285,720221,42867,51628,00021,743
Cash137,821198,94395,50422,756109,549
misc current assets
total current assets825,797808,502368,852266,726268,01164,912
total assets903,539901,184404,684317,959345,973128,347
Bank overdraft
Bank loan10,11710,05510,050
Trade Creditors 414,604417,943204,122459,673330,636293,829
Group/Directors Accounts196,512
other short term finances54,688
hp & lease commitments11,87210,084
other current liabilities597,676280,891178,594
total current liabilities1,022,397720,761654,050459,673330,636293,829
loans13,40923,47233,526
hp & lease commitments11,872
Accruals and Deferred Income12,4444,548
other liabilities357,948373,61942,892
provisions
total long term liabilities371,357397,09145,39855,3364,548
total liabilities1,393,7541,117,852699,448515,009335,184293,829
net assets-490,215-216,668-294,764-197,05010,789-165,482
total shareholders funds-490,215-216,668-294,764-197,05010,789-165,482
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit-279,177-121,405-94,841-207,905-246,659-165,482
Depreciation66,91059,56751,36752,784
Amortisation
Tax
Stock
Debtors78,417336,21129,37885,50893,55064,912
Creditors-3,339213,821-255,551129,03736,807293,829
Accruals and Deferred Income316,785102,297166,1507,8964,548
Deferred Taxes & Provisions
Cash flow from operations22,762-81,931-162,253-103,696-298,85463,435
Investing Activities
capital expenditure-51,970-116,417-35,966-26,055-14,527-63,435
Change in Investments
cash flow from investments-51,970-116,417-35,966-26,055-14,527-63,435
Financing Activities
Bank loans62510,050
Group/Directors Accounts-196,512196,512
Other Short Term Loans -54,68854,688
Long term loans-10,063-10,05433,526
Hire Purchase and Lease Commitments-11,872-10,08421,956
other long term liabilities-15,671373,619-42,89242,892
share issue-1199,998422,875
interest5,631-497-2,8736655
cash flow from financing-31,914301,787270,96742,958422,930
cash and cash equivalents
cash-61,122103,43972,748-86,793109,549
overdraft
change in cash-61,122103,43972,748-86,793109,549

queens limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Queens Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for queens limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in ME18 area or any other competitors across 12 key performance metrics.

queens limited Ownership

QUEENS LIMITED group structure

Queens Limited has no subsidiary companies.

Ultimate parent company

QUEENS LIMITED

11233628

QUEENS LIMITED Shareholders

queens limited 57.79%
jamie gourlay 30.01%
william ramsay 7.9%
philip rebeiz-nielsen 1.7%
christopher jones 1.7%
thomas wood 0.91%

queens limited directors

Queens Limited currently has 4 directors. The longest serving directors include Mr Jamie Gourlay (Mar 2018) and Mr Mark Quail (Sep 2019).

officercountryagestartendrole
Mr Jamie GourlayUnited Kingdom37 years Mar 2018- Director
Mr Mark QuailEngland34 years Sep 2019- Director
Mr William RamsayUnited Kingdom56 years Mar 2020- Director
Mr William RamsayUnited Kingdom56 years Mar 2020- Director

P&L

March 2024

turnover

3.4m

-2%

operating profit

-279.2k

0%

gross margin

31.1%

+10.1%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-490.2k

+1.26%

total assets

903.5k

0%

cash

137.8k

-0.31%

net assets

Total assets minus all liabilities

queens limited company details

company number

11233628

Type

Private limited with Share Capital

industry

52103 - Operation of warehousing and storage facilities for land transport activities of division 49

52101 - Operation of warehousing and storage facilities for water transport activities of division 50

53202 - Unlicensed Carriers

incorporation date

March 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

VCS ACCOUNTANCY LTD

auditor

-

address

finchley park emmet hill lane, laddingford, maidstone, ME18 6BG

Bank

-

Legal Advisor

-

queens 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 queens limited.

queens 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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queens limited Companies House Filings - See Documents

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