quantum search solutions limited
quantum search solutions limited Company Information
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
the colmore building, 20 colmore circus queensway, birmingham, west midlands, B4 6AT
Website
-quantum search solutions limited Estimated Valuation
Pomanda estimates the enterprise value of QUANTUM SEARCH SOLUTIONS LIMITED at £202.7k based on a Turnover of £1.6m and 0.13x industry multiple (adjusted for size and gross margin).
quantum search solutions limited Estimated Valuation
Pomanda estimates the enterprise value of QUANTUM SEARCH SOLUTIONS LIMITED at £230.6k based on an EBITDA of £103.7k and a 2.22x industry multiple (adjusted for size and gross margin).
quantum search solutions limited Estimated Valuation
Pomanda estimates the enterprise value of QUANTUM SEARCH SOLUTIONS LIMITED at £535.6k based on Net Assets of £419.1k and 1.28x industry multiple (adjusted for liquidity).
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Quantum Search Solutions Limited Overview
Quantum Search Solutions Limited is a live company located in birmingham, B4 6AT with a Companies House number of 11388048. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in May 2018, it's largest shareholder is joe peter waugh with a 100% stake. Quantum Search Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £1.6m with rapid growth in recent years.
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Quantum Search Solutions Limited Health Check
Pomanda's financial health check has awarded Quantum Search Solutions Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£8.5m)
- Quantum Search Solutions Limited
£8.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 115%, show it is growing at a faster rate (9.7%)
- Quantum Search Solutions Limited
9.7% - Industry AVG
Production
with a gross margin of 13%, this company has a higher cost of product (23.2%)
- Quantum Search Solutions Limited
23.2% - Industry AVG
Profitability
an operating margin of 6.4% make it more profitable than the average company (2.7%)
- Quantum Search Solutions Limited
2.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (45)
1 - Quantum Search Solutions Limited
45 - Industry AVG
Pay Structure
on an average salary of £51.6k, the company has an equivalent pay structure (£51.6k)
- Quantum Search Solutions Limited
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£152.8k)
- Quantum Search Solutions Limited
£152.8k - Industry AVG
Debtor Days
it gets paid by customers after 105 days, this is later than average (41 days)
- Quantum Search Solutions Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is slower than average (9 days)
- Quantum Search Solutions Limited
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Quantum Search Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Quantum Search Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.7%, this is a lower level of debt than the average (66.3%)
10.7% - Quantum Search Solutions Limited
66.3% - Industry AVG
QUANTUM SEARCH SOLUTIONS LIMITED financials
Quantum Search Solutions Limited's latest turnover from May 2024 is estimated at £1.6 million and the company has net assets of £419.1 thousand. According to their latest financial statements, Quantum Search Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|---|
| 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 | 1 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 663 | 829 | 1,036 | 263 | 328 | |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 663 | 829 | 1,036 | 263 | 328 | |
| Stock & work in progress | ||||||
| Trade Debtors | 468,676 | 419,811 | 311,899 | 24,552 | ||
| Group Debtors | ||||||
| Misc Debtors | 1,902 | |||||
| Cash | 92,823 | 93,494 | 53,412 | |||
| misc current assets | 1,912 | |||||
| total current assets | 468,676 | 419,811 | 311,899 | 117,375 | 95,396 | 55,324 |
| total assets | 469,339 | 420,640 | 312,935 | 117,638 | 95,724 | 55,324 |
| Bank overdraft | 50,000 | |||||
| Bank loan | ||||||
| Trade Creditors | 50,276 | 79,365 | 66,708 | 28,254 | 91 | 1,139 |
| Group/Directors Accounts | 2,669 | 10,540 | ||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 9,681 | 14,576 | ||||
| total current liabilities | 50,276 | 79,365 | 66,708 | 28,254 | 62,441 | 26,255 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 50,276 | 79,365 | 66,708 | 28,254 | 62,441 | 26,255 |
| net assets | 419,063 | 341,275 | 246,227 | 89,384 | 33,283 | 29,069 |
| total shareholders funds | 419,063 | 341,275 | 246,227 | 89,384 | 33,283 | 29,069 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 65 | 38 | ||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 48,865 | 107,912 | 287,347 | 22,650 | 1,902 | |
| Creditors | -29,089 | 12,657 | 38,454 | 28,163 | -1,048 | 1,139 |
| Accruals and Deferred Income | -9,681 | -4,895 | 14,576 | |||
| 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 | -2,669 | -7,871 | 10,540 | |||
| 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 | -92,823 | -671 | 40,082 | 53,412 | ||
| overdraft | -50,000 | 50,000 | ||||
| change in cash | -92,823 | 49,329 | -9,918 | 53,412 |
quantum search solutions limited Credit Report and Business Information
Quantum Search Solutions Limited Competitor Analysis
Perform a competitor analysis for quantum search solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in B 4 area or any other competitors across 12 key performance metrics.
quantum search solutions limited Ownership
QUANTUM SEARCH SOLUTIONS LIMITED group structure
Quantum Search Solutions Limited has no subsidiary companies.
Ultimate parent company
QUANTUM SEARCH SOLUTIONS LIMITED
11388048
quantum search solutions limited directors
Quantum Search Solutions Limited currently has 1 director, Mr Joe Waugh serving since May 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joe Waugh | England | 35 years | May 2018 | - | Director |
P&L
May 2024turnover
1.6m
+15%
operating profit
103.7k
0%
gross margin
13%
-5.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
419.1k
+0.23%
total assets
469.3k
+0.12%
cash
0
0%
net assets
Total assets minus all liabilities
quantum search solutions limited company details
company number
11388048
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
the colmore building, 20 colmore circus queensway, birmingham, west midlands, B4 6AT
Bank
-
Legal Advisor
-
quantum search solutions 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 quantum search solutions limited.
quantum search solutions 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.
Click to start generating capital raising & share issue transactions for QUANTUM SEARCH SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
quantum search solutions limited Companies House Filings - See Documents
| date | description | view/download |
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