quality imports & exports limited

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quality imports & exports limited Company Information

Share QUALITY IMPORTS & EXPORTS LIMITED

Company Number

11476734

Shareholders

tariq aziz

Group Structure

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Industry

Agents involved in the sale of a variety of goods

 

Registered Address

st james tower, 7 charlotte street, manchester, M1 4DZ

quality imports & exports limited Estimated Valuation

£38.7m

Pomanda estimates the enterprise value of QUALITY IMPORTS & EXPORTS LIMITED at £38.7m based on a Turnover of £52.4m and 0.74x industry multiple (adjusted for size and gross margin).

quality imports & exports limited Estimated Valuation

£103.3m

Pomanda estimates the enterprise value of QUALITY IMPORTS & EXPORTS LIMITED at £103.3m based on an EBITDA of £12.4m and a 8.36x industry multiple (adjusted for size and gross margin).

quality imports & exports limited Estimated Valuation

£27m

Pomanda estimates the enterprise value of QUALITY IMPORTS & EXPORTS LIMITED at £27m based on Net Assets of £16.2m and 1.67x industry multiple (adjusted for liquidity).

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Quality Imports & Exports Limited Overview

Quality Imports & Exports Limited is a live company located in manchester, M1 4DZ with a Companies House number of 11476734. It operates in the agents involved in the sale of a variety of goods sector, SIC Code 46190. Founded in July 2018, it's largest shareholder is tariq aziz with a 100% stake. Quality Imports & Exports Limited is a young, large sized company, Pomanda has estimated its turnover at £52.4m with rapid growth in recent years.

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Quality Imports & Exports Limited Health Check

Pomanda's financial health check has awarded Quality Imports & Exports Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £52.4m, make it larger than the average company (£2.9m)

£52.4m - Quality Imports & Exports Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 131%, show it is growing at a faster rate (12%)

131% - Quality Imports & Exports Limited

12% - Industry AVG

production

Production

with a gross margin of 28.4%, this company has a comparable cost of product (27.3%)

28.4% - Quality Imports & Exports Limited

27.3% - Industry AVG

profitability

Profitability

an operating margin of 19.1% make it more profitable than the average company (5.9%)

19.1% - Quality Imports & Exports Limited

5.9% - Industry AVG

employees

Employees

with 55 employees, this is above the industry average (13)

55 - Quality Imports & Exports Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.2k, the company has a lower pay structure (£39.3k)

£26.2k - Quality Imports & Exports Limited

£39.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £953.1k, this is more efficient (£284.3k)

£953.1k - Quality Imports & Exports Limited

£284.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 16 days, this is earlier than average (50 days)

16 days - Quality Imports & Exports Limited

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (26 days)

4 days - Quality Imports & Exports Limited

26 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 74 days, this is more than average (52 days)

74 days - Quality Imports & Exports Limited

52 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 26 weeks, this is average cash available to meet short term requirements (24 weeks)

26 weeks - Quality Imports & Exports Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.3%, this is a lower level of debt than the average (50.7%)

20.3% - Quality Imports & Exports Limited

50.7% - Industry AVG

QUALITY IMPORTS & EXPORTS LIMITED financials

EXPORTms excel logo

Quality Imports & Exports Limited's latest turnover from July 2024 is £52.4 million and the company has net assets of £16.2 million. According to their latest financial statements, Quality Imports & Exports Limited has 55 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019
Turnover52,417,92439,475,63122,614,3194,278,5752,573,2522,487,391
Other Income Or Grants
Cost Of Sales37,521,45826,261,88916,951,7742,995,0031,759,0271,641,173
Gross Profit14,896,46613,213,7425,662,5451,283,572814,225846,218
Admin Expenses4,873,9604,235,8382,961,053427,857277,117206,308
Operating Profit10,022,5068,977,9042,701,492855,715537,108639,910
Interest Payable201,547160,253176,485
Interest Receivable
Pre-Tax Profit9,820,9598,817,6512,525,007855,715537,108639,910
Tax-2,455,239-2,428,716-255,524-162,586-102,136-121,582
Profit After Tax7,365,7206,388,9352,269,483693,129434,972518,328
Dividends Paid
Retained Profit7,365,7206,388,9352,269,483693,129434,972518,328
Employee Costs1,442,8731,017,524882,803309,159182,191177,464
Number Of Employees554835854
EBITDA*12,359,15610,520,5353,490,193913,957589,576667,485

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019
Tangible Assets8,652,4587,341,2743,133,681861,610486,260131,073
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8,652,4587,341,2743,133,681861,610486,260131,073
Stock & work in progress7,654,8543,125,3131,193,588278,240187,393198,905
Trade Debtors2,352,9452,663,8171,557,563795,029502,874498,505
Group Debtors
Misc Debtors149,85296,978
Cash1,561,477737,023210,708258,871136,29350,434
misc current assets
total current assets11,719,1286,623,1312,961,8591,332,140826,560747,844
total assets20,371,58613,964,4056,095,5402,193,7501,312,820878,917
Bank overdraft200,000
Bank loan
Trade Creditors 473,3121,509,729616,777234,285256,933239,006
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities2,580,813600,360336,845162,586102,136121,582
total current liabilities3,054,1252,110,0891,153,622396,871359,069360,588
loans1,085,1451,283,6511,500,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions1,704,069164,257
total long term liabilities1,085,1452,987,7201,664,257
total liabilities4,139,2705,097,8092,817,879396,871359,069360,588
net assets16,232,3168,866,5963,277,6611,796,879953,751518,329
total shareholders funds16,232,3168,866,5963,277,6611,796,879953,751518,329
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019
Operating Activities
Operating Profit10,022,5068,977,9042,701,492855,715537,108639,910
Depreciation2,336,6501,542,631788,70158,24252,46827,575
Amortisation
Tax-2,455,239-2,428,716-255,524-162,586-102,136-121,582
Stock4,529,5411,931,725915,34890,847-11,512198,905
Debtors-257,9981,203,232762,534292,1554,369498,505
Creditors-1,036,417892,952382,492-22,64817,927239,006
Accruals and Deferred Income1,980,453263,515174,25960,450-19,446121,582
Deferred Taxes & Provisions-1,704,0691,539,812164,257
Cash flow from operations4,872,3417,653,1412,277,795406,171493,064209,081
Investing Activities
capital expenditure-3,647,834-5,750,224-3,060,772-433,592-407,655-158,648
Change in Investments
cash flow from investments-3,647,834-5,750,224-3,060,772-433,592-407,655-158,648
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-198,506-216,3491,500,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue-800,000-788,701149,9994501
interest-201,547-160,253-176,485
cash flow from financing-400,053-1,176,602534,814149,9994501
cash and cash equivalents
cash824,454526,315-48,163122,57885,85950,434
overdraft-200,000200,000
change in cash824,454726,315-248,163122,57885,85950,434

quality imports & exports 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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Quality Imports & Exports Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for quality imports & exports limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in M 1 area or any other competitors across 12 key performance metrics.

quality imports & exports limited Ownership

QUALITY IMPORTS & EXPORTS LIMITED group structure

Quality Imports & Exports Limited has no subsidiary companies.

Ultimate parent company

QUALITY IMPORTS & EXPORTS LIMITED

11476734

QUALITY IMPORTS & EXPORTS LIMITED Shareholders

tariq aziz 100%

quality imports & exports limited directors

Quality Imports & Exports Limited currently has 2 directors. The longest serving directors include Mr Besnik Shala (Sep 2023) and Mr Tariq Aziz (Feb 2024).

officercountryagestartendrole
Mr Besnik ShalaEngland47 years Sep 2023- Director
Mr Tariq AzizEngland55 years Feb 2024- Director

P&L

July 2024

turnover

52.4m

+33%

operating profit

10m

+12%

gross margin

28.5%

-15.1%

turnover

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

Balance Sheet

July 2024

net assets

16.2m

+0.83%

total assets

20.4m

+0.46%

cash

1.6m

+1.12%

net assets

Total assets minus all liabilities

quality imports & exports limited company details

company number

11476734

Type

Private limited with Share Capital

industry

46190 - Agents involved in the sale of a variety of goods

incorporation date

July 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

July 2024

previous names

jmc worldwide limited (April 2024)

accountant

-

auditor

KPMG LLP

address

st james tower, 7 charlotte street, manchester, M1 4DZ

Bank

-

Legal Advisor

-

quality imports & exports 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 quality imports & exports limited.

quality imports & exports 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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quality imports & exports limited Companies House Filings - See Documents

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