q lab ltd
q lab ltd Company Information
Company Number
12356968
Next Accounts
Sep 2025
Industry
Dental practice activities
Directors
Shareholders
corus dent uk limited
Group Structure
View All
Contact
Registered Address
first floor 1 des roches square, witan way, witney, oxfordshire, OX28 4BE
Website
-q lab ltd Estimated Valuation
Pomanda estimates the enterprise value of Q LAB LTD at £1.5m based on a Turnover of £2.2m and 0.7x industry multiple (adjusted for size and gross margin).
q lab ltd Estimated Valuation
Pomanda estimates the enterprise value of Q LAB LTD at £742.4k based on an EBITDA of £179.3k and a 4.14x industry multiple (adjusted for size and gross margin).
q lab ltd Estimated Valuation
Pomanda estimates the enterprise value of Q LAB LTD at £1.1m based on Net Assets of £367.2k and 3.03x industry multiple (adjusted for liquidity).
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Q Lab Ltd Overview
Q Lab Ltd is a live company located in witney, OX28 4BE with a Companies House number of 12356968. It operates in the dental practice activities sector, SIC Code 86230. Founded in December 2019, it's largest shareholder is corus dent uk limited with a 100% stake. Q Lab Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.2m with rapid growth in recent years.
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Q Lab Ltd Health Check
Pomanda's financial health check has awarded Q Lab Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £2.2m, make it larger than the average company (£1.1m)
- Q Lab Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (6.1%)
- Q Lab Ltd
6.1% - Industry AVG
Production
with a gross margin of 47.4%, this company has a comparable cost of product (47.4%)
- Q Lab Ltd
47.4% - Industry AVG
Profitability
an operating margin of 6.1% make it as profitable than the average company (6.7%)
- Q Lab Ltd
6.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (11)
5 - Q Lab Ltd
11 - Industry AVG
Pay Structure
on an average salary of £22.1k, the company has an equivalent pay structure (£22.1k)
- Q Lab Ltd
£22.1k - Industry AVG
Efficiency
resulting in sales per employee of £435k, this is more efficient (£94.8k)
- Q Lab Ltd
£94.8k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is later than average (7 days)
- Q Lab Ltd
7 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (27 days)
- Q Lab Ltd
27 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is in line with average (12 days)
- Q Lab Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is more cash available to meet short term requirements (1 weeks)
2 weeks - Q Lab Ltd
1 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.2%, this is a lower level of debt than the average (63.1%)
43.2% - Q Lab Ltd
63.1% - Industry AVG
Q LAB LTD financials
Q Lab Ltd's latest turnover from December 2023 is estimated at £2.2 million and the company has net assets of £367.2 thousand. According to their latest financial statements, Q Lab Ltd has 5 employees and maintains cash reserves of £10.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| 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 | 5 | 5 | 5 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 193,515 | 185,239 | 182,664 | 165,935 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 15,750 | 15,750 | 0 | 0 |
| Total Fixed Assets | 209,265 | 200,989 | 182,664 | 165,935 |
| Stock & work in progress | 41,140 | 4,140 | 6,540 | 3,500 |
| Trade Debtors | 146,626 | 115,733 | 84,036 | 43,521 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 238,935 | 49,169 | 169 | 15,919 |
| Cash | 10,214 | 98,900 | 7,175 | 4,892 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 436,915 | 267,942 | 97,920 | 67,832 |
| total assets | 646,180 | 468,931 | 280,584 | 233,767 |
| Bank overdraft | 0 | 0 | 27,113 | 0 |
| Bank loan | 9,928 | 11,911 | 0 | 0 |
| Trade Creditors | 49,777 | 58,494 | 36,226 | 28,328 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 28,141 | 29,928 |
| other current liabilities | 130,796 | 66,578 | 6,511 | 7,201 |
| total current liabilities | 190,501 | 136,983 | 97,991 | 65,457 |
| loans | 9,407 | 23,380 | 34,836 | 50,000 |
| hp & lease commitments | 0 | 0 | 34,286 | 38,286 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 30,657 | 40,257 | 0 | 60,000 |
| provisions | 48,379 | 0 | 0 | 0 |
| total long term liabilities | 88,443 | 63,637 | 69,122 | 148,286 |
| total liabilities | 278,944 | 200,620 | 167,113 | 213,743 |
| net assets | 367,236 | 268,311 | 113,471 | 20,024 |
| total shareholders funds | 367,236 | 268,311 | 113,471 | 20,024 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 47,221 | 29,628 | 18,840 | |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 37,000 | -2,400 | 3,040 | 3,500 |
| Debtors | 220,659 | 96,447 | 24,765 | 59,440 |
| Creditors | -8,717 | 22,268 | 7,898 | 28,328 |
| Accruals and Deferred Income | 64,218 | 60,067 | -690 | 7,201 |
| Deferred Taxes & Provisions | 48,379 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | -1,983 | 11,911 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -13,973 | -11,456 | -15,164 | 50,000 |
| Hire Purchase and Lease Commitments | 0 | -62,427 | -5,787 | 68,214 |
| other long term liabilities | -9,600 | 40,257 | -60,000 | 60,000 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -88,686 | 91,725 | 2,283 | 4,892 |
| overdraft | 0 | -27,113 | 27,113 | 0 |
| change in cash | -88,686 | 118,838 | -24,830 | 4,892 |
q lab ltd Credit Report and Business Information
Q Lab Ltd Competitor Analysis
Perform a competitor analysis for q lab ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in OX28 area or any other competitors across 12 key performance metrics.
q lab ltd Ownership
Q LAB LTD group structure
Q Lab Ltd has no subsidiary companies.
Ultimate parent company
CORUS EUROPE BV
#0163902
2 parents
Q LAB LTD
12356968
q lab ltd directors
Q Lab Ltd currently has 1 director, Mr Nicolas Bonnard serving since Dec 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicolas Bonnard | United Kingdom | 41 years | Dec 2023 | - | Director |
P&L
December 2023turnover
2.2m
+50%
operating profit
132.1k
0%
gross margin
47.5%
+1.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
367.2k
+0.37%
total assets
646.2k
+0.38%
cash
10.2k
-0.9%
net assets
Total assets minus all liabilities
q lab ltd company details
company number
12356968
Type
Private limited with Share Capital
industry
86230 - Dental practice activities
incorporation date
December 2019
age
6
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
aa premier dental laboratory ltd (April 2020)
accountant
DSA PROSPECT AUDIT LIMITED
auditor
-
address
first floor 1 des roches square, witan way, witney, oxfordshire, OX28 4BE
Bank
-
Legal Advisor
-
q lab ltd 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 q lab ltd.
q lab ltd 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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q lab ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
