q care assist ltd

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q care assist ltd Company Information

Share Q CARE ASSIST LTD

Company Number

12879573

Shareholders

nasir quraishi

zarmeena quraishi

Group Structure

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Industry

Other human health activities

 

Registered Address

8 clarendon street, nottingham, NG1 5HQ

q care assist ltd Estimated Valuation

£265.4k

Pomanda estimates the enterprise value of Q CARE ASSIST LTD at £265.4k based on a Turnover of £528.8k and 0.5x industry multiple (adjusted for size and gross margin).

q care assist ltd Estimated Valuation

£336.6k

Pomanda estimates the enterprise value of Q CARE ASSIST LTD at £336.6k based on an EBITDA of £87k and a 3.87x industry multiple (adjusted for size and gross margin).

q care assist ltd Estimated Valuation

£97.7k

Pomanda estimates the enterprise value of Q CARE ASSIST LTD at £97.7k based on Net Assets of £41.6k and 2.35x industry multiple (adjusted for liquidity).

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Q Care Assist Ltd Overview

Q Care Assist Ltd is a live company located in nottingham, NG1 5HQ with a Companies House number of 12879573. It operates in the other human health activities sector, SIC Code 86900. Founded in September 2020, it's largest shareholder is nasir quraishi with a 50% stake. Q Care Assist Ltd is a young, small sized company, Pomanda has estimated its turnover at £528.8k with unknown growth in recent years.

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Q Care Assist Ltd Health Check

Pomanda's financial health check has awarded Q Care Assist Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £528.8k, make it smaller than the average company (£663.2k)

£528.8k - Q Care Assist Ltd

£663.2k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Q Care Assist Ltd

- - Industry AVG

production

Production

with a gross margin of 38.3%, this company has a comparable cost of product (38.3%)

38.3% - Q Care Assist Ltd

38.3% - Industry AVG

profitability

Profitability

an operating margin of 16.4% make it more profitable than the average company (5.6%)

16.4% - Q Care Assist Ltd

5.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (17)

1 - Q Care Assist Ltd

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £228.4k, the company has a higher pay structure (£25.9k)

£228.4k - Q Care Assist Ltd

£25.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £528.8k, this is more efficient (£48k)

£528.8k - Q Care Assist Ltd

£48k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Q Care Assist Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Q Care Assist Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Q Care Assist Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 149 weeks, this is more cash available to meet short term requirements (111 weeks)

149 weeks - Q Care Assist Ltd

111 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 33.3%, this is a higher level of debt than the average (26.6%)

33.3% - Q Care Assist Ltd

26.6% - Industry AVG

Q CARE ASSIST LTD financials

EXPORTms excel logo

Q Care Assist Ltd's latest turnover from September 2023 is £528.8 thousand and the company has net assets of £41.6 thousand. According to their latest financial statements, Q Care Assist Ltd has 1 employee and maintains cash reserves of £59.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021
Turnover528,83999,33678,312
Other Income Or Grants
Cost Of Sales326,17962,21151,829
Gross Profit202,66037,12526,483
Admin Expenses116,11747,05635,649
Operating Profit86,543-9,931-9,166
Interest Payable
Interest Receivable
Pre-Tax Profit86,543-9,931-9,166
Tax-12,855
Profit After Tax73,688-9,931-9,166
Dividends Paid13,000
Retained Profit60,688-9,931-9,166
Employee Costs228,44322,71946,833
Number Of Employees152
EBITDA*87,025-9,853-9,166

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021
Tangible Assets2,730445523
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,730445523
Stock & work in progress
Trade Debtors738
Group Debtors
Misc Debtors
Cash59,6432,494
misc current assets
total current assets59,6432,494738
total assets62,3732,9391,261
Bank overdraft
Bank loan
Trade Creditors 10,427
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities20,78222,036
total current liabilities20,78222,03610,427
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities20,78222,03610,427
net assets41,591-19,097-9,166
total shareholders funds41,591-19,097-9,166
Sep 2023Sep 2022Sep 2021
Operating Activities
Operating Profit86,543-9,931-9,166
Depreciation48278
Amortisation
Tax-12,855
Stock
Debtors-738738
Creditors-10,42710,427
Accruals and Deferred Income-1,25422,036
Deferred Taxes & Provisions
Cash flow from operations72,9162,494523
Investing Activities
capital expenditure-2,767-523
Change in Investments
cash flow from investments-2,767-523
Financing Activities
Bank loans
Group/Directors Accounts
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
cash57,1492,494
overdraft
change in cash57,1492,494

q care assist ltd 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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Q Care Assist Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for q care assist ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in NG1 area or any other competitors across 12 key performance metrics.

q care assist ltd Ownership

Q CARE ASSIST LTD group structure

Q Care Assist Ltd has no subsidiary companies.

Ultimate parent company

Q CARE ASSIST LTD

12879573

Q CARE ASSIST LTD Shareholders

nasir quraishi 50%
zarmeena quraishi 50%

q care assist ltd directors

Q Care Assist Ltd currently has 2 directors. The longest serving directors include Professor Nasir Quraishi (Sep 2020) and Mrs Zarmeena Quraishi (Sep 2020).

officercountryagestartendrole
Professor Nasir QuraishiUnited Kingdom52 years Sep 2020- Director
Mrs Zarmeena QuraishiEngland48 years Sep 2020- Director

P&L

September 2023

turnover

528.8k

+432%

operating profit

86.5k

-971%

gross margin

38.4%

+2.54%

turnover

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

Balance Sheet

September 2023

net assets

41.6k

-3.18%

total assets

62.4k

+20.22%

cash

59.6k

+22.91%

net assets

Total assets minus all liabilities

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q care assist ltd company details

company number

12879573

Type

Private limited with Share Capital

industry

86900 - Other human health activities

incorporation date

September 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

FLETCHER & CO

auditor

-

address

8 clarendon street, nottingham, NG1 5HQ

Bank

-

Legal Advisor

-

q care assist 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 care assist ltd.

q care assist 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 care assist ltd Companies House Filings - See Documents

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