qbh (herne bay) ltd
qbh (herne bay) ltd Company Information
Company Number
13118473
Next Accounts
14 days late
Industry
Buying and selling of own real estate
Development of building projects
Directors
Shareholders
queensbridge group holdings ltd
Group Structure
View All
Contact
Registered Address
northern accountants, olympus ho, 2 howley park business village, morley, leeds, LS27 0BZ
Website
-qbh (herne bay) ltd Estimated Valuation
Pomanda estimates the enterprise value of QBH (HERNE BAY) LTD at £4.4m based on a Turnover of £3.4m and 1.29x industry multiple (adjusted for size and gross margin).
qbh (herne bay) ltd Estimated Valuation
Pomanda estimates the enterprise value of QBH (HERNE BAY) LTD at £0 based on an EBITDA of £-401.2k and a 3.64x industry multiple (adjusted for size and gross margin).
qbh (herne bay) ltd Estimated Valuation
Pomanda estimates the enterprise value of QBH (HERNE BAY) LTD at £0 based on Net Assets of £-467.6k and 1.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Qbh (herne Bay) Ltd Overview
Qbh (herne Bay) Ltd is a live company located in morley, LS27 0BZ with a Companies House number of 13118473. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2021, it's largest shareholder is queensbridge group holdings ltd with a 100% stake. Qbh (herne Bay) Ltd is a startup, small sized company, Pomanda has estimated its turnover at £3.4m with unknown growth in recent years.
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Qbh (herne Bay) Ltd Health Check
Pomanda's financial health check has awarded Qbh (Herne Bay) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £3.4m, make it larger than the average company (£1.5m)
- Qbh (herne Bay) Ltd
£1.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Qbh (herne Bay) Ltd
- - Industry AVG
Production
with a gross margin of 18.1%, this company has a higher cost of product (47.5%)
- Qbh (herne Bay) Ltd
47.5% - Industry AVG
Profitability
an operating margin of -11.9% make it less profitable than the average company (19.4%)
- Qbh (herne Bay) Ltd
19.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Qbh (herne Bay) Ltd
5 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Qbh (herne Bay) Ltd
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £3.4m, this is more efficient (£235.4k)
- Qbh (herne Bay) Ltd
£235.4k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (27 days)
- Qbh (herne Bay) Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 404 days, this is slower than average (31 days)
- Qbh (herne Bay) Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 223 days, this is less than average (298 days)
- Qbh (herne Bay) Ltd
298 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Qbh (herne Bay) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 118.1%, this is a higher level of debt than the average (68.5%)
118.1% - Qbh (herne Bay) Ltd
68.5% - Industry AVG
QBH (HERNE BAY) LTD financials
Qbh (Herne Bay) Ltd's latest turnover from April 2023 is estimated at £3.4 million and the company has net assets of -£467.6 thousand. According to their latest financial statements, Qbh (Herne Bay) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|
| 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 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 1,684,900 | 1,019,778 | 900,000 |
| Trade Debtors | 902,107 | 900,000 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 2,587,007 | 1,919,778 | 900,000 |
| total assets | 2,587,007 | 1,919,778 | 900,000 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 3,054,580 | 1,986,151 | 0 |
| Group/Directors Accounts | 0 | 0 | 899,999 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 3,054,580 | 1,986,151 | 899,999 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 3,054,580 | 1,986,151 | 899,999 |
| net assets | -467,573 | -66,373 | 1 |
| total shareholders funds | -467,573 | -66,373 | 1 |
| Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 665,122 | 119,778 | 900,000 |
| Debtors | 2,107 | 900,000 | 0 |
| Creditors | 1,068,429 | 1,986,151 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -899,999 | 899,999 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
qbh (herne bay) ltd Credit Report and Business Information
Qbh (herne Bay) Ltd Competitor Analysis
Perform a competitor analysis for qbh (herne bay) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LS27 area or any other competitors across 12 key performance metrics.
qbh (herne bay) ltd Ownership
QBH (HERNE BAY) LTD group structure
Qbh (Herne Bay) Ltd has no subsidiary companies.
qbh (herne bay) ltd directors
Qbh (Herne Bay) Ltd currently has 1 director, Mr James De Souza serving since Jan 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James De Souza | England | 38 years | Jan 2021 | - | Director |
P&L
April 2023turnover
3.4m
+31%
operating profit
-401.2k
0%
gross margin
18.2%
-3.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-467.6k
+6.04%
total assets
2.6m
+0.35%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
qbh (herne bay) ltd company details
company number
13118473
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
41100 - Development of building projects
incorporation date
January 2021
age
4
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
northern accountants, olympus ho, 2 howley park business village, morley, leeds, LS27 0BZ
Bank
-
Legal Advisor
-
qbh (herne bay) 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 found 3 charges/mortgages relating to qbh (herne bay) ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
qbh (herne bay) 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.
Click to start generating capital raising & share issue transactions for QBH (HERNE BAY) LTD. This can take several minutes, an email will notify you when this has completed.
qbh (herne bay) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
