quality medical services ltd
quality medical services ltd Company Information
Company Number
14537758
Website
-Registered Address
unit 8a-b, longhope business par, monmouth road, longhope, gloucestershire, GL17 0QZ
Industry
Other retail sale not in stores, stalls or markets
Repair of other equipment
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
trevor buxton howard 100%
quality medical services ltd Estimated Valuation
Pomanda estimates the enterprise value of QUALITY MEDICAL SERVICES LTD at £199.2k based on a Turnover of £438.1k and 0.45x industry multiple (adjusted for size and gross margin).
quality medical services ltd Estimated Valuation
Pomanda estimates the enterprise value of QUALITY MEDICAL SERVICES LTD at £234.3k based on an EBITDA of £57k and a 4.11x industry multiple (adjusted for size and gross margin).
quality medical services ltd Estimated Valuation
Pomanda estimates the enterprise value of QUALITY MEDICAL SERVICES LTD at £111.9k based on Net Assets of £39.9k and 2.8x industry multiple (adjusted for liquidity).
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Quality Medical Services Ltd Overview
Quality Medical Services Ltd is a live company located in longhope, GL17 0QZ with a Companies House number of 14537758. It operates in the repair of other equipment sector, SIC Code 33190. Founded in December 2022, it's largest shareholder is trevor buxton howard with a 100% stake. Quality Medical Services Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £438.1k with unknown growth in recent years.
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Quality Medical Services Ltd Health Check
Pomanda's financial health check has awarded Quality Medical Services Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £438.1k, make it smaller than the average company (£4.4m)
- Quality Medical Services Ltd
£4.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Quality Medical Services Ltd
- - Industry AVG
Production
with a gross margin of 31.5%, this company has a comparable cost of product (31.5%)
- Quality Medical Services Ltd
31.5% - Industry AVG
Profitability
an operating margin of 11.6% make it more profitable than the average company (5.6%)
- Quality Medical Services Ltd
5.6% - Industry AVG
Employees
with 6 employees, this is below the industry average (22)
6 - Quality Medical Services Ltd
22 - Industry AVG
Pay Structure
on an average salary of £40.8k, the company has an equivalent pay structure (£40.8k)
- Quality Medical Services Ltd
£40.8k - Industry AVG
Efficiency
resulting in sales per employee of £73k, this is less efficient (£180.8k)
- Quality Medical Services Ltd
£180.8k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (44 days)
- Quality Medical Services Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is close to average (33 days)
- Quality Medical Services Ltd
33 days - Industry AVG
Stock Days
it holds stock equivalent to 208 days, this is more than average (58 days)
- Quality Medical Services Ltd
58 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (19 weeks)
13 weeks - Quality Medical Services Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.5%, this is a higher level of debt than the average (58.4%)
89.5% - Quality Medical Services Ltd
58.4% - Industry AVG
QUALITY MEDICAL SERVICES LTD financials
Quality Medical Services Ltd's latest turnover from December 2023 is estimated at £438.1 thousand and the company has net assets of £39.9 thousand. According to their latest financial statements, Quality Medical Services Ltd has 6 employees and maintains cash reserves of £83.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| 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 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | |
|---|---|
| Tangible Assets | 65,999 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 65,999 |
| Stock & work in progress | 171,275 |
| Trade Debtors | 4,344 |
| Group Debtors | 0 |
| Misc Debtors | 56,613 |
| Cash | 83,339 |
| misc current assets | 0 |
| total current assets | 315,571 |
| total assets | 381,570 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 27,259 |
| Group/Directors Accounts | 188,800 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 109,087 |
| total current liabilities | 325,146 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 16,500 |
| total long term liabilities | 16,500 |
| total liabilities | 341,646 |
| net assets | 39,924 |
| total shareholders funds | 39,924 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 6,021 |
| Amortisation | 0 |
| Tax | |
| Stock | 171,275 |
| Debtors | 60,957 |
| Creditors | 27,259 |
| Accruals and Deferred Income | 109,087 |
| Deferred Taxes & Provisions | 16,500 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 188,800 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 83,339 |
| overdraft | 0 |
| change in cash | 83,339 |
quality medical services ltd Credit Report and Business Information
Quality Medical Services Ltd Competitor Analysis
Perform a competitor analysis for quality medical services ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in GL17 area or any other competitors across 12 key performance metrics.
quality medical services ltd Ownership
QUALITY MEDICAL SERVICES LTD group structure
Quality Medical Services Ltd has no subsidiary companies.
Ultimate parent company
QUALITY MEDICAL SERVICES LTD
14537758
quality medical services ltd directors
Quality Medical Services Ltd currently has 5 directors. The longest serving directors include Mr Trevor Howard (Dec 2022) and Mr Peter Reeson (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Trevor Howard | England | 56 years | Dec 2022 | - | Director |
| Mr Peter Reeson | United Kingdom | 44 years | Jun 2023 | - | Director |
| Mr Max Howard | England | 26 years | Jun 2023 | - | Director |
| Mr Fraser Yule | Scotland | 50 years | Nov 2023 | - | Director |
| Mr Jeremy Gregg | England | 47 years | Nov 2023 | - | Director |
P&L
December 2023turnover
438.1k
0%
operating profit
51k
0%
gross margin
31.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
39.9k
0%
total assets
381.6k
0%
cash
83.3k
0%
net assets
Total assets minus all liabilities
Similar Companies
quality medical services ltd company details
company number
14537758
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
33190 - Repair of other equipment
incorporation date
December 2022
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
BK PLUS
auditor
-
address
unit 8a-b, longhope business par, monmouth road, longhope, gloucestershire, GL17 0QZ
Bank
-
Legal Advisor
-
quality medical services 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 quality medical services ltd.
quality medical services ltd Companies House Filings - See Documents
| date | description | view/download |
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