14 halifax court, fernwood business park, newark, nottinghamshire, NG24 3JP
Website
-
quirq limitedEstimated Valuation
£42.1k
Pomanda estimates the enterprise value of QUIRQ LIMITED at £42.1k based on a Turnover of £146.1k and 0.29x industry multiple (adjusted for size and gross margin).
quirq limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of QUIRQ LIMITED at £0 based on an EBITDA of £-15.2k and a 1.98x industry multiple (adjusted for size and gross margin).
quirq limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of QUIRQ LIMITED at £0 based on Net Assets of £-15.2k and 1.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Quirq LimitedOverview
Quirq Limited is a live company located in newark, NG24 3JP with a Companies House number of 15030086. It operates in the advertising agencies sector, SIC Code 73110. Founded in July 2023, it's largest shareholder is
future cloud group limited
with a 34% stake. Quirq Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£146.1k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Quirq Limited a 1.5 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
Health Rating1.5out of 5
2 Strong
1 Regular
6 Weak
Size
annual sales of £146.1k, make it smaller than the average company (£8.1m)
£146.1k - Quirq Limited
£8.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Quirq Limited
- - Industry AVG
Production
with a gross margin of 20%, this company has a higher cost of product (42.4%)
20% - Quirq Limited
42.4% - Industry AVG
Profitability
an operating margin of -10.4% make it less profitable than the average company (4.9%)
-10.4% - Quirq Limited
4.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (39)
4 - Quirq Limited
39 - Industry AVG
Pay Structure
on an average salary of £65.4k, the company has an equivalent pay structure (£65.4k)
£65.4k - Quirq Limited
£65.4k - Industry AVG
Efficiency
resulting in sales per employee of £36.5k, this is less efficient (£177.4k)
£36.5k - Quirq Limited
£177.4k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (54 days)
12 days - Quirq Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (42 days)
64 days - Quirq Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Quirq Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Quirq Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 382.1%, this is a higher level of debt than the average (67.7%)
382.1% - Quirq Limited
67.7% - Industry AVG
QUIRQ LIMITED financials
EXPORT
Quirq Limited's latest turnover from July 2024 is estimated at £146.1 thousand and the company has net assets of -£15.2 thousand. According to their latest financial statements, Quirq Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Turnover
146,110
Other Income Or Grants
Cost Of Sales
116,871
Gross Profit
29,240
Admin Expenses
44,423
Operating Profit
-15,183
Interest Payable
Interest Receivable
Pre-Tax Profit
-15,183
Tax
Profit After Tax
-15,183
Dividends Paid
Retained Profit
-15,183
Employee Costs
261,562
Number Of Employees
4
EBITDA*
-15,183
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Tangible Assets
172
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
172
Stock & work in progress
Trade Debtors
5,199
Group Debtors
Misc Debtors
11
Cash
misc current assets
total current assets
5,210
total assets
5,382
Bank overdraft
Bank loan
Trade Creditors
20,565
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
20,565
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
20,565
net assets
-15,183
total shareholders funds
-15,183
Jul 2024
Operating Activities
Operating Profit
-15,183
Depreciation
Amortisation
Tax
Stock
Debtors
5,210
Creditors
20,565
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
172
Investing Activities
capital expenditure
-172
Change in Investments
cash flow from investments
-172
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
cash
overdraft
change in cash
quirq limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for quirq limited. Get real-time insights into quirq limited's credit score, group structure and payment trends.
Perform a competitor analysis for quirq limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NG24 area or any other competitors across 12 key performance metrics.
quirq limited Ownership
QUIRQ LIMITED group structure
Quirq Limited has no subsidiary companies.
Ultimate parent company
QUIRQ LIMITED
15030086
QUIRQ LIMITED Shareholders
The largest shareholders in Quirq Limited include Future Cloud Group Limited and Wdrtech Limited.
future cloud group limited
34%
wdrtech limited
33%
thomas jack haslam
33%
quirq limited directors
Quirq Limited currently has 3 directors.
The longest serving directors include
Mr Thomas Haslam (Jul 2023) and
Mrs Francesca McClory (Jul 2023).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024
net assets
-15.2k
0%
total assets
5.4k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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quirq limited company details
company number
15030086
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
incorporation date
July 2023
age
2
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
July 2024
previous names
N/A
accountant
-
auditor
-
address
14 halifax court, fernwood business park, newark, nottinghamshire, NG24 3JP
Bank
-
Legal Advisor
-
quirq 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 quirq limited.
quirq 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.
Click to start generating capital raising & share issue transactions for QUIRQ LIMITED. This can take several minutes, an email will notify you when this has completed.
quirq limitedCompanies House Filings - See Documents
