really good qvs ltd
really good qvs ltd Company Information
Company Number
NI064107
Website
-Registered Address
41 strathroy road, omagh, co. tyrone, BT79 7JD
Industry
Other food service activities
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
patrick cunningham 60%
ruairi cunningham 20%
View Allreally good qvs ltd Estimated Valuation
Pomanda estimates the enterprise value of REALLY GOOD QVS LTD at £1.1m based on a Turnover of £3m and 0.37x industry multiple (adjusted for size and gross margin).
really good qvs ltd Estimated Valuation
Pomanda estimates the enterprise value of REALLY GOOD QVS LTD at £577.4k based on an EBITDA of £162.3k and a 3.56x industry multiple (adjusted for size and gross margin).
really good qvs ltd Estimated Valuation
Pomanda estimates the enterprise value of REALLY GOOD QVS LTD at £0 based on Net Assets of £-4.6m and 2.63x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Really Good Qvs Ltd Overview
Really Good Qvs Ltd is a live company located in co. tyrone, BT79 7JD with a Companies House number of NI064107. It operates in the other food services sector, SIC Code 56290. Founded in April 2007, it's largest shareholder is patrick cunningham with a 60% stake. Really Good Qvs Ltd is a established, small sized company, Pomanda has estimated its turnover at £3m with healthy growth in recent years.
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Really Good Qvs Ltd Health Check
Pomanda's financial health check has awarded Really Good Qvs Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
2 Weak
Size
annual sales of £3m, make it larger than the average company (£1.3m)
- Really Good Qvs Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (5.7%)
- Really Good Qvs Ltd
5.7% - Industry AVG
Production
with a gross margin of 14.8%, this company has a higher cost of product (26.4%)
- Really Good Qvs Ltd
26.4% - Industry AVG
Profitability
an operating margin of 5.3% make it more profitable than the average company (2.7%)
- Really Good Qvs Ltd
2.7% - Industry AVG
Employees
with 17 employees, this is similar to the industry average (16)
- Really Good Qvs Ltd
16 - Industry AVG
Pay Structure
on an average salary of £22k, the company has an equivalent pay structure (£22k)
- Really Good Qvs Ltd
£22k - Industry AVG
Efficiency
resulting in sales per employee of £178.7k, this is more efficient (£66k)
- Really Good Qvs Ltd
£66k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is near the average (31 days)
- Really Good Qvs Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 122 days, this is slower than average (35 days)
- Really Good Qvs Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Really Good Qvs Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Really Good Qvs Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1761.8%, this is a higher level of debt than the average (69.7%)
1761.8% - Really Good Qvs Ltd
69.7% - Industry AVG
REALLY GOOD QVS LTD financials
Really Good Qvs Ltd's latest turnover from April 2023 is estimated at £3 million and the company has net assets of -£4.6 million. According to their latest financial statements, we estimate that Really Good Qvs Ltd has 17 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,345 | 21,837 | 35,445 | 88,496 | 194,539 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,345 | 21,837 | 35,445 | 88,496 | 194,539 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,658 | 3,755 | 5,202 | 6,222 | 6,828 |
| Trade Debtors | 274,853 | 150,536 | 154,201 | 74,085 | 96,863 | 109,004 | 72,038 | 136,000 | 216,441 | 537,812 | 583,570 | 630,388 | 784,083 | 586,224 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 904 | 3,248 | 3,248 | 0 | 3,248 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 94,919 | 0 | 0 | 0 | 130,472 | 152,102 | 77,480 | 196,318 | 64,130 | 74,837 | 142,265 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 3,248 | 1,843 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 275,757 | 153,784 | 157,449 | 169,004 | 100,111 | 112,252 | 73,881 | 266,472 | 368,543 | 619,950 | 783,643 | 699,720 | 865,142 | 735,317 |
| total assets | 275,757 | 153,784 | 157,449 | 169,004 | 100,111 | 112,252 | 73,881 | 266,472 | 368,543 | 627,295 | 805,480 | 735,165 | 953,638 | 929,856 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 865,962 | 911,436 | 825,562 | 824,244 | 848,166 | 935,203 | 933,812 | 1,370,800 | 1,743,379 | 1,782,214 | 1,558,351 | 1,330,361 | 902,179 | 673,341 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 865,962 | 911,436 | 825,562 | 824,244 | 848,166 | 935,203 | 933,812 | 1,370,800 | 1,743,379 | 1,782,214 | 1,558,351 | 1,330,361 | 902,179 | 673,341 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,230 | 1,230 | 1,230 | 0 | 1,230 | 1,230 | 1,210 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 3,991,071 | 3,945,313 | 4,160,680 | 4,192,404 | 4,116,016 | 4,060,467 | 4,060,704 | 3,837,875 | 3,607,312 | 3,707,312 | 4,093,460 | 4,028,561 | 4,026,977 | 3,402,263 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,992,301 | 3,946,543 | 4,161,910 | 4,192,404 | 4,117,246 | 4,061,697 | 4,061,914 | 3,837,875 | 3,607,312 | 3,707,312 | 4,093,460 | 4,028,561 | 4,026,977 | 3,402,263 |
| total liabilities | 4,858,263 | 4,857,979 | 4,987,472 | 5,016,648 | 4,965,412 | 4,996,900 | 4,995,726 | 5,208,675 | 5,350,691 | 5,489,526 | 5,651,811 | 5,358,922 | 4,929,156 | 4,075,604 |
| net assets | -4,582,506 | -4,704,195 | -4,830,023 | -4,847,644 | -4,865,301 | -4,884,648 | -4,921,845 | -4,942,203 | -4,982,148 | -4,862,231 | -4,846,331 | -4,623,757 | -3,975,518 | -3,145,748 |
| total shareholders funds | -4,582,506 | -4,704,195 | -4,830,023 | -4,847,644 | -4,865,301 | -4,884,648 | -4,921,845 | -4,942,203 | -4,982,148 | -4,862,231 | -4,846,331 | -4,623,757 | -3,975,518 | -3,145,748 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,658 | 15,382 | 17,932 | 54,984 | 116,708 | 113,431 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,658 | 903 | -1,447 | -1,020 | -606 | 6,828 |
| Debtors | 121,973 | -3,665 | 83,364 | -26,026 | -8,893 | 36,966 | -63,962 | -80,441 | -321,371 | -45,758 | -46,818 | -153,695 | 197,859 | 586,224 |
| Creditors | -45,474 | 85,874 | 1,318 | -23,922 | -87,037 | 1,391 | -436,988 | -372,579 | -38,835 | 223,863 | 227,990 | 428,182 | 228,838 | 673,341 |
| Accruals and Deferred Income | 0 | 0 | 1,230 | -1,230 | 0 | 20 | 1,210 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 45,758 | -215,367 | -31,724 | 76,388 | 55,549 | -237 | 222,829 | 230,563 | -100,000 | -386,148 | 64,899 | 1,584 | 624,714 | 3,402,263 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | -94,919 | 94,919 | 0 | 0 | -130,472 | -21,630 | 74,622 | -118,838 | 132,188 | -10,707 | -67,428 | 142,265 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -94,919 | 94,919 | 0 | 0 | -130,472 | -21,630 | 74,622 | -118,838 | 132,188 | -10,707 | -67,428 | 142,265 |
really good qvs ltd Credit Report and Business Information
Really Good Qvs Ltd Competitor Analysis
Perform a competitor analysis for really good qvs ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
really good qvs ltd Ownership
REALLY GOOD QVS LTD group structure
Really Good Qvs Ltd has no subsidiary companies.
Ultimate parent company
REALLY GOOD QVS LTD
NI064107
really good qvs ltd directors
Really Good Qvs Ltd currently has 2 directors. The longest serving directors include Ruairi Cunningham (Mar 2008) and Mr Patrick Cunningham (Apr 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ruairi Cunningham | Northern Ireland | 53 years | Mar 2008 | - | Director |
| Mr Patrick Cunningham | 58 years | Apr 2013 | - | Director |
P&L
April 2023turnover
3m
+32%
operating profit
162.3k
0%
gross margin
14.8%
+16.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-4.6m
-0.03%
total assets
275.8k
+0.79%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
really good qvs ltd company details
company number
NI064107
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
April 2007
age
17
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
41 strathroy road, omagh, co. tyrone, BT79 7JD
last accounts submitted
April 2023
really good qvs 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 really good qvs ltd.
really good qvs ltd Companies House Filings - See Documents
| date | description | view/download |
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