Pomanda estimates the enterprise value of QUARRIERS at £64.6m based on a Turnover of £51.3m and 1.26x industry multiple (adjusted for size and gross margin).
quarriersEstimated Valuation
£5.3m
Pomanda estimates the enterprise value of QUARRIERS at £5.3m based on an EBITDA of £494.1k and a 10.7x industry multiple (adjusted for size and gross margin).
quarriersEstimated Valuation
£28.8m
Pomanda estimates the enterprise value of QUARRIERS at £28.8m based on Net Assets of £11.6m and 2.48x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
QuarriersOverview
Quarriers is a live company located in glasgow, G51 4QD with a Companies House number of SC014361. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in October 1926, it's largest shareholder is
unknown.
Quarriers is a mature,
large sized company, Pomanda has estimated its turnover at
£51.3m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Quarriers a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £51.3m, make it larger than the average company (£1.6m)
£51.3m - Quarriers
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.7%)
6% - Quarriers
5.7% - Industry AVG
Production
with a gross margin of 44.5%, this company has a comparable cost of product (44.5%)
44.5% - Quarriers
44.5% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (5.8%)
-0.9% - Quarriers
5.8% - Industry AVG
Employees
with 1586 employees, this is above the industry average (40)
1586 - Quarriers
40 - Industry AVG
Pay Structure
on an average salary of £23.7k, the company has an equivalent pay structure (£24.3k)
£23.7k - Quarriers
£24.3k - Industry AVG
Efficiency
resulting in sales per employee of £32.4k, this is less efficient (£39.2k)
£32.4k - Quarriers
£39.2k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is later than average (17 days)
26 days - Quarriers
17 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is slower than average (8 days)
12 days - Quarriers
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Quarriers
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 12 weeks, this is less cash available to meet short term requirements (143 weeks)
12 weeks - Quarriers
143 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.6%, this is a higher level of debt than the average (25%)
51.6% - Quarriers
25% - Industry AVG
QUARRIERS financials
EXPORT
Quarriers's latest turnover from March 2024 is £51.3 million and the company has net assets of £11.6 million. According to their latest financial statements, Quarriers has 1,586 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
51,322,000
49,213,000
45,837,000
42,634,000
43,124,000
42,738,000
41,504,000
42,166,000
41,712,000
42,264,000
43,709,000
45,633,000
43,490,000
43,481,000
42,927,000
Other Income Or Grants
Cost Of Sales
28,487,910
27,370,918
25,136,227
24,491,123
23,899,164
23,605,906
22,732,911
22,432,973
26,031,772
26,446,938
27,254,119
27,996,660
26,703,827
26,166,166
25,596,002
Gross Profit
22,834,090
21,842,082
20,700,773
18,142,877
19,224,836
19,132,094
18,771,089
19,733,027
15,680,228
15,817,062
16,454,881
17,636,340
16,786,173
17,314,834
17,330,998
Admin Expenses
23,293,962
22,353,451
18,564,654
15,670,314
21,783,573
21,699,034
17,891,580
17,790,744
15,429,145
14,552,674
15,433,848
12,671,127
14,685,125
17,405,004
17,891,430
Operating Profit
-459,872
-511,369
2,136,119
2,472,563
-2,558,737
-2,566,940
879,509
1,942,283
251,083
1,264,388
1,021,033
4,965,213
2,101,048
-90,170
-560,432
Interest Payable
232,000
265,000
497,000
61,000
62,000
370,000
42,000
38,000
39,000
Interest Receivable
157,000
177,000
151,000
Pre-Tax Profit
-346,000
-354,000
1,746,000
1,988,000
-2,590,000
-2,597,000
673,000
1,497,000
135,000
927,000
706,000
3,684,000
1,460,000
-232,000
-635,000
Tax
Profit After Tax
-346,000
-354,000
1,746,000
1,988,000
-2,590,000
-2,597,000
673,000
1,497,000
135,000
927,000
706,000
3,684,000
1,460,000
-232,000
-635,000
Dividends Paid
Retained Profit
-346,000
-354,000
1,746,000
1,988,000
-2,590,000
-2,597,000
673,000
1,497,000
135,000
927,000
706,000
3,684,000
1,460,000
-232,000
-635,000
Employee Costs
37,595,000
36,624,000
34,141,000
32,658,000
32,943,000
31,276,000
28,607,000
29,820,000
30,429,000
29,871,000
30,581,000
30,402,000
31,634,000
33,011,000
33,468,000
Number Of Employees
1,586
1,534
1,561
1,562
1,645
1,636
1,622
1,760
1,940
1,999
2,001
1,950
1,985
2,025
2,004
EBITDA*
494,128
393,631
2,960,119
3,289,563
-1,268,737
-682,940
1,961,509
3,120,283
1,418,083
2,563,388
2,481,033
6,058,213
3,245,048
1,100,830
712,568
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
10,043,000
9,867,000
10,166,000
10,506,000
11,036,000
10,472,000
10,847,000
12,349,000
12,872,000
13,648,000
13,357,000
13,344,000
9,121,000
8,869,000
9,273,000
Intangible Assets
375,000
317,000
131,000
61,000
378,000
1,190,000
898,000
467,000
Investments & Other
8,222,000
8,915,000
9,098,000
8,939,000
8,999,000
11,918,000
11,308,000
11,138,000
9,779,000
10,254,000
9,414,000
9,459,000
9,094,000
8,815,000
3,356,000
Debtors (Due After 1 year)
Total Fixed Assets
18,640,000
19,099,000
19,395,000
19,506,000
20,035,000
22,768,000
23,345,000
24,385,000
23,118,000
23,902,000
22,771,000
22,803,000
18,215,000
17,684,000
12,629,000
Stock & work in progress
Trade Debtors
3,659,000
2,452,000
3,504,000
3,369,000
3,394,000
3,552,000
3,169,000
3,571,000
3,271,000
3,257,000
3,326,000
2,962,000
3,794,000
3,097,000
3,322,000
Group Debtors
2,000
8,000
1,000
Misc Debtors
545,000
754,000
606,000
415,000
464,000
507,000
605,000
618,000
733,000
785,000
702,000
494,000
477,000
493,000
554,000
Cash
1,189,000
3,149,000
4,300,000
3,214,000
1,904,000
1,573,000
3,695,000
2,184,000
1,690,000
2,128,000
3,331,000
1,744,000
1,675,000
1,695,000
1,373,000
misc current assets
total current assets
5,393,000
6,355,000
8,410,000
6,998,000
5,762,000
5,632,000
7,469,000
6,373,000
5,694,000
6,172,000
7,367,000
5,200,000
5,946,000
5,286,000
5,249,000
total assets
24,033,000
25,454,000
27,805,000
26,504,000
25,797,000
28,400,000
30,814,000
30,758,000
28,812,000
30,074,000
30,138,000
28,003,000
24,161,000
22,970,000
17,878,000
Bank overdraft
1,000,000
1,000,000
1,000,000
1,000,000
Bank loan
18,000
223,000
208,000
200,000
194,000
279,000
207,000
199,000
192,000
184,000
2,000,000
2,200,000
2,400,000
Trade Creditors
990,000
793,000
546,000
359,000
796,000
847,000
815,000
547,000
718,000
1,474,000
1,290,000
694,000
665,000
857,000
770,000
Group/Directors Accounts
17,000
16,000
16,000
14,000
14,000
13,000
13,000
12,000
12,000
9,000
8,000
51,000
287,000
6,000
6,000
other short term finances
hp & lease commitments
1,000
5,000
7,000
other current liabilities
4,061,000
3,945,000
4,248,000
3,919,000
2,963,000
2,837,000
2,517,000
2,814,000
2,814,000
1,973,000
2,948,000
2,124,000
2,356,000
2,391,000
2,270,000
total current liabilities
5,069,000
4,759,000
4,835,000
4,515,000
3,981,000
3,897,000
3,539,000
3,652,000
4,751,000
4,655,000
5,438,000
4,053,000
5,308,000
5,454,000
5,446,000
loans
18,000
233,000
441,000
641,000
835,000
107,000
314,000
514,000
705,000
hp & lease commitments
1,000
6,000
Accruals and Deferred Income
other liabilities
364,000
provisions
130,000
616,000
394,000
total long term liabilities
7,321,000
7,931,000
8,540,000
12,369,000
14,320,000
9,444,000
8,875,000
11,857,000
6,614,000
14,480,000
9,139,000
9,947,000
9,593,000
7,391,000
11,978,000
total liabilities
12,390,000
12,690,000
13,375,000
16,884,000
18,301,000
13,341,000
12,414,000
15,509,000
11,365,000
19,135,000
14,577,000
14,000,000
14,901,000
12,845,000
17,424,000
net assets
11,643,000
12,764,000
14,430,000
9,620,000
7,496,000
15,059,000
18,400,000
15,249,000
17,447,000
10,939,000
15,561,000
14,003,000
9,260,000
10,125,000
454,000
total shareholders funds
11,643,000
12,764,000
14,430,000
9,620,000
7,496,000
15,059,000
18,400,000
15,249,000
17,447,000
10,939,000
15,561,000
14,003,000
9,260,000
10,125,000
454,000
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-459,872
-511,369
2,136,119
2,472,563
-2,558,737
-2,566,940
879,509
1,942,283
251,083
1,264,388
1,021,033
4,965,213
2,101,048
-90,170
-560,432
Depreciation
907,000
882,000
810,000
814,000
903,000
1,068,000
1,082,000
1,178,000
1,167,000
1,299,000
1,460,000
1,093,000
1,144,000
1,191,000
1,273,000
Amortisation
47,000
23,000
14,000
3,000
387,000
816,000
Tax
Stock
Debtors
998,000
-904,000
326,000
-74,000
-201,000
285,000
-415,000
185,000
-40,000
8,000
580,000
-815,000
680,000
-285,000
3,876,000
Creditors
197,000
247,000
187,000
-437,000
-51,000
32,000
268,000
-171,000
-756,000
184,000
596,000
29,000
-192,000
87,000
770,000
Accruals and Deferred Income
116,000
-303,000
329,000
956,000
126,000
320,000
-297,000
841,000
-975,000
824,000
-232,000
-35,000
121,000
2,270,000
Deferred Taxes & Provisions
-130,000
-486,000
222,000
394,000
Cash flow from operations
-190,872
1,241,631
3,150,119
3,882,563
-992,737
-615,940
2,347,509
2,634,283
1,057,083
1,986,388
3,715,033
6,670,213
2,338,048
1,593,830
-123,432
Investing Activities
capital expenditure
-123,000
1,020,000
-1,028,000
-414,000
-1,579,000
-1,249,000
-4,910,000
-1,663,000
-1,133,000
-658,000
Change in Investments
-693,000
-183,000
159,000
-60,000
-2,919,000
610,000
170,000
1,359,000
-475,000
840,000
-45,000
365,000
279,000
5,459,000
3,356,000
cash flow from investments
693,000
183,000
-159,000
60,000
2,919,000
-733,000
850,000
-2,387,000
61,000
-2,419,000
-1,204,000
-5,275,000
-1,942,000
-6,592,000
-4,014,000
Financing Activities
Bank loans
-18,000
-205,000
15,000
8,000
6,000
-85,000
72,000
8,000
7,000
8,000
-1,816,000
-200,000
-200,000
2,400,000
Group/Directors Accounts
1,000
2,000
1,000
1,000
3,000
1,000
-43,000
-236,000
281,000
6,000
Other Short Term Loans
Long term loans
-18,000
-215,000
-208,000
-200,000
-194,000
728,000
-207,000
-200,000
-191,000
705,000
Hire Purchase and Lease Commitments
-5,000
-7,000
13,000
other long term liabilities
-364,000
364,000
share issue
-775,000
-1,312,000
3,064,000
136,000
-4,973,000
-744,000
2,478,000
-3,695,000
6,373,000
-5,549,000
852,000
1,059,000
-2,325,000
9,903,000
1,089,000
interest
-232,000
-108,000
-320,000
90,000
-62,000
-370,000
-42,000
-38,000
-39,000
cash flow from financing
-779,000
-1,337,000
2,856,000
-64,000
-5,172,000
-1,170,000
2,200,000
-3,003,000
5,857,000
-6,015,000
928,000
-658,000
-2,286,000
9,665,000
3,456,000
cash and cash equivalents
cash
-1,960,000
-1,151,000
1,086,000
1,310,000
331,000
-2,122,000
1,511,000
494,000
-438,000
-1,203,000
1,587,000
69,000
-20,000
322,000
1,373,000
overdraft
-1,000,000
1,000,000
change in cash
-1,960,000
-1,151,000
1,086,000
1,310,000
331,000
-2,122,000
1,511,000
1,494,000
-438,000
-1,203,000
1,587,000
-931,000
-20,000
322,000
1,373,000
quarriers 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 quarriers. Get real-time insights into quarriers's credit score, group structure and payment trends.
Perform a competitor analysis for quarriers by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other large companies, companies in G51 area or any other competitors across 12 key performance metrics.
quarriers Ownership
QUARRIERS group structure
Quarriers has no subsidiary companies.
Ultimate parent company
QUARRIERS
SC014361
QUARRIERS Shareholders
The sole shareholder of Quarriers is -.
-
-
quarriers directors
Quarriers currently has 13 directors.
The longest serving directors include
Professor Michael Greaves (Oct 2014) and
Mr Alan Frizzell (Aug 2016).
87300 - Residential care activities for the elderly and disabled
88990 - Other social work activities without accommodation n.e.c.
87900 - Other residential care activities
incorporation date
October 1926
age
99
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
March 2024
previous names
quarrier's homes (November 1998)
accountant
-
auditor
FRENCH DUNCAN LLP
address
quarriers head office, 20 st. kenneth drive, glasgow, G51 4QD
Bank
BANK OF SCOTLAND, BANK OF SCOTLAND, BANK OF SCOTLAND
Legal Advisor
BRODIES LLP DWF LLP
quarriers 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 26 charges/mortgages relating to quarriers. Currently there are 9 open charges and 17 have been satisfied in the past.
quarriers 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 QUARRIERS. This can take several minutes, an email will notify you when this has completed.
