Pomanda estimates the enterprise value of QUEST PRECISION ENGINEERING LIMITED at £6.3m based on a Turnover of £6.8m and 0.93x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of QUEST PRECISION ENGINEERING LIMITED at £13.7m based on an EBITDA of £2.7m and a 5x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of QUEST PRECISION ENGINEERING LIMITED at £12.4m based on Net Assets of £5.2m and 2.41x industry multiple (adjusted for liquidity).
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Quest Precision Engineering LimitedOverview
Quest Precision Engineering Limited is a live company located in dundee, DD2 4US with a Companies House number of SC584102. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in December 2017, it's largest shareholder is
jillian mcdonald
with a 50% stake. Quest Precision Engineering Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£6.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Quest Precision Engineering Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
4 Regular
1 Weak
Size
annual sales of £6.8m, make it larger than the average company (£845.4k)
£6.8m - Quest Precision Engineering Limited
£845.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (8.2%)
46% - Quest Precision Engineering Limited
8.2% - Industry AVG
Production
with a gross margin of 40.2%, this company has a comparable cost of product (40.2%)
40.2% - Quest Precision Engineering Limited
40.2% - Industry AVG
Profitability
an operating margin of 28.5% make it more profitable than the average company (5.7%)
28.5% - Quest Precision Engineering Limited
5.7% - Industry AVG
Employees
with 29 employees, this is above the industry average (14)
29 - Quest Precision Engineering Limited
14 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
£29k - Quest Precision Engineering Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £235.1k, this is more efficient (£73.6k)
£235.1k - Quest Precision Engineering Limited
£73.6k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (28 days)
62 days - Quest Precision Engineering Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is close to average (37 days)
34 days - Quest Precision Engineering Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is less than average (32 days)
19 days - Quest Precision Engineering Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 47 weeks, this is average cash available to meet short term requirements (56 weeks)
47 weeks - Quest Precision Engineering Limited
56 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.5%, this is a lower level of debt than the average (38.2%)
33.5% - Quest Precision Engineering Limited
38.2% - Industry AVG
QUEST PRECISION ENGINEERING LIMITED financials
EXPORT
Quest Precision Engineering Limited's latest turnover from March 2024 is estimated at £6.8 million and the company has net assets of £5.2 million. According to their latest financial statements, Quest Precision Engineering Limited has 29 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
Turnover
6,817,591
7,638,809
5,195,842
2,197,580
5,109,571
3,148,770
Other Income Or Grants
Cost Of Sales
4,074,557
4,524,882
3,113,537
1,349,213
3,080,123
1,886,512
Gross Profit
2,743,033
3,113,927
2,082,305
848,367
2,029,448
1,262,258
Admin Expenses
799,825
1,103,823
1,497,830
-270,675
862,923
1,338,667
Operating Profit
1,943,208
2,010,104
584,475
1,119,042
1,166,525
-76,409
Interest Payable
24,469
31,519
31,508
47,308
74,405
49,596
Interest Receivable
38,328
6,086
622
93
61
152
Pre-Tax Profit
1,957,067
1,984,672
553,589
1,071,827
1,092,181
-125,852
Tax
-489,267
-377,088
-105,182
-203,647
-207,514
Profit After Tax
1,467,800
1,607,584
448,407
868,180
884,667
-125,852
Dividends Paid
Retained Profit
1,467,800
1,607,584
448,407
868,180
884,667
-125,852
Employee Costs
842,276
734,660
569,853
584,177
522,375
297,783
Number Of Employees
29
26
21
23
21
12
EBITDA*
2,741,540
2,708,155
1,087,623
1,566,852
1,544,967
114,340
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Tangible Assets
2,762,216
2,159,056
1,519,351
1,668,074
1,848,475
1,044,105
Intangible Assets
997,231
1,108,035
915,092
770,060
558,477
178,941
Investments & Other
277,128
95,828
95,828
95,828
Debtors (Due After 1 year)
Total Fixed Assets
4,036,575
3,362,919
2,530,271
2,533,962
2,406,952
1,223,046
Stock & work in progress
214,952
271,950
123,382
94,565
107,541
126,489
Trade Debtors
1,160,608
1,317,610
963,709
319,952
904,544
526,072
Group Debtors
Misc Debtors
1,093,682
269,516
64,136
94,442
110,422
212,370
Cash
1,236,594
223,515
62,889
103,078
82,277
40,640
misc current assets
total current assets
3,705,836
2,082,591
1,214,116
612,037
1,204,784
905,571
total assets
7,742,411
5,445,510
3,744,387
3,145,999
3,611,736
2,128,617
Bank overdraft
Bank loan
90,000
90,000
90,000
Trade Creditors
384,250
575,917
196,856
101,924
258,587
354,583
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
889,647
354,307
850,642
309,866
801,996
219,498
total current liabilities
1,363,897
1,020,224
1,137,498
411,790
1,060,583
574,081
loans
82,500
172,500
262,500
581,076
969,996
1,469,506
hp & lease commitments
Accruals and Deferred Income
other liabilities
504,167
237,500
83,333
312,313
666,017
201,987
provisions
640,961
332,200
185,554
213,725
156,225
8,795
total long term liabilities
1,227,628
742,200
531,387
1,107,114
1,792,238
1,680,288
total liabilities
2,591,525
1,762,424
1,668,885
1,518,904
2,852,821
2,254,369
net assets
5,150,886
3,683,086
2,075,502
1,627,095
758,915
-125,752
total shareholders funds
5,150,886
3,683,086
2,075,502
1,627,095
758,915
-125,752
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Operating Activities
Operating Profit
1,943,208
2,010,104
584,475
1,119,042
1,166,525
-76,409
Depreciation
687,528
606,542
426,142
391,962
378,442
190,749
Amortisation
110,804
91,509
77,006
55,848
Tax
-489,267
-377,088
-105,182
-203,647
-207,514
Stock
-56,998
148,568
28,817
-12,976
-18,948
126,489
Debtors
667,164
559,281
613,451
-600,572
276,524
738,442
Creditors
-191,667
379,061
94,932
-156,663
-95,996
354,583
Accruals and Deferred Income
535,340
-496,335
540,776
-492,130
582,498
219,498
Deferred Taxes & Provisions
308,761
146,646
-28,171
57,500
147,430
8,795
Cash flow from operations
2,294,541
1,652,590
947,710
1,385,460
1,713,809
-167,715
Investing Activities
capital expenditure
-1,290,688
-1,530,699
-499,457
-478,992
-1,562,348
-1,413,795
Change in Investments
181,300
95,828
cash flow from investments
-1,471,988
-1,530,699
-499,457
-574,820
-1,562,348
-1,413,795
Financing Activities
Bank loans
90,000
Group/Directors Accounts
Other Short Term Loans
Long term loans
-90,000
-90,000
-318,576
-388,920
-499,510
1,469,506
Hire Purchase and Lease Commitments
other long term liabilities
266,667
154,167
-228,980
-353,704
464,030
201,987
share issue
100
interest
13,859
-25,433
-30,886
-47,215
-74,344
-49,444
cash flow from financing
190,526
38,734
-488,442
-789,839
-109,824
1,622,149
cash and cash equivalents
cash
1,013,079
160,626
-40,189
20,801
41,637
40,640
overdraft
change in cash
1,013,079
160,626
-40,189
20,801
41,637
40,640
quest precision engineering 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 quest precision engineering limited. Get real-time insights into quest precision engineering limited's credit score, group structure and payment trends.
Perform a competitor analysis for quest precision engineering limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in DD2 area or any other competitors across 12 key performance metrics.
quest precision engineering limited Ownership
QUEST PRECISION ENGINEERING LIMITED group structure
Quest Precision Engineering Limited has no subsidiary companies.
Ultimate parent company
QUEST PRECISION ENGINEERING LIMITED
SC584102
QUEST PRECISION ENGINEERING LIMITED Shareholders
The largest shareholders in Quest Precision Engineering Limited include Jillian Mcdonald and Gordon Deuchars.
jillian mcdonald
50%
gordon deuchars
50%
quest precision engineering limited directors
Quest Precision Engineering Limited currently has 2 directors.
The longest serving directors include
Ms Jillian McDonald (Jul 2019) and
Mr Gordon Deuchars (Nov 2019).
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 2 charges/mortgages relating to quest precision engineering limited. Currently there are 2 open charges and 0 have been satisfied in the past.
quest precision engineering 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 QUEST PRECISION ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.
quest precision engineering limitedCompanies House Filings - See Documents
