qubix international limited Company Information
Company Number
04783753
Website
www.qubix.comRegistered Address
suite 3d&e, third floor, 31 temple street, birmingham, B2 5DB
Industry
Computer consultancy activities
Telephone
01483480222
Next Accounts Due
69 days late
Group Structure
View All
Shareholders
version 1 solutions limited 100%
qubix international limited Estimated Valuation
Pomanda estimates the enterprise value of QUBIX INTERNATIONAL LIMITED at £6.1m based on a Turnover of £11.1m and 0.55x industry multiple (adjusted for size and gross margin).
qubix international limited Estimated Valuation
Pomanda estimates the enterprise value of QUBIX INTERNATIONAL LIMITED at £6.6m based on an EBITDA of £1.5m and a 4.48x industry multiple (adjusted for size and gross margin).
qubix international limited Estimated Valuation
Pomanda estimates the enterprise value of QUBIX INTERNATIONAL LIMITED at £5m based on Net Assets of £2.4m and 2.11x industry multiple (adjusted for liquidity).
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Qubix International Limited Overview
Qubix International Limited is a live company located in birmingham, B2 5DB with a Companies House number of 04783753. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2003, it's largest shareholder is version 1 solutions limited with a 100% stake. Qubix International Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11.1m with high growth in recent years.
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Qubix International Limited Health Check
Pomanda's financial health check has awarded Qubix International Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £11.1m, make it larger than the average company (£620.1k)
£11.1m - Qubix International Limited
£620.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (3.2%)
- Qubix International Limited
3.2% - Industry AVG
Production
with a gross margin of 24.7%, this company has a higher cost of product (47.5%)
24.7% - Qubix International Limited
47.5% - Industry AVG
Profitability
an operating margin of 12.4% make it more profitable than the average company (8.6%)
12.4% - Qubix International Limited
8.6% - Industry AVG
Employees
with 44 employees, this is above the industry average (8)
44 - Qubix International Limited
8 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Qubix International Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £252.5k, this is more efficient (£115.9k)
£252.5k - Qubix International Limited
£115.9k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (67 days)
82 days - Qubix International Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (30 days)
25 days - Qubix International Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Qubix International Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (24 weeks)
11 weeks - Qubix International Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.4%, this is a similar level of debt than the average (55.9%)
54.4% - Qubix International Limited
55.9% - Industry AVG
qubix international limited Credit Report and Business Information
Qubix International Limited Competitor Analysis
Perform a competitor analysis for qubix international limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
qubix international limited Ownership
QUBIX INTERNATIONAL LIMITED group structure
Qubix International Limited has no subsidiary companies.
Ultimate parent company
SIONNACH LTD
#0114415
2 parents
QUBIX INTERNATIONAL LIMITED
04783753
qubix international limited directors
Qubix International Limited currently has 3 directors. The longest serving directors include Mr Tom O'Connor (Dec 2022) and Mrs. Louise Lahiff (Dec 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Tom O'Connor | England | 51 years | Dec 2022 | - | Director |
Mrs. Louise Lahiff | Ireland | 45 years | Dec 2022 | - | Director |
Mr Patrick Cooney | Northern Ireland | 48 years | Mar 2024 | - | Director |
QUBIX INTERNATIONAL LIMITED financials
Qubix International Limited's latest turnover from June 2022 is £11.1 million and the company has net assets of £2.4 million. According to their latest financial statements, Qubix International Limited has 44 employees and maintains cash reserves of £625.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 11,108,072 | 7,148,049 | |||||||||||
Other Income Or Grants | 0 | 0 | |||||||||||
Cost Of Sales | 8,364,269 | 5,681,112 | |||||||||||
Gross Profit | 2,743,803 | 1,466,937 | |||||||||||
Admin Expenses | 1,367,009 | 1,331,611 | |||||||||||
Operating Profit | 1,376,794 | 135,326 | |||||||||||
Interest Payable | 0 | 0 | |||||||||||
Interest Receivable | 13,545 | 15,720 | |||||||||||
Pre-Tax Profit | 1,589,678 | 151,046 | |||||||||||
Tax | 372,633 | -7,290 | |||||||||||
Profit After Tax | 1,962,311 | 143,756 | |||||||||||
Dividends Paid | 0 | 0 | |||||||||||
Retained Profit | 1,962,311 | 143,756 | |||||||||||
Employee Costs | 0 | 0 | |||||||||||
Number Of Employees | 44 | 41 | 32 | 32 | 31 | 38 | 37 | 33 | |||||
EBITDA* | 1,473,154 | 229,280 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 42,200 | 33,575 | 58,197 | 65,185 | 72,699 | 72,655 | 87,707 | 95,072 | 95,975 | 96,366 | 45,910 | 55,665 | 44,942 |
Intangible Assets | 215,695 | 228,111 | 235,577 | 171,696 | 136,020 | 105,621 | 103,067 | 59,293 | 7,108 | 0 | 90,000 | 180,000 | 270,000 |
Investments & Other | 134,662 | 134,684 | 134,682 | 189,510 | 189,489 | 189,489 | 189,489 | 170,862 | 164,849 | 135,872 | 135,872 | 135,872 | 135,415 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 166,780 | 392,662 | 466,927 | 184,026 | 0 | 18,198 | 25,921 | 30,677 | 6,047 | 5,344 |
Total Fixed Assets | 392,557 | 396,370 | 428,456 | 593,171 | 790,870 | 834,692 | 564,289 | 325,227 | 286,130 | 258,159 | 302,459 | 377,584 | 455,701 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 2,525,156 | 903,588 | 941,856 | 1,367,349 | 1,270,879 | 1,254,405 | 1,356,232 | 1,459,704 | 2,024,680 | 1,615,348 | 2,064,585 | 1,476,206 | 936,550 |
Group Debtors | 449,360 | 418,042 | 844,631 | 831,001 | 405,893 | 524,955 | 95,319 | 1,007,096 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,239,570 | 956,537 | 1,308,072 | 1,274,933 | 964,544 | 576,701 | 868,673 | 312,766 | 0 | 0 | 0 | 0 | 0 |
Cash | 625,446 | 1,651,606 | 513,026 | 138,175 | 799,842 | 347,988 | 257,901 | 43,515 | 370,240 | 350,252 | 41,698 | 449,811 | 124,450 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,839,532 | 3,929,773 | 3,607,585 | 3,611,458 | 3,441,158 | 2,704,049 | 2,578,125 | 2,823,081 | 2,394,920 | 1,965,600 | 2,106,283 | 1,926,017 | 1,061,000 |
total assets | 5,232,089 | 4,326,143 | 4,036,041 | 4,204,629 | 4,232,028 | 3,538,741 | 3,142,414 | 3,148,308 | 2,681,050 | 2,223,759 | 2,408,742 | 2,303,601 | 1,516,701 |
Bank overdraft | 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 |
Trade Creditors | 595,685 | 421,446 | 346,700 | 597,936 | 447,784 | 566,494 | 422,116 | 392,243 | 1,113,199 | 881,830 | 741,402 | 849,477 | 416,855 |
Group/Directors Accounts | 28,218 | 126,842 | 40,884 | 106,529 | 38,182 | 211,648 | 261,557 | 170,479 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 2,185,528 | 1,947,069 | 1,907,212 | 1,590,440 | 1,871,208 | 843,802 | 1,000,609 | 1,077,103 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 2,809,431 | 2,495,357 | 2,294,796 | 2,294,905 | 2,357,174 | 1,621,944 | 1,684,282 | 1,639,825 | 1,113,199 | 881,830 | 741,402 | 849,477 | 416,855 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45,000 |
provisions | 38,127 | 40,787 | 47,480 | 35,966 | 32,453 | 0 | 6,604 | 6,604 | 5,143 | 5,292 | 5,096 | 7,600 | 4,500 |
total long term liabilities | 38,127 | 40,787 | 47,480 | 35,966 | 32,453 | 0 | 6,604 | 6,604 | 5,143 | 5,292 | 5,096 | 7,600 | 49,500 |
total liabilities | 2,847,558 | 2,536,144 | 2,342,276 | 2,330,871 | 2,389,627 | 1,621,944 | 1,690,886 | 1,646,429 | 1,118,342 | 887,122 | 746,498 | 857,077 | 466,355 |
net assets | 2,384,531 | 1,789,999 | 1,693,765 | 1,873,758 | 1,842,401 | 1,916,797 | 1,451,528 | 1,501,879 | 1,562,708 | 1,336,637 | 1,662,244 | 1,446,524 | 1,050,346 |
total shareholders funds | 2,384,531 | 1,789,999 | 1,693,765 | 1,873,758 | 1,842,401 | 1,916,797 | 1,451,528 | 1,501,879 | 1,562,708 | 1,336,637 | 1,662,244 | 1,446,524 | 1,050,346 |
Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | 1,376,794 | 135,326 | |||||||||||
Depreciation | 12,756 | 14,457 | 15,142 | 16,544 | 15,891 | 20,297 | 20,793 | 18,922 | 23,223 | 13,432 | 14,037 | 12,569 | |
Amortisation | 83,604 | 79,497 | 70,564 | 54,571 | 38,640 | 20,966 | 8,430 | 0 | 90,000 | 90,000 | 90,000 | 90,000 | |
Tax | 372,633 | -7,290 | |||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 1,935,919 | -816,392 | -545,504 | 606,085 | 210,990 | 318,738 | -275,316 | 736,688 | 401,609 | -453,993 | 613,009 | 540,359 | 941,894 |
Creditors | 174,239 | 74,746 | -251,236 | 150,152 | -118,710 | 144,378 | 29,873 | -720,956 | 231,369 | 140,428 | -108,075 | 432,622 | 416,855 |
Accruals and Deferred Income | 238,459 | 39,857 | 316,772 | -280,768 | 1,027,406 | -156,807 | -76,494 | 1,077,103 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -2,660 | -6,693 | 11,514 | 3,513 | 32,453 | -6,604 | 0 | 1,461 | -149 | 196 | -2,504 | 3,100 | 4,500 |
Cash flow from operations | 319,906 | 1,146,292 | |||||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | -22 | 2 | -54,828 | 21 | 0 | 0 | 18,627 | 6,013 | 28,977 | 0 | 0 | 457 | 135,415 |
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -98,624 | 85,958 | -65,645 | 68,347 | -173,466 | -49,909 | 91,078 | 170,479 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -45,000 | 45,000 |
share issue | |||||||||||||
interest | 13,545 | 15,720 | |||||||||||
cash flow from financing | -1,452,858 | 54,156 | |||||||||||
cash and cash equivalents | |||||||||||||
cash | -1,026,160 | 1,138,580 | 374,851 | -661,667 | 451,854 | 90,087 | 214,386 | -326,725 | 19,988 | 308,554 | -408,113 | 325,361 | 124,450 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,026,160 | 1,138,580 | 374,851 | -661,667 | 451,854 | 90,087 | 214,386 | -326,725 | 19,988 | 308,554 | -408,113 | 325,361 | 124,450 |
P&L
June 2022turnover
11.1m
+55%
operating profit
1.4m
+917%
gross margin
24.8%
+20.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
2.4m
+0.33%
total assets
5.2m
+0.21%
cash
625.4k
-0.62%
net assets
Total assets minus all liabilities
qubix international limited company details
company number
04783753
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
June 2003
age
21
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
suite 3d&e, third floor, 31 temple street, birmingham, B2 5DB
last accounts submitted
June 2022
qubix international 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 found 2 charges/mortgages relating to qubix international limited. Currently there are 0 open charges and 2 have been satisfied in the past.
qubix international limited Companies House Filings - See Documents
date | description | view/download |
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