qubix international limited

4

qubix international limited Company Information

Share QUBIX INTERNATIONAL LIMITED
Live 
MatureMidHigh

Company Number

04783753

Registered 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

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Directors

Tom O'Connor1 Years

Louise Lahiff1 Years

View All

Shareholders

version 1 solutions limited 100%

qubix international limited Estimated Valuation

£6.1m

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

£6.6m

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

£5m

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

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

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

Growth

3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (3.2%)

28% - Qubix International Limited

3.2% - Industry AVG

production

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

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

Employees

with 44 employees, this is above the industry average (8)

44 - Qubix International Limited

8 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Qubix International Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £252.5k, this is more efficient (£115.9k)

£252.5k - Qubix International Limited

£115.9k - Industry AVG

debtordays

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

creditordays

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

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Qubix International Limited

- - Industry AVG

cashbalance

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

debtlevel

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

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Qubix International Limited Competitor Analysis

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competitor_analysis_table_img

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 Shareholders

version 1 solutions limited 100%

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).

officercountryagestartendrole
Mr Tom O'ConnorEngland51 years Dec 2022- Director
Mrs. Louise LahiffIreland45 years Dec 2022- Director
Mr Patrick CooneyNorthern Ireland48 years Mar 2024- Director

QUBIX INTERNATIONAL LIMITED financials

EXPORTms excel logo

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 HousePomanda Estimates

Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover11,108,0727,148,0493,942,8155,329,0524,881,0475,377,6096,734,4327,011,37612,118,23710,185,71912,581,6429,465,3835,754,567
Other Income Or Grants0000000000000
Cost Of Sales8,364,2695,681,1121,872,6512,432,2632,133,4212,194,5402,694,3772,755,5794,491,2613,483,5244,413,2213,637,4782,077,241
Gross Profit2,743,8031,466,9372,070,1642,896,7892,747,6273,183,0704,040,0554,255,7977,626,9766,702,1948,168,4215,827,9053,677,326
Admin Expenses1,367,0091,331,6112,275,2332,861,5942,824,8932,609,4214,288,6604,317,6607,342,6117,901,9127,885,8095,293,9652,395,029
Operating Profit1,376,794135,326-205,06935,195-77,266573,649-248,605-61,863284,365-1,199,718282,612533,9401,282,297
Interest Payable0000000000000
Interest Receivable13,54515,7203263,5182,8707577541,0341,8019801,2291,436311
Pre-Tax Profit1,589,678151,046-204,74338,712-74,396574,406-247,851-60,829286,166-1,198,738283,841535,3761,282,608
Tax372,633-7,2900-7,3550-109,13700-60,0950-68,122-139,198-359,130
Profit After Tax1,962,311143,756-204,74331,357-74,396465,269-247,851-60,829226,071-1,198,738215,719396,178923,478
Dividends Paid0000000000000
Retained Profit1,962,311143,756-204,74331,357-74,396465,269-247,851-60,829226,071-1,198,738215,719396,178923,478
Employee Costs001,411,0591,656,5191,668,1351,976,8802,127,5001,907,2695,215,5724,254,7845,164,7903,975,8702,476,031
Number Of Employees44413232313837339178947449
EBITDA*1,473,154229,280-119,363106,310-22,735573,649-207,342-32,640303,287-1,086,495386,044637,9771,384,866

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets42,20033,57558,19765,18572,69972,65587,70795,07295,97596,36645,91055,66544,942
Intangible Assets215,695228,111235,577171,696136,020105,621103,06759,2937,108090,000180,000270,000
Investments & Other134,662134,684134,682189,510189,489189,489189,489170,862164,849135,872135,872135,872135,415
Debtors (Due After 1 year)000166,780392,662466,927184,026018,19825,92130,6776,0475,344
Total Fixed Assets392,557396,370428,456593,171790,870834,692564,289325,227286,130258,159302,459377,584455,701
Stock & work in progress0000000000000
Trade Debtors2,525,156903,588941,8561,367,3491,270,8791,254,4051,356,2321,459,7042,024,6801,615,3482,064,5851,476,206936,550
Group Debtors449,360418,042844,631831,001405,893524,95595,3191,007,09600000
Misc Debtors1,239,570956,5371,308,0721,274,933964,544576,701868,673312,76600000
Cash625,4461,651,606513,026138,175799,842347,988257,90143,515370,240350,25241,698449,811124,450
misc current assets0000000000000
total current assets4,839,5323,929,7733,607,5853,611,4583,441,1582,704,0492,578,1252,823,0812,394,9201,965,6002,106,2831,926,0171,061,000
total assets5,232,0894,326,1434,036,0414,204,6294,232,0283,538,7413,142,4143,148,3082,681,0502,223,7592,408,7422,303,6011,516,701
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 595,685421,446346,700597,936447,784566,494422,116392,2431,113,199881,830741,402849,477416,855
Group/Directors Accounts28,218126,84240,884106,52938,182211,648261,557170,47900000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities2,185,5281,947,0691,907,2121,590,4401,871,208843,8021,000,6091,077,10300000
total current liabilities2,809,4312,495,3572,294,7962,294,9052,357,1741,621,9441,684,2821,639,8251,113,199881,830741,402849,477416,855
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities00000000000045,000
provisions38,12740,78747,48035,96632,45306,6046,6045,1435,2925,0967,6004,500
total long term liabilities38,12740,78747,48035,96632,45306,6046,6045,1435,2925,0967,60049,500
total liabilities2,847,5582,536,1442,342,2762,330,8712,389,6271,621,9441,690,8861,646,4291,118,342887,122746,498857,077466,355
net assets2,384,5311,789,9991,693,7651,873,7581,842,4011,916,7971,451,5281,501,8791,562,7081,336,6371,662,2441,446,5241,050,346
total shareholders funds2,384,5311,789,9991,693,7651,873,7581,842,4011,916,7971,451,5281,501,8791,562,7081,336,6371,662,2441,446,5241,050,346
Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit1,376,794135,326-205,06935,195-77,266573,649-248,605-61,863284,365-1,199,718282,612533,9401,282,297
Depreciation12,75614,45715,14216,54415,891020,29720,79318,92223,22313,43214,03712,569
Amortisation83,60479,49770,56454,57138,640020,9668,430090,00090,00090,00090,000
Tax372,633-7,2900-7,3550-109,13700-60,0950-68,122-139,198-359,130
Stock0000000000000
Debtors1,935,919-816,392-545,504606,085210,990318,738-275,316736,688401,609-453,993613,009540,359941,894
Creditors174,23974,746-251,236150,152-118,710144,37829,873-720,956231,369140,428-108,075432,622416,855
Accruals and Deferred Income238,45939,857316,772-280,7681,027,406-156,807-76,4941,077,10300000
Deferred Taxes & Provisions-2,660-6,69311,5143,51332,453-6,60401,461-149196-2,5043,1004,500
Cash flow from operations319,9061,146,292503,191-634,233707,424126,74121,353-411,72072,803-491,878-405,666394,142505,197
Investing Activities
capital expenditure-92,569-61,866-142,599-99,277-84,97412,498-77,672-80,505-25,639-73,679-3,677-24,760-417,511
Change in Investments-222-54,828210018,6276,01328,97700457135,415
cash flow from investments-92,547-61,868-87,771-99,298-84,97412,498-96,299-86,518-54,616-73,679-3,677-25,217-552,926
Financing Activities
Bank loans0000000000000
Group/Directors Accounts-98,62485,958-65,64568,347-173,466-49,90991,078170,47900000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities00000000000-45,00045,000
share issue-1,367,779-47,52224,750000197,50000873,13110126,868
interest13,54515,7203263,5182,8707577541,0341,8019801,2291,436311
cash flow from financing-1,452,85854,156-40,56971,865-170,596-49,152289,332171,5131,801874,1111,230-43,564172,179
cash and cash equivalents
cash-1,026,1601,138,580374,851-661,667451,85490,087214,386-326,72519,988308,554-408,113325,361124,450
overdraft0000000000000
change in cash-1,026,1601,138,580374,851-661,667451,85490,087214,386-326,72519,988308,554-408,113325,361124,450

P&L

June 2022

turnover

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 2022

net 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

SIONNACH LTD

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.

charges

qubix international limited Companies House Filings - See Documents

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