How much does Quality Save Limited make?

Quality Save Limited reported revenue of £20.6m and a loss of £109k in the year to 30 Jun 2024, according to its accounts filed at Companies House.

How many employees does Quality Save Limited have?

Quality Save Limited reported an average of 168 employees in the year to 30 Jun 2024.

Is Quality Save Limited profitable?

No — Quality Save Limited reported a loss of £109k in the year to 30 Jun 2024.

Company No. 06920326 · Incorporated 1 Jun 2009

Quality Save Limited

Registered name: QUALITY SAVE LIMITED

Part of T J Morris Group Limited group

Quality Save Limited made £20.6m revenue and a £109k loss in the year to 30 Jun 2024.

Quality Save Limited’s revenue fell 70% to £20.6m in the year to 30 Jun 2024, with a loss of £109k and 168 employees. The company is classified under “other retail sale in non-specialised stores” and is based in Liverpool; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47190Other retail sale in non-specialised stores

Status: Active
Location: Liverpool, North West
Age: 17 yrs · since 2009
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 30 Jun 2024

Key figures

Capital-light

Revenue

£20.6m

Growth ▼69.9%

Profit

−£109k

Growth ▼110%

Profit margin

−0.5%

Gross 21%

Employees

168

Change ▼68.4%

Profit / employee

−£650

Revenue/employee £122k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023	30 Jun 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£84.4m	£68.3m	£20.6m
Cost of sales	£65m	£53.8m	£16.3m
Gross profit	£19.4m	£14.5m	£4.3m
Operating profit	£3.4m	£1.7m	−£50.7k
Profit before tax	£3.4m	£1.7m	£894
Profit after tax	£2.5m	£1.1m	−£109k
Profit (best available)	£2.5m	£1.1m	−£109k
Staff costs	£9.4m	£7.3m	£2.8m
Employees (average)	599	531	168
Ratios
Profit margin	3%	1.6%	−0.5%
Gross margin	23%	21.2%	21%
Revenue per employee	£141k	£129k	£122k
Profit per employee	£4.2k	£2k	−£650
Growth (year on year)
Revenue growth	—	—	▼69.9%
Profit growth	—	—	▼110%
Headcount growth	—	—	▼68.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.7m	£11m	£2.2m
Net assets	£13.1m	£14.1m	£14m
Fixed assets	£5.4m	£2.5m	£0
Current assets	£11.6m	£14.3m	£14.4m
Debtors	£0	£4.5k	£0
Deferred income	£1.5m	£788k	£213k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −0.5%; Profit ÷ revenue.
Gross margin: 21%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £122k; Revenue ÷ average employees.
Profit per employee: −£650; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼1%; Now £14m
Cash at bank: ▼80%; Now £2.2m
Headcount: ▼68%; Now 168
Deferred income: ▼73%; Now £213k
Fixed assets: ▼100%; Now £0

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

T J Morris Group Limitedultimate parent75–100%
T. J. Morris Limited75–100%
Quality Save Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Axis Business Park Liverpool Management Company LimitedFigures not disclosed
Bellamile LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2024 (profit −£109k), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.