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Company No. 08540387 · Incorporated 22 May 2013

Quality Part X Limited

Registered name: QUALITY PART X LIMITED

Quality Part X Limited made £73.8m revenue and £476k profit in the year to 31 Mar 2025. read from filing text

Quality Part X Limited’s revenue was £73.8m in the year to 31 Mar 2025, with £476k profit and 21 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in Stevenage; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45112Sale of used cars and light motor vehicles
Status
Active
Location
Stevenage, East of England
Age
13 yrs · since 2013
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. From the filing: “The company is controlled by Mr. B Affoury.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightCash flow filed
Revenue
£73.8m
Growth —
Profit
£476k
Growth —
Profit margin
0.7%
Gross 4.9%
Employees
21
Change —
Profit / employee
£22.7k
Revenue/employee £3.5m
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£70.2m£71m£103m£73.8m
Cost of sales£66.4m£67m£98.1m£70.2m
Gross profit£3.7m£4m£4.6m£3.6m
Operating profit£1.4m£1.5m£296k£769k
Profit before tax£1.3m£1.4m£131k£698k
Profit after tax£1.1m£1.2m£56.7k£476k
Profit (best available)£1.1m£1.2m£56.7k£476k
Employees (average)16161821
Ratios
Profit margin1.6%1.6%0.1%0.7%
Gross margin5.3%5.6%4.4%4.9%
Revenue per employee£4.4m£4.4m£5.7m£3.5m
Profit per employee£68.3k£72.9k£3.1k£22.7k
Cash conversion−115.8%−129.6%−657.5%63.4%
Growth (year on year)
Revenue growth—▲1.1%——
Profit growth—▲6.7%——
Headcount growth—0%——
Balance sheet — indirect signals, not revenue
Cash at bank£380k£1.2m£1.2m£492k
Net assets£4.7m£5.9m£6m£6.4m
Fixed assets£2.9m£3.3m£3.1m£3m
Current assets£12.3m£17.6m£11.6m£12m
Debtors£256k£754k£473k£403k
Deferred income£134k£137k£172k£210k
Cash from operations−£1.6m−£1.9m−£1.9m£488k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Mar 2025FullAccounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
0.7%
Profit ÷ revenue.
Gross margin
4.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£3.5m
Revenue ÷ average employees.
Profit per employee
£22.7k
Profit ÷ average employees.
Cash conversion
63.4%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.5%
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
—
Now £6.4m
Cash at bank
—
Now £492k
Headcount
—
Now 21
Deferred income
—
Now £210k
Fixed assets
—
Now £3m

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

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £476k), from the Companies House accounts bulk data published Jun 2026. 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.