Qik Buy Ltd
Registered name: QIK BUY LTD
Qik Buy Ltd made £1.7m revenue and £79.4k profit in the year to 30 Sep 2024.
Qik Buy Ltd’s revenue grew 1095% to £1.7m in the year to 30 Sep 2024, with £79.4k profit and 3 employees. The company is classified under “agents involved in the sale of a variety of goods” and is based in Birmingham; we hold 4 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Birmingham, West Midlands
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2021 | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £139k | £1.7m |
| Profit before tax | — | — | £7.6k | £103k |
| Profit after tax | — | — | £7.6k | £79.4k |
| Profit (best available) | — | — | £7.6k | £79.4k |
| Staff costs | — | — | £31.1k | £28.4k |
| Employees (average) | 1 | 2 | 3 | 3 |
| Ratios | ||||
| Profit margin | — | — | 5.5% | 4.8% |
| Revenue per employee | — | — | £46.4k | £554k |
| Profit per employee | — | — | £2.5k | £26.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲1095% |
| Profit growth | — | — | — | ▲944.8% |
| Headcount growth | — | ▲100% | ▲50% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£32.4k | −£30.8k | −£23.2k | £56.2k |
| Fixed assets | £640 | £512 | £410 | £29.9k |
| Current assets | £24.2k | £113k | £179k | £755k |
| Deferred income | −£2 | £0 | £1 | £5.4k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 4.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £554k
- Revenue ÷ average employees.
- Profit per employee
- £26.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.8%
- 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
- —
- Money owed by customers. Low = customers pay quickly.
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 £56.2k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 3
- Deferred income
- ▲540000%
- Now £5.4k
- Fixed assets
- ▲7180%
- Now £29.9k
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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- Staff
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £79.4k), 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.