How much does Q1 Cars Ltd make?

Q1 Cars Ltd reported revenue of £43.7k and £4.9k profit in the year to 30 Sep 2024, according to its accounts filed at Companies House.

How many employees does Q1 Cars Ltd have?

Q1 Cars Ltd reported an average of 1 employee in the year to 30 Sep 2024.

Is Q1 Cars Ltd profitable?

Yes — Q1 Cars Ltd reported a profit of £4.9k in the year to 30 Sep 2024.

Company No. 12850876 · Incorporated 1 Sep 2020

Q1 Cars Ltd

Registered name: Q1 CARS LTD

Q1 Cars Ltd made £43.7k revenue and £4.9k profit in the year to 30 Sep 2024.

Q1 Cars Ltd’s revenue fell 65% to £43.7k in the year to 30 Sep 2024, with £4.9k profit and 1 employee. The company is classified under “sale of used cars and light motor vehicles” and is based in Slough; we hold 3 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: Slough, South East
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 30 Sep 2024

Key figures

IndependentSmall teamCapital-lightYoung and profitable

Revenue

£43.7k

Growth ▼64.8%

Profit

£4.9k

Growth ▼40.2%

Profit margin

11.3%

Employees

Change 0%

Profit / employee

£4.9k

Revenue/employee £43.7k

Profitable streak

3yrs

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 Sep 2022	30 Sep 2023	30 Sep 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£98.1k	£124k	£43.7k
Profit after tax	£5.4k	£8.3k	£4.9k
Profit (best available)	£5.4k	£8.3k	£4.9k
Employees (average)	—	1	1
Ratios
Profit margin	5.5%	6.7%	11.3%
Revenue per employee	—	£124k	£43.7k
Profit per employee	—	£8.3k	£4.9k
Growth (year on year)
Revenue growth	—	▲26.7%	▼64.8%
Profit growth	—	▲53.8%	▼40.2%
Headcount growth	—	—	0%
Balance sheet — indirect signals, not revenue
Net assets	£5.5k	£8.3k	£5k
Fixed assets	£5.4k	£6.5k	£2.5k
Current assets	£17.7k	£22.1k	£10.1k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 11.3%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £43.7k; Revenue ÷ average employees.
Profit per employee: £4.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▼39%; Now £5k
Cash at bank: —; Now —
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: ▼62%; Now £2.5k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £4.9k), from the Companies House accounts bulk data published Oct 2025. 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.