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Company No. 15205319 · Incorporated 11 Oct 2023

Qmin Removal Ltd

Registered name: QMIN REMOVAL LTD

Qmin Removal Ltd made £995k revenue and £87.8k profit in the year to 31 Oct 2025.

Qmin Removal Ltd’s revenue grew 18% to £995k in the year to 31 Oct 2025, with £87.8k profit and 33 employees. The company is classified under “removal services” and is based in West Byfleet; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49420Removal services
Status
Active
Location
West Byfleet, London
Age
3 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 31 Oct 2025

Key figures

IndependentYoung and profitableBoring industry
Revenue
£995k
Growth ▲17.6%
Profit
£87.8k
Growth ▼42.2%
Profit margin
8.8%
Gross 70.5%
Employees
33
Change ▲230%
Profit / employee
£2.7k
Revenue/employee £30.2k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 202431 Oct 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£846k£995k
Cost of sales£230k£294k
Gross profit£617k£701k
Operating profit£169k£109k
Profit before tax£163k£101k
Profit after tax£152k£87.8k
Profit (best available)£152k£87.8k
Employees (average)1033
Ratios
Profit margin17.9%8.8%
Gross margin72.9%70.5%
Revenue per employee£84.6k£30.2k
Profit per employee£15.2k£2.7k
Growth (year on year)
Revenue growth—▲17.6%
Profit growth—▼42.2%
Headcount growth—▲230%
Balance sheet — indirect signals, not revenue
Cash at bank£59.2k£250k
Net assets£533k£1.1m
Fixed assets£328k£369k
Current assets£295k£1.3m
Debtors£121k£121k
Deferred income£3k£9.7k
SourceFullAccounts · bulk data Jan 2025FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
8.8%
Profit ÷ revenue.
Gross margin
70.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£30.2k
Revenue ÷ average employees.
Profit per employee
£2.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
37%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.2%
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
▲104%
Now £1.1m
Cash at bank
▲322%
Now £250k
Headcount
▲230%
Now 33
Deferred income
▲221%
Now £9.7k
Fixed assets
▲12%
Now £369k

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 Oct 2025 (profit £87.8k), from the Companies House accounts bulk data published Nov 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.