QUANTIFICATION & ESTIMATING SERVICES LIMITED

Executive Summary

Quantification & Estimating Services Limited is a micro-sized quantity surveying consultancy positioned as a niche player within the UK cost consultancy sector. Its financials reflect typical characteristics of small-scale specialist firms with limited assets and a single employee, operating in a market influenced by construction industry cycles and increasing technological demands. While agile and low-cost, its competitive position is constrained by scale and resource limitations compared to larger firms offering integrated services.

QUANTIFICATION & ESTIMATING SERVICES LIMITED - Analysis Report

Company Number: 13273271

Analysis Date: 2025-07-20 16:56 UTC

1. Industry Classification
   Quantification & Estimating Services Limited operates primarily within the "Quantity surveying activities" sector, classified under SIC code 74902. This sector involves cost consultancy and management services related to construction projects, including cost estimation, budgeting, and financial control. Quantity surveying firms typically serve construction companies, developers, and architects by providing expertise to ensure projects are delivered within budget and financial risks are managed. The sector is characterized by its reliance on professional expertise, project-based engagements, and sensitivity to construction industry cycles.

2. Relative Performance
   As a micro-entity (per Companies House criteria: turnover ≤ £632k, balance sheet ≤ £316k, ≤ 10 employees), Quantification & Estimating Services Ltd is at the smallest end of the sector scale. Its financials for the year ending March 2024 show total net assets of £6,305 and a small fixed asset base (£11,500), with just one employee on average. Compared to typical quantity surveying firms, which can range from micro to large scale, this company is a very small, possibly sole practitioner operation. Larger firms in this sector often have substantial turnover, higher asset bases, and multiple employees providing a range of consultancy services. This company’s reduced net assets and modest current assets reflect its micro size and possibly limited project scale or client base.

3. Sector Trends Impact
   The quantity surveying sector is influenced by the broader construction industry's health, which is subject to economic cycles, government infrastructure spending, and regulatory changes such as building standards and sustainability requirements. Recent trends include increased digitization (use of BIM and cost management software), a growing emphasis on sustainability and green building practices, and supply chain cost volatility. For a micro-sized quantity surveying firm like this one, these trends can present both opportunities (niche expertise in sustainable cost estimating) and challenges (investment in technology, competition from larger consultancies offering integrated services). The company's small scale may limit its exposure to large projects but also allow agility in servicing specialized or local clients.

4. Competitive Positioning
   Quantification & Estimating Services Ltd appears to be a niche player within quantity surveying, likely operating as a single-director consultancy. Strengths include low overheads and potentially personalized client service. However, its financial position and size suggest limited resources for marketing, technology adoption, or scaling operations compared to mid-sized and large firms. The company’s net assets decreased from £15,167 in 2023 to £6,305 in 2024, partly due to an increase in long-term liabilities (£8,309), indicating potential cash flow or financing constraints. This is a typical challenge for micro firms competing against established players who can leverage broader service offerings and client relationships. The absence of audit requirements and micro-entity filing status reflect minimal regulatory burdens, which can be advantageous for administrative efficiency.