royletest limited
royletest limited Company Information
Company Number
01462205
Next Accounts
Dec 2025
Shareholders
mr michael john testler
trustee of mr m.j. testler & ruth sally testler no 2 children trust
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
causeway house 1 dane street, bishops stortford, hertfordshire, CM23 3BT
Website
-royletest limited Estimated Valuation
Pomanda estimates the enterprise value of ROYLETEST LIMITED at £2.6m based on a Turnover of £826.9k and 3.18x industry multiple (adjusted for size and gross margin).
royletest limited Estimated Valuation
Pomanda estimates the enterprise value of ROYLETEST LIMITED at £3.5m based on an EBITDA of £533.7k and a 6.54x industry multiple (adjusted for size and gross margin).
royletest limited Estimated Valuation
Pomanda estimates the enterprise value of ROYLETEST LIMITED at £19m based on Net Assets of £11.3m and 1.68x industry multiple (adjusted for liquidity).
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Royletest Limited Overview
Royletest Limited is a live company located in hertfordshire, CM23 3BT with a Companies House number of 01462205. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 1979, it's largest shareholder is mr michael john testler with a 75% stake. Royletest Limited is a mature, small sized company, Pomanda has estimated its turnover at £826.9k with declining growth in recent years.
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Royletest Limited Health Check
Pomanda's financial health check has awarded Royletest Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £826.9k, make it in line with the average company (£873.4k)
- Royletest Limited
£873.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (4%)
- Royletest Limited
4% - Industry AVG
Production
with a gross margin of 71.5%, this company has a comparable cost of product (71.5%)
- Royletest Limited
71.5% - Industry AVG
Profitability
an operating margin of 64.5% make it more profitable than the average company (28.2%)
- Royletest Limited
28.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Royletest Limited
4 - Industry AVG
Pay Structure
on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)
- Royletest Limited
£35.4k - Industry AVG
Efficiency
resulting in sales per employee of £275.6k, this is more efficient (£189k)
- Royletest Limited
£189k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (28 days)
- Royletest Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (35 days)
- Royletest Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Royletest Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (10 weeks)
33 weeks - Royletest Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7%, this is a lower level of debt than the average (63.2%)
7% - Royletest Limited
63.2% - Industry AVG
ROYLETEST LIMITED financials
Royletest Limited's latest turnover from March 2024 is estimated at £826.9 thousand and the company has net assets of £11.3 million. According to their latest financial statements, Royletest Limited has 3 employees and maintains cash reserves of £327.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 805,595 | 823,627 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 63,300 | 60,471 | |||||||||||||
| Gross Profit | 742,295 | 763,156 | |||||||||||||
| Admin Expenses | 809,378 | 150,486 | |||||||||||||
| Operating Profit | -67,083 | 612,670 | |||||||||||||
| Interest Payable | 140,942 | 166,563 | |||||||||||||
| Interest Receivable | 817 | 4,316 | |||||||||||||
| Pre-Tax Profit | -207,208 | 450,423 | |||||||||||||
| Tax | 257,379 | -121,868 | |||||||||||||
| Profit After Tax | 50,171 | 328,555 | |||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 50,171 | 328,555 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 4 | 3 | 3 | 3 | 4 | 2 | 2 | 2 | ||||||
| EBITDA* | -67,083 | 612,670 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 8,675,000 | 6,425,000 | 6,975,000 | 11,225,000 | 11,535,000 | 12,335,000 | 12,615,000 | 14,155,000 | 15,045,000 | 15,605,000 | 11,655,000 | 11,085,000 | 11,114,000 | 11,091,000 | 10,712,000 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 8,675,000 | 6,425,000 | 6,975,000 | 11,225,000 | 11,535,000 | 12,335,000 | 12,615,000 | 14,155,000 | 15,045,000 | 15,605,000 | 11,655,000 | 11,085,000 | 11,114,000 | 11,091,000 | 10,712,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 108,564 | 123,801 | 123,341 | 167,325 | 1,214 | 205,349 | 204,815 | 13,226 | 27,959 | 65,217 | 4,361 | 4,722 | 8,156 | 5,222 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 3,027,886 | 4,784,434 | 30,988 | 1,202 | 117 | 9,149 | |||||||||
| Cash | 327,202 | 557,046 | 5,785,475 | 133,031 | 216,972 | 120,495 | 97,844 | 506,676 | 486,797 | 245,849 | 323,213 | 505,746 | 446,222 | 435,908 | 387,512 |
| misc current assets | |||||||||||||||
| total current assets | 3,463,652 | 5,465,281 | 5,939,804 | 300,356 | 218,186 | 325,844 | 303,861 | 520,019 | 495,946 | 273,808 | 388,430 | 510,107 | 450,944 | 444,064 | 392,734 |
| total assets | 12,138,652 | 11,890,281 | 12,914,804 | 11,525,356 | 11,753,186 | 12,660,844 | 12,918,861 | 14,675,019 | 15,540,946 | 15,878,808 | 12,043,430 | 11,595,107 | 11,564,944 | 11,535,064 | 11,104,734 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 7,024 | 5,221 | 1,309,218 | 1,215,540 | 1,144,681 | 3,713,696 | 784,236 | 803,876 | |||||||
| Group/Directors Accounts | 776,315 | 737,815 | |||||||||||||
| other short term finances | 358,335 | 290,160 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 498,982 | 697,250 | 1,379,163 | 1,630,702 | 1,896,201 | 2,291,294 | 1,799,772 | 3,345,002 | 4,310,542 | ||||||
| total current liabilities | 506,006 | 702,471 | 1,379,163 | 1,630,702 | 1,896,201 | 2,291,294 | 2,576,087 | 4,441,152 | 4,600,702 | 1,309,218 | 1,215,540 | 1,144,681 | 3,713,696 | 784,236 | 803,876 |
| loans | 406,226 | 685,817 | 919,033 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 4,396,386 | 2,615,302 | 2,916,166 | 517,888 | 3,050,752 | 3,050,752 | |||||||||
| provisions | 341,010 | 313,821 | 451,321 | 587,572 | 614,452 | 682,268 | 728,074 | 763,444 | 1,113,766 | ||||||
| total long term liabilities | 341,010 | 313,821 | 451,321 | 587,572 | 614,452 | 682,268 | 728,074 | 763,444 | 1,519,992 | 4,396,386 | 2,615,302 | 2,916,166 | 517,888 | 3,736,569 | 3,969,785 |
| total liabilities | 847,016 | 1,016,292 | 1,830,484 | 2,218,274 | 2,510,653 | 2,973,562 | 3,304,161 | 5,204,596 | 6,120,694 | 5,705,604 | 3,830,842 | 4,060,847 | 4,231,584 | 4,520,805 | 4,773,661 |
| net assets | 11,291,636 | 10,873,989 | 11,084,320 | 9,307,082 | 9,242,533 | 9,687,282 | 9,614,700 | 9,470,423 | 9,420,252 | 10,173,204 | 8,212,588 | 7,534,260 | 7,333,360 | 7,014,259 | 6,331,073 |
| total shareholders funds | 11,291,636 | 10,873,989 | 11,084,320 | 9,307,082 | 9,242,533 | 9,687,282 | 9,614,700 | 9,470,423 | 9,420,252 | 10,173,204 | 8,212,588 | 7,534,260 | 7,333,360 | 7,014,259 | 6,331,073 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -67,083 | 612,670 | |||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 257,379 | -121,868 | |||||||||||||
| Stock | |||||||||||||||
| Debtors | -1,771,785 | 4,753,906 | -12,996 | 166,111 | -204,135 | -668 | 192,674 | 4,194 | -18,810 | -37,258 | 60,856 | -361 | -3,434 | 2,934 | 5,222 |
| Creditors | 1,803 | 5,221 | -1,309,218 | 93,678 | 70,859 | -2,569,015 | 2,929,460 | -19,640 | 803,876 | ||||||
| Accruals and Deferred Income | -198,268 | -681,913 | -251,539 | -265,499 | -395,093 | 491,522 | -1,545,230 | -965,540 | 4,310,542 | ||||||
| Deferred Taxes & Provisions | 27,189 | -137,500 | -136,251 | -26,880 | -67,816 | -45,806 | -35,370 | -350,322 | 1,113,766 | ||||||
| Cash flow from operations | -1,129,760 | 4,624,702 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 2,250,000 | -550,000 | -4,250,000 | -310,000 | -800,000 | -280,000 | -1,540,000 | -890,000 | -560,000 | 3,950,000 | 570,000 | -29,000 | 23,000 | 379,000 | 10,712,000 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -776,315 | 38,500 | 737,815 | ||||||||||||
| Other Short Term Loans | -358,335 | 68,175 | 290,160 | ||||||||||||
| Long term loans | -406,226 | 406,226 | -685,817 | -233,216 | 919,033 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -4,396,386 | 1,781,084 | -300,864 | 2,398,278 | -2,532,864 | 3,050,752 | |||||||||
| share issue | |||||||||||||||
| interest | -140,125 | -162,247 | |||||||||||||
| cash flow from financing | 259,639 | -4,943,754 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -229,844 | -5,228,429 | 5,652,444 | -83,941 | 96,477 | 22,651 | -408,832 | 19,879 | 240,948 | -77,364 | -182,533 | 59,524 | 10,314 | 48,396 | 387,512 |
| overdraft | |||||||||||||||
| change in cash | -229,844 | -5,228,429 | 5,652,444 | -83,941 | 96,477 | 22,651 | -408,832 | 19,879 | 240,948 | -77,364 | -182,533 | 59,524 | 10,314 | 48,396 | 387,512 |
royletest limited Credit Report and Business Information
Royletest Limited Competitor Analysis
Perform a competitor analysis for royletest limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in CM23 area or any other competitors across 12 key performance metrics.
royletest limited Ownership
ROYLETEST LIMITED group structure
Royletest Limited has no subsidiary companies.
Ultimate parent company
ROYLETEST LIMITED
01462205
royletest limited directors
Royletest Limited currently has 5 directors. The longest serving directors include Mrs Ruth Testler (Mar 2016) and Mr Andrew Miles (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Ruth Testler | United Kingdom | 71 years | Mar 2016 | - | Director |
| Mr Andrew Miles | United Kingdom | 66 years | Jul 2017 | - | Director |
| Mr Andrew Miles | United Kingdom | 66 years | Jul 2017 | - | Director |
| Ms Naomi Testler | United Kingdom | 34 years | Feb 2022 | - | Director |
| Ms Naomi Testler | United Kingdom | 34 years | Feb 2022 | - | Director |
P&L
March 2024turnover
826.9k
-13%
operating profit
533.7k
0%
gross margin
71.5%
+1.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
11.3m
+0.04%
total assets
12.1m
+0.02%
cash
327.2k
-0.41%
net assets
Total assets minus all liabilities
royletest limited company details
company number
01462205
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68100 - Buying and selling of own real estate
incorporation date
November 1979
age
46
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
PRICE BAILEY LLP
auditor
-
address
causeway house 1 dane street, bishops stortford, hertfordshire, CM23 3BT
Bank
COUTTS & CO
Legal Advisor
-
royletest limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 19 charges/mortgages relating to royletest limited. Currently there are 2 open charges and 17 have been satisfied in the past.
royletest limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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royletest limited Companies House Filings - See Documents
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