ultratest systems limited
ultratest systems limited Company Information
Company Number
04113211
Next Accounts
Sep 2025
Shareholders
steel mont holding ltd
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
63 kings cross road, london, WC1X 9LN
Website
http://steelmont.co.ukultratest systems limited Estimated Valuation
Pomanda estimates the enterprise value of ULTRATEST SYSTEMS LIMITED at £144.3k based on a Turnover of £208.7k and 0.69x industry multiple (adjusted for size and gross margin).
ultratest systems limited Estimated Valuation
Pomanda estimates the enterprise value of ULTRATEST SYSTEMS LIMITED at £379.4k based on an EBITDA of £83.4k and a 4.55x industry multiple (adjusted for size and gross margin).
ultratest systems limited Estimated Valuation
Pomanda estimates the enterprise value of ULTRATEST SYSTEMS LIMITED at £1.2m based on Net Assets of £605.3k and 1.96x industry multiple (adjusted for liquidity).
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Ultratest Systems Limited Overview
Ultratest Systems Limited is a live company located in london, WC1X 9LN with a Companies House number of 04113211. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in November 2000, it's largest shareholder is steel mont holding ltd with a 100% stake. Ultratest Systems Limited is a mature, micro sized company, Pomanda has estimated its turnover at £208.7k with rapid growth in recent years.
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Ultratest Systems Limited Health Check
Pomanda's financial health check has awarded Ultratest Systems Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
2 Weak
Size
annual sales of £208.7k, make it smaller than the average company (£1.2m)
- Ultratest Systems Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (7.9%)
- Ultratest Systems Limited
7.9% - Industry AVG
Production
with a gross margin of 41.7%, this company has a comparable cost of product (41.7%)
- Ultratest Systems Limited
41.7% - Industry AVG
Profitability
an operating margin of 39.9% make it more profitable than the average company (6.4%)
- Ultratest Systems Limited
6.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (15)
2 - Ultratest Systems Limited
15 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
- Ultratest Systems Limited
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £104.4k, this is equally as efficient (£104.4k)
- Ultratest Systems Limited
£104.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ultratest Systems Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ultratest Systems Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ultratest Systems Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ultratest Systems Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.9%, this is a lower level of debt than the average (48.1%)
28.9% - Ultratest Systems Limited
48.1% - Industry AVG
ULTRATEST SYSTEMS LIMITED financials
Ultratest Systems Limited's latest turnover from December 2023 is estimated at £208.7 thousand and the company has net assets of £605.3 thousand. According to their latest financial statements, Ultratest Systems Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,537,131 | 5,021,190 | 563,909 | 2,866,993 | 9,574,003 | 35,094,614 | 12,823,613 | ||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 4,343,885 | 5,156,382 | 374,044 | 2,813,947 | 8,574,321 | 34,089,264 | 12,252,554 | ||||||||
| Gross Profit | 193,246 | -135,193 | 189,864 | 53,046 | 999,682 | 1,005,350 | 571,058 | ||||||||
| Admin Expenses | 71,712 | 105,560 | 161,529 | 39,206 | 771,811 | 581,733 | 509,864 | ||||||||
| Operating Profit | 121,534 | -240,753 | 28,335 | 13,840 | 227,871 | 423,617 | 61,194 | ||||||||
| Interest Payable | 21,072 | 28,466 | 10,539 | 52,746 | 125,486 | 20,005 | |||||||||
| Interest Receivable | 34 | 11 | |||||||||||||
| Pre-Tax Profit | 100,462 | -269,219 | -15,431 | -138,561 | 175,126 | 298,165 | 41,201 | ||||||||
| Tax | -5,860 | -39,469 | -66,143 | -11,706 | |||||||||||
| Profit After Tax | 100,462 | -269,219 | -15,431 | -144,421 | 135,657 | 232,022 | 29,495 | ||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 100,462 | -269,219 | -15,431 | -144,421 | 135,657 | 232,022 | 29,495 | ||||||||
| Employee Costs | 6,775 | 38,302 | 90,835 | 137,685 | |||||||||||
| Number Of Employees | 2 | 2 | 1 | 1 | 1 | ||||||||||
| EBITDA* | 147,046 | -214,572 | 53,962 | 38,463 | 272,635 | 460,594 | 79,826 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 842,320 | 843,449 | 914,266 | 941,391 | 867,816 | 930,329 | 955,841 | 972,157 | 944,692 | 1,066,983 | 930,925 | 982,610 | 1,095,520 | 969,647 | 902,086 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 6,659 | 6,586 | 7,014 | 7,061 | 1 | 243,480 | 243,480 | 241,034 | 259,668 | 7,986 | 308,676 | 330,726 | 323,633 | 312,914 | |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 848,980 | 850,035 | 921,281 | 948,453 | 867,817 | 1,173,809 | 1,199,321 | 1,213,192 | 1,204,361 | 1,074,969 | 930,926 | 1,291,286 | 1,426,246 | 1,293,281 | 1,215,001 |
| Stock & work in progress | 126,757 | 523,387 | 231,773 | 933,370 | |||||||||||
| Trade Debtors | 68,909 | 486,246 | 3,451,006 | 4,328,388 | 8,112,845 | 4,393,095 | 209,701 | 2,158,094 | 97,785 | ||||||
| Group Debtors | 93,333 | 68,224 | |||||||||||||
| Misc Debtors | 2,539 | 2,542 | 2,674 | 1,607 | 207,675 | 563,509 | 130,518 | 598,126 | 369,179 | 1,599,436 | 699,333 | 274,376 | |||
| Cash | 5,530 | 134,069 | 313,328 | 254,158 | 469,231 | 735,607 | 318,377 | 399,485 | 245,707 | 20,654 | 24,350 | ||||
| misc current assets | 18,462 | ||||||||||||||
| total current assets | 2,540 | 2,543 | 2,675 | 1,607 | 282,114 | 790,912 | 512,071 | 1,338,531 | 4,416,172 | 5,063,995 | 8,449,684 | 5,315,967 | 2,286,618 | 3,811,452 | 396,511 |
| total assets | 851,520 | 852,578 | 923,955 | 950,060 | 1,149,932 | 1,964,720 | 1,711,392 | 2,551,723 | 5,620,534 | 6,138,964 | 9,380,610 | 6,607,253 | 3,712,864 | 5,104,733 | 1,611,511 |
| Bank overdraft | 398,875 | 107,212 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 16,072 | 15,450 | 130,082 | 1 | 154,985 | 71,560 | 86,785 | 6,906,865 | 1,655,834 | 133,080 | 1,999,234 | ||||
| Group/Directors Accounts | 821 | 821 | |||||||||||||
| other short term finances | 822,530 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 19,885 | 20,781 | 12,847 | 7,650 | 9,138 | 23,889 | 48,117 | 13,063 | 155,038 | 109,031 | |||||
| total current liabilities | 35,957 | 36,232 | 12,848 | 137,733 | 9,960 | 24,711 | 203,103 | 84,623 | 86,785 | 6,906,865 | 1,655,834 | 133,080 | 3,375,678 | 216,244 | |
| loans | 246,237 | 252,715 | 259,341 | 253,031 | 449,151 | 1,161,136 | 993,519 | 1,395,906 | 4,619,402 | 857,061 | 775,536 | ||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 4,884,352 | 1,498,123 | 3,789,542 | 2,552,285 | |||||||||||
| provisions | 26,027 | 1,992 | 5 | 448 | |||||||||||
| total long term liabilities | 246,238 | 252,716 | 259,341 | 253,032 | 449,152 | 1,161,137 | 993,520 | 1,395,907 | 4,619,403 | 4,910,380 | 1,498,124 | 3,791,535 | 2,552,291 | 857,061 | 775,984 |
| total liabilities | 246,238 | 288,673 | 295,573 | 265,880 | 586,885 | 1,171,097 | 1,018,231 | 1,599,009 | 4,704,026 | 4,997,165 | 8,404,989 | 5,447,369 | 2,685,370 | 4,232,739 | 992,228 |
| net assets | 605,282 | 563,905 | 628,382 | 684,180 | 563,046 | 793,624 | 693,161 | 952,713 | 916,508 | 1,141,799 | 975,621 | 1,159,884 | 1,027,494 | 871,994 | 619,284 |
| total shareholders funds | 605,282 | 563,905 | 628,382 | 684,180 | 563,046 | 793,624 | 693,161 | 952,713 | 916,508 | 1,141,799 | 975,621 | 1,159,884 | 1,027,494 | 871,994 | 619,284 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 121,534 | -240,753 | 28,335 | 13,840 | 227,871 | 423,617 | 61,194 | ||||||||
| Depreciation | 25,789 | 27,125 | 27,124 | 24,304 | 25,512 | 26,180 | 25,627 | 24,623 | 61,751 | 122,848 | 38,397 | 44,764 | 36,977 | 18,632 | |
| Amortisation | |||||||||||||||
| Tax | -5,860 | -39,469 | -66,143 | -11,706 | |||||||||||
| Stock | -126,757 | 126,757 | -523,387 | 291,614 | -701,597 | 933,370 | |||||||||
| Debtors | -3 | -132 | 1,067 | -274,977 | -380,258 | 458,099 | -885,630 | -2,735,812 | -508,203 | -3,784,457 | 3,719,750 | 2,583,958 | -1,048,291 | 2,485,267 | 372,161 |
| Creditors | -16,072 | 621 | 15,450 | -130,082 | 130,082 | -1 | -154,984 | 83,425 | -15,225 | -6,820,081 | 5,251,031 | 1,522,755 | -1,866,155 | 1,999,234 | |
| Accruals and Deferred Income | -19,885 | -896 | 7,934 | 5,197 | -1,488 | -14,751 | -24,228 | 35,054 | 13,063 | -155,038 | 46,007 | 109,031 | |||
| Deferred Taxes & Provisions | -26,027 | 26,027 | -1,992 | 1,987 | 5 | -448 | 448 | ||||||||
| Cash flow from operations | -325,805 | 491,845 | 3,035,010 | 385,860 | -38,134 | -979,393 | -194,562 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 74 | -428 | -47 | 7,060 | -243,479 | 2,445 | -18,634 | 251,683 | 7,986 | -308,676 | -22,050 | 7,092 | 10,720 | 312,914 | |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -821 | 821 | |||||||||||||
| Other Short Term Loans | -822,530 | 822,530 | |||||||||||||
| Long term loans | -6,478 | -6,626 | 6,310 | -196,120 | -711,985 | 167,617 | -402,387 | -3,223,496 | 4,619,402 | -857,061 | 81,525 | 775,536 | |||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -4,884,352 | 3,386,229 | -2,291,419 | 1,237,257 | 2,552,285 | ||||||||||
| share issue | |||||||||||||||
| interest | -21,072 | -28,466 | -10,539 | -52,746 | -125,452 | -19,994 | |||||||||
| cash flow from financing | 146,546 | -420,366 | -3,182,398 | -345,821 | 839,791 | 799,291 | 1,345,331 | ||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -5,530 | -128,539 | -179,259 | 59,170 | -215,073 | -266,376 | 417,230 | -81,108 | 153,777 | 225,053 | -3,696 | 24,350 | |||
| overdraft | -398,875 | 291,663 | 107,212 | ||||||||||||
| change in cash | -5,530 | -128,539 | -179,259 | 59,170 | -215,073 | -266,376 | 417,230 | -81,108 | 153,777 | 623,928 | -295,359 | -82,862 |
ultratest systems limited Credit Report and Business Information
Ultratest Systems Limited Competitor Analysis
Perform a competitor analysis for ultratest systems limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in WC1X area or any other competitors across 12 key performance metrics.
ultratest systems limited Ownership
ULTRATEST SYSTEMS LIMITED group structure
Ultratest Systems Limited has no subsidiary companies.
Ultimate parent company
STEELMONT HOLDING LTD
#0034187
1 parent
ULTRATEST SYSTEMS LIMITED
04113211
ultratest systems limited directors
Ultratest Systems Limited currently has 2 directors. The longest serving directors include Mr Hardeep Beri (Apr 2013) and Mr Anil Nigam (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hardeep Beri | England | 55 years | Apr 2013 | - | Director |
| Mr Anil Nigam | United Kingdom | 59 years | Jul 2021 | - | Director |
P&L
December 2023turnover
208.7k
+36%
operating profit
83.4k
0%
gross margin
41.8%
+0.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
605.3k
+0.07%
total assets
851.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
ultratest systems limited company details
company number
04113211
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
November 2000
age
25
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
63 kings cross road, london, WC1X 9LN
Bank
-
Legal Advisor
-
ultratest systems 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 3 charges/mortgages relating to ultratest systems limited. Currently there are 3 open charges and 0 have been satisfied in the past.
ultratest systems 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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ultratest systems limited Companies House Filings - See Documents
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