Test Cradle Solutions Limited

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test cradle solutions limited Company Information

Live

EstablishedMicroHealthy

Company Number

06621154

Website

Registered Address

victoria house, 18 dalston gardens, stanmore, middlesex, HA7 1BU

Industry

Computer consultancy activities

Telephone

Next Accounts Due

August 2025

Group Structure

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Directors

Kushal Shah16 Years

Shareholders

kushal shah 75%

karuna shah 25%

test cradle solutions limited Estimated Valuation

£153.4k

Pomanda estimates the enterprise value of TEST CRADLE SOLUTIONS LIMITED at £153.4k based on a Turnover of £291.2k and 0.53x industry multiple (adjusted for size and gross margin).

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Test Cradle Solutions Limited is a live company located in stanmore, HA7 1BU with a Companies House number of 06621154. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2008, it's largest shareholder is kushal shah with a 75% stake. Test Cradle Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £291.2k with healthy growth in recent years.

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Pomanda's financial health check has awarded Test Cradle Solutions Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

1 Regular

5 Weak

Size

annual sales of £291.2k, make it smaller than the average company (£1m)

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.9%)

EXPORT

Test Cradle Solutions Limited's latest turnover from November 2023 is estimated at £291.2 thousand and the company has net assets of £42.3 thousand. According to their latest financial statements, Test Cradle Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011
Turnover	291,232	227,778	254,219	226,808	218,682	33,235	27,831	74,460	49,884	85,745	21,079	81,822	7,871
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	215,396	164,665	188,812	162,929	154,035	23,523	19,456	50,047	34,477	57,755	13,806	53,024	5,160
Gross Profit	75,836	63,113	65,407	63,879	64,647	9,712	8,376	24,413	15,407	27,990	7,273	28,798	2,711
Admin Expenses	45,176	42,580	64,685	63,820	62,823	11,894	6,954	24,119	34,277	4,481	10,489	39,955	-16,536
Operating Profit	30,660	20,533	722	59	1,824	-2,182	1,422	294	-18,870	23,509	-3,216	-11,157	19,247
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	380	625	267	100	165	91	153	180	49
Pre-Tax Profit	30,660	20,533	722	59	2,204	-1,557	1,689	394	-18,705	23,600	-3,063	-10,977	19,296
Tax	-7,665	-3,901	-137	-11	-419	0	-321	-79	0	-4,956	0	0	-5,017
Profit After Tax	22,995	16,632	585	48	1,785	-1,557	1,368	315	-18,705	18,644	-3,063	-10,977	14,279
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	22,995	16,632	585	48	1,785	-1,557	1,368	315	-18,705	18,644	-3,063	-10,977	14,279
Employee Costs	54,269	49,667	46,548	43,640	48,340	54,179	48,693	57,858	57,534	57,651	54,485	54,234	53,625
Number Of Employees	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA*	30,660	20,533	722	59	1,824	-2,103	1,521	418	-18,715	24,108	-2,524	-10,559	19,411

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011
Tangible Assets	104	130	162	203	254	317	396	495	619	774	5,018	4,894	492
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	104	130	162	203	254	317	396	495	619	774	5,018	4,894	492
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	144,201	113,872	126,779	123,482	111,055	13,200	11,340	18,630	9,600	21,420	0	0	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	101,291	65,331	41,429	38,288	27,574	8,783	52,575	19,568
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	144,201	113,872	126,779	123,482	111,055	114,491	76,671	60,059	47,888	48,994	8,783	52,575	19,568
total assets	144,305	114,002	126,941	123,685	111,309	114,808	77,067	60,554	48,507	49,768	13,801	57,469	20,060
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	101,956	94,648	124,219	121,548	109,220	0	0	0	48,229	30,785	13,561	54,166	5,780
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	114,404	75,106	59,961	0	0	0	0	0
total current liabilities	101,956	94,648	124,219	121,548	109,220	114,404	75,106	59,961	48,229	30,785	13,561	54,166	5,780
loans	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	101,956	94,648	124,219	121,548	109,220	114,404	75,106	59,961	48,229	30,785	13,561	54,166	5,780
net assets	42,349	19,354	2,722	2,137	2,089	404	1,961	593	278	18,983	240	3,303	14,280
total shareholders funds	42,349	19,354	2,722	2,137	2,089	404	1,961	593	278	18,983	240	3,303	14,280

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Operating Activities
Operating Profit	30,660	20,533	722	59	1,824	-2,182	1,422	294	-18,870	23,509	-3,216	-11,157	19,247	0	0
Depreciation	0	0	0	0	0	79	99	124	155	599	692	598	164	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-7,665	-3,901	-137	-11	-419	0	-321	-79	0	-4,956	0	0	-5,017	0	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	30,329	-12,907	3,297	12,427	97,855	1,860	-7,290	9,030	-11,820	21,420	0	0	0	0	0
Creditors	7,308	-29,571	2,671	12,328	109,220	0	0	-48,229	17,444	17,224	-40,605	48,386	5,780	0	0
Accruals and Deferred Income	0	0	0	0	-114,404	39,298	15,145	59,961	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-26	-32	-41	-51	-101,634	35,335	23,635	3,041	10,549	14,956	-43,129	37,827	20,174	0	0
Investing Activities
capital expenditure	26	32	41	51	63	0	0	0	0	3,645	-816	-5,000	-656	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	26	32	41	51	63	0	0	0	0	3,645	-816	-5,000	-656	0	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	-100	0	0	0	0	99	0	0	1	0	0
interest	0	0	0	0	380	625	267	100	165	91	153	180	49	0	0
cash flow from financing	0	0	0	0	280	625	267	100	165	190	153	180	50	0	0
cash and cash equivalents
cash	0	0	0	0	-101,291	35,960	23,902	3,141	10,714	18,791	-43,792	33,007	19,568	0	0
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	-101,291	35,960	23,902	3,141	10,714	18,791	-43,792	33,007	19,568	0	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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TEST CRADLE SOLUTIONS LIMITED group structure

Test Cradle Solutions Limited has no subsidiary companies.

Ultimate parent company

TEST CRADLE SOLUTIONS LIMITED

06621154

TEST CRADLE SOLUTIONS LIMITED Shareholders

kushal shah	75%
karuna shah	25%

Test Cradle Solutions Limited currently has 1 director, Mr Kushal Shah serving since Jun 2008.

officer	country	age	start	end	role
Mr Kushal Shah		43 years	Jun 2008	-	Director

P&L

November 2023

turnover

291.2k

+28%

operating profit

30.7k

gross margin

26.1%

-6.02%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

42.3k

+1.19%

total assets

144.3k

+0.27%

cash

net assets

Total assets minus all liabilities

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company number

06621154

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

June 2008

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

November 2023

address

victoria house, 18 dalston gardens, stanmore, middlesex, HA7 1BU

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 did not find charges/mortgages relating to test cradle solutions limited.

test cradle solutions limited Company Information

test cradle solutions limited Estimated Valuation

test cradle solutions limited Estimated Valuation

test cradle solutions limited Estimated Valuation

Test Cradle Solutions Limited Overview

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TEST CRADLE SOLUTIONS LIMITED financials

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