eurofins product testing services limited

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eurofins product testing services limited Company Information

Share EUROFINS PRODUCT TESTING SERVICES LIMITED

Company Number

07401660

Shareholders

eurofins product testing uk holding limited

Group Structure

View All

Industry

Technical testing and analysis

 

Registered Address

i54 business park, valiant way, wolverhampton, WV9 5GB

eurofins product testing services limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of EUROFINS PRODUCT TESTING SERVICES LIMITED at £2.7m based on a Turnover of £3.7m and 0.72x industry multiple (adjusted for size and gross margin).

eurofins product testing services limited Estimated Valuation

£595.5k

Pomanda estimates the enterprise value of EUROFINS PRODUCT TESTING SERVICES LIMITED at £595.5k based on an EBITDA of £120k and a 4.96x industry multiple (adjusted for size and gross margin).

eurofins product testing services limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of EUROFINS PRODUCT TESTING SERVICES LIMITED at £1.1m based on Net Assets of £441k and 2.39x industry multiple (adjusted for liquidity).

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Eurofins Product Testing Services Limited Overview

Eurofins Product Testing Services Limited is a live company located in wolverhampton, WV9 5GB with a Companies House number of 07401660. It operates in the technical testing and analysis sector, SIC Code 71200. Founded in October 2010, it's largest shareholder is eurofins product testing uk holding limited with a 100% stake. Eurofins Product Testing Services Limited is a established, small sized company, Pomanda has estimated its turnover at £3.7m with high growth in recent years.

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Eurofins Product Testing Services Limited Health Check

Pomanda's financial health check has awarded Eurofins Product Testing Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

0 Regular

positive_score

8 Weak

size

Size

annual sales of £3.7m, make it smaller than the average company (£5.3m)

£3.7m - Eurofins Product Testing Services Limited

£5.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (4.5%)

24% - Eurofins Product Testing Services Limited

4.5% - Industry AVG

production

Production

with a gross margin of 30.6%, this company has a higher cost of product (43.7%)

30.6% - Eurofins Product Testing Services Limited

43.7% - Industry AVG

profitability

Profitability

an operating margin of 2.5% make it less profitable than the average company (4.5%)

2.5% - Eurofins Product Testing Services Limited

4.5% - Industry AVG

employees

Employees

with 20 employees, this is below the industry average (40)

20 - Eurofins Product Testing Services Limited

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.7k, the company has a lower pay structure (£46.3k)

£32.7k - Eurofins Product Testing Services Limited

£46.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £184.9k, this is more efficient (£108.9k)

£184.9k - Eurofins Product Testing Services Limited

£108.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 75 days, this is later than average (58 days)

75 days - Eurofins Product Testing Services Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (28 days)

0 days - Eurofins Product Testing Services Limited

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Eurofins Product Testing Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (13 weeks)

2 weeks - Eurofins Product Testing Services Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.1%, this is a higher level of debt than the average (58.9%)

69.1% - Eurofins Product Testing Services Limited

58.9% - Industry AVG

EUROFINS PRODUCT TESTING SERVICES LIMITED financials

EXPORTms excel logo

Eurofins Product Testing Services Limited's latest turnover from December 2023 is £3.7 million and the company has net assets of £441 thousand. According to their latest financial statements, Eurofins Product Testing Services Limited has 20 employees and maintains cash reserves of £41 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Turnover3,698,0003,650,0003,931,0001,958,0001,844,0001,729,0001,613,7351,096,894866,972690,028631,491605,074658,660
Other Income Or Grants
Cost Of Sales2,568,0002,347,0002,605,0001,186,0001,148,0001,130,0001,144,886735,895558,803449,168386,097315,619341,695
Gross Profit1,130,0001,303,0001,326,000772,000696,000599,000468,849360,999308,169240,860245,394289,455316,965
Admin Expenses1,036,0001,089,0001,093,000797,000725,000611,000511,476439,871305,985231,88567,290394,680435,704
Operating Profit94,000214,000233,000-25,000-29,000-12,000-42,627-78,8722,1848,975178,104-105,225-118,739
Interest Payable17,00013,00010,00015,00011,0007,0009,1863,0151,6721,8621,9773,5041,932
Interest Receivable20,0005,000
Pre-Tax Profit97,000206,000223,000-40,000-40,000-19,000-51,813-81,8875127,113-180,081-108,729-120,671
Tax
Profit After Tax97,000206,000223,000-40,000-40,000-19,000-51,813-81,8875127,113-180,081-108,729-120,671
Dividends Paid
Retained Profit97,000206,000223,000-40,000-40,000-19,000-51,813-81,8875127,113-180,081-108,729-120,671
Employee Costs654,000712,000759,000578,000542,000451,000368,944297,735168,539136,514246,324256,912281,050
Number Of Employees20191914121010764788
EBITDA*120,000234,000261,000-3,000-19,000-11,000-41,696-77,9014,74911,623180,046-102,318-114,322

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Tangible Assets20,00020,00026,00051,00099,0002,0002,8771,3989704,4877,1355,2698,176
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets20,00020,00026,00051,00099,0002,0002,8771,3989704,4877,1355,2698,176
Stock & work in progress96712,696
Trade Debtors765,000381,000507,000469,000405,000295,000488,251247,131166,100132,978122,448112,861150,912
Group Debtors573,000513,000420,00010,00038,00020,0002,27012,7773,0072,64315,31216,480
Misc Debtors28,00010,0003,00083,00044,00054,00027,19726,0999,0267,82740,69313,674
Cash41,00022,000171,00098,000134,00025,00045,53173,17191,47574,23233,52891,481
misc current assets
total current assets1,407,000926,0001,101,000660,000621,000394,000563,249320,302296,451219,243132,918203,361285,243
total assets1,427,000946,0001,127,000711,000720,000396,000566,126321,700297,421223,730140,053208,630293,419
Bank overdraft66,688
Bank loan
Trade Creditors 1,0007,00022,000100,000100,0009,0009,42810,55027,40611,27614,44036,7025,962
Group/Directors Accounts308,000153,000278,000200,000161,000183,000
other short term finances
hp & lease commitments1,0006,00011,00013,00020,000
other current liabilities487,000278,000510,000313,000286,000159,000600,132353,506230,895173,846207,430140,352208,127
total current liabilities797,000444,000821,000626,000567,000351,000609,560364,056258,301185,122288,558177,054214,089
loans177,000177,000176,000175,000177,000107,000
hp & lease commitments7,0002,00026,00070,000
Accruals and Deferred Income
other liabilities
provisions5,0008,00024,00010,000
total long term liabilities189,000185,000202,000211,000247,000107,000
total liabilities986,000629,0001,023,000837,000814,000458,000609,560364,056258,301185,122288,558177,054214,089
net assets441,000317,000104,000-126,000-94,000-62,000-43,434-42,35639,12038,608-148,50531,57679,330
total shareholders funds441,000317,000104,000-126,000-94,000-62,000-43,434-42,35639,12038,608-148,50531,57679,330
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Operating Activities
Operating Profit94,000214,000233,000-25,000-29,000-12,000-42,627-78,8722,1848,975178,104-105,225-118,739
Depreciation26,00020,00028,00022,00010,0001,0009319712,5652,6481,9422,9074,417
Amortisation
Tax
Stock-967-11,72912,696
Debtors462,000-26,000368,00075,000118,000-148,718270,58742,15559,96512,093-35,948-12,200181,066
Creditors-6,000-15,000-78,00091,000-428-1,122-16,85616,130-3,164-22,26230,7405,962
Accruals and Deferred Income209,000-232,000197,00027,000127,000-441,132246,626122,61157,049-33,58467,078-67,775208,127
Deferred Taxes & Provisions-3,000-16,00014,00010,000
Cash flow from operations-142,000-3,00026,000-41,00081,000-303,842-66,779-14,30117,963-37,218261,777-115,424-93,995
Investing Activities
capital expenditure-26,000-14,000-3,00026,000-107,000-123-2,410-1,399952-3,808-12,593
Change in Investments
cash flow from investments-26,000-14,000-3,00026,000-107,000-123-2,410-1,399952-3,808-12,593
Financing Activities
Bank loans
Group/Directors Accounts155,000-125,00078,00039,000-22,000183,000
Other Short Term Loans
Long term loans1,0001,000-2,00070,000107,000
Hire Purchase and Lease Commitments2,000-7,000-26,000-51,00090,000
other long term liabilities
share issue27,0007,0007,0008,0008,00043450,735411180,00060,975200,001
interest3,000-8,000-10,000-15,000-11,000-7,000-9,186-3,015-1,672-1,862-1,977-3,504-1,932
cash flow from financing187,000-132,00050,000-21,000135,000283,43441,549-2,604-1,672178,138-1,97757,471198,069
cash and cash equivalents
cash19,000-149,00073,000-36,000109,000-20,531-27,640-18,30417,24374,232-33,528-57,95391,481
overdraft-66,68866,688
change in cash19,000-149,00073,000-36,000109,000-20,531-27,640-18,30417,243140,920-100,216-57,95391,481

eurofins product testing services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Eurofins Product Testing Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for eurofins product testing services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WV9 area or any other competitors across 12 key performance metrics.

eurofins product testing services limited Ownership

EUROFINS PRODUCT TESTING SERVICES LIMITED group structure

Eurofins Product Testing Services Limited has no subsidiary companies.

Ultimate parent company

EUROFINS SCIENTIFIC SE

#0061455

EUROFINS PRODUCT TESTING LUX HOLDING SAR

#0076648

2 parents

EUROFINS PRODUCT TESTING SERVICES LIMITED

07401660

EUROFINS PRODUCT TESTING SERVICES LIMITED Shareholders

eurofins product testing uk holding limited 100%

eurofins product testing services limited directors

Eurofins Product Testing Services Limited currently has 2 directors. The longest serving directors include Mr Stephane Barrau (Dec 2013) and Dr Judith Russell (Feb 2016).

officercountryagestartendrole
Mr Stephane BarrauEngland55 years Dec 2013- Director
Dr Judith Russell51 years Feb 2016- Director

P&L

December 2023

turnover

3.7m

+1%

operating profit

94k

-56%

gross margin

30.6%

-14.4%

turnover

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

Balance Sheet

December 2023

net assets

441k

+0.39%

total assets

1.4m

+0.51%

cash

41k

+0.86%

net assets

Total assets minus all liabilities

eurofins product testing services limited company details

company number

07401660

Type

Private limited with Share Capital

industry

71200 - Technical testing and analysis

incorporation date

October 2010

age

15

incorporated

UK

ultimate parent company

EUROFINS SCIENTIFIC SE

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

CONSTANTIN

address

i54 business park, valiant way, wolverhampton, WV9 5GB

Bank

HSBC BANK PLC

Legal Advisor

-

eurofins product testing services 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 did not find charges/mortgages relating to eurofins product testing services limited.

eurofins product testing services 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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eurofins product testing services limited Companies House Filings - See Documents

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