rtts (recovery treatment and testing services) ltd
rtts (recovery treatment and testing services) ltd Company Information
Company Number
07870985
Next Accounts
Dec 2025
Shareholders
rtts (recovery & treatment services) holdings ltd
Group Structure
View All
Industry
Other human health activities
Registered Address
6 hymers court, brandling street, gateshead, NE8 2BA
rtts (recovery treatment and testing services) ltd Estimated Valuation
Pomanda estimates the enterprise value of RTTS (RECOVERY TREATMENT AND TESTING SERVICES) LTD at £212.2k based on a Turnover of £480.7k and 0.44x industry multiple (adjusted for size and gross margin).
rtts (recovery treatment and testing services) ltd Estimated Valuation
Pomanda estimates the enterprise value of RTTS (RECOVERY TREATMENT AND TESTING SERVICES) LTD at £144.1k based on an EBITDA of £42.9k and a 3.36x industry multiple (adjusted for size and gross margin).
rtts (recovery treatment and testing services) ltd Estimated Valuation
Pomanda estimates the enterprise value of RTTS (RECOVERY TREATMENT AND TESTING SERVICES) LTD at £54.5k based on Net Assets of £21.8k and 2.49x industry multiple (adjusted for liquidity).
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Rtts (recovery Treatment And Testing Services) Ltd Overview
Rtts (recovery Treatment And Testing Services) Ltd is a live company located in gateshead, NE8 2BA with a Companies House number of 07870985. It operates in the other human health activities sector, SIC Code 86900. Founded in December 2011, it's largest shareholder is rtts (recovery & treatment services) holdings ltd with a 100% stake. Rtts (recovery Treatment And Testing Services) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £480.7k with declining growth in recent years.
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Rtts (recovery Treatment And Testing Services) Ltd Health Check
Pomanda's financial health check has awarded Rtts (Recovery Treatment And Testing Services) Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
9 Weak
Size
annual sales of £480.7k, make it smaller than the average company (£730.1k)
- Rtts (recovery Treatment And Testing Services) Ltd
£730.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7.2%)
- Rtts (recovery Treatment And Testing Services) Ltd
7.2% - Industry AVG
Production
with a gross margin of 22.2%, this company has a higher cost of product (38.3%)
- Rtts (recovery Treatment And Testing Services) Ltd
38.3% - Industry AVG
Profitability
an operating margin of 5% make it as profitable than the average company (5.1%)
- Rtts (recovery Treatment And Testing Services) Ltd
5.1% - Industry AVG
Employees
with 13 employees, this is below the industry average (19)
13 - Rtts (recovery Treatment And Testing Services) Ltd
19 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)
- Rtts (recovery Treatment And Testing Services) Ltd
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £37k, this is less efficient (£45.5k)
- Rtts (recovery Treatment And Testing Services) Ltd
£45.5k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (20 days)
- Rtts (recovery Treatment And Testing Services) Ltd
20 days - Industry AVG
Creditor Days
its suppliers are paid after 156 days, this is slower than average (18 days)
- Rtts (recovery Treatment And Testing Services) Ltd
18 days - Industry AVG
Stock Days
it holds stock equivalent to 57 days, this is more than average (13 days)
- Rtts (recovery Treatment And Testing Services) Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (127 weeks)
3 weeks - Rtts (recovery Treatment And Testing Services) Ltd
127 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.4%, this is a higher level of debt than the average (22%)
90.4% - Rtts (recovery Treatment And Testing Services) Ltd
22% - Industry AVG
RTTS (RECOVERY TREATMENT AND TESTING SERVICES) LTD financials
Rtts (Recovery Treatment And Testing Services) Ltd's latest turnover from March 2024 is estimated at £480.7 thousand and the company has net assets of £21.8 thousand. According to their latest financial statements, Rtts (Recovery Treatment And Testing Services) Ltd has 13 employees and maintains cash reserves of £9.7 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 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 13 | 13 | 7 | 7 | 1 | 3 | 2 | |||||
| EBITDA* |
* 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 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 39,956 | 49,395 | 56,833 | 29,034 | 4,088 | 3,423 | 2,332 | 2,095 | 0 | 0 | 0 | 0 |
| Intangible Assets | 65,630 | 45,441 | 51,412 | 41,816 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 43,394 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 105,586 | 94,836 | 151,639 | 70,850 | 4,088 | 3,423 | 2,332 | 2,095 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 58,740 | 57,551 | 31,304 | 20,000 | 26,797 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 52,669 | 22,429 | 50,470 | 154,326 | 56,440 | 16,910 | 0 | 0 | 0 | 1 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 543 | 2,210 | 2,621 | 1 | 0 | 0 | 0 |
| Cash | 9,709 | 17,878 | 39,018 | 15,792 | 23,390 | 6,044 | 2,603 | 970 | 4,482 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 121,118 | 97,858 | 120,792 | 190,118 | 106,627 | 23,497 | 4,813 | 3,591 | 4,483 | 1 | 0 | 0 |
| total assets | 226,704 | 192,694 | 272,431 | 260,968 | 110,715 | 26,920 | 7,145 | 5,686 | 4,483 | 1 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 1,920 | 2,361 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 160,047 | 137,972 | 105,888 | 66,531 | 105,813 | 0 | 0 | 0 | 4,187 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 14,400 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 39,256 | 50,326 | 41,831 | 800 | 0 | 0 | 0 |
| total current liabilities | 160,047 | 137,972 | 105,888 | 66,531 | 105,813 | 55,576 | 52,687 | 41,831 | 4,987 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 65 | 1,735 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 44,811 | 51,522 | 27,402 | 112,303 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 20,537 | 1,904 | 777 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 44,811 | 51,522 | 47,939 | 114,207 | 777 | 65 | 1,735 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 204,858 | 189,494 | 153,827 | 180,738 | 106,590 | 55,641 | 54,422 | 41,831 | 4,987 | 0 | 0 | 0 |
| net assets | 21,846 | 3,200 | 118,604 | 80,230 | 4,125 | -28,721 | -47,277 | -36,145 | -504 | 1 | 0 | 0 |
| total shareholders funds | 21,846 | 3,200 | 118,604 | 80,230 | 4,125 | -28,721 | -47,277 | -36,145 | -504 | 1 | 0 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 10,237 | 14,006 | 11,605 | 5,211 | 1,166 | 946 | 565 | 390 | 0 | 0 | ||
| Amortisation | 8,529 | 5,971 | 5,027 | 1,924 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||||||
| Stock | 1,189 | 26,247 | 11,304 | -6,797 | 26,797 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 30,240 | -71,435 | -60,462 | 97,886 | 38,987 | 15,243 | -411 | 2,620 | 1 | 1 | 0 | 0 |
| Creditors | 22,075 | 32,084 | 39,357 | -39,282 | 105,813 | 0 | 0 | -4,187 | 4,187 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -39,256 | -11,070 | 8,495 | 41,031 | 800 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -20,537 | 18,633 | 1,127 | 777 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | -1,920 | -441 | 2,361 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -14,400 | 14,400 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -65 | -1,670 | 1,735 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -6,711 | 24,120 | -84,901 | 112,303 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -8,169 | -21,140 | 23,226 | -7,598 | 17,346 | 3,441 | 1,633 | -3,512 | 4,482 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -8,169 | -21,140 | 23,226 | -7,598 | 17,346 | 3,441 | 1,633 | -3,512 | 4,482 | 0 | 0 | 0 |
rtts (recovery treatment and testing services) ltd Credit Report and Business Information
Rtts (recovery Treatment And Testing Services) Ltd Competitor Analysis
Perform a competitor analysis for rtts (recovery treatment and testing services) ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in NE8 area or any other competitors across 12 key performance metrics.
rtts (recovery treatment and testing services) ltd Ownership
RTTS (RECOVERY TREATMENT AND TESTING SERVICES) LTD group structure
Rtts (Recovery Treatment And Testing Services) Ltd has no subsidiary companies.
Ultimate parent company
1 parent
RTTS (RECOVERY TREATMENT AND TESTING SERVICES) LTD
07870985
rtts (recovery treatment and testing services) ltd directors
Rtts (Recovery Treatment And Testing Services) Ltd currently has 2 directors. The longest serving directors include Mr Alexander Devitt (Jul 2016) and Mr John Devitt (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Devitt | England | 31 years | Jul 2016 | - | Director |
| Mr John Devitt | England | 60 years | Apr 2023 | - | Director |
P&L
March 2024turnover
480.7k
+29%
operating profit
24.1k
0%
gross margin
22.3%
+3.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
21.8k
+5.83%
total assets
226.7k
+0.18%
cash
9.7k
-0.46%
net assets
Total assets minus all liabilities
rtts (recovery treatment and testing services) ltd company details
company number
07870985
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
December 2011
age
14
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
counted4 commercial ltd (August 2016)
recovery testing and treatment services limited (April 2015)
accountant
MITCHELL GORDON LLP
auditor
-
address
6 hymers court, brandling street, gateshead, NE8 2BA
Bank
-
Legal Advisor
-
rtts (recovery treatment and testing services) ltd 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 rtts (recovery treatment and testing services) ltd.
rtts (recovery treatment and testing services) ltd 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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rtts (recovery treatment and testing services) ltd Companies House Filings - See Documents
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