testability limited
testability limited Company Information
Company Number
09602274
Website
-Registered Address
269 farnborough road, farnborough, hampshire, GU14 7LY
Industry
Management consultancy activities (other than financial management)
Telephone
01243587810
Next Accounts Due
February 2025
Group Structure
View All
Directors
Joanna Logan9 Years
Shareholders
joanna logan 100%
testability limited Estimated Valuation
Pomanda estimates the enterprise value of TESTABILITY LIMITED at £66.1k based on a Turnover of £107.8k and 0.61x industry multiple (adjusted for size and gross margin).
testability limited Estimated Valuation
Pomanda estimates the enterprise value of TESTABILITY LIMITED at £0 based on an EBITDA of £-37.9k and a 4.38x industry multiple (adjusted for size and gross margin).
testability limited Estimated Valuation
Pomanda estimates the enterprise value of TESTABILITY LIMITED at £43k based on Net Assets of £16.1k and 2.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Testability Limited Overview
Testability Limited is a live company located in hampshire, GU14 7LY with a Companies House number of 09602274. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in May 2015, it's largest shareholder is joanna logan with a 100% stake. Testability Limited is a young, micro sized company, Pomanda has estimated its turnover at £107.8k with low growth in recent years.
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Testability Limited Health Check
Pomanda's financial health check has awarded Testability Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £107.8k, make it smaller than the average company (£268.1k)
- Testability Limited
£268.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (6.1%)
- Testability Limited
6.1% - Industry AVG
Production
with a gross margin of 55.2%, this company has a comparable cost of product (55.2%)
- Testability Limited
55.2% - Industry AVG
Profitability
an operating margin of -35.4% make it less profitable than the average company (8.9%)
- Testability Limited
8.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Testability Limited
3 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
- Testability Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £107.8k, this is equally as efficient (£107.8k)
- Testability Limited
£107.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Testability Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Testability Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Testability Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 412 weeks, this is more cash available to meet short term requirements (24 weeks)
412 weeks - Testability Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.8%, this is a lower level of debt than the average (55.9%)
12.8% - Testability Limited
55.9% - Industry AVG
TESTABILITY LIMITED financials
Testability Limited's latest turnover from May 2023 is estimated at £107.8 thousand and the company has net assets of £16.1 thousand. According to their latest financial statements, Testability Limited has 1 employee and maintains cash reserves of £17.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 574 | 765 | 1,023 | 1,668 | 10,541 | 678 | 904 | 412 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 574 | 765 | 1,023 | 1,668 | 10,541 | 678 | 904 | 412 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 2,476 | 11,887 | 2,875 | 2,981 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 305 | 305 | 305 | 305 | 384 |
| Cash | 17,854 | 96,118 | 114,548 | 79,140 | 54,944 | 29,882 | 26,800 | 9,208 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 17,854 | 96,118 | 117,024 | 91,332 | 58,124 | 33,168 | 27,105 | 9,592 |
| total assets | 18,428 | 96,883 | 118,047 | 93,000 | 68,665 | 33,846 | 28,009 | 10,004 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,966 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,249 | 45,117 | 40,303 | 22,064 | 12,625 | 13,357 | 13,372 | 3,824 |
| total current liabilities | 2,249 | 45,117 | 40,303 | 22,064 | 12,625 | 13,357 | 13,372 | 9,790 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 109 | 145 | 194 | 317 | 2,003 | 0 | 0 | 0 |
| total long term liabilities | 109 | 145 | 194 | 317 | 2,003 | 0 | 0 | 0 |
| total liabilities | 2,358 | 45,262 | 40,497 | 22,381 | 14,628 | 13,357 | 13,372 | 9,790 |
| net assets | 16,070 | 51,621 | 77,550 | 70,619 | 54,037 | 20,489 | 14,637 | 214 |
| total shareholders funds | 16,070 | 51,621 | 77,550 | 70,619 | 54,037 | 20,489 | 14,637 | 214 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 191 | 258 | 341 | 2,823 | 3,515 | 226 | 302 | 138 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -2,476 | -9,716 | 9,012 | -106 | 2,981 | -79 | 384 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -42,868 | 4,814 | 18,239 | 9,439 | -732 | -15 | 9,548 | 3,824 |
| Deferred Taxes & Provisions | -36 | -49 | -123 | -1,686 | 2,003 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -5,966 | 5,966 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -78,264 | -18,430 | 35,408 | 24,196 | 25,062 | 3,082 | 17,592 | 9,208 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -78,264 | -18,430 | 35,408 | 24,196 | 25,062 | 3,082 | 17,592 | 9,208 |
testability limited Credit Report and Business Information
Testability Limited Competitor Analysis
Perform a competitor analysis for testability limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in GU14 area or any other competitors across 12 key performance metrics.
testability limited Ownership
TESTABILITY LIMITED group structure
Testability Limited has no subsidiary companies.
Ultimate parent company
TESTABILITY LIMITED
09602274
testability limited directors
Testability Limited currently has 1 director, Ms Joanna Logan serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Joanna Logan | England | 59 years | May 2015 | - | Director |
P&L
May 2023turnover
107.8k
+3%
operating profit
-38.1k
0%
gross margin
55.2%
-0.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
16.1k
-0.69%
total assets
18.4k
-0.81%
cash
17.9k
-0.81%
net assets
Total assets minus all liabilities
testability limited company details
company number
09602274
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
May 2015
age
9
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
269 farnborough road, farnborough, hampshire, GU14 7LY
accountant
-
auditor
-
testability 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 testability limited.
testability limited Companies House Filings - See Documents
| date | description | view/download |
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