accutest solutions limited
accutest solutions limited Company Information
Company Number
09623313
Website
accutestsolutions.co.ukRegistered Address
ground floor, brooklands house, yeomanry road, shrewsbury, SY1 3EH
Industry
Wholesale of pharmaceutical goods
Telephone
441743443633
Next Accounts Due
February 2025
Group Structure
View All
Directors
Richard Taylor9 Years
Shareholders
richard canfer-taylor 70%
paul foley 30%
accutest solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ACCUTEST SOLUTIONS LIMITED at £64.8k based on a Turnover of £152.4k and 0.43x industry multiple (adjusted for size and gross margin).
accutest solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ACCUTEST SOLUTIONS LIMITED at £0 based on an EBITDA of £-16.3k and a 3.08x industry multiple (adjusted for size and gross margin).
accutest solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ACCUTEST SOLUTIONS LIMITED at £0 based on Net Assets of £-45.8k and 2.06x industry multiple (adjusted for liquidity).
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Accutest Solutions Limited Overview
Accutest Solutions Limited is a live company located in shrewsbury, SY1 3EH with a Companies House number of 09623313. It operates in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in June 2015, it's largest shareholder is richard canfer-taylor with a 70% stake. Accutest Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £152.4k with unknown growth in recent years.
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Accutest Solutions Limited Health Check
Pomanda's financial health check has awarded Accutest Solutions Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £152.4k, make it smaller than the average company (£24.9m)
- Accutest Solutions Limited
£24.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Accutest Solutions Limited
- - Industry AVG
Production
with a gross margin of 12.8%, this company has a higher cost of product (25%)
- Accutest Solutions Limited
25% - Industry AVG
Profitability
an operating margin of -10.7% make it less profitable than the average company (3.7%)
- Accutest Solutions Limited
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (37)
1 - Accutest Solutions Limited
37 - Industry AVG
Pay Structure
on an average salary of £70.8k, the company has an equivalent pay structure (£70.8k)
- Accutest Solutions Limited
£70.8k - Industry AVG
Efficiency
resulting in sales per employee of £152.4k, this is less efficient (£674.8k)
- Accutest Solutions Limited
£674.8k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (61 days)
- Accutest Solutions Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 116 days, this is slower than average (33 days)
- Accutest Solutions Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Accutest Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Accutest Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 472.4%, this is a higher level of debt than the average (58.4%)
472.4% - Accutest Solutions Limited
58.4% - Industry AVG
ACCUTEST SOLUTIONS LIMITED financials
Accutest Solutions Limited's latest turnover from May 2023 is estimated at £152.4 thousand and the company has net assets of -£45.8 thousand. According to their latest financial statements, Accutest Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 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 | 3 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 1,993 | 2,379 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 1,993 | 2,379 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 80,000 | 80,000 | 84,200 | 86,400 |
| Trade Debtors | 12,287 | 19,832 | 0 | 2,000 | 6,877 | 0 |
| Group Debtors | 0 | 0 | 1,178 | 704 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 5,130 | 14,150 | 14,083 |
| Cash | 0 | 0 | 1,307 | 1,000 | 4,478 | 0 |
| misc current assets | 0 | 0 | 4,048 | 5,440 | 0 | 0 |
| total current assets | 12,287 | 19,832 | 86,533 | 94,274 | 109,705 | 100,483 |
| total assets | 12,287 | 19,832 | 88,526 | 96,653 | 109,705 | 100,483 |
| Bank overdraft | 0 | 0 | 0 | 0 | 5,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 42,340 | 27,524 | 100,590 | 92,519 | 109,859 | 105,606 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 11,037 | 5,410 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 20,194 | 19,831 | 5,761 | 500 |
| total current liabilities | 42,340 | 27,524 | 120,784 | 112,350 | 131,657 | 111,516 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 15,700 | 21,809 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,700 | 21,809 | 0 | 0 | 0 | 0 |
| total liabilities | 58,040 | 49,333 | 120,784 | 112,350 | 131,657 | 111,516 |
| net assets | -45,753 | -29,501 | -32,258 | -15,697 | -21,952 | -11,033 |
| total shareholders funds | -45,753 | -29,501 | -32,258 | -15,697 | -21,952 | -11,033 |
| May 2023 | May 2022 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 664 | 793 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | -4,200 | -2,200 | 86,400 |
| Debtors | -7,545 | 19,832 | -6,656 | -13,193 | 6,944 | 14,083 |
| Creditors | 14,816 | 27,524 | 8,071 | -17,340 | 4,253 | 105,606 |
| Accruals and Deferred Income | 0 | 0 | 363 | 14,070 | 5,261 | 500 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -11,037 | 5,627 | 5,410 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -6,109 | 21,809 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 307 | -3,478 | 4,478 | 0 |
| overdraft | 0 | 0 | 0 | -5,000 | 5,000 | 0 |
| change in cash | 0 | 0 | 307 | 1,522 | -522 | 0 |
accutest solutions limited Credit Report and Business Information
Accutest Solutions Limited Competitor Analysis
Perform a competitor analysis for accutest solutions limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in SY1 area or any other competitors across 12 key performance metrics.
accutest solutions limited Ownership
ACCUTEST SOLUTIONS LIMITED group structure
Accutest Solutions Limited has no subsidiary companies.
Ultimate parent company
ACCUTEST SOLUTIONS LIMITED
09623313
accutest solutions limited directors
Accutest Solutions Limited currently has 1 director, Mr Richard Taylor serving since Oct 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Taylor | England | 51 years | Oct 2015 | - | Director |
P&L
May 2023turnover
152.4k
+60%
operating profit
-16.3k
0%
gross margin
12.9%
+3.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-45.8k
+0.55%
total assets
12.3k
-0.38%
cash
0
0%
net assets
Total assets minus all liabilities
accutest solutions limited company details
company number
09623313
Type
Private limited with Share Capital
industry
46460 - Wholesale of pharmaceutical goods
incorporation date
June 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
ground floor, brooklands house, yeomanry road, shrewsbury, SY1 3EH
accountant
-
auditor
-
accutest solutions 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 accutest solutions limited.
accutest solutions limited Companies House Filings - See Documents
| date | description | view/download |
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