ahmed testing limited
ahmed testing limited Company Information
Company Number
11391929
Next Accounts
Feb 2026
Industry
Business and domestic software development
Shareholders
sadia ahmed
saqib ahmed
Group Structure
View All
Contact
Registered Address
320 firecrest court centre park, warrington, WA1 1RG
Website
-ahmed testing limited Estimated Valuation
Pomanda estimates the enterprise value of AHMED TESTING LIMITED at £106.3k based on a Turnover of £123.5k and 0.86x industry multiple (adjusted for size and gross margin).
ahmed testing limited Estimated Valuation
Pomanda estimates the enterprise value of AHMED TESTING LIMITED at £0 based on an EBITDA of £-4.9k and a 5.29x industry multiple (adjusted for size and gross margin).
ahmed testing limited Estimated Valuation
Pomanda estimates the enterprise value of AHMED TESTING LIMITED at £31.1k based on Net Assets of £13.2k and 2.35x industry multiple (adjusted for liquidity).
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Ahmed Testing Limited Overview
Ahmed Testing Limited is a live company located in warrington, WA1 1RG with a Companies House number of 11391929. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2018, it's largest shareholder is sadia ahmed with a 50% stake. Ahmed Testing Limited is a young, micro sized company, Pomanda has estimated its turnover at £123.5k with healthy growth in recent years.
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Ahmed Testing Limited Health Check
Pomanda's financial health check has awarded Ahmed Testing Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £123.5k, make it smaller than the average company (£4m)
- Ahmed Testing Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (11.3%)
- Ahmed Testing Limited
11.3% - Industry AVG
Production
with a gross margin of 73.7%, this company has a comparable cost of product (73.7%)
- Ahmed Testing Limited
73.7% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (4.1%)
- Ahmed Testing Limited
4.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (34)
1 - Ahmed Testing Limited
34 - Industry AVG
Pay Structure
on an average salary of £70.2k, the company has an equivalent pay structure (£70.2k)
- Ahmed Testing Limited
£70.2k - Industry AVG
Efficiency
resulting in sales per employee of £123.5k, this is equally as efficient (£123.5k)
- Ahmed Testing Limited
£123.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ahmed Testing Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ahmed Testing Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ahmed Testing Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 76 weeks, this is more cash available to meet short term requirements (19 weeks)
76 weeks - Ahmed Testing Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.6%, this is a higher level of debt than the average (59.8%)
67.6% - Ahmed Testing Limited
59.8% - Industry AVG
AHMED TESTING LIMITED financials
Ahmed Testing Limited's latest turnover from May 2024 is estimated at £123.5 thousand and the company has net assets of £13.2 thousand. According to their latest financial statements, Ahmed Testing Limited has 1 employee and maintains cash reserves of £40.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 468 | 1,607 | 2,749 | 0 | 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 | 468 | 1,607 | 2,749 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 38,341 | 0 | 7,125 | 8,850 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 40,413 | 41,247 | 0 | 29,434 | 26,657 | 25,139 |
| misc current assets | 1 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 40,414 | 41,247 | 38,341 | 29,434 | 33,782 | 33,989 |
| total assets | 40,882 | 42,854 | 41,090 | 29,434 | 33,782 | 33,989 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 26,164 | 0 | 0 | 186 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 27,650 | 25,760 | 0 | 17,893 | 19,106 | 21,133 |
| total current liabilities | 27,650 | 25,760 | 26,164 | 17,893 | 19,106 | 21,319 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 27,650 | 25,760 | 26,164 | 17,893 | 19,106 | 21,319 |
| net assets | 13,232 | 17,094 | 14,926 | 11,541 | 14,676 | 12,670 |
| total shareholders funds | 13,232 | 17,094 | 14,926 | 11,541 | 14,676 | 12,670 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 1,139 | 0 | 667 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -38,341 | 38,341 | -7,125 | -1,725 | 8,850 |
| Creditors | 0 | -26,164 | 26,164 | 0 | -186 | 186 |
| Accruals and Deferred Income | 1,890 | 25,760 | -17,893 | -1,213 | -2,027 | 21,133 |
| 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 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -834 | 41,247 | -29,434 | 2,777 | 1,518 | 25,139 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -834 | 41,247 | -29,434 | 2,777 | 1,518 | 25,139 |
ahmed testing limited Credit Report and Business Information
Ahmed Testing Limited Competitor Analysis
Perform a competitor analysis for ahmed testing limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WA1 area or any other competitors across 12 key performance metrics.
ahmed testing limited Ownership
AHMED TESTING LIMITED group structure
Ahmed Testing Limited has no subsidiary companies.
Ultimate parent company
AHMED TESTING LIMITED
11391929
ahmed testing limited directors
Ahmed Testing Limited currently has 2 directors. The longest serving directors include Mr Saqib Ahmed (May 2018) and Ms Sadia Ahmed (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Saqib Ahmed | United Kingdom | 39 years | May 2018 | - | Director |
| Ms Sadia Ahmed | United Kingdom | 39 years | Nov 2018 | - | Director |
P&L
May 2024turnover
123.5k
+10%
operating profit
-6k
0%
gross margin
73.8%
+2.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
13.2k
-0.23%
total assets
40.9k
-0.05%
cash
40.4k
-0.02%
net assets
Total assets minus all liabilities
Similar Companies
ahmed testing limited company details
company number
11391929
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
May 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
BROOKSON LIMITED
auditor
-
address
320 firecrest court centre park, warrington, WA1 1RG
Bank
-
Legal Advisor
-
ahmed testing 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 ahmed testing limited.
ahmed testing 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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ahmed testing limited Companies House Filings - See Documents
| date | description | view/download |
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