test labs limited
test labs limited Company Information
Company Number
13378524
Next Accounts
Sep 2025
Shareholders
specialist health solutions limited
Group Structure
View All
Industry
Research and experimental development on biotechnology
Registered Address
unit 22 coningsby road, bretton, peterborough, PE3 8SB
Website
testlabsuk.comtest labs limited Estimated Valuation
Pomanda estimates the enterprise value of TEST LABS LIMITED at £806.6k based on a Turnover of £608.9k and 1.32x industry multiple (adjusted for size and gross margin).
test labs limited Estimated Valuation
Pomanda estimates the enterprise value of TEST LABS LIMITED at £761.5k based on an EBITDA of £145.9k and a 5.22x industry multiple (adjusted for size and gross margin).
test labs limited Estimated Valuation
Pomanda estimates the enterprise value of TEST LABS LIMITED at £85k based on Net Assets of £47.5k and 1.79x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Test Labs Limited Overview
Test Labs Limited is a live company located in peterborough, PE3 8SB with a Companies House number of 13378524. It operates in the research and experimental development on biotechnology sector, SIC Code 72110. Founded in May 2021, it's largest shareholder is specialist health solutions limited with a 100% stake. Test Labs Limited is a startup, small sized company, Pomanda has estimated its turnover at £608.9k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Test Labs Limited Health Check
Pomanda's financial health check has awarded Test Labs Limited a 3 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
3 Regular
6 Weak
Size
annual sales of £608.9k, make it smaller than the average company (£4.4m)
- Test Labs Limited
£4.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Test Labs Limited
- - Industry AVG
Production
with a gross margin of 54.2%, this company has a comparable cost of product (54.2%)
- Test Labs Limited
54.2% - Industry AVG
Profitability
an operating margin of 9.9% make it more profitable than the average company (-4.7%)
- Test Labs Limited
-4.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (54)
5 - Test Labs Limited
54 - Industry AVG
Pay Structure
on an average salary of £83.1k, the company has an equivalent pay structure (£83.1k)
- Test Labs Limited
£83.1k - Industry AVG
Efficiency
resulting in sales per employee of £121.8k, this is equally as efficient (£131.4k)
- Test Labs Limited
£131.4k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (56 days)
- Test Labs Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (61 days)
- Test Labs Limited
61 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (48 days)
- Test Labs Limited
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (30 weeks)
3 weeks - Test Labs Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.1%, this is a higher level of debt than the average (52.7%)
97.1% - Test Labs Limited
52.7% - Industry AVG
TEST LABS LIMITED financials
Test Labs Limited's latest turnover from December 2023 is estimated at £608.9 thousand and the company has net assets of £47.5 thousand. According to their latest financial statements, Test Labs Limited has 5 employees and maintains cash reserves of £121.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| 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 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 19,554 | ||
| Intangible Assets | 728,655 | ||
| Investments & Other | 100 | 100 | |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 748,209 | 100 | 100 |
| Stock & work in progress | 7,076 | ||
| Trade Debtors | 145,131 | ||
| Group Debtors | 405,547 | ||
| Misc Debtors | 211,842 | ||
| Cash | 121,184 | ||
| misc current assets | |||
| total current assets | 890,780 | ||
| total assets | 1,638,989 | 100 | 100 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 27,877 | ||
| Group/Directors Accounts | 1,398,962 | ||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 164,675 | ||
| total current liabilities | 1,591,514 | ||
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 1,591,514 | ||
| net assets | 47,475 | 100 | 100 |
| total shareholders funds | 47,475 | 100 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 4,950 | ||
| Amortisation | 80,962 | ||
| Tax | |||
| Stock | 7,076 | ||
| Debtors | 762,520 | ||
| Creditors | 27,877 | ||
| Accruals and Deferred Income | 164,675 | ||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -100 | 100 | |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 1,398,962 | ||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 121,184 | ||
| overdraft | |||
| change in cash | 121,184 |
test labs limited Credit Report and Business Information
Test Labs Limited Competitor Analysis
Perform a competitor analysis for test labs limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in PE3 area or any other competitors across 12 key performance metrics.
test labs limited Ownership
TEST LABS LIMITED group structure
Test Labs Limited has no subsidiary companies.
Ultimate parent company
1 parent
TEST LABS LIMITED
13378524
test labs limited directors
Test Labs Limited currently has 3 directors. The longest serving directors include Mr Mark Fentiman (May 2021) and Mr Warrick Fentiman (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Fentiman | United Kingdom | 36 years | May 2021 | - | Director |
| Mr Warrick Fentiman | England | 39 years | May 2021 | - | Director |
| Mr Warrick Fentiman | England | 39 years | May 2021 | - | Director |
P&L
December 2023turnover
608.9k
0%
operating profit
60k
0%
gross margin
54.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
47.5k
+473.75%
total assets
1.6m
+16388.89%
cash
121.2k
0%
net assets
Total assets minus all liabilities
Similar Companies
test labs limited company details
company number
13378524
Type
Private limited with Share Capital
industry
72110 - Research and experimental development on biotechnology
incorporation date
May 2021
age
4
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
STREETS AUDIT LLP
address
unit 22 coningsby road, bretton, peterborough, PE3 8SB
Bank
-
Legal Advisor
-
test labs 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 test labs limited.
test labs 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.
Click to start generating capital raising & share issue transactions for TEST LABS LIMITED. This can take several minutes, an email will notify you when this has completed.
test labs limited Companies House Filings - See Documents
| date | description | view/download |
|---|
