testway traders limited
testway traders limited Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
office 4 roebuck house, 2-3 cromwell centre, hainault bu, ilford, IG6 3UT
Website
-testway traders limited Estimated Valuation
Pomanda estimates the enterprise value of TESTWAY TRADERS LIMITED at £623.7k based on a Turnover of £1.2m and 0.51x industry multiple (adjusted for size and gross margin).
testway traders limited Estimated Valuation
Pomanda estimates the enterprise value of TESTWAY TRADERS LIMITED at £2.3m based on an EBITDA of £675.4k and a 3.39x industry multiple (adjusted for size and gross margin).
testway traders limited Estimated Valuation
Pomanda estimates the enterprise value of TESTWAY TRADERS LIMITED at £993.8k based on Net Assets of £506.5k and 1.96x industry multiple (adjusted for liquidity).
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Testway Traders Limited Overview
Testway Traders Limited is a live company located in ilford, IG6 3UT with a Companies House number of 14452315. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in October 2022, it's largest shareholder is sheik dawood with a 100% stake. Testway Traders Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.2m with unknown growth in recent years.
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Testway Traders Limited Health Check
Pomanda's financial health check has awarded Testway Traders Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £1.2m, make it larger than the average company (£909k)
- Testway Traders Limited
£909k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Testway Traders Limited
- - Industry AVG
Production
with a gross margin of 20.6%, this company has a higher cost of product (41.4%)
- Testway Traders Limited
41.4% - Industry AVG
Profitability
an operating margin of 55.7% make it more profitable than the average company (6.5%)
- Testway Traders Limited
6.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (14)
5 - Testway Traders Limited
14 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
- Testway Traders Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £242.5k, this is more efficient (£89k)
- Testway Traders Limited
£89k - Industry AVG
Debtor Days
it gets paid by customers after 155 days, this is later than average (29 days)
- Testway Traders Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (40 days)
- Testway Traders Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Testway Traders Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Testway Traders Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.5%, this is a lower level of debt than the average (44.7%)
10.5% - Testway Traders Limited
44.7% - Industry AVG
TESTWAY TRADERS LIMITED financials
Testway Traders Limited's latest turnover from October 2023 is estimated at £1.2 million and the company has net assets of £506.5 thousand. According to their latest financial statements, Testway Traders Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | |
|---|---|
| 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
| Oct 2023 | |
|---|---|
| Tangible Assets | 50,193 |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 50,193 |
| Stock & work in progress | |
| Trade Debtors | 515,441 |
| Group Debtors | |
| Misc Debtors | |
| Cash | |
| misc current assets | |
| total current assets | 515,441 |
| total assets | 565,634 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 59,107 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 59,107 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 59,107 |
| net assets | 506,527 |
| total shareholders funds | 506,527 |
| Oct 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 515,441 |
| Creditors | 59,107 |
| Accruals and Deferred Income | |
| Deferred Taxes & Provisions | |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | |
| 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 | |
| overdraft | |
| change in cash |
testway traders limited Credit Report and Business Information
Testway Traders Limited Competitor Analysis
Perform a competitor analysis for testway traders limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in IG6 area or any other competitors across 12 key performance metrics.
testway traders limited Ownership
TESTWAY TRADERS LIMITED group structure
Testway Traders Limited has no subsidiary companies.
Ultimate parent company
TESTWAY TRADERS LIMITED
14452315
testway traders limited directors
Testway Traders Limited currently has 1 director, Mr Shyam Sood serving since Oct 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shyam Sood | England | 42 years | Oct 2022 | - | Director |
P&L
October 2023turnover
1.2m
0%
operating profit
675.4k
0%
gross margin
20.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
506.5k
0%
total assets
565.6k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
testway traders limited company details
company number
14452315
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
October 2022
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
office 4 roebuck house, 2-3 cromwell centre, hainault bu, ilford, IG6 3UT
Bank
-
Legal Advisor
-
testway traders 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 testway traders limited.
testway traders 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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testway traders limited Companies House Filings - See Documents
| date | description | view/download |
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