Techtest Limited in Leominster, HR6 9QA

Description

Data updated on: 01-11-2023

Techtest Limited has existed on the local market for at least 46 years. Registered under the number 01363570 in 1978, the company is based at Street Court, Leominster HR6 9QA. The firm's SIC and NACE codes are 33130 which means Repair of electronic and optical equipment. The company's latest filed accounts documents provide detailed information about the period up to 2023-01-31 and the latest confirmation statement was submitted on 2022-11-23.

Given this particular enterprise's constant growth, it became vital to formally appoint extra executives: Lucinda S., Susan S. and Richard S. who have been working together for 8 years to promote the success of the business. Moreover, the managing director's responsibilities are constantly supported by a secretary - Susan S., who joined this business eleven years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency

Balance Sheet
Cash Bank On Hand	8 489 027	1 230 973	1 461 354	1 421 965	1 550 636
Current Assets	19 730 770	25 212 285	31 756 630	37 284 975	28 529 815
Debtors	7 484 643	18 825 677	24 181 144	30 416 217	21 820 280
Net Assets Liabilities	20 923 123	27 355 866	35 919 263	41 258 824	32 237 031
Other Debtors	4 366 199	252 692	146 937	218 959	203 526
Property Plant Equipment	4 493 395	7 299 908	7 670 098	7 826 193	9 228 968
Total Inventories	3 757 100	5 155 635	6 114 132	5 446 793

Other Financial Data
Audit Fees Expenses	10 200	10 000	26 820	10 750	14 000
Accrued Liabilities Deferred Income	677 693	949 512	600 529	218 194	360 533
Accumulated Depreciation Impairment Property Plant Equipment	1 599 753	2 050 482	2 443 333	2 929 097	3 466 992
Additions Other Than Through Business Combinations Property Plant Equipment		3 257 242	763 041	641 859	1 940 670
Administrative Expenses	4 264 317	3 158 774	3 190 771	3 470 329	3 287 308
Amounts Owed By Group Undertakings		13 825 738	18 828 798	26 970 195	16 383 752
Amounts Owed To Group Undertakings	974 921	1 000	153 104	258 347	873 447
Average Number Employees During Period	177	186	205	196	196
Corporation Tax Payable					190 000
Cost Sales	9 014 819	8 093 992	7 835 432	8 238 477	10 079 487
Creditors	3 301 043	3 622 885	2 977 068	3 063 946	4 344 683
Current Tax For Period					190 000
Deferred Tax Asset Debtors	250 026
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period			121 013
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws				167 496
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		391 164	268 246	90 505	388 671
Depreciation Expense Property Plant Equipment	383 170	450 729	392 851	485 764
Distribution Costs	704 422	709 070	650 590	553 208	753 962
Dividends Paid					18 828 798
Dividends Paid On Shares Final					18 828 798
Finished Goods Goods For Resale	1 178 680	1 218 679	1 213 483	938 329	974 255
Fixed Assets	4 493 396	7 299 908
Further Item Deferred Expense Credit Component Total Deferred Tax Expense			121 013
Further Item Tax Increase Decrease Component Adjusting Items	-43 163	-437 529		171 068	39 296
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	70 869	-53 321	-44 629	-4 351	190 309
Gross Profit Loss	7 029 022	10 658 468	12 148 106	10 102 964
Group Tax Relief Received Paid			-762 907	-493 865	-1 077 142
Increase From Depreciation Charge For Year Property Plant Equipment		450 729	392 851	485 764	537 895
Interest Income On Bank Deposits	34 334	18 541	764
Interest Payable Similar Charges Finance Costs	9 904	569
Investments Fixed Assets	1
Investments In Subsidiaries	1
Net Current Assets Liabilities	16 429 727	20 197 096	28 779 562	34 221 029	24 185 132
Operating Profit Loss	2 065 773	6 805 935	8 322 495	6 091 427
Other Creditors	9 194	1 220 841	1 220 841	1 220 841	1 220 841
Other Interest Expense	9 904	569
Other Interest Receivable Similar Income Finance Income	34 334	18 541	764
Other Operating Income Format1	5 490	15 311	15 750	12 000	16 000
Other Taxation Social Security Payable	114 634	139 231	152 827	146 772	159 749
Pension Other Post-employment Benefit Costs Other Pension Costs	97 871	186 910	98 824	102 744	112 076
Prepayments Accrued Income	13 488	395 736	60 029	65 493	115 086
Profit Loss	2 090 203	6 432 743	7 171 093	5 339 561	9 807 005
Profit Loss On Ordinary Activities Before Tax	2 090 203	8 216 211	8 323 259	6 091 427	11 462 818
Property Plant Equipment Gross Cost	6 093 148	9 350 390	10 113 431	10 755 290	12 695 960
Provisions For Liabilities Balance Sheet Subtotal		141 138
Raw Materials Consumables	1 082 971	1 532 174	1 917 086	1 661 563
Social Security Costs	458 481	461 831	525 678	530 424
Staff Costs Employee Benefits Expense	5 074 018	5 577 603	6 355 517	6 287 599	6 792 771
Taxation Including Deferred Taxation Balance Sheet Subtotal		141 138	530 397	788 398	1 177 069
Tax Expense Credit Applicable Tax Rate	397 139	1 561 080	1 581 419	1 157 371	2 177 935
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-510 731	-535 516	-567 300	-593 522	-581 467
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	156 755	45 866	17 034	16 949	20 049
Tax Tax Credit On Profit Or Loss On Ordinary Activities		391 164	1 152 166	751 866	1 655 813
Total Assets Less Current Liabilities	20 923 123	27 497 004	36 449 660	42 047 222	33 414 100
Total Current Tax Expense Credit				493 865	1 267 142
Total Deferred Tax Expense Credit		391 164	389 259	258 001	388 671
Trade Creditors Trade Payables	1 524 601	1 312 301	849 767	1 219 792	1 540 113
Trade Debtors Trade Receivables	2 854 930	4 351 511	5 145 380	3 161 570	5 117 916
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment		23 600	-2 014 394
Turnover Revenue	16 043 841	18 752 460	19 983 538	18 341 441
Wages Salaries	4 517 666	4 928 862	5 731 015	5 654 431	6 071 454
Work In Progress	1 495 449	2 404 782	2 983 563	2 846 901
Director Remuneration	282 771