Company Overview
Testerworld Limited is a Dissolved Private Limited Company.
Registered Address

The Chancery, 58 Spring Gardens, Manchester, M2 1EW
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Companies House Data
Company NameTESTERWORLD LIMITED
Company Number02008846
Registered Office AddressThe Chancery
 58 Spring Gardens
 M2 1EW
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date10/04/1986
Accounting Reference Date Day29
Accounting Reference Date Month3
Accounts Next Due Date30/06/2022
Accounts Last Made Up Date31/03/2020
Accounts Account CategoryFULL
Returns Next Due Date28/10/2016
Returns Last Made Up Date30/09/2015
Directors & Members
Show Resigned
Matthew Cundall - Director
(British, 51 years old, born October 1975)
Appointed 06 July 2020
Active
Trudy Gallagher - Director
(British, 56 years old, born July 1970)
Appointed 06 July 2020
Active
Christopher Gulliford - Director
(British, 49 years old, born August 1977)
Appointed 06 July 2020
Active
David Horry - Director
(British, 62 years old, born February 1964)
Appointed 24 May 2017
Active
Leslie King - Director
(British, 68 years old, born December 1958)
Appointed 17 June 2003
Active
Derek Wilson - Director
(British, 62 years old, born September 1964)
Appointed 07 November 2007
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2016 31-Mar-2015
Balance Sheet
Fixed Assets 934,000 934,000 697,000
Current Assets 56,718,000 56,718,000 54,098,000
Creditors Due Within One Year 42,870,000 42,870,000 42,535,000
Working Cap 13,848,000 13,848,000 11,563,000
Total Assets Less Current Liabilities 14,782,000 14,782,000 12,260,000
Long-term Liabilities 101,000 101,000 59,000
Net Assets 14,681,000 14,681,000 12,201,000
Share Capital & Reserves
Share Cap 20,000 20,000 20,000
Profit & Loss Reserves 14,661,000 14,661,000 12,181,000
Other Reserves 0 0 0
Shareholders Funds 14,681,000 14,681,000 12,201,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2016 31-Mar-2015
Tangible Fixed Assets - - -
Fixed Assets 1.6% 1.6% 1.3%
Stocks Inventory 18.1% 18.1% 15.9%
Debtors 37.5% 37.5% 36.4%
Cash Bank In Hand 0.0% 0.0% 0.0%
Current Assets 98.4% 98.4% 98.7%
Creditors Due Within One Year 74.4% 74.4% 77.6%
Net Current Assets Liabilities 24.0% 24.0% 21.1%
Creditors Due After One Year 0.2% 0.2% 0.1%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 25.5% 25.5% 22.3%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 25.4% 25.4% 22.2%
Shareholder Funds 25.5% 25.5% 22.3%
Capital Employed - - -
Total Assets Less Current Liabilities 25.6% 25.6% 22.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2016 31-Mar-2015
Liquidity Ratio 1.3 1.3 1.3
Solvency Ratio 1.3 1.3 1.3
Reserves to Assets 0.3 0.3 0.2
Secured Creditors Unlock full report
Mortgages Charges 17
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 15
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2016 31-Mar-2015
Assets 57,652,000 57,652,000 54,795,000
Debt 42,971,000 42,971,000 42,594,000
Net Assets/Debt 14,681,000 14,681,000 12,201,000
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Notice of move from Administration to Dissolution
Administrator's progress report
Termination of appointment of Haydn Peter Smith as a director on 30 June 2023
Administrator's progress report
Notice of extension of period of Administration
Administrator's progress report
Termination of appointment of Mark Gulliford as a director on 2 August 2022
Notice of deemed approval of proposals
Statement of affairs with form AM02SOA
Statement of administrator's proposal
Registered office address changed from 7 Regents Drive Prudhoe Northumberland NE42 6PX to The Chancery 58 Spring Gardens Manchester M2 1EW on 24 May 2022
Appointment of an administrator
Satisfaction of charge 020088460014 in full
Current accounting period shortened from 30 March 2021 to 29 March 2021
Registration of charge 020088460018, created on 21 December 2021
Satisfaction of charge 020088460016 in full
All of the property or undertaking has been released from charge 020088460014
Registration of charge 020088460017, created on 21 December 2021
Confirmation statement made on 30 September 2021 with no updates
Current accounting period shortened from 31 March 2020 to 30 March 2020
Confirmation statement made on 30 September 2020 with no updates
Appointment of Trudy Joanne Gallagher as a director on 6 July 2020
Appointment of Mr Matthew Ellis Cundall as a director on 6 July 2020

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