YorkTest Laboratories Limited
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YorkTest Laboratories Limited - overview
Established
1982
Location
-, -, UK
Primary Industry
Healthcare
About
Based in the UK, YorkTest Laboratories Limited specializes in advanced food intolerance and allergy testing, offering home blood test kits for individuals to identify dietary sensitivities. YorkTest Laboratories Limited is a health testing company founded in 1982 in Huntington, UK. The company is led by CEO Richard Dawson and has secured GBP 10. 000 mn in funding from NVM Private Equity in July 2022.
The funding will support the launch of 10 new home health tests and expansion into new markets, including the US. The company has closed a total of 3 deals to date, with its most recent deal occurring on July 26, 2022. YorkTest specializes in food intolerance and allergy testing, providing home blood test kits that help individuals identify sensitivities to various food and drink items. Their flagship products include the Premium Food Intolerance Test, which analyzes reactions to 200 food items, and the Food Allergy Test for assessing potential allergic reactions.
The tests aim to address health issues such as IBS, bloating, and fatigue, enabling customers to enhance their dietary choices and overall health. With over 40 years of expertise in health testing, YorkTest serves both individual consumers and nutritional practitioners, primarily focusing on the UK and European markets. In the most recent fiscal year of 2018, YorkTest reported a revenue of GBP 5,066,453. 20.
The company generates income through direct-to-consumer sales of its testing kits and associated consultation services, offering results online within seven days. The Premium Food Intolerance Test is priced at GBP 139, while the Food Allergy Test costs GBP 230, with additional bundled options available for comprehensive testing. YorkTest Laboratories Limited plans to utilize the GBP 10. 000 mn investment from NVM Private Equity to develop and launch 10 new home health tests.
The company aims to expand into the US market and enhance its laboratory capabilities. These initiatives are expected to commence following the most recent funding round completed in July 2022.
Current Investors
NVM Private Equity, Key Capital Partners
Primary Industry
Healthcare
Sub Industries
Diagnostic, Medical & Imaging Laboratories
Website
www.yorktest.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
YorkTest Laboratories Limited - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 2,605,001 | - | 2,945,218 | 3,743,960 | 4,045,912 | 3,795,271 | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | 27.1% | 8.1% | (6.2%) | - | - | - | - |
| EBITDA (USD) | 125,799 | - | 439,152 | 905,415 | 301,982 | (580,409) | - | - | - | - |
| Operating Income (USD) | 43,027 | - | 370,960 | 857,883 | 255,678 | (654,571) | - | - | - | - |
| Operating Margin | 1.7% | - | 12.6% | 22.9% | 6.3% | (17.2%) | - | - | - | - |
| % EBITDA Margin | 4.8% | - | 14.9% | 24.2% | 7.5% | (15.3%) | - | - | - | - |
| NET Income (USD) | 38,450 | - | 295,113 | 723,434 | 203,605 | (698,919) | - | - | - | - |
| % Net Margin | 1.5% | - | 10.0% | 19.3% | 5.0% | (18.4%) | - | - | - | - |
YorkTest Laboratories Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | YorkTest Laboratories Limited | - | ||||||||
| Secondary Buyout | Completed | YorkTest Laboratories Limited | - | ||||||||
| Add-on | Completed | YorkTest Laboratories Limited | - |
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YorkTest Laboratories Limited - employee data
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