Does this mean my drone has been repaired and is on its way back? Or will it need to have a date underneath repaired and tested? Going on holiday on Wednesday and really hoping to get it back..

Thanks.

That's not how I read it......I read it as the quadcopter was received, analyzed, and an invoice for the repairs was created (quoted) and sent to you awaiting payment.

Since they assessed it was FREE of charge, I would assume it is being repaired currently, but not done yet.

You would need a date under the repaired and tested for the repair to have been completed.

I was told the repair would take 2-3 working days in an email on Monday morning.

Send a email to them in your ticket.
I'm not sure how the repair center works over there but in the US that would mean it's in the process of repaired and will be sent back to you soon.
They will email you when it's been updated.

Hello WolvesSi, if the product delivered dot is blue, your item will be shipped and you'll get an email of the shipping tracking number. So now according to the screenshot, your item is under repairing and testing.