Pomanda estimates the enterprise value of SYSTEMS FOR DENTISTS LIMITED at £1.3m based on a Turnover of £1.4m and 0.96x industry multiple (adjusted for size and gross margin).
systems for dentists limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SYSTEMS FOR DENTISTS LIMITED at £0 based on an EBITDA of £-97.3k and a 5.84x industry multiple (adjusted for size and gross margin).
systems for dentists limitedEstimated Valuation
£9.3m
Pomanda estimates the enterprise value of SYSTEMS FOR DENTISTS LIMITED at £9.3m based on Net Assets of £3.9m and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Systems For Dentists LimitedOverview
Systems For Dentists Limited is a live company located in cheltenham, GL52 3LZ with a Companies House number of 02199244. It operates in the business and domestic software development sector, SIC Code 62012. Founded in November 1987, it's largest shareholder is
portman healthcare limited
with a 75% stake. Systems For Dentists Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.4m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Systems For Dentists Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
7 Strong
2 Regular
1 Weak
Size
annual sales of £2.9m, make it in line with the average company (£3.3m)
£2.9m - Systems For Dentists Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 74%, show it is growing at a faster rate (8.3%)
74% - Systems For Dentists Limited
8.3% - Industry AVG
Production
with a gross margin of 88.9%, this company has a lower cost of product (71.4%)
88.9% - Systems For Dentists Limited
71.4% - Industry AVG
Profitability
an operating margin of 50.9% make it more profitable than the average company (3.6%)
50.9% - Systems For Dentists Limited
3.6% - Industry AVG
Employees
with 19 employees, this is below the industry average (29)
19 - Systems For Dentists Limited
29 - Industry AVG
Pay Structure
on an average salary of £65.5k, the company has an equivalent pay structure (£65.5k)
£65.5k - Systems For Dentists Limited
£65.5k - Industry AVG
Efficiency
resulting in sales per employee of £154k, this is more efficient (£110k)
£154k - Systems For Dentists Limited
£110k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (64 days)
4 days - Systems For Dentists Limited
64 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Systems For Dentists Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Systems For Dentists Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 427 weeks, this is more cash available to meet short term requirements (20 weeks)
427 weeks - Systems For Dentists Limited
20 weeks - 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 (61.5%)
10.5% - Systems For Dentists Limited
61.5% - Industry AVG
SYSTEMS FOR DENTISTS LIMITED financials
EXPORT
Systems For Dentists Limited's latest turnover from September 2023 is £1.4 million and the company has net assets of £3.9 million. According to their latest financial statements, Systems For Dentists Limited has 26 employees and maintains cash reserves of £870.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Mar 2023
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
1,378,642
2,926,516
610,423
559,933
622,566
597,793
439,019
378,869
515,656
161,042
162,876
168,804
74,022
10,755
Other Income Or Grants
Cost Of Sales
228,239
325,037
347,033
327,503
368,649
357,439
260,405
222,364
294,097
91,149
95,815
94,654
41,353
5,995
Gross Profit
1,150,403
2,601,479
263,389
232,430
253,917
240,354
178,614
156,505
221,559
69,893
67,061
74,150
32,668
4,760
Admin Expenses
1,270,623
1,110,846
-603,074
-342,018
-348,914
-202,967
-138,323
-94,123
-6,463
-48,057
29,818
-7,290
-43,997
-17,794
-67,792
Operating Profit
-120,220
1,490,633
866,463
574,448
602,831
443,321
316,937
250,628
228,022
117,950
37,243
81,440
76,665
22,554
67,792
Interest Payable
Interest Receivable
185
6,148
6,079
1,810
9,617
6,174
2,639
1,218
2,308
1,547
1,222
928
579
294
102
Pre-Tax Profit
11,996
1,561,897
872,542
576,258
612,448
449,495
319,575
251,846
230,330
119,497
38,465
82,367
77,245
22,849
67,894
Tax
-109,375
-291,695
-165,783
-109,489
-116,365
-85,404
-60,719
-50,369
-46,066
-25,094
-8,847
-19,768
-20,084
-6,398
-19,010
Profit After Tax
-97,379
1,270,202
706,759
466,769
496,083
364,091
258,856
201,477
184,264
94,403
29,618
62,599
57,161
16,451
48,884
Dividends Paid
Retained Profit
-97,379
1,270,202
706,759
466,769
496,083
364,091
258,856
201,477
184,264
94,403
29,618
62,599
57,161
16,451
48,884
Employee Costs
1,734,291
1,245,277
1,204,340
1,084,106
1,117,000
923,901
711,238
682,274
651,597
54,292
106,145
104,580
51,778
50,845
Number Of Employees
26
19
19
18
18
15
12
12
12
1
2
2
1
1
EBITDA*
-97,321
1,518,829
891,916
596,784
627,205
458,660
327,948
255,436
231,502
120,660
39,828
85,451
80,301
25,264
71,308
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Mar 2023
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
109,937
67,334
454,601
450,844
464,405
461,760
420,005
422,511
14,304
8,586
11,064
9,909
12,452
13,044
9,247
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
109,937
67,334
454,601
450,844
464,405
461,760
420,005
422,511
14,304
8,586
11,064
9,909
12,452
13,044
9,247
Stock & work in progress
6,665
4,999
22,100
Trade Debtors
40,226
37,452
36,465
28,185
40,124
65,154
42,281
8,616
52,609
45,024
42,875
45,062
19,203
2,446
18,504
Group Debtors
3,369,497
Misc Debtors
21,355
508,488
28,521
2,184
3,358
17,907
13,387
10,305
2,616
Cash
870,124
3,875,889
2,818,524
2,044,736
1,575,962
988,517
657,823
397,697
576,975
346,293
272,639
216,147
154,890
76,777
40,911
misc current assets
total current assets
4,301,202
4,421,829
2,883,510
2,081,770
1,624,443
1,071,578
713,491
438,718
632,200
391,317
315,514
261,209
174,093
79,223
59,415
total assets
4,411,139
4,489,163
3,338,111
2,532,614
2,088,848
1,533,338
1,133,496
861,229
646,504
399,903
326,578
271,118
186,545
92,267
68,662
Bank overdraft
Bank loan
Trade Creditors
89,272
109,899
84,343
61,929
24,679
18,445
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
490,325
470,970
341,445
247,176
269,594
208,612
177,143
164,761
150,428
total current liabilities
490,325
470,970
341,445
247,176
269,594
208,612
177,143
164,761
150,428
89,272
109,899
84,343
61,929
24,679
18,445
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
9,249
4,780
5,365
6,920
2,638
1,609
2,694
1,513
1,964
1,678
2,118
2,251
1,331
total long term liabilities
9,249
4,780
5,365
6,920
2,638
1,609
2,694
1,513
1,964
1,678
2,118
2,251
1,331
total liabilities
490,325
470,970
350,694
251,956
274,959
215,532
179,781
166,370
153,122
90,785
111,863
86,021
64,047
26,930
19,776
net assets
3,920,814
4,018,193
2,987,417
2,280,658
1,813,889
1,317,806
953,715
694,859
493,382
309,118
214,715
185,097
122,498
65,337
48,886
total shareholders funds
3,920,814
4,018,193
2,987,417
2,280,658
1,813,889
1,317,806
953,715
694,859
493,382
309,118
214,715
185,097
122,498
65,337
48,886
Sep 2023
Mar 2023
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
-120,220
1,490,633
866,463
574,448
602,831
443,321
316,937
250,628
228,022
117,950
37,243
81,440
76,665
22,554
67,792
Depreciation
22,899
28,196
25,453
22,336
24,374
15,339
11,011
4,808
3,480
2,710
2,585
4,011
3,636
2,710
3,516
Amortisation
Tax
-109,375
-291,695
-165,783
-109,489
-116,365
-85,404
-60,719
-50,369
-46,066
-25,094
-8,847
-19,768
-20,084
-6,398
-19,010
Stock
-6,665
1,666
4,999
-22,100
22,100
Debtors
3,431,078
545,940
34,617
-13,113
-39,579
27,393
36,747
-36,304
10,201
2,149
-2,187
25,859
16,757
-16,058
18,504
Creditors
-89,272
-20,627
25,556
22,414
37,250
6,234
18,445
Accruals and Deferred Income
490,325
470,970
94,269
-22,418
60,982
31,469
12,382
14,333
150,428
Deferred Taxes & Provisions
4,469
-585
-1,555
4,282
1,029
-1,085
1,181
-451
286
-440
-133
920
1,331
Cash flow from operations
-3,147,449
1,152,164
796,919
475,739
604,847
381,614
265,993
232,519
237,572
72,339
59,010
61,798
80,577
42,078
53,570
Investing Activities
capital expenditure
-132,836
-95,530
-29,210
-8,775
-27,019
-57,094
-8,505
-413,015
-9,198
-232
-3,740
-1,468
-3,044
-6,507
-12,763
Change in Investments
cash flow from investments
-132,836
-95,530
-29,210
-8,775
-27,019
-57,094
-8,505
-413,015
-9,198
-232
-3,740
-1,468
-3,044
-6,507
-12,763
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
4,018,193
2,747,991
2
interest
185
6,148
6,079
1,810
9,617
6,174
2,639
1,218
2,308
1,547
1,222
928
579
294
102
cash flow from financing
4,018,378
2,754,139
6,079
1,810
9,617
6,174
2,639
1,218
2,308
1,547
1,222
928
579
294
104
cash and cash equivalents
cash
870,124
3,875,889
773,788
468,774
587,445
330,694
260,126
-179,278
230,682
73,654
56,492
61,257
78,113
35,866
40,911
overdraft
change in cash
870,124
3,875,889
773,788
468,774
587,445
330,694
260,126
-179,278
230,682
73,654
56,492
61,257
78,113
35,866
40,911
systems for dentists limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for systems for dentists limited. Get real-time insights into systems for dentists limited's credit score, group structure and payment trends.
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systems for dentists limited Ownership
SYSTEMS FOR DENTISTS LIMITED group structure
Systems For Dentists Limited has no subsidiary companies.
The largest shareholders in Systems For Dentists Limited include Portman Healthcare Limited and Ryszard Waclaw Jurowski.
portman healthcare limited
75%
ryszard waclaw jurowski
25%
systems for dentists limited directors
Systems For Dentists Limited currently has 3 directors.
The longest serving directors include
Mr Karl De Bruijn (Mar 2023) and
Mr Paul Davis (May 2023).
62012 - Business and domestic software development
incorporation date
November 1987
age
38
incorporated
UK
ultimate parent company
CORE EQUITY HOLDINGS LP
accounts
Audit Exemption Subsidiary
last accounts submitted
September 2023
previous names
fixstride limited (October 1988)
accountant
ARMSTRONG WATSON LLP
auditor
-
address
rosehill new barn lane, cheltenham, GL52 3LZ
Bank
-
Legal Advisor
-
systems for dentists 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 systems for dentists limited.
systems for dentists 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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systems for dentists limitedCompanies House Filings - See Documents
