precedental limited

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precedental limited Company Information

Share PRECEDENTAL LIMITED

Company Number

02793485

Shareholders

amalgamated laboratory solutions limited

Group Structure

View All

Industry

Dental practice activities

 

Registered Address

85 great portland street, london, W1W 7LT

precedental limited Estimated Valuation

£803.8k

Pomanda estimates the enterprise value of PRECEDENTAL LIMITED at £803.8k based on a Turnover of £1.5m and 0.53x industry multiple (adjusted for size and gross margin).

precedental limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of PRECEDENTAL LIMITED at £2.1m based on an EBITDA of £615k and a 3.35x industry multiple (adjusted for size and gross margin).

precedental limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of PRECEDENTAL LIMITED at £2.7m based on Net Assets of £1m and 2.6x industry multiple (adjusted for liquidity).

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Precedental Limited Overview

Precedental Limited is a live company located in london, W1W 7LT with a Companies House number of 02793485. It operates in the dental practice activities sector, SIC Code 86230. Founded in February 1993, it's largest shareholder is amalgamated laboratory solutions limited with a 100% stake. Precedental Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.

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Precedental Limited Health Check

Pomanda's financial health check has awarded Precedental Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£1m)

£1.5m - Precedental Limited

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (6.1%)

7% - Precedental Limited

6.1% - Industry AVG

production

Production

with a gross margin of 42.5%, this company has a comparable cost of product (47.5%)

42.5% - Precedental Limited

47.5% - Industry AVG

profitability

Profitability

an operating margin of 39.3% make it more profitable than the average company (7.3%)

39.3% - Precedental Limited

7.3% - Industry AVG

employees

Employees

with 21 employees, this is above the industry average (11)

21 - Precedental Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £21.9k, the company has an equivalent pay structure (£21.9k)

£21.9k - Precedental Limited

£21.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £72.2k, this is less efficient (£95.3k)

£72.2k - Precedental Limited

£95.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is later than average (7 days)

32 days - Precedental Limited

7 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 20 days, this is quicker than average (26 days)

20 days - Precedental Limited

26 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 36 days, this is more than average (12 days)

36 days - Precedental Limited

12 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 172 weeks, this is more cash available to meet short term requirements (1 weeks)

172 weeks - Precedental Limited

1 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 7.2%, this is a lower level of debt than the average (62.6%)

7.2% - Precedental Limited

62.6% - Industry AVG

PRECEDENTAL LIMITED financials

EXPORTms excel logo

Precedental Limited's latest turnover from December 2023 is estimated at £1.5 million and the company has net assets of £1 million. According to their latest financial statements, Precedental Limited has 21 employees and maintains cash reserves of £185.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover1,516,9691,303,5401,247,5691,160,0851,226,9571,345,5771,325,2591,424,5551,337,0291,290,4911,110,589934,7191,370,8991,447,6071,038,064
Other Income Or Grants
Cost Of Sales871,634761,789717,891659,803693,838754,441737,761773,078718,130700,740587,607493,840732,560770,968562,958
Gross Profit645,335541,752529,678500,282533,119591,136587,499651,476618,899589,751522,982440,879638,340676,639475,106
Admin Expenses49,907245,811352,413454,012524,502500,782543,894695,759627,604454,130522,646446,969747,398408,123399,876
Operating Profit595,428295,941177,26546,2708,61790,35443,605-44,283-8,705135,621336-6,090-109,058268,51675,230
Interest Payable12,5799,31210,4432,366
Interest Receivable5,8717,7063,4752821651,0935853028598266117161,002957354
Pre-Tax Profit601,299291,068171,42836,1106,41691,44744,190-43,981-7,847136,448947-5,374-108,056269,47375,583
Tax-150,325-55,303-32,571-6,861-1,219-17,375-8,396-27,289-199-70,063-21,163
Profit After Tax450,974235,765138,85729,2495,19774,07235,794-43,981-7,847109,158748-5,374-108,056199,41054,420
Dividends Paid
Retained Profit450,974235,765138,85729,2495,19774,07235,794-43,981-7,847109,158748-5,374-108,056199,41054,420
Employee Costs460,688393,518403,515423,112498,501482,405446,030433,862454,344466,271178,493143,135196,699201,600149,371
Number Of Employees211921232828293031321210151410
EBITDA*614,971306,445197,94371,16231,364107,29862,014-21,6175,127148,31114,47511,386-90,453283,83089,685

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets125,36097,536108,040123,511117,17295,42596,416112,09071,69975,61472,23879,32895,65683,32582,358
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets125,36097,536108,040123,511117,17295,42596,416112,09071,69975,61472,23879,32895,65683,32582,358
Stock & work in progress87,98153,24979,89853,34234,09543,70017,50017,50017,50017,50017,50017,67220,79019,80019,600
Trade Debtors135,842121,745117,786110,89683,297143,694173,400159,189179,061153,173146,825126,775210,120175,076155,491
Group Debtors430,749280,000
Misc Debtors143,272122,02212,68418,01848,2624,8664,3034,4564,0583,960
Cash185,65838,002292,585402,328162,100168,286123,056111,136130,470212,930117,582126,715159,744241,162141,454
misc current assets
total current assets983,502615,018502,953584,584327,754360,546318,259292,281331,089387,563281,907271,162390,654436,038316,545
total assets1,108,862712,554610,993708,095444,926455,971414,675404,371402,788463,177354,145350,490486,310519,363398,903
Bank overdraft1,233210,64412,109
Bank loan
Trade Creditors 49,75730,66832,80741,92820,78943,72244,80039,88539,07637,109204,813200,685326,179251,793333,241
Group/Directors Accounts10,65426,69553,72724,43485,141
other short term finances
hp & lease commitments14,49713,880
other current liabilities6,22781,13576,28136,77817,42977,65579,00565,58486,50180,425
total current liabilities55,984111,803110,321289,35050,327132,031164,997173,076150,011202,675204,813200,685326,179251,793333,241
loans54,16765,462
hp & lease commitments14,497
Accruals and Deferred Income
other liabilities
provisions23,24922,09618,92521,68815,49615,49615,30618,22010,21810,0968,0849,30514,25713,64011,142
total long term liabilities23,24922,09618,92575,85580,95815,49615,30632,71710,21810,0968,0849,30514,25713,64011,142
total liabilities79,233133,899129,246365,205131,285147,527180,303205,793160,229212,771212,897209,990340,436265,433344,383
net assets1,029,629578,655481,747342,890313,641308,444234,372198,578242,559250,406141,248140,500145,874253,93054,520
total shareholders funds1,029,629578,655481,747342,890313,641308,444234,372198,578242,559250,406141,248140,500145,874253,93054,520
Dec 2023Dec 2022May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit595,428295,941177,26546,2708,61790,35443,605-44,283-8,705135,621336-6,090-109,058268,51675,230
Depreciation19,54310,50420,67824,89222,74716,94418,40922,66613,83212,69014,13917,47618,60515,31414,455
Amortisation
Tax-150,325-55,303-32,571-6,861-1,219-17,375-8,396-27,289-199-70,063-21,163
Stock34,732-9326,55619,247-9,60526,200-172-3,11899020019,600
Debtors186,096394,8531,556-2,645-17,001-29,14314,058-19,47425,98610,30820,050-83,34535,04419,585155,491
Creditors19,089-11,260-9,12121,139-22,933-1,0784,9158091,967-167,7044,128-125,49474,386-81,448333,241
Accruals and Deferred Income-74,90844,35739,50319,349-60,226-1,35013,421-20,9176,07680,425
Deferred Taxes & Provisions1,153408-2,7636,192190-2,9148,0021222,012-1,221-4,9526172,49811,142
Cash flow from operations189,152-110,113164,87994,379-26,40890,62854,982-14,249-12,69425,447-2,695-32,597-51,484115,032237,814
Investing Activities
capital expenditure-47,36715,471-5,207-31,231-44,494-15,953-2,735-63,057-9,917-16,066-7,049-1,148-30,936-16,281-96,813
Change in Investments
cash flow from investments-47,36715,471-5,207-31,231-44,494-15,953-2,735-63,057-9,917-16,066-7,049-1,148-30,936-16,281-96,813
Financing Activities
Bank loans
Group/Directors Accounts-10,654-16,041-27,03229,293-60,70785,141
Other Short Term Loans
Long term loans-54,167-54,167-11,29565,462
Hire Purchase and Lease Commitments-14,497-13,88028,377
other long term liabilities
share issue100
interest5,871-4,873-5,837-10,161-2,2011,0935853028598266117161,002957354
cash flow from financing5,871-59,040-60,004-21,45652,607-29,445-40,32757,972-59,84885,9676117161,002957454
cash and cash equivalents
cash147,656-364,326-109,743240,228-6,18645,23011,920-19,334-82,46095,348-9,133-33,029-81,41899,708141,454
overdraft-210,644-209,411198,53512,109
change in cash147,656-153,68299,66841,693-18,29545,23011,920-19,334-82,46095,348-9,133-33,029-81,41899,708141,454

precedental limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Precedental Limited Competitor Analysis

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Perform a competitor analysis for precedental limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in W1W area or any other competitors across 12 key performance metrics.

precedental limited Ownership

PRECEDENTAL LIMITED group structure

Precedental Limited has no subsidiary companies.

Ultimate parent company

GENERAL PARTNER OF ANSOR FUND I LP

#0162806

2 parents

PRECEDENTAL LIMITED

02793485

PRECEDENTAL LIMITED Shareholders

amalgamated laboratory solutions limited 100%

precedental limited directors

Precedental Limited currently has 4 directors. The longest serving directors include Mr Peter Smith (Feb 1993) and Mr Ross Liversidge (Feb 1993).

officercountryagestartendrole
Mr Peter SmithEngland56 years Feb 1993- Director
Mr Ross LiversidgeEngland58 years Feb 1993- Director
Mr Thomas LaveryEngland56 years Jun 2022- Director
Mr Kenneth BurnsEngland44 years Jun 2022- Director

P&L

December 2023

turnover

1.5m

+16%

operating profit

595.4k

0%

gross margin

42.6%

+2.36%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

1m

+0.78%

total assets

1.1m

+0.56%

cash

185.7k

+3.89%

net assets

Total assets minus all liabilities

precedental limited company details

company number

02793485

Type

Private limited with Share Capital

industry

86230 - Dental practice activities

incorporation date

February 1993

age

32

incorporated

UK

ultimate parent company

GENERAL PARTNER OF ANSOR FUND I LP

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

85 great portland street, london, W1W 7LT

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

precedental 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 found 4 charges/mortgages relating to precedental limited. Currently there are 3 open charges and 1 have been satisfied in the past.

precedental 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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precedental limited Companies House Filings - See Documents

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