606 practice ltd

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606 practice ltd Company Information

Share 606 PRACTICE LTD

Company Number

05922260

Directors

Sanjay Talwar

Shareholders

sanjay talwar

Group Structure

View All

Industry

Dental practice activities

 

Registered Address

606 warwick road, solihull, west midlands, B91 1AA

606 practice ltd Estimated Valuation

£849.2k

Pomanda estimates the enterprise value of 606 PRACTICE LTD at £849.2k based on a Turnover of £1.5m and 0.56x industry multiple (adjusted for size and gross margin).

606 practice ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of 606 PRACTICE LTD at £0 based on an EBITDA of £-17.5k and a 3.55x industry multiple (adjusted for size and gross margin).

606 practice ltd Estimated Valuation

£14.1k

Pomanda estimates the enterprise value of 606 PRACTICE LTD at £14.1k based on Net Assets of £5.4k and 2.6x industry multiple (adjusted for liquidity).

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606 Practice Ltd Overview

606 Practice Ltd is a live company located in west midlands, B91 1AA with a Companies House number of 05922260. It operates in the dental practice activities sector, SIC Code 86230. Founded in September 2006, it's largest shareholder is sanjay talwar with a 100% stake. 606 Practice Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.

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606 Practice Ltd Health Check

Pomanda's financial health check has awarded 606 Practice Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£945.2k)

£1.5m - 606 Practice Ltd

£945.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (3.3%)

15% - 606 Practice Ltd

3.3% - Industry AVG

production

Production

with a gross margin of 48.5%, this company has a comparable cost of product (48.5%)

48.5% - 606 Practice Ltd

48.5% - Industry AVG

profitability

Profitability

an operating margin of -2.4% make it less profitable than the average company (7.8%)

-2.4% - 606 Practice Ltd

7.8% - Industry AVG

employees

Employees

with 17 employees, this is above the industry average (11)

17 - 606 Practice Ltd

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)

£20.7k - 606 Practice Ltd

£20.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £88.8k, this is equally as efficient (£89k)

£88.8k - 606 Practice Ltd

£89k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is later than average (8 days)

13 days - 606 Practice Ltd

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 36 days, this is slower than average (27 days)

36 days - 606 Practice Ltd

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (12 days)

3 days - 606 Practice Ltd

12 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is average cash available to meet short term requirements (2 weeks)

2 weeks - 606 Practice Ltd

2 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.1%, this is a higher level of debt than the average (54.4%)

99.1% - 606 Practice Ltd

54.4% - Industry AVG

606 PRACTICE LTD financials

EXPORTms excel logo

606 Practice Ltd's latest turnover from September 2023 is estimated at £1.5 million and the company has net assets of £5.4 thousand. According to their latest financial statements, 606 Practice Ltd has 17 employees and maintains cash reserves of £25.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover1,509,6081,162,090990,117993,971904,620883,582934,744159,568581,117511,068736,405567,347793,495497,116
Other Income Or Grants
Cost Of Sales777,273603,935497,825511,359463,028442,998456,33077,458276,056246,402347,518265,623364,643224,292
Gross Profit732,334558,154492,292482,612441,593440,584478,41482,110305,061264,666388,887301,724428,852272,824
Admin Expenses768,479497,985487,660474,663441,885480,566447,54116,650311,526313,850380,604307,157461,998254,978-76,142
Operating Profit-36,14560,1694,6327,949-292-39,98230,87365,460-6,465-49,1848,283-5,433-33,14617,84676,142
Interest Payable3,8285,8076,3865,9174,1153,2473,4361,6411603,5263,366
Interest Receivable925110484
Pre-Tax Profit-39,04854,473-1,7542,032-4,407-43,22927,43763,819-6,461-49,1778,287-5,433-33,30614,31972,776
Tax-10,350-386-5,213-12,764-1,906-4,009-20,377
Profit After Tax-39,04844,123-1,7541,646-4,407-43,22922,22451,055-6,461-49,1776,381-5,433-33,30610,31052,399
Dividends Paid
Retained Profit-39,04844,123-1,7541,646-4,407-43,22922,22451,055-6,461-49,1776,381-5,433-33,30610,31052,399
Employee Costs352,211328,313313,491302,680258,715245,952233,94543,842116,341104,133143,116109,916144,00092,877
Number Of Employees17171717151616387108106
EBITDA*-17,46178,45628,51422,82219,538-13,54263,76583,3447,024-36,30116,6736,75435,47178,206165,642

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets135,62755,35671,64544,61659,48979,319105,75953,65140,47133,17033,56141,95117,5382,1872,547
Intangible Assets60,000120,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets135,62755,35671,64544,61659,48979,319105,75953,65140,47133,17033,56141,95117,53862,187122,547
Stock & work in progress7,6247,3928,6429,2489,0045,7585,3255,5755,5755,4105,4105,4105,4103,50011,000
Trade Debtors57,00030,23433,58361,69147,03262,32048,28657,996
Group Debtors
Misc Debtors355,005360,005138,141147,40493,42283,393126,45082,045
Cash25,4499,790161,5001,500
misc current assets
total current assets445,078377,187146,783156,652102,42689,151131,77587,62035,82540,49368,60152,44267,73051,78668,996
total assets580,705432,543218,428201,268161,915168,470237,534141,27176,29673,663102,16294,39385,268113,973191,543
Bank overdraft55,58539,62146,87638,79357,42452,523
Bank loan10,11916,110
Trade Creditors 77,00440,16153,96421,96122,04638,39426,53026,895101,48392,38971,71170,32355,76546,23335,478
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities461,343295,18352,05857,85745,32852,36249,83925,255
total current liabilities548,466351,454161,607119,439114,250129,549133,793104,673101,48392,38971,71170,32355,76546,23335,478
loans15,65926,15842,91771,25036,2504,931103,566
hp & lease commitments
Accruals and Deferred Income
other liabilities20,34235,891
provisions11,15710,46013,5568,47710,95913,71619,75810,730
total long term liabilities26,81636,61856,47379,72747,20934,05855,64910,7304,931103,566
total liabilities575,282388,072218,080199,166161,459163,607189,442115,403101,48392,38971,71170,32355,76551,164139,044
net assets5,42344,4713482,1024564,86348,09225,868-25,187-18,72630,45124,07029,50362,80952,499
total shareholders funds5,42344,4713482,1024564,86348,09225,868-25,187-18,72630,45124,07029,50362,80952,499
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit-36,14560,1694,6327,949-292-39,98230,87365,460-6,465-49,1848,283-5,433-33,14617,84676,142
Depreciation18,68418,28723,88214,87319,83026,44032,89217,88413,48912,8838,39012,1878,61736019,500
Amortisation60,00060,00070,000
Tax-10,350-386-5,213-12,764-1,906-4,009-20,377
Stock232-1,250-6062443,246433-2501651,910-7,50011,000
Debtors52,000221,864-9,26353,98210,029-43,05744,40551,811-3,349-28,10814,659-15,28814,034-9,71057,996
Creditors36,843-13,80332,003-85-16,34811,864-365-74,5889,09420,6781,38814,5589,53210,75535,478
Accruals and Deferred Income166,160243,125-5,79912,529-7,0342,52324,58425,255
Deferred Taxes & Provisions697-3,0965,079-2,482-2,757-6,0429,02810,730
Cash flow from operations134,00773,71869,666-21,828-19,87637,42747,644-19,83419,30212,4851,49636,60029,059102,162111,747
Investing Activities
capital expenditure-98,955-1,998-50,911-85,000-31,064-20,790-12,492-36,600-23,968-212,047
Change in Investments
cash flow from investments-98,955-1,998-50,911-85,000-31,064-20,790-12,492-36,600-23,968-212,047
Financing Activities
Bank loans-5,99116,110
Group/Directors Accounts
Other Short Term Loans
Long term loans-10,499-16,759-28,33335,00036,250-4,931-98,635103,566
Hire Purchase and Lease Commitments
other long term liabilities-20,342-15,54935,891
share issue100
interest-2,903-5,697-6,386-5,917-4,115-3,247-3,436-1,641484-160-3,526-3,366
cash flow from financing-19,393-6,346-34,71929,08311,793-18,79632,455-1,641484-5,091-102,161100,300
cash and cash equivalents
cash15,6599,790-16-1,4841,500
overdraft-55,58515,964-7,2558,083-18,6314,90152,523
change in cash15,65965,375-15,9647,255-8,08318,631-4,901-52,539-1,4841,500

606 practice ltd 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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606 Practice Ltd Competitor Analysis

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Perform a competitor analysis for 606 practice ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in B91 area or any other competitors across 12 key performance metrics.

606 practice ltd Ownership

606 PRACTICE LTD group structure

606 Practice Ltd has no subsidiary companies.

Ultimate parent company

606 PRACTICE LTD

05922260

606 PRACTICE LTD Shareholders

sanjay talwar 100%

606 practice ltd directors

606 Practice Ltd currently has 1 director, Mr Sanjay Talwar serving since Sep 2006.

officercountryagestartendrole
Mr Sanjay TalwarUnited Kingdom56 years Sep 2006- Director

P&L

September 2023

turnover

1.5m

+30%

operating profit

-36.1k

0%

gross margin

48.6%

+1%

turnover

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

Balance Sheet

September 2023

net assets

5.4k

-0.88%

total assets

580.7k

+0.34%

cash

25.4k

+1.6%

net assets

Total assets minus all liabilities

606 practice ltd company details

company number

05922260

Type

Private limited with Share Capital

industry

86230 - Dental practice activities

incorporation date

September 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

ORMEROD RUTTER LIMITED

auditor

-

address

606 warwick road, solihull, west midlands, B91 1AA

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

606 practice ltd 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 606 practice ltd.

606 practice ltd 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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606 practice ltd Companies House Filings - See Documents

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