luton centre limited

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luton centre limited Company Information

Share LUTON CENTRE LIMITED

Company Number

05968221

Shareholders

obex group limited

Group Structure

View All

Industry

Dental practice activities

 

Registered Address

105-111 high street, houghton regis, dunstable, LU5 5BJ

luton centre limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of LUTON CENTRE LIMITED at £1.1m based on a Turnover of £2.1m and 0.55x industry multiple (adjusted for size and gross margin).

luton centre limited Estimated Valuation

£105k

Pomanda estimates the enterprise value of LUTON CENTRE LIMITED at £105k based on an EBITDA of £30.3k and a 3.46x industry multiple (adjusted for size and gross margin).

luton centre limited Estimated Valuation

£179k

Pomanda estimates the enterprise value of LUTON CENTRE LIMITED at £179k based on Net Assets of £68.8k and 2.6x industry multiple (adjusted for liquidity).

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Luton Centre Limited Overview

Luton Centre Limited is a live company located in dunstable, LU5 5BJ with a Companies House number of 05968221. It operates in the dental practice activities sector, SIC Code 86230. Founded in October 2006, it's largest shareholder is obex group limited with a 100% stake. Luton Centre Limited is a established, small sized company, Pomanda has estimated its turnover at £2.1m with high growth in recent years.

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Luton Centre Limited Health Check

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

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £2.1m, make it larger than the average company (£970k)

£2.1m - Luton Centre Limited

£970k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.4%)

16% - Luton Centre Limited

6.4% - Industry AVG

production

Production

with a gross margin of 44.6%, this company has a comparable cost of product (50%)

44.6% - Luton Centre Limited

50% - Industry AVG

profitability

Profitability

an operating margin of -2.2% make it less profitable than the average company (8.9%)

-2.2% - Luton Centre Limited

8.9% - Industry AVG

employees

Employees

with 31 employees, this is above the industry average (11)

31 - Luton Centre Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £22.2k, the company has an equivalent pay structure (£22.2k)

£22.2k - Luton Centre Limited

£22.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66.6k, this is less efficient (£92.9k)

£66.6k - Luton Centre Limited

£92.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Luton Centre Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 204 days, this is slower than average (25 days)

204 days - Luton Centre Limited

25 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 9 days, this is in line with average (11 days)

9 days - Luton Centre Limited

11 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (1 weeks)

0 weeks - Luton Centre Limited

1 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.8%, this is a higher level of debt than the average (49.3%)

93.8% - Luton Centre Limited

49.3% - Industry AVG

LUTON CENTRE LIMITED financials

EXPORTms excel logo

Luton Centre Limited's latest turnover from March 2024 is estimated at £2.1 million and the company has net assets of £68.8 thousand. According to their latest financial statements, Luton Centre Limited has 31 employees and maintains cash reserves of £3.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Dec 2012Dec 2011Dec 2010Dec 2009
Turnover2,064,1961,870,2001,349,1841,338,4611,652,8921,488,4421,239,1551,257,9991,181,4081,749,8181,923,1861,691,368952,9201,082,079
Other Income Or Grants
Cost Of Sales1,142,8481,063,988769,080762,044927,236830,862683,126681,553639,707933,742814,369640,765510,522607,153
Gross Profit921,348806,211580,104576,417725,656657,580556,029576,446541,701816,0761,108,8171,050,603442,398474,926
Admin Expenses966,762829,3673,434,371-585,602266,221314,540311,333509,396393,429399,4351,095,9411,086,436181,561333,821-589,798
Operating Profit-45,414-23,156-2,854,2671,162,019459,435343,040244,69667,050148,272416,64112,876-35,833260,837141,105589,798
Interest Payable64261799199112,3832,449
Interest Receivable5,7186,7181,7443973483,7123,1468178422,8115632
Pre-Tax Profit-39,696-16,438-2,852,5231,162,416459,783346,752247,20167,250148,123418,461493-38,282261,400141,107589,799
Tax-220,859-87,359-65,883-46,968-13,450-29,624-87,877-5,4293,036-67,964-39,510-165,144
Profit After Tax-39,696-16,438-2,852,523941,557372,424280,869200,23353,800118,498330,584-4,936-35,246193,436101,597424,655
Dividends Paid
Retained Profit-39,696-16,438-2,852,523941,557372,424280,869200,23353,800118,498330,584-4,936-35,246193,436101,597424,655
Employee Costs687,446578,872462,748428,668519,429505,440388,267345,665389,697434,135423,774726,357134,325144,498
Number Of Employees31292524303026242730211699
EBITDA*30,32742,191-2,797,0801,212,855527,768400,304408,482312,156358,318547,006177,22992,362385,141258,347703,822

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets92,15472,52743,95235,13713,75582,088120,897164,343212,426134,410238,510275,332351,608490,736468,618
Intangible Assets50,403100,807151,211201,615105,000217,000329,000357,000392,000420,000448,000476,000
Investments & Other72,00072,000
Debtors (Due After 1 year)
Total Fixed Assets142,557173,334195,163236,75213,75582,088120,897269,343501,426535,410595,510667,332771,608938,736944,618
Stock & work in progress29,88729,88725,27221,69415,31530,13315,94711,57211,43620,00020,00020,00020,00020,000
Trade Debtors141,532183,645130,12594,403100,24965,39587,677114,319118,094118,899
Group Debtors853,429799,429799,4292,759,2121,945,1421,642,590860,155799,957818,250800,000
Misc Debtors72,88970,2867,0949,5888,8161,98622,224550,682398,170
Cash3,369214,462101,673363,511431,115264,582725,188533,398120,518216,241908,020337,248224,49055460
misc current assets
total current assets959,5741,114,064933,4683,295,5372,584,0332,069,4161,695,6931,445,1761,015,5991,058,4651,478,702843,095358,809138,648118,959
total assets1,102,1311,287,3981,128,6313,532,2892,597,7882,151,5041,816,5901,714,5191,517,0251,593,8752,074,2121,510,4271,130,4171,077,3841,063,577
Bank overdraft19,74230,491601
Bank loan
Trade Creditors 639,070694,114272,955128,287208,47270,449410,726551,129638,919
Group/Directors Accounts256,169336,737553,8882,57812,45018,293
other short term finances
hp & lease commitments
other current liabilities120,948137,111174,640423,950340,949487,285428,894512,386284,442553,2911,394,703825,381
total current liabilities1,016,1871,167,9621,001,483554,815561,871487,285428,894532,128373,184583,7821,394,703825,982410,726551,129638,919
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions17,12710,9232,1977265,07215,250
total long term liabilities17,12710,9232,1977265,07215,250
total liabilities1,033,3141,178,8851,003,680554,815561,871488,011433,966532,128388,434583,7821,394,703825,982410,726551,129638,919
net assets68,817108,513124,9512,977,4742,035,9171,663,4931,382,6241,182,3911,128,5911,010,093679,509684,445719,691526,255424,658
total shareholders funds68,817108,513124,9512,977,4742,035,9171,663,4931,382,6241,182,3911,128,5911,010,093679,509684,445719,691526,255424,658
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-45,414-23,156-2,854,2671,162,019459,435343,040244,69667,050148,272416,64112,876-35,833260,837141,105589,798
Depreciation25,33714,9436,78343268,33357,26458,786133,10698,046102,365129,353100,19596,30489,24286,024
Amortisation50,40450,40450,40450,404105,000112,000112,00028,00035,00028,00028,00028,00028,000
Tax-220,859-87,359-65,883-46,968-13,450-29,624-87,877-5,4293,036-67,964-39,510-165,144
Stock4,6153,5786,379-14,81814,1864,375136-8,56420,00020,000
Debtors56,60363,192-2,103,809772,729362,902820,14354,35216,56161,421271,542550,682371,528-3,775-805118,899
Creditors-55,044421,159144,668-80,185208,472-70,44970,449-410,726-140,403-87,790638,919
Accruals and Deferred Income-16,163-37,529-249,31083,001-146,33658,391-83,492227,944-268,849-841,4121,394,703825,381
Deferred Taxes & Provisions6,2048,7262,197-726-4,3465,072-15,25015,250
Cash flow from operations-91,279366,740-799,294215,704153,735-445,863224,367424,25492,687-653,825995,821138,525180,549111,8521,058,698
Investing Activities
capital expenditure-44,964-43,518-15,598-273,833-18,455-15,340-85,023-176,0621,735-759,863-23,91942,824-111,360-1,058,642
Change in Investments-72,00072,000
cash flow from investments-44,964-43,518-15,598-273,833-18,455-15,340-13,023-176,062-70,265-759,863-23,91942,824-111,360-1,058,642
Financing Activities
Bank loans
Group/Directors Accounts-80,568-217,151551,310-9,87212,450-18,29318,293
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue684,4453
interest5,7186,7181,7443973483,7122,504200-1491,820-12,383-2,4495632
cash flow from financing-74,850-210,433553,054-9,47512,7983,7122,504-18,09318,1441,820672,062-2,44956323
cash and cash equivalents
cash-211,093112,789-261,838-67,604166,533-460,606191,790412,880-95,723-691,779908,020112,758223,93649460
overdraft-19,74219,742-30,49130,491601
change in cash-211,093112,789-261,838-67,604166,533-460,606211,532393,138-65,232-722,270908,020112,157223,93649460

luton centre 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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Luton Centre Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for luton centre limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in LU5 area or any other competitors across 12 key performance metrics.

luton centre limited Ownership

LUTON CENTRE LIMITED group structure

Luton Centre Limited has no subsidiary companies.

Ultimate parent company

2 parents

LUTON CENTRE LIMITED

05968221

LUTON CENTRE LIMITED Shareholders

obex group limited 100%

luton centre limited directors

Luton Centre Limited currently has 2 directors. The longest serving directors include Dr Sarabjit Bhandal (Oct 2006) and Dr Andrew Entwistle (Apr 2015).

officercountryagestartendrole
Dr Sarabjit BhandalUnited Kingdom54 years Oct 2006- Director
Dr Andrew EntwistleEngland56 years Apr 2015- Director

P&L

March 2024

turnover

2.1m

+10%

operating profit

-45.4k

0%

gross margin

44.7%

+3.54%

turnover

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

Balance Sheet

March 2024

net assets

68.8k

-0.37%

total assets

1.1m

-0.14%

cash

3.4k

-0.98%

net assets

Total assets minus all liabilities

luton centre limited company details

company number

05968221

Type

Private limited with Share Capital

industry

86230 - Dental practice activities

incorporation date

October 2006

age

19

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

105-111 high street, houghton regis, dunstable, LU5 5BJ

Bank

-

Legal Advisor

-

luton centre 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 1 charges/mortgages relating to luton centre limited. Currently there are 1 open charges and 0 have been satisfied in the past.

luton centre 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.

Click to start generating capital raising & share issue transactions for LUTON CENTRE LIMITED. This can take several minutes, an email will notify you when this has completed.

luton centre limited Companies House Filings - See Documents

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