smile2o limited
smile2o limited Company Information
Company Number
06514717
Next Accounts
Apr 2025
Shareholders
dentex clinical limited
Group Structure
View All
Industry
Dental practice activities
Registered Address
rosehill new barn lane, cheltenham, GL52 3LZ
Website
www.smile2o.comsmile2o limited Estimated Valuation
Pomanda estimates the enterprise value of SMILE2O LIMITED at £276.3k based on a Turnover of £505.8k and 0.55x industry multiple (adjusted for size and gross margin).
smile2o limited Estimated Valuation
Pomanda estimates the enterprise value of SMILE2O LIMITED at £431.9k based on an EBITDA of £125.2k and a 3.45x industry multiple (adjusted for size and gross margin).
smile2o limited Estimated Valuation
Pomanda estimates the enterprise value of SMILE2O LIMITED at £1.2m based on Net Assets of £480.5k and 2.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Smile2o Limited Overview
Smile2o Limited is a dissolved company that was located in cheltenham, GL52 3LZ with a Companies House number of 06514717. It operated in the dental practice activities sector, SIC Code 86230. Founded in February 2008, it's largest shareholder was dentex clinical limited with a 100% stake. The last turnover for Smile2o Limited was estimated at £505.8k.
Upgrade for unlimited company reports & a free credit check
Smile2o Limited Health Check
Pomanda's financial health check has awarded Smile2O 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
6 Strong
2 Regular
4 Weak
Size
annual sales of £505.8k, make it smaller than the average company (£921.3k)
- Smile2o Limited
£921.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (1.4%)
- Smile2o Limited
1.4% - Industry AVG
Production
with a gross margin of 48%, this company has a comparable cost of product (48%)
- Smile2o Limited
48% - Industry AVG
Profitability
an operating margin of 19.9% make it more profitable than the average company (7.9%)
- Smile2o Limited
7.9% - Industry AVG
Employees
with 8 employees, this is below the industry average (11)
8 - Smile2o Limited
11 - Industry AVG
Pay Structure
on an average salary of £19.3k, the company has an equivalent pay structure (£19.3k)
- Smile2o Limited
£19.3k - Industry AVG
Efficiency
resulting in sales per employee of £63.2k, this is less efficient (£84.4k)
- Smile2o Limited
£84.4k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (11 days)
- Smile2o Limited
11 days - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (25 days)
- Smile2o Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (11 days)
- Smile2o Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 437 weeks, this is more cash available to meet short term requirements (1 weeks)
437 weeks - Smile2o Limited
1 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.4%, this is a lower level of debt than the average (53.3%)
12.4% - Smile2o Limited
53.3% - Industry AVG
SMILE2O LIMITED financials
Smile2O Limited's latest turnover from April 2022 is estimated at £505.8 thousand and the company has net assets of £480.5 thousand. According to their latest financial statements, Smile2O Limited has 8 employees and maintains cash reserves of £460.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 8 | 8 | 7 | 7 | 7 | 6 | 6 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 76,592 | 56,368 | 76,900 | 43,463 | 57,306 | 10,976 | 35,368 | 96,357 | 167,122 | 241,592 | 305,971 | 135,726 | 64,936 |
| Intangible Assets | 342,614 | ||||||||||||
| Investments & Other | 395 | 1,464 | |||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 76,592 | 56,368 | 76,900 | 43,463 | 57,306 | 11,371 | 36,832 | 96,357 | 167,122 | 241,592 | 305,971 | 135,726 | 407,550 |
| Stock & work in progress | 3,489 | 8,780 | 8,780 | 8,780 | 7,950 | 5,184 | 5,352 | 5,462 | 5,365 | 4,687 | |||
| Trade Debtors | 7,742 | 5,254 | 20,632 | 13,431 | 22,005 | 12,037 | 12,450 | 16,993 | 15,432 | 9,256 | 10,003 | 9,075 | 6,040 |
| Group Debtors | |||||||||||||
| Misc Debtors | 192,438 | 59,447 | 135,122 | ||||||||||
| Cash | 460,597 | 705,295 | 588,721 | 604,163 | 534,483 | 573,259 | 671,291 | 529,414 | 567,883 | 458,288 | 491,585 | 553,948 | 491,646 |
| misc current assets | 1,316 | 1,526 | 3,042 | 1,767 | |||||||||
| total current assets | 471,828 | 710,549 | 609,353 | 617,594 | 565,268 | 594,076 | 692,521 | 554,357 | 588,499 | 666,650 | 568,023 | 706,552 | 504,140 |
| total assets | 548,420 | 766,917 | 686,253 | 661,057 | 622,574 | 605,447 | 729,353 | 650,714 | 755,621 | 908,242 | 873,994 | 842,278 | 911,690 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 54,751 | 160,727 | 112,218 | 197,130 | 223,259 | 264,981 | 371,369 | 96,651 | 148,485 | 168,309 | 138,245 | 95,669 | 116,993 |
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | |||||||||||||
| total current liabilities | 54,751 | 160,727 | 112,218 | 197,130 | 223,259 | 264,981 | 371,369 | 96,651 | 148,485 | 168,309 | 138,245 | 95,669 | 116,993 |
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 200,912 | 261,076 | 285,221 | 308,935 | 332,950 | 356,206 | 378,235 | 400,000 | 624,536 | 685,293 | 749,430 | 739,949 | |
| provisions | 13,217 | 9,693 | 13,371 | 7,300 | 9,561 | 4,563 | 12,461 | 21,724 | 24,579 | 20,753 | 3,159 | ||
| total long term liabilities | 13,217 | 210,605 | 274,447 | 292,521 | 318,496 | 332,950 | 356,206 | 382,798 | 412,461 | 646,260 | 709,872 | 770,183 | 743,108 |
| total liabilities | 67,968 | 371,332 | 386,665 | 489,651 | 541,755 | 597,931 | 727,575 | 479,449 | 560,946 | 814,569 | 848,117 | 865,852 | 860,101 |
| net assets | 480,452 | 395,585 | 299,588 | 171,406 | 80,819 | 7,516 | 1,778 | 171,265 | 194,675 | 93,673 | 25,877 | -23,574 | 51,589 |
| total shareholders funds | 480,452 | 395,585 | 299,588 | 171,406 | 80,819 | 7,516 | 1,778 | 171,265 | 194,675 | 93,673 | 25,877 | -23,574 | 51,589 |
| Apr 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 24,810 | 24,298 | 16,325 | 13,843 | 14,337 | 32,943 | 60,989 | 70,765 | 74,470 | 83,130 | 77,433 | 23,644 | 17,605 |
| Amortisation | 342,614 | 25,200 | |||||||||||
| Tax | |||||||||||||
| Stock | 3,489 | -8,780 | 830 | 2,766 | -168 | -110 | 97 | 678 | 4,687 | ||||
| Debtors | 2,488 | -15,378 | 7,201 | -8,574 | 9,968 | -413 | -4,543 | 1,561 | -186,262 | 132,244 | -74,747 | 138,157 | 6,040 |
| Creditors | -105,976 | 48,509 | -84,912 | -26,129 | -41,722 | -106,388 | 274,718 | -51,834 | -19,824 | 30,064 | 42,576 | -21,324 | 116,993 |
| Accruals and Deferred Income | |||||||||||||
| Deferred Taxes & Provisions | 3,524 | -3,678 | 6,071 | -2,261 | 9,561 | -4,563 | -7,898 | -9,263 | -2,855 | 3,826 | 17,594 | 3,159 | |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -395 | -1,069 | 1,464 | ||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -200,912 | -60,164 | -24,145 | -23,714 | -24,015 | -23,256 | -22,029 | -21,765 | -224,536 | -60,757 | -64,137 | 9,481 | 739,949 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -244,698 | 116,574 | -15,442 | 69,680 | -38,776 | -98,032 | 141,877 | -38,469 | 109,595 | -33,297 | -62,363 | 62,302 | 491,646 |
| overdraft | |||||||||||||
| change in cash | -244,698 | 116,574 | -15,442 | 69,680 | -38,776 | -98,032 | 141,877 | -38,469 | 109,595 | -33,297 | -62,363 | 62,302 | 491,646 |
smile2o limited Credit Report and Business Information
Smile2o Limited Competitor Analysis
Perform a competitor analysis for smile2o limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in GL52 area or any other competitors across 12 key performance metrics.
smile2o limited Ownership
SMILE2O LIMITED group structure
Smile2O Limited has no subsidiary companies.
Ultimate parent company
CORE EQUITY HOLDINGS LP
#0113761
2 parents
SMILE2O LIMITED
06514717
smile2o limited directors
Smile2O Limited currently has 2 directors. The longest serving directors include Mr Barry Lanesman (Apr 2022) and Mr Paul Davis (Oct 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Lanesman | England | 65 years | Apr 2022 | - | Director |
| Mr Paul Davis | England | 50 years | Oct 2023 | - | Director |
P&L
April 2022turnover
505.8k
-4%
operating profit
100.4k
0%
gross margin
48.1%
-3.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2022net assets
480.5k
+0.21%
total assets
548.4k
-0.28%
cash
460.6k
-0.35%
net assets
Total assets minus all liabilities
smile2o limited company details
company number
06514717
Type
Private limited with Share Capital
industry
86230 - Dental practice activities
incorporation date
February 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2022
previous names
N/A
accountant
FIGURIT
auditor
-
address
rosehill new barn lane, cheltenham, GL52 3LZ
Bank
-
Legal Advisor
-
smile2o 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 2 charges/mortgages relating to smile2o limited. Currently there are 0 open charges and 2 have been satisfied in the past.
smile2o 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 SMILE2O LIMITED. This can take several minutes, an email will notify you when this has completed.
smile2o limited Companies House Filings - See Documents
| date | description | view/download |
|---|
