watford orthodontics ltd
watford orthodontics ltd Company Information
Company Number
06767355
Registered Address
second floor kennel club house, gatehouse way, aylesbury, buckinghamshire, HP19 8DB
Industry
Dental practice activities
Telephone
01923229109
Next Accounts Due
December 2024
Group Structure
View All
Directors
Daljit Gill15 Years
Shareholders
daljit gill 100%
watford orthodontics ltd Estimated Valuation
Pomanda estimates the enterprise value of WATFORD ORTHODONTICS LTD at £479.7k based on a Turnover of £799.6k and 0.6x industry multiple (adjusted for size and gross margin).
watford orthodontics ltd Estimated Valuation
Pomanda estimates the enterprise value of WATFORD ORTHODONTICS LTD at £1.4m based on an EBITDA of £314.8k and a 4.32x industry multiple (adjusted for size and gross margin).
watford orthodontics ltd Estimated Valuation
Pomanda estimates the enterprise value of WATFORD ORTHODONTICS LTD at £3.1m based on Net Assets of £1.1m and 2.89x industry multiple (adjusted for liquidity).
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Watford Orthodontics Ltd Overview
Watford Orthodontics Ltd is a live company located in aylesbury, HP19 8DB with a Companies House number of 06767355. It operates in the dental practice activities sector, SIC Code 86230. Founded in December 2008, it's largest shareholder is daljit gill with a 100% stake. Watford Orthodontics Ltd is a established, small sized company, Pomanda has estimated its turnover at £799.6k with healthy growth in recent years.
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Watford Orthodontics Ltd Health Check
Pomanda's financial health check has awarded Watford Orthodontics Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 1 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
1 Weak
Size
annual sales of £799.6k, make it in line with the average company (£925.6k)
- Watford Orthodontics Ltd
£925.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (2.6%)
- Watford Orthodontics Ltd
2.6% - Industry AVG
Production
with a gross margin of 49%, this company has a comparable cost of product (49%)
- Watford Orthodontics Ltd
49% - Industry AVG
Profitability
an operating margin of 31.3% make it more profitable than the average company (7.7%)
- Watford Orthodontics Ltd
7.7% - Industry AVG
Employees
with 10 employees, this is similar to the industry average (11)
10 - Watford Orthodontics Ltd
11 - Industry AVG
Pay Structure
on an average salary of £19.9k, the company has an equivalent pay structure (£19.9k)
- Watford Orthodontics Ltd
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £80k, this is equally as efficient (£84.5k)
- Watford Orthodontics Ltd
£84.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Watford Orthodontics Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Watford Orthodontics Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is more than average (11 days)
- Watford Orthodontics Ltd
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 230 weeks, this is more cash available to meet short term requirements (2 weeks)
230 weeks - Watford Orthodontics Ltd
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.9%, this is a lower level of debt than the average (52.9%)
40.9% - Watford Orthodontics Ltd
52.9% - Industry AVG
WATFORD ORTHODONTICS LTD financials
Watford Orthodontics Ltd's latest turnover from March 2023 is estimated at £799.6 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Watford Orthodontics Ltd has 10 employees and maintains cash reserves of £690.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 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 | 10 | 10 | 10 | 9 | 10 | 8 | 6 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 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 | 509,969 | 361,914 | 332,720 | 349,166 | 362,939 | 390,155 | 267,614 | 284,399 | 261,607 | 259,508 | 242,095 | 138,858 | 12,856 | 19,284 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 160,000 | 160,000 | 0 | 0 | 0 | 0 | 0 | 56,667 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 669,969 | 521,914 | 332,720 | 349,166 | 362,939 | 390,155 | 267,614 | 341,066 | 261,607 | 259,508 | 242,095 | 138,858 | 12,856 | 19,284 |
| Stock & work in progress | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 26,000 | 25,000 | 25,500 | 23,232 | 23,275 | 29,947 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56,667 | 54,682 | 106,828 | 71,900 | 206,922 | 515,908 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 409,872 | 237,801 | 217,346 | 217,346 | 12,000 | 12,000 | 12,000 | 303 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 690,508 | 749,549 | 797,051 | 794,387 | 516,644 | 543,131 | 701,953 | 230,029 | 322,549 | 905,926 | 347,455 | 296,793 | 221,275 | 93 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,124,380 | 1,011,350 | 1,038,397 | 1,035,733 | 552,644 | 579,131 | 737,953 | 256,332 | 404,216 | 986,108 | 477,515 | 391,968 | 458,144 | 516,001 |
| total assets | 1,794,349 | 1,533,264 | 1,371,117 | 1,384,899 | 915,583 | 969,286 | 1,005,567 | 597,398 | 665,823 | 1,245,616 | 719,610 | 530,826 | 471,000 | 535,285 |
| Bank overdraft | 15,540 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 230,052 | 552,033 | 290,629 | 88,979 | 103,850 | 325,375 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 93,015 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 47,520 | 106,218 | 112,980 | 270,741 | 62,211 | 82,118 | 232,952 | 168,499 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 156,075 | 106,218 | 112,980 | 270,741 | 62,211 | 82,118 | 232,952 | 168,499 | 230,052 | 552,033 | 290,629 | 88,979 | 103,850 | 325,375 |
| loans | 527,852 | 527,852 | 769,447 | 769,447 | 770,330 | 770,330 | 770,330 | 49,330 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 50,468 | 22,338 | 16,791 | 17,151 | 20,184 | 8,995 | 0 | 196 | 196 | 196 | 196 | 196 | 2,208 | 2,208 |
| total long term liabilities | 578,320 | 550,190 | 786,238 | 786,598 | 790,514 | 779,325 | 770,330 | 49,526 | 196 | 196 | 196 | 196 | 2,208 | 2,208 |
| total liabilities | 734,395 | 656,408 | 899,218 | 1,057,339 | 852,725 | 861,443 | 1,003,282 | 218,025 | 230,248 | 552,229 | 290,825 | 89,175 | 106,058 | 327,583 |
| net assets | 1,059,954 | 876,856 | 471,899 | 327,560 | 62,858 | 107,843 | 2,285 | 379,373 | 435,575 | 693,387 | 428,785 | 441,651 | 364,942 | 207,702 |
| total shareholders funds | 1,059,954 | 876,856 | 471,899 | 327,560 | 62,858 | 107,843 | 2,285 | 379,373 | 435,575 | 693,387 | 428,785 | 441,651 | 364,942 | 207,702 |
| Mar 2023 | Mar 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 | 64,419 | 11,301 | 18,050 | 16,875 | 27,216 | 29,801 | 16,786 | 18,576 | 8,235 | 5,652 | 8,219 | 6,428 | 6,428 | 6,428 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -2,000 | 1,000 | -500 | 2,268 | -43 | -6,672 | 29,947 | 0 |
| Debtors | 172,071 | 180,455 | 0 | 205,346 | 0 | 0 | -44,970 | 303 | 1,985 | -52,146 | 34,928 | -135,022 | -308,986 | 515,908 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -230,052 | -321,981 | 261,404 | 201,650 | -14,871 | -221,525 | 325,375 |
| Accruals and Deferred Income | -58,698 | -6,762 | -157,761 | 208,530 | -19,907 | -150,834 | 64,453 | 168,499 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 28,130 | 5,547 | -360 | -3,033 | 11,189 | 8,995 | -196 | 0 | 0 | 0 | 0 | -2,012 | 0 | 2,208 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -241,595 | 0 | -883 | 0 | 0 | 721,000 | 49,330 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 93,015 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -59,041 | -47,502 | 2,664 | 277,743 | -26,487 | -158,822 | 471,924 | -92,520 | -583,377 | 558,471 | 50,662 | 75,518 | 221,182 | 93 |
| overdraft | 15,540 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -74,581 | -47,502 | 2,664 | 277,743 | -26,487 | -158,822 | 471,924 | -92,520 | -583,377 | 558,471 | 50,662 | 75,518 | 221,182 | 93 |
watford orthodontics ltd Credit Report and Business Information
Watford Orthodontics Ltd Competitor Analysis
Perform a competitor analysis for watford orthodontics ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in HP19 area or any other competitors across 12 key performance metrics.
watford orthodontics ltd Ownership
WATFORD ORTHODONTICS LTD group structure
Watford Orthodontics Ltd has no subsidiary companies.
Ultimate parent company
WATFORD ORTHODONTICS LTD
06767355
watford orthodontics ltd directors
Watford Orthodontics Ltd currently has 1 director, Dr Daljit Gill serving since Dec 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Daljit Gill | United Kingdom | 53 years | Dec 2008 | - | Director |
P&L
March 2023turnover
799.6k
+7%
operating profit
250.3k
0%
gross margin
49.1%
-0.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.1m
+0.21%
total assets
1.8m
+0.17%
cash
690.5k
-0.08%
net assets
Total assets minus all liabilities
Similar Companies
watford orthodontics ltd company details
company number
06767355
Type
Private limited with Share Capital
industry
86230 - Dental practice activities
incorporation date
December 2008
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
HAINES WATTS
auditor
-
address
second floor kennel club house, gatehouse way, aylesbury, buckinghamshire, HP19 8DB
Bank
-
Legal Advisor
-
watford orthodontics 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 found 3 charges/mortgages relating to watford orthodontics ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
watford orthodontics ltd Companies House Filings - See Documents
| date | description | view/download |
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