lars christensen orthodontics limited Company Information
Company Number
07979403
Next Accounts
87 days late
Industry
Dental practice activities
Shareholders
dentex clinical limited
Group Structure
View All
Contact
Registered Address
rosehill new barn lane, cheltenham, GL52 3LZ
lars christensen orthodontics limited Estimated Valuation
Pomanda estimates the enterprise value of LARS CHRISTENSEN ORTHODONTICS LIMITED at £3.7m based on a Turnover of £5.9m and 0.63x industry multiple (adjusted for size and gross margin).
lars christensen orthodontics limited Estimated Valuation
Pomanda estimates the enterprise value of LARS CHRISTENSEN ORTHODONTICS LIMITED at £2.7m based on an EBITDA of £626.3k and a 4.28x industry multiple (adjusted for size and gross margin).
lars christensen orthodontics limited Estimated Valuation
Pomanda estimates the enterprise value of LARS CHRISTENSEN ORTHODONTICS LIMITED at £5.4m based on Net Assets of £1.8m and 3.02x industry multiple (adjusted for liquidity).
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Lars Christensen Orthodontics Limited Overview
Lars Christensen Orthodontics Limited is a live company located in cheltenham, GL52 3LZ with a Companies House number of 07979403. It operates in the dental practice activities sector, SIC Code 86230. Founded in March 2012, it's largest shareholder is dentex clinical limited with a 100% stake. Lars Christensen Orthodontics Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.9m with rapid growth in recent years.
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Lars Christensen Orthodontics Limited Health Check
Pomanda's financial health check has awarded Lars Christensen Orthodontics Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
3 Regular
1 Weak
Size
annual sales of £5.9m, make it larger than the average company (£942.6k)
- Lars Christensen Orthodontics Limited
£942.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 106%, show it is growing at a faster rate (2.8%)
- Lars Christensen Orthodontics Limited
2.8% - Industry AVG
Production
with a gross margin of 41.9%, this company has a comparable cost of product (48%)
- Lars Christensen Orthodontics Limited
48% - Industry AVG
Profitability
an operating margin of 9.6% make it more profitable than the average company (6.6%)
- Lars Christensen Orthodontics Limited
6.6% - Industry AVG
Employees
with 12 employees, this is similar to the industry average (11)
12 - Lars Christensen Orthodontics Limited
11 - Industry AVG
Pay Structure
on an average salary of £20.4k, the company has an equivalent pay structure (£20.4k)
- Lars Christensen Orthodontics Limited
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £489.4k, this is more efficient (£87.9k)
- Lars Christensen Orthodontics Limited
£87.9k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (8 days)
- Lars Christensen Orthodontics Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (26 days)
- Lars Christensen Orthodontics Limited
26 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (11 days)
- Lars Christensen Orthodontics Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 73 weeks, this is more cash available to meet short term requirements (2 weeks)
73 weeks - Lars Christensen Orthodontics Limited
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.4%, this is a lower level of debt than the average (60%)
19.4% - Lars Christensen Orthodontics Limited
60% - Industry AVG
LARS CHRISTENSEN ORTHODONTICS LIMITED financials
Lars Christensen Orthodontics Limited's latest turnover from January 2023 is estimated at £5.9 million and the company has net assets of £1.8 million. According to their latest financial statements, Lars Christensen Orthodontics Limited has 12 employees and maintains cash reserves of £590.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jan 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
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 | 12 | 8 | 8 | 7 | 6 | 7 | 6 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 90,010 | 116,418 | 135,704 | 172,308 | 131,391 | 74,531 | 81,406 | 48,669 | 53,940 | 72,910 | 71,503 |
Intangible Assets | 210,000 | 226,875 | 249,375 | 271,875 | 294,375 | 316,875 | 339,375 | 361,875 | 384,375 | 406,875 | 429,375 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 17,716 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 300,010 | 343,293 | 385,079 | 444,183 | 425,766 | 409,122 | 420,781 | 410,544 | 438,315 | 479,785 | 500,878 |
Stock & work in progress | 16,100 | 10,652 | 3,139 | 4,349 | 2,167 | 26,025 | 2,047 | 1,515 | 3,914 | 0 | 0 |
Trade Debtors | 1,306,798 | 859,427 | 482,816 | 75,957 | 66,735 | 10,467 | 42,445 | 32,125 | 65,966 | 32,988 | 62,083 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 590,861 | 610,979 | 437,025 | 545,960 | 373,508 | 312,625 | 181,878 | 118,703 | 165,468 | 161,483 | 92,916 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,913,759 | 1,481,058 | 922,980 | 626,266 | 442,410 | 349,117 | 226,370 | 152,343 | 235,348 | 194,471 | 154,999 |
total assets | 2,213,769 | 1,824,351 | 1,308,059 | 1,070,449 | 868,176 | 758,239 | 647,151 | 562,887 | 673,663 | 674,256 | 655,877 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 417,196 | 494,155 | 446,260 | 348,923 | 358,347 | 346,436 | 346,325 | 272,149 | 285,676 | 245,087 | 393,498 |
Group/Directors Accounts | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 417,196 | 494,155 | 446,260 | 348,923 | 358,347 | 346,436 | 346,325 | 272,149 | 285,676 | 245,087 | 393,498 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 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 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 12,759 | 17,775 | 21,440 | 28,395 | 20,621 | 10,672 | 11,221 | 4,611 | 5,451 | 8,984 | 8,623 |
total long term liabilities | 12,759 | 17,775 | 21,440 | 28,395 | 20,621 | 10,672 | 11,221 | 4,611 | 5,451 | 8,984 | 8,623 |
total liabilities | 429,955 | 511,930 | 467,700 | 377,318 | 378,968 | 357,108 | 357,546 | 276,760 | 291,127 | 254,071 | 402,121 |
net assets | 1,783,814 | 1,312,421 | 840,359 | 693,131 | 489,208 | 401,131 | 289,605 | 286,127 | 382,536 | 420,185 | 253,756 |
total shareholders funds | 1,783,814 | 1,312,421 | 840,359 | 693,131 | 489,208 | 401,131 | 289,605 | 286,127 | 382,536 | 420,185 | 253,756 |
Jan 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 48,485 | 56,046 | 53,105 | 53,720 | 35,996 | 26,872 | 21,102 | 22,331 | 23,788 | 22,890 | |
Amortisation | 16,875 | 22,500 | 22,500 | 22,500 | 22,500 | 22,500 | 22,500 | 22,500 | 22,500 | 0 | |
Tax | |||||||||||
Stock | 5,448 | 7,513 | -1,210 | 2,182 | -23,858 | 23,978 | 532 | -2,399 | 3,914 | 0 | 0 |
Debtors | 447,371 | 376,611 | 406,859 | 9,222 | 38,552 | -14,262 | 10,320 | -33,841 | 32,978 | -29,095 | 62,083 |
Creditors | -76,959 | 47,895 | 97,337 | -9,424 | 11,911 | 111 | 74,176 | -13,527 | 40,589 | -148,411 | 393,498 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -5,016 | -3,665 | -6,955 | 7,774 | 9,949 | -549 | 6,610 | -840 | -3,533 | 361 | 8,623 |
Cash flow from operations | |||||||||||
Investing Activities | |||||||||||
capital expenditure | |||||||||||
Change in Investments | 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 |
Group/Directors Accounts | 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 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 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 |
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | -20,118 | 173,954 | -108,935 | 172,452 | 60,883 | 130,747 | 63,175 | -46,765 | 3,985 | 68,567 | 92,916 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -20,118 | 173,954 | -108,935 | 172,452 | 60,883 | 130,747 | 63,175 | -46,765 | 3,985 | 68,567 | 92,916 |
lars christensen orthodontics limited Credit Report and Business Information
Lars Christensen Orthodontics Limited Competitor Analysis
Perform a competitor analysis for lars christensen orthodontics limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in GL52 area or any other competitors across 12 key performance metrics.
lars christensen orthodontics limited Ownership
LARS CHRISTENSEN ORTHODONTICS LIMITED group structure
Lars Christensen Orthodontics Limited has no subsidiary companies.
Ultimate parent company
CORE EQUITY HOLDINGS LP
#0113761
2 parents
LARS CHRISTENSEN ORTHODONTICS LIMITED
07979403
lars christensen orthodontics limited directors
Lars Christensen Orthodontics Limited currently has 2 directors. The longest serving directors include Mr Barry Lanesman (Jan 2023) and Mr Paul Davis (Oct 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Barry Lanesman | England | 65 years | Jan 2023 | - | Director |
Mr Paul Davis | England | 50 years | Oct 2023 | - | Director |
P&L
January 2023turnover
5.9m
+59%
operating profit
560.9k
0%
gross margin
42%
-2.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
1.8m
+0.36%
total assets
2.2m
+0.21%
cash
590.9k
-0.03%
net assets
Total assets minus all liabilities
lars christensen orthodontics limited company details
company number
07979403
Type
Private limited with Share Capital
industry
86230 - Dental practice activities
incorporation date
March 2012
age
12
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
January 2023
previous names
N/A
accountant
HIVE ACCOUNTANCY LTD
auditor
-
address
rosehill new barn lane, cheltenham, GL52 3LZ
Bank
-
Legal Advisor
-
lars christensen orthodontics 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 lars christensen orthodontics limited. Currently there are 0 open charges and 1 have been satisfied in the past.
lars christensen orthodontics 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 LARS CHRISTENSEN ORTHODONTICS LIMITED. This can take several minutes, an email will notify you when this has completed.
lars christensen orthodontics limited Companies House Filings - See Documents
date | description | view/download |
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