letchworth dental surgery limited
letchworth dental surgery limited Company Information
Company Number
10404791
Registered Address
44 high street ashwell, hertfordshire, SG7 5NR
Industry
Dental practice activities
Telephone
01462679888
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
dental surgery group limited 100%
letchworth dental surgery limited Estimated Valuation
Pomanda estimates the enterprise value of LETCHWORTH DENTAL SURGERY LIMITED at £991.2k based on a Turnover of £2.8m and 0.35x industry multiple (adjusted for size and gross margin).
letchworth dental surgery limited Estimated Valuation
Pomanda estimates the enterprise value of LETCHWORTH DENTAL SURGERY LIMITED at £560k based on an EBITDA of £172.3k and a 3.25x industry multiple (adjusted for size and gross margin).
letchworth dental surgery limited Estimated Valuation
Pomanda estimates the enterprise value of LETCHWORTH DENTAL SURGERY LIMITED at £236.9k based on Net Assets of £83.8k and 2.83x industry multiple (adjusted for liquidity).
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Letchworth Dental Surgery Limited Overview
Letchworth Dental Surgery Limited is a live company located in hertfordshire, SG7 5NR with a Companies House number of 10404791. It operates in the dental practice activities sector, SIC Code 86230. Founded in September 2016, it's largest shareholder is dental surgery group limited with a 100% stake. Letchworth Dental Surgery Limited is a young, small sized company, Pomanda has estimated its turnover at £2.8m with rapid growth in recent years.
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Letchworth Dental Surgery Limited Health Check
Pomanda's financial health check has awarded Letchworth Dental Surgery Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £2.8m, make it larger than the average company (£922.2k)
- Letchworth Dental Surgery Limited
£922.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 109%, show it is growing at a faster rate (2.5%)
- Letchworth Dental Surgery Limited
2.5% - Industry AVG
Production
with a gross margin of 43.1%, this company has a comparable cost of product (49%)
- Letchworth Dental Surgery Limited
49% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (7.6%)
- Letchworth Dental Surgery Limited
7.6% - Industry AVG
Employees
with 5 employees, this is below the industry average (11)
5 - Letchworth Dental Surgery Limited
11 - Industry AVG
Pay Structure
on an average salary of £19.8k, the company has an equivalent pay structure (£19.8k)
- Letchworth Dental Surgery Limited
£19.8k - Industry AVG
Efficiency
resulting in sales per employee of £561.9k, this is more efficient (£83.6k)
- Letchworth Dental Surgery Limited
£83.6k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (7 days)
- Letchworth Dental Surgery Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (25 days)
- Letchworth Dental Surgery Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Letchworth Dental Surgery Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is more cash available to meet short term requirements (2 weeks)
7 weeks - Letchworth Dental Surgery Limited
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.8%, this is a higher level of debt than the average (53.1%)
90.8% - Letchworth Dental Surgery Limited
53.1% - Industry AVG
letchworth dental surgery limited Credit Report and Business Information
Letchworth Dental Surgery Limited Competitor Analysis
Perform a competitor analysis for letchworth dental surgery limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
letchworth dental surgery limited Ownership
LETCHWORTH DENTAL SURGERY LIMITED group structure
Letchworth Dental Surgery Limited has no subsidiary companies.
Ultimate parent company
1 parent
LETCHWORTH DENTAL SURGERY LIMITED
10404791
letchworth dental surgery limited directors
Letchworth Dental Surgery Limited currently has 2 directors. The longest serving directors include Dr Bindi Shah (Sep 2016) and Mr Dipen Shah (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Bindi Shah | United Kingdom | 45 years | Sep 2016 | - | Director |
| Mr Dipen Shah | 48 years | Sep 2016 | - | Director |
LETCHWORTH DENTAL SURGERY LIMITED financials
Letchworth Dental Surgery Limited's latest turnover from March 2023 is estimated at £2.8 million and the company has net assets of £83.8 thousand. According to their latest financial statements, Letchworth Dental Surgery Limited has 5 employees and maintains cash reserves of £38.2 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 | |
|---|---|---|---|---|---|---|
| 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 | 5 | 5 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2 | 1 | 3,122 | 34,932 | 66,742 | 85,745 |
| Intangible Assets | 351,753 | 439,653 | 527,553 | 615,453 | 703,353 | 791,253 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 351,755 | 439,654 | 530,675 | 650,385 | 770,095 | 876,998 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 524,658 | 330,000 | 323,000 | 15,000 | 15,000 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 10,000 |
| Cash | 38,168 | 19,762 | 8,012 | 31,951 | 39,733 | 37,406 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 562,826 | 349,762 | 331,012 | 46,951 | 54,733 | 47,406 |
| total assets | 914,581 | 789,416 | 861,687 | 697,336 | 824,828 | 924,404 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 248,508 | 108,558 | 153,055 | 227,868 | 925,363 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 889,999 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 91,644 |
| total current liabilities | 248,508 | 108,558 | 153,055 | 227,868 | 925,363 | 981,643 |
| loans | 334,953 | 381,692 | 435,326 | 459,693 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 247,274 | 252,239 | 295,250 | 150,250 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 582,227 | 633,931 | 730,576 | 609,943 | 0 | 0 |
| total liabilities | 830,735 | 742,489 | 883,631 | 837,811 | 925,363 | 981,643 |
| net assets | 83,846 | 46,927 | -21,944 | -140,475 | -100,535 | -57,239 |
| total shareholders funds | 83,846 | 46,927 | -21,944 | -140,475 | -100,535 | -57,239 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 3,283 | 9,231 | 31,810 | 31,810 | 31,750 | 28,750 |
| Amortisation | 87,900 | 87,900 | 87,900 | 87,900 | 87,900 | 87,900 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 194,658 | 7,000 | 308,000 | 0 | 5,000 | 10,000 |
| Creditors | 139,950 | -44,497 | -74,813 | -697,495 | 925,363 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -91,644 | 91,644 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -889,999 | 889,999 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -46,739 | -53,634 | -24,367 | 459,693 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -4,965 | -43,011 | 145,000 | 150,250 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 18,406 | 11,750 | -23,939 | -7,782 | 2,327 | 37,406 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 18,406 | 11,750 | -23,939 | -7,782 | 2,327 | 37,406 |
P&L
March 2023turnover
2.8m
+78%
operating profit
81.1k
0%
gross margin
43.1%
+0.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
83.8k
+0.79%
total assets
914.6k
+0.16%
cash
38.2k
+0.93%
net assets
Total assets minus all liabilities
letchworth dental surgery limited company details
company number
10404791
Type
Private limited with Share Capital
industry
86230 - Dental practice activities
incorporation date
September 2016
age
8
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
44 high street ashwell, hertfordshire, SG7 5NR
last accounts submitted
March 2023
letchworth dental surgery 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 did not find charges/mortgages relating to letchworth dental surgery limited.
letchworth dental surgery limited Companies House Filings - See Documents
| date | description | view/download |
|---|
