optimum orthodontics ltd
optimum orthodontics ltd Company Information
Company Number
10683303
Next Accounts
Jun 2025
Industry
Dental practice activities
Shareholders
portman healthcare limited
Group Structure
View All
Contact
Registered Address
rosehill new barn lane, cheltenham, GL52 3LZ
optimum orthodontics ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIMUM ORTHODONTICS LTD at £2.2m based on a Turnover of £2.8m and 0.78x industry multiple (adjusted for size and gross margin).
optimum orthodontics ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIMUM ORTHODONTICS LTD at £4.6m based on an EBITDA of £1m and a 4.61x industry multiple (adjusted for size and gross margin).
optimum orthodontics ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIMUM ORTHODONTICS LTD at £11.1m based on Net Assets of £3.7m and 3.03x industry multiple (adjusted for liquidity).
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Optimum Orthodontics Ltd Overview
Optimum Orthodontics Ltd is a live company located in cheltenham, GL52 3LZ with a Companies House number of 10683303. It operates in the dental practice activities sector, SIC Code 86230. Founded in March 2017, it's largest shareholder is portman healthcare limited with a 100% stake. Optimum Orthodontics Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.8m with rapid growth in recent years.
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Optimum Orthodontics Ltd Health Check
Pomanda's financial health check has awarded Optimum Orthodontics Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £2.8m, make it larger than the average company (£945.2k)
£2.8m - Optimum Orthodontics Ltd
£945.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (3.3%)
46% - Optimum Orthodontics Ltd
3.3% - Industry AVG
Production
with a gross margin of 56.5%, this company has a comparable cost of product (48.5%)
56.5% - Optimum Orthodontics Ltd
48.5% - Industry AVG
Profitability
an operating margin of 33.7% make it more profitable than the average company (7.5%)
33.7% - Optimum Orthodontics Ltd
7.5% - Industry AVG
Employees
with 24 employees, this is above the industry average (11)
- Optimum Orthodontics Ltd
11 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Optimum Orthodontics Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £117.6k, this is more efficient (£88.3k)
- Optimum Orthodontics Ltd
£88.3k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is later than average (8 days)
41 days - Optimum Orthodontics Ltd
8 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Optimum Orthodontics Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is in line with average (12 days)
10 days - Optimum Orthodontics Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (2 weeks)
1 weeks - Optimum Orthodontics Ltd
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.5%, this is a lower level of debt than the average (54.6%)
12.5% - Optimum Orthodontics Ltd
54.6% - Industry AVG
OPTIMUM ORTHODONTICS LTD financials
Optimum Orthodontics Ltd's latest turnover from September 2023 is £2.8 million and the company has net assets of £3.7 million. According to their latest financial statements, we estimate that Optimum Orthodontics Ltd has 24 employees and maintains cash reserves of £3.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | 2,822,331 | 3,059,878 | 1,903,406 | 906,860 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 1,228,704 | 1,398,624 | 888,222 | 97,679 | |||
| Gross Profit | 1,593,627 | 1,661,254 | 1,015,184 | 809,181 | |||
| Admin Expenses | 641,601 | 567,494 | 2,404,308 | 562,917 | |||
| Operating Profit | 952,026 | 1,093,760 | -1,389,124 | 246,264 | |||
| Interest Payable | 20,487 | 21,590 | 23,149 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 2,603 | |||
| Pre-Tax Profit | 931,539 | 1,072,170 | -1,412,273 | 248,867 | |||
| Tax | -312,761 | -4,160 | -9,930 | -72,219 | |||
| Profit After Tax | 618,778 | 1,068,010 | -1,422,203 | 176,648 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | |||
| Retained Profit | 618,778 | 1,068,010 | -1,422,203 | 176,648 | |||
| Employee Costs | 0 | 0 | 0 | 0 | |||
| Number Of Employees | 30 | 25 | |||||
| EBITDA* | 1,002,292 | 1,112,554 | -1,383,658 | 246,264 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 134,684 | 111,632 | 509,891 | 69,353 | 56,869 | 75,458 | 0 |
| Intangible Assets | 327,487 | 354,828 | 0 | 1,859,167 | 1,980,417 | 2,222,917 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 462,171 | 466,460 | 509,891 | 1,928,520 | 2,037,286 | 2,298,375 | 0 |
| Stock & work in progress | 34,713 | 40,235 | 13,746 | 63,703 | 46,000 | 46,000 | 0 |
| Trade Debtors | 322,586 | 113,658 | 134,793 | 103,933 | 133,469 | 111,366 | 0 |
| Group Debtors | 3,299,345 | 2,839,636 | 1,726,258 | 0 | 0 | 0 | 0 |
| Misc Debtors | 72,625 | 112,153 | 262,118 | 118,422 | 0 | 0 | 0 |
| Cash | 3,774 | 53,421 | 418,083 | 1,692,554 | 1,397,824 | 587,739 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,733,043 | 3,159,103 | 2,554,998 | 1,978,612 | 1,577,293 | 745,105 | 0 |
| total assets | 4,195,214 | 3,625,563 | 3,064,889 | 3,907,132 | 3,614,579 | 3,043,480 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 109,567 | 0 | 84,326 | 52,708 | 73,429 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 21,180 | 20,012 | 18,910 | 0 | 0 | 0 | 0 |
| other current liabilities | 147,557 | 64,062 | 666,215 | 403,726 | 322,948 | 203,429 | 0 |
| total current liabilities | 168,737 | 193,641 | 685,125 | 488,052 | 375,656 | 276,858 | 0 |
| loans | 0 | 0 | 745,914 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 331,765 | 352,945 | 372,957 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 24,224 | 27,267 | 46,214 | 26,354 | 9,668 | 12,285 | 0 |
| total long term liabilities | 355,989 | 380,212 | 396,064 | 13,177 | 9,668 | 12,285 | 0 |
| total liabilities | 524,726 | 573,853 | 1,081,189 | 501,229 | 385,324 | 289,143 | 0 |
| net assets | 3,670,488 | 3,051,710 | 1,983,700 | 3,405,903 | 3,229,255 | 2,754,337 | 0 |
| total shareholders funds | 3,670,488 | 3,051,710 | 1,983,700 | 3,405,903 | 3,229,255 | 2,754,337 | 0 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 952,026 | 1,093,760 | -1,389,124 | 246,264 | |||
| Depreciation | 22,925 | 18,794 | 5,466 | 18,589 | 19,542 | ||
| Amortisation | 27,341 | 0 | 0 | 242,500 | 202,083 | ||
| Tax | -312,761 | -4,160 | -9,930 | -72,219 | |||
| Stock | -5,522 | 26,489 | -49,957 | 17,703 | 0 | 46,000 | 0 |
| Debtors | 629,109 | 942,278 | 1,900,814 | 110,989 | 22,103 | 111,366 | 0 |
| Creditors | -109,567 | 109,567 | -84,326 | 10,897 | -20,721 | 73,429 | 0 |
| Accruals and Deferred Income | 83,495 | -602,153 | 262,489 | 200,297 | 119,519 | 203,429 | 0 |
| Deferred Taxes & Provisions | -3,043 | -18,947 | 19,860 | 14,069 | -2,617 | 12,285 | 0 |
| Cash flow from operations | 36,829 | -371,906 | -3,046,422 | ||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -745,914 | 745,914 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -20,012 | -18,910 | 391,867 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -20,487 | -21,590 | -23,149 | 2,603 | |||
| cash flow from financing | -40,499 | -786,414 | 1,114,632 | 477,521 | |||
| cash and cash equivalents | |||||||
| cash | -49,647 | -364,662 | -1,274,471 | 1,104,815 | 810,085 | 587,739 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -49,647 | -364,662 | -1,274,471 | 1,104,815 | 810,085 | 587,739 | 0 |
optimum orthodontics ltd Credit Report and Business Information
Optimum Orthodontics Ltd Competitor Analysis
Perform a competitor analysis for optimum orthodontics ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in GL52 area or any other competitors across 12 key performance metrics.
optimum orthodontics ltd Ownership
OPTIMUM ORTHODONTICS LTD group structure
Optimum Orthodontics Ltd has no subsidiary companies.
Ultimate parent company
CORE EQUITY HOLDINGS LP
#0113761
2 parents
OPTIMUM ORTHODONTICS LTD
10683303
optimum orthodontics ltd directors
Optimum Orthodontics Ltd currently has 4 directors. The longest serving directors include Dr Rebecca Sadler (Sep 2020) and Mrs Catherine Tannahill (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Rebecca Sadler | Scotland | 51 years | Sep 2020 | - | Director |
| Mrs Catherine Tannahill | England | 54 years | Dec 2022 | - | Director |
| Mr Paul Davis | England | 50 years | May 2023 | - | Director |
| Mr Heath Batwell | England | 41 years | Nov 2023 | - | Director |
P&L
September 2023turnover
2.8m
-8%
operating profit
952k
-13%
gross margin
56.5%
+4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
3.7m
+0.2%
total assets
4.2m
+0.16%
cash
3.8k
-0.93%
net assets
Total assets minus all liabilities
optimum orthodontics ltd company details
company number
10683303
Type
Private limited with Share Capital
industry
86230 - Dental practice activities
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
rosehill new barn lane, cheltenham, GL52 3LZ
Bank
-
Legal Advisor
-
optimum 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 did not find charges/mortgages relating to optimum orthodontics ltd.
optimum orthodontics ltd 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.
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optimum orthodontics ltd Companies House Filings - See Documents
| date | description | view/download |
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