carestream dental technology topco limited
carestream dental technology topco limited Company Information
Company Number
10734197
Next Accounts
126 days late
Shareholders
carestream dental technology parent limited
Group Structure
View All
Industry
Manufacture of medical and dental instruments and supplies
Registered Address
c/o corporation service company, 5 churchill place, 10th floor, london, E14 5HU
Website
-carestream dental technology topco limited Estimated Valuation
Pomanda estimates the enterprise value of CARESTREAM DENTAL TECHNOLOGY TOPCO LIMITED at £282.2m based on a Turnover of £136.8m and 2.06x industry multiple (adjusted for size and gross margin).
carestream dental technology topco limited Estimated Valuation
Pomanda estimates the enterprise value of CARESTREAM DENTAL TECHNOLOGY TOPCO LIMITED at £270.9m based on an EBITDA of £22.2m and a 12.22x industry multiple (adjusted for size and gross margin).
carestream dental technology topco limited Estimated Valuation
Pomanda estimates the enterprise value of CARESTREAM DENTAL TECHNOLOGY TOPCO LIMITED at £77.2m based on Net Assets of £33.3m and 2.32x industry multiple (adjusted for liquidity).
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Carestream Dental Technology Topco Limited Overview
Carestream Dental Technology Topco Limited is a live company located in london, E14 5HU with a Companies House number of 10734197. It operates in the manufacture of medical and dental instruments and supplies sector, SIC Code 32500. Founded in April 2017, it's largest shareholder is carestream dental technology parent limited with a 100% stake. Carestream Dental Technology Topco Limited is a young, mega sized company, Pomanda has estimated its turnover at £136.8m with low growth in recent years.
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Carestream Dental Technology Topco Limited Health Check
Pomanda's financial health check has awarded Carestream Dental Technology Topco Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £136.8m, make it larger than the average company (£16.6m)
£136.8m - Carestream Dental Technology Topco Limited
£16.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.5%)
2% - Carestream Dental Technology Topco Limited
5.5% - Industry AVG
Production
with a gross margin of 32%, this company has a comparable cost of product (38.3%)
32% - Carestream Dental Technology Topco Limited
38.3% - Industry AVG
Profitability
an operating margin of 8.4% make it more profitable than the average company (5.9%)
8.4% - Carestream Dental Technology Topco Limited
5.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (78)
3 - Carestream Dental Technology Topco Limited
78 - Industry AVG
Pay Structure
on an average salary of £264.8k, the company has a higher pay structure (£48.9k)
£264.8k - Carestream Dental Technology Topco Limited
£48.9k - Industry AVG
Efficiency
resulting in sales per employee of £45.6m, this is more efficient (£185.2k)
£45.6m - Carestream Dental Technology Topco Limited
£185.2k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is earlier than average (49 days)
35 days - Carestream Dental Technology Topco Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is close to average (36 days)
33 days - Carestream Dental Technology Topco Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 69 days, this is less than average (94 days)
69 days - Carestream Dental Technology Topco Limited
94 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (13 weeks)
9 weeks - Carestream Dental Technology Topco Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.4%, this is a higher level of debt than the average (43.6%)
70.4% - Carestream Dental Technology Topco Limited
43.6% - Industry AVG
CARESTREAM DENTAL TECHNOLOGY TOPCO LIMITED financials
Carestream Dental Technology Topco Limited's latest turnover from December 2022 is £136.8 million and the company has net assets of £33.3 million. According to their latest financial statements, Carestream Dental Technology Topco Limited has 3 employees and maintains cash reserves of £11.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 136,775,794 | 157,553,283 | 91,219,154 | 127,024,708 | 125,795,890 | 43,473,785 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 93,036,887 | 99,746,037 | 68,143,758 | 91,288,015 | 92,204,945 | 40,664,601 |
| Gross Profit | 43,738,907 | 57,807,245 | 23,075,396 | 35,736,694 | 33,590,945 | 2,809,184 |
| Admin Expenses | 32,225,393 | 34,084,163 | 39,853,068 | 37,139,003 | 45,849,575 | 19,127,236 |
| Operating Profit | 11,513,514 | 23,723,082 | -16,777,672 | -1,402,309 | -12,258,630 | -16,318,052 |
| Interest Payable | 1,204,999 | 212,557 | 70,008 | 272,318 | 33,863 | 26,015 |
| Interest Receivable | 282,197 | 239,401 | 315,293 | 429,942 | 279,791 | 71,119 |
| Pre-Tax Profit | 361,321,322 | 26,869,647 | -12,755,520 | -1,244,684 | -12,011,447 | -16,272,947 |
| Tax | -4,624,765 | -2,924,770 | 177,427 | -173,259 | 0 | 0 |
| Profit After Tax | 356,696,556 | 23,944,877 | -12,578,093 | -1,417,942 | -12,011,447 | -16,272,947 |
| Dividends Paid | 356,542,638 | 129,718,170 | 0 | 0 | 0 | 0 |
| Retained Profit | 153,919 | -105,773,294 | -12,578,093 | -1,417,942 | -12,011,447 | -16,272,947 |
| Employee Costs | 794,441 | 819,887 | 312,905 | 441,295 | 519,052 | 264,182 |
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 4 |
| EBITDA* | 22,163,791 | 42,089,732 | 1,697,403 | 16,605,094 | 8,447,818 | -9,603,243 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 258,155 | 505,405 | 662,761 | 464,241 | 609,975 | 598,275 |
| Intangible Assets | 8,367,657 | 20,930,419 | 39,358,293 | 56,278,790 | 92,596,773 | 124,590,594 |
| Investments & Other | 24,061,335 | 33,506,043 | 34,363,882 | 33,556,490 | 32,028,162 | 20,718,892 |
| Debtors (Due After 1 year) | 6,647,973 | 6,647,973 | 7,383,065 | 6,539,314 | 7,190,629 | 4,626,570 |
| Total Fixed Assets | 39,335,121 | 61,589,841 | 81,768,002 | 96,838,836 | 132,428,273 | 150,534,332 |
| Stock & work in progress | 17,602,069 | 11,580,235 | 13,576,448 | 11,389,235 | 10,808,731 | 13,328,890 |
| Trade Debtors | 13,336,753 | 10,527,304 | 10,831,417 | 16,159,217 | 14,028,578 | 9,522,957 |
| Group Debtors | 27,681,157 | 25,956,368 | 88,991,134 | 79,682,556 | 56,879,362 | 29,475,775 |
| Misc Debtors | 3,396,102 | 5,758,634 | 2,349,066 | 3,523,500 | 8,622,331 | 4,370,624 |
| Cash | 11,064,994 | 5,499,235 | 7,170,794 | 3,820,633 | 6,224,653 | 1,545,551 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 73,081,075 | 59,321,777 | 122,918,860 | 114,575,141 | 96,857,224 | 58,243,798 |
| total assets | 112,416,196 | 120,911,617 | 204,686,862 | 211,413,977 | 229,285,497 | 208,778,130 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,575,434 | 11,149,511 | 10,631,621 | 9,184,316 | 8,942,170 | 10,895,579 |
| Group/Directors Accounts | 44,777,836 | 42,110,544 | 47,319,536 | 45,431,690 | 50,580,078 | 26,525,331 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,075,581 | 4,655,688 | 3,648,851 | 4,417,330 | 4,513,102 | 6,386,482 |
| total current liabilities | 58,428,852 | 57,915,744 | 61,600,008 | 59,033,336 | 64,055,578 | 43,807,392 |
| loans | 18,351,579 | 26,706,681 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,063,331 | 2,809,607 | 2,801,541 | 2,921,023 | 2,702,993 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 311,906 | 372,976 | 388,418 | 567,086 | 1,084,257 | 1,372,647 |
| total long term liabilities | 20,726,817 | 29,889,265 | 3,189,960 | 3,488,109 | 3,804,226 | 1,372,647 |
| total liabilities | 79,155,669 | 87,805,009 | 64,789,968 | 62,521,445 | 67,859,803 | 45,180,040 |
| net assets | 33,260,527 | 33,106,608 | 139,896,894 | 148,892,532 | 161,425,694 | 163,598,090 |
| total shareholders funds | 33,260,527 | 33,106,608 | 139,896,894 | 148,892,532 | 161,425,694 | 163,598,090 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 11,513,514 | 23,723,082 | -16,777,672 | -1,402,309 | -12,258,630 | -16,318,052 |
| Depreciation | 193,949 | 224,896 | 200,472 | 162,167 | 185,055 | 39,207 |
| Amortisation | 10,456,328 | 18,141,755 | 18,274,602 | 17,845,236 | 20,521,392 | 6,675,602 |
| Tax | -4,624,765 | -2,924,770 | 177,427 | -173,259 | 0 | 0 |
| Stock | 6,021,835 | -1,996,213 | 2,187,213 | 580,503 | -2,520,159 | 13,328,890 |
| Debtors | 2,171,705 | -60,664,402 | 3,650,095 | 19,246,280 | 38,662,380 | 47,995,927 |
| Creditors | -2,574,077 | 517,890 | 1,447,305 | 242,146 | -1,953,409 | 10,895,579 |
| Accruals and Deferred Income | -326,383 | 1,014,903 | -887,961 | 122,258 | 829,613 | 6,386,482 |
| Deferred Taxes & Provisions | -61,070 | -15,442 | -178,668 | -517,171 | -288,390 | 1,372,647 |
| Cash flow from operations | 6,383,956 | 103,342,929 | -3,581,803 | -3,547,715 | -29,106,590 | -52,273,352 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -9,444,709 | -857,839 | 807,392 | 1,528,328 | 11,309,270 | 20,718,892 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,667,292 | -5,208,992 | 1,887,846 | -5,148,388 | 24,054,747 | 26,525,331 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -8,355,102 | 26,706,681 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -922,802 | 26,844 | 245,285 | 157,624 | 245,928 | 45,104 |
| cash flow from financing | -6,610,612 | 20,507,541 | 5,715,586 | -16,105,984 | 34,139,725 | 206,441,472 |
| cash and cash equivalents | ||||||
| cash | 5,565,759 | -1,671,559 | 3,350,162 | -2,404,020 | 4,679,102 | 1,545,551 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 5,565,759 | -1,671,559 | 3,350,162 | -2,404,020 | 4,679,102 | 1,545,551 |
carestream dental technology topco limited Credit Report and Business Information
Carestream Dental Technology Topco Limited Competitor Analysis
Perform a competitor analysis for carestream dental technology topco limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in E14 area or any other competitors across 12 key performance metrics.
carestream dental technology topco limited Ownership
CARESTREAM DENTAL TECHNOLOGY TOPCO LIMITED group structure
Carestream Dental Technology Topco Limited has 1 subsidiary company.
Ultimate parent company
CARESTREAM DENTAL ALPHA LTD
#0118722
2 parents
CARESTREAM DENTAL TECHNOLOGY TOPCO LIMITED
10734197
1 subsidiary
carestream dental technology topco limited directors
Carestream Dental Technology Topco Limited currently has 3 directors. The longest serving directors include Mr Nicola Gizzi (Sep 2017) and Mr Philippe Maillet (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicola Gizzi | United Kingdom | 58 years | Sep 2017 | - | Director |
| Mr Philippe Maillet | United Kingdom | 64 years | Sep 2017 | - | Director |
| Mr Roland Schmidt | United Kingdom | 63 years | Dec 2022 | - | Director |
P&L
December 2022turnover
136.8m
-13%
operating profit
11.5m
-51%
gross margin
32%
-12.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
33.3m
0%
total assets
112.4m
-0.07%
cash
11.1m
+1.01%
net assets
Total assets minus all liabilities
carestream dental technology topco limited company details
company number
10734197
Type
Private limited with Share Capital
industry
32500 - Manufacture of medical and dental instruments and supplies
incorporation date
April 2017
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
elapid topco limited (August 2017)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
c/o corporation service company, 5 churchill place, 10th floor, london, E14 5HU
Bank
CITIBANK
Legal Advisor
-
carestream dental technology topco 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 6 charges/mortgages relating to carestream dental technology topco limited. Currently there are 2 open charges and 4 have been satisfied in the past.
carestream dental technology topco 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 CARESTREAM DENTAL TECHNOLOGY TOPCO LIMITED. This can take several minutes, an email will notify you when this has completed.
carestream dental technology topco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
