simply smile wellington house limited

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simply smile wellington house limited Company Information

Share SIMPLY SMILE WELLINGTON HOUSE LIMITED

Company Number

10924019

Directors

Parul Malde

Andrew Fenn

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Shareholders

simply smile (uk) limited

Group Structure

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Industry

Dental practice activities

 

Registered Address

unit 18, the metro centre, britannia way, london, NW10 7PA

simply smile wellington house limited Estimated Valuation

£490.7k

Pomanda estimates the enterprise value of SIMPLY SMILE WELLINGTON HOUSE LIMITED at £490.7k based on a Turnover of £836k and 0.59x industry multiple (adjusted for size and gross margin).

simply smile wellington house limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SIMPLY SMILE WELLINGTON HOUSE LIMITED at £0 based on an EBITDA of £-24.2k and a 3.71x industry multiple (adjusted for size and gross margin).

simply smile wellington house limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SIMPLY SMILE WELLINGTON HOUSE LIMITED at £0 based on Net Assets of £-338.8k and 3.11x industry multiple (adjusted for liquidity).

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Simply Smile Wellington House Limited Overview

Simply Smile Wellington House Limited is a live company located in london, NW10 7PA with a Companies House number of 10924019. It operates in the dental practice activities sector, SIC Code 86230. Founded in August 2017, it's largest shareholder is simply smile (uk) limited with a 100% stake. Simply Smile Wellington House Limited is a young, small sized company, Pomanda has estimated its turnover at £836k with declining growth in recent years.

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Simply Smile Wellington House Limited Health Check

Pomanda's financial health check has awarded Simply Smile Wellington House Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

5 Regular

positive_score

5 Weak

size

Size

annual sales of £836k, make it in line with the average company (£972.4k)

£836k - Simply Smile Wellington House Limited

£972.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (6.4%)

-5% - Simply Smile Wellington House Limited

6.4% - Industry AVG

production

Production

with a gross margin of 44.6%, this company has a comparable cost of product (49.8%)

44.6% - Simply Smile Wellington House Limited

49.8% - Industry AVG

profitability

Profitability

an operating margin of -11.1% make it less profitable than the average company (8.9%)

-11.1% - Simply Smile Wellington House Limited

8.9% - Industry AVG

employees

Employees

with 10 employees, this is similar to the industry average (11)

10 - Simply Smile Wellington House Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £22.2k, the company has an equivalent pay structure (£22.2k)

£22.2k - Simply Smile Wellington House Limited

£22.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £83.6k, this is equally as efficient (£92.7k)

£83.6k - Simply Smile Wellington House Limited

£92.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 14 days, this is later than average (7 days)

14 days - Simply Smile Wellington House Limited

7 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 497 days, this is slower than average (25 days)

497 days - Simply Smile Wellington House Limited

25 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (11 days)

2 days - Simply Smile Wellington House Limited

11 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (1 weeks)

0 weeks - Simply Smile Wellington House Limited

1 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 216.3%, this is a higher level of debt than the average (49.3%)

216.3% - Simply Smile Wellington House Limited

49.3% - Industry AVG

SIMPLY SMILE WELLINGTON HOUSE LIMITED financials

EXPORTms excel logo

Simply Smile Wellington House Limited's latest turnover from March 2024 is estimated at £836 thousand and the company has net assets of -£338.8 thousand. According to their latest financial statements, Simply Smile Wellington House Limited has 10 employees and maintains cash reserves of £5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Aug 2018
Turnover835,996846,464904,762978,734870,610810,085722,304
Other Income Or Grants0000000
Cost Of Sales462,852481,764515,745557,236488,393452,197403,593
Gross Profit373,145364,700389,017421,498382,217357,888318,711
Admin Expenses466,217446,423424,749422,488433,493405,058351,062
Operating Profit-93,072-81,723-35,732-990-51,276-47,170-32,351
Interest Payable0000000
Interest Receivable9161,83740526813576
Pre-Tax Profit-92,156-79,886-35,327-964-51,268-47,035-32,275
Tax0000000
Profit After Tax-92,156-79,886-35,327-964-51,268-47,035-32,275
Dividends Paid0000000
Retained Profit-92,156-79,886-35,327-964-51,268-47,035-32,275
Employee Costs221,757219,429222,119250,000207,960219,341199,646
Number Of Employees10111214121313
EBITDA*-24,183-18,67525,26480,54827,165-2,400-951

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Aug 2018
Tangible Assets35,84535,4549,65211,39933,76047,38058,365
Intangible Assets214,782268,478322,173375,869429,565483,260514,583
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets250,627303,932331,825387,268463,325530,640572,948
Stock & work in progress3,4433,4436,4577,4166,6418,7214,500
Trade Debtors32,40934,57341,51846,14730,45015,6028,230
Group Debtors0000000
Misc Debtors0000000
Cash4,97429,94056,52951,36733815,75820,231
misc current assets0000000
total current assets40,82667,956104,504104,93037,42940,08132,961
total assets291,453371,888436,329492,198500,754570,721605,909
Bank overdraft0000000
Bank loan0000000
Trade Creditors 630,264611,807601,264621,474631,232649,931638,084
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities630,264611,807601,264621,474631,232649,931638,084
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions06,7361,8342,166000
total long term liabilities06,7361,8342,166000
total liabilities630,264618,543603,098623,640631,232649,931638,084
net assets-338,811-246,655-166,769-131,442-130,478-79,210-32,175
total shareholders funds-338,811-246,655-166,769-131,442-130,478-79,210-32,175
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Aug 2018
Operating Activities
Operating Profit-93,072-81,723-35,732-990-51,276-47,170-32,351
Depreciation15,1939,3537,30027,84224,74613,4479,027
Amortisation53,69653,69553,69653,69653,69531,32322,373
Tax0000000
Stock0-3,014-959775-2,0804,2214,500
Debtors-2,164-6,945-4,62915,69714,8487,3728,230
Creditors18,45710,543-20,210-9,758-18,69911,847638,084
Accruals and Deferred Income0000000
Deferred Taxes & Provisions-6,7364,902-3322,166000
Cash flow from operations-10,2986,72910,31056,484-4,302-2,146624,403
Investing Activities
capital expenditure-15,584-35,155-5,553-5,481-11,126-2,462-604,348
Change in Investments0000000
cash flow from investments-15,584-35,155-5,553-5,481-11,126-2,462-604,348
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue000000100
interest9161,83740526813576
cash flow from financing9161,837405268135176
cash and cash equivalents
cash-24,966-26,5895,16251,029-15,420-4,47320,231
overdraft0000000
change in cash-24,966-26,5895,16251,029-15,420-4,47320,231

simply smile wellington house limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Simply Smile Wellington House Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for simply smile wellington house limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in NW10 area or any other competitors across 12 key performance metrics.

simply smile wellington house limited Ownership

SIMPLY SMILE WELLINGTON HOUSE LIMITED group structure

Simply Smile Wellington House Limited has no subsidiary companies.

Ultimate parent company

1 parent

SIMPLY SMILE WELLINGTON HOUSE LIMITED

10924019

SIMPLY SMILE WELLINGTON HOUSE LIMITED Shareholders

simply smile (uk) limited 100%

simply smile wellington house limited directors

Simply Smile Wellington House Limited currently has 3 directors. The longest serving directors include Mr Parul Malde (Aug 2017) and Mr Andrew Fenn (Jun 2019).

officercountryagestartendrole
Mr Parul MaldeUnited Kingdom53 years Aug 2017- Director
Mr Andrew FennEngland66 years Jun 2019- Director
Dr Andrew Fenn66 years Jun 2019- Director

P&L

March 2024

turnover

836k

-1%

operating profit

-93.1k

0%

gross margin

44.7%

+3.6%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-338.8k

+0.37%

total assets

291.5k

-0.22%

cash

5k

-0.83%

net assets

Total assets minus all liabilities

simply smile wellington house limited company details

company number

10924019

Type

Private limited with Share Capital

industry

86230 - Dental practice activities

incorporation date

August 2017

age

8

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

N/A

accountant

PHILIP T CHAVE & CO

auditor

-

address

unit 18, the metro centre, britannia way, london, NW10 7PA

Bank

-

Legal Advisor

-

simply smile wellington house 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 simply smile wellington house limited. Currently there are 0 open charges and 1 have been satisfied in the past.

simply smile wellington house 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.

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simply smile wellington house limited Companies House Filings - See Documents

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