bip dental limited
bip dental limited Company Information
Company Number
11358924
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
Website
-bip dental limited Estimated Valuation
Pomanda estimates the enterprise value of BIP DENTAL LIMITED at £3.7m based on a Turnover of £4.8m and 0.76x industry multiple (adjusted for size and gross margin).
bip dental limited Estimated Valuation
Pomanda estimates the enterprise value of BIP DENTAL LIMITED at £3.3m based on an EBITDA of £731.6k and a 4.45x industry multiple (adjusted for size and gross margin).
bip dental limited Estimated Valuation
Pomanda estimates the enterprise value of BIP DENTAL LIMITED at £2.9m based on Net Assets of £939.9k and 3.03x industry multiple (adjusted for liquidity).
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Bip Dental Limited Overview
Bip Dental Limited is a live company located in cheltenham, GL52 3LZ with a Companies House number of 11358924. It operates in the dental practice activities sector, SIC Code 86230. Founded in May 2018, it's largest shareholder is portman healthcare limited with a 100% stake. Bip Dental Limited is a young, small sized company, Pomanda has estimated its turnover at £4.8m with rapid growth in recent years.
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Bip Dental Limited Health Check
Pomanda's financial health check has awarded Bip Dental Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
2 Weak
Size
annual sales of £4.8m, make it larger than the average company (£945.2k)
£4.8m - Bip Dental Limited
£945.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (3.3%)
- Bip Dental Limited
3.3% - Industry AVG
Production
with a gross margin of 48.5%, this company has a comparable cost of product (48.5%)
48.5% - Bip Dental Limited
48.5% - Industry AVG
Profitability
an operating margin of 13% make it more profitable than the average company (7.5%)
13% - Bip Dental Limited
7.5% - Industry AVG
Employees
with 40 employees, this is above the industry average (11)
- Bip Dental Limited
11 - Industry AVG
Pay Structure
on an average salary of £20.8k, the company has an equivalent pay structure (£20.8k)
- Bip Dental Limited
£20.8k - Industry AVG
Efficiency
resulting in sales per employee of £121.2k, this is more efficient (£88.3k)
- Bip Dental Limited
£88.3k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is later than average (8 days)
13 days - Bip Dental Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (27 days)
15 days - Bip Dental Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (12 days)
9 days - Bip Dental Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (2 weeks)
24 weeks - Bip Dental Limited
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53%, this is a similar level of debt than the average (54.6%)
53% - Bip Dental Limited
54.6% - Industry AVG
BIP DENTAL LIMITED financials
Bip Dental Limited's latest turnover from September 2023 is £4.8 million and the company has net assets of £939.9 thousand. According to their latest financial statements, we estimate that Bip Dental Limited has 40 employees and maintains cash reserves of £115.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | May 2022 | Sep 2021 | Sep 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Turnover | 4,847,951 | ||||
| Other Income Or Grants | 0 | ||||
| Cost Of Sales | 2,496,138 | ||||
| Gross Profit | 2,351,813 | ||||
| Admin Expenses | 1,719,891 | ||||
| Operating Profit | 631,922 | ||||
| Interest Payable | 80,023 | ||||
| Interest Receivable | 114 | ||||
| Pre-Tax Profit | 552,013 | ||||
| Tax | -107,726 | ||||
| Profit After Tax | 444,287 | ||||
| Dividends Paid | 0 | ||||
| Retained Profit | 444,287 | ||||
| Employee Costs | |||||
| Number Of Employees | 27 | 27 | 27 | ||
| EBITDA* | 731,585 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | May 2022 | Sep 2021 | Sep 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 458,498 | 419,200 | 522,026 | 651,053 | 0 |
| Intangible Assets | 773,162 | 1,165,495 | 1,266,089 | 1,424,350 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,231,660 | 1,584,695 | 1,788,115 | 2,075,403 | 0 |
| Stock & work in progress | 64,457 | 185,003 | 54,511 | 38,857 | 0 |
| Trade Debtors | 175,041 | 102,669 | 149,100 | 126,354 | 0 |
| Group Debtors | 363,446 | 0 | 0 | 0 | 0 |
| Misc Debtors | 49,516 | 50,453 | 28,556 | 24,738 | 0 |
| Cash | 115,652 | 112,589 | 62,296 | 77,050 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 768,112 | 450,714 | 294,463 | 266,999 | 0 |
| total assets | 1,999,772 | 2,035,409 | 2,082,578 | 2,342,402 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 45,915 | 49,686 | 0 |
| Trade Creditors | 107,620 | 84,688 | 177,924 | 192,546 | 0 |
| Group/Directors Accounts | 0 | 1,016,665 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 42,741 | 0 | 64,815 | 64,815 | 0 |
| other current liabilities | 91,061 | 379,629 | 280,090 | 389,359 | 0 |
| total current liabilities | 241,422 | 1,480,982 | 568,744 | 696,406 | 0 |
| loans | 0 | 0 | 1,152,609 | 1,564,154 | 0 |
| hp & lease commitments | 760,923 | 0 | 163,939 | 233,499 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 57,526 | 58,813 | 61,605 | 50,532 | 0 |
| total long term liabilities | 818,449 | 58,813 | 1,378,153 | 1,848,185 | 0 |
| total liabilities | 1,059,871 | 1,539,795 | 1,946,897 | 2,544,591 | 0 |
| net assets | 939,901 | 495,614 | 135,681 | -202,189 | 0 |
| total shareholders funds | 939,901 | 495,614 | 135,681 | -202,189 | 0 |
| Sep 2023 | May 2022 | Sep 2021 | Sep 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 631,922 | ||||
| Depreciation | 99,663 | 102,826 | 129,027 | 190,215 | |
| Amortisation | 0 | 100,594 | 158,261 | 158,261 | |
| Tax | -107,726 | ||||
| Stock | -120,546 | 130,492 | 15,654 | 38,857 | 0 |
| Debtors | 434,881 | -24,534 | 26,564 | 151,092 | 0 |
| Creditors | 22,932 | -93,236 | -14,622 | 192,546 | 0 |
| Accruals and Deferred Income | -288,568 | 99,539 | -109,269 | 389,359 | 0 |
| Deferred Taxes & Provisions | -1,287 | -2,792 | 11,073 | 50,532 | 0 |
| Cash flow from operations | 42,601 | ||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | -45,915 | -3,771 | 49,686 | 0 |
| Group/Directors Accounts | -1,016,665 | 1,016,665 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -1,152,609 | -411,545 | 1,564,154 | 0 |
| Hire Purchase and Lease Commitments | 803,664 | -228,754 | -69,560 | 298,314 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -79,909 | ||||
| cash flow from financing | -292,910 | ||||
| cash and cash equivalents | |||||
| cash | 3,063 | 50,293 | -14,754 | 77,050 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,063 | 50,293 | -14,754 | 77,050 | 0 |
bip dental limited Credit Report and Business Information
Bip Dental Limited Competitor Analysis
Perform a competitor analysis for bip dental limited 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.
bip dental limited Ownership
BIP DENTAL LIMITED group structure
Bip Dental Limited has no subsidiary companies.
Ultimate parent company
CORE EQUITY HOLDINGS LP
#0113761
2 parents
BIP DENTAL LIMITED
11358924
bip dental limited directors
Bip Dental Limited currently has 4 directors. The longest serving directors include Dr Rebecca Sadler (May 2022) and Mrs Catherine Tannahill (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Rebecca Sadler | Scotland | 51 years | May 2022 | - | 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
4.8m
0%
operating profit
631.9k
0%
gross margin
48.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
939.9k
+0.9%
total assets
2m
-0.02%
cash
115.7k
+0.03%
net assets
Total assets minus all liabilities
Similar Companies
bip dental limited company details
company number
11358924
Type
Private limited with Share Capital
industry
86230 - Dental practice activities
incorporation date
May 2018
age
7
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
-
bip dental 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 3 charges/mortgages relating to bip dental limited. Currently there are 0 open charges and 3 have been satisfied in the past.
bip dental 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 BIP DENTAL LIMITED. This can take several minutes, an email will notify you when this has completed.
bip dental limited Companies House Filings - See Documents
| date | description | view/download |
|---|
