watford smile clinic limited

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watford smile clinic limited Company Information

Share WATFORD SMILE CLINIC LIMITED

Company Number

14295929

Directors

Kishan Patel

Jiten Vaghela

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Shareholders

tna smile limited

Group Structure

View All

Industry

Dental practice activities

 

Registered Address

aston house cornwall avenue, london, N3 1LF

Website

-

watford smile clinic limited Estimated Valuation

£179.1k

Pomanda estimates the enterprise value of WATFORD SMILE CLINIC LIMITED at £179.1k based on a Turnover of £324.1k and 0.55x industry multiple (adjusted for size and gross margin).

watford smile clinic limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WATFORD SMILE CLINIC LIMITED at £0 based on an EBITDA of £-78.6k and a 3.49x industry multiple (adjusted for size and gross margin).

watford smile clinic limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WATFORD SMILE CLINIC LIMITED at £0 based on Net Assets of £-130.7k and 2.6x industry multiple (adjusted for liquidity).

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Watford Smile Clinic Limited Overview

Watford Smile Clinic Limited is a live company located in london, N3 1LF with a Companies House number of 14295929. It operates in the dental practice activities sector, SIC Code 86230. Founded in August 2022, it's largest shareholder is tna smile limited with a 100% stake. Watford Smile Clinic Limited is a startup, micro sized company, Pomanda has estimated its turnover at £324.1k with unknown growth in recent years.

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Watford Smile Clinic Limited Health Check

Pomanda's financial health check has awarded Watford Smile Clinic Limited a 2 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 Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £324.1k, make it smaller than the average company (£971k)

£324.1k - Watford Smile Clinic Limited

£971k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Watford Smile Clinic Limited

- - Industry AVG

production

Production

with a gross margin of 49.9%, this company has a comparable cost of product (49.9%)

49.9% - Watford Smile Clinic Limited

49.9% - Industry AVG

profitability

Profitability

an operating margin of -40.4% make it less profitable than the average company (8.9%)

-40.4% - Watford Smile Clinic Limited

8.9% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (11)

4 - Watford Smile Clinic Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £22.1k, the company has an equivalent pay structure (£22.1k)

£22.1k - Watford Smile Clinic Limited

£22.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £81k, this is equally as efficient (£92.7k)

£81k - Watford Smile Clinic Limited

£92.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Watford Smile Clinic Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 75 days, this is slower than average (25 days)

75 days - Watford Smile Clinic Limited

25 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (11 days)

3 days - Watford Smile Clinic 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 - Watford Smile Clinic Limited

1 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 126.4%, this is a higher level of debt than the average (49.2%)

126.4% - Watford Smile Clinic Limited

49.2% - Industry AVG

WATFORD SMILE CLINIC LIMITED financials

EXPORTms excel logo

Watford Smile Clinic Limited's latest turnover from March 2024 is estimated at £324.1 thousand and the company has net assets of -£130.7 thousand. According to their latest financial statements, Watford Smile Clinic Limited has 4 employees and maintains cash reserves of £608 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023
Turnover324,101
Other Income Or Grants
Cost Of Sales162,385
Gross Profit161,716
Admin Expenses292,528
Operating Profit-130,812
Interest Payable
Interest Receivable16
Pre-Tax Profit-130,796
Tax
Profit After Tax-130,796
Dividends Paid
Retained Profit-130,796
Employee Costs88,552
Number Of Employees4
EBITDA*-78,591

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023
Tangible Assets103,318
Intangible Assets349,571
Investments & Other100
Debtors (Due After 1 year)
Total Fixed Assets452,889100
Stock & work in progress1,500
Trade Debtors
Group Debtors6,400
Misc Debtors34,292
Cash608
misc current assets
total current assets42,800
total assets495,689100
Bank overdraft
Bank loan
Trade Creditors 33,557
Group/Directors Accounts30,030
other short term finances
hp & lease commitments16,663
other current liabilities397,804
total current liabilities478,054
loans
hp & lease commitments58,331
Accruals and Deferred Income
other liabilities90,000
provisions
total long term liabilities148,331
total liabilities626,385
net assets-130,696100
total shareholders funds-130,696100
Mar 2024Mar 2023
Operating Activities
Operating Profit-130,812
Depreciation16,943
Amortisation35,278
Tax
Stock1,500
Debtors40,692
Creditors33,557
Accruals and Deferred Income397,804
Deferred Taxes & Provisions
Cash flow from operations310,578
Investing Activities
capital expenditure-505,110
Change in Investments-100100
cash flow from investments-505,010-100
Financing Activities
Bank loans
Group/Directors Accounts30,030
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments74,994
other long term liabilities90,000
share issue100
interest16
cash flow from financing195,040100
cash and cash equivalents
cash608
overdraft
change in cash608

watford smile clinic 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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Watford Smile Clinic Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for watford smile clinic limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.

watford smile clinic limited Ownership

WATFORD SMILE CLINIC LIMITED group structure

Watford Smile Clinic Limited has no subsidiary companies.

Ultimate parent company

2 parents

WATFORD SMILE CLINIC LIMITED

14295929

WATFORD SMILE CLINIC LIMITED Shareholders

tna smile limited 100%

watford smile clinic limited directors

Watford Smile Clinic Limited currently has 4 directors. The longest serving directors include Mr Kishan Patel (Aug 2022) and Mr Jiten Vaghela (Aug 2022).

officercountryagestartendrole
Mr Kishan PatelEngland40 years Aug 2022- Director
Mr Jiten VaghelaUnited Kingdom39 years Aug 2022- Director
Mr Jinesh VaghelaEngland40 years Aug 2022- Director
Mr Shilan ShahUnited Kingdom38 years Aug 2022- Director

P&L

March 2024

turnover

324.1k

0%

operating profit

-130.8k

0%

gross margin

49.9%

0%

turnover

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

Balance Sheet

March 2024

net assets

-130.7k

-1307.96%

total assets

495.7k

+4955.89%

cash

608

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

watford smile clinic limited company details

company number

14295929

Type

Private limited with Share Capital

industry

86230 - Dental practice activities

incorporation date

August 2022

age

3

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

aston house cornwall avenue, london, N3 1LF

Bank

-

Legal Advisor

-

watford smile clinic 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 watford smile clinic limited.

watford smile clinic 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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watford smile clinic limited Companies House Filings - See Documents

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