queens drive dental practice ltd
queens drive dental practice ltd Company Information
Company Number
SC313864
Next Accounts
Feb 2025
Industry
Dental practice activities
Shareholders
pain free destistry limited
Group Structure
View All
Contact
Registered Address
6th floor, gordon chambers, 90 mitchell street, glasgow, G1 3NQ
Website
http://glasgowdentist.co.ukqueens drive dental practice ltd Estimated Valuation
Pomanda estimates the enterprise value of QUEENS DRIVE DENTAL PRACTICE LTD at £858k based on a Turnover of £1.4m and 0.61x industry multiple (adjusted for size and gross margin).
queens drive dental practice ltd Estimated Valuation
Pomanda estimates the enterprise value of QUEENS DRIVE DENTAL PRACTICE LTD at £0 based on an EBITDA of £-113.4k and a 4.15x industry multiple (adjusted for size and gross margin).
queens drive dental practice ltd Estimated Valuation
Pomanda estimates the enterprise value of QUEENS DRIVE DENTAL PRACTICE LTD at £162.6k based on Net Assets of £53.8k and 3.02x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Queens Drive Dental Practice Ltd Overview
Queens Drive Dental Practice Ltd is a live company located in glasgow, G1 3NQ with a Companies House number of SC313864. It operates in the dental practice activities sector, SIC Code 86230. Founded in December 2006, it's largest shareholder is pain free destistry limited with a 100% stake. Queens Drive Dental Practice Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.4m with rapid growth in recent years.
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Queens Drive Dental Practice Ltd Health Check
Pomanda's financial health check has awarded Queens Drive Dental Practice Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £1.4m, make it larger than the average company (£934.4k)
- Queens Drive Dental Practice Ltd
£934.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (2.8%)
- Queens Drive Dental Practice Ltd
2.8% - Industry AVG
Production
with a gross margin of 48.5%, this company has a comparable cost of product (48.5%)
- Queens Drive Dental Practice Ltd
48.5% - Industry AVG
Profitability
an operating margin of -10.9% make it less profitable than the average company (6.2%)
- Queens Drive Dental Practice Ltd
6.2% - Industry AVG
Employees
with 19 employees, this is above the industry average (11)
19 - Queens Drive Dental Practice Ltd
11 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)
- Queens Drive Dental Practice Ltd
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £73.9k, this is less efficient (£88.3k)
- Queens Drive Dental Practice Ltd
£88.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Queens Drive Dental Practice Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (27 days)
- Queens Drive Dental Practice Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Queens Drive Dental Practice Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is more cash available to meet short term requirements (2 weeks)
3 weeks - Queens Drive Dental Practice Ltd
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.6%, this is a higher level of debt than the average (58%)
80.6% - Queens Drive Dental Practice Ltd
58% - Industry AVG
QUEENS DRIVE DENTAL PRACTICE LTD financials
Queens Drive Dental Practice Ltd's latest turnover from May 2023 is estimated at £1.4 million and the company has net assets of £53.8 thousand. According to their latest financial statements, Queens Drive Dental Practice Ltd has 19 employees and maintains cash reserves of £11 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 19 | 19 | 10 | 6 | 6 | 6 | 6 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 125,557 | 130,687 | 67,546 | 47,507 | 53,567 | 61,306 | 76,976 | 79,825 | 72,166 | 84,901 | 98,745 | 103,096 | 5,371 | 6,319 |
| Intangible Assets | 57,500 | 72,500 | 87,500 | 102,500 | 117,500 | 135,000 | 150,000 | 165,000 | 180,000 | 195,000 | 210,000 | 225,000 | 240,000 | 255,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 183,057 | 203,187 | 155,046 | 150,007 | 171,067 | 196,306 | 226,976 | 244,825 | 252,166 | 279,901 | 308,745 | 328,096 | 245,371 | 261,319 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 20,000 | 20,000 | 20,000 | 23,516 | 23,516 | 2,500 | 2,700 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 31,444 | 47,488 | 43,047 | 20,164 | 21,177 | 27,078 | 17,413 | 11,707 |
| Group Debtors | 76,442 | 1,442 | 553 | 553 | 39,129 | 6,640 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,084 | 11,951 | 749 | 0 | 56,782 | 0 | 3,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 10,983 | 277,128 | 187,962 | 29,555 | 23,169 | 19,855 | 7,722 | 27,061 | 23,308 | 11,277 | 16,232 | 22,250 | 25,657 | 10,517 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 94,509 | 290,521 | 189,264 | 30,108 | 119,080 | 26,495 | 62,966 | 94,549 | 86,355 | 51,441 | 60,925 | 72,844 | 45,570 | 24,924 |
| total assets | 277,566 | 493,708 | 344,310 | 180,115 | 290,147 | 222,801 | 289,942 | 339,374 | 338,521 | 331,342 | 369,670 | 400,940 | 290,941 | 286,243 |
| Bank overdraft | 24,299 | 25,066 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,892 | 48,332 | 23,370 | 11,598 | 10,053 | 7,089 | 24,173 | 97,608 | 177,334 | 114,586 | 179,795 | 157,061 | 130,173 | 152,825 |
| Group/Directors Accounts | 88,360 | 77,772 | 86,210 | 118,210 | 86,210 | 73,634 | 0 | 59,236 | 0 | 54,124 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 5,232 | 5,232 | 5,232 | 0 | 0 | 0 | 7,387 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 10,614 | 28,423 | 9,047 | 9,272 | 5,252 | 9,106 | 87,517 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 149,397 | 184,825 | 123,859 | 139,080 | 101,515 | 89,829 | 119,077 | 156,844 | 177,334 | 168,710 | 179,795 | 157,061 | 130,173 | 152,825 |
| loans | 41,667 | 61,667 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 9,592 | 14,823 | 20,055 | 0 | 0 | 0 | 12,757 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,828 | 14,455 | 34,358 | 58,881 | 82,032 | 0 | 0 |
| provisions | 23,142 | 24,437 | 0 | 0 | 0 | 0 | 0 | 14,627 | 12,719 | 14,579 | 17,199 | 17,509 | 371 | 404 |
| total long term liabilities | 74,401 | 100,927 | 120,055 | 0 | 0 | 0 | 12,757 | 29,455 | 27,174 | 48,937 | 76,080 | 99,541 | 371 | 404 |
| total liabilities | 223,798 | 285,752 | 243,914 | 139,080 | 101,515 | 89,829 | 131,834 | 186,299 | 204,508 | 217,647 | 255,875 | 256,602 | 130,544 | 153,229 |
| net assets | 53,768 | 207,956 | 100,396 | 41,035 | 188,632 | 132,972 | 158,108 | 153,075 | 134,013 | 113,695 | 113,795 | 144,338 | 160,397 | 133,014 |
| total shareholders funds | 53,768 | 207,956 | 100,396 | 41,035 | 188,632 | 132,972 | 158,108 | 153,075 | 134,013 | 113,695 | 113,795 | 144,338 | 160,397 | 133,014 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 24,226 | 17,058 | 8,525 | 8,694 | 11,364 | 12,188 | 0 | 14,087 | 12,735 | 14,982 | 17,425 | 18,193 | 948 | 1,115 |
| Amortisation | 15,000 | 15,000 | 15,000 | 15,000 | 17,500 | 15,000 | 0 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -20,000 | 0 | 0 | 0 | -3,516 | 0 | 21,016 | -200 | 2,700 |
| Debtors | 70,133 | 12,091 | 749 | -95,358 | 89,271 | -28,604 | -12,244 | 4,441 | 22,883 | -1,013 | -5,901 | 9,665 | 5,706 | 11,707 |
| Creditors | -27,440 | 24,962 | 11,772 | 1,545 | 2,964 | -17,084 | -73,435 | -79,726 | 62,748 | -65,209 | 22,734 | 26,888 | -22,652 | 152,825 |
| Accruals and Deferred Income | -17,809 | 19,376 | -225 | 4,020 | -3,854 | -78,411 | 87,517 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -1,295 | 24,437 | 0 | 0 | 0 | 0 | -14,627 | 1,908 | -1,860 | -2,620 | -310 | 17,138 | -33 | 404 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 10,588 | -8,438 | -32,000 | 32,000 | 12,576 | 73,634 | -59,236 | 59,236 | -54,124 | 54,124 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -20,000 | -38,333 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -5,231 | -5,232 | 25,287 | 0 | 0 | -20,144 | 20,144 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -14,828 | 373 | -19,903 | -24,523 | -23,151 | 82,032 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -266,145 | 89,166 | 158,407 | 6,386 | 3,314 | 12,133 | -19,339 | 3,753 | 12,031 | -4,955 | -6,018 | -3,407 | 15,140 | 10,517 |
| overdraft | -767 | 25,066 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -265,378 | 64,100 | 158,407 | 6,386 | 3,314 | 12,133 | -19,339 | 3,753 | 12,031 | -4,955 | -6,018 | -3,407 | 15,140 | 10,517 |
queens drive dental practice ltd Credit Report and Business Information
Queens Drive Dental Practice Ltd Competitor Analysis
Perform a competitor analysis for queens drive dental practice ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in G 1 area or any other competitors across 12 key performance metrics.
queens drive dental practice ltd Ownership
QUEENS DRIVE DENTAL PRACTICE LTD group structure
Queens Drive Dental Practice Ltd has no subsidiary companies.
Ultimate parent company
1 parent
QUEENS DRIVE DENTAL PRACTICE LTD
SC313864
queens drive dental practice ltd directors
Queens Drive Dental Practice Ltd currently has 3 directors. The longest serving directors include Mr Mark Skimming (Sep 2017) and Mrs Claire Skimming (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Skimming | Scotland | 42 years | Sep 2017 | - | Director |
| Mrs Claire Skimming | Scotland | 41 years | Sep 2017 | - | Director |
| Ms Lorraine Wilson | Scotland | 57 years | Jan 2022 | - | Director |
P&L
May 2023turnover
1.4m
+2%
operating profit
-152.7k
0%
gross margin
48.5%
+0.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
53.8k
-0.74%
total assets
277.6k
-0.44%
cash
11k
-0.96%
net assets
Total assets minus all liabilities
Similar Companies
queens drive dental practice ltd company details
company number
SC313864
Type
Private limited with Share Capital
industry
86230 - Dental practice activities
incorporation date
December 2006
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
CORNERSTONE ACCOUNTANTS
auditor
-
address
6th floor, gordon chambers, 90 mitchell street, glasgow, G1 3NQ
Bank
-
Legal Advisor
-
queens drive dental practice 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 found 1 charges/mortgages relating to queens drive dental practice ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
queens drive dental practice 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.
Click to start generating capital raising & share issue transactions for QUEENS DRIVE DENTAL PRACTICE LTD. This can take several minutes, an email will notify you when this has completed.
queens drive dental practice ltd Companies House Filings - See Documents
| date | description | view/download |
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