the real good dental company limited
the real good dental company limited Company Information
Company Number
SC511332
Next Accounts
99 days late
Shareholders
kingdom holding group limited
Group Structure
View All
Industry
Dental practice activities
Registered Address
25 queen street, edinburgh, EH2 1JX
Website
realgooddental.comthe real good dental company limited Estimated Valuation
Pomanda estimates the enterprise value of THE REAL GOOD DENTAL COMPANY LIMITED at £24.9m based on a Turnover of £29.1m and 0.86x industry multiple (adjusted for size and gross margin).
the real good dental company limited Estimated Valuation
Pomanda estimates the enterprise value of THE REAL GOOD DENTAL COMPANY LIMITED at £0 based on an EBITDA of £-2m and a 5.4x industry multiple (adjusted for size and gross margin).
the real good dental company limited Estimated Valuation
Pomanda estimates the enterprise value of THE REAL GOOD DENTAL COMPANY LIMITED at £0 based on Net Assets of £-12.9m and 2.6x industry multiple (adjusted for liquidity).
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The Real Good Dental Company Limited Overview
The Real Good Dental Company Limited is a live company located in edinburgh, EH2 1JX with a Companies House number of SC511332. It operates in the dental practice activities sector, SIC Code 86230. Founded in July 2015, it's largest shareholder is kingdom holding group limited with a 100% stake. The Real Good Dental Company Limited is a established, large sized company, Pomanda has estimated its turnover at £29.1m with rapid growth in recent years.
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The Real Good Dental Company Limited Health Check
Pomanda's financial health check has awarded The Real Good Dental Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £29.1m, make it larger than the average company (£926.6k)
£29.1m - The Real Good Dental Company Limited
£926.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (2.5%)
- The Real Good Dental Company Limited
2.5% - Industry AVG
Production
with a gross margin of 39.7%, this company has a comparable cost of product (49%)
39.7% - The Real Good Dental Company Limited
49% - Industry AVG
Profitability
an operating margin of -25.6% make it less profitable than the average company (8.2%)
-25.6% - The Real Good Dental Company Limited
8.2% - Industry AVG
Employees
with 344 employees, this is above the industry average (11)
344 - The Real Good Dental Company Limited
11 - Industry AVG
Pay Structure
on an average salary of £24.5k, the company has a higher pay structure (£19.9k)
£24.5k - The Real Good Dental Company Limited
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £84.5k, this is equally as efficient (£85.7k)
£84.5k - The Real Good Dental Company Limited
£85.7k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is later than average (7 days)
16 days - The Real Good Dental Company Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (25 days)
35 days - The Real Good Dental Company Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is in line with average (11 days)
12 days - The Real Good Dental Company Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (3 weeks)
0 weeks - The Real Good Dental Company Limited
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 122.4%, this is a higher level of debt than the average (51.7%)
122.4% - The Real Good Dental Company Limited
51.7% - Industry AVG
THE REAL GOOD DENTAL COMPANY LIMITED financials
The Real Good Dental Company Limited's latest turnover from March 2023 is £29.1 million and the company has net assets of -£12.9 million. According to their latest financial statements, The Real Good Dental Company Limited has 344 employees and maintains cash reserves of £385.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | May 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 29,063,138 | 16,702,196 | 7,820,232 | |||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 17,523,680 | 8,239,643 | 4,133,400 | |||||
| Gross Profit | 11,539,458 | 8,462,553 | 3,686,832 | |||||
| Admin Expenses | 18,992,949 | 7,415,605 | 4,091,278 | |||||
| Operating Profit | -7,453,491 | 1,046,948 | -404,446 | |||||
| Interest Payable | 3,466,172 | 2,049,148 | 143,006 | |||||
| Interest Receivable | 22,493 | |||||||
| Pre-Tax Profit | -10,919,663 | -979,707 | -547,452 | |||||
| Tax | 486,978 | -52,925 | -129,228 | |||||
| Profit After Tax | -10,432,685 | -1,032,632 | -676,680 | |||||
| Dividends Paid | ||||||||
| Retained Profit | -10,432,685 | -1,032,632 | -676,680 | |||||
| Employee Costs | 8,412,577 | 4,235,932 | 2,241,537 | |||||
| Number Of Employees | 344 | 253 | 115 | 122 | 121 | 111 | 103 | |
| EBITDA* | -2,029,477 | 2,468,483 | 681,011 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | May 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,093,225 | 2,557,051 | 1,405,404 | 381,102 | 476,960 | 567,614 | 584,889 | |
| Intangible Assets | 17,905,274 | 11,077,652 | 4,912,297 | 3,510,523 | 3,877,000 | 3,727,000 | 3,727,000 | |
| Investments & Other | 13,788,497 | 14,672,175 | 2,006,706 | |||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 34,786,996 | 28,306,878 | 8,324,407 | 3,891,625 | 4,353,960 | 4,294,614 | 4,311,889 | |
| Stock & work in progress | 603,433 | 866,596 | 323,900 | 175,544 | 155,544 | 249,876 | 244,879 | |
| Trade Debtors | 1,342,993 | 1,137,317 | 180,464 | 594,524 | 381,656 | 349,540 | 396,412 | |
| Group Debtors | 18,712,508 | 9,906,695 | 1,672,693 | |||||
| Misc Debtors | 1,499,309 | 2,272,098 | 834,859 | 3,410,093 | 3,492,709 | 3,112,302 | 383,457 | |
| Cash | 385,264 | 356,027 | 59,385 | 4,543 | 3,812 | 292 | 100 | |
| misc current assets | ||||||||
| total current assets | 22,543,507 | 14,538,733 | 3,071,301 | 4,180,161 | 4,034,452 | 3,715,530 | 1,025,040 | 100 |
| total assets | 57,330,503 | 42,845,611 | 11,395,708 | 8,071,786 | 8,388,412 | 8,010,144 | 5,336,929 | 100 |
| Bank overdraft | 331,735 | 396,480 | 371,499 | 2,857,574 | ||||
| Bank loan | 249,777 | |||||||
| Trade Creditors | 1,725,570 | 1,062,188 | 838,197 | 165,256 | 489,621 | 421,087 | 293,809 | |
| Group/Directors Accounts | 25,341,227 | 4,880,540 | 6,305,087 | 5,087,578 | 5,737,236 | 6,275,143 | 1,860,914 | |
| other short term finances | ||||||||
| hp & lease commitments | 25,004 | 135,652 | 60,755 | 79,544 | ||||
| other current liabilities | 4,021,757 | 3,537,855 | 4,292,145 | 1,364,124 | 1,014,720 | 419,919 | 292,226 | |
| total current liabilities | 31,113,558 | 9,480,583 | 11,820,858 | 6,948,693 | 7,698,812 | 7,567,192 | 5,304,523 | |
| loans | 37,966,254 | 34,068,553 | 1,313,400 | |||||
| hp & lease commitments | 20,779 | 159,263 | ||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 1,042,000 | 2,048,458 | ||||||
| provisions | 42,835 | 529,813 | 351,351 | |||||
| total long term liabilities | 39,071,868 | 36,646,824 | 1,824,014 | |||||
| total liabilities | 70,185,426 | 46,127,407 | 13,644,872 | 6,948,693 | 7,698,812 | 7,567,192 | 5,304,523 | |
| net assets | -12,854,923 | -3,281,796 | -2,249,164 | 1,123,093 | 689,600 | 442,952 | 32,406 | 100 |
| total shareholders funds | -12,854,923 | -3,281,796 | -2,249,164 | 1,123,093 | 689,600 | 442,952 | 32,406 | 100 |
| Mar 2023 | Mar 2022 | May 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -7,453,491 | 1,046,948 | -404,446 | |||||
| Depreciation | 1,014,614 | 415,223 | 438,294 | 95,858 | 116,095 | 122,226 | 64,474 | |
| Amortisation | 4,409,400 | 1,006,312 | 647,163 | 366,477 | ||||
| Tax | 486,978 | -52,925 | -129,228 | |||||
| Stock | -263,163 | 542,696 | 148,356 | 20,000 | -94,332 | 4,997 | 244,879 | |
| Debtors | 8,238,700 | 10,628,094 | -1,316,601 | 130,252 | 412,523 | 2,681,973 | 779,869 | |
| Creditors | 663,382 | 223,991 | 672,941 | -324,365 | 68,534 | 127,278 | 293,809 | |
| Accruals and Deferred Income | 483,902 | -754,290 | 2,928,021 | 349,404 | 594,801 | 127,693 | 292,226 | |
| Deferred Taxes & Provisions | -486,978 | 178,462 | 351,351 | |||||
| Cash flow from operations | -8,857,730 | -9,107,069 | 5,672,341 | |||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -883,678 | 12,665,469 | 2,006,706 | |||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -249,777 | 249,777 | ||||||
| Group/Directors Accounts | 20,460,687 | -1,424,547 | 1,217,509 | -649,658 | -537,907 | 4,414,229 | 1,860,914 | |
| Other Short Term Loans | ||||||||
| Long term loans | 3,897,701 | 32,755,153 | 1,313,400 | |||||
| Hire Purchase and Lease Commitments | 45,783 | -294,915 | 294,915 | -60,755 | -18,789 | 79,544 | ||
| other long term liabilities | -1,006,458 | 2,048,458 | ||||||
| share issue | ||||||||
| interest | -3,466,172 | -2,026,655 | -143,006 | |||||
| cash flow from financing | 20,791,099 | 30,807,717 | 237,018 | |||||
| cash and cash equivalents | ||||||||
| cash | 29,237 | 296,642 | 59,385 | -4,543 | 731 | 3,520 | 192 | 100 |
| overdraft | -331,735 | -64,745 | 24,981 | -2,486,075 | 2,857,574 | |||
| change in cash | 29,237 | 296,642 | 391,120 | 60,202 | -24,250 | 2,489,595 | -2,857,382 | 100 |
the real good dental company limited Credit Report and Business Information
The Real Good Dental Company Limited Competitor Analysis
Perform a competitor analysis for the real good dental company limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other large companies, companies in EH2 area or any other competitors across 12 key performance metrics.
the real good dental company limited Ownership
THE REAL GOOD DENTAL COMPANY LIMITED group structure
The Real Good Dental Company Limited has 15 subsidiary companies.
Ultimate parent company
2 parents
THE REAL GOOD DENTAL COMPANY LIMITED
SC511332
15 subsidiaries
the real good dental company limited directors
The Real Good Dental Company Limited currently has 3 directors. The longest serving directors include Mr Jagdeep Hans (Jul 2015) and Mr Harvey Ainley (Mar 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jagdeep Hans | United Kingdom | 36 years | Jul 2015 | - | Director |
| Mr Harvey Ainley | United Kingdom | 58 years | Mar 2024 | - | Director |
| Mrs Jacqueline Barclay | United Kingdom | 62 years | Jan 2025 | - | Director |
P&L
March 2023turnover
29.1m
+74%
operating profit
-7.5m
-812%
gross margin
39.8%
-21.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-12.9m
+2.92%
total assets
57.3m
+0.34%
cash
385.3k
+0.08%
net assets
Total assets minus all liabilities
the real good dental company limited company details
company number
SC511332
Type
Private limited with Share Capital
industry
86230 - Dental practice activities
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
FORVIS MAZARS LLP
address
25 queen street, edinburgh, EH2 1JX
Bank
-
Legal Advisor
-
the real good dental company 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 the real good dental company limited. Currently there are 2 open charges and 1 have been satisfied in the past.
the real good dental company 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 THE REAL GOOD DENTAL COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
the real good dental company limited Companies House Filings - See Documents
| date | description | view/download |
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