dk dental lab ltd
dk dental lab ltd Company Information
Company Number
SC635778
Next Accounts
Feb 2025
Industry
Manufacture of medical and dental instruments and supplies
Shareholders
pain free dentistry limited
darren john kelsey
Group Structure
View All
Contact
Registered Address
6th floor gordon chambers, 90 mitchell street, glasgow, G1 3NQ
Website
www.dkdentallab.comdk dental lab ltd Estimated Valuation
Pomanda estimates the enterprise value of DK DENTAL LAB LTD at £595.1k based on a Turnover of £558.7k and 1.07x industry multiple (adjusted for size and gross margin).
dk dental lab ltd Estimated Valuation
Pomanda estimates the enterprise value of DK DENTAL LAB LTD at £397.4k based on an EBITDA of £66.2k and a 6x industry multiple (adjusted for size and gross margin).
dk dental lab ltd Estimated Valuation
Pomanda estimates the enterprise value of DK DENTAL LAB LTD at £299.6k based on Net Assets of £126.6k and 2.37x industry multiple (adjusted for liquidity).
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Dk Dental Lab Ltd Overview
Dk Dental Lab Ltd is a live company located in glasgow, G1 3NQ with a Companies House number of SC635778. It operates in the manufacture of medical and dental instruments and supplies sector, SIC Code 32500. Founded in July 2019, it's largest shareholder is pain free dentistry limited with a 50% stake. Dk Dental Lab Ltd is a young, small sized company, Pomanda has estimated its turnover at £558.7k with rapid growth in recent years.
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Dk Dental Lab Ltd Health Check
Pomanda's financial health check has awarded Dk Dental Lab Ltd a 5 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
4 Regular
4 Weak
Size
annual sales of £558.7k, make it smaller than the average company (£17.8m)
- Dk Dental Lab Ltd
£17.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 100%, show it is growing at a faster rate (6.4%)
- Dk Dental Lab Ltd
6.4% - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)
- Dk Dental Lab Ltd
38.4% - Industry AVG
Profitability
an operating margin of 11.9% make it more profitable than the average company (6.1%)
- Dk Dental Lab Ltd
6.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (88)
3 - Dk Dental Lab Ltd
88 - Industry AVG
Pay Structure
on an average salary of £49k, the company has an equivalent pay structure (£49k)
- Dk Dental Lab Ltd
£49k - Industry AVG
Efficiency
resulting in sales per employee of £186.2k, this is equally as efficient (£178.7k)
- Dk Dental Lab Ltd
£178.7k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (50 days)
- Dk Dental Lab Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (38 days)
- Dk Dental Lab Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is less than average (90 days)
- Dk Dental Lab Ltd
90 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (11 weeks)
18 weeks - Dk Dental Lab Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.1%, this is a similar level of debt than the average (43.7%)
47.1% - Dk Dental Lab Ltd
43.7% - Industry AVG
DK DENTAL LAB LTD financials
Dk Dental Lab Ltd's latest turnover from May 2023 is estimated at £558.7 thousand and the company has net assets of £126.6 thousand. According to their latest financial statements, Dk Dental Lab Ltd has 3 employees and maintains cash reserves of £18.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| 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 | 3 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| Tangible Assets | 73,153 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 73,153 | 0 | 0 | 0 |
| Stock & work in progress | 14,250 | 100 | 28,061 | 19,880 |
| Trade Debtors | 132,845 | 86,136 | 35,968 | 9,640 |
| Group Debtors | 0 | 0 | 0 | 3,900 |
| Misc Debtors | 695 | 0 | 0 | 0 |
| Cash | 18,325 | 16,905 | 11,180 | 3,060 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 166,115 | 103,141 | 75,209 | 36,480 |
| total assets | 239,268 | 103,141 | 75,209 | 36,480 |
| Bank overdraft | 4,252 | 615 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,212 | 4,306 | 4,916 | 13,970 |
| Group/Directors Accounts | 4,730 | 7,000 | 7,000 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 25,750 | 0 | 0 | 0 |
| other current liabilities | 3,703 | 14,738 | 13,172 | 15,707 |
| total current liabilities | 52,647 | 26,659 | 25,088 | 29,677 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 46,167 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 13,899 | 0 | 0 | 0 |
| total long term liabilities | 60,066 | 0 | 0 | 0 |
| total liabilities | 112,713 | 26,659 | 25,088 | 29,677 |
| net assets | 126,555 | 76,482 | 50,121 | 6,803 |
| total shareholders funds | 126,555 | 76,482 | 50,121 | 6,803 |
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 14,150 | -27,961 | 8,181 | 19,880 |
| Debtors | 47,404 | 50,168 | 22,428 | 13,540 |
| Creditors | 9,906 | -610 | -9,054 | 13,970 |
| Accruals and Deferred Income | -11,035 | 1,566 | -2,535 | 15,707 |
| Deferred Taxes & Provisions | 13,899 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -2,270 | 0 | 7,000 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 71,917 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 1,420 | 5,725 | 8,120 | 3,060 |
| overdraft | 3,637 | 615 | 0 | 0 |
| change in cash | -2,217 | 5,110 | 8,120 | 3,060 |
dk dental lab ltd Credit Report and Business Information
Dk Dental Lab Ltd Competitor Analysis
Perform a competitor analysis for dk dental lab ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in G 1 area or any other competitors across 12 key performance metrics.
dk dental lab ltd Ownership
DK DENTAL LAB LTD group structure
Dk Dental Lab Ltd has no subsidiary companies.
Ultimate parent company
DK DENTAL LAB LTD
SC635778
dk dental lab ltd directors
Dk Dental Lab Ltd currently has 3 directors. The longest serving directors include Mr Mark Skimming (Jul 2019) and Mr Darren Kelsey (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Skimming | Scotland | 42 years | Jul 2019 | - | Director |
| Mr Darren Kelsey | Scotland | 39 years | Jul 2019 | - | Director |
| Ms Lorraine Wilson | Scotland | 57 years | Jan 2022 | - | Director |
P&L
May 2023turnover
558.7k
+77%
operating profit
66.2k
0%
gross margin
38.4%
-1.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
126.6k
+0.65%
total assets
239.3k
+1.32%
cash
18.3k
+0.08%
net assets
Total assets minus all liabilities
Similar Companies
dk dental lab ltd company details
company number
SC635778
Type
Private limited with Share Capital
industry
32500 - Manufacture of medical and dental instruments and supplies
incorporation date
July 2019
age
5
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
-
dk dental lab 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 did not find charges/mortgages relating to dk dental lab ltd.
dk dental lab 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.
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dk dental lab ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
