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2m Practices Limited

07947688

active
Private Limited Company
england wales
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

4 WATERDEN ROAD, GUILDFORD, GU1 2AW
Incorporated 13/02/2012

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 15/12/2025

Due 29/12/2026

On track

Industry

86230
Dental practice activities

Officers

Mr Mitul Harshad Patel

director · Since 13/02/2012

DENTIST

BRITISH · ENGLAND · Age 46

Mrs Krinna Patel Standley

secretary · Since 16/07/2015

Persons with Significant Control

Mr Mitul Harshad Patel

75–100% shares

British · England · Age 46

4 Waterden Road, Waterden Dental Practice, Guildford, GU1 2AW

Notified 10/02/2017

Charges4 outstanding

Charge
outstanding

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CompanyRankvs 2406+ SIC 86230 peers
65

Financial strength66th percentile among SIC peers · 17/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.65× · 16/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£94k

Balance sheet strength

Cash

£185k

Cash in the bank

Net Current Assets

£130k

Working capital

Current Assets

£331k

Current Liabilities

£201k

Fixed Assets

£471k

Debtors

£135k

8avg. employees

Tax at Year End(2023)

Corp tax£43k

Balance Sheet

Intangible assets£198k
Bank loans & overdrafts£312k
Assets less current liabilities£601k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.65+£48k
20241.45+£37k
20231.45-£29k
20221.48
20211.64
20200.68-£79k
20191.08

Derived from filed accounts. Not audited figures.