Parkstone Dental Practice Limited

Parkstone Dental Practice Ltd, based in Christchurch, UK, is a small, family-run business with an active status, having been founded 14 years ago. The practice employs eight people and holds £727,844 in assets, operating from a virtual address shared by 41 other companies. Two directors and two owners manage the business, which boasts a stellar 5.0 Google rating based on 196 reviews. The practice is an irregular importer, primarily bringing in optical and medical tools and devices, with its last import activity recorded one month ago in July 2022.

The practice’s website, Parkstone Dental, showcases a range of dental services, including routine check-ups, cosmetic dentistry, and emergency treatments. While the site doesn't appear to be actively selling products online (no e-commerce functionality is visible), it does offer online appointment booking and detailed information about the team and services. The practice emphasizes a patient-centered approach and a commitment to providing high-quality dental care.

Financially, Parkstone Dental Practice Ltd presents a mixed picture. Current assets have increased significantly by 100%, reaching £730,000, while net assets have also seen a substantial rise of 92%, reaching £640,000. Cash reserves have more than doubled, increasing by 220% to £510,000. However, bank borrowings have also increased, surging by 2,400%, reaching £29,000. Creditors have decreased by 18%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility. The accounts are unaudited, likely due to the company’s small size and exemption from audit.

The sharp increase in bank borrowings, despite the overall positive financial trends, warrants closer attention. It could be a result of investments in equipment or expansion, but it’s something to monitor. The company's reliance on a virtual address, shared with many other businesses, could also raise questions about its operational infrastructure. Overall, Parkstone Dental Practice Ltd appears to be financially stable, but the increase in debt suggests it may be burning through money.

Registered in England/Wales under the registration number 07604239, with a registered address at BH23 1EF, Christchurch, Dorset, 10 Bridge Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.