Smile Fast Ltd

Smile Fast Ltd, based in Carlisle, UK, is a small, active company established twelve years ago. With seven employees and £831,400 in assets, it’s a modest operation managed by five directors and three owners. The company regularly imports and exports optical and medical tools and devices—nineteen months of imports and four months of exports recorded, with the latest import activity in November 2024.

Smile Fast Ltd operates a unique business model centered around cosmetic dentistry. Its website, SmileFast, promotes a "Smile Makeovers Revolutionised" approach, guiding patients through treatment planning and allowing them to visualise their new smile before committing. The process involves a dentist designing a new smile on a photograph, allowing the patient to "test drive" the design, and then delivering the final result. The website highlights the company's focus on patient visualisation and a streamlined treatment journey, with a strong emphasis on marketing and patient testimonials.

Financially, Smile Fast Ltd shows some concerning trends. Accumulated depreciation increased by 34%, indicating increased asset wear and tear. Cash bank on hand plummeted 57%, dropping to £140,000, while bank borrowings increased by 3.6%. Creditors also rose by 2.3%, suggesting a reliance on short-term financing. However, there's a positive sign in debtors, which increased by 23%, possibly reflecting growing sales. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity, dropping to -£850, is a significant red flag. No auditor is mentioned, which is typical for small companies.

Overall, Smile Fast Ltd appears to be facing some financial headwinds. While its innovative approach to cosmetic dentistry shows promise, the declining equity and reduced cash reserves suggest the company is burning through money. The management team will need to address these issues to ensure the long-term sustainability of the business.

Registered in England/Wales under the registration number 08133178, with a registered address at CA1 2UT, United Kingdom, Carlisle, Cumbria, 12c Alanbrooke Road, Rosehill Industrial Estate.

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