SDC GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-15 (in 8mo)
Last made up 2026-01-01
Watchouts
None on the register
Cash
£406K
Latest balance sheet
Net assets
-£4M
lowest in 6 filed years
Employees
168
Average over period
Profit before tax
-£3M
Period ending 2024-12-31
Net assets
6-year trend · vs Health Care median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-07-31 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £20,097,276 | £18,542,712 | |
| Operating profit | — | — | — | — | -£2,051,641 | -£645,726 | |
| Profit before tax | — | — | — | — | -£3,927,418 | -£3,073,452 | |
| Net profit | — | — | — | -£603,116 | -£3,982,654 | -£3,017,504 | |
| Cash | £1,006 | £0 | £196,873 | £433,215 | £5,429,534 | £405,861 | |
| Total assets less current liabilities | -£29,175 | £1,771,463 | £2,925,797 | — | £9,594,815 | £8,065,620 | |
| Net assets | -£29,175 | £1,463 | -£218,559 | £1,115,123 | -£1,140,198 | -£4,157,692 | |
| Equity | -£29,175 | £1,463 | -£218,559 | — | -£1,140,198 | -£4,157,692 | |
| Average employees | 3 | 2 | 5 | 11 | 171 | 168 | |
| Wages | — | — | — | £406,632 | £5,027,346 | £4,179,027 | |
| Directors' remuneration | — | — | — | — | £356,253 | £426,312 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-07-31 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -10.2% | -3.5% | |
| Net margin | — | — | — | — | -19.8% | -16.3% | |
| Return on capital employed | — | — | — | — | -21.4% | -8.0% | |
| Current ratio | — | — | — | — | 0.74x | 0.36x | |
| Interest cover | — | — | — | — | -1.09x | -0.32x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- SDC GROUP LIMITED 2015-06-02 → present
- SMILE DENTAL CLINICS LIMITED 2014-05-22 → 2015-06-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future and have concluded it is appropriate to prepare the financial statements on a going concern basis. This assessment considers principal risks, cash flow forecasts, and continued support from investors and bank facilities.”
Group structure
- SDC GROUP LIMITED · parent
- SDC Clinics Limited 100%
- Philip Friel Dentist Limited 100%
- Scotdent Clinics Limited 100%
- Mathewson Dental Practice Limited 100%
- Belhaven Dental Limited 100%
Significant events
- “The group purchased Platt & Common on 28 June 2024.”
- “The group also made significant capital investment across 4 clinic locations to increase the number of surgeries by a further 6.”
- “Post period, the group has also progressed execution of capital investment plans for its leading clinics in both Edinburgh and Glasgow, which will see a further 6 surgeries being added to the capacity of the group's existing estate.”
- “On 1 April 2025, the group acquired one further clinic, Duncan Smith Dental Practice.”
- “Additionally, the group has also secured a new site to launch Advanced Dentistry at Winchburgh.”
- “Post period end, the group finalised a refinancing of its facilities with HSBC UK Bank plc ("HSBC") and now has a £13,500,000 facility to support further acquisitions.”
- “The company extended its RCF loan facilities to 31 December 2026, increasing its facility to £13.5m from £8m.”
- “SDC Clinics Limited entered into a business combination for initial consideration of £1,200,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FRIEL, Christopher John | Director | 2014-05-22 | Feb 1982 | Scottish |
| FRIEL, Philip Joseph | Director | 2014-05-22 | Sep 1976 | British |
| MCPHERSON, Rory Alexander | Director | 2026-03-30 | May 1974 | British |
| SEIGAL, Jeremy Paul | Director | 2023-09-12 | Jun 1960 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUCKLEY, James Peter | Director | 2022-02-08 | 2023-08-24 |
| CLARKE, Graham Alan | Director | 2024-05-08 | 2026-03-30 |
| HOOD, Lynn Catherine | Director | 2023-03-20 | 2025-09-12 |
| MCBURNIE, Donna | Director | 2023-07-10 | 2025-04-04 |
| MCGETTRICK, Paul Gerard | Director | 2022-02-08 | 2023-04-11 |
| NIXON, Christopher James | Director | 2022-02-08 | 2024-05-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bgf Investment Management Limited | Corporate entity | Shares 25–50% | 2022-02-08 | Active |
| Mr Christopher John Friel | Individual | Shares 25–50% | 2016-05-22 | Active |
| Dr Philip Joseph Friel | Individual | Shares 25–50% | 2016-05-22 | Active |
Filing timeline
Last 20 of 69 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-05-15 MA Memorandum articles
- 2024-05-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-25 | AA | accounts | Accounts with accounts type group | |
| 2025-09-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type group | |
| 2024-05-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-21 | SH01 | capital | Capital allotment shares | |
| 2024-05-15 | MA | incorporation | Memorandum articles | |
| 2024-05-15 | RESOLUTIONS | resolution | Resolution | |
| 2024-03-27 | CH01 | officers | Change person director company with change date | |
| 2024-01-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-19 | SH01 | capital | Capital allotment shares | |
| 2023-09-07 | AA01 | accounts | Change account reference date company current extended | |
| 2023-09-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-25 | SH19 | capital | Capital statement capital company with date currency figure |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.