The Real Good Dental Company Limited
Registered name: THE REAL GOOD DENTAL COMPANY LIMITED
Part of Thistle Holdco Limited groupThe Real Good Dental Company Limited made £36.8m revenue and a £12.7m loss in the year to 30 Mar 2025.
The Real Good Dental Company Limited’s revenue was £36.8m in the year to 30 Mar 2025, with a loss of £12.7m and 359 employees. The company is classified under “dental practice activities” and is based in Edinburgh.
- Status
- Active
- Location
- Edinburgh, Scotland
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The Company's immediate parent undertaking is Kingdom Holding Group Limited. Thistle Holdco Limited is the Company's ultimate parent company. In the opinion of the Directors, there is no ultimate cont”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Mar 2025 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £36.8m |
| Cost of sales | £21m |
| Gross profit | £15.8m |
| Operating profit | −£8.4m |
| Profit before tax | −£12.7m |
| Profit after tax | −£12.7m |
| Profit (best available) | −£12.7m |
| Staff costs | £9.2m |
| Employees (average) | 359 |
| Ratios | |
| Profit margin | −34.6% |
| Gross margin | 42.9% |
| Revenue per employee | £102k |
| Profit per employee | −£35.5k |
| Balance sheet — indirect signals, not revenue | |
| Cash at bank | £16.8k |
| Net assets | −£38.9m |
| Fixed assets | £24.4m |
| Current assets | £24.4m |
| Debtors | £1.8m |
| Deferred income | £2.3m |
| Source | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −34.6%
- Profit ÷ revenue.
- Gross margin
- 42.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £102k
- Revenue ÷ average employees.
- Profit per employee
- −£35.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 66.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£38.9m
- Cash at bank
- —
- Now £16.8k
- Headcount
- —
- Now 359
- Deferred income
- —
- Now £2.3m
- Fixed assets
- —
- Now £24.4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Thistle Holdco Limitedultimate parent75–100%
- Thistle Bidco Limited75–100%
- Thistle Finco 1 Limited75–100%
- Thistle Finco 2 Limited75–100%
- Kingdom Holding Group Limited75–100%
- The Real Good Dental Company Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (13)
- A & S McGregor Ltd.Figures not disclosed
- Bathgate Dental Practice Ltd.Figures not disclosed
- Blackhills Clinic LimitedFigures not disclosed
- BMR Holdco LimitedFigures not disclosed
- Byres Road Dental Practice LtdFigures not disclosed
- Eilertsen Holdings LimitedFigures not disclosed
- Essential Dental Care Ltd.Figures not disclosed
- H Maclean LimitedFigures not disclosed
- Iriston House Dental Practice LimitedFigures not disclosed
- Kirkintilloch Orthodontics LimitedFigures not disclosed
- O'Hagan & Murray LimitedFigures not disclosed
- The Renfrew Dental Centre LimitedFigures not disclosed
- West Kilbride Dental Surgery LimitedFigures not disclosed
Sister companies (5)
- Enamel Dental Holdings LimitedFigures not disclosed
- Firth of Forth Clinical LimitedFigures not disclosed
- Incisive Smiles Holdings LimitedFigures not disclosed
- RGDC Int LimitedFigures not disclosed
- Westerwood Smile LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 30 Mar 2025 (profit −£12.7m), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.