SDC GROUP LIMITED

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

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

1. SDC GROUP LIMITED · parent
   1. SDC Clinics Limited 100% · Scotland · provision of dental services
   2. Philip Friel Dentist Limited 100% · Scotland · dormant
   3. Scotdent Clinics Limited 100% · Scotland · dormant
   4. Mathewson Dental Practice Limited 100% · Scotland · dormant
   5. Belhaven Dental Limited 100% · Scotland · dormant

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

Filings

5

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -98.9%

  £3,929,470 → £45,072

• Net assets

  -200.6%

  -£2,199,717 → -£6,612,848

  lowest in 6 filed years

• Employees

  -38.5%

  26 → 16

• Wages

  -31.7%

  £1,355,367 → £925,620

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers