law debenture corporation plc(the)

5

law debenture corporation plc(the) Company Information

Share LAW DEBENTURE CORPORATION PLC(THE)
Live 
MatureLargeHigh

Company Number

00030397

Registered Address

8th floor 100 bishopsgate, london, EC2N 4AG

Industry

Other business support service activities n.e.c.

 

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Telephone

02076065451

Next Accounts Due

June 2025

Group Structure

View All

Directors

Timothy Bond9 Years

Robert Hingley7 Years

View All

Shareholders

-0%

law debenture corporation plc(the) Estimated Valuation

£293.1m

Pomanda estimates the enterprise value of LAW DEBENTURE CORPORATION PLC(THE) at £293.1m based on a Turnover of £94.6m and 3.1x industry multiple (adjusted for size and gross margin).

law debenture corporation plc(the) Estimated Valuation

£755.1m

Pomanda estimates the enterprise value of LAW DEBENTURE CORPORATION PLC(THE) at £755.1m based on an EBITDA of £48.8m and a 15.46x industry multiple (adjusted for size and gross margin).

law debenture corporation plc(the) Estimated Valuation

£2b

Pomanda estimates the enterprise value of LAW DEBENTURE CORPORATION PLC(THE) at £2b based on Net Assets of £854.2m and 2.3x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Law Debenture Corporation Plc(the) Overview

Law Debenture Corporation Plc(the) is a live company located in london, EC2N 4AG with a Companies House number of 00030397. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in December 1889, it's largest shareholder is unknown. Law Debenture Corporation Plc(the) is a mature, large sized company, Pomanda has estimated its turnover at £94.6m with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Law Debenture Corporation Plc(the) Health Check

Pomanda's financial health check has awarded Law Debenture Corporation Plc(The) a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

2 Regular

positive_score

1 Weak

size

Size

annual sales of £94.6m, make it larger than the average company (£5m)

£94.6m - Law Debenture Corporation Plc(the)

£5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (5.7%)

18% - Law Debenture Corporation Plc(the)

5.7% - Industry AVG

production

Production

with a gross margin of 91.3%, this company has a lower cost of product (48.5%)

91.3% - Law Debenture Corporation Plc(the)

48.5% - Industry AVG

profitability

Profitability

an operating margin of 49.3% make it more profitable than the average company (7.4%)

49.3% - Law Debenture Corporation Plc(the)

7.4% - Industry AVG

employees

Employees

with 485 employees, this is above the industry average (21)

485 - Law Debenture Corporation Plc(the)

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.6k, the company has an equivalent pay structure (£68.4k)

£55.6k - Law Debenture Corporation Plc(the)

£68.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £195.1k, this is equally as efficient (£200.8k)

£195.1k - Law Debenture Corporation Plc(the)

£200.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (36 days)

93 days - Law Debenture Corporation Plc(the)

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 104 days, this is slower than average (33 days)

104 days - Law Debenture Corporation Plc(the)

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Law Debenture Corporation Plc(the)

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (29 weeks)

45 weeks - Law Debenture Corporation Plc(the)

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.6%, this is a lower level of debt than the average (60.2%)

19.6% - Law Debenture Corporation Plc(the)

60.2% - Industry AVG

LAW DEBENTURE CORPORATION PLC(THE) financials

EXPORTms excel logo

Law Debenture Corporation Plc(The)'s latest turnover from December 2023 is £94.6 million and the company has net assets of £854.2 million. According to their latest financial statements, we estimate that Law Debenture Corporation Plc(The) has 485 employees and maintains cash reserves of £31.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover94,613,00089,029,00076,323,00057,143,00066,742,00057,107,00052,967,00051,740,00049,710,00049,590,00047,848,00044,397,00045,614,00043,244,00047,312,000
Other Income Or Grants000000000000000
Cost Of Sales8,255,0008,408,0008,037,0004,405,0005,026,0003,668,00026,037,9553,565,0003,461,0005,291,0004,744,0003,761,0004,313,0006,184,00011,521,000
Gross Profit86,358,00080,621,00068,286,00052,738,00061,716,00053,439,00026,929,04548,175,00046,249,00044,299,00043,104,00040,636,00041,301,00037,060,00035,791,000
Admin Expenses39,708,00034,332,00031,680,00024,761,00022,722,00022,386,000-4,840,95523,807,00020,411,00020,231,00019,539,00018,638,00018,643,00017,368,00015,840,000
Operating Profit46,650,00046,289,00036,606,00027,977,00038,994,00031,053,00031,770,00024,368,00025,838,00024,068,00023,565,00021,998,00022,658,00019,692,00019,951,000
Interest Payable1,635,0001,636,0001,319,0001,320,0001,319,0004,617,0004,785,0005,542,0003,632,0002,896,0002,736,0002,450,0004,217,0002,452,0002,451,000
Interest Receivable00000480,000139,0000125,00088,00061,000140,0002,135,00046,000117,000
Pre-Tax Profit45,015,00044,653,00035,287,00026,657,00037,675,00026,436,00026,985,00018,826,00022,206,00021,172,00020,829,00019,548,00020,208,00017,240,00017,500,000
Tax-1,626,000-1,392,000-1,210,000-1,178,000-1,420,000-1,318,000-1,391,00017,000-847,000-1,199,000-1,679,000-1,753,000-1,977,000-1,679,000-2,243,000
Profit After Tax43,389,00043,261,00034,077,00025,479,00036,255,00025,118,00025,594,00018,843,00021,359,00019,973,00019,150,00017,795,00018,231,00015,561,00015,257,000
Dividends Paid29,957,00011,276,00034,923,00046,072,0007,813,0007,090,00020,081,00019,122,00019,118,00017,911,00016,768,00015,873,00015,270,00014,308,00014,291,000
Retained Profit13,432,00031,985,000-846,000-20,593,00028,442,00018,028,0005,513,000-279,0002,241,0002,062,0002,382,0001,922,0002,961,0001,253,000966,000
Employee Costs26,960,00023,995,00021,734,00016,477,00015,066,00013,964,00012,330,00012,717,00012,426,00012,587,00012,201,00011,682,00011,572,0008,987,0009,431,000
Number Of Employees485482222152133123120115120120117115109109114
EBITDA*48,836,00048,223,00037,316,00028,073,00039,153,00031,231,00031,932,00024,500,00025,962,00024,373,00023,918,00022,361,00022,898,00019,909,00020,283,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets982,373,000907,601,0001,006,571,000819,569,000826,137,000665,204,000736,915,000697,553,000622,643,000602,259,000596,155,000480,901,000424,780,000442,398,000374,403,000
Intangible Assets26,171,00027,493,00022,489,0002,533,0002,034,0002,138,0002,081,0002,038,0002,272,0002,260,0002,390,0002,545,0002,417,0002,329,0002,314,000
Investments & Other965,226,000891,005,000999,055,000813,068,000825,016,000662,593,000735,872,000696,080,000621,613,000600,894,000595,173,000479,521,000423,044,000441,337,000373,066,000
Debtors (Due After 1 year)7,440,0007,400,0000000000000000
Total Fixed Assets1,001,104,000927,694,0001,029,060,000822,102,000828,171,000667,342,000738,996,000699,591,000624,915,000604,519,000598,545,000483,446,000427,197,000444,727,000376,717,000
Stock & work in progress000000000000000
Trade Debtors24,304,00023,622,00018,654,00016,129,0007,213,0006,925,0006,417,0006,680,0007,073,0007,491,0006,787,0004,244,0004,940,0006,731,0003,135,000
Group Debtors006,611,0005,994,00000000000000
Misc Debtors5,796,0003,257,0001,812,000535,00000000000000
Cash31,439,00049,559,00035,880,00041,762,00071,236,000124,148,000134,011,00094,804,00060,301,00050,321,00049,688,00022,201,00018,063,00020,030,00018,688,000
misc current assets00006,438,0005,768,0005,003,0004,603,0004,888,0004,679,0004,963,0005,980,0006,246,0003,797,0005,280,000
total current assets61,539,00076,438,00062,957,00064,420,00084,887,000136,841,000145,431,000106,087,00072,262,00062,491,00061,438,00032,425,00029,249,00030,558,00027,103,000
total assets1,062,643,0001,004,132,0001,092,017,000886,522,000913,058,000804,183,000884,427,000805,678,000697,177,000667,010,000659,983,000515,871,000456,446,000475,285,000403,820,000
Bank overdraft00000000026,548,00026,793,0000077,00076,000
Bank loan000000000000000
Trade Creditors 2,365,0005,880,0008,527,0007,691,00013,010,00011,888,00011,649,00013,346,00013,816,00013,012,00012,071,00010,745,00011,674,00011,446,0007,893,000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments1,025,000991,000287,0000730,0000000000000
other current liabilities32,228,00023,306,00028,890,00025,179,0006,958,0004,787,0004,811,0006,299,0005,851,0005,272,0005,665,0005,582,0005,754,0005,679,0005,817,000
total current liabilities35,618,00030,177,00037,704,00032,870,00020,698,00016,675,00016,460,00019,645,00019,667,00044,832,00044,529,00016,327,00017,428,00017,202,00013,786,000
loans337,210,000339,136,000340,724,000239,614,000229,014,000228,224,000228,136,000228,048,000227,960,00078,944,00078,890,00078,836,00078,782,00078,728,00078,676,000
hp & lease commitments4,716,0005,659,0006,117,0005,606,000350,0000000000000
Accruals and Deferred Income004,054,0004,011,0002,463,0003,796,0003,974,0004,318,0004,810,0005,245,0005,848,0006,035,0005,563,0005,277,0006,366,000
other liabilities2,403,0003,976,00002,840,00000000000000
provisions3,576,0002,688,0002,120,0000236,000472,0003,334,00010,812,0002,800,0006,500,0002,178,0004,454,0006,276,0001,752,0003,856,000
total long term liabilities172,796,000174,888,000175,476,000126,658,000117,088,000118,144,000119,709,000123,748,000120,190,00047,967,00046,382,00047,680,00048,092,00045,517,00047,632,000
total liabilities208,414,000205,065,000213,180,000159,528,000137,786,000134,819,000136,169,000143,393,000139,857,00092,799,00090,911,00064,007,00065,520,00062,719,00061,418,000
net assets854,229,000799,067,000878,837,000726,994,000775,272,000669,364,000748,258,000662,285,000557,320,000574,211,000569,072,000451,864,000390,926,000412,566,000342,402,000
total shareholders funds854,229,000799,067,000878,837,000726,994,000775,272,000669,364,000748,258,000662,285,000557,320,000574,211,000569,072,000451,864,000390,926,000412,566,000342,402,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit46,650,00046,289,00036,606,00027,977,00038,994,00031,053,00031,770,00024,368,00025,838,00024,068,00023,565,00021,998,00022,658,00019,692,00019,951,000
Depreciation403,000328,000220,00037,00055,00093,000101,000112,00094,000120,000154,000149,000164,000122,000271,000
Amortisation1,783,0001,606,000490,00059,000104,00085,00061,00020,00030,000185,000199,000214,00076,00095,00061,000
Tax-1,626,000-1,392,000-1,210,000-1,178,000-1,420,000-1,318,000-1,391,00017,000-847,000-1,199,000-1,679,000-1,753,000-1,977,000-1,679,000-2,243,000
Stock000000000000000
Debtors3,261,0007,202,0004,419,00015,445,000288,000508,000-263,000-393,000-418,000704,0002,543,000-696,000-1,791,0003,596,0003,135,000
Creditors-3,515,000-2,647,000836,000-5,319,0001,122,000239,000-1,697,000-470,000804,000941,0001,326,000-929,000228,0003,553,0007,893,000
Accruals and Deferred Income8,922,000-9,638,0003,754,00019,769,000838,000-202,000-1,832,000-44,000144,000-996,000-104,000300,000361,000-1,227,00012,183,000
Deferred Taxes & Provisions888,000568,0002,120,000-236,000-236,000-2,862,000-7,478,0008,012,000-3,700,0004,322,000-2,276,000-1,822,0004,524,000-2,104,0003,856,000
Cash flow from operations50,244,00027,912,00038,397,00025,664,00039,169,00026,580,00019,797,00032,408,00022,781,00026,737,00018,642,00018,853,00027,825,00014,856,00038,837,000
Investing Activities
capital expenditure-75,636,00092,032,000-207,668,0005,973,000-160,988,00071,476,000-39,567,000-74,808,000-20,520,000-6,279,000-115,452,000-56,612,00017,290,000-68,227,000-377,049,000
Change in Investments74,221,000-108,050,000185,987,000-11,948,000162,423,000-73,279,00039,792,00074,467,00020,719,0005,721,000115,652,00056,477,000-18,293,00068,271,000373,066,000
cash flow from investments-149,857,000200,082,000-393,655,00017,921,000-323,411,000144,755,000-79,359,000-149,275,000-41,239,000-12,000,000-231,104,000-113,089,00035,583,000-136,498,000-750,115,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-1,926,000-1,588,000101,110,00010,600,000790,00088,00088,00088,000149,016,00054,00054,00054,00054,00052,00078,676,000
Hire Purchase and Lease Commitments-909,000246,000798,0004,526,0001,080,0000000000000
other long term liabilities-1,573,0003,976,000-2,840,0002,840,00000000000000
share issue41,730,000-111,755,000152,689,000-27,685,00077,466,000-96,922,00080,460,000105,244,000-19,132,0003,077,000114,826,00059,016,000-24,601,00068,911,000341,436,000
interest-1,635,000-1,636,000-1,319,000-1,320,000-1,319,000-4,137,000-4,646,000-5,542,000-3,507,000-2,808,000-2,675,000-2,310,000-2,082,000-2,406,000-2,334,000
cash flow from financing35,687,000-110,757,000250,438,000-11,039,00078,017,000-100,971,00075,902,00099,790,000126,377,000323,000112,205,00056,760,000-26,629,00066,557,000417,778,000
cash and cash equivalents
cash-18,120,00013,679,000-5,882,000-29,474,000-52,912,000-9,863,00039,207,00034,503,0009,980,000633,00027,487,0004,138,000-1,967,0001,342,00018,688,000
overdraft00000000-26,548,000-245,00026,793,0000-77,0001,00076,000
change in cash-18,120,00013,679,000-5,882,000-29,474,000-52,912,000-9,863,00039,207,00034,503,00036,528,000878,000694,0004,138,000-1,890,0001,341,00018,612,000

law debenture corporation plc(the) Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for law debenture corporation plc(the). Get real-time insights into law debenture corporation plc(the)'s credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Law Debenture Corporation Plc(the) Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for law debenture corporation plc(the) by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC2N area or any other competitors across 12 key performance metrics.

law debenture corporation plc(the) directors

Law Debenture Corporation Plc(The) currently has 10 directors. The longest serving directors include Mr Timothy Bond (Apr 2015) and Mr Robert Hingley (Oct 2017).

officercountryagestartendrole
Mr Timothy BondEngland61 years Apr 2015- Director
Mr Robert Hingley64 years Oct 2017- Director
Mr Denis JacksonUnited Kingdom58 years Jan 2018- Director
Ms Claire FinnEngland51 years Sep 2019- Director
Miss Patricia HoustonUnited Kingdom44 years Sep 2020- Director
Ms Clare AskemUnited Kingdom55 years Jun 2021- Director
Mrs Clare Askem55 years Jun 2021- Director
Mr Parwinder PurewalEngland65 years Dec 2021- Director
Mr James RickardsUnited Kingdom47 years Apr 2022- Director
Mr Maarten SlendebroekUnited Kingdom63 years Jan 2024- Director

P&L

December 2023

turnover

94.6m

+6%

operating profit

46.7m

+1%

gross margin

91.3%

+0.79%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

854.2m

+0.07%

total assets

1.1b

+0.06%

cash

31.4m

-0.37%

net assets

Total assets minus all liabilities

law debenture corporation plc(the) company details

company number

00030397

Type

Public limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

December 1889

age

135

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

DELOITTE LLP

address

8th floor 100 bishopsgate, london, EC2N 4AG

Bank

NATIONAL WESTMINISTER BANK PLC

Legal Advisor

-

law debenture corporation plc(the) Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 11 charges/mortgages relating to law debenture corporation plc(the). Currently there are 4 open charges and 7 have been satisfied in the past.

charges

law debenture corporation plc(the) Companies House Filings - See Documents

datedescriptionview/download