eversheds sutherland legal services limited
eversheds sutherland legal services limited Company Information
Company Number
02300692
Next Accounts
Jan 2025
Industry
Other business support service activities n.e.c.
Shareholders
eversheds llp
Group Structure
View All
Contact
Registered Address
2 new bailey, 6 stanley street, salford, greater manchester, M3 5GS
eversheds sutherland legal services limited Estimated Valuation
Pomanda estimates the enterprise value of EVERSHEDS SUTHERLAND LEGAL SERVICES LIMITED at £143.4m based on a Turnover of £210.2m and 0.68x industry multiple (adjusted for size and gross margin).
eversheds sutherland legal services limited Estimated Valuation
Pomanda estimates the enterprise value of EVERSHEDS SUTHERLAND LEGAL SERVICES LIMITED at £48.6m based on an EBITDA of £10m and a 4.85x industry multiple (adjusted for size and gross margin).
eversheds sutherland legal services limited Estimated Valuation
Pomanda estimates the enterprise value of EVERSHEDS SUTHERLAND LEGAL SERVICES LIMITED at £57m based on Net Assets of £24.1m and 2.37x industry multiple (adjusted for liquidity).
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Eversheds Sutherland Legal Services Limited Overview
Eversheds Sutherland Legal Services Limited is a live company located in salford, M3 5GS with a Companies House number of 02300692. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 1988, it's largest shareholder is eversheds llp with a 100% stake. Eversheds Sutherland Legal Services Limited is a mature, mega sized company, Pomanda has estimated its turnover at £210.2m with healthy growth in recent years.
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Eversheds Sutherland Legal Services Limited Health Check
Pomanda's financial health check has awarded Eversheds Sutherland Legal Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
5 Weak
Size
annual sales of £210.2m, make it larger than the average company (£3.7m)
£210.2m - Eversheds Sutherland Legal Services Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.4%)
7% - Eversheds Sutherland Legal Services Limited
4.4% - Industry AVG
Production
with a gross margin of 4.8%, this company has a higher cost of product (38.1%)
4.8% - Eversheds Sutherland Legal Services Limited
38.1% - Industry AVG
Profitability
an operating margin of 4.8% make it less profitable than the average company (6.3%)
4.8% - Eversheds Sutherland Legal Services Limited
6.3% - Industry AVG
Employees
with 2590 employees, this is above the industry average (23)
2590 - Eversheds Sutherland Legal Services Limited
23 - Industry AVG
Pay Structure
on an average salary of £69.2k, the company has a higher pay structure (£48.3k)
£69.2k - Eversheds Sutherland Legal Services Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £81.2k, this is less efficient (£152.6k)
£81.2k - Eversheds Sutherland Legal Services Limited
£152.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Eversheds Sutherland Legal Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
0 days - Eversheds Sutherland Legal Services Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Eversheds Sutherland Legal Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (25 weeks)
33 weeks - Eversheds Sutherland Legal Services Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.6%, this is a lower level of debt than the average (62.1%)
52.6% - Eversheds Sutherland Legal Services Limited
62.1% - Industry AVG
EVERSHEDS SUTHERLAND LEGAL SERVICES LIMITED financials
Eversheds Sutherland Legal Services Limited's latest turnover from April 2023 is £210.2 million and the company has net assets of £24.1 million. According to their latest financial statements, Eversheds Sutherland Legal Services Limited has 2,590 employees and maintains cash reserves of £17.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 210,214,000 | 197,829,000 | 184,209,682 | 172,638,246 | 164,591,574 | 148,325,703 | 140,517,108 | 134,875,256 | 125,184,076 | 123,568,444 | 120,481,706 | 118,936,064 | 121,216,769 | 123,295,495 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 200,204,000 | 188,409,000 | 175,437,792 | 164,374,020 | 156,753,880 | 141,262,574 | 133,825,817 | 128,452,625 | 119,222,929 | 120,521,813 | 118,633,683 | 118,936,064 | 121,216,769 | 123,295,495 |
| Gross Profit | 10,010,000 | 9,420,000 | 8,771,890 | 8,264,226 | 7,837,694 | 7,063,129 | 6,691,291 | 6,422,631 | 5,961,147 | 3,046,631 | 1,848,023 | 0 | 0 | 0 |
| Admin Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 270 | 0 | |||
| Operating Profit | 10,010,000 | 9,420,000 | 8,771,890 | 8,264,226 | 7,837,694 | 7,063,129 | 6,691,291 | 6,422,631 | 5,961,147 | 3,046,361 | 1,848,023 | |||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 10,010,000 | 9,420,000 | 8,771,890 | 8,264,226 | 7,837,694 | 7,063,129 | 6,691,291 | 6,422,631 | 5,961,147 | 3,046,631 | 0 | 0 | 0 | 0 |
| Tax | -1,965,000 | -2,205,000 | -1,751,673 | -1,573,951 | -1,474,678 | -1,400,062 | -1,291,639 | -1,240,424 | 113,463 | -695,716 | 0 | 0 | 0 | 0 |
| Profit After Tax | 8,045,000 | 7,215,000 | 7,020,217 | 6,690,275 | 6,363,016 | 5,663,067 | 5,399,652 | 5,182,207 | 6,074,610 | 2,350,915 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 6,690,274 | 2,863,016 | 663,067 | 5,399,652 | 4,755,576 | 6,130,731 | 2,350,915 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 8,045,000 | 7,215,000 | 329,943 | 3,827,259 | 5,699,949 | 263,415 | 644,076 | -948,524 | 3,723,695 | 2,350,915 | 0 | 0 | 0 | 0 |
| Employee Costs | 179,148,000 | 166,002,000 | 154,931,780 | 145,077,929 | 138,441,003 | 125,811,632 | 119,872,153 | 113,592,904 | 107,501,337 | 107,604,139 | 110,039,097 | 109,156,276 | 108,356,207 | 109,635,925 |
| Number Of Employees | 2,590 | 2,589 | 2,399 | 2,436 | 2,369 | 2,218 | 2,171 | 2,133 | 2,028 | 2,021 | 2,112 | 2,189 | 2,377 | 2,415 |
| EBITDA* | 10,010,000 | 9,420,000 | 8,771,890 | 8,264,226 | 7,837,694 | 7,063,129 | 6,691,291 | 6,422,631 | 5,961,147 | 3,046,361 | 1,848,023 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 24,000 | 24,000 | 23,613 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 24,000 | 24,000 | 23,613 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 30,891,000 | 32,331,000 | 34,592,508 | 21,469,483 | 21,244,673 | 21,628,840 | 18,229,439 | 17,704,246 | 19,464,158 | 16,556,043 | 14,154,035 | 14,149,653 | 11,997,076 | 10,892,996 |
| Misc Debtors | 2,702,000 | 507,000 | 9,755 | 239,750 | 290,083 | 452,056 | 1,119,444 | 1,096,196 | 903,613 | 1,816,679 | 1,510,339 | 1,244,010 | 997,815 | 1,050,124 |
| Cash | 17,119,000 | 17,500,000 | 10,467,966 | 8,501,773 | 5,005,987 | 4,409 | 0 | 720 | 513,472 | 0 | 13,196 | 0 | 48,583 | 580,501 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 50,712,000 | 50,338,000 | 45,070,229 | 30,211,006 | 26,540,743 | 22,085,305 | 19,348,883 | 18,801,162 | 20,881,243 | 18,372,722 | 15,677,570 | 15,393,663 | 13,043,474 | 12,523,621 |
| total assets | 50,736,000 | 50,362,000 | 45,093,842 | 30,211,006 | 26,540,743 | 22,085,305 | 19,348,883 | 18,801,162 | 20,881,243 | 18,372,722 | 15,677,570 | 15,393,663 | 13,043,474 | 12,523,621 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 19,102 | 0 | 0 | 37,137 | 0 | 37,217 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 19,000 | 19,000 | 29,601 | 29,132 | 41,355 | 51,474 | 373,120 | 674,959 | 737,264 | 1,170,881 | 487,515 | 1,007,781 | 341,767 | 101,813 |
| Group/Directors Accounts | 3,721,000 | 4,122,000 | 3,471,559 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 22,934,000 | 22,989,000 | 25,575,833 | 14,494,968 | 14,639,741 | 15,874,133 | 13,060,378 | 12,873,996 | 13,943,248 | 14,687,668 | 15,063,935 | 14,222,545 | 12,575,587 | 12,295,688 |
| total current liabilities | 26,674,000 | 27,130,000 | 29,076,993 | 14,524,100 | 14,681,096 | 15,925,607 | 13,452,600 | 13,548,955 | 14,680,512 | 15,895,686 | 15,551,450 | 15,267,543 | 12,917,354 | 12,397,501 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 26,674,000 | 27,130,000 | 29,076,993 | 14,524,100 | 14,681,096 | 15,925,607 | 13,452,600 | 13,548,955 | 14,680,512 | 15,895,686 | 15,551,450 | 15,267,543 | 12,917,354 | 12,397,501 |
| net assets | 24,062,000 | 23,232,000 | 16,016,849 | 15,686,906 | 11,859,647 | 6,159,698 | 5,896,283 | 5,252,207 | 6,200,731 | 2,477,036 | 126,120 | 126,120 | 126,120 | 126,120 |
| total shareholders funds | 24,062,000 | 23,232,000 | 16,016,849 | 15,686,906 | 11,859,647 | 6,159,698 | 5,896,283 | 5,252,207 | 6,200,731 | 2,477,036 | 126,120 | 126,120 | 126,120 | 126,120 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 10,010,000 | 9,420,000 | 8,771,890 | 8,264,226 | 7,837,694 | 7,063,129 | 6,691,291 | 6,422,631 | 5,961,147 | 3,046,361 | 1,848,023 | |||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,965,000 | -2,205,000 | -1,751,673 | -1,573,951 | -1,474,678 | -1,400,062 | -1,291,639 | -1,240,424 | 113,463 | -695,716 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 755,000 | -1,764,263 | 12,893,030 | 174,477 | -546,140 | 2,732,013 | 548,441 | -1,567,329 | 1,995,049 | 2,708,348 | 270,711 | 2,398,772 | 1,051,771 | 11,943,120 |
| Creditors | 0 | -10,601 | 469 | -12,223 | -10,119 | -321,646 | -301,839 | -62,305 | -433,617 | 683,366 | -520,266 | 666,014 | 239,954 | 101,813 |
| Accruals and Deferred Income | -55,000 | -2,586,833 | 11,080,865 | -144,773 | -1,234,392 | 2,813,755 | 186,382 | -1,069,252 | -744,420 | -376,267 | 841,390 | 1,646,958 | 279,899 | 12,295,688 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 7,235,000 | 6,381,829 | 5,208,521 | 6,358,802 | 5,664,645 | 5,423,163 | 4,735,754 | 5,617,979 | 2,901,524 | -50,604 | 1,898,436 | |||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 387 | 23,613 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -401,000 | 650,441 | 3,471,559 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | -7,616,000 | 650,592 | 3,471,559 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 126,120 | |
| cash and cash equivalents | ||||||||||||||
| cash | -381,000 | 7,032,034 | 1,966,193 | 3,495,786 | 5,001,578 | 4,409 | -720 | -512,752 | 513,472 | -13,196 | 13,196 | -48,583 | -531,918 | 580,501 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -19,102 | 19,102 | 0 | -37,137 | 37,137 | -37,217 | 37,217 | 0 | 0 |
| change in cash | -381,000 | 7,032,034 | 1,966,193 | 3,495,786 | 5,001,578 | 23,511 | -19,822 | -512,752 | 550,609 | -50,333 | 50,413 | -85,800 | -531,918 | 580,501 |
eversheds sutherland legal services limited Credit Report and Business Information
Eversheds Sutherland Legal Services Limited Competitor Analysis
Perform a competitor analysis for eversheds sutherland legal services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in M 3 area or any other competitors across 12 key performance metrics.
eversheds sutherland legal services limited Ownership
EVERSHEDS SUTHERLAND LEGAL SERVICES LIMITED group structure
Eversheds Sutherland Legal Services Limited has no subsidiary companies.
Ultimate parent company
1 parent
EVERSHEDS SUTHERLAND LEGAL SERVICES LIMITED
02300692
eversheds sutherland legal services limited directors
Eversheds Sutherland Legal Services Limited currently has 2 directors. The longest serving directors include Lee Ranson (Feb 2009) and Mr Keith Froud (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Lee Ranson | 60 years | Feb 2009 | - | Director | |
| Mr Keith Froud | United Kingdom | 54 years | May 2017 | - | Director |
P&L
April 2023turnover
210.2m
+6%
operating profit
10m
+6%
gross margin
4.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
24.1m
+0.04%
total assets
50.7m
+0.01%
cash
17.1m
-0.02%
net assets
Total assets minus all liabilities
eversheds sutherland legal services limited company details
company number
02300692
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 1988
age
37
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2023
previous names
eversheds legal services limited (February 2017)
pandaoak limited (December 1988)
accountant
-
auditor
RSM UK AUDIT LLP
address
2 new bailey, 6 stanley street, salford, greater manchester, M3 5GS
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
eversheds sutherland legal services limited 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 did not find charges/mortgages relating to eversheds sutherland legal services limited.
eversheds sutherland legal services limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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eversheds sutherland legal services limited Companies House Filings - See Documents
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