blackstone chambers limited Company Information
Company Number
03526717
Website
www.blackstonechambers.comRegistered Address
wilmington house, high street, east grinstead, west sussex, RH19 3AU
Industry
Barristers at law
Telephone
02078227325
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
jane suzanne mulcahy 20%
tom weisselberg 20%
View Allblackstone chambers limited Estimated Valuation
Pomanda estimates the enterprise value of BLACKSTONE CHAMBERS LIMITED at £10.1m based on a Turnover of £11.2m and 0.9x industry multiple (adjusted for size and gross margin).
blackstone chambers limited Estimated Valuation
Pomanda estimates the enterprise value of BLACKSTONE CHAMBERS LIMITED at £2.5m based on an EBITDA of £538.3k and a 4.65x industry multiple (adjusted for size and gross margin).
blackstone chambers limited Estimated Valuation
Pomanda estimates the enterprise value of BLACKSTONE CHAMBERS LIMITED at £2.3m based on Net Assets of £1.5m and 1.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Blackstone Chambers Limited Overview
Blackstone Chambers Limited is a live company located in east grinstead, RH19 3AU with a Companies House number of 03526717. It operates in the barristers at law sector, SIC Code 69101. Founded in March 1998, it's largest shareholder is jane suzanne mulcahy with a 20% stake. Blackstone Chambers Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11.2m with rapid growth in recent years.
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Blackstone Chambers Limited Health Check
Pomanda's financial health check has awarded Blackstone Chambers Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
2 Strong
![positive_score](/assets/images/scoreRate1.png)
6 Regular
![positive_score](/assets/images/scoreRate0.png)
3 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £11.2m, make it larger than the average company (£8m)
£11.2m - Blackstone Chambers Limited
£8m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (2.9%)
- Blackstone Chambers Limited
2.9% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
38.1% - Blackstone Chambers Limited
38.1% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -1.6% make it less profitable than the average company (3.3%)
-1.6% - Blackstone Chambers Limited
3.3% - Industry AVG
![employees](/assets/images/scoreRate1.png)
Employees
with 38 employees, this is similar to the industry average (38)
38 - Blackstone Chambers Limited
38 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £122.6k, the company has an equivalent pay structure (£120k)
£122.6k - Blackstone Chambers Limited
£120k - Industry AVG
![efficiency](/assets/images/scoreRate1.png)
Efficiency
resulting in sales per employee of £296k, this is equally as efficient (£296k)
£296k - Blackstone Chambers Limited
£296k - Industry AVG
![debtordays](/assets/images/scoreRate1.png)
Debtor Days
it gets paid by customers after 76 days, this is near the average (70 days)
76 days - Blackstone Chambers Limited
70 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 70 days, this is quicker than average (665 days)
70 days - Blackstone Chambers Limited
665 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Blackstone Chambers Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (33 weeks)
21 weeks - Blackstone Chambers Limited
33 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate1.png)
Debt Level
it has a ratio of liabilities to total assets of 89.4%, this is a similar level of debt than the average (88.9%)
89.4% - Blackstone Chambers Limited
88.9% - Industry AVG
BLACKSTONE CHAMBERS LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Blackstone Chambers Limited's latest turnover from March 2023 is £11.2 million and the company has net assets of £1.5 million. According to their latest financial statements, Blackstone Chambers Limited has 38 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 11,246,219 | 11,273,935 | ||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | -176,619 | 1,048,080 | ||||||||||||
Interest Payable | 265,055 | 251,331 | ||||||||||||
Interest Receivable | 0 | 0 | ||||||||||||
Pre-Tax Profit | -441,674 | 796,749 | ||||||||||||
Tax | -56,089 | -250,286 | ||||||||||||
Profit After Tax | -497,763 | 546,463 | ||||||||||||
Dividends Paid | 0 | 0 | ||||||||||||
Retained Profit | -497,763 | 546,463 | ||||||||||||
Employee Costs | 4,659,743 | 4,106,000 | ||||||||||||
Number Of Employees | 38 | 35 | 34 | 33 | 33 | 33 | ||||||||
EBITDA* | 538,278 | 1,485,683 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 7,224,316 | 7,024,302 | 2,830,623 | 1,239,122 | 1,345,793 | 1,069,772 | 746,770 | 937,977 | 961,586 | 950,732 | 1,287,959 | 1,637,319 | 1,795,081 | 2,026,743 |
Intangible Assets | 1 | 1 | 1 | 1 | 1 | 28,009 | 56,017 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 37,396 | 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 | 7,224,317 | 7,024,303 | 2,830,624 | 1,276,519 | 1,345,794 | 1,097,781 | 802,787 | 937,977 | 961,586 | 950,732 | 1,287,959 | 1,637,319 | 1,795,081 | 2,026,743 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 2,368,272 | 2,179,052 | 2,414,067 | 1,490,121 | 1,411,354 | 1,432,697 | 1,689,815 | 2,172,349 | 1,848,509 | 1,892,497 | 2,218,352 | 2,292,960 | 2,258,140 | 1,509,611 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,396,517 | 1,419,049 | 1,023,257 | 764,095 | 689,281 | 847,791 | 529,150 | 450,038 | 469,718 | 0 | 0 | 0 | 0 | 0 |
Cash | 2,853,146 | 2,627,705 | 9,419,239 | 7,191,061 | 1,710,610 | 1,824,192 | 2,319,780 | 2,273,485 | 1,302,674 | 1,547,918 | 1,637,295 | 257,762 | 459,557 | 564,790 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 6,617,935 | 6,225,806 | 12,856,563 | 9,445,277 | 3,811,245 | 4,104,680 | 4,538,745 | 4,895,872 | 3,620,901 | 3,440,415 | 3,855,647 | 2,550,722 | 2,717,697 | 2,074,401 |
total assets | 13,842,252 | 13,250,109 | 15,687,187 | 10,721,796 | 5,157,039 | 5,202,461 | 5,341,532 | 5,833,849 | 4,582,487 | 4,391,147 | 5,143,606 | 4,188,041 | 4,512,778 | 4,101,144 |
Bank overdraft | 948,688 | 840,174 | 572,796 | 380,410 | 0 | 70,000 | 616,773 | 659,728 | 634,660 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,343,818 | 383,589 | 5,397,675 | 3,903,900 | 1,688,972 | 1,116,956 | 1,158,522 | 1,974,725 | 980,742 | 4,131,049 | 4,014,792 | 2,561,071 | 2,873,083 | 2,252,470 |
Group/Directors Accounts | 0 | 0 | 0 | 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 | 4,496,951 | 3,881,676 | 3,330,262 | 3,025,018 | 2,504,487 | 2,648,863 | 2,772,126 | 2,905,410 | 2,546,199 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 6,789,457 | 5,105,439 | 9,300,733 | 7,309,328 | 4,193,459 | 3,835,819 | 4,547,421 | 5,539,863 | 4,161,601 | 4,131,049 | 4,014,792 | 2,561,071 | 2,873,083 | 2,252,470 |
loans | 5,052,761 | 5,699,839 | 4,737,073 | 2,879,590 | 0 | 0 | 0 | 543,523 | 1,194,995 | 1,326,879 | 1,726,434 | 2,099,389 | 2,145,822 | 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 | 2,396,610 |
provisions | 533,733 | 480,767 | 231,780 | 0 | 23,006 | 35,920 | 0 | 0 | 0 | 0 | 0 | 0 | 14,014 | 34,910 |
total long term liabilities | 5,586,494 | 6,180,606 | 4,968,853 | 2,879,590 | 23,006 | 35,920 | 0 | 543,523 | 1,194,995 | 1,326,879 | 1,726,434 | 2,099,389 | 2,159,836 | 2,431,520 |
total liabilities | 12,375,951 | 11,286,045 | 14,269,586 | 10,188,918 | 4,216,465 | 3,871,739 | 4,547,421 | 6,083,386 | 5,356,596 | 5,457,928 | 5,741,226 | 4,660,460 | 5,032,919 | 4,683,990 |
net assets | 1,466,301 | 1,964,064 | 1,417,601 | 532,878 | 940,574 | 1,330,722 | 794,111 | -249,537 | -774,109 | -1,066,781 | -597,620 | -472,419 | -520,141 | -582,846 |
total shareholders funds | 1,466,301 | 1,964,064 | 1,417,601 | 532,878 | 940,574 | 1,330,722 | 794,111 | -249,537 | -774,109 | -1,066,781 | -597,620 | -472,419 | -520,141 | -582,846 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | -176,619 | 1,048,080 | ||||||||||||
Depreciation | 714,897 | 437,603 | 508,675 | 440,576 | 240,828 | 324,435 | 259,760 | 263,934 | 372,945 | 397,615 | 386,707 | 393,053 | 455,006 | 487,545 |
Amortisation | 0 | 0 | 0 | 0 | 28,008 | 56,017 | 28,008 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -56,089 | -250,286 | ||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 166,688 | 160,777 | 1,183,108 | 153,581 | -179,854 | 61,524 | -403,422 | 304,160 | 425,730 | -325,855 | -74,608 | 34,820 | 748,529 | 1,509,611 |
Creditors | 960,229 | -5,014,086 | 1,493,775 | 2,214,928 | 572,016 | -41,566 | -816,203 | 993,983 | -3,150,307 | 116,257 | 1,453,721 | -312,012 | 620,613 | 2,252,470 |
Accruals and Deferred Income | 615,275 | 551,414 | 305,244 | 520,531 | -144,376 | -123,263 | -133,284 | 359,211 | 2,546,199 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 52,966 | 248,987 | 231,780 | -23,006 | -12,914 | 35,920 | 0 | 0 | 0 | 0 | 0 | -14,014 | -20,896 | 34,910 |
Cash flow from operations | 1,943,971 | -3,139,065 | ||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | 0 | 0 | ||||||||||||
Change in Investments | 0 | 0 | -37,396 | 37,396 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | ||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 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 | -647,078 | 962,766 | 1,857,483 | 2,879,590 | 0 | 0 | -543,523 | -651,472 | -131,884 | -399,555 | -372,955 | -46,433 | 2,145,822 | 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 | -2,396,610 | 2,396,610 |
share issue | ||||||||||||||
interest | -265,055 | -251,331 | ||||||||||||
cash flow from financing | -912,133 | 711,435 | ||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 225,441 | -6,791,534 | 2,228,178 | 5,480,451 | -113,582 | -495,588 | 46,295 | 970,811 | -245,244 | -89,377 | 1,379,533 | -201,795 | -105,233 | 564,790 |
overdraft | 108,514 | 267,378 | 192,386 | 380,410 | -70,000 | -546,773 | -42,955 | 25,068 | 634,660 | 0 | 0 | 0 | 0 | 0 |
change in cash | 116,927 | -7,058,912 | 2,035,792 | 5,100,041 | -43,582 | 51,185 | 89,250 | 945,743 | -879,904 | -89,377 | 1,379,533 | -201,795 | -105,233 | 564,790 |
blackstone chambers limited Credit Report and Business Information
Blackstone Chambers Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for blackstone chambers limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
blackstone chambers limited Ownership
BLACKSTONE CHAMBERS LIMITED group structure
Blackstone Chambers Limited has no subsidiary companies.
Ultimate parent company
BLACKSTONE CHAMBERS LIMITED
03526717
blackstone chambers limited directors
Blackstone Chambers Limited currently has 5 directors. The longest serving directors include Mr Andrew Hunter (Nov 2013) and Mr Robert Howe (Nov 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Andrew Hunter | England | 54 years | Nov 2013 | - | Director |
Mr Robert Howe | United Kingdom | 60 years | Nov 2013 | - | Director |
Ms Jane Mulcahy | United Kingdom | 63 years | Dec 2022 | - | Director |
Mr Tom Weisselberg | England | 53 years | Dec 2022 | - | Director |
Mr James Segan | United Kingdom | 43 years | May 2023 | - | Director |
P&L
March 2023turnover
11.2m
0%
operating profit
-176.6k
-117%
gross margin
38.1%
-38.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.5m
-0.25%
total assets
13.8m
+0.04%
cash
2.9m
+0.09%
net assets
Total assets minus all liabilities
blackstone chambers limited company details
company number
03526717
Type
Private limited with Share Capital
industry
69101 - Barristers at law
incorporation date
March 1998
age
26
accounts
Full Accounts
ultimate parent company
previous names
intercede 1312 limited (March 1998)
incorporated
UK
address
wilmington house, high street, east grinstead, west sussex, RH19 3AU
last accounts submitted
March 2023
blackstone chambers 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 blackstone chambers limited.
![charges](/assets/images/company_charges.png)
blackstone chambers limited Companies House Filings - See Documents
date | description | view/download |
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