the barristers' benevolent association
the barristers' benevolent association Company Information
Company Number
05284271
Website
www.the-bba.comRegistered Address
14 grays inn square, london, WC1R 5JP
Industry
Activities of other membership organisations n.e.c.
Telephone
02072424761
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
the barristers' benevolent association Estimated Valuation
Pomanda estimates the enterprise value of THE BARRISTERS' BENEVOLENT ASSOCIATION at £522.1k based on a Turnover of £808.1k and 0.65x industry multiple (adjusted for size and gross margin).
the barristers' benevolent association Estimated Valuation
Pomanda estimates the enterprise value of THE BARRISTERS' BENEVOLENT ASSOCIATION at £1.7m based on an EBITDA of £341.2k and a 5.03x industry multiple (adjusted for size and gross margin).
the barristers' benevolent association Estimated Valuation
Pomanda estimates the enterprise value of THE BARRISTERS' BENEVOLENT ASSOCIATION at £39.2m based on Net Assets of £13.3m and 2.94x industry multiple (adjusted for liquidity).
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The Barristers' Benevolent Association Overview
The Barristers' Benevolent Association is a live company located in london, WC1R 5JP with a Companies House number of 05284271. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in November 2004, it's largest shareholder is unknown. The Barristers' Benevolent Association is a mature, small sized company, Pomanda has estimated its turnover at £808.1k with declining growth in recent years.
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The Barristers' Benevolent Association Health Check
Pomanda's financial health check has awarded The Barristers' Benevolent Association a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £808.1k, make it larger than the average company (£415.9k)
£808.1k - The Barristers' Benevolent Association
£415.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (6.5%)
-24% - The Barristers' Benevolent Association
6.5% - Industry AVG
Production
with a gross margin of 54.4%, this company has a comparable cost of product (54.4%)
54.4% - The Barristers' Benevolent Association
54.4% - Industry AVG
Profitability
an operating margin of 41.1% make it more profitable than the average company (1.4%)
41.1% - The Barristers' Benevolent Association
1.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - The Barristers' Benevolent Association
9 - Industry AVG
Pay Structure
on an average salary of £58.6k, the company has a higher pay structure (£27.6k)
£58.6k - The Barristers' Benevolent Association
£27.6k - Industry AVG
Efficiency
resulting in sales per employee of £404k, this is more efficient (£62.8k)
£404k - The Barristers' Benevolent Association
£62.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Barristers' Benevolent Association
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (28 days)
1 days - The Barristers' Benevolent Association
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Barristers' Benevolent Association
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 608 weeks, this is more cash available to meet short term requirements (215 weeks)
608 weeks - The Barristers' Benevolent Association
215 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (12%)
0.3% - The Barristers' Benevolent Association
12% - Industry AVG
THE BARRISTERS' BENEVOLENT ASSOCIATION financials
The Barristers' Benevolent Association's latest turnover from December 2023 is £808.1 thousand and the company has net assets of £13.3 million. According to their latest financial statements, The Barristers' Benevolent Association has 2 employees and maintains cash reserves of £395.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 808,097 | 986,246 | 669,024 | 1,843,440 | 569,537 | 558,859 | 501,663 | 555,495 | 813,550 | 590,148 | 511,731 | 633,320 | 693,662 | 588,891 | 729,338 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 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 | 0 |
| Pre-Tax Profit | 267,647 | 284,132 | -306,048 | 552,470 | 141,692 | -55,532 | -210,831 | -104,891 | 335,062 | 163,713 | 14,110 | 95,802 | 120,984 | -29,364 | 43,449 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 267,647 | 284,132 | -306,048 | 552,470 | 141,692 | -55,532 | -210,831 | -104,891 | 335,062 | 163,713 | 14,110 | 95,802 | 120,984 | -29,364 | 43,449 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 267,647 | 284,132 | -306,048 | 552,470 | 141,692 | -55,532 | -210,831 | -104,891 | 335,062 | 163,713 | 14,110 | 95,802 | 120,984 | -29,364 | 43,449 |
| Employee Costs | 117,192 | 113,749 | 112,467 | 112,967 | 111,233 | 135,155 | 127,358 | 121,204 | 123,669 | 131,861 | 129,262 | 128,517 | 127,684 | 130,647 | 116,692 |
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 4 | 4 | 4 | 4 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 200,915 | 208,698 | 217,498 | 226,298 | 235,098 | 231,654 | 234,958 | 241,057 | 248,519 | 266,295 | 285,364 | 280,708 | 277,974 | 285,133 | 296,378 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 9,112,448 | 8,137,333 | 8,787,936 | 8,006,913 | 7,251,194 | 6,269,823 | 6,944,203 | 6,505,791 | 5,894,048 | 4,963,972 | 4,652,097 | 4,330,639 | 7,646,316 | 7,869,910 | 7,832,703 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,313,363 | 8,346,031 | 9,005,434 | 8,233,211 | 7,486,292 | 6,501,477 | 7,179,161 | 6,746,848 | 6,142,567 | 5,230,267 | 4,937,461 | 4,611,347 | 7,924,290 | 8,155,043 | 8,129,081 |
| Stock & work in progress | 0 | 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 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 123,730 | 108,016 | 66,283 | 132,210 | 121,442 | 47,711 | 61,347 | 248,964 | 236,599 | 49,924 | 109,584 | 140,013 | 141,152 | 99,102 | 133,627 |
| Cash | 395,792 | 582,882 | 734,086 | 716,645 | 583,885 | 776,709 | 648,601 | 482,837 | 364,966 | 1,001,350 | 587,717 | 432,180 | 892,084 | 701,242 | 206,350 |
| misc current assets | 3,529,728 | 3,555,467 | 3,640,473 | 3,854,095 | 3,913,589 | 3,799,767 | 3,700,459 | 3,854,266 | 4,092,448 | 4,105,991 | 4,366,541 | 4,274,911 | 0 | 0 | 0 |
| total current assets | 4,049,250 | 4,246,365 | 4,440,842 | 4,702,950 | 4,618,916 | 4,624,187 | 4,410,407 | 4,586,067 | 4,694,013 | 5,157,265 | 5,063,842 | 4,847,104 | 1,033,236 | 800,344 | 339,977 |
| total assets | 13,362,613 | 12,592,396 | 13,446,276 | 12,936,161 | 12,105,208 | 11,125,664 | 11,589,568 | 11,332,915 | 10,836,580 | 10,387,532 | 10,001,303 | 9,458,451 | 8,957,526 | 8,955,387 | 8,469,058 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,273 | 3,326 | 2,934 | 733 | 1,106 | 2,933 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,500 |
| Group/Directors Accounts | 0 | 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 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 32,541 | 26,563 | 16,890 | 17,562 | 13,720 | 23,780 | 11,110 | 10,680 | 10,680 | 12,840 | 22,135 | 23,133 | 61,552 | 11,940 | 11,163 |
| total current liabilities | 33,814 | 29,889 | 19,824 | 18,295 | 14,826 | 26,713 | 11,110 | 10,680 | 10,680 | 12,840 | 22,135 | 23,133 | 61,552 | 11,940 | 19,663 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 0 | 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 | 0 |
| total liabilities | 33,814 | 29,889 | 19,824 | 18,295 | 14,826 | 26,713 | 11,110 | 10,680 | 10,680 | 12,840 | 22,135 | 23,133 | 61,552 | 11,940 | 19,663 |
| net assets | 13,328,799 | 12,562,507 | 13,426,452 | 12,917,866 | 12,090,382 | 11,098,951 | 11,578,458 | 11,322,235 | 10,825,900 | 10,374,692 | 9,979,168 | 9,435,318 | 8,895,974 | 8,943,447 | 8,449,395 |
| total shareholders funds | 13,328,799 | 12,562,507 | 13,426,452 | 12,917,866 | 12,090,382 | 11,098,951 | 11,578,458 | 11,322,235 | 10,825,900 | 10,374,692 | 9,979,168 | 9,435,318 | 8,895,974 | 8,943,447 | 8,449,395 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 8,845 | 8,800 | 8,800 | 8,800 | 7,116 | 6,249 | 6,099 | 7,462 | 17,776 | 19,069 | 11,342 | 9,410 | 10,519 | 11,245 | 28,896 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 15,714 | 41,733 | -65,927 | 10,768 | 73,731 | -13,636 | -187,617 | 12,365 | 186,675 | -59,660 | -30,429 | -1,139 | 42,050 | -34,525 | 133,627 |
| Creditors | -2,053 | 392 | 2,201 | -373 | -1,827 | 2,933 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,500 | 8,500 |
| Accruals and Deferred Income | 5,978 | 9,673 | -672 | 3,842 | -10,060 | 12,670 | 430 | 0 | -2,160 | -9,295 | -998 | -38,419 | 49,612 | 777 | 11,163 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 495,151 | -1,167,149 | -5,386,341 | -1,171,332 | -349,977 | |||||
| Change in Investments | 975,115 | -650,603 | 781,023 | 755,719 | 981,371 | -674,380 | 438,412 | 611,743 | 930,076 | 311,875 | 321,458 | -3,315,677 | -223,594 | 37,207 | 7,832,703 |
| cash flow from investments | -975,115 | 650,603 | -781,023 | -755,719 | -981,371 | 1,169,531 | -1,605,561 | -5,998,084 | -2,101,408 | -661,852 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 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 | 0 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 498,645 | -1,148,077 | 814,634 | 275,014 | 849,739 | -423,975 | 467,054 | 601,226 | 116,146 | 231,811 | 529,740 | 443,542 | -168,457 | 523,416 | 8,405,946 |
| cash and cash equivalents | |||||||||||||||
| cash | -187,090 | -151,204 | 17,441 | 132,760 | -192,824 | 128,108 | 165,764 | 117,871 | -636,384 | 413,633 | 155,537 | -459,904 | 190,842 | 494,892 | 206,350 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -187,090 | -151,204 | 17,441 | 132,760 | -192,824 | 128,108 | 165,764 | 117,871 | -636,384 | 413,633 | 155,537 | -459,904 | 190,842 | 494,892 | 206,350 |
the barristers' benevolent association Credit Report and Business Information
The Barristers' Benevolent Association Competitor Analysis
Perform a competitor analysis for the barristers' benevolent association by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in WC1R area or any other competitors across 12 key performance metrics.
the barristers' benevolent association Ownership
THE BARRISTERS' BENEVOLENT ASSOCIATION group structure
The Barristers' Benevolent Association has no subsidiary companies.
Ultimate parent company
THE BARRISTERS' BENEVOLENT ASSOCIATION
05284271
the barristers' benevolent association directors
The Barristers' Benevolent Association currently has 15 directors. The longest serving directors include Mr Terence Mowschenson Kc (Nov 2004) and Mr David Phillips Kc (Nov 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Terence Mowschenson Kc | England | 71 years | Nov 2004 | - | Director |
| Mr David Phillips Kc | 71 years | Nov 2004 | - | Director | |
| Ms Sara Hargreaves | 67 years | Nov 2004 | - | Director | |
| Mr Teertha Gupta Kc | 58 years | Nov 2004 | - | Director | |
| Mr Daniel Toledano | 55 years | Dec 2005 | - | Director | |
| Mr Angus McCullough Kc | England | 58 years | Feb 2006 | - | Director |
| Master Roger Eastman | 71 years | Feb 2006 | - | Director | |
| Mr Christopher Stephenson | 55 years | Apr 2006 | - | Director | |
| Mr Raymond Cox Kc | 65 years | Nov 2006 | - | Director | |
| Mr Alexander Learmonth Kc | 47 years | Mar 2012 | - | Director |
P&L
December 2023turnover
808.1k
-18%
operating profit
332.4k
0%
gross margin
54.4%
+0.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
13.3m
+0.06%
total assets
13.4m
+0.06%
cash
395.8k
-0.32%
net assets
Total assets minus all liabilities
the barristers' benevolent association company details
company number
05284271
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94990 - Activities of other membership organisations n.e.c.
incorporation date
November 2004
age
20
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
MHA
address
14 grays inn square, london, WC1R 5JP
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
WITHERS LLP
the barristers' benevolent association 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 the barristers' benevolent association.
the barristers' benevolent association Companies House Filings - See Documents
| date | description | view/download |
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