djm law limited Company Information
Company Number
06443577
Website
djm.law.co.ukRegistered Address
16 axis court, mallard way swansea vale, swansea, SA7 0AJ
Industry
Solicitors
Telephone
01792650000
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
michael price 24.7%
russell price 24.7%
View Alldjm law limited Estimated Valuation
Pomanda estimates the enterprise value of DJM LAW LIMITED at £2.4m based on a Turnover of £3.5m and 0.69x industry multiple (adjusted for size and gross margin).
djm law limited Estimated Valuation
Pomanda estimates the enterprise value of DJM LAW LIMITED at £0 based on an EBITDA of £-322.1k and a 3.47x industry multiple (adjusted for size and gross margin).
djm law limited Estimated Valuation
Pomanda estimates the enterprise value of DJM LAW LIMITED at £1.6m based on Net Assets of £884.2k and 1.77x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Djm Law Limited Overview
Djm Law Limited is a live company located in swansea, SA7 0AJ with a Companies House number of 06443577. It operates in the solicitors sector, SIC Code 69102. Founded in December 2007, it's largest shareholder is michael price with a 24.7% stake. Djm Law Limited is a established, small sized company, Pomanda has estimated its turnover at £3.5m with healthy growth in recent years.
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Djm Law Limited Health Check
Pomanda's financial health check has awarded Djm Law Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
4 Strong
![positive_score](/assets/images/scoreRate1.png)
4 Regular
![positive_score](/assets/images/scoreRate0.png)
4 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £3.5m, make it larger than the average company (£1.1m)
- Djm Law Limited
£1.1m - Industry AVG
![growth](/assets/images/scoreRate1.png)
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.1%)
- Djm Law Limited
6.1% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 68.6%, this company has a comparable cost of product (68.6%)
- Djm Law Limited
68.6% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -9.5% make it less profitable than the average company (11.3%)
- Djm Law Limited
11.3% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 55 employees, this is above the industry average (19)
55 - Djm Law Limited
19 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Djm Law Limited
£34.8k - Industry AVG
![efficiency](/assets/images/scoreRate1.png)
Efficiency
resulting in sales per employee of £63.5k, this is equally as efficient (£62.8k)
- Djm Law Limited
£62.8k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 72 days, this is later than average (57 days)
- Djm Law Limited
57 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 98 days, this is slower than average (28 days)
- Djm Law Limited
28 days - Industry AVG
![stockdays](/assets/images/scoreRate2.png)
Stock Days
it holds stock equivalent to 11 days, this is less than average (169 days)
- Djm Law Limited
169 days - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (33 weeks)
8 weeks - Djm Law Limited
33 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 60.7%, this is a higher level of debt than the average (46.4%)
60.7% - Djm Law Limited
46.4% - Industry AVG
DJM LAW LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Djm Law Limited's latest turnover from March 2023 is estimated at £3.5 million and the company has net assets of £884.2 thousand. According to their latest financial statements, Djm Law Limited has 55 employees and maintains cash reserves of £188.5 thousand 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 | 3,088,412 | 3,449,308 | ||||||||||||
Other Income Or Grants | 0 | 0 | ||||||||||||
Cost Of Sales | 1,079,684 | 1,154,734 | ||||||||||||
Gross Profit | 2,008,728 | 2,294,574 | ||||||||||||
Admin Expenses | 1,138,343 | 1,417,054 | ||||||||||||
Operating Profit | 870,385 | 877,520 | ||||||||||||
Interest Payable | 10,376 | 16,227 | ||||||||||||
Interest Receivable | 38,245 | 68,090 | ||||||||||||
Pre-Tax Profit | 898,254 | 929,383 | ||||||||||||
Tax | -180,345 | -190,672 | ||||||||||||
Profit After Tax | 717,909 | 738,711 | ||||||||||||
Dividends Paid | 595,500 | 760,000 | ||||||||||||
Retained Profit | 122,409 | -21,289 | ||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 55 | 51 | 50 | 51 | 59 | 53 | 58 | 57 | ||||||
EBITDA* | 907,141 | 914,785 |
* 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 | 121,571 | 130,558 | 141,972 | 146,297 | 159,760 | 174,023 | 198,438 | 235,194 | 272,459 | 197,854 | 209,126 | 218,896 | 238,722 | 265,580 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,911 | 174,453 | 716,896 |
Investments & Other | 0 | 0 | 0 | 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 | 121,571 | 130,558 | 141,972 | 146,297 | 159,760 | 174,023 | 198,438 | 235,194 | 272,459 | 197,854 | 209,126 | 242,807 | 413,175 | 982,476 |
Stock & work in progress | 33,270 | 65,210 | 78,492 | 145,407 | 136,486 | 197,232 | 96,190 | 93,677 | 215,330 | 204,282 | 187,428 | 160,247 | 125,449 | 139,725 |
Trade Debtors | 692,229 | 639,234 | 538,999 | 585,428 | 784,703 | 1,553,872 | 1,475,274 | 545,814 | 1,291,388 | 1,396,592 | 1,462,231 | 1,331,041 | 1,358,248 | 1,466,193 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,213,840 | 1,181,968 | 1,233,550 | 1,050,936 | 1,073,647 | 184,200 | 23,950 | 833,356 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 188,453 | 550,488 | 492,612 | 336,430 | 346,995 | 109,855 | 153,917 | 220,480 | 122,182 | 122,420 | 91,314 | 99,178 | 67,844 | 228,984 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,127,792 | 2,436,900 | 2,343,653 | 2,118,201 | 2,341,831 | 2,045,159 | 1,749,331 | 1,693,327 | 1,628,900 | 1,723,294 | 1,740,973 | 1,590,466 | 1,551,541 | 1,834,902 |
total assets | 2,249,363 | 2,567,458 | 2,485,625 | 2,264,498 | 2,501,591 | 2,219,182 | 1,947,769 | 1,928,521 | 1,901,359 | 1,921,148 | 1,950,099 | 1,833,273 | 1,964,716 | 2,817,378 |
Bank overdraft | 406,639 | 267,680 | 19,123 | 176,949 | 506,383 | 393,821 | 437,140 | 469,168 | 351,337 | 378,852 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 297,279 | 227,567 | 253,689 | 255,457 | 337,897 | 323,663 | 288,253 | 145,780 | 582,968 | 576,614 | 1,024,370 | 1,090,867 | 1,303,457 | 2,486,359 |
Group/Directors Accounts | 0 | 0 | 0 | 1,500 | 9,000 | 0 | 0 | 0 | 254,784 | 287,570 | 0 | 332,936 | 505,017 | 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 | 515,044 | 622,395 | 495,655 | 588,452 | 585,003 | 383,044 | 380,973 | 659,670 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,218,962 | 1,117,642 | 768,467 | 1,022,358 | 1,438,283 | 1,100,528 | 1,106,366 | 1,274,618 | 1,189,089 | 1,243,036 | 1,024,370 | 1,423,803 | 1,808,474 | 2,486,359 |
loans | 146,230 | 194,252 | 243,167 | 12,291 | 62,064 | 106,295 | 146,792 | 51,625 | 117,453 | 71,292 | 41,792 | 51,625 | 61,459 | 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 | 29,399 | 0 | 0 | 39,333 | 39,333 | 39,333 | 187,500 |
provisions | 0 | 3,957 | 5,717 | 5,651 | 7,251 | 8,918 | 7,697 | 8,374 | 9,023 | 8,401 | 9,013 | 9,029 | 10,940 | 9,342 |
total long term liabilities | 146,230 | 198,209 | 248,884 | 17,942 | 69,315 | 115,213 | 154,489 | 89,398 | 126,476 | 79,693 | 90,138 | 99,987 | 111,732 | 196,842 |
total liabilities | 1,365,192 | 1,315,851 | 1,017,351 | 1,040,300 | 1,507,598 | 1,215,741 | 1,260,855 | 1,364,016 | 1,315,565 | 1,322,729 | 1,114,508 | 1,523,790 | 1,920,206 | 2,683,201 |
net assets | 884,171 | 1,251,607 | 1,468,274 | 1,224,198 | 993,993 | 1,003,441 | 686,914 | 564,505 | 585,794 | 598,419 | 835,591 | 309,483 | 44,510 | 134,177 |
total shareholders funds | 884,171 | 1,251,607 | 1,468,274 | 1,224,198 | 993,993 | 1,003,441 | 686,914 | 564,505 | 585,794 | 598,419 | 835,591 | 309,483 | 44,510 | 134,177 |
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 | 870,385 | 877,520 | ||||||||||||
Depreciation | 8,987 | 11,414 | 12,509 | 13,463 | 14,263 | 38,891 | 36,756 | 37,265 | 10,434 | 11,272 | 11,879 | 25,204 | 27,733 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,911 | 150,542 | 542,443 | 0 |
Tax | -180,345 | -190,672 | ||||||||||||
Stock | -31,940 | -13,282 | -66,915 | 8,921 | -60,746 | 101,042 | 2,513 | -121,653 | 11,048 | 16,854 | 27,181 | 34,798 | -14,276 | 139,725 |
Debtors | 84,867 | 48,653 | 136,185 | -221,986 | 120,278 | 238,848 | 120,054 | 87,782 | -105,204 | -65,639 | 131,190 | -27,207 | -107,945 | 1,466,193 |
Creditors | 69,712 | -26,122 | -1,768 | -82,440 | 14,234 | 35,410 | 142,473 | -437,188 | 6,354 | -447,756 | -66,497 | -212,590 | -1,182,902 | 2,486,359 |
Accruals and Deferred Income | -107,351 | 126,740 | -92,797 | 3,449 | 201,959 | 2,071 | -278,697 | 659,670 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -3,957 | -1,760 | 66 | -1,600 | -1,667 | 1,221 | -677 | -649 | 622 | -612 | -16 | -1,911 | 1,598 | 9,342 |
Cash flow from operations | 467,328 | 979,817 | ||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 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 | 0 | 0 | -1,500 | -7,500 | 9,000 | 0 | 0 | -254,784 | -32,786 | 287,570 | -332,936 | -172,081 | 505,017 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -48,022 | -48,915 | 230,876 | -49,773 | -44,231 | -40,497 | 95,167 | -65,828 | 46,161 | 29,500 | -9,833 | -9,834 | 61,459 | 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 | -29,399 | 29,399 | 0 | -39,333 | 0 | 0 | -148,167 | 187,500 |
share issue | ||||||||||||||
interest | 27,869 | 51,863 | ||||||||||||
cash flow from financing | 93,637 | -239,350 | ||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -362,035 | 57,876 | 156,182 | -10,565 | 237,140 | -44,062 | -66,563 | 98,298 | -238 | 31,106 | -7,864 | 31,334 | -161,140 | 228,984 |
overdraft | 138,959 | 248,557 | -157,826 | -329,434 | 112,562 | -43,319 | -32,028 | 117,831 | -27,515 | 378,852 | 0 | 0 | 0 | 0 |
change in cash | -500,994 | -190,681 | 314,008 | 318,869 | 124,578 | -743 | -34,535 | -19,533 | 27,277 | -347,746 | -7,864 | 31,334 | -161,140 | 228,984 |
djm law limited Credit Report and Business Information
Djm Law Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for djm law limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
djm law limited Ownership
DJM LAW LIMITED group structure
Djm Law Limited has 1 subsidiary company.
Ultimate parent company
DJM LAW LIMITED
06443577
1 subsidiary
djm law limited directors
Djm Law Limited currently has 8 directors. The longest serving directors include Mr Michael Price (Sep 2008) and Mr Jonathan Powell (Apr 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Price | 59 years | Sep 2008 | - | Director | |
Mr Jonathan Powell | 45 years | Apr 2010 | - | Director | |
Mr Barry Davies | 51 years | Apr 2010 | - | Director | |
Mr Sheraz Akram | 47 years | Apr 2014 | - | Director | |
Mr Russell Price | 47 years | Apr 2019 | - | Director | |
Mrs Helen Kelly | 45 years | Oct 2019 | - | Director | |
Mr Aaron Hayward | 38 years | Apr 2024 | - | Director | |
Mr Christian Edwards | 50 years | Apr 2024 | - | Director |
P&L
March 2023turnover
3.5m
+19%
operating profit
-331.1k
0%
gross margin
68.6%
+7.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
884.2k
-0.29%
total assets
2.2m
-0.12%
cash
188.5k
-0.66%
net assets
Total assets minus all liabilities
djm law limited company details
company number
06443577
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
December 2007
age
17
accounts
Total Exemption Full
ultimate parent company
previous names
fairshape limited (January 2008)
incorporated
UK
address
16 axis court, mallard way swansea vale, swansea, SA7 0AJ
last accounts submitted
March 2023
djm law 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 found 3 charges/mortgages relating to djm law limited. Currently there are 2 open charges and 1 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
djm law limited Companies House Filings - See Documents
date | description | view/download |
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