solicitors benevolent association limited

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solicitors benevolent association limited Company Information

Share SOLICITORS BENEVOLENT ASSOCIATION LIMITED

Company Number

06601907

Shareholders

-

Group Structure

View All

Industry

Other social work activities without accommodation n.e.c.

 

Registered Address

1 jaggard way, wandsworth common, london, SW12 8SG

solicitors benevolent association limited Estimated Valuation

£846.5k

Pomanda estimates the enterprise value of SOLICITORS BENEVOLENT ASSOCIATION LIMITED at £846.5k based on a Turnover of £1.5m and 0.56x industry multiple (adjusted for size and gross margin).

solicitors benevolent association limited Estimated Valuation

£9.9m

Pomanda estimates the enterprise value of SOLICITORS BENEVOLENT ASSOCIATION LIMITED at £9.9m based on an EBITDA of £1.7m and a 5.83x industry multiple (adjusted for size and gross margin).

solicitors benevolent association limited Estimated Valuation

£62.7m

Pomanda estimates the enterprise value of SOLICITORS BENEVOLENT ASSOCIATION LIMITED at £62.7m based on Net Assets of £26.1m and 2.4x industry multiple (adjusted for liquidity).

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Solicitors Benevolent Association Limited Overview

Solicitors Benevolent Association Limited is a live company located in london, SW12 8SG with a Companies House number of 06601907. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in May 2008, it's largest shareholder is unknown. Solicitors Benevolent Association Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.

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Solicitors Benevolent Association Limited Health Check

Pomanda's financial health check has awarded Solicitors Benevolent Association Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£456.6k)

£1.5m - Solicitors Benevolent Association Limited

£456.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.2%)

7% - Solicitors Benevolent Association Limited

6.2% - Industry AVG

production

Production

with a gross margin of 85.8%, this company has a comparable cost of product (85.8%)

85.8% - Solicitors Benevolent Association Limited

85.8% - Industry AVG

profitability

Profitability

an operating margin of 112% make it more profitable than the average company (3.1%)

112% - Solicitors Benevolent Association Limited

3.1% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (12)

8 - Solicitors Benevolent Association Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £70.6k, the company has a higher pay structure (£25.7k)

£70.6k - Solicitors Benevolent Association Limited

£25.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £188.9k, this is more efficient (£42.8k)

£188.9k - Solicitors Benevolent Association Limited

£42.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is later than average (12 days)

60 days - Solicitors Benevolent Association Limited

12 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Solicitors Benevolent Association Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Solicitors Benevolent Association Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 229 weeks, this is average cash available to meet short term requirements (226 weeks)

229 weeks - Solicitors Benevolent Association Limited

226 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.9%, this is a lower level of debt than the average (13.5%)

0.9% - Solicitors Benevolent Association Limited

13.5% - Industry AVG

SOLICITORS BENEVOLENT ASSOCIATION LIMITED financials

EXPORTms excel logo

Solicitors Benevolent Association Limited's latest turnover from December 2023 is £1.5 million and the company has net assets of £26.1 million. According to their latest financial statements, Solicitors Benevolent Association Limited has 8 employees and maintains cash reserves of £1.1 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
Turnover1,510,9762,246,8541,462,6311,242,7911,895,2651,949,5731,763,3421,869,6932,086,2431,742,9882,180,5181,863,4482,189,4241,796,2261,480,466
Other Income Or Grants
Cost Of Sales214,590255,20373,136108,83365,19454,02539,127236,3251,128,1121,036,7301,291,1501,084,6271,253,2001,002,975
Gross Profit1,296,3861,991,6511,389,4951,133,9581,830,0711,895,5481,724,2151,633,368958,131706,258889,368778,821936,224793,251
Admin Expenses-395,1924,455,9341,865,5132,029,3351,597,7431,508,5901,606,274899,621-265,81740,168-369,981607,950693,321202,776-370,417
Operating Profit1,691,578-2,464,283-476,018-895,377232,328386,958117,941733,7471,223,948666,0901,259,349170,871242,903590,475370,417
Interest Payable
Interest Receivable
Pre-Tax Profit1,347,914-2,108,286-452,438-893,714198,936324,248104,513591,128983,641528,966971,991131,659183,415428,260267,071
Tax
Profit After Tax1,347,914-2,108,286-452,438-893,714198,936324,248104,513591,128983,641528,966971,991131,659183,415428,260267,071
Dividends Paid
Retained Profit1,347,914-2,108,286-452,438-893,714198,936324,248104,513591,128983,641528,966971,991131,659183,415428,260267,071
Employee Costs564,607486,302452,124423,578385,877499,160337,014288,710284,853280,406290,062285,066228,409194,168217,674
Number Of Employees887666665554434
EBITDA*1,702,374-2,453,487-462,770-886,110238,864394,040117,941733,7471,227,398669,5101,262,769174,291246,323593,895373,837

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets166,124173,438179,841190,980182,403187,055185,135175,827179,277182,727186,147189,567192,987196,407199,827
Intangible Assets
Investments & Other24,886,34921,520,4709,598,83023,543,96123,838,09520,867,31321,908,00519,737,29018,468,54718,926,11318,330,53516,412,34315,551,23914,503,70114,165,466
Debtors (Due After 1 year)
Total Fixed Assets25,052,47321,693,9089,778,67123,734,94124,020,49821,054,36822,093,14019,913,11718,647,82419,108,84018,516,68216,601,91015,744,22614,700,10814,365,293
Stock & work in progress
Trade Debtors250,650
Group Debtors
Misc Debtors437,569135,256143,150180,401619,234192,50753,87793,76089,527158,717155,213207,600179,843193,527
Cash1,051,8472,972,55717,370,1221,493,4931,831,5451,707,6321,851,8102,583,2521,547,063694,264700,761490,094455,5391,526,439588,149
misc current assets
total current assets1,302,4973,410,12617,505,3781,636,6432,011,9462,326,8662,044,3172,637,1291,640,823783,791859,478645,307663,1391,706,282781,676
total assets26,354,97025,104,03427,284,04925,371,58426,032,44423,381,23424,137,45722,550,24620,288,64719,892,63119,376,16017,247,21716,407,36516,406,39015,146,969
Bank overdraft
Bank loan
Trade Creditors 66,069149,78157,26095,52465,533
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities238,223334,336339,035384,082253,004217,578270,720277,527242,063272,236294,161402,411406,367379,635374,959
total current liabilities238,223334,336405,104533,863310,264313,102336,253277,527242,063272,236294,161402,411406,367379,635374,959
loans29,407
hp & lease commitments
Accruals and Deferred Income
other liabilities7,7828,6479,60810,67611,86213,18014,64516,27218,07920,08822,070131,87625,71428,221
provisions
total long term liabilities7,7828,6479,60810,67611,86213,18014,64516,27218,07920,08822,070131,87625,71428,22129,407
total liabilities246,005342,983414,712544,539322,126326,282350,898293,799260,142292,324316,231534,287432,081407,856404,366
net assets26,108,96524,761,05126,869,33724,827,04525,710,31823,054,95223,786,55922,256,44720,028,50519,600,30719,059,92916,712,93015,975,28415,998,53414,742,603
total shareholders funds26,108,96524,761,05126,869,33724,827,04525,710,31823,054,95223,786,55922,256,44720,028,50519,600,30719,059,92916,712,93015,975,28415,998,53414,742,603
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,691,578-2,464,283-476,018-895,377232,328386,958117,941733,7471,223,948666,0901,259,349170,871242,903590,475370,417
Depreciation10,79610,79613,2489,2676,5367,0823,4503,4203,4203,4203,4203,4203,420
Amortisation
Tax
Stock
Debtors-186,919302,313-7,894-37,251-438,833426,727138,630-39,8834,233-69,1903,504-52,38727,757-13,684193,527
Creditors-66,069-83,71292,521-38,26429,99165,533
Accruals and Deferred Income-96,113-4,699-45,047131,07835,426-53,142-6,80735,464-30,173-21,925-108,250-3,95626,7324,676374,959
Deferred Taxes & Provisions
Cash flow from operations1,793,180-2,826,568-583,635-625,260674,859-55,83838,037809,0941,192,992716,7751,151,015222,722245,298612,255555,269
Investing Activities
capital expenditure174,713-591,204513,675-203,247
Change in Investments3,365,87911,921,640-13,945,131-294,1342,970,782-1,040,6922,170,7151,268,743-457,566595,5781,918,192861,1041,047,538338,23514,165,466
cash flow from investments-3,365,879-11,921,64013,945,131294,134-2,970,7821,215,405-2,761,919-755,068457,566-595,578-1,918,192-861,104-1,047,538-338,235-14,368,713
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-29,40729,407
Hire Purchase and Lease Commitments
other long term liabilities-865-961-1,068-1,186-1,318-1,465-1,627-1,807-2,009-1,982-109,806106,162-2,50728,221
share issue2,494,73010,4412,456,430-1,055,8551,425,5991,636,814-555,44311,4121,375,008605,987-206,665827,67114,475,532
interest
cash flow from financing-865-9612,493,6629,2552,455,112-1,057,3201,423,9721,635,007-557,4529,4301,265,202712,149-209,172826,48514,504,939
cash and cash equivalents
cash-1,920,710-14,397,56515,876,629-338,052123,913-144,178-731,4421,036,189852,799-6,497210,66734,555-1,070,900938,290588,149
overdraft
change in cash-1,920,710-14,397,56515,876,629-338,052123,913-144,178-731,4421,036,189852,799-6,497210,66734,555-1,070,900938,290588,149

solicitors benevolent association limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Solicitors Benevolent Association Limited Competitor Analysis

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Perform a competitor analysis for solicitors benevolent association limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in SW12 area or any other competitors across 12 key performance metrics.

solicitors benevolent association limited Ownership

SOLICITORS BENEVOLENT ASSOCIATION LIMITED group structure

Solicitors Benevolent Association Limited has no subsidiary companies.

Ultimate parent company

SOLICITORS BENEVOLENT ASSOCIATION LIMITED

06601907

SOLICITORS BENEVOLENT ASSOCIATION LIMITED Shareholders

--

solicitors benevolent association limited directors

Solicitors Benevolent Association Limited currently has 12 directors. The longest serving directors include Mr Shams-Ur Rahman (Jun 2016) and Mr Mohammad Qayum (Jun 2016).

officercountryagestartendrole
Mr Shams-Ur Rahman51 years Jun 2016- Director
Mr Mohammad Qayum46 years Jun 2016- Director
Mr Andrew WauchopeEngland62 years Mar 2021- Director
Ms Shona Salter71 years Mar 2021- Director
Mr Eugene FarrellEngland63 years Jun 2021- Director
Ms Rebecca LitherlandUnited Kingdom61 years Sep 2021- Director
Mr James BrennanEngland48 years Jun 2022- Director
Mr Robert BannerEngland72 years Jun 2022- Director
Mr Simon DinnickEngland75 years Sep 2023- Director
Mr Rory OkeeffeEngland47 years Oct 2023- Director

P&L

December 2023

turnover

1.5m

-33%

operating profit

1.7m

0%

gross margin

85.8%

-3.21%

turnover

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

Balance Sheet

December 2023

net assets

26.1m

+0.05%

total assets

26.4m

+0.05%

cash

1.1m

-0.65%

net assets

Total assets minus all liabilities

solicitors benevolent association limited company details

company number

06601907

Type

Private Ltd By Guarantee w/o Share Cap

industry

88990 - Other social work activities without accommodation n.e.c.

incorporation date

May 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

COOPER PARRY GROUP LTD

address

1 jaggard way, wandsworth common, london, SW12 8SG

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

solicitors benevolent association 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 solicitors benevolent association limited.

solicitors benevolent association 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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solicitors benevolent association limited Companies House Filings - See Documents

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