altlaw ediscovery limited

altlaw ediscovery limited Company Information

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Company Number

07108843

Industry

Data processing, hosting and related activities

 

Directors

Mathew Altass

Steven Facer

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Shareholders

matthew altass

terrance searle

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Group Structure

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Contact

Registered Address

westgate house 9 holborn, london, EC1N 2LL

altlaw ediscovery limited Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of ALTLAW EDISCOVERY LIMITED at £3.6m based on a Turnover of £3.2m and 1.11x industry multiple (adjusted for size and gross margin).

altlaw ediscovery limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ALTLAW EDISCOVERY LIMITED at £0 based on an EBITDA of £-55.4k and a 5.66x industry multiple (adjusted for size and gross margin).

altlaw ediscovery limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of ALTLAW EDISCOVERY LIMITED at £1.4m based on Net Assets of £610.2k and 2.36x industry multiple (adjusted for liquidity).

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Altlaw Ediscovery Limited Overview

Altlaw Ediscovery Limited is a live company located in london, EC1N 2LL with a Companies House number of 07108843. It operates in the data processing, hosting and related activities sector, SIC Code 63110. Founded in December 2009, it's largest shareholder is matthew altass with a 40% stake. Altlaw Ediscovery Limited is a established, small sized company, Pomanda has estimated its turnover at £3.2m with low growth in recent years.

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Altlaw Ediscovery Limited Health Check

Pomanda's financial health check has awarded Altlaw Ediscovery Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £3.2m, make it smaller than the average company (£6.2m)

£3.2m - Altlaw Ediscovery Limited

£6.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.1%)

1% - Altlaw Ediscovery Limited

6.1% - Industry AVG

production

Production

with a gross margin of 63.3%, this company has a comparable cost of product (63.3%)

63.3% - Altlaw Ediscovery Limited

63.3% - Industry AVG

profitability

Profitability

an operating margin of -1.9% make it less profitable than the average company (4.1%)

-1.9% - Altlaw Ediscovery Limited

4.1% - Industry AVG

employees

Employees

with 14 employees, this is below the industry average (35)

14 - Altlaw Ediscovery Limited

35 - Industry AVG

paystructure

Pay Structure

on an average salary of £80k, the company has an equivalent pay structure (£80k)

£80k - Altlaw Ediscovery Limited

£80k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £232.1k, this is more efficient (£174k)

£232.1k - Altlaw Ediscovery Limited

£174k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 75 days, this is later than average (53 days)

75 days - Altlaw Ediscovery Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 64 days, this is slower than average (37 days)

64 days - Altlaw Ediscovery Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Altlaw Ediscovery Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (16 weeks)

32 weeks - Altlaw Ediscovery Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 41.5%, this is a lower level of debt than the average (58.2%)

41.5% - Altlaw Ediscovery Limited

58.2% - Industry AVG

ALTLAW EDISCOVERY LIMITED financials

EXPORTms excel logo

Altlaw Ediscovery Limited's latest turnover from December 2023 is estimated at £3.2 million and the company has net assets of £610.2 thousand. According to their latest financial statements, Altlaw Ediscovery Limited has 14 employees and maintains cash reserves of £234.9 thousand 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 2010
Turnover3,248,8332,240,8432,779,3133,173,6221,773,9494,054,4472,796,4682,330,3964,335,3532,931,8424,837,754963,784347,170441,711
Other Income Or Grants00000000000000
Cost Of Sales1,191,245813,7361,063,7451,252,448737,5051,769,4481,260,6461,015,6651,848,7341,212,4992,150,014244,39261,313137,375
Gross Profit2,057,5871,427,1071,715,5681,921,1741,036,4442,284,9991,535,8221,314,7312,486,6191,719,3432,687,741719,392285,857304,336
Admin Expenses2,120,3281,913,3821,755,3501,473,234966,1032,538,7831,029,9201,140,4882,453,4871,591,2372,326,336405,109182,483113,798
Operating Profit-62,741-486,275-39,782447,94070,341-253,784505,902174,24333,132128,106361,405314,283103,374190,538
Interest Payable13,12514,88311,7716,1000000000000
Interest Receivable20,96326,2352,2565741,5242,6022,448548675764262000
Pre-Tax Profit-54,903-474,923-49,297442,41571,865-251,182508,351174,79133,808128,870361,668314,283103,374190,538
Tax000-84,059-13,6540-96,587-34,958-6,761-27,063-83,184-64,264-13,175-36,798
Profit After Tax-54,903-474,923-49,297358,35658,211-251,182411,764139,83327,046101,807278,484250,01990,199153,740
Dividends Paid00000000000188,800120,000120,269
Retained Profit-54,903-474,923-49,297358,35658,211-251,182411,764139,83327,046101,807278,48461,219-29,80133,471
Employee Costs1,119,735917,491571,204599,863836,029744,705742,211599,2441,524,8631,049,2001,770,711347,971123,006174,698
Number Of Employees141391014131512312238834
EBITDA*-55,430-460,5333,876535,407188,711-163,205558,852187,71467,037159,381392,757333,705110,111194,192

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Tangible Assets41,5095,00929,75373,411117,590171,82398,02240,41148,66540,34964,21958,98660,62718,963
Intangible Assets000043,28893,439145,3350000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets41,5095,00929,75373,411160,878265,262243,35740,41148,66540,34964,21958,98660,62718,963
Stock & work in progress00000000000000
Trade Debtors668,669404,335626,567693,566303,649948,005557,238415,589651,681445,298727,260285,057150,22155,529
Group Debtors00000000000000
Misc Debtors97,931214,230156,640277,875157,121117,961138,16744,29500041,25098,1540
Cash234,873563,706935,450869,214279,505127,014566,733412,62025,672244,37061,13943,7827,50076,452
misc current assets00000000000000
total current assets1,001,4731,182,2711,718,6571,840,655740,2751,192,9801,262,138872,504677,353689,668788,399370,089255,875131,981
total assets1,042,9821,187,2801,748,4101,914,066901,1531,458,2421,505,495912,915726,018730,017852,618429,075316,502150,944
Bank overdraft39,9960000000000000
Bank loan00000000000000
Trade Creditors 211,999332,702336,583370,89929,701394,391139,20989,436253,692284,737509,14521,39234,848117,373
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities124,13152,82395,149153,85940,500291,110342,363211,320000342,694277,8840
total current liabilities376,126385,525431,732524,75870,201685,501481,572300,756253,692284,737509,145364,086312,732117,373
loans56,671136,667176,667200,0000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities56,671136,667176,667200,0000000000000
total liabilities432,797522,192608,399724,75870,201685,501481,572300,756253,692284,737509,145364,086312,732117,373
net assets610,185665,0881,140,0111,189,308830,952772,7411,023,923612,159472,326445,280343,47364,9893,77033,571
total shareholders funds610,185665,0881,140,0111,189,308830,952772,7411,023,923612,159472,326445,280343,47364,9893,77033,571
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
Operating Activities
Operating Profit-62,741-486,275-39,782447,94070,341-253,784505,902174,24333,132128,106361,405314,283103,374190,538
Depreciation7,31125,74243,65844,17954,23328,89314,32613,47133,90531,27531,35219,4226,7373,654
Amortisation00043,28864,13761,68638,6240000000
Tax000-84,059-13,6540-96,587-34,958-6,761-27,063-83,184-64,264-13,175-36,798
Stock00000000000000
Debtors148,035-164,642-188,234510,671-605,196370,561235,521-191,797206,383-281,962400,95377,932192,84655,529
Creditors-120,703-3,881-34,316341,198-364,690255,18249,773-164,256-31,045-224,408487,753-13,456-82,525117,373
Accruals and Deferred Income71,308-42,326-58,710113,359-250,610-51,253131,043211,32000-342,69464,810277,8840
Deferred Taxes & Provisions00000000000000
Cash flow from operations-252,860-342,09899,084395,234164,953-329,837407,560391,617-177,152189,87253,679242,86399,449219,238
Investing Activities
capital expenditure-43,811-99800-13,986-112,484-255,896-5,217-42,221-7,405-36,585-17,781-48,401-22,617
Change in Investments00000000000000
cash flow from investments-43,811-99800-13,986-112,484-255,896-5,217-42,221-7,405-36,585-17,781-48,401-22,617
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans-79,996-40,000-23,333200,0000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue0000000000000100
interest7,83811,352-9,515-5,5261,5242,6022,448548675764262000
cash flow from financing-72,158-28,648-32,848194,4741,5242,6022,44854867576426200100
cash and cash equivalents
cash-328,833-371,74466,236589,709152,491-439,719154,113386,948-218,698183,23117,35736,282-68,95276,452
overdraft39,9960000000000000
change in cash-368,829-371,74466,236589,709152,491-439,719154,113386,948-218,698183,23117,35736,282-68,95276,452

altlaw ediscovery 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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Altlaw Ediscovery Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for altlaw ediscovery limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC1N area or any other competitors across 12 key performance metrics.

altlaw ediscovery limited Ownership

ALTLAW EDISCOVERY LIMITED group structure

Altlaw Ediscovery Limited has no subsidiary companies.

Ultimate parent company

ALTLAW EDISCOVERY LIMITED

07108843

ALTLAW EDISCOVERY LIMITED Shareholders

matthew altass 40%
terrance searle 20%
steven facer 20%
matthew atkinson 20%

altlaw ediscovery limited directors

Altlaw Ediscovery Limited currently has 4 directors. The longest serving directors include Mr Mathew Altass (Dec 2009) and Mr Steven Facer (Oct 2010).

officercountryagestartendrole
Mr Mathew AltassEngland55 years Dec 2009- Director
Mr Steven FacerEngland53 years Oct 2010- Director
Mr Matthew AtkinsonEngland49 years Oct 2010- Director
Mr Terrance SearleEngland51 years Oct 2010- Director

P&L

December 2023

turnover

3.2m

+45%

operating profit

-62.7k

0%

gross margin

63.4%

-0.55%

turnover

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

Balance Sheet

December 2023

net assets

610.2k

-0.08%

total assets

1m

-0.12%

cash

234.9k

-0.58%

net assets

Total assets minus all liabilities

altlaw ediscovery limited company details

company number

07108843

Type

Private limited with Share Capital

industry

63110 - Data processing, hosting and related activities

incorporation date

December 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

altlaw litigation support limited (October 2021)

lit support limited (December 2010)

accountant

-

auditor

-

address

westgate house 9 holborn, london, EC1N 2LL

Bank

-

Legal Advisor

-

altlaw ediscovery 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 altlaw ediscovery limited.

altlaw ediscovery 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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altlaw ediscovery limited Companies House Filings - See Documents

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