bbs law ltd Company Information
Company Number
07202211
Website
www.bbslaw.co.ukRegistered Address
first floor, the edge, clowes street, salford, M3 5NA
Industry
Solicitors
Telephone
01618322500
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
burlington bertie services (no.1) ltd 21.3%
dabjab (no.1) ltd 21.3%
View Allbbs law ltd Estimated Valuation
Pomanda estimates the enterprise value of BBS LAW LTD at £4.3m based on a Turnover of £5.3m and 0.8x industry multiple (adjusted for size and gross margin).
bbs law ltd Estimated Valuation
Pomanda estimates the enterprise value of BBS LAW LTD at £6.6m based on an EBITDA of £1.7m and a 3.95x industry multiple (adjusted for size and gross margin).
bbs law ltd Estimated Valuation
Pomanda estimates the enterprise value of BBS LAW LTD at £7.2m based on Net Assets of £3.4m and 2.12x industry multiple (adjusted for liquidity).
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Bbs Law Ltd Overview
Bbs Law Ltd is a live company located in salford, M3 5NA with a Companies House number of 07202211. It operates in the solicitors sector, SIC Code 69102. Founded in March 2010, it's largest shareholder is burlington bertie services (no.1) ltd with a 21.3% stake. Bbs Law Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.3m with high growth in recent years.
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Bbs Law Ltd Health Check
Pomanda's financial health check has awarded Bbs Law Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £5.3m, make it larger than the average company (£1.1m)
- Bbs Law Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.3%)
- Bbs Law Ltd
6.3% - Industry AVG
Production
with a gross margin of 69.5%, this company has a comparable cost of product (69.5%)
- Bbs Law Ltd
69.5% - Industry AVG
Profitability
an operating margin of 30.9% make it more profitable than the average company (10.2%)
- Bbs Law Ltd
10.2% - Industry AVG
Employees
with 47 employees, this is above the industry average (18)
47 - Bbs Law Ltd
18 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Bbs Law Ltd
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £113.3k, this is more efficient (£63.1k)
- Bbs Law Ltd
£63.1k - Industry AVG
Debtor Days
it gets paid by customers after 117 days, this is later than average (58 days)
- Bbs Law Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (25 days)
- Bbs Law Ltd
25 days - Industry AVG
Stock Days
it holds stock equivalent to 225 days, this is more than average (169 days)
- Bbs Law Ltd
169 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (33 weeks)
51 weeks - Bbs Law Ltd
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.9%, this is a similar level of debt than the average (48.1%)
48.9% - Bbs Law Ltd
48.1% - Industry AVG
bbs law ltd Credit Report and Business Information
Bbs Law Ltd Competitor Analysis
Perform a competitor analysis for bbs law ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
bbs law ltd Ownership
BBS LAW LTD group structure
Bbs Law Ltd has no subsidiary companies.
Ultimate parent company
BBS LAW LTD
07202211
bbs law ltd directors
Bbs Law Ltd currently has 5 directors. The longest serving directors include Mr Dov Black (Apr 2010) and Mr Daniel Berger (Apr 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Dov Black | England | 51 years | Apr 2010 | - | Director |
Mr Daniel Berger | 55 years | Apr 2010 | - | Director | |
Mr Paul Stedman | 59 years | Apr 2010 | - | Director | |
Mr Abraham Barr | England | 44 years | May 2020 | - | Director |
Mr Richard Denton | England | 51 years | Dec 2022 | - | Director |
BBS LAW LTD financials
Bbs Law Ltd's latest turnover from March 2023 is estimated at £5.3 million and the company has net assets of £3.4 million. According to their latest financial statements, Bbs Law Ltd has 47 employees and maintains cash reserves of £1.9 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 | Apr 2013 | Apr 2012 | Apr 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||
Other Income Or Grants | |||||||||||||
Cost Of Sales | |||||||||||||
Gross Profit | |||||||||||||
Admin Expenses | |||||||||||||
Operating Profit | |||||||||||||
Interest Payable | |||||||||||||
Interest Receivable | |||||||||||||
Pre-Tax Profit | |||||||||||||
Tax | |||||||||||||
Profit After Tax | |||||||||||||
Dividends Paid | |||||||||||||
Retained Profit | |||||||||||||
Employee Costs | |||||||||||||
Number Of Employees | 47 | 31 | 31 | 29 | 27 | 24 | 25 | 24 | |||||
EBITDA* |
* 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 | Apr 2013 | Apr 2012 | Apr 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 65,209 | 60,712 | 80,950 | 91,110 | 102,066 | 132,679 | 151,634 | 35,979 | 33,165 | 36,300 | 0 | 0 | 0 |
Intangible Assets | 1,825,999 | 0 | 0 | 0 | 0 | 0 | 200,000 | 400,000 | 600,000 | 800,000 | 200,000 | 400,000 | 800,000 |
Investments & Other | 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 |
Total Fixed Assets | 1,891,208 | 60,712 | 80,950 | 91,110 | 102,066 | 132,679 | 351,634 | 435,979 | 633,165 | 836,300 | 200,000 | 400,000 | 800,000 |
Stock & work in progress | 1,004,850 | 217,675 | 201,325 | 152,975 | 166,425 | 162,815 | 163,275 | 152,165 | 153,285 | 152,415 | 0 | 0 | 0 |
Trade Debtors | 1,719,567 | 811,758 | 1,829,711 | 892,252 | 1,002,413 | 844,124 | 772,029 | 651,267 | 803,102 | 452,981 | 63,053 | 61,789 | 70,376 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 108,911 | 153,757 | 65,752 | 80,004 | 59,576 | 16,442 | 19,236 | 16,458 | 0 | 0 | 0 | 0 | 0 |
Cash | 1,888,384 | 1,579,007 | 1,882,848 | 1,490,781 | 1,034,668 | 997,686 | 872,085 | 514,356 | 420,385 | 80,770 | 23,277 | 8 | 12,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,721,712 | 2,762,197 | 3,979,636 | 2,616,012 | 2,263,082 | 2,021,067 | 1,826,625 | 1,334,246 | 1,376,772 | 686,166 | 86,330 | 61,797 | 82,376 |
total assets | 6,612,920 | 2,822,909 | 4,060,586 | 2,707,122 | 2,365,148 | 2,153,746 | 2,178,259 | 1,770,225 | 2,009,937 | 1,522,466 | 286,330 | 461,797 | 882,376 |
Bank overdraft | 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 |
Trade Creditors | 36,732 | 37,949 | 43,858 | 0 | 0 | 0 | 0 | 0 | 869,611 | 1,355,055 | 113,022 | 351,090 | 601,287 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 525,734 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 1,865,959 | 793,390 | 786,445 | 391,393 | 361,937 | 462,903 | 692,230 | 262,906 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,902,691 | 831,339 | 830,303 | 391,393 | 361,937 | 462,903 | 692,230 | 788,640 | 869,611 | 1,355,055 | 113,022 | 351,090 | 601,287 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 1,319,332 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 15,052 | 10,377 | 13,967 | 15,587 | 17,290 | 22,645 | 27,035 | 3,353 | 1,825 | 0 | 0 | 0 | 0 |
total long term liabilities | 1,334,384 | 10,377 | 13,967 | 15,587 | 17,290 | 22,645 | 27,035 | 3,353 | 1,825 | 0 | 0 | 0 | 0 |
total liabilities | 3,237,075 | 841,716 | 844,270 | 406,980 | 379,227 | 485,548 | 719,265 | 791,993 | 871,436 | 1,355,055 | 113,022 | 351,090 | 601,287 |
net assets | 3,375,845 | 1,981,193 | 3,216,316 | 2,300,142 | 1,985,921 | 1,668,198 | 1,458,994 | 978,232 | 1,138,501 | 167,411 | 173,308 | 110,707 | 281,089 |
total shareholders funds | 3,375,845 | 1,981,193 | 3,216,316 | 2,300,142 | 1,985,921 | 1,668,198 | 1,458,994 | 978,232 | 1,138,501 | 167,411 | 173,308 | 110,707 | 281,089 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 19,403 | 20,238 | 26,984 | 30,370 | 34,022 | 44,226 | 50,544 | 11,993 | 11,055 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 400,000 | 0 |
Tax | |||||||||||||
Stock | 787,175 | 16,350 | 48,350 | -13,450 | 3,610 | -460 | 11,110 | -1,120 | 870 | 152,415 | 0 | 0 | 0 |
Debtors | 862,963 | -929,948 | 923,207 | -89,733 | 201,423 | 69,301 | 123,540 | -135,377 | 350,121 | 389,928 | 1,264 | -8,587 | 70,376 |
Creditors | -1,217 | -5,909 | 43,858 | 0 | 0 | 0 | 0 | -869,611 | -485,444 | 1,242,033 | -238,068 | -250,197 | 601,287 |
Accruals and Deferred Income | 1,072,569 | 6,945 | 395,052 | 29,456 | -100,966 | -229,327 | 429,324 | 262,906 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 4,675 | -3,590 | -1,620 | -1,703 | -5,355 | -4,390 | 23,682 | 1,528 | 1,825 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 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 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -525,734 | 525,734 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 1,319,332 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | 309,377 | -303,841 | 392,067 | 456,113 | 36,982 | 125,601 | 357,729 | 93,971 | 339,615 | 57,493 | 23,269 | -11,992 | 12,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 309,377 | -303,841 | 392,067 | 456,113 | 36,982 | 125,601 | 357,729 | 93,971 | 339,615 | 57,493 | 23,269 | -11,992 | 12,000 |
P&L
March 2023turnover
5.3m
+108%
operating profit
1.6m
0%
gross margin
69.5%
+9.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
3.4m
+0.7%
total assets
6.6m
+1.34%
cash
1.9m
+0.2%
net assets
Total assets minus all liabilities
bbs law ltd company details
company number
07202211
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
March 2010
age
14
accounts
Total Exemption Full
ultimate parent company
previous names
bbs zatman ltd (March 2015)
riverdean services ltd (March 2014)
incorporated
UK
address
first floor, the edge, clowes street, salford, M3 5NA
last accounts submitted
March 2023
bbs law ltd 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 bbs law ltd.
bbs law ltd Companies House Filings - See Documents
date | description | view/download |
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