Pomanda estimates the enterprise value of NELSONS SOLICITORS LIMITED at £15.4m based on a Turnover of £20.5m and 0.75x industry multiple (adjusted for size and gross margin).
nelsons solicitors limitedEstimated Valuation
£6.9m
Pomanda estimates the enterprise value of NELSONS SOLICITORS LIMITED at £6.9m based on an EBITDA of £1.7m and a 4.07x industry multiple (adjusted for size and gross margin).
nelsons solicitors limitedEstimated Valuation
£24.4m
Pomanda estimates the enterprise value of NELSONS SOLICITORS LIMITED at £24.4m based on Net Assets of £14.6m and 1.67x industry multiple (adjusted for liquidity).
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Nelsons Solicitors LimitedOverview
Nelsons Solicitors Limited is a live company located in nottingham, NG1 7BQ with a Companies House number of 07219010. It operates in the solicitors sector, SIC Code 69102. Founded in April 2010, it's largest shareholder is
nelsonslaw llp
with a 100% stake. Nelsons Solicitors Limited is a established,
large sized company, Pomanda has estimated its turnover at
£20.5m with
low
growth in recent years.
Pomanda's financial health check has awarded Nelsons Solicitors Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
1 Regular
6 Weak
Size
annual sales of £20.5m, make it larger than the average company (£1.1m)
£20.5m - Nelsons Solicitors Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (7%)
3% - Nelsons Solicitors Limited
7% - Industry AVG
Production
with a gross margin of 47.8%, this company has a higher cost of product (68.3%)
47.8% - Nelsons Solicitors Limited
68.3% - Industry AVG
Profitability
an operating margin of 3.1% make it less profitable than the average company (9.1%)
3.1% - Nelsons Solicitors Limited
9.1% - Industry AVG
Employees
with 192 employees, this is above the industry average (17)
192 - Nelsons Solicitors Limited
17 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£38.4k)
£42.3k - Nelsons Solicitors Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £106.9k, this is more efficient (£69.1k)
£106.9k - Nelsons Solicitors Limited
£69.1k - Industry AVG
Debtor Days
it gets paid by customers after 230 days, this is later than average (64 days)
230 days - Nelsons Solicitors Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (24 days)
10 days - Nelsons Solicitors Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nelsons Solicitors Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (31 weeks)
4 weeks - Nelsons Solicitors Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.2%, this is a lower level of debt than the average (45.7%)
37.2% - Nelsons Solicitors Limited
45.7% - Industry AVG
NELSONS SOLICITORS LIMITED financials
EXPORT
Nelsons Solicitors Limited's latest turnover from March 2024 is £20.5 million and the company has net assets of £14.6 million. According to their latest financial statements, Nelsons Solicitors Limited has 192 employees and maintains cash reserves of £709.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
Turnover
20,533,227
21,770,653
20,640,059
18,650,835
17,457,755
17,208,817
15,905,248
15,819,528
16,662,634
15,694,211
15,648,654
14,339,971
11,759,758
11,736,509
Other Income Or Grants
Cost Of Sales
10,727,942
11,948,092
11,071,983
10,139,523
6,860,348
6,452,507
6,180,254
6,382,468
6,144,288
5,961,389
5,106,890
5,007,528
4,633,923
4,682,150
Gross Profit
9,805,285
9,822,561
9,568,076
8,511,312
10,597,407
10,756,310
9,724,994
9,437,060
10,518,346
9,732,822
10,541,764
9,332,443
7,125,835
7,054,359
Admin Expenses
9,171,107
6,422,177
6,431,981
5,769,647
6,002,971
6,117,003
6,061,710
6,265,339
6,391,981
6,264,663
6,044,940
5,950,684
5,795,411
4,736,190
Operating Profit
634,178
3,400,384
3,136,095
2,741,665
4,594,436
4,639,307
3,663,284
3,171,721
4,126,365
3,468,159
4,496,824
3,381,759
1,330,424
2,318,169
Interest Payable
421,049
301,654
84,317
127,139
230,877
181,330
123,973
151,871
272,388
221,018
257,631
295,151
203,944
207,645
Interest Receivable
1,983,945
1,508,080
18,294
23,936
120,385
159,236
107,813
156,520
152,304
131,691
114,732
85,533
78,025
83,206
Pre-Tax Profit
2,197,074
4,606,810
3,070,072
2,594,328
4,483,944
4,617,213
3,647,124
3,176,370
4,006,281
3,378,832
4,353,925
3,172,141
992,005
1,895,730
Tax
-84,932
-1,110,772
-804,698
-920,502
-960,679
-974,426
-793,804
-840,918
-1,597,993
-865,074
-1,154,865
-953,280
-194,936
-344,589
Profit After Tax
2,112,142
3,496,038
2,265,374
1,673,826
3,523,265
3,642,787
2,853,320
2,335,452
2,408,288
2,513,758
3,199,060
2,218,861
797,069
1,551,141
Dividends Paid
1,000,000
300,859
2,980,889
2,614,712
2,493,200
2,233,904
2,026,876
1,753,704
1,614,606
1,180,250
685,000
455,750
Retained Profit
2,112,142
3,496,038
1,265,374
1,372,967
542,376
1,028,075
360,120
101,548
381,412
760,054
1,584,454
1,038,611
112,069
1,095,391
Employee Costs
8,122,113
6,523,774
5,943,906
5,175,863
4,864,860
4,521,627
4,482,486
4,394,070
4,516,569
4,915,849
5,127,907
5,141,899
5,608,185
5,533,047
Number Of Employees
192
161
163
151
155
150
159
157
157
154
188
188
195
199
EBITDA*
1,694,381
4,574,777
4,585,696
4,049,936
5,742,751
5,673,775
4,630,596
4,479,209
5,021,689
4,634,643
5,710,630
4,450,754
2,067,856
3,075,283
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
Tangible Assets
2,083,331
1,760,356
2,080,907
2,374,939
2,689,368
2,422,966
800,931
539,733
1,100,694
1,219,265
1,484,407
1,776,283
1,966,513
1,891,950
Intangible Assets
5,399,844
3,441,015
4,290,346
5,320,877
5,475,922
6,303,698
7,131,474
5,933,333
6,483,333
7,142,789
7,685,784
8,512,112
8,100,000
8,550,000
Investments & Other
100,000
100,000
100,000
100,000
100,000
100,000
Debtors (Due After 1 year)
Total Fixed Assets
7,583,175
5,301,371
6,471,253
7,795,816
8,265,290
8,826,664
7,932,405
6,473,066
7,584,027
8,362,054
9,170,191
10,288,395
10,066,513
10,441,950
Stock & work in progress
Trade Debtors
12,951,257
10,471,347
3,268,352
2,951,026
2,699,349
1,977,487
2,022,019
1,939,435
2,267,366
2,455,735
2,251,261
2,438,751
1,753,242
2,330,654
Group Debtors
521,980
2,226,180
Misc Debtors
1,462,910
1,107,232
7,630,200
5,979,363
6,001,403
5,783,687
5,430,359
4,546,767
5,047,921
4,820,821
4,756,293
4,627,388
3,795,087
3,695,320
Cash
709,178
1,196,473
1,805,726
2,029,618
1,264,475
89,470
192,037
399
280,871
533,065
288,629
480,501
111,915
800,794
misc current assets
total current assets
15,645,325
15,001,232
12,704,278
10,960,007
9,965,227
7,850,644
7,644,415
6,486,601
7,596,158
7,809,621
7,296,183
7,546,640
5,660,244
6,826,768
total assets
23,228,500
20,302,603
19,175,531
18,755,823
18,230,517
16,677,308
15,576,820
12,959,667
15,180,185
16,171,675
16,466,374
17,835,035
15,726,757
17,268,718
Bank overdraft
139,916
880,049
1,572,088
Bank loan
1,147,628
729,049
907,831
686,770
482,478
730,398
793,504
598,211
656,205
740,362
711,856
Trade Creditors
311,446
262,196
104,476
316,453
200,693
389,431
717,978
411,956
334,982
360,741
383,717
299,939
497,086
342,082
Group/Directors Accounts
3,920,062
4,761,930
4,589,639
4,391,912
other short term finances
307,576
hp & lease commitments
70,791
229,000
348,682
316,909
other current liabilities
2,974,799
2,684,619
2,845,922
2,885,493
4,160,256
2,771,941
2,719,956
2,468,353
3,794,284
3,210,240
3,447,307
4,304,910
3,106,825
4,184,745
total current liabilities
7,584,674
7,708,745
8,687,665
8,322,907
5,268,780
3,988,058
3,920,412
3,610,707
4,922,770
4,398,192
4,835,911
5,662,120
5,195,816
6,098,915
loans
438,342
1,299,035
2,461,579
2,430,391
1,899,735
2,000,885
1,304,205
1,723,609
2,157,456
1,645,338
2,153,794
2,196,823
2,374,425
hp & lease commitments
206,146
268,318
688,091
Accruals and Deferred Income
other liabilities
55,938
80,285
4,196,500
4,815,845
4,451,326
3,071,019
3,558,645
5,028,284
5,900,174
7,099,131
7,158,814
7,688,658
provisions
417,971
124,633
159,706
183,239
7,112
26,771
50,795
67,019
56,213
56,213
39,928
7,999
total long term liabilities
1,062,459
124,633
1,514,679
2,725,103
6,626,891
6,715,580
6,459,323
4,401,995
5,333,049
7,252,759
7,870,043
9,997,229
9,395,565
10,071,082
total liabilities
8,647,133
7,833,378
10,202,344
11,048,010
11,895,671
10,703,638
10,379,735
8,012,702
10,255,819
11,650,951
12,705,954
15,659,349
14,591,381
16,169,997
net assets
14,581,367
12,469,225
8,973,187
7,707,813
6,334,846
5,973,670
5,197,085
4,946,965
4,924,366
4,520,724
3,760,420
2,175,686
1,135,376
1,098,721
total shareholders funds
14,581,367
12,469,225
8,973,187
7,707,813
6,334,846
5,973,670
5,197,085
4,946,965
4,924,366
4,520,724
3,760,420
2,175,686
1,135,376
1,098,721
Mar 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
Operating Activities
Operating Profit
634,178
3,400,384
3,136,095
2,741,665
4,594,436
4,639,307
3,663,284
3,171,721
4,126,365
3,468,159
4,496,824
3,381,759
1,330,424
2,318,169
Depreciation
367,213
325,062
331,466
353,568
320,539
206,692
271,370
757,488
301,297
323,489
382,479
352,123
287,432
307,114
Amortisation
692,990
849,331
1,118,135
954,703
827,776
827,776
695,942
550,000
594,027
842,995
831,327
716,872
450,000
450,000
Tax
-84,932
-1,110,772
-804,698
-920,502
-960,679
-974,426
-793,804
-840,918
-1,597,993
-865,074
-1,154,865
-953,280
-194,936
-344,589
Stock
Debtors
1,131,388
2,906,207
1,968,163
229,637
939,578
308,796
966,176
-829,085
38,731
269,002
-58,585
1,517,810
-477,645
6,025,974
Creditors
49,250
157,720
-211,977
115,760
-188,738
-328,547
306,022
76,974
-25,759
-22,976
83,778
-197,147
155,004
342,082
Accruals and Deferred Income
290,180
-161,303
-39,571
-1,274,763
1,388,315
51,985
251,603
-1,325,931
584,044
-237,067
-857,603
1,198,085
-1,077,920
4,184,745
Deferred Taxes & Provisions
293,338
-35,073
-23,533
183,239
-7,112
-19,659
-24,024
-16,224
10,806
16,285
31,929
7,999
Cash flow from operations
1,110,829
519,142
1,537,754
1,924,033
5,042,071
4,106,879
3,408,582
3,194,395
3,927,026
3,251,330
3,840,525
2,996,887
1,459,578
1,239,546
Investing Activities
capital expenditure
-3,342,007
-4,511
-125,038
-838,797
-586,941
-1,929,736
-2,428,193
-196,527
-117,297
-229,821
-110,565
-161,893
-580,240
-319,829
Change in Investments
100,000
cash flow from investments
-3,342,007
-4,511
-125,038
-838,797
-586,941
-2,029,736
-2,428,193
-196,527
-117,297
-229,821
-110,565
-161,893
-580,240
-319,829
Financing Activities
Bank loans
-1,147,628
418,579
-178,782
221,061
204,292
-247,920
-63,106
195,293
-57,994
-84,157
28,506
711,856
Group/Directors Accounts
-841,868
172,291
197,727
4,391,912
Other Short Term Loans
307,576
Long term loans
438,342
-1,299,035
-1,162,544
31,188
530,656
-101,150
696,680
-419,404
-433,847
512,118
-508,456
-43,029
-177,602
2,374,425
Hire Purchase and Lease Commitments
276,937
-229,000
-388,000
-388,000
1,005,000
other long term liabilities
-55,938
-24,347
-4,116,215
-619,345
364,519
1,380,307
-487,626
-1,469,639
-871,890
-1,198,957
-59,683
-529,844
7,688,658
share issue
-181,200
-251,490
-110,000
-78,949
22,230
250
280
1,699
-75,414
3,330
interest
1,562,896
1,206,426
-66,023
-103,203
-110,492
-22,094
-16,160
4,649
-120,084
-89,327
-142,899
-209,618
-125,919
-124,439
cash flow from financing
1,743,883
-1,123,884
-636,608
24,900
-159,320
194,077
1,702,907
-1,044,436
-2,035,047
-894,843
-2,322,189
722,875
-196,923
9,941,974
cash and cash equivalents
cash
-487,295
-609,253
-223,892
765,143
1,175,005
-102,567
191,638
-280,472
-252,194
244,436
-191,872
368,586
-688,879
800,794
overdraft
-139,916
139,916
-880,049
-692,039
1,572,088
change in cash
-487,295
-609,253
-223,892
765,143
1,314,921
-242,483
191,638
-280,472
-252,194
244,436
-191,872
1,248,635
3,160
-771,294
nelsons solicitors limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for nelsons solicitors limited. Get real-time insights into nelsons solicitors limited's credit score, group structure and payment trends.
Perform a competitor analysis for nelsons solicitors limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in NG1 area or any other competitors across 12 key performance metrics.
nelsons solicitors limited Ownership
NELSONS SOLICITORS LIMITED group structure
Nelsons Solicitors Limited has 3 subsidiary companies.
The sole shareholder of Nelsons Solicitors Limited is Nelsonslaw Llp.
nelsonslaw llp
100%
nelsons solicitors limited directors
Nelsons Solicitors Limited currently has 5 directors.
The longest serving directors include
Mr Timothy Hastings (May 2010) and
Mr Stewart Vandermark (Jun 2010).
pennine house 8 stanford street, nottingham, NG1 7BQ
Bank
BARCLAYS BANK PLC
Legal Advisor
-
nelsons solicitors 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 4 charges/mortgages relating to nelsons solicitors limited. Currently there are 1 open charges and 3 have been satisfied in the past.
nelsons solicitors 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.
Click to start generating capital raising & share issue transactions for NELSONS SOLICITORS LIMITED. This can take several minutes, an email will notify you when this has completed.
nelsons solicitors limitedCompanies House Filings - See Documents
