dlg legal services limited

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dlg legal services limited Company Information

Share DLG LEGAL SERVICES LIMITED

Company Number

08302561

Shareholders

dl insurance services ltd

dl insurance services limited

Group Structure

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Industry

Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.

 

Registered Address

the wharf neville street, leeds, yorkshire, LS1 4AZ

dlg legal services limited Estimated Valuation

£13.1m

Pomanda estimates the enterprise value of DLG LEGAL SERVICES LIMITED at £13.1m based on a Turnover of £17.2m and 0.76x industry multiple (adjusted for size and gross margin).

dlg legal services limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of DLG LEGAL SERVICES LIMITED at £4.4m based on an EBITDA of £1.1m and a 3.89x industry multiple (adjusted for size and gross margin).

dlg legal services limited Estimated Valuation

£24.1m

Pomanda estimates the enterprise value of DLG LEGAL SERVICES LIMITED at £24.1m based on Net Assets of £14.8m and 1.63x industry multiple (adjusted for liquidity).

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Dlg Legal Services Limited Overview

Dlg Legal Services Limited is a live company located in yorkshire, LS1 4AZ with a Companies House number of 08302561. It operates in the activities of patent and copyright agents sector, SIC Code 69109. Founded in November 2012, it's largest shareholder is dl insurance services ltd with a 100% stake. Dlg Legal Services Limited is a established, mid sized company, Pomanda has estimated its turnover at £17.2m with healthy growth in recent years.

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Dlg Legal Services Limited Health Check

Pomanda's financial health check has awarded Dlg Legal Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

2 Weak

size

Size

annual sales of £17.2m, make it larger than the average company (£752.3k)

£17.2m - Dlg Legal Services Limited

£752.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (7.9%)

7% - Dlg Legal Services Limited

7.9% - Industry AVG

production

Production

with a gross margin of 55.7%, this company has a comparable cost of product (55.7%)

55.7% - Dlg Legal Services Limited

55.7% - Industry AVG

profitability

Profitability

an operating margin of 6.6% make it as profitable than the average company (7.7%)

6.6% - Dlg Legal Services Limited

7.7% - Industry AVG

employees

Employees

with 244 employees, this is above the industry average (8)

244 - Dlg Legal Services Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)

£35.2k - Dlg Legal Services Limited

£35.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £70.5k, this is equally as efficient (£70.5k)

£70.5k - Dlg Legal Services Limited

£70.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 88 days, this is later than average (61 days)

88 days - Dlg Legal Services Limited

61 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Dlg Legal Services Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Dlg Legal Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 18 weeks, this is less cash available to meet short term requirements (23 weeks)

18 weeks - Dlg Legal Services Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44.2%, this is a lower level of debt than the average (53.4%)

44.2% - Dlg Legal Services Limited

53.4% - Industry AVG

DLG LEGAL SERVICES LIMITED financials

EXPORTms excel logo

Dlg Legal Services Limited's latest turnover from December 2023 is £17.2 million and the company has net assets of £14.8 million. According to their latest financial statements, we estimate that Dlg Legal Services Limited has 244 employees and maintains cash reserves of £4.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover17,190,85515,859,11813,926,24314,219,88016,695,86615,210,74914,447,42715,138,83012,899,9506,432,452
Other Income Or Grants
Cost Of Sales7,620,1106,048,9995,746,9536,248,3464,259,7865,216,4046,550,1786,734,4395,722,4912,603,259
Gross Profit9,570,7459,810,1198,179,2907,971,53412,436,0809,994,3457,897,2498,404,3917,177,4593,829,193
Admin Expenses8,433,4848,584,9367,658,4607,336,6939,846,0927,978,1695,367,9004,902,9853,069,0213,583,962
Operating Profit1,137,2611,225,183520,830634,8412,589,9882,016,1762,529,3493,501,4064,108,438245,231
Interest Payable5,6043,11373,50073,50073,50084,842111,20276,530
Interest Receivable95,45510,0714906576406607179321,480254
Pre-Tax Profit1,232,7161,229,650518,207635,4982,517,1281,943,3362,456,5663,417,4963,998,716168,955
Tax-291,044-224,581-75,986-111,571-481,338-379,631-462,536-698,321-819,306-36,325
Profit After Tax941,6721,005,069442,221523,9272,035,7901,563,7051,994,0302,719,1753,179,410132,630
Dividends Paid
Retained Profit941,6721,005,069442,221523,9272,035,7901,563,7051,994,0302,719,1753,179,410132,630
Employee Costs8,583,2656,603,351
Number Of Employees24420919718421921819716514195
EBITDA*1,137,2611,225,183520,830634,8412,589,9882,016,1762,529,3493,501,4064,108,438245,231

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets
Intangible Assets1,107,304748,990
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,107,304748,990
Stock & work in progress5,389,5735,547,0925,068,7821,524,744
Trade Debtors4,165,5405,447,3576,857,4167,358,789475,85513,196,048117,535194,08179,54971,245
Group Debtors1,725,571927,648462,081266,178400,144463,137193,406
Misc Debtors15,396,58315,943,21615,456,85514,056,35813,336,99112,491,35910,150,4587,458,5896,963,838
Cash4,107,2752,255,1821,364,7661,467,8762,778,7853,399,1304,980,4535,809,1113,725,3741,055,715
misc current assets72,294308,19880,5877,297,7676,438,653245,48282,717376,346
total current assets25,394,96924,645,69724,082,62323,037,17724,429,46123,033,83123,490,58022,183,60316,795,43110,185,294
total assets26,502,27325,394,68724,082,62323,037,17724,429,46123,033,83123,490,58022,183,60316,795,43110,185,294
Bank overdraft500,0001,500,000
Bank loan
Trade Creditors 5,50375,1929,890107,217469,784283,8007,370,854
Group/Directors Accounts1,323,3311,211,036
other short term finances86,430227,033
hp & lease commitments
other current liabilities10,293,32410,265,41011,231,67210,496,55312,349,68113,095,33015,125,90815,653,54012,867,5191,063,495
total current liabilities11,703,08511,476,44611,464,20810,571,74512,349,68113,105,22015,233,12516,123,32413,651,3199,934,349
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities11,703,08511,476,44611,464,20810,571,74512,349,68113,105,22015,233,12516,123,32413,651,3199,934,349
net assets14,799,18813,918,24112,618,41512,465,43212,079,7809,928,6118,257,4556,060,2793,144,112250,945
total shareholders funds14,799,18813,918,24112,618,41512,465,43212,079,7809,928,6118,257,4556,060,2793,144,112250,945
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit1,137,2611,225,183520,830634,8412,589,9882,016,1762,529,3493,501,4064,108,438245,231
Depreciation
Amortisation
Tax-291,044-224,581-75,986-111,571-481,338-379,631-462,536-698,321-819,306-36,325
Stock-5,389,573-157,519478,3103,544,0381,524,744
Debtors-1,030,5273,950899,1247,140,2201,078,879320,9762,130,3892,743,408772,7867,228,489
Creditors-5,503-69,68975,192-9,890-97,327-362,567185,984-7,087,0547,370,854
Accruals and Deferred Income27,914-966,262735,119-1,853,128-745,649-2,030,578-527,6322,786,02111,804,0241,063,495
Deferred Taxes & Provisions
Cash flow from operations1,904,65824,887211,150-8,394,886274,2324,577,237-796,2562,553,3723,689,278-109,978
Investing Activities
capital expenditure-358,314-748,990
Change in Investments
cash flow from investments-358,314-748,990
Financing Activities
Bank loans
Group/Directors Accounts112,2951,211,036
Other Short Term Loans 86,430-227,033227,033
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-60,725294,757-289,238-138,275115,379107,451203,146196,992-286,243118,315
interest95,4554,467-2,623657-72,860-72,840-72,783-83,910-109,722-76,276
cash flow from financing233,4551,283,227-64,828-137,61842,51934,611130,363113,082-395,96542,039
cash and cash equivalents
cash1,852,093890,416-103,110-1,310,909-620,345-1,581,323-828,6582,083,7372,669,6591,055,715
overdraft-500,000-1,000,0001,500,000
change in cash1,852,093890,416-103,110-1,310,909-620,345-1,581,323-828,6582,583,7373,669,659-444,285

dlg legal services 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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Dlg Legal Services Limited Competitor Analysis

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Perform a competitor analysis for dlg legal services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in LS1 area or any other competitors across 12 key performance metrics.

dlg legal services limited Ownership

DLG LEGAL SERVICES LIMITED group structure

Dlg Legal Services Limited has no subsidiary companies.

Ultimate parent company

2 parents

DLG LEGAL SERVICES LIMITED

08302561

DLG LEGAL SERVICES LIMITED Shareholders

dl insurance services ltd 99.99%
dl insurance services limited 0.01%

dlg legal services limited directors

Dlg Legal Services Limited currently has 7 directors. The longest serving directors include Mr Stuart Tait (Feb 2014) and Mr Anthony Sedgwick (Sep 2019).

officercountryagestartendrole
Mr Stuart TaitEngland53 years Feb 2014- Director
Mr Anthony SedgwickEngland49 years Sep 2019- Director
Mr Mark EvansEngland52 years Feb 2020- Director
Mr Robert Duncan50 years Feb 2020- Director
Ms Lisa VeitchEngland47 years May 2024- Director
Mr Martin Milliner57 years Mar 2025- Director
Mrs Angela YotovEngland47 years Mar 2025- Director

P&L

December 2023

turnover

17.2m

+8%

operating profit

1.1m

-7%

gross margin

55.7%

-10%

turnover

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

Balance Sheet

December 2023

net assets

14.8m

+0.06%

total assets

26.5m

+0.04%

cash

4.1m

+0.82%

net assets

Total assets minus all liabilities

dlg legal services limited company details

company number

08302561

Type

Private limited with Share Capital

industry

69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.

incorporation date

November 2012

age

13

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

newco 3 limited (July 2013)

accountant

-

auditor

DELOITTE LLP

address

the wharf neville street, leeds, yorkshire, LS1 4AZ

Bank

-

Legal Advisor

-

dlg legal services 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 dlg legal services limited.

dlg legal services 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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dlg legal services limited Companies House Filings - See Documents

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