mcmillan williams solicitors ltdEstimated Valuation
£39.3m
Pomanda estimates the enterprise value of MCMILLAN WILLIAMS SOLICITORS LTD at £39.3m based on a Turnover of £31.4m and 1.25x industry multiple (adjusted for size and gross margin).
mcmillan williams solicitors ltdEstimated Valuation
£10.8m
Pomanda estimates the enterprise value of MCMILLAN WILLIAMS SOLICITORS LTD at £10.8m based on an EBITDA of £1.6m and a 6.77x industry multiple (adjusted for size and gross margin).
mcmillan williams solicitors ltdEstimated Valuation
£2.7m
Pomanda estimates the enterprise value of MCMILLAN WILLIAMS SOLICITORS LTD at £2.7m based on Net Assets of £1.6m and 1.67x industry multiple (adjusted for liquidity).
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Mcmillan Williams Solicitors LtdOverview
Mcmillan Williams Solicitors Ltd is a live company located in brighton, BN1 4EA with a Companies House number of 08718037. It operates in the solicitors sector, SIC Code 69102. Founded in October 2013, it's largest shareholder is
john gordon sandford mcmillan
with a 37.5% stake. Mcmillan Williams Solicitors Ltd is a established,
large sized company, Pomanda has estimated its turnover at
£31.4m with
low
growth in recent years.
Pomanda's financial health check has awarded Mcmillan Williams Solicitors Ltd a 2.5 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 Rating2.5out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of £31.4m, make it larger than the average company (£1m)
£31.4m - Mcmillan Williams Solicitors Ltd
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.7%)
3% - Mcmillan Williams Solicitors Ltd
5.7% - Industry AVG
Production
with a gross margin of 96.6%, this company has a lower cost of product (61.3%)
96.6% - Mcmillan Williams Solicitors Ltd
61.3% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (6.9%)
1% - Mcmillan Williams Solicitors Ltd
6.9% - Industry AVG
Employees
with 422 employees, this is above the industry average (19)
422 - Mcmillan Williams Solicitors Ltd
19 - Industry AVG
Pay Structure
on an average salary of £51.7k, the company has a higher pay structure (£34.3k)
£51.7k - Mcmillan Williams Solicitors Ltd
£34.3k - Industry AVG
Efficiency
resulting in sales per employee of £74.5k, this is equally as efficient (£66.8k)
£74.5k - Mcmillan Williams Solicitors Ltd
£66.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mcmillan Williams Solicitors Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1117 days, this is slower than average (37 days)
1117 days - Mcmillan Williams Solicitors Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mcmillan Williams Solicitors Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Mcmillan Williams Solicitors Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.7%, this is a higher level of debt than the average (61.5%)
92.7% - Mcmillan Williams Solicitors Ltd
61.5% - Industry AVG
MCMILLAN WILLIAMS SOLICITORS LTD financials
EXPORT
Mcmillan Williams Solicitors Ltd's latest turnover from April 2019 is £31.4 million and the company has net assets of £1.6 million. According to their latest financial statements, Mcmillan Williams Solicitors Ltd has 422 employees and maintains cash reserves of £38 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Oct 2014
Turnover
31,428,000
31,256,000
27,355,000
28,962,000
Other Income Or Grants
Cost Of Sales
1,068,000
908,000
690,000
771,000
Gross Profit
30,360,000
30,348,000
26,665,000
28,191,000
Admin Expenses
30,048,000
31,330,000
28,069,000
27,476,000
Operating Profit
312,000
-982,000
-1,404,000
715,000
Interest Payable
1,993,000
1,333,000
1,171,000
584,000
Interest Receivable
633,000
452,000
529,000
774,000
Pre-Tax Profit
-1,681,000
-2,315,000
-2,046,000
905,000
Tax
-2,000
83,000
252,000
-208,000
Profit After Tax
-1,683,000
-2,232,000
-1,794,000
697,000
Dividends Paid
Retained Profit
-1,683,000
-2,232,000
-1,794,000
697,000
Employee Costs
21,818,000
24,054,000
20,809,000
20,075,000
Number Of Employees
422
467
436
353
EBITDA*
1,593,000
214,000
-296,000
1,649,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Oct 2014
Tangible Assets
2,254,000
2,440,000
2,474,000
2,441,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,254,000
2,440,000
2,474,000
2,441,000
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
5,353,000
5,230,000
4,917,000
2,782,000
Cash
38,000
233,000
490,000
misc current assets
14,305,000
12,376,000
10,931,000
9,258,000
total current assets
19,696,000
17,606,000
16,081,000
12,530,000
total assets
21,950,000
20,046,000
18,555,000
14,971,000
Bank overdraft
4,179,000
5,059,000
4,182,000
2,800,000
Bank loan
Trade Creditors
3,270,000
3,025,000
1,507,000
382,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
3,083,000
3,062,000
2,786,000
3,286,000
total current liabilities
10,532,000
11,146,000
8,475,000
6,468,000
loans
9,809,000
5,608,000
5,128,000
5,139,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
9,809,000
5,608,000
5,128,000
5,139,000
total liabilities
20,341,000
16,754,000
13,603,000
11,607,000
net assets
1,609,000
3,292,000
4,952,000
3,364,000
total shareholders funds
1,609,000
3,292,000
4,952,000
3,364,000
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Oct 2014
Operating Activities
Operating Profit
312,000
-982,000
-1,404,000
715,000
Depreciation
1,281,000
1,196,000
1,108,000
934,000
Amortisation
Tax
-2,000
83,000
252,000
-208,000
Stock
Debtors
123,000
313,000
2,135,000
2,782,000
Creditors
245,000
1,518,000
1,125,000
382,000
Accruals and Deferred Income
21,000
276,000
-500,000
3,286,000
Deferred Taxes & Provisions
Cash flow from operations
1,734,000
1,778,000
-1,554,000
2,327,000
Investing Activities
capital expenditure
-1,095,000
-1,162,000
-1,141,000
-1,215,000
Change in Investments
cash flow from investments
-1,095,000
-1,162,000
-1,141,000
-1,215,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
4,201,000
480,000
-11,000
5,139,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
572,000
3,382,000
2,667,000
interest
-1,360,000
-881,000
-642,000
190,000
cash flow from financing
2,841,000
171,000
2,729,000
7,996,000
cash and cash equivalents
cash
38,000
-233,000
-257,000
490,000
overdraft
-880,000
877,000
1,382,000
2,800,000
change in cash
918,000
-1,110,000
-1,639,000
-2,310,000
mcmillan williams solicitors ltd 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 mcmillan williams solicitors ltd. Get real-time insights into mcmillan williams solicitors ltd's credit score, group structure and payment trends.
Mcmillan Williams Solicitors Ltd Competitor Analysis
Perform a competitor analysis for mcmillan williams solicitors ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in BN1 area or any other competitors across 12 key performance metrics.
mcmillan williams solicitors ltd Ownership
MCMILLAN WILLIAMS SOLICITORS LTD group structure
Mcmillan Williams Solicitors Ltd has no subsidiary companies.
Ultimate parent company
MCMILLAN WILLIAMS SOLICITORS LTD
08718037
MCMILLAN WILLIAMS SOLICITORS LTD Shareholders
The largest shareholders in Mcmillan Williams Solicitors Ltd include John Gordon Sandford Mcmillan and Bgf Nominees Ltd.
john gordon sandford mcmillan
37.5%
bgf nominees ltd
27.26%
colum jeffrey arment smith
16.58%
mcmillan williams solicitors limited
4.45%
dominic harrison
3.14%
michael andrew mcgrath
2.87%
mark woolhouse
1.89%
colston trustees limited
1.85%
christopher david riddle
1.22%
william michael
0.86%
mcmillan williams solicitors ltd directors
Mcmillan Williams Solicitors Ltd currently has 4 directors.
The longest serving directors include
Mr Dominic Harrison (Jan 2018) and
Mr John McMillan (May 2018).
mcmillan williams solicitors 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 found 4 charges/mortgages relating to mcmillan williams solicitors ltd. Currently there are 2 open charges and 2 have been satisfied in the past.
mcmillan williams solicitors ltd 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 MCMILLAN WILLIAMS SOLICITORS LTD. This can take several minutes, an email will notify you when this has completed.
mcmillan williams solicitors ltdCompanies House Filings - See Documents
