bc legal limited
bc legal limited Company Information
Company Number
08963320
Website
www.bc-legal.co.ukRegistered Address
9 & 11 nelson street, southend on sea, essex, SS1 1EF
Industry
Solicitors
Telephone
01702568710
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
charlotte emily owen 50%
alexander george boris cetnik 50%
bc legal limited Estimated Valuation
Pomanda estimates the enterprise value of BC LEGAL LIMITED at £2.1m based on a Turnover of £3m and 0.67x industry multiple (adjusted for size and gross margin).
bc legal limited Estimated Valuation
Pomanda estimates the enterprise value of BC LEGAL LIMITED at £1.9m based on an EBITDA of £565.7k and a 3.39x industry multiple (adjusted for size and gross margin).
bc legal limited Estimated Valuation
Pomanda estimates the enterprise value of BC LEGAL LIMITED at £3.6m based on Net Assets of £2m and 1.77x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bc Legal Limited Overview
Bc Legal Limited is a live company located in essex, SS1 1EF with a Companies House number of 08963320. It operates in the solicitors sector, SIC Code 69102. Founded in March 2014, it's largest shareholder is charlotte emily owen with a 50% stake. Bc Legal Limited is a established, small sized company, Pomanda has estimated its turnover at £3m with declining growth in recent years.
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Bc Legal Limited Health Check
Pomanda's financial health check has awarded Bc Legal Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £3m, make it larger than the average company (£1.5m)
- Bc Legal Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (5.7%)
- Bc Legal Limited
5.7% - Industry AVG
Production
with a gross margin of 66.7%, this company has a comparable cost of product (66.7%)
- Bc Legal Limited
66.7% - Industry AVG
Profitability
an operating margin of 18.4% make it more profitable than the average company (10.2%)
- Bc Legal Limited
10.2% - Industry AVG
Employees
with 27 employees, this is similar to the industry average (22)
27 - Bc Legal Limited
22 - Industry AVG
Pay Structure
on an average salary of £36k, the company has an equivalent pay structure (£36k)
- Bc Legal Limited
£36k - Industry AVG
Efficiency
resulting in sales per employee of £112.8k, this is more efficient (£67.7k)
- Bc Legal Limited
£67.7k - Industry AVG
Debtor Days
it gets paid by customers after 128 days, this is later than average (68 days)
- Bc Legal Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (26 days)
- Bc Legal Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bc Legal Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (21 weeks)
35 weeks - Bc Legal Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.4%, this is a lower level of debt than the average (55%)
14.4% - Bc Legal Limited
55% - Industry AVG
BC LEGAL LIMITED financials
Bc Legal Limited's latest turnover from December 2022 is estimated at £3 million and the company has net assets of £2 million. According to their latest financial statements, Bc Legal Limited has 27 employees and maintains cash reserves of £164.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,896,852 | 8,436,362 | 8,524,119 | 7,637,490 | 5,040,991 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 2,193,406 | 4,135,648 | 4,392,775 | 3,167,968 | 2,117,370 | ||||
| Gross Profit | 1,703,446 | 4,300,714 | 4,131,344 | 4,469,522 | 2,923,621 | ||||
| Admin Expenses | 2,669,130 | 4,170,802 | 3,505,607 | 3,121,173 | 2,371,381 | ||||
| Operating Profit | -965,684 | 129,912 | 625,737 | 1,348,349 | 552,240 | ||||
| Interest Payable | 0 | 2,707 | 0 | 0 | |||||
| Interest Receivable | 3,690 | 402 | 278 | 767 | 166 | ||||
| Pre-Tax Profit | -961,994 | 127,607 | 626,015 | 1,349,116 | 552,406 | ||||
| Tax | 214,361 | 36,682 | -73,491 | -211,962 | -134,735 | ||||
| Profit After Tax | -747,633 | 164,289 | 552,524 | 1,137,154 | 417,671 | ||||
| Dividends Paid | 64,600 | 34,000 | 113,200 | 0 | 0 | ||||
| Retained Profit | -812,233 | 130,289 | 439,324 | 1,137,154 | 417,671 | ||||
| Employee Costs | 2,641,869 | 4,775,436 | 5,066,099 | 3,577,747 | 2,248,111 | ||||
| Number Of Employees | 27 | 41 | 48 | 60 | 98 | 101 | 91 | ||
| EBITDA* | 259,546 | 1,839,754 | 2,085,105 | 2,799,891 | 1,995,557 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 5,250 | 17,310 | 39,612 | 98,175 | 154,726 | 189,986 | 173,266 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 1,166,667 | 2,800,000 | 7,000,000 | 8,400,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 5,250 | 17,310 | 39,612 | 1,264,842 | 2,954,726 | 7,189,986 | 8,573,266 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,069,382 | 427,899 | 750,485 | 1,281,665 | 2,142,226 | 2,900,272 | 2,623,021 | 1,906,448 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,157,791 | 1,156,260 | 1,226,413 | 1,395,370 | 1,310,706 | 975,742 | 141,851 | 77,025 | 0 |
| Cash | 164,584 | 716,283 | 1,012,256 | 567,648 | 480,416 | 180,803 | 58,328 | 196,704 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 113,326 | 0 | 0 | 0 | 0 |
| total current assets | 2,391,757 | 2,300,442 | 2,989,154 | 3,244,683 | 4,046,674 | 4,056,817 | 2,823,200 | 2,180,177 | 0 |
| total assets | 2,391,757 | 2,305,692 | 3,006,464 | 3,284,295 | 5,311,516 | 7,011,543 | 10,013,186 | 10,753,443 | 0 |
| Bank overdraft | 64,245 | 60,534 | 21,933 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 51,886 | 127,208 | 103,369 | 334,070 | 461,213 | 100,697 | 134,458 | 152,064 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 1,378,147 | 38,222 | 1,113,505 | 2,510,987 | 1,278,216 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 125,723 | 355,070 | 1,075,999 | 259,773 | 473,795 | 1,576,098 | 778,394 | 375,098 | 0 |
| total current liabilities | 241,854 | 542,812 | 1,201,301 | 1,971,990 | 973,230 | 2,790,300 | 3,423,839 | 1,805,378 | 0 |
| loans | 103,287 | 167,532 | 228,067 | 0 | 0 | 0 | 0 | 3,500,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 13,748 | 26,994 | 34,422 | 30,294 | 0 |
| total long term liabilities | 103,287 | 167,532 | 228,067 | 0 | 13,748 | 26,994 | 34,422 | 3,530,294 | 0 |
| total liabilities | 345,141 | 710,344 | 1,429,368 | 1,971,990 | 986,978 | 2,817,294 | 3,458,261 | 5,335,672 | 0 |
| net assets | 2,046,616 | 1,595,348 | 1,577,096 | 1,312,305 | 4,324,538 | 4,194,249 | 6,554,925 | 5,417,771 | 0 |
| total shareholders funds | 2,046,616 | 1,595,348 | 1,577,096 | 1,312,305 | 4,324,538 | 4,194,249 | 6,554,925 | 5,417,771 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -965,684 | 129,912 | 625,737 | 1,348,349 | 552,240 | ||||
| Depreciation | 5,250 | 12,060 | 22,302 | 58,563 | 76,509 | 59,368 | 51,542 | 43,317 | |
| Amortisation | 0 | 0 | 0 | 1,166,667 | 1,633,333 | 1,400,000 | 1,400,000 | 1,400,000 | |
| Tax | 214,361 | 36,682 | -73,491 | -211,962 | -134,735 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 643,014 | -392,739 | -700,137 | -775,897 | -423,082 | 1,111,142 | 781,399 | 1,983,473 | 0 |
| Creditors | -75,322 | 23,839 | -230,701 | -127,143 | 360,516 | -33,761 | -17,606 | 152,064 | 0 |
| Accruals and Deferred Income | -229,347 | -720,929 | 816,226 | -214,022 | -1,102,303 | 797,704 | 403,296 | 375,098 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -13,748 | -13,246 | -7,428 | 4,128 | 30,294 | 0 |
| Cash flow from operations | 894,891 | 1,544,485 | 1,656,987 | 2,196,348 | 434,805 | ||||
| Investing Activities | |||||||||
| capital expenditure | 0 | -19,958 | -24,108 | -68,262 | -10,016,583 | ||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -19,958 | -24,108 | -68,262 | -10,016,583 | ||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -1,378,147 | 1,339,925 | -1,075,283 | -1,397,482 | 1,232,771 | 1,278,216 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -64,245 | -60,535 | 228,067 | 0 | 0 | 0 | -3,500,000 | 3,500,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 3,690 | -2,305 | 278 | 166 | |||||
| cash flow from financing | -856,385 | -1,077,588 | -4,197,204 | 9,778,482 | |||||
| cash and cash equivalents | |||||||||
| cash | -551,699 | -295,973 | 444,608 | 87,232 | 299,613 | 122,475 | -138,376 | 196,704 | 0 |
| overdraft | 3,711 | 38,601 | 21,933 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -555,410 | -334,574 | 422,675 | 87,232 | 299,613 | 122,475 | -138,376 | 196,704 | 0 |
bc legal limited Credit Report and Business Information
Bc Legal Limited Competitor Analysis
Perform a competitor analysis for bc legal limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
bc legal limited Ownership
BC LEGAL LIMITED group structure
Bc Legal Limited has no subsidiary companies.
Ultimate parent company
BC LEGAL LIMITED
08963320
bc legal limited directors
Bc Legal Limited currently has 2 directors. The longest serving directors include Miss Charlotte Owen (Mar 2014) and Mr Alexander Cetnik (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Charlotte Owen | United Kingdom | 46 years | Mar 2014 | - | Director |
| Mr Alexander Cetnik | United Kingdom | 56 years | Mar 2014 | - | Director |
P&L
December 2022turnover
3m
+38%
operating profit
560.5k
0%
gross margin
66.8%
+15.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2m
+0.28%
total assets
2.4m
+0.04%
cash
164.6k
-0.77%
net assets
Total assets minus all liabilities
Similar Companies
bc legal limited company details
company number
08963320
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
March 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
cb southend limited (November 2014)
incorporated
UK
address
9 & 11 nelson street, southend on sea, essex, SS1 1EF
last accounts submitted
December 2022
bc legal 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 1 charges/mortgages relating to bc legal limited. Currently there are 1 open charges and 0 have been satisfied in the past.
bc legal limited Companies House Filings - See Documents
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