daniells family law limited
daniells family law limited Company Information
Company Number
09840766
Website
www.daniellsfamilylaw.co.ukRegistered Address
victoria house victoria street, taunton, somerset, TA1 3FA
Industry
Solicitors
Telephone
01823475101
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
rachel jane daniells 99%
ian charlton daniells 1%
daniells family law limited Estimated Valuation
Pomanda estimates the enterprise value of DANIELLS FAMILY LAW LIMITED at £172.8k based on a Turnover of £359.3k and 0.48x industry multiple (adjusted for size and gross margin).
daniells family law limited Estimated Valuation
Pomanda estimates the enterprise value of DANIELLS FAMILY LAW LIMITED at £418.3k based on an EBITDA of £135.6k and a 3.08x industry multiple (adjusted for size and gross margin).
daniells family law limited Estimated Valuation
Pomanda estimates the enterprise value of DANIELLS FAMILY LAW LIMITED at £1.1m based on Net Assets of £736.6k and 1.51x industry multiple (adjusted for liquidity).
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Daniells Family Law Limited Overview
Daniells Family Law Limited is a live company located in somerset, TA1 3FA with a Companies House number of 09840766. It operates in the solicitors sector, SIC Code 69102. Founded in October 2015, it's largest shareholder is rachel jane daniells with a 99% stake. Daniells Family Law Limited is a young, micro sized company, Pomanda has estimated its turnover at £359.3k with high growth in recent years.
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Daniells Family Law Limited Health Check
Pomanda's financial health check has awarded Daniells Family Law Limited a 4.5 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
4 Strong
3 Regular
5 Weak
Size
annual sales of £359.3k, make it smaller than the average company (£1.1m)
- Daniells Family Law Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (6.1%)
- Daniells Family Law Limited
6.1% - Industry AVG
Production
with a gross margin of 67%, this company has a comparable cost of product (67%)
- Daniells Family Law Limited
67% - Industry AVG
Profitability
an operating margin of 36.2% make it more profitable than the average company (10.1%)
- Daniells Family Law Limited
10.1% - Industry AVG
Employees
with 7 employees, this is below the industry average (19)
7 - Daniells Family Law Limited
19 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Daniells Family Law Limited
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £51.3k, this is less efficient (£63k)
- Daniells Family Law Limited
£63k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is near the average (57 days)
- Daniells Family Law Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (31 days)
- Daniells Family Law Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 492 days, this is more than average (169 days)
- Daniells Family Law Limited
169 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 341 weeks, this is more cash available to meet short term requirements (32 weeks)
341 weeks - Daniells Family Law Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.3%, this is a lower level of debt than the average (47.9%)
11.3% - Daniells Family Law Limited
47.9% - Industry AVG
DANIELLS FAMILY LAW LIMITED financials
Daniells Family Law Limited's latest turnover from March 2023 is estimated at £359.3 thousand and the company has net assets of £736.6 thousand. According to their latest financial statements, Daniells Family Law Limited has 7 employees and maintains cash reserves of £597.6 thousand 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 7 | 5 | 4 | 5 | 6 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,000 | 13,836 | 9,674 | 8,264 | 6,511 | 2,897 | 1,874 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,000 | 13,836 | 9,674 | 8,264 | 6,511 | 2,897 | 1,874 | 0 |
| Stock & work in progress | 160,000 | 155,000 | 155,000 | 154,865 | 155,167 | 0 | 0 | 0 |
| Trade Debtors | 55,563 | 3,951 | 3,809 | 9,295 | 5,858 | 367,635 | 250,719 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 3,203 | 0 | 0 | 0 |
| Cash | 597,601 | 528,482 | 412,528 | 284,910 | 231,030 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 813,164 | 687,433 | 571,337 | 449,070 | 395,258 | 367,635 | 250,719 | 0 |
| total assets | 830,164 | 701,269 | 581,011 | 457,334 | 401,769 | 370,532 | 252,593 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,504 | 8,880 | 2,400 | 2,386 | 3,594 | 104,573 | 104,179 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 87,508 | 77,026 | 57,876 | 56,087 | 64,798 | 0 | 0 | 0 |
| total current liabilities | 91,012 | 85,906 | 60,276 | 58,473 | 68,392 | 104,573 | 104,179 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 4,560 | 1,500 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,593 | 3,459 | 1,838 | 1,570 | 1,237 | 0 | 0 | 0 |
| total long term liabilities | 2,593 | 3,459 | 1,838 | 1,570 | 1,237 | 4,560 | 1,500 | 0 |
| total liabilities | 93,605 | 89,365 | 62,114 | 60,043 | 69,629 | 109,133 | 105,679 | 0 |
| net assets | 736,559 | 611,904 | 518,897 | 397,291 | 332,140 | 261,399 | 146,914 | 0 |
| total shareholders funds | 736,559 | 611,904 | 518,897 | 397,291 | 332,140 | 261,399 | 146,914 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 5,677 | 4,619 | 3,234 | 2,756 | 2,172 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||
| Stock | 5,000 | 0 | 135 | -302 | 155,167 | 0 | 0 | 0 |
| Debtors | 51,612 | 142 | -5,486 | 234 | -358,574 | 116,916 | 250,719 | 0 |
| Creditors | -5,376 | 6,480 | 14 | -1,208 | -100,979 | 394 | 104,179 | 0 |
| Accruals and Deferred Income | 10,482 | 19,150 | 1,789 | -8,711 | 60,238 | 3,060 | 1,500 | 0 |
| Deferred Taxes & Provisions | -866 | 1,621 | 268 | 333 | 1,237 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 69,119 | 115,954 | 127,618 | 53,880 | 231,030 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 69,119 | 115,954 | 127,618 | 53,880 | 231,030 | 0 | 0 | 0 |
daniells family law limited Credit Report and Business Information
Daniells Family Law Limited Competitor Analysis
Perform a competitor analysis for daniells family law limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TA1 area or any other competitors across 12 key performance metrics.
daniells family law limited Ownership
DANIELLS FAMILY LAW LIMITED group structure
Daniells Family Law Limited has no subsidiary companies.
Ultimate parent company
DANIELLS FAMILY LAW LIMITED
09840766
daniells family law limited directors
Daniells Family Law Limited currently has 4 directors. The longest serving directors include Mr Ian Daniells (Oct 2015) and Mrs Rachel Daniells (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Daniells | 62 years | Oct 2015 | - | Director | |
| Mrs Rachel Daniells | 59 years | Oct 2015 | - | Director | |
| Mr Ian Daniells | England | 62 years | Oct 2015 | - | Director |
| Mr Thomas Biggs | United Kingdom | 36 years | Apr 2023 | - | Director |
P&L
March 2023turnover
359.3k
+112%
operating profit
130k
0%
gross margin
67.1%
+5.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
736.6k
+0.2%
total assets
830.2k
+0.18%
cash
597.6k
+0.13%
net assets
Total assets minus all liabilities
daniells family law limited company details
company number
09840766
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
October 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
WESTCOTTS
auditor
-
address
victoria house victoria street, taunton, somerset, TA1 3FA
Bank
SANTANDER
Legal Advisor
-
daniells family law 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 daniells family law limited.
daniells family law limited Companies House Filings - See Documents
| date | description | view/download |
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