biscoes legal services limited
biscoes legal services limited Company Information
Company Number
10681650
Website
www.biscoes-law.co.ukRegistered Address
lake house 2 port way, port solent, portsmouth, hampshire, PO6 4TY
Industry
Solicitors
Telephone
01983533938
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
stephanie diane bellchambers 16.7%
christopher edward king 16.7%
View Allbiscoes legal services limited Estimated Valuation
Pomanda estimates the enterprise value of BISCOES LEGAL SERVICES LIMITED at £2.7m based on a Turnover of £5.3m and 0.51x industry multiple (adjusted for size and gross margin).
biscoes legal services limited Estimated Valuation
Pomanda estimates the enterprise value of BISCOES LEGAL SERVICES LIMITED at £1.7m based on an EBITDA of £511.6k and a 3.32x industry multiple (adjusted for size and gross margin).
biscoes legal services limited Estimated Valuation
Pomanda estimates the enterprise value of BISCOES LEGAL SERVICES LIMITED at £414.5k based on Net Assets of £1.4m and 0.29x industry multiple (adjusted for liquidity).
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Biscoes Legal Services Limited Overview
Biscoes Legal Services Limited is a live company located in portsmouth, PO6 4TY with a Companies House number of 10681650. It operates in the solicitors sector, SIC Code 69102. Founded in March 2017, it's largest shareholder is stephanie diane bellchambers with a 16.7% stake. Biscoes Legal Services Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.3m with low growth in recent years.
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Biscoes Legal Services Limited Health Check
Pomanda's financial health check has awarded Biscoes Legal Services Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £5.3m, make it larger than the average company (£1.1m)
- Biscoes Legal Services Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.1%)
- Biscoes Legal Services Limited
6.1% - Industry AVG
Production
with a gross margin of 68.6%, this company has a comparable cost of product (68.6%)
- Biscoes Legal Services Limited
68.6% - Industry AVG
Profitability
an operating margin of 9.1% make it as profitable than the average company (10.2%)
- Biscoes Legal Services Limited
10.2% - Industry AVG
Employees
with 125 employees, this is above the industry average (19)
125 - Biscoes Legal Services Limited
19 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Biscoes Legal Services Limited
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £42.8k, this is less efficient (£62.5k)
- Biscoes Legal Services Limited
£62.5k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (57 days)
- Biscoes Legal Services Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (31 days)
- Biscoes Legal Services Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Biscoes Legal Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (32 weeks)
10 weeks - Biscoes Legal Services Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.3%, this is a higher level of debt than the average (46.9%)
60.3% - Biscoes Legal Services Limited
46.9% - Industry AVG
BISCOES LEGAL SERVICES LIMITED financials
Biscoes Legal Services Limited's latest turnover from March 2023 is estimated at £5.3 million and the company has net assets of £1.4 million. According to their latest financial statements, Biscoes Legal Services Limited has 125 employees and maintains cash reserves of £380.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| 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 | 125 | 139 | 131 | 135 | 116 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 92,645 | 104,556 | 125,095 | 146,728 | 119,440 | 0 |
| Intangible Assets | 6,874 | 6,000 | 7,000 | 8,000 | 9,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 99,519 | 110,556 | 132,095 | 154,728 | 128,440 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 497,769 | 450,205 | 365,659 | 320,230 | 311,090 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,646,330 | 2,379,196 | 2,268,101 | 2,420,948 | 2,121,903 | 600 |
| Cash | 380,632 | 338,353 | 738,455 | 148,419 | 29,035 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,524,731 | 3,167,754 | 3,372,215 | 2,889,597 | 2,462,028 | 600 |
| total assets | 3,624,250 | 3,278,310 | 3,504,310 | 3,044,325 | 2,590,468 | 600 |
| Bank overdraft | 563,534 | 562,029 | 543,299 | 449,421 | 557,867 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 26,117 | 35,856 | 23,668 | 72,778 | 81,493 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 6,052 | 11,485 | 10,661 | 9,837 | 0 | 0 |
| other current liabilities | 1,312,288 | 1,083,777 | 1,040,897 | 1,124,393 | 1,042,196 | 0 |
| total current liabilities | 1,907,991 | 1,693,147 | 1,618,525 | 1,656,429 | 1,681,556 | 0 |
| loans | 208,333 | 408,333 | 608,333 | 397,300 | 34,039 | 0 |
| hp & lease commitments | 0 | 6,052 | 17,537 | 28,198 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 68,714 | 67,366 | 71,268 | 37,878 | 32,694 | 0 |
| total long term liabilities | 277,047 | 481,751 | 697,138 | 463,376 | 66,733 | 0 |
| total liabilities | 2,185,038 | 2,174,898 | 2,315,663 | 2,119,805 | 1,748,289 | 0 |
| net assets | 1,439,212 | 1,103,412 | 1,188,647 | 924,520 | 842,179 | 600 |
| total shareholders funds | 1,439,212 | 1,103,412 | 1,188,647 | 924,520 | 842,179 | 600 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 21,411 | 24,350 | 32,797 | 28,991 | 25,624 | 0 |
| Amortisation | 1,711 | 1,000 | 1,000 | 1,000 | 1,000 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 314,698 | 195,641 | -107,418 | 308,185 | 2,432,393 | 600 |
| Creditors | -9,739 | 12,188 | -49,110 | -8,715 | 81,493 | 0 |
| Accruals and Deferred Income | 228,511 | 42,880 | -83,496 | 82,197 | 1,042,196 | 0 |
| Deferred Taxes & Provisions | 1,348 | -3,902 | 33,390 | 5,184 | 32,694 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -200,000 | -200,000 | 211,033 | 363,261 | 34,039 | 0 |
| Hire Purchase and Lease Commitments | -11,485 | -10,661 | -9,837 | 38,035 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 42,279 | -400,102 | 590,036 | 119,384 | 29,035 | 0 |
| overdraft | 1,505 | 18,730 | 93,878 | -108,446 | 557,867 | 0 |
| change in cash | 40,774 | -418,832 | 496,158 | 227,830 | -528,832 | 0 |
biscoes legal services limited Credit Report and Business Information
Biscoes Legal Services Limited Competitor Analysis
Perform a competitor analysis for biscoes legal services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in PO6 area or any other competitors across 12 key performance metrics.
biscoes legal services limited Ownership
BISCOES LEGAL SERVICES LIMITED group structure
Biscoes Legal Services Limited has no subsidiary companies.
Ultimate parent company
BISCOES LEGAL SERVICES LIMITED
10681650
biscoes legal services limited directors
Biscoes Legal Services Limited currently has 11 directors. The longest serving directors include Ms Alison Lee (Mar 2017) and Mr Richard Barnes (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Alison Lee | England | 55 years | Mar 2017 | - | Director |
| Mr Richard Barnes | England | 64 years | Dec 2017 | - | Director |
| Mrs Stephanie Bellchambers | England | 40 years | Dec 2017 | - | Director |
| Mr Timothy Gamester | England | 43 years | Dec 2017 | - | Director |
| Mr Christopher King | England | 50 years | Jan 2018 | - | Director |
| Ms Sarra Gravestock | England | 44 years | Apr 2019 | - | Director |
| Mrs Liyen Clutton | England | 37 years | Aug 2020 | - | Director |
| Mrs Courtney Hamer | England | 36 years | Apr 2022 | - | Director |
| Mr Kevin Richardson | England | 52 years | Jun 2023 | - | Director |
| Mrs Charlotte Oldham | England | 41 years | Jun 2023 | - | Director |
P&L
March 2023turnover
5.3m
0%
operating profit
488.4k
0%
gross margin
68.6%
+7.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.4m
+0.3%
total assets
3.6m
+0.11%
cash
380.6k
+0.12%
net assets
Total assets minus all liabilities
biscoes legal services limited company details
company number
10681650
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
March 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
biscoes group limited (November 2017)
last accounts submitted
March 2023
address
lake house 2 port way, port solent, portsmouth, hampshire, PO6 4TY
accountant
JOHNSTON WOOD ROACH LIMITED
auditor
-
biscoes 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 found 3 charges/mortgages relating to biscoes legal services limited. Currently there are 1 open charges and 2 have been satisfied in the past.
biscoes legal services limited Companies House Filings - See Documents
| date | description | view/download |
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