Pomanda estimates the enterprise value of NEW SOUTH LAW LIMITED at £349.5k based on a Turnover of £627.4k and 0.56x industry multiple (adjusted for size and gross margin).
new south law limitedEstimated Valuation
£69.4k
Pomanda estimates the enterprise value of NEW SOUTH LAW LIMITED at £69.4k based on an EBITDA of £20.4k and a 3.4x industry multiple (adjusted for size and gross margin).
new south law limitedEstimated Valuation
£658.7k
Pomanda estimates the enterprise value of NEW SOUTH LAW LIMITED at £658.7k based on Net Assets of £379.2k and 1.74x industry multiple (adjusted for liquidity).
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New South Law LimitedOverview
New South Law Limited is a live company located in littlehampton, BN17 6BP with a Companies House number of 10725076. It operates in the solicitors sector, SIC Code 69102. Founded in April 2017, it's largest shareholder is
ben parslow
with a 33.3% stake. New South Law Limited is a young,
small sized company, Pomanda has estimated its turnover at
£627.4k with
rapid
growth in recent years.
Pomanda's financial health check has awarded New South Law Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
4 Regular
3 Weak
Size
annual sales of £627.4k, make it smaller than the average company (£1.4m)
£627.4k - New South Law Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (7%)
52% - New South Law Limited
7% - Industry AVG
Production
with a gross margin of 63.8%, this company has a comparable cost of product (63.8%)
63.8% - New South Law Limited
63.8% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (9.6%)
2.9% - New South Law Limited
9.6% - Industry AVG
Employees
with 9 employees, this is below the industry average (24)
9 - New South Law Limited
24 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
£41.6k - New South Law Limited
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £69.7k, this is equally as efficient (£75.3k)
£69.7k - New South Law Limited
£75.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - New South Law Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 112 days, this is slower than average (26 days)
112 days - New South Law Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - New South Law Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 67 weeks, this is more cash available to meet short term requirements (20 weeks)
67 weeks - New South Law Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.3%, this is a similar level of debt than the average (54.9%)
52.3% - New South Law Limited
54.9% - Industry AVG
NEW SOUTH LAW LIMITED financials
EXPORT
New South Law Limited's latest turnover from April 2024 is estimated at £627.4 thousand and the company has net assets of £379.2 thousand. According to their latest financial statements, New South Law Limited has 9 employees and maintains cash reserves of £536.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Turnover
627,358
539,937
321,286
178,685
306,683
408,540
137,535
Other Income Or Grants
Cost Of Sales
227,372
162,768
96,616
75,162
133,850
157,308
36,571
Gross Profit
399,986
377,169
224,670
103,523
172,833
251,233
100,965
Admin Expenses
381,745
-82,314
-139,477
115,094
184,691
486,427
109,090
Operating Profit
18,241
459,483
364,147
-11,571
-11,858
-235,194
-8,125
Interest Payable
26,443
19,101
1,525
Interest Receivable
23,204
14,348
1,526
43
3
Pre-Tax Profit
41,445
447,388
346,572
-13,053
-11,855
-235,194
-8,125
Tax
-10,361
-111,847
-65,849
Profit After Tax
31,084
335,541
280,723
-13,053
-11,855
-235,194
-8,125
Dividends Paid
Retained Profit
31,084
335,541
280,723
-13,053
-11,855
-235,194
-8,125
Employee Costs
374,464
313,711
212,500
166,221
171,391
273,351
130,501
Number Of Employees
9
8
6
5
5
8
4
EBITDA*
20,393
460,694
365,135
-11,571
-11,858
-235,194
-8,125
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Tangible Assets
7,798
8,619
3,755
1,617
2,271
2,444
Intangible Assets
4,344
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
12,142
8,619
3,755
1,617
2,271
2,444
Stock & work in progress
Trade Debtors
50,577
2,516
5,711
11,016
1,105
Group Debtors
Misc Debtors
246,093
566,210
473,289
95
Cash
536,162
347,796
327,425
79,401
6,799
misc current assets
total current assets
782,255
914,006
851,291
82,012
12,510
11,016
1,105
total assets
794,397
922,625
855,046
83,629
14,781
13,460
1,105
Bank overdraft
Bank loan
510,648
8,615
Trade Creditors
70,276
94,832
44,502
114
268,103
255,279
8,630
Group/Directors Accounts
30,594
105,414
246,664
other short term finances
hp & lease commitments
other current liabilities
343,165
448,045
175,631
54,976
1,750
total current liabilities
413,441
573,471
836,195
310,369
269,853
255,279
8,630
loans
5,314
41,385
hp & lease commitments
Accruals and Deferred Income
1,500
600
other liabilities
provisions
1,733
1,015
939
total long term liabilities
1,733
1,015
6,253
41,385
1,500
600
total liabilities
415,174
574,486
842,448
351,754
269,853
256,779
9,230
net assets
379,223
348,139
12,598
-268,125
-255,072
-243,319
-8,125
total shareholders funds
379,223
348,139
12,598
-268,125
-255,072
-243,319
-8,125
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Operating Activities
Operating Profit
18,241
459,483
364,147
-11,571
-11,858
-235,194
-8,125
Depreciation
1,923
1,211
988
Amortisation
229
Tax
-10,361
-111,847
-65,849
Stock
Debtors
-320,117
42,344
521,255
-3,100
-5,305
9,911
1,105
Creditors
-24,556
50,330
44,388
-267,989
12,824
246,649
8,630
Accruals and Deferred Income
-104,880
272,414
120,655
53,226
250
900
600
Deferred Taxes & Provisions
718
76
939
Cash flow from operations
201,431
629,323
-55,987
-223,234
6,521
2,444
Investing Activities
capital expenditure
-5,675
-6,075
-3,126
654
173
-2,444
Change in Investments
cash flow from investments
-5,675
-6,075
-3,126
654
173
-2,444
Financing Activities
Bank loans
-510,648
502,033
8,615
Group/Directors Accounts
-30,594
-74,820
-141,250
246,664
Other Short Term Loans
Long term loans
-5,314
-36,071
41,385
Hire Purchase and Lease Commitments
other long term liabilities
share issue
102
interest
23,204
-12,095
-17,575
-1,482
3
cash flow from financing
-7,390
-602,877
307,137
295,182
105
cash and cash equivalents
cash
188,366
20,371
248,024
72,602
6,799
overdraft
change in cash
188,366
20,371
248,024
72,602
6,799
new south law limited 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 new south law limited. Get real-time insights into new south law limited's credit score, group structure and payment trends.
Perform a competitor analysis for new south law limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BN17 area or any other competitors across 12 key performance metrics.
new south law limited Ownership
NEW SOUTH LAW LIMITED group structure
New South Law Limited has no subsidiary companies.
Ultimate parent company
NEW SOUTH LAW LIMITED
10725076
NEW SOUTH LAW LIMITED Shareholders
The largest shareholders in New South Law Limited include Ben Parslow and Peter O'Donnell.
ben parslow
33.33%
peter o'donnell
23.53%
michael coyne
16.67%
elaine coyne
16.67%
nsl (gr)holdings ltd
9.8%
new south law limited directors
New South Law Limited currently has 6 directors.
The longest serving directors include
Mr Ben Parslow (Apr 2017) and
Mr Peter O'Donnell (Apr 2017).
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 2 charges/mortgages relating to new south law limited. Currently there are 0 open charges and 2 have been satisfied in the past.
new south law 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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new south law limitedCompanies House Filings - See Documents
