nolans law ltd
nolans law ltd Company Information
Company Number
SC497706
Next Accounts
Dec 2025
Shareholders
simon denis nolan
paul mcmahon
Group Structure
View All
Industry
Solicitors
Registered Address
donaldson house, 39 donaldson street, glasgow, G66 1XE
Website
http://nolmac.comnolans law ltd Estimated Valuation
Pomanda estimates the enterprise value of NOLANS LAW LTD at £404k based on a Turnover of £849k and 0.48x industry multiple (adjusted for size and gross margin).
nolans law ltd Estimated Valuation
Pomanda estimates the enterprise value of NOLANS LAW LTD at £121.6k based on an EBITDA of £41.8k and a 2.9x industry multiple (adjusted for size and gross margin).
nolans law ltd Estimated Valuation
Pomanda estimates the enterprise value of NOLANS LAW LTD at £1.1m based on Net Assets of £612.1k and 1.74x industry multiple (adjusted for liquidity).
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Nolans Law Ltd Overview
Nolans Law Ltd is a live company located in glasgow, G66 1XE with a Companies House number of SC497706. It operates in the solicitors sector, SIC Code 69102. Founded in February 2015, it's largest shareholder is simon denis nolan with a 66.7% stake. Nolans Law Ltd is a established, small sized company, Pomanda has estimated its turnover at £849k with low growth in recent years.
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Nolans Law Ltd Health Check
Pomanda's financial health check has awarded Nolans Law Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £849k, make it smaller than the average company (£1.1m)
- Nolans Law Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (7%)
- Nolans Law Ltd
7% - Industry AVG
Production
with a gross margin of 43.7%, this company has a higher cost of product (68.3%)
- Nolans Law Ltd
68.3% - Industry AVG
Profitability
an operating margin of -3.9% make it less profitable than the average company (9.4%)
- Nolans Law Ltd
9.4% - Industry AVG
Employees
with 20 employees, this is above the industry average (16)
20 - Nolans Law Ltd
16 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
- Nolans Law Ltd
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £42.5k, this is less efficient (£68.5k)
- Nolans Law Ltd
£68.5k - Industry AVG
Debtor Days
it gets paid by customers after 137 days, this is later than average (63 days)
- Nolans Law Ltd
63 days - Industry AVG
Creditor Days
its suppliers are paid after 371 days, this is slower than average (24 days)
- Nolans Law Ltd
24 days - Industry AVG
Stock Days
it holds stock equivalent to 131 days, this is less than average (205 days)
- Nolans Law Ltd
205 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (32 weeks)
55 weeks - Nolans Law Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.7%, this is a similar level of debt than the average (45.5%)
44.7% - Nolans Law Ltd
45.5% - Industry AVG
NOLANS LAW LTD financials
Nolans Law Ltd's latest turnover from March 2024 is estimated at £849 thousand and the company has net assets of £612.1 thousand. According to their latest financial statements, Nolans Law Ltd has 20 employees and maintains cash reserves of £516.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,471,174 | 1,710,687 | |||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 483,973 | 609,847 | |||||||
| Gross Profit | 987,201 | 1,100,840 | |||||||
| Admin Expenses | 885,873 | 761,581 | |||||||
| Operating Profit | 101,328 | 339,259 | |||||||
| Interest Payable | |||||||||
| Interest Receivable | 402 | 18 | |||||||
| Pre-Tax Profit | 101,730 | 339,277 | |||||||
| Tax | -34,831 | -69,638 | |||||||
| Profit After Tax | 66,899 | 269,639 | |||||||
| Dividends Paid | 365,521 | 356,823 | |||||||
| Retained Profit | -298,622 | -87,184 | |||||||
| Employee Costs | |||||||||
| Number Of Employees | 20 | 20 | 17 | 19 | 17 | 18 | 14 | 13 | 12 |
| EBITDA* | 175,290 | 413,665 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,650 | 23,731 | 25,726 | 27,162 | 28,231 | 13,372 | 11,312 | 23,207 | 28,416 |
| Intangible Assets | 69,500 | 139,000 | 208,500 | 278,000 | 347,500 | 417,000 | 486,500 | 556,000 | 625,500 |
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 99,150 | 162,731 | 234,226 | 305,162 | 375,731 | 430,372 | 497,812 | 579,207 | 653,916 |
| Stock & work in progress | 172,622 | 149,386 | 103,326 | 98,384 | 106,148 | 87,240 | |||
| Trade Debtors | 318,932 | 286,428 | 260,441 | 257,871 | 365,966 | 354,766 | 180,773 | 196,547 | 113,518 |
| Group Debtors | |||||||||
| Misc Debtors | 90,276 | 21,148 | 36,336 | ||||||
| Cash | 516,246 | 339,622 | 994,009 | 893,877 | 821,722 | 510,929 | 290,904 | 108,191 | 107,849 |
| misc current assets | |||||||||
| total current assets | 1,007,800 | 775,436 | 1,357,776 | 1,250,132 | 1,293,836 | 952,935 | 561,953 | 325,886 | 257,703 |
| total assets | 1,106,950 | 938,167 | 1,592,002 | 1,555,294 | 1,669,567 | 1,383,307 | 1,059,765 | 905,093 | 911,619 |
| Bank overdraft | 12,591 | 13,245 | 12,079 | ||||||
| Bank loan | |||||||||
| Trade Creditors | 486,047 | 311,404 | 666,239 | 545,086 | 659,591 | 632,960 | 37,420 | 40,889 | 25,429 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 445,063 | 482,775 | 622,442 | ||||||
| total current liabilities | 486,047 | 311,404 | 666,239 | 545,086 | 659,591 | 632,960 | 495,074 | 536,909 | 659,950 |
| loans | 70,930 | 83,751 | 96,050 | ||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 8,772 | 43,263 | 57,672 | ||||||
| provisions | 4,510 | 4,888 | 2,149 | 2,149 | 2,149 | 2,149 | 4,409 | 5,683 | |
| total long term liabilities | 8,772 | 4,510 | 4,888 | 2,149 | 45,412 | 59,821 | 73,079 | 88,160 | 101,733 |
| total liabilities | 494,819 | 315,914 | 671,127 | 547,235 | 705,003 | 692,781 | 568,153 | 625,069 | 761,683 |
| net assets | 612,131 | 622,253 | 920,875 | 1,008,059 | 964,564 | 690,526 | 491,612 | 280,024 | 149,936 |
| total shareholders funds | 612,131 | 622,253 | 920,875 | 1,008,059 | 964,564 | 690,526 | 491,612 | 280,024 | 149,936 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 101,328 | 339,259 | |||||||
| Depreciation | 5,438 | 4,462 | 4,906 | 5,281 | 7,834 | 7,804 | 11,975 | 12,097 | 11,805 |
| Amortisation | 69,500 | 69,500 | 69,500 | 69,500 | 69,500 | 69,500 | 69,500 | 69,500 | 69,500 |
| Tax | -34,831 | -69,638 | |||||||
| Stock | 23,236 | 46,060 | 4,942 | -7,764 | 18,908 | 87,240 | |||
| Debtors | 32,504 | 25,987 | 2,570 | -108,095 | 11,200 | 83,717 | 53,354 | 67,841 | 149,854 |
| Creditors | 174,643 | -354,835 | 121,153 | -114,505 | 26,631 | 595,540 | -3,469 | 15,460 | 25,429 |
| Accruals and Deferred Income | -445,063 | -37,712 | -139,667 | 622,442 | |||||
| Deferred Taxes & Provisions | -4,510 | -378 | 2,739 | -2,260 | -1,274 | 5,683 | |||
| Cash flow from operations | -286,801 | 460,407 | |||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -70,930 | -12,821 | -12,299 | 96,050 | |||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | 8,772 | -43,263 | -14,409 | 57,672 | |||||
| share issue | |||||||||
| interest | 402 | 18 | |||||||
| cash flow from financing | 402 | 18 | |||||||
| cash and cash equivalents | |||||||||
| cash | 176,624 | -654,387 | 100,132 | 72,155 | 310,793 | 220,025 | 182,713 | 342 | 107,849 |
| overdraft | -12,591 | -654 | 1,166 | 12,079 | |||||
| change in cash | 176,624 | -654,387 | 100,132 | 72,155 | 310,793 | 232,616 | 183,367 | -824 | 95,770 |
nolans law ltd Credit Report and Business Information
Nolans Law Ltd Competitor Analysis
Perform a competitor analysis for nolans law ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in G66 area or any other competitors across 12 key performance metrics.
nolans law ltd Ownership
NOLANS LAW LTD group structure
Nolans Law Ltd has no subsidiary companies.
Ultimate parent company
NOLANS LAW LTD
SC497706
nolans law ltd directors
Nolans Law Ltd currently has 2 directors. The longest serving directors include Mr Simon Nolan (Feb 2015) and Mr Paul McMahon (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Nolan | United Kingdom | 52 years | Feb 2015 | - | Director |
| Mr Paul McMahon | United Kingdom | 53 years | Jan 2019 | - | Director |
P&L
March 2024turnover
849k
-42%
operating profit
-33.1k
0%
gross margin
43.7%
-34.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
612.1k
-0.02%
total assets
1.1m
+0.18%
cash
516.2k
+0.52%
net assets
Total assets minus all liabilities
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nolans law ltd company details
company number
SC497706
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
February 2015
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
donaldson house, 39 donaldson street, glasgow, G66 1XE
Bank
-
Legal Advisor
-
nolans law 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 did not find charges/mortgages relating to nolans law ltd.
nolans law ltd Capital Raised & Share Issues BETA
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nolans law ltd Companies House Filings - See Documents
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