NAHL Group
NAH · AIM · Industrial Goods and Services · mcap £18m · 44.6p
NAHL runs National Accident Law, which handles personal injury claims for consumers, and Bush & Co, which provides case management and expert witness services in critical care. It also owned Searches UK, a small property searches business, now sold.
- Revenue
- £37.6m
- Operating profit
- £6.9m
- Net income
- £3.6m
- Free cash flow
- £6.7m
- Net debt
- £1.1m
- Market cap
- £21.6m
- EV / EBIT
- 3.3×
- FCF yield
- +31.1%
- Price / book
- 0.9×
- Revenue
- £18.3m +5%
- Operating profit
- £3.3m +19%
- Net income
- £1.8m +23%
- Cash from operations
- £3.2m +21%
Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.
Latest report: H1 26 (six months to 30 Jun 26), published 30 Sep 26 · read the results ↗
£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source
| LTM Jun 26 | FY 25 | FY 23 | |
|---|---|---|---|
| Revenue | 37.6 | 36.7 | 42.2 |
| Gross profit | 20.7 | 19.9 | 18.7 |
| Adjusted operating profit | 7.3 | 6.9 | – |
| Exceptional / adjusting items | (0.4) | (0.6) | – |
| Operating profit | 6.9 | 6.3 | 4.1 |
| Depreciation (owned assets) | 0.1 | 0.1 | 0.1 |
| Depreciation (right-of-use) | 0.3 | 0.3 | 0.3 |
| Amortisation | 0.2 | 0.3 | 1.2 |
| Share-based payments | 0.2 | 0.2 | 0.4 |
| Finance costs | (0.5) | (0.6) | (1.1) |
| Profit before tax | 4.6 | 4.0 | 0.6 |
| Tax | (1.2) | (1.0) | (0.3) |
| Net income (owners) | 3.6 | 3.3 | 0.4 |
| Discontinued operations | 0.2 | 0.3 | (0.0) |
| EPS basic | 7.5p | 6.8p | 0.8p |
| EPS diluted | 7.4p | 6.7p | – |
| H1 26 | vs H1 25 | H2 25 | H1 25 | H1 24 | H2 23 | H1 23 | |
|---|---|---|---|---|---|---|---|
| Revenue | 18.3 | +5% | 19.2 | 17.5 | 19.4 | 21.2 | 21.0 |
| Gross profit | 10.1 | +9% | 10.7 | 9.2 | 9.1 | 9.8 | 8.9 |
| Adjusted operating profit | 3.4 | +13% | 4.0 | 3.0 | – | – | – |
| Exceptional / adjusting items | (0.0) | −77% | (0.4) | (0.2) | – | – | – |
| Operating profit | 3.3 | +19% | 3.6 | 2.8 | 1.8 | 2.3 | 1.8 |
| Depreciation (owned assets) | 0.0 | n/m | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Depreciation (right-of-use) | 0.1 | −4% | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Amortisation | 0.1 | −42% | 0.1 | 0.2 | 0.6 | 0.6 | 0.6 |
| Share-based payments | 0.1 | −8% | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 |
| Finance costs | (0.2) | −37% | (0.3) | (0.3) | (0.5) | (0.6) | (0.6) |
| Profit before tax | 2.3 | +31% | 2.3 | 1.8 | 0.5 | 0.7 | (0.0) |
| Tax | (0.6) | +27% | (0.6) | (0.5) | (0.2) | (0.2) | (0.0) |
| Net income (owners) | 1.8 | +23% | 1.8 | 1.4 | 0.3 | 0.5 | (0.1) |
| Discontinued operations | 0.1 | −51% | 0.1 | 0.1 | 0.0 | 0.0 | (0.0) |
| EPS basic | 3.7p | – | 3.8p | 3.0p | 0.7p | 1.0p | (0.2p) |
| EPS diluted | 3.6p | – | 3.8p | 2.9p | – | – | – |
| H1 26 | vs H1 25 | H2 25 | H1 25 | H1 24 | H2 23 | H1 23 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | 3.2 | +21% | 4.0 | 2.6 | 1.9 | 3.3 | 4.2 |
| Interest paid | (0.1) | −53% | (0.3) | (0.3) | (0.5) | (0.6) | (0.5) |
| Tax paid | (0.4) | n/m | (0.4) | 0.0 | (0.2) | (0.2) | (0.2) |
| Capex (PP&E) | (0.0) | n/m | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) |
| Capex (intangibles) | (0.1) | n/m | (0.0) | (0.0) | (0.1) | (0.1) | (0.1) |
| Lease principal paid | (0.1) | n/m | (0.2) | (0.1) | (0.1) | (0.1) | (0.2) |
| Shares issued | 0.0 | n/m | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Latest Jun 26 | FY 25 | FY 23 | |
|---|---|---|---|
| Goodwill | 15.6 | 15.6 | 55.5 |
| Other intangibles | 0.5 | 0.5 | 1.8 |
| Property, plant & equipment | 0.2 | 0.2 | 0.3 |
| Trade receivables | 26.9 | 26.9 | 30.5 |
| Cash | 3.2 | 1.5 | 2.0 |
| Current assets | 30.3 | 28.4 | 32.5 |
| Total assets | 47.9 | 46.1 | 91.9 |
| Trade payables | 13.3 | 13.8 | 16.2 |
| Borrowings, current | 4.2 | 4.7 | – |
| Lease liabilities, current | 0.3 | 0.2 | 0.2 |
| Current liabilities | 22.5 | 22.5 | 20.4 |
| Borrowings, non-current | – | – | 11.7 |
| Lease liabilities, non-current | 0.8 | 0.9 | 1.5 |
| Total liabilities | 23.4 | 23.5 | 33.9 |
| Total equity | 24.5 | 22.6 | 58.1 |
| Net cash / (debt) ex leases | (1.1) | (3.2) | (9.7) |
| H1 26 | H2 25 | H1 25 | H1 24 | H2 23 | H1 23 | |
|---|---|---|---|---|---|---|
| Goodwill | 15.6 | 15.6 | 15.6 | 55.5 | 55.5 | 55.5 |
| Other intangibles | 0.5 | 0.5 | 0.6 | 1.3 | 1.8 | 2.2 |
| Property, plant & equipment | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 |
| Trade receivables | 26.9 | 26.9 | 27.7 | 30.4 | 30.5 | 30.9 |
| Cash | 3.2 | 1.5 | 1.6 | 2.2 | 2.0 | 2.4 |
| Current assets | 30.3 | 28.4 | 29.3 | 32.6 | 32.5 | 33.3 |
| Total assets | 47.9 | 46.1 | 47.2 | 91.4 | 91.9 | 93.3 |
| Trade payables | 13.3 | 13.8 | 14.2 | 15.8 | 16.2 | 15.9 |
| Borrowings, current | 4.2 | 4.7 | 7.2 | – | – | – |
| Lease liabilities, current | 0.3 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 |
| Current liabilities | 22.5 | 22.5 | 25.3 | 20.1 | 20.4 | 20.0 |
| Borrowings, non-current | – | – | – | 11.2 | 11.7 | 14.0 |
| Lease liabilities, non-current | 0.8 | 0.9 | 1.1 | 1.4 | 1.5 | 1.6 |
| Total liabilities | 23.4 | 23.5 | 26.5 | 32.8 | 33.9 | 35.9 |
| Total equity | 24.5 | 22.6 | 20.7 | 58.6 | 58.1 | 57.4 |
| Net cash / (debt) ex leases | (1.1) | (3.2) | (5.6) | (9.0) | (9.7) | (11.5) |
Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.
Company filings. Not investment advice.