NAHL Group Plc

NAHL Group Plc

LLSE:NAH
46.60
GBX
+1.60
(+3.56%)
1.68BMarket Cap
May 13Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.19
1.07
1.21
1.12
1.14
1.06
1.11
0.88
0.84
0.89
0.9
0.82
0.84
- -
Basic EPS, GAAP
0.23
0.21
0.26
0.27
0.22
0.14
-0.06
- -
- -
0.01
0.01
-0.83
0.07
- -
Free Cash Flow per Basic Share
0.21
0.01
0.2
0.19
0.05
0.08
0.02
0.21
0.1
0.12
0.15
0.1
0.14
- -
Dividend per Share
- -
0.05
0.17
0.19
0.18
0.14
0.08
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.73
0.88
1.22
1.32
1.34
1.34
1.14
1.21
1.22
1.24
1.24
0.4
0.47
0.47
Tangible Book Value per Share
-0.24
-0.09
-0.28
-0.2
-0.13
-0.11
-0.18
-0.09
-0.06
-0.02
0.02
0.06
0.14
0.14
Basic Weighted Avg Shares
41
41
42
45
46
46
46
46
46
46
47
47
48
48
Sales/Revenue/Turnover
49
44
51
51
52
49
51
41
39
41
42
39
40
- -
Operating Margin (%)
39.11
26.85
27.84
31.92
24.28
20.47
4.99
10.54
10.67
11.48
9.76
10.3
20.2
- -
Depreciation Expense
- -
- -
- -
2
2
2
2
2
2
2
2
1
1
- -
Net Income, GAAP
9
8
11
12
10
7
-3
- -
- -
- -
- -
-39
3
- -
Effective Tax Rate (%)
29.92
21.49
22.82
22.64
19.86
14.21
- -
- -
33.62
32.34
40.83
- -
25.72
- -
Profit Margin (%)
19.25
19.32
21.23
24.14
19.02
13.63
-5.77
-0.55
0.4
0.93
0.91
-101.25
8.13
- -
Working Capital
-10
-1
-2
-2
9
14
19
16
15
15
12
2
6
6
LT Debt
- -
3
11
7
13
17
24
22
20
18
13
1
1
1
Total Equity
30
36
55
60
62
63
56
56
57
57
58
19
23
23
Return on Invested Capital (%)
27.67
21.87
18.5
16.71
13.07
10.69
- -
- -
3.48
4.16
3.25
- -
17.7
- -
Return on Capital (%)
28.2
22.01
19.54
17.74
13.74
6.86
- -
- -
0.59
1.12
1.4
- -
12.69
- -
Return on Common Equity (%)
37.2
25.55
23.6
21.28
16.25
10.81
-5.18
-0.41
0.28
0.68
0.67
-101.8
15.6
- -

Capital Structure

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
9
- -
5
LT Borrowings
9
7
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
48
48
Market Capitalization
34
21
17

Working Capital

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
30
29
28
Cash, Cash Equivalents & STI
2
2
2
Accounts Receivable, Net
7
8
8
Inventories
- -
- -
- -
Total Current Liabilities
27
18
23
Payables & Accruals
- -
- -
- -
ST Debt
9
- -
5
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.24%
-9.06%
18.26%
Free Cash Flow
96.23%
-0.26%
32.82%
Net Income, GAAP
-1,073.77%
-2,092.57%
-108.29%
Sales/Revenue/Turnover
-2.02%
-0.27%
3.19%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
42
2024
- -
- -
39
2025
- -
- -
40

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
-0.83
2025
- -
- -
0.07

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
James David Saralis
Full Time Employees
261
Sector
Finance
Industry
Insurance brokers/Services
Address
Bevan House Kettering NH United Kingdom NN15 6XR
IPO Date
May 29, 2014
Business
NAHL Group Plc (AIM: NAH.L), founded in 1993 and headquartered in Kettering, Northamptonshire, United Kingdom, operates as a leader in the UK consumer legal services market, delivering marketing, claims processing, and specialist support services to individuals, law firms, claimants, and defendants through its two primary divisions: Consumer Legal Services and Critical Care; all activities focus on the United Kingdom with no reported international operations. In Consumer Legal Services, the group provides outsourced marketing services via the National Accident Helpline brand to generate personal injury enquiries for panel law firms on a cost-plus-margin basis; claims processing and legal services to individuals through its integrated ABS law firm National Accident Law, joint venture partnerships including Law Together LLP and Your Law LLP; and residential property searches plus conveyancing and survey enquiries via Searches UK and the former Fitzalan Partners (disposed Homeward Legal in 2023); Critical Care, operated through Bush & Co, offers expert witness reports (accounting for around 49% of division revenues), case management support including initial needs assessments for ongoing clients, and care solutions such as Bush & Co Care Solutions (all recurring revenue) and the recently launched Bush & Co Kids for child-focused rehabilitation in catastrophic and serious injury cases valued over £500,000, serving both claimant and defendant sides in personal injury, clinical negligence, and road traffic accident markets. Recent developments include a £39.9m non-cash goodwill impairment on the personal injury business in 2024 due to reduced enquiry volumes from Google algorithm changes, heightened paid search competition, and 70% lower panel firm demand amid whiplash reforms and market consolidation; National Accident Law's maturation with 20% revenue growth to £8.4m, 43% higher settlement cash at £8.5m, and embedded future cash of £14.4m from 8,457 ongoing claims; Searches UK revenue up 29% to £3.4m on buoyant property market; Critical Care revenue growth of 9% to £15.9m with 10% operating profit rise to £4.9m (30.6% margins) driven by 19% expert witness expansion and 37% care solutions increase; banking facility extensions and reductions from £20m to £11m through 2026 with Clydesdale Bank/Virgin Money; £1.2m annualised cost savings and management restructuring in personal injury; conclusion without sale of Bush & Co process in June 2025 amid productive buyer discussions, shifting to alternative shareholder value options; strong 2025 start with H1 underlying operating profit up 74% to £3.2m, net debt down 38% to £5.6m (10-year low), and re-launch of the Underdog marketing brand to boost digital enquiries.