Phillips Solicitors Limited

POWER SEARCH PRICING

SOLUTIONS

phillips solicitors limited Company Information

Live

MatureSmallHealthy

Company Number

02314890

Website

www.phillips-law.co.uk

Registered Address

town gate 38 london street, basingstoke, hampshire, RG21 7NY

Industry

Solicitors

Telephone

01256460830

Next Accounts Due

June 2025

Group Structure

View All

Directors

Hayley Eachus11 Years

Max Hope5 Years

View All

Shareholders

hampshire montana limited 100%

phillips solicitors limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of PHILLIPS SOLICITORS LIMITED at £2.7m based on a Turnover of £4.8m and 0.57x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Phillips Solicitors Limited is a live company located in hampshire, RG21 7NY with a Companies House number of 02314890. It operates in the solicitors sector, SIC Code 69102. Founded in November 1988, it's largest shareholder is hampshire montana limited with a 100% stake. Phillips Solicitors Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.8m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Phillips Solicitors Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

4 Regular

3 Weak

Size

annual sales of £4.8m, make it larger than the average company (£1.3m)

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.8%)

EXPORT

Phillips Solicitors Limited's latest turnover from September 2023 is estimated at £4.8 million and the company has net assets of £792.3 thousand. According to their latest financial statements, Phillips Solicitors Limited has 77 employees and maintains cash reserves of £554.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011
Turnover	4,762,838	3,952,628	3,543,921	3,742,780	2,521,037	2,431,590	2,160,421	1,504,882	4,070,438	4,561,925	4,232,650	3,797,403	4,182,172
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,789,609	1,409,082	1,502,648	1,835,897	999,326	731,499	737,023	598,353	1,706,343	2,000,974	1,750,429	1,408,783	1,533,121
Gross Profit	2,973,229	2,543,546	2,041,273	1,906,883	1,521,710	1,700,091	1,423,399	906,529	2,364,096	2,560,951	2,482,221	2,388,621	2,649,051
Admin Expenses	2,959,255	2,400,231	1,944,798	1,958,526	1,801,980	1,796,773	1,328,475	820,529	1,983,821	2,222,831	2,415,756	2,178,025	2,522,214
Operating Profit	13,974	143,315	96,475	-51,643	-280,270	-96,682	94,924	86,000	380,275	338,120	66,465	210,596	126,837
Interest Payable	26,820	4,501	12,512	11,895	0	0	0	0	0	0	0	0	0
Interest Receivable	33,037	19,017	798	441	3,130	3,069	1,410	2,838	2,989	2,556	1,972	1,531	651
Pre-Tax Profit	20,191	157,831	84,762	-63,097	-277,140	-93,613	96,334	88,838	383,263	340,677	68,437	212,127	127,488
Tax	-5,048	-29,988	-16,105	0	0	0	-19,267	-17,767	-80,485	-78,356	-16,425	-55,153	-35,696
Profit After Tax	15,143	127,843	68,657	-63,097	-277,140	-93,613	77,067	71,070	302,778	262,321	52,012	156,974	91,791
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	15,143	127,843	68,657	-63,097	-277,140	-93,613	77,067	71,070	302,778	262,321	52,012	156,974	91,791
Employee Costs	2,864,771	2,461,230	2,169,033	1,998,395	1,590,236	1,409,335	1,373,446	875,995	2,291,802	2,712,278	2,586,642	2,481,485	2,699,557
Number Of Employees	77	71	67	63	48	49	48	29	79	93	90	82	89
EBITDA*	101,205	202,065	132,763	-24,779	-246,870	177,308	374,560	373,224	659,374	608,930	332,324	465,225	395,301

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011
Tangible Assets	197,132	85,570	101,804	94,077	36,431	38,924	80,421	135,972	157,493	116,792	128,657	157,445	122,783
Intangible Assets	12,499	29,166	45,833	0	0	0	225,000	450,000	675,000	900,000	1,125,000	1,350,000	1,575,000
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	209,631	114,736	147,637	94,077	36,431	38,924	305,421	585,972	832,493	1,016,792	1,253,657	1,507,445	1,697,783
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	951,926	721,345	683,784	678,596	432,509	421,502	312,047	308,160	822,844	849,219	679,318	622,119	649,951
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	807,529	632,457	348,795	612,110	439,337	412,886	344,994	516,476	0	0	0	0	0
Cash	554,829	766,656	923,746	672,421	209,556	625,124	602,553	525,525	609,615	585,807	436,712	351,894	260,323
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,314,284	2,120,458	1,956,325	1,963,127	1,081,402	1,459,512	1,259,594	1,350,161	1,432,459	1,435,026	1,116,030	974,013	910,274
total assets	2,523,915	2,235,194	2,103,962	2,057,204	1,117,833	1,498,436	1,565,015	1,936,133	2,264,952	2,451,818	2,369,687	2,481,458	2,608,057
Bank overdraft	354,999	88,889	20,223	86,667	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	209,731	334,580	211,500	236,468	123,115	105,197	76,050	167,445	727,877	815,585	732,900	631,729	622,835
Group/Directors Accounts	300,000	200,000	200,000	0	14,748	81,946	102,000	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	783,668	819,955	1,007,777	834,652	332,280	388,645	364,930	702,109	0	0	0	0	0
total current liabilities	1,648,398	1,443,424	1,439,500	1,157,787	470,143	575,788	542,980	869,554	727,877	815,585	732,900	631,729	622,835
loans	43,750	0	0	303,333	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	114,000	654,865	1,068,855	1,335,911	1,600,865	1,893,332
provisions	39,466	14,612	15,147	15,426	3,935	2,149	7,923	15,534	16,235	4,181	0	0	0
total long term liabilities	83,216	14,612	15,147	318,759	3,935	2,149	7,923	129,534	671,100	1,073,036	1,335,911	1,600,865	1,893,332
total liabilities	1,731,614	1,458,036	1,454,647	1,476,546	474,078	577,937	550,903	999,088	1,398,977	1,888,621	2,068,811	2,232,594	2,516,167
net assets	792,301	777,158	649,315	580,658	643,755	920,499	1,014,112	937,045	865,975	563,197	300,876	248,864	91,890
total shareholders funds	792,301	777,158	649,315	580,658	643,755	920,499	1,014,112	937,045	865,975	563,197	300,876	248,864	91,890

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	13,974	143,315	96,475	-51,643	-280,270	-96,682	94,924	86,000	380,275	338,120	66,465	210,596	126,837	0
Depreciation	70,564	42,083	36,288	26,864	33,400	48,990	54,636	62,224	54,099	45,810	40,859	29,629	43,464	0
Amortisation	16,667	16,667	0	0	0	225,000	225,000	225,000	225,000	225,000	225,000	225,000	225,000	0
Tax	-5,048	-29,988	-16,105	0	0	0	-19,267	-17,767	-80,485	-78,356	-16,425	-55,153	-35,696	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	405,653	321,223	-258,127	418,860	37,458	177,347	-167,595	1,792	-26,375	169,901	57,199	-27,832	649,951	0
Creditors	-124,849	123,080	-24,968	113,353	17,918	29,147	-91,395	-560,432	-87,708	82,685	101,171	8,894	622,835	0
Accruals and Deferred Income	-36,287	-187,822	173,125	502,372	-56,365	23,715	-337,179	702,109	0	0	0	0	0	0
Deferred Taxes & Provisions	24,854	-535	-279	11,491	1,786	-5,774	-7,611	-701	12,054	4,181	0	0	0	0
Cash flow from operations	-445,778	-214,423	522,663	183,577	-320,989	47,049	86,703	494,641	529,610	447,539	359,871	446,798	332,489	0
Investing Activities
capital expenditure	-182,126	-25,849	-89,848	-84,510	-30,907	-7,493	915	-40,703	-94,800	-33,945	-12,071	-64,291	-1,966,247	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-182,126	-25,849	-89,848	-84,510	-30,907	-7,493	915	-40,703	-94,800	-33,945	-12,071	-64,291	-1,966,247	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	100,000	0	200,000	-14,748	-67,198	-20,054	102,000	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	43,750	0	-303,333	303,333	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	-114,000	-540,865	-413,990	-267,056	-264,954	-292,467	1,893,332	0
share issue	0	0	0	0	396	0	0	0	0	0	0	0	99	0
interest	6,217	14,516	-11,714	-11,454	3,130	3,069	1,410	2,838	2,989	2,556	1,972	1,531	651	0
cash flow from financing	149,967	14,516	-115,047	277,131	-63,672	-16,985	-10,590	-538,027	-411,001	-264,500	-262,982	-290,936	1,894,082	0
cash and cash equivalents
cash	-211,827	-157,090	251,325	462,865	-415,568	22,571	77,028	-84,090	23,808	149,095	84,818	91,571	260,323	0
overdraft	266,110	68,666	-66,444	86,667	0	0	0	0	0	0	0	0	0	0
change in cash	-477,937	-225,756	317,769	376,198	-415,568	22,571	77,028	-84,090	23,808	149,095	84,818	91,571	260,323	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for phillips solicitors limited. Get real-time insights into phillips solicitors limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for phillips solicitors limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in RG21 area or any other competitors across 12 key performance metrics.

PHILLIPS SOLICITORS LIMITED group structure

Phillips Solicitors Limited has no subsidiary companies.

Ultimate parent company

PHILLIPS SOLICITORS LIMITED

02314890

PHILLIPS SOLICITORS LIMITED Shareholders

hampshire montana limited

100%

Phillips Solicitors Limited currently has 5 directors. The longest serving directors include Miss Hayley Eachus (Apr 2013) and Mr Max Hope (Nov 2018).

officer	country	age	start	end	role
Miss Hayley Eachus	England	44 years	Apr 2013	-	Director
Mr Max Hope	United Kingdom	47 years	Nov 2018	-	Director
Mr Jack Gardener	United Kingdom	38 years	Nov 2018	-	Director
Mrs Elizabeth Taylor	England	38 years	Feb 2020	-	Director
Mr Jonathan Coles	England	65 years	Feb 2020	-	Director

P&L

September 2023

turnover

4.8m

+20%

operating profit

14k

gross margin

62.5%

-2.99%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

792.3k

+0.02%

total assets

2.5m

+0.13%

cash

554.8k

-0.28%

net assets

Total assets minus all liabilities

Similar Companies

sgw consulting limited

caversham solicitors limited

stewart begum solicitors ltd.

3.5

judge sykes frixou limited

crossland solicitors ltd

company number

02314890

Type

Private limited with Share Capital

industry

69102 - Solicitors

incorporation date

November 1988

ultimate parent company

None

previous names

phillips legal services limited (February 2010)

address

town gate 38 london street, basingstoke, hampshire, RG21 7NY

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 1 charges/mortgages relating to phillips solicitors limited. Currently there are 1 open charges and 0 have been satisfied in the past.

phillips solicitors limited Company Information

phillips solicitors limited Estimated Valuation

phillips solicitors limited Estimated Valuation

phillips solicitors limited Estimated Valuation

Phillips Solicitors Limited Overview

Phillips Solicitors Limited Health Check

PHILLIPS SOLICITORS LIMITED financials

phillips solicitors limited Credit Report and Business Information

Phillips Solicitors Limited Competitor Analysis

phillips solicitors limited Ownership

phillips solicitors limited directors

phillips solicitors limited company details

phillips solicitors limited Charges & Mortgages

phillips solicitors limited Companies House Filings - See Documents