career legal limited Company Information
Company Number
02477115
Website
www.careerlegal.co.ukRegistered Address
10-12 alie street, london, E1 8DE
Industry
Temporary employment agency activities
Telephone
02076287117
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
michael swaby 70%
denis john william simpson 20%
View Allcareer legal limited Estimated Valuation
Pomanda estimates the enterprise value of CAREER LEGAL LIMITED at £4.4m based on a Turnover of £13m and 0.34x industry multiple (adjusted for size and gross margin).
career legal limited Estimated Valuation
Pomanda estimates the enterprise value of CAREER LEGAL LIMITED at £7m based on an EBITDA of £1.2m and a 6x industry multiple (adjusted for size and gross margin).
career legal limited Estimated Valuation
Pomanda estimates the enterprise value of CAREER LEGAL LIMITED at £3.1m based on Net Assets of £1.8m and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Career Legal Limited Overview
Career Legal Limited is a live company located in london, E1 8DE with a Companies House number of 02477115. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in March 1990, it's largest shareholder is michael swaby with a 70% stake. Career Legal Limited is a mature, mid sized company, Pomanda has estimated its turnover at £13m with healthy growth in recent years.
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Career Legal Limited Health Check
Pomanda's financial health check has awarded Career Legal Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £13m, make it in line with the average company (£14.6m)
£13m - Career Legal Limited
£14.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (4.7%)
8% - Career Legal Limited
4.7% - Industry AVG
Production
with a gross margin of 40.5%, this company has a lower cost of product (18.1%)
40.5% - Career Legal Limited
18.1% - Industry AVG
Profitability
an operating margin of 8.8% make it more profitable than the average company (2.7%)
8.8% - Career Legal Limited
2.7% - Industry AVG
Employees
with 181 employees, this is above the industry average (52)
181 - Career Legal Limited
52 - Industry AVG
Pay Structure
on an average salary of £13.1k, the company has a lower pay structure (£49.5k)
£13.1k - Career Legal Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £71.7k, this is less efficient (£268.9k)
£71.7k - Career Legal Limited
£268.9k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (45 days)
87 days - Career Legal Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is close to average (4 days)
4 days - Career Legal Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Career Legal Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (5 weeks)
3 weeks - Career Legal Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.2%, this is a lower level of debt than the average (73.9%)
48.2% - Career Legal Limited
73.9% - Industry AVG
CAREER LEGAL LIMITED financials
Career Legal Limited's latest turnover from September 2023 is £13 million and the company has net assets of £1.8 million. According to their latest financial statements, Career Legal Limited has 181 employees and maintains cash reserves of £128.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2023 | Sep 2022 | Sep 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 12,972,225 | 12,415,726 | 10,385,341 | 11,041,164 | 9,199,350 | 10,795,395 | 11,785,726 | 11,842,881 | 11,180,821 | 8,278,404 | 12,087,347 | 18,831,807 | 15,114,366 | ||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Cost Of Sales | 7,714,821 | 6,719,441 | 6,147,571 | 6,583,027 | 5,470,598 | 6,907,784 | 7,331,484 | 7,425,356 | 6,637,327 | 4,893,084 | 7,962,855 | 12,789,345 | 10,458,951 | ||
Gross Profit | 5,257,404 | 5,696,285 | 4,237,770 | 4,458,137 | 3,728,752 | 3,887,611 | 4,454,242 | 4,417,525 | 4,543,494 | 3,385,320 | 4,124,492 | 6,042,462 | 4,655,415 | ||
Admin Expenses | 4,122,663 | 3,962,735 | 4,285,307 | 4,277,685 | 3,847,241 | 3,921,368 | 4,083,243 | 4,379,682 | 3,740,508 | 2,965,603 | 4,062,955 | 5,705,427 | 4,341,210 | ||
Operating Profit | 1,134,741 | 1,733,550 | -47,537 | 180,452 | -118,489 | -33,757 | 370,999 | 37,843 | 802,986 | 419,717 | 61,537 | 337,035 | 314,205 | ||
Interest Payable | 0 | 98 | 25,841 | 25,382 | 6,173 | 19,481 | 37,055 | 13,056 | 5,632 | 8,091 | 23,075 | 10,622 | 10,686 | ||
Interest Receivable | 2,818 | 467 | 1,826 | 0 | 0 | 0 | 18 | 23 | 2,299 | 3,718 | 8 | 239 | 592 | ||
Pre-Tax Profit | 1,137,559 | 1,733,919 | -71,552 | 155,070 | -124,662 | -53,238 | 333,962 | 24,810 | 799,653 | 415,344 | 38,470 | 326,652 | 304,111 | ||
Tax | -254,064 | -343,303 | 12,823 | -44,243 | -6,512 | 34,685 | -127,928 | 13,071 | -227,526 | -124,661 | -12,669 | -123,553 | -90,597 | ||
Profit After Tax | 883,495 | 1,390,616 | -58,729 | 110,827 | -131,174 | -18,553 | 206,034 | 37,881 | 572,127 | 290,683 | 25,801 | 203,099 | 213,514 | ||
Dividends Paid | 300,000 | 529,995 | 38,500 | 58,500 | 172,000 | 35,000 | 78,000 | 253,000 | 243,800 | 297,874 | 531,507 | 268,750 | 800,000 | ||
Retained Profit | 583,495 | 860,621 | -97,229 | 52,327 | -303,174 | -53,553 | 128,034 | -215,119 | 328,327 | -7,191 | -505,706 | -65,651 | -586,486 | ||
Employee Costs | 2,363,329 | 2,117,086 | 2,409,298 | 2,323,070 | 2,055,300 | 2,457,067 | 2,562,866 | 2,584,104 | 2,562,705 | 2,167,656 | 2,661,703 | 3,161,919 | 2,480,956 | ||
Number Of Employees | 181 | 166 | 90 | 77 | 201 | 228 | 243 | 48 | 55 | 57 | 53 | 46 | 56 | 66 | 58 |
EBITDA* | 1,166,065 | 1,771,498 | 20,792 | 250,999 | -70,183 | 92,862 | 508,375 | 181,948 | 924,285 | 543,336 | 207,907 | 469,034 | 483,874 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023 | Sep 2022 | Sep 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 60,907 | 80,159 | 60,394 | 66,392 | 134,183 | 100,273 | 124,336 | 156,724 | 231,007 | 343,235 | 321,815 | 396,222 | 470,127 | 537,114 | 191,173 |
Intangible Assets | 6,150 | 1,966 | 10,220 | 22,047 | 47,298 | 55,660 | 67,895 | 52,523 | 84,869 | 81,500 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,913 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 34,587 | 31,293 | 32,884 | 32,884 | 63,935 | 240,828 | 242,531 | 249,042 | 223,665 | 223,665 | 223,664 | 223,664 | 223,664 | 0 | 0 |
Total Fixed Assets | 101,644 | 113,418 | 103,498 | 121,323 | 245,416 | 396,761 | 434,762 | 458,289 | 539,541 | 668,313 | 545,479 | 619,886 | 693,791 | 537,114 | 191,173 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 3,104,091 | 3,011,356 | 1,232,323 | 786,769 | 1,291,558 | 2,096,503 | 1,328,609 | 1,437,994 | 1,965,605 | 1,572,369 | 1,745,835 | 1,454,147 | 780,134 | 2,741,131 | 1,971,367 |
Group Debtors | 0 | 0 | 0 | 0 | 47,190 | 8,290 | 46,528 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 160,455 | 216,521 | 277,798 | 180,160 | 317,972 | 333,582 | 555,349 | 536,068 | 1,110,816 | 706,596 | 407,123 | 186,568 | 489,659 | 689,747 | 438,791 |
Cash | 128,225 | 75,235 | 120,739 | 128,143 | 28,191 | 169,869 | 71,100 | 52,183 | 148,651 | 17,560 | 41,678 | 35,470 | 0 | 616,444 | 655,758 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,392,771 | 3,303,112 | 1,630,860 | 1,095,072 | 1,684,911 | 2,608,244 | 2,001,586 | 2,026,245 | 3,225,072 | 2,296,525 | 2,194,636 | 1,676,185 | 1,269,793 | 4,047,322 | 3,065,916 |
total assets | 3,494,415 | 3,416,530 | 1,734,358 | 1,216,395 | 1,930,327 | 3,005,005 | 2,436,348 | 2,484,534 | 3,764,613 | 2,964,838 | 2,740,115 | 2,296,071 | 1,963,584 | 4,584,436 | 3,257,089 |
Bank overdraft | 0 | 0 | 0 | 0 | 813,209 | 0 | 0 | 215,564 | 1,119,630 | 838,545 | 162,959 | 334,511 | 334,964 | 584,712 | 33,333 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 1,136,327 | 499,661 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 92,858 | 125,448 | 172,710 | 533,967 | 279,487 | 108,725 | 354,103 | 306,627 | 201,561 | 321,883 | 108,932 | 144,876 | 161,459 | 593,456 | 224,956 |
Group/Directors Accounts | 1,742 | 1,742 | 0 | 0 | 1,742 | 21,301 | 6,101 | 0 | 3,299 | 487 | 1,146 | 1,448 | 11,858 | 40,282 | 329,628 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 6,309 | 12,515 | 0 | 0 | 11,165 | 10,525 | 10,522 | 10,522 | 45,436 | 47,912 | 0 | 14,315 | 14,315 | 29,114 | 50,833 |
other current liabilities | 1,583,318 | 2,050,132 | 1,195,576 | 774,063 | 628,493 | 1,423,364 | 1,303,267 | 1,377,120 | 1,735,216 | 1,206,301 | 1,624,140 | 1,283,388 | 901,998 | 2,259,248 | 1,456,465 |
total current liabilities | 1,684,227 | 2,189,837 | 1,368,286 | 1,308,030 | 1,734,096 | 2,700,242 | 2,173,654 | 1,909,833 | 3,105,142 | 2,415,128 | 1,897,177 | 1,778,538 | 1,424,594 | 3,506,812 | 2,095,215 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,001 | 25,001 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 11,303 | 21,561 | 30,394 | 41,098 | 79,884 | 0 | 2,921 | 17,187 | 25,114 | 43,713 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,513 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 11,303 | 21,561 | 30,394 | 61,611 | 79,884 | 0 | 2,921 | 17,187 | 50,115 | 68,714 |
total liabilities | 1,684,227 | 2,189,837 | 1,368,286 | 1,308,030 | 1,734,096 | 2,711,545 | 2,195,215 | 1,940,227 | 3,166,753 | 2,495,012 | 1,897,177 | 1,781,459 | 1,441,781 | 3,556,927 | 2,163,929 |
net assets | 1,810,188 | 1,226,693 | 366,072 | -91,635 | 196,231 | 293,460 | 241,133 | 544,307 | 597,860 | 469,826 | 842,938 | 514,612 | 521,803 | 1,027,509 | 1,093,160 |
total shareholders funds | 1,810,188 | 1,226,693 | 366,072 | -91,635 | 196,231 | 293,460 | 241,133 | 544,307 | 597,860 | 469,826 | 842,938 | 514,612 | 521,803 | 1,027,509 | 1,093,160 |
Sep 2023 | Sep 2022 | Sep 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 1,134,741 | 1,733,550 | -47,537 | 180,452 | -118,489 | -33,757 | 370,999 | 37,843 | 802,986 | 419,717 | 61,537 | 337,035 | 314,205 | ||
Depreciation | 28,813 | 29,694 | 12,775 | 31,504 | 34,605 | 35,310 | 48,306 | 126,619 | 137,376 | 144,105 | 121,299 | 123,619 | 146,370 | 131,999 | 169,669 |
Amortisation | 2,511 | 8,254 | 11,827 | 25,251 | 33,724 | 35,237 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -254,064 | -343,303 | 12,823 | -44,243 | -6,512 | 34,685 | -127,928 | 13,071 | -227,526 | -124,661 | -12,669 | -123,553 | -90,597 | ||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 39,963 | 1,716,165 | -177,650 | -720,842 | -958,548 | 506,186 | -50,087 | -1,076,982 | 797,456 | 126,008 | 512,243 | 370,922 | -1,937,421 | 1,020,720 | 2,410,158 |
Creditors | -32,590 | -47,262 | -106,777 | 254,480 | 170,762 | -245,378 | 47,476 | 105,066 | -120,322 | 212,951 | -35,944 | -16,583 | -431,997 | 368,500 | 224,956 |
Accruals and Deferred Income | -466,814 | 854,556 | 567,083 | 145,570 | -794,871 | 120,097 | -73,853 | -358,096 | 528,915 | -417,839 | 340,752 | 381,390 | -1,357,250 | 802,783 | 1,456,465 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,513 | 20,513 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 372,634 | 519,324 | 368,054 | -424,711 | -52,985 | 930,986 | 12,097 | -135,877 | 489,324 | 412,560 | 343,412 | 496,044 | -335,460 | ||
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | -33,542 | -48,726 | 2,101 | -47,325 | -249,833 | -46,892 | -49,714 | -60,178 | -272,725 | -16,978 | ||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -19,913 | 19,913 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | -33,542 | -48,726 | 2,101 | -27,412 | -269,746 | -46,892 | -49,714 | -60,178 | -272,725 | -16,978 | ||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | -1,136,327 | 636,666 | 499,661 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 1,742 | -1,742 | -1,742 | -19,559 | 15,200 | 6,101 | -3,299 | 2,812 | -659 | -302 | -10,410 | -28,424 | -289,346 | 329,628 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -25,001 | 0 | 25,001 |
Hire Purchase and Lease Commitments | -6,206 | 12,515 | -11,165 | -11,165 | -10,663 | -10,255 | -8,833 | -45,618 | -41,262 | 127,796 | -17,236 | -14,266 | -22,726 | -40,318 | 94,546 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 2,818 | 369 | -24,015 | -25,382 | -6,173 | -19,481 | -37,037 | -13,033 | -3,333 | -4,373 | -23,067 | -10,383 | -10,094 | ||
cash flow from financing | -3,388 | 14,626 | -1,190,564 | 616,229 | 490,756 | -68,398 | -75,487 | -43,889 | -20,872 | -29,049 | -99,218 | -340,047 | 2,118,727 | ||
cash and cash equivalents | |||||||||||||||
cash | 52,990 | -45,504 | 92,548 | 99,952 | -141,678 | 98,769 | 18,917 | -96,468 | 131,091 | -24,118 | 6,208 | 35,470 | -616,444 | -39,314 | 655,758 |
overdraft | 0 | 0 | -813,209 | -813,209 | 813,209 | 0 | -215,564 | -904,066 | 281,085 | 675,586 | -171,552 | -453 | -249,748 | 551,379 | 33,333 |
change in cash | 52,990 | -45,504 | 905,757 | 913,161 | -954,887 | 98,769 | 234,481 | 807,598 | -149,994 | -699,704 | 177,760 | 35,923 | -366,696 | -590,693 | 622,425 |
career legal limited Credit Report and Business Information
Career Legal Limited Competitor Analysis
Perform a competitor analysis for career legal limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in E 1 area or any other competitors across 12 key performance metrics.
career legal limited Ownership
CAREER LEGAL LIMITED group structure
Career Legal Limited has no subsidiary companies.
Ultimate parent company
CAREER LEGAL LIMITED
02477115
career legal limited directors
Career Legal Limited currently has 8 directors. The longest serving directors include Mr Michael Swaby (Mar 1991) and Mr Joseph Neilson (Mar 1998).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Swaby | 64 years | Mar 1991 | - | Director | |
Mr Joseph Neilson | England | 63 years | Mar 1998 | - | Director |
Mr Denis Simpson | England | 59 years | Mar 1998 | - | Director |
Mrs Gemma Grima-Brown | England | 43 years | May 2017 | - | Director |
Mr Anthony Webster | England | 39 years | Nov 2018 | - | Director |
Mrs Zowie Melville | England | 48 years | Apr 2019 | - | Director |
Mrs Michelle Church | England | 44 years | Jul 2021 | - | Director |
Miss Hayley Charles | England | 34 years | Sep 2022 | - | Director |
P&L
September 2023turnover
13m
+4%
operating profit
1.1m
-35%
gross margin
40.6%
-11.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
1.8m
+0.48%
total assets
3.5m
+0.02%
cash
128.2k
+0.7%
net assets
Total assets minus all liabilities
career legal limited company details
company number
02477115
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
March 1990
age
34
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
termplus limited (April 1990)
accountant
-
auditor
PRAXIS
address
10-12 alie street, london, E1 8DE
Bank
BARCLAYS BANK PLC
Legal Advisor
-
career legal limited 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 found 11 charges/mortgages relating to career legal limited. Currently there are 2 open charges and 9 have been satisfied in the past.
career legal limited Companies House Filings - See Documents
date | description | view/download |
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