g2 legal limited Company Information
Company Number
04354289
Next Accounts
Dec 2025
Shareholders
g2 recruitment holdings limited
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
15a brighton place, brighton, BN1 1HJ
Website
www.g2legal.co.ukg2 legal limited Estimated Valuation
Pomanda estimates the enterprise value of G2 LEGAL LIMITED at £879k based on a Turnover of £5.1m and 0.17x industry multiple (adjusted for size and gross margin).
g2 legal limited Estimated Valuation
Pomanda estimates the enterprise value of G2 LEGAL LIMITED at £0 based on an EBITDA of £-67.7k and a 3.03x industry multiple (adjusted for size and gross margin).
g2 legal limited Estimated Valuation
Pomanda estimates the enterprise value of G2 LEGAL LIMITED at £165.2k based on Net Assets of £129.3k and 1.28x industry multiple (adjusted for liquidity).
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G2 Legal Limited Overview
G2 Legal Limited is a live company located in brighton, BN1 1HJ with a Companies House number of 04354289. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in January 2002, it's largest shareholder is g2 recruitment holdings limited with a 100% stake. G2 Legal Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.1m with healthy growth in recent years.
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G2 Legal Limited Health Check
Pomanda's financial health check has awarded G2 Legal Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs


4 Strong

3 Regular

4 Weak

Size
annual sales of £5.1m, make it smaller than the average company (£6.9m)
- G2 Legal Limited
£6.9m - Industry AVG

Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (8.5%)
- G2 Legal Limited
8.5% - Industry AVG

Production
with a gross margin of 23.1%, this company has a comparable cost of product (23.1%)
- G2 Legal Limited
23.1% - Industry AVG

Profitability
an operating margin of -2.8% make it less profitable than the average company (3.1%)
- G2 Legal Limited
3.1% - Industry AVG

Employees
with 70 employees, this is above the industry average (41)
70 - G2 Legal Limited
41 - Industry AVG

Pay Structure
on an average salary of £50.2k, the company has an equivalent pay structure (£50.2k)
- G2 Legal Limited
£50.2k - Industry AVG

Efficiency
resulting in sales per employee of £73.3k, this is less efficient (£142k)
- G2 Legal Limited
£142k - Industry AVG

Debtor Days
it gets paid by customers after 27 days, this is earlier than average (41 days)
- G2 Legal Limited
41 days - Industry AVG

Creditor Days
its suppliers are paid after 11 days, this is slower than average (8 days)
- G2 Legal Limited
8 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- G2 Legal Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (12 weeks)
11 weeks - G2 Legal Limited
12 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 89.3%, this is a higher level of debt than the average (64.8%)
89.3% - G2 Legal Limited
64.8% - Industry AVG
G2 LEGAL LIMITED financials

G2 Legal Limited's latest turnover from March 2024 is estimated at £5.1 million and the company has net assets of £129.3 thousand. According to their latest financial statements, G2 Legal Limited has 70 employees and maintains cash reserves of £221.3 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 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 70 | 68 | 55 | 38 | 52 | 61 | 56 | 60 | 53 | ||||||
EBITDA* |
* 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 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 38,203 | 27,910 | 18,696 | 33,971 | 49,142 | 55,642 | 78,111 | 70,155 | 48,716 | 39,067 | 50,864 | 56,235 | 24,954 | 15,797 | |
Intangible Assets | 319,069 | 350,000 | 402,060 | 452,196 | 502,332 | 552,468 | 602,289 | 652,409 | 700,000 | 750,000 | 800,000 | 850,000 | 900,000 | 950,000 | |
Investments & Other | 552 | 552 | 552 | 552 | 515 | 508 | 508 | ||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 357,824 | 378,462 | 421,308 | 486,719 | 551,989 | 608,618 | 680,908 | 722,564 | 748,716 | 789,067 | 850,864 | 906,235 | 924,954 | 965,797 | |
Stock & work in progress | |||||||||||||||
Trade Debtors | 393,777 | 539,879 | 588,905 | 347,293 | 538,208 | 605,122 | 415,267 | 443,443 | 499,559 | 944,423 | 687,396 | 812,106 | 343,223 | 228,614 | |
Group Debtors | 120,000 | 84,500 | 113,300 | 16,000 | |||||||||||
Misc Debtors | 201,811 | 119,945 | 60,859 | 200,248 | 223,978 | 275,617 | 301,420 | 191,830 | 500,143 | ||||||
Cash | 221,287 | 499,723 | 222,199 | 494,948 | 174,705 | 824,805 | 673,306 | 295,705 | 33,412 | 58,368 | 157,357 | 9,307 | 145,920 | 263,121 | |
misc current assets | 34,337 | ||||||||||||||
total current assets | 851,212 | 1,159,547 | 871,963 | 1,042,489 | 936,891 | 1,825,544 | 1,474,493 | 1,044,278 | 1,049,114 | 1,002,791 | 844,753 | 821,413 | 489,143 | 491,735 | |
total assets | 1,209,036 | 1,538,009 | 1,293,271 | 1,529,208 | 1,488,880 | 2,434,162 | 2,155,401 | 1,766,842 | 1,797,830 | 1,791,858 | 1,695,617 | 1,727,648 | 1,414,097 | 1,457,532 | |
Bank overdraft | 35,500 | 43,349 | 506,943 | 3,908 | 4,679 | 9,999 | 27,452 | ||||||||
Bank loan | 40,000 | ||||||||||||||
Trade Creditors | 126,492 | 80,715 | 8,231 | 116,742 | 87,933 | 96,390 | 109,598 | 183,204 | 43,048 | 665,749 | 709,998 | 895,588 | 839,719 | 705,138 | |
Group/Directors Accounts | |||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 819,954 | 1,011,187 | 752,524 | 402,354 | 559,176 | 609,567 | 507,258 | 275,608 | 462,380 | ||||||
total current liabilities | 986,446 | 1,127,402 | 804,104 | 1,026,039 | 651,017 | 710,636 | 626,855 | 458,812 | 532,880 | 665,749 | 709,998 | 895,588 | 839,719 | 705,138 | |
loans | 93,333 | 137,833 | 166,194 | ||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 500,000 | ||||||||||||||
provisions | 2,650 | 2,939 | 6,455 | 8,176 | 9,164 | 13,113 | 10,041 | 2,470 | 4,514 | 6,149 | 6,657 | 5,239 | 2,742 | ||
total long term liabilities | 93,333 | 140,483 | 169,133 | 6,455 | 8,176 | 9,164 | 13,113 | 10,041 | 2,470 | 4,514 | 6,149 | 6,657 | 5,239 | 502,742 | |
total liabilities | 1,079,779 | 1,267,885 | 973,237 | 1,032,494 | 659,193 | 719,800 | 639,968 | 468,853 | 535,350 | 670,263 | 716,147 | 902,245 | 844,958 | 1,207,880 | |
net assets | 129,257 | 270,124 | 320,034 | 496,714 | 829,687 | 1,714,362 | 1,515,433 | 1,297,989 | 1,262,480 | 1,121,595 | 979,470 | 825,403 | 569,139 | 249,652 | |
total shareholders funds | 129,257 | 270,124 | 320,034 | 496,714 | 829,687 | 1,714,362 | 1,515,433 | 1,297,989 | 1,262,480 | 1,121,595 | 979,470 | 825,403 | 569,139 | 249,652 |
Mar 2024 | Mar 2023 | Mar 2022 | 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 | |||||||||||||||
Depreciation | 20,160 | 18,954 | 36,303 | 17,036 | 37,919 | 44,169 | 44,924 | 34,215 | 23,747 | 22,666 | 21,720 | 19,014 | 8,452 | 3,843 | |
Amortisation | 54,673 | 50,000 | 50,136 | 50,136 | 50,136 | 50,136 | 50,120 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | |
Tax | |||||||||||||||
Stock | |||||||||||||||
Debtors | -64,236 | 10,060 | 102,223 | -214,645 | -238,553 | 199,552 | 52,614 | -267,129 | 71,279 | 257,027 | -124,710 | 468,883 | 114,609 | 228,614 | |
Creditors | 45,777 | 72,484 | -108,511 | 28,809 | -8,457 | -13,208 | -73,606 | 140,156 | -622,701 | -44,249 | -185,590 | 55,869 | 134,581 | 705,138 | |
Accruals and Deferred Income | -191,233 | 258,663 | 350,170 | -156,822 | -50,391 | 102,309 | 231,650 | -186,772 | 462,380 | ||||||
Deferred Taxes & Provisions | -2,650 | -289 | -3,516 | -1,721 | -988 | -3,949 | 3,072 | 7,571 | -2,044 | -1,635 | -508 | 1,418 | 2,497 | 2,742 | |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 37 | 7 | 508 | ||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 40,000 | ||||||||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | -44,500 | -28,361 | 166,194 | ||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | -500,000 | 500,000 | |||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -278,436 | 277,524 | -272,749 | 320,243 | -650,100 | 151,499 | 377,601 | 262,293 | -24,956 | -98,989 | 148,050 | -136,613 | -117,201 | 263,121 | |
overdraft | -35,500 | -7,849 | -463,594 | 503,035 | -771 | -5,320 | 9,999 | -27,452 | 27,452 | ||||||
change in cash | -242,936 | 285,373 | 190,845 | -182,792 | -649,329 | 156,819 | 367,602 | 289,745 | -52,408 | -98,989 | 148,050 | -136,613 | -117,201 | 263,121 |
g2 legal limited Credit Report and Business Information
G2 Legal Limited Competitor Analysis

Perform a competitor analysis for g2 legal limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in BN1 area or any other competitors across 12 key performance metrics.
g2 legal limited Ownership
G2 LEGAL LIMITED group structure
G2 Legal Limited has no subsidiary companies.
g2 legal limited directors
G2 Legal Limited currently has 2 directors. The longest serving directors include Ms Annette Thorpe (Mar 2010) and Ms Barbara Fry (Jan 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Annette Thorpe | United Kingdom | 63 years | Mar 2010 | - | Director |
Ms Barbara Fry | England | 71 years | Jan 2013 | - | Director |
P&L
March 2024turnover
5.1m
+1%
operating profit
-142.5k
0%
gross margin
23.2%
-7.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
129.3k
-0.52%
total assets
1.2m
-0.21%
cash
221.3k
-0.56%
net assets
Total assets minus all liabilities
g2 legal limited company details
company number
04354289
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
January 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
g2 legal recruitment ltd (April 2010)
g2 legal limited (December 2005)
accountant
TC GROUP
auditor
-
address
15a brighton place, brighton, BN1 1HJ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
g2 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 3 charges/mortgages relating to g2 legal limited. Currently there are 2 open charges and 1 have been satisfied in the past.
g2 legal limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for G2 LEGAL LIMITED. This can take several minutes, an email will notify you when this has completed.
g2 legal limited Companies House Filings - See Documents
date | description | view/download |
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