united legal services limited

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united legal services limited Company Information

Share UNITED LEGAL SERVICES LIMITED

Company Number

04594095

Shareholders

smoove limited

Group Structure

View All

Industry

Other information technology and computer service activities

 

Registered Address

masters court church road, thame, oxon, OX9 3FA

united legal services limited Estimated Valuation

£22.6m

Pomanda estimates the enterprise value of UNITED LEGAL SERVICES LIMITED at £22.6m based on a Turnover of £23.7m and 0.95x industry multiple (adjusted for size and gross margin).

united legal services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of UNITED LEGAL SERVICES LIMITED at £0 based on an EBITDA of £-2.3m and a 6.13x industry multiple (adjusted for size and gross margin).

united legal services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of UNITED LEGAL SERVICES LIMITED at £0 based on Net Assets of £-10.1m and 2.17x industry multiple (adjusted for liquidity).

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United Legal Services Limited Overview

United Legal Services Limited is a live company located in oxon, OX9 3FA with a Companies House number of 04594095. It operates in the other information technology service activities sector, SIC Code 62090. Founded in November 2002, it's largest shareholder is smoove limited with a 100% stake. United Legal Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £23.7m with healthy growth in recent years.

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United Legal Services Limited Health Check

Pomanda's financial health check has awarded United Legal Services Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £23.7m, make it larger than the average company (£7.8m)

£23.7m - United Legal Services Limited

£7.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (9%)

13% - United Legal Services Limited

9% - Industry AVG

production

Production

with a gross margin of 37.5%, this company has a higher cost of product (50%)

37.5% - United Legal Services Limited

50% - Industry AVG

profitability

Profitability

an operating margin of -13.6% make it less profitable than the average company (4%)

-13.6% - United Legal Services Limited

4% - Industry AVG

employees

Employees

with 93 employees, this is above the industry average (45)

93 - United Legal Services Limited

45 - Industry AVG

paystructure

Pay Structure

on an average salary of £83.4k, the company has an equivalent pay structure (£74k)

£83.4k - United Legal Services Limited

£74k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £254.8k, this is more efficient (£180.9k)

£254.8k - United Legal Services Limited

£180.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (51 days)

11 days - United Legal Services Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is close to average (34 days)

37 days - United Legal Services Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - United Legal Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 15 weeks, this is average cash available to meet short term requirements (13 weeks)

15 weeks - United Legal Services Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 303.7%, this is a higher level of debt than the average (63.4%)

303.7% - United Legal Services Limited

63.4% - Industry AVG

UNITED LEGAL SERVICES LIMITED financials

EXPORTms excel logo

United Legal Services Limited's latest turnover from June 2024 is £23.7 million and the company has net assets of -£10.1 million. According to their latest financial statements, United Legal Services Limited has 93 employees and maintains cash reserves of £1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover23,694,00019,194,00018,065,00016,256,00019,875,00022,135,00023,522,00019,908,00019,654,00016,049,97716,210,21910,563,6448,365,5004,630,2923,123,080
Other Income Or Grants
Cost Of Sales14,819,00012,479,00011,155,0009,836,00011,687,00013,496,00014,591,00011,595,00011,724,00010,043,97210,950,1457,279,1245,748,2592,977,4901,795,471
Gross Profit8,875,0006,715,0006,910,0006,420,0008,188,0008,639,0008,931,0008,313,0007,930,0006,006,0055,260,0743,284,5202,617,2411,652,8021,327,609
Admin Expenses12,092,00011,674,00011,218,0008,160,0005,437,0005,115,0004,626,0003,923,0004,231,0002,898,9402,378,7731,689,9081,290,5591,048,315890,505
Operating Profit-3,217,000-4,959,000-4,308,000-1,740,0002,751,0003,524,0004,305,0004,390,0003,699,0003,107,0652,881,3011,594,6121,326,682604,487437,104
Interest Payable15,00027,00031,00035,00025,0001,00016,000
Interest Receivable11,0003,0001,0003,0003,0009,0008,00011,9956,3495,3194,678574363
Pre-Tax Profit-3,221,000-4,983,000-4,339,000-1,774,0002,729,0003,527,0004,306,0004,399,0003,707,0003,119,0602,887,6501,599,9311,331,360605,061437,467
Tax890,000211,00050,000496,000-374,000-480,000-550,000-531,000-722,000-412,245-181,878-358,795-284,851-174,192-136,237
Profit After Tax-2,331,000-4,772,000-4,289,000-1,278,0002,355,0003,047,0003,756,0003,868,0002,985,0002,706,8152,705,7721,241,1361,046,509430,869301,230
Dividends Paid2,500,0003,000,0003,100,0003,000,0003,000,0007,200,000200,000603,333
Retained Profit-2,331,000-4,772,000-4,289,000-1,278,000-145,00047,000656,000868,000-15,000-4,493,1852,705,7721,241,1361,046,509230,869-302,103
Employee Costs7,754,0007,610,0006,885,0003,978,0002,657,0002,502,0002,426,0001,936,0001,848,0001,418,1451,546,2461,051,0081,558,784872,347626,942
Number Of Employees93122109857870625856535039311813
EBITDA*-2,302,000-4,235,000-3,436,000-644,0003,658,0004,207,0004,986,0005,034,0004,294,0003,476,3963,075,7451,689,7521,405,010671,255477,695

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets698,000991,0001,554,0001,828,0002,095,000406,000251,000486,000486,000665,227733,272183,58779,674288,34359,543
Intangible Assets1,665,0001,334,0001,039,0001,274,0002,695,0002,444,0002,185,0001,986,0001,730,0001,811,3541,394,346861,409354,385
Investments & Other
Debtors (Due After 1 year)21,93311,12711,12719,430
Total Fixed Assets2,363,0002,325,0002,593,0003,102,0004,790,0002,850,0002,436,0002,472,0002,216,0002,476,5812,149,5511,056,123445,186307,77359,543
Stock & work in progress48,00055,00040,00023,00029,20643,10339,32725,17618,960
Trade Debtors752,000620,000849,000727,000964,0001,173,000439,000985,000866,000450,910402,090169,733239,088162,12664,417
Group Debtors120,00029,000712,000191,000490,000430,00019,000258,4692,331,2621,470,04044,3956,086308,162
Misc Debtors668,0001,150,000880,000904,000358,000319,000560,000402,000347,000215,857115,453117,316119,736114,61174,308
Cash1,038,000879,0001,271,000751,000731,0001,061,0001,521,0001,045,0002,503,000884,3022,014,240940,5311,529,802686,209274,907
misc current assets
total current assets2,578,0002,678,0003,000,0003,094,0002,244,0003,091,0003,005,0002,491,0003,739,0001,838,7444,906,1482,736,9471,958,197987,992721,794
total assets4,941,0005,003,0005,593,0006,196,0007,034,0005,941,0005,441,0004,963,0005,955,0004,315,3257,055,6993,793,0702,403,3831,295,765781,337
Bank overdraft
Bank loan
Trade Creditors 1,537,0001,860,0001,992,0002,033,0001,477,0002,168,0001,810,0002,090,0002,169,0001,175,946956,563684,454537,776430,648215,745
Group/Directors Accounts508,000439,000155,00070,0001,821,0001,318,517260,9573,954
other short term finances
hp & lease commitments103,00098,000150,000162,000143,000
other current liabilities1,804,0001,267,0001,364,000962,000875,000793,000966,000922,000986,000807,842656,883399,317507,675330,186543,820
total current liabilities3,444,0003,225,0003,506,0003,665,0002,934,0003,116,0002,776,0003,082,0004,976,0003,302,3051,613,4461,083,7711,045,4511,021,791763,519
loans11,053,0009,006,0003,941,000
hp & lease commitments430,000607,0001,012,0001,162,0001,309,000
Accruals and Deferred Income
other liabilities
provisions80,000206,000215,000393,000340,000119,000208,000199,000241,436200,149172,96762,73625,287
total long term liabilities11,563,0009,613,0005,159,0001,377,0001,702,000340,000119,000208,000199,000241,436200,149172,96762,73625,287
total liabilities15,007,00012,838,0008,665,0005,042,0004,636,0003,456,0002,895,0003,290,0005,175,0003,543,7411,813,5951,256,7381,108,1871,047,078763,519
net assets-10,066,000-7,835,000-3,072,0001,154,0002,398,0002,485,0002,546,0001,673,000780,000771,5845,242,1042,536,3321,295,196248,68717,818
total shareholders funds-10,066,000-7,835,000-3,072,0001,154,0002,398,0002,485,0002,546,0001,673,000780,000771,5845,242,1042,536,3321,295,196248,68717,818
Jun 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-3,217,000-4,959,000-4,308,000-1,740,0002,751,0003,524,0004,305,0004,390,0003,699,0003,107,0652,881,3011,594,6121,326,682604,487437,104
Depreciation247,000274,000321,000328,000296,000195,000258,000266,000228,000216,526127,63439,96478,32866,76840,591
Amortisation668,000450,000551,000768,000611,000488,000423,000378,000367,000152,80566,81055,176
Tax890,000211,00050,000496,000-374,000-480,000-550,000-531,000-722,000-412,245-181,878-358,795-284,851-174,192-136,237
Stock-48,000-7,00015,00017,000-6,206-13,8973,77614,1516,21618,960
Debtors-259,00070,000-614,000830,000-469,000553,00023,000193,000287,764-1,945,5021,102,5221,353,870112,093-144,634446,887
Creditors-323,000-132,000-41,000556,000-691,000358,000-280,000-79,000993,054219,383272,109146,678107,128214,903215,745
Accruals and Deferred Income537,000-97,000402,00087,00082,000-173,00044,000-64,000178,158150,959257,566-108,358177,489-213,634543,820
Deferred Taxes & Provisions80,000-206,000-9,000-178,00053,000221,000-89,0009,000-42,43641,28727,182110,23137,44925,287
Cash flow from operations-859,000-4,529,000-2,420,000-513,0003,245,0003,587,0004,073,0004,159,0004,419,2185,435,1792,344,426111,4871,323,916649,293654,136
Investing Activities
capital expenditure-953,000-456,000-363,000592,000-2,847,000-1,097,000-645,000-900,000-334,419-718,294-1,277,066-706,077-224,044-295,568-100,134
Change in Investments
cash flow from investments-953,000-456,000-363,000592,000-2,847,000-1,097,000-645,000-900,000-334,419-718,294-1,277,066-706,077-224,044-295,568-100,134
Financing Activities
Bank loans
Group/Directors Accounts-508,00069,000284,000155,000-70,000-1,751,000502,4831,318,517-260,957257,0033,954
Other Short Term Loans
Long term loans2,047,0005,065,0003,941,000
Hire Purchase and Lease Commitments-172,000-457,000-162,000-128,0001,452,000
other long term liabilities
share issue100,0009,00063,00034,00058,000-108,000217,00025,00023,41622,665319,921
interest-4,000-24,000-31,000-34,000-22,0003,000-1,0009,000-8,00011,9956,3495,3194,678574363
cash flow from financing1,971,0004,593,0003,303,000-59,0001,772,00050,000146,000-1,717,000517,8991,353,1776,3495,319-256,279257,577324,238
cash and cash equivalents
cash159,000-392,000520,00020,000-330,000-460,000476,000-1,458,0001,618,698-1,129,9381,073,709-589,271843,593411,302274,907
overdraft
change in cash159,000-392,000520,00020,000-330,000-460,000476,000-1,458,0001,618,698-1,129,9381,073,709-589,271843,593411,302274,907

united legal services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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United Legal Services Limited Competitor Analysis

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Perform a competitor analysis for united legal services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in OX9 area or any other competitors across 12 key performance metrics.

united legal services limited Ownership

UNITED LEGAL SERVICES LIMITED group structure

United Legal Services Limited has no subsidiary companies.

Ultimate parent company

PEXA INTERNATIONAL PTY LTD

#0172262

2 parents

UNITED LEGAL SERVICES LIMITED

04594095

UNITED LEGAL SERVICES LIMITED Shareholders

smoove limited 100%

united legal services limited directors

United Legal Services Limited currently has 2 directors. The longest serving directors include Mr Michael Cress (May 2022) and Mr Matthew Joy (May 2024).

officercountryagestartendrole
Mr Michael Cress49 years May 2022- Director
Mr Matthew JoyEngland51 years May 2024- Director

P&L

June 2024

turnover

23.7m

+23%

operating profit

-3.2m

-35%

gross margin

37.5%

+7.07%

turnover

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

Balance Sheet

June 2024

net assets

-10.1m

+0.28%

total assets

4.9m

-0.01%

cash

1m

+0.18%

net assets

Total assets minus all liabilities

united legal services limited company details

company number

04594095

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

November 2002

age

23

incorporated

UK

ultimate parent company

PEXA INTERNATIONAL PTY LTD

accounts

Audit Exemption Subsidiary

last accounts submitted

June 2024

previous names

united solicitors limited (February 2003)

accountant

-

auditor

-

address

masters court church road, thame, oxon, OX9 3FA

Bank

-

Legal Advisor

-

united legal services 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 8 charges/mortgages relating to united legal services limited. Currently there are 0 open charges and 8 have been satisfied in the past.

united legal services 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.

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united legal services limited Companies House Filings - See Documents

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