riley hayes & co solicitors limited
riley hayes & co solicitors limited Company Information
Company Number
05372782
Registered Address
24 waterloo road, wolverhampton, west midlands, WV1 4BL
Industry
Dormant Company
Telephone
01215222331
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
hockham suthi 50%
amritpal johal 50%
riley hayes & co solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of RILEY HAYES & CO SOLICITORS LIMITED at £0 based on a Turnover of £1.6m and 0x industry multiple (adjusted for size and gross margin).
riley hayes & co solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of RILEY HAYES & CO SOLICITORS LIMITED at £0 based on an EBITDA of £294.9k and a 0x industry multiple (adjusted for size and gross margin).
riley hayes & co solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of RILEY HAYES & CO SOLICITORS LIMITED at £0 based on Net Assets of £523.9k and 0x industry multiple (adjusted for liquidity).
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Riley Hayes & Co Solicitors Limited Overview
Riley Hayes & Co Solicitors Limited is a live company located in west midlands, WV1 4BL with a Companies House number of 05372782. It operates in the dormant company sector, SIC Code 99999. Founded in February 2005, it's largest shareholder is hockham suthi with a 50% stake. Riley Hayes & Co Solicitors Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with unknown growth in recent years.
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Riley Hayes & Co Solicitors Limited Health Check
Pomanda's financial health check has awarded Riley Hayes & Co Solicitors Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£8.8m)
- Riley Hayes & Co Solicitors Limited
£8.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Riley Hayes & Co Solicitors Limited
- - Industry AVG
Production
with a gross margin of 32.1%, this company has a comparable cost of product (32.1%)
- Riley Hayes & Co Solicitors Limited
32.1% - Industry AVG
Profitability
an operating margin of 13% make it more profitable than the average company (4.7%)
- Riley Hayes & Co Solicitors Limited
4.7% - Industry AVG
Employees
with 13 employees, this is below the industry average (60)
13 - Riley Hayes & Co Solicitors Limited
60 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Riley Hayes & Co Solicitors Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £126.8k, this is less efficient (£197.7k)
- Riley Hayes & Co Solicitors Limited
£197.7k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (42 days)
- Riley Hayes & Co Solicitors Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 117 days, this is slower than average (43 days)
- Riley Hayes & Co Solicitors Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Riley Hayes & Co Solicitors Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Riley Hayes & Co Solicitors Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.8%, this is a similar level of debt than the average (71.7%)
73.8% - Riley Hayes & Co Solicitors Limited
71.7% - Industry AVG
RILEY HAYES & CO SOLICITORS LIMITED financials
Riley Hayes & Co Solicitors Limited's latest turnover from December 2023 is estimated at £1.6 million and the company has net assets of £523.9 thousand. According to their latest financial statements, Riley Hayes & Co Solicitors Limited has 13 employees and maintains cash reserves of £60.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 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 | 13 | 12 | 12 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 31,253 | 8,625 | 10,049 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1,275,000 | 1,350,000 | 1,425,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 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 | 0 | 0 |
| Total Fixed Assets | 1,306,253 | 1,358,625 | 1,435,049 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 84,644 | 184,690 | 114,059 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 546,631 | 594,595 | 539,692 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 60,586 | 110,292 | 16,162 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 691,861 | 889,577 | 669,913 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 1,998,114 | 2,248,202 | 2,104,962 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 110,546 | 241,360 | 253,572 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 359,908 | 359,557 | 356,462 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 680,435 | 954,108 | 1,091,936 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 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 | 0 | 0 |
| other current liabilities | 323,313 | 318,842 | 264,879 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,474,202 | 1,873,867 | 1,966,849 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 110,246 | 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 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 110,246 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,474,202 | 1,873,867 | 2,077,095 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 523,912 | 374,335 | 27,867 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 523,912 | 374,335 | 27,867 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 5,400 | 3,622 | 1,524 | 0 | 0 | ||||||||||
| Amortisation | 75,000 | 0 | 0 | 0 | 0 | ||||||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -148,010 | 125,534 | 653,751 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 351 | 3,095 | 356,462 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 4,471 | 53,963 | 264,879 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -273,673 | -137,828 | 1,091,936 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| Long term loans | 0 | -110,246 | 110,246 | 0 | 0 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -49,706 | 94,130 | 16,160 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | -130,814 | -12,212 | 253,572 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 81,108 | 106,342 | -237,412 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
riley hayes & co solicitors limited Credit Report and Business Information
Riley Hayes & Co Solicitors Limited Competitor Analysis
Perform a competitor analysis for riley hayes & co solicitors limited by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other small companies, companies in WV1 area or any other competitors across 12 key performance metrics.
riley hayes & co solicitors limited Ownership
RILEY HAYES & CO SOLICITORS LIMITED group structure
Riley Hayes & Co Solicitors Limited has no subsidiary companies.
Ultimate parent company
RILEY HAYES & CO SOLICITORS LIMITED
05372782
riley hayes & co solicitors limited directors
Riley Hayes & Co Solicitors Limited currently has 2 directors. The longest serving directors include Mr Hockham Suthi (Feb 2005) and Amritpal Johal (Feb 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hockham Suthi | 51 years | Feb 2005 | - | Director | |
| Amritpal Johal | 50 years | Feb 2005 | - | Director |
P&L
December 2023turnover
1.6m
-10%
operating profit
214.5k
0%
gross margin
32.2%
-3.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
523.9k
+0.4%
total assets
2m
-0.11%
cash
60.6k
-0.45%
net assets
Total assets minus all liabilities
Similar Companies
riley hayes & co solicitors limited company details
company number
05372782
Type
Private limited with Share Capital
industry
99999 - Dormant Company
incorporation date
February 2005
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
LDP LUCKMANS
auditor
-
address
24 waterloo road, wolverhampton, west midlands, WV1 4BL
Bank
-
Legal Advisor
-
riley hayes & co solicitors 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 1 charges/mortgages relating to riley hayes & co solicitors limited. Currently there are 1 open charges and 0 have been satisfied in the past.
riley hayes & co solicitors limited Companies House Filings - See Documents
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