amity law limited Company Information
Company Number
05490029
Next Accounts
73 days late
Shareholders
smoove limited
Group Structure
View All
Industry
Solicitors
Registered Address
the loweswater suite, second flo, paragon house, paragon business, bolton, lancashire, BL6 6HG
Website
www.amitylaw.co.ukamity law limited Estimated Valuation
Pomanda estimates the enterprise value of AMITY LAW LIMITED at £198.4k based on a Turnover of £338.2k and 0.59x industry multiple (adjusted for size and gross margin).
amity law limited Estimated Valuation
Pomanda estimates the enterprise value of AMITY LAW LIMITED at £0 based on an EBITDA of £-206.1k and a 3.58x industry multiple (adjusted for size and gross margin).
amity law limited Estimated Valuation
Pomanda estimates the enterprise value of AMITY LAW LIMITED at £0 based on Net Assets of £-206.4k and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Amity Law Limited Overview
Amity Law Limited is a live company located in bolton, BL6 6HG with a Companies House number of 05490029. It operates in the solicitors sector, SIC Code 69102. Founded in June 2005, it's largest shareholder is smoove limited with a 100% stake. Amity Law Limited is a mature, micro sized company, Pomanda has estimated its turnover at £338.2k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Amity Law Limited Health Check
Pomanda's financial health check has awarded Amity Law Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs


2 Strong

2 Regular

7 Weak

Size
annual sales of £338.2k, make it smaller than the average company (£1.1m)
- Amity Law Limited
£1.1m - Industry AVG

Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (5.8%)
- Amity Law Limited
5.8% - Industry AVG

Production
with a gross margin of 72.5%, this company has a comparable cost of product (72.5%)
- Amity Law Limited
72.5% - Industry AVG

Profitability
an operating margin of -65.8% make it less profitable than the average company (9.1%)
- Amity Law Limited
9.1% - Industry AVG

Employees
with 9 employees, this is below the industry average (15)
9 - Amity Law Limited
15 - Industry AVG

Pay Structure
on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)
- Amity Law Limited
£36.4k - Industry AVG

Efficiency
resulting in sales per employee of £37.6k, this is less efficient (£65.4k)
- Amity Law Limited
£65.4k - Industry AVG

Debtor Days
it gets paid by customers after 6 days, this is earlier than average (56 days)
- Amity Law Limited
56 days - Industry AVG

Creditor Days
its suppliers are paid after 67 days, this is slower than average (31 days)
- Amity Law Limited
31 days - Industry AVG

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

Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (29 weeks)
4 weeks - Amity Law Limited
29 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 344.5%, this is a higher level of debt than the average (47.4%)
344.5% - Amity Law Limited
47.4% - Industry AVG
AMITY LAW LIMITED financials

Amity Law Limited's latest turnover from March 2023 is estimated at £338.2 thousand and the company has net assets of -£206.4 thousand. According to their latest financial statements, Amity Law Limited has 9 employees and maintains cash reserves of £25.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | 9 | 9 | 12 | 12 | 10 | 9 | 10 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 34,603 | 17,834 | 37,188 | 37,705 | 26,145 | 26,084 | 28,612 | 31,114 | 14,254 | 13,072 | 7,617 | 4,956 | 10,220 | 11,546 |
Intangible Assets | 2,000 | |||||||||||||
Investments & Other | ||||||||||||||
Debtors (Due After 1 year) | ||||||||||||||
Total Fixed Assets | 34,603 | 17,834 | 37,188 | 37,705 | 26,145 | 26,084 | 28,612 | 31,114 | 14,254 | 13,072 | 7,617 | 4,956 | 10,220 | 13,546 |
Stock & work in progress | 6,234 | 4,327 | ||||||||||||
Trade Debtors | 5,654 | 6,368 | 29,499 | 17,694 | 35,862 | 34,546 | 20,811 | 16,363 | 46,954 | 33,772 | 11,593 | 31,700 | 4,104 | 5,700 |
Group Debtors | 19,874 | |||||||||||||
Misc Debtors | 18,409 | 27,209 | 51,172 | 19,509 | 16,813 | 14,963 | 14,282 | 10,759 | ||||||
Cash | 25,765 | 6,751 | 137,772 | 41,717 | 48,472 | 35,810 | 16,835 | 41,667 | 17,199 | 46,842 | 31,532 | 4,149 | 9,045 | 53 |
misc current assets | ||||||||||||||
total current assets | 49,828 | 60,202 | 218,443 | 78,920 | 101,147 | 85,319 | 51,928 | 68,789 | 64,153 | 80,614 | 43,125 | 35,849 | 19,383 | 10,080 |
total assets | 84,431 | 78,036 | 255,631 | 116,625 | 127,292 | 111,403 | 80,540 | 99,903 | 78,407 | 93,686 | 50,742 | 40,805 | 29,603 | 23,626 |
Bank overdraft | ||||||||||||||
Bank loan | ||||||||||||||
Trade Creditors | 17,125 | 17,894 | 4,567 | 36,242 | 18,006 | 14,997 | 26,721 | 22,514 | 53,431 | 61,624 | 45,262 | 46,082 | 43,264 | 65,176 |
Group/Directors Accounts | 244,923 | 212 | 117 | 386 | 87 | 14 | 2,717 | |||||||
other short term finances | 75,000 | |||||||||||||
hp & lease commitments | ||||||||||||||
other current liabilities | 28,771 | 42,072 | 73,679 | 50,564 | 57,060 | 54,434 | 50,797 | 50,188 | ||||||
total current liabilities | 290,819 | 59,966 | 153,246 | 87,018 | 75,183 | 69,817 | 77,518 | 72,789 | 53,445 | 64,341 | 45,262 | 46,082 | 43,264 | 65,176 |
loans | ||||||||||||||
hp & lease commitments | ||||||||||||||
Accruals and Deferred Income | ||||||||||||||
other liabilities | ||||||||||||||
provisions | 2,523 | 5,776 | 6,126 | 3,034 | 2,690 | 2,979 | 3,111 | 2,445 | 2,119 | 919 | 255 | 1,123 | 1,216 | |
total long term liabilities | 2,523 | 5,776 | 6,126 | 3,034 | 2,690 | 2,979 | 3,111 | 2,445 | 2,119 | 919 | 255 | 1,123 | 1,216 | |
total liabilities | 290,819 | 62,489 | 159,022 | 93,144 | 78,217 | 72,507 | 80,497 | 75,900 | 55,890 | 66,460 | 46,181 | 46,337 | 44,387 | 66,392 |
net assets | -206,388 | 15,547 | 96,609 | 23,481 | 49,075 | 38,896 | 43 | 24,003 | 22,517 | 27,226 | 4,561 | -5,532 | -14,784 | -42,766 |
total shareholders funds | -206,388 | 15,547 | 96,609 | 23,481 | 49,075 | 38,896 | 43 | 24,003 | 22,517 | 27,226 | 4,561 | -5,532 | -14,784 | -42,766 |
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 | 16,515 | 8,388 | 7,826 | 6,980 | 4,534 | 4,241 | 4,249 | 3,854 | 1,639 | 1,665 | 1,022 | 862 | 1,751 | 2,042 |
Amortisation | 2,000 | 2,000 | ||||||||||||
Tax | ||||||||||||||
Stock | -6,234 | 1,907 | 4,327 | |||||||||||
Debtors | -29,388 | -27,220 | 43,468 | -15,472 | 3,166 | 14,416 | 7,971 | -19,832 | 13,182 | 22,179 | -20,107 | 27,596 | -1,596 | 5,700 |
Creditors | -769 | 13,327 | -31,675 | 18,236 | 3,009 | -11,724 | 4,207 | -30,917 | -8,193 | 16,362 | -820 | 2,818 | -21,912 | 65,176 |
Accruals and Deferred Income | -13,301 | -31,607 | 23,115 | -6,496 | 2,626 | 3,637 | 609 | 50,188 | ||||||
Deferred Taxes & Provisions | -2,523 | -3,253 | -350 | 3,092 | 344 | -289 | -132 | 666 | 326 | 1,200 | 664 | -868 | -93 | 1,216 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | ||||||||||||||
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | ||||||||||||||
Group/Directors Accounts | 244,923 | -212 | 95 | -269 | 386 | -87 | 73 | -2,703 | 2,717 | |||||
Other Short Term Loans | -75,000 | 75,000 | ||||||||||||
Long term loans | ||||||||||||||
Hire Purchase and Lease Commitments | ||||||||||||||
other long term liabilities | ||||||||||||||
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 19,014 | -131,021 | 96,055 | -6,755 | 12,662 | 18,975 | -24,832 | 24,468 | -29,643 | 15,310 | 27,383 | -4,896 | 8,992 | 53 |
overdraft | ||||||||||||||
change in cash | 19,014 | -131,021 | 96,055 | -6,755 | 12,662 | 18,975 | -24,832 | 24,468 | -29,643 | 15,310 | 27,383 | -4,896 | 8,992 | 53 |
amity law limited Credit Report and Business Information
Amity Law Limited Competitor Analysis

Perform a competitor analysis for amity law limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BL6 area or any other competitors across 12 key performance metrics.
amity law limited Ownership
AMITY LAW LIMITED group structure
Amity Law Limited has no subsidiary companies.
Ultimate parent company
PEXA INTERNATIONAL PTY LTD
#0172262
2 parents
AMITY LAW LIMITED
05490029
amity law limited directors
Amity Law Limited currently has 4 directors. The longest serving directors include Mr Paul Saunders (Oct 2021) and Mrs Sarah Ryan (Feb 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Paul Saunders | United Kingdom | 61 years | Oct 2021 | - | Director |
Mrs Sarah Ryan | England | 54 years | Feb 2024 | - | Director |
Mrs Catherine Jamieson | England | 47 years | Mar 2024 | - | Director |
Mr Simon Wright | United Kingdom | 53 years | Feb 2025 | - | Director |
P&L
March 2023turnover
338.2k
+9%
operating profit
-222.6k
0%
gross margin
72.5%
+5.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-206.4k
-14.28%
total assets
84.4k
+0.08%
cash
25.8k
+2.82%
net assets
Total assets minus all liabilities
amity law limited company details
company number
05490029
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
June 2005
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
amity conveyancing limited (July 2016)
accountant
VOISEY & CO LLP
auditor
-
address
the loweswater suite, second flo, paragon house, paragon business, bolton, lancashire, BL6 6HG
Bank
-
Legal Advisor
-
amity law 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 did not find charges/mortgages relating to amity law limited.
amity law 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 AMITY LAW LIMITED. This can take several minutes, an email will notify you when this has completed.
amity law limited Companies House Filings - See Documents
date | description | view/download |
---|