restons solicitors limited

Live MatureSmallDeclining

restons solicitors limited Company Information

Share RESTONS SOLICITORS LIMITED

Company Number

05584055

Shareholders

christopher john reston

sara caroline reston

View All

Group Structure

View All

Industry

Solicitors

 

Registered Address

trinity chambers, 800 mandarin court, centre park, warrington, WA1 1GG

restons solicitors limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of RESTONS SOLICITORS LIMITED at £1.9m based on a Turnover of £3.1m and 0.62x industry multiple (adjusted for size and gross margin).

restons solicitors limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RESTONS SOLICITORS LIMITED at £0 based on an EBITDA of £-85.1k and a 3.76x industry multiple (adjusted for size and gross margin).

restons solicitors limited Estimated Valuation

£7.2m

Pomanda estimates the enterprise value of RESTONS SOLICITORS LIMITED at £7.2m based on Net Assets of £4.1m and 1.74x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Restons Solicitors Limited Overview

Restons Solicitors Limited is a live company located in centre park, WA1 1GG with a Companies House number of 05584055. It operates in the solicitors sector, SIC Code 69102. Founded in October 2005, it's largest shareholder is christopher john reston with a 31% stake. Restons Solicitors Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.1m with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Restons Solicitors Limited Health Check

Pomanda's financial health check has awarded Restons Solicitors Limited a 4.5 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 Rating4.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £3.1m, make it larger than the average company (£1.2m)

£3.1m - Restons Solicitors Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (6.4%)

-8% - Restons Solicitors Limited

6.4% - Industry AVG

production

Production

with a gross margin of 69.9%, this company has a comparable cost of product (69.9%)

69.9% - Restons Solicitors Limited

69.9% - Industry AVG

profitability

Profitability

an operating margin of -6% make it less profitable than the average company (10.1%)

-6% - Restons Solicitors Limited

10.1% - Industry AVG

employees

Employees

with 40 employees, this is above the industry average (17)

40 - Restons Solicitors Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.2k, the company has an equivalent pay structure (£39.2k)

£39.2k - Restons Solicitors Limited

£39.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £78k, this is equally as efficient (£74.2k)

£78k - Restons Solicitors Limited

£74.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 89 days, this is later than average (66 days)

89 days - Restons Solicitors Limited

66 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 42 days, this is slower than average (31 days)

42 days - Restons Solicitors Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Restons Solicitors Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 140 weeks, this is more cash available to meet short term requirements (23 weeks)

140 weeks - Restons Solicitors Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.3%, this is a lower level of debt than the average (52.4%)

14.3% - Restons Solicitors Limited

52.4% - Industry AVG

RESTONS SOLICITORS LIMITED financials

EXPORTms excel logo

Restons Solicitors Limited's latest turnover from November 2023 is estimated at £3.1 million and the company has net assets of £4.1 million. According to their latest financial statements, Restons Solicitors Limited has 40 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover3,120,9812,300,2102,537,5953,990,4636,393,27112,981,32610,131,6998,671,9495,554,4895,042,8694,406,7354,450,7765,181,3893,269,612
Other Income Or Grants
Cost Of Sales939,941691,8451,024,2881,851,4912,351,8184,374,3013,068,1442,531,3072,240,7781,991,1962,014,5081,754,2221,899,4191,057,910
Gross Profit2,181,0401,608,3661,513,3072,138,9724,041,4538,607,0257,063,5556,140,6423,313,7113,051,6732,392,2272,696,5543,281,9702,211,703
Admin Expenses2,369,6841,645,2471,253,5411,928,6483,376,8967,783,3964,496,3566,603,5742,235,7121,723,7391,948,3271,152,8761,088,1551,950,787-7,524,970
Operating Profit-188,644-36,881259,766210,324664,557823,6292,567,199-462,9321,077,9991,327,934443,9001,543,6782,193,815260,9167,524,970
Interest Payable
Interest Receivable119,88381,2442,9973,14316,1349,52410,8916,68222,04175,33911,05515,2088,1499,7024,516
Pre-Tax Profit-68,76144,363262,763213,467680,691833,1532,578,090-456,2501,100,0401,403,273454,9551,578,8862,201,964270,6187,529,486
Tax-8,429-49,925-40,559-129,331-158,299-489,837-243,763-354,150-104,640-481,864-650,122-75,773-2,108,256
Profit After Tax-68,76135,934212,838172,908551,360674,8542,088,253-456,250856,2771,049,123350,3151,097,0221,551,842194,8455,421,230
Dividends Paid1,000,0001,000,000700,0004,500,000
Retained Profit-68,76135,934212,838172,908551,360674,8542,088,253-456,250-143,72349,123350,315397,022-2,948,158194,8455,421,230
Employee Costs1,568,9971,536,5681,529,7142,250,5464,518,1105,674,1224,442,5713,189,0552,647,2942,103,7982,508,2272,607,0213,363,4622,051,565
Number Of Employees404346691271771471058663848510666
EBITDA*-85,06486,955355,704264,429754,005924,2692,681,751-394,5611,348,2581,577,845736,2991,812,2762,495,517617,0267,866,282

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets1,488,9151,587,9951,639,464538,094510,209588,256659,435154,213150,61316,19315,26661,78067,44684,938102,913
Intangible Assets2,640,0002,880,0003,120,0003,360,0003,600,0003,840,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,488,9151,587,9951,639,464538,094510,209588,256659,435154,213150,6132,656,1932,895,2663,181,7803,427,4463,684,9383,942,913
Stock & work in progress
Trade Debtors765,436331,343498,472701,197972,9263,138,1172,589,5012,650,146949,1041,601,245676,359217,000473,083562,118430,017
Group Debtors426,34042,595
Misc Debtors273,782222,809134,125224,352162,269306,684197,973175,29859,20784,334152,983104,734
Cash1,866,7812,700,2082,716,0883,278,2573,006,8591,295,5211,244,3393,112,2092,233,4101,977,8552,073,1932,348,6561,999,1352,074,4171,806,313
misc current assets
total current assets3,332,3393,296,9553,348,6854,203,8064,142,0544,740,3224,031,8135,937,6533,241,7213,663,4342,749,5522,718,6392,576,9522,636,5352,236,330
total assets4,821,2544,884,9504,988,1494,741,9004,652,2635,328,5784,691,2486,091,8663,392,3346,319,6275,644,8185,900,4196,004,3986,321,4736,179,243
Bank overdraft
Bank loan
Trade Creditors 110,293238,088206,733269,423208,321358,525249,527433,210179,916205,4532,229,464197,896104,502705,298757,913
Group/Directors Accounts120,6101,2631,4025,5389,79923,097571,3932,724,3211,371,8941,373,6622,228,8012,633,536
other short term finances
hp & lease commitments
other current liabilities458,461413,882580,529494,973642,6441,694,7241,282,0212,445,102919,7701,276,035408,683598,343
total current liabilities689,364653,233788,664769,934860,7642,076,3462,102,9415,602,6332,471,5802,855,1502,229,4642,835,3803,336,381705,298757,913
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions31,06634,76820,08712,52824,62135,55024,729
total long term liabilities31,06634,76820,08712,52824,62135,55024,729
total liabilities689,364684,299823,432790,021873,2922,100,9672,138,4915,627,3622,471,5802,855,1502,229,4642,835,3803,336,381705,298757,913
net assets4,131,8904,200,6514,164,7173,951,8793,778,9713,227,6112,552,757464,504920,7543,464,4773,415,3543,065,0392,668,0175,616,1755,421,330
total shareholders funds4,131,8904,200,6514,164,7173,951,8793,778,9713,227,6112,552,757464,504920,7543,464,4773,415,3543,065,0392,668,0175,616,1755,421,330
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit-188,644-36,881259,766210,324664,557823,6292,567,199-462,9321,077,9991,327,934443,9001,543,6782,193,815260,9167,524,970
Depreciation103,580123,83695,93854,10589,448100,640114,55268,37130,2599,91152,39928,59861,702116,110101,312
Amortisation240,000240,000240,000240,000240,000240,000240,000
Tax-8,429-49,925-40,559-129,331-158,299-489,837-243,763-354,150-104,640-481,864-650,122-75,773-2,108,256
Stock
Debtors868,811-35,850-292,952-209,646-2,309,606657,327-37,9701,817,133-677,2681,009,220306,376-207,83415,699132,101430,017
Creditors-127,79531,355-62,69061,102-150,204108,998-183,683253,294-25,537-2,024,0112,031,56893,394-600,796-52,615757,913
Accruals and Deferred Income44,579-166,64785,556-147,671-1,052,080412,703-1,163,0811,525,332-356,2651,276,035-408,683-189,660598,343
Deferred Taxes & Provisions-31,066-3,70214,6817,559-12,093-10,92910,82124,729
Cash flow from operations-1,068,157-24,618636,278354,5061,719,903619,415893,941-408,3391,399,961-533,5011,948,1681,441,9801,827,243356,5376,085,922
Investing Activities
capital expenditure-4,500-72,367-1,197,308-81,990-11,401-29,461-619,774-71,971-164,679-10,838-5,885-22,932-44,210-98,135-4,284,225
Change in Investments
cash flow from investments-4,500-72,367-1,197,308-81,990-11,401-29,461-619,774-71,971-164,679-10,838-5,885-22,932-44,210-98,135-4,284,225
Financing Activities
Bank loans
Group/Directors Accounts119,347-139-4,136-4,261-13,298-548,296-2,152,9281,352,427-1,7681,373,662-2,228,801-404,7352,633,536
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-2,400,000100
interest119,88381,2442,9973,14316,1349,52410,8916,68222,04175,33911,05515,2088,1499,7024,516
cash flow from financing239,23081,105-1,139-1,1182,836-538,772-2,142,0371,359,109-2,379,7271,449,001-2,217,746-389,5272,641,6859,7024,616
cash and cash equivalents
cash-833,427-15,880-562,169271,3981,711,33851,182-1,867,870878,799255,555-95,338-275,463349,521-75,282268,1041,806,313
overdraft
change in cash-833,427-15,880-562,169271,3981,711,33851,182-1,867,870878,799255,555-95,338-275,463349,521-75,282268,1041,806,313

restons solicitors limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for restons solicitors limited. Get real-time insights into restons solicitors limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Restons Solicitors Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for restons solicitors limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WA1 area or any other competitors across 12 key performance metrics.

restons solicitors limited Ownership

RESTONS SOLICITORS LIMITED group structure

Restons Solicitors Limited has no subsidiary companies.

Ultimate parent company

RESTONS SOLICITORS LIMITED

05584055

RESTONS SOLICITORS LIMITED Shareholders

christopher john reston 31%
sara caroline reston 21%
peter john ronald stewart 12%
charles edward maxim reston 12%
oliver sebastian reston 12%
viveca maya stewart 12%

restons solicitors limited directors

Restons Solicitors Limited currently has 4 directors. The longest serving directors include Mr Christopher Reston (Oct 2005) and Mr Lee Warburton (Sep 2017).

officercountryagestartendrole
Mr Christopher Reston75 years Oct 2005- Director
Mr Lee WarburtonEngland57 years Sep 2017- Director
Mr Peter StewartUnited Kingdom46 years Sep 2019- Director
Mr Neil KellyUnited Kingdom64 years Nov 2019- Director

P&L

November 2023

turnover

3.1m

+36%

operating profit

-188.6k

0%

gross margin

69.9%

-0.06%

turnover

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

Balance Sheet

November 2023

net assets

4.1m

-0.02%

total assets

4.8m

-0.01%

cash

1.9m

-0.31%

net assets

Total assets minus all liabilities

restons solicitors limited company details

company number

05584055

Type

Private limited with Share Capital

industry

69102 - Solicitors

incorporation date

October 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

November 2023

previous names

N/A

accountant

ROYCE PEELING GREEN LIMITED

auditor

-

address

trinity chambers, 800 mandarin court, centre park, warrington, WA1 1GG

Bank

-

Legal Advisor

-

restons 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 did not find charges/mortgages relating to restons solicitors limited.

restons solicitors 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 RESTONS SOLICITORS LIMITED. This can take several minutes, an email will notify you when this has completed.

restons solicitors limited Companies House Filings - See Documents

datedescriptionview/download