mendell solicitors limited Company Information
Company Number
06191718
Website
mendell-solicitors.co.ukRegistered Address
20 roundhouse court, south rings business park, preston, lancashire, PR5 6DA
Industry
Solicitors
Telephone
-
Next Accounts Due
March 2024
Group Structure
View All
Directors
Barrie Mendell17 Years
Shareholders
barrie mendell 100%
mendell solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of MENDELL SOLICITORS LIMITED at £840.3k based on a Turnover of £1.5m and 0.55x industry multiple (adjusted for size and gross margin).
mendell solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of MENDELL SOLICITORS LIMITED at £0 based on an EBITDA of £-33.3k and a 2.74x industry multiple (adjusted for size and gross margin).
mendell solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of MENDELL SOLICITORS LIMITED at £1m based on Net Assets of £484.4k and 2.12x industry multiple (adjusted for liquidity).
Mendell Solicitors Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Mendell Solicitors Limited Overview
Mendell Solicitors Limited is a dissolved company that was located in preston, PR5 6DA with a Companies House number of 06191718. It operated in the solicitors sector, SIC Code 69102. Founded in March 2007, it's largest shareholder was barrie mendell with a 100% stake. The last turnover for Mendell Solicitors Limited was estimated at £1.5m.
Upgrade for unlimited company reports & a free credit check
Mendell Solicitors Limited Health Check
Pomanda's financial health check has awarded Mendell Solicitors Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £1.5m, make it larger than the average company (£860.7k)
- Mendell Solicitors Limited
£860.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.8%)
- Mendell Solicitors Limited
2.8% - Industry AVG
Production
with a gross margin of 36.2%, this company has a higher cost of product (53.4%)
- Mendell Solicitors Limited
53.4% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (11.7%)
- Mendell Solicitors Limited
11.7% - Industry AVG
Employees
with 18 employees, this is below the industry average (63)
- Mendell Solicitors Limited
63 - Industry AVG
Pay Structure
on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)
- Mendell Solicitors Limited
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £84.4k, this is more efficient (£58.4k)
- Mendell Solicitors Limited
£58.4k - Industry AVG
Debtor Days
it gets paid by customers after 169 days, this is later than average (64 days)
- Mendell Solicitors Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (41 days)
- Mendell Solicitors Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mendell Solicitors Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (16 weeks)
10 weeks - Mendell Solicitors Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.7%, this is a lower level of debt than the average (68.7%)
38.7% - Mendell Solicitors Limited
68.7% - Industry AVG
mendell solicitors limited Credit Report and Business Information
Mendell Solicitors Limited Competitor Analysis
Perform a competitor analysis for mendell solicitors limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mendell solicitors limited Ownership
MENDELL SOLICITORS LIMITED group structure
Mendell Solicitors Limited has no subsidiary companies.
Ultimate parent company
MENDELL SOLICITORS LIMITED
06191718
mendell solicitors limited directors
Mendell Solicitors Limited currently has 1 director, Mr Barrie Mendell serving since Mar 2007.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Barrie Mendell | 46 years | Mar 2007 | - | Director |
MENDELL SOLICITORS LIMITED financials
Mendell Solicitors Limited's latest turnover from June 2014 is estimated at £1.5 million and the company has net assets of £484.4 thousand. According to their latest financial statements, we estimate that Mendell Solicitors Limited has 18 employees and maintains cash reserves of £59.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 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 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|
Tangible Assets | 25,105 | 27,488 | 30,824 | 24,975 | 9,464 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 25,105 | 27,488 | 30,824 | 24,975 | 9,464 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 706,081 | 693,485 | 481,283 | 605,590 | 290,417 |
Group Debtors | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 |
Cash | 59,141 | 294,661 | 81,756 | 238,682 | 22,376 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 765,222 | 988,146 | 563,039 | 844,272 | 312,793 |
total assets | 790,327 | 1,015,634 | 593,863 | 869,247 | 322,257 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 300,926 | 485,917 | 343,091 | 640,877 | 219,426 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 300,926 | 485,917 | 343,091 | 640,877 | 219,426 |
loans | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 |
provisions | 5,021 | 5,498 | 6,165 | 6,494 | 1,987 |
total long term liabilities | 5,021 | 5,498 | 6,165 | 6,494 | 1,987 |
total liabilities | 305,947 | 491,415 | 349,256 | 647,371 | 221,413 |
net assets | 484,380 | 524,219 | 244,607 | 221,876 | 100,844 |
total shareholders funds | 484,380 | 524,219 | 244,607 | 221,876 | 100,844 |
Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | 7,436 | 8,698 | 7,690 | 8,325 | 2,707 |
Amortisation | 0 | 0 | 0 | 0 | 0 |
Tax | |||||
Stock | 0 | 0 | 0 | 0 | 0 |
Debtors | 12,596 | 212,202 | -124,307 | 315,173 | 290,417 |
Creditors | -184,991 | 142,826 | -297,786 | 421,451 | 219,426 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -477 | -667 | -329 | 4,507 | 1,987 |
Cash flow from operations | |||||
Investing Activities | |||||
capital expenditure | |||||
Change in Investments | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||
Financing Activities | |||||
Bank loans | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 |
share issue | |||||
interest | |||||
cash flow from financing | |||||
cash and cash equivalents | |||||
cash | -235,520 | 212,905 | -156,926 | 216,306 | 22,376 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | -235,520 | 212,905 | -156,926 | 216,306 | 22,376 |
P&L
June 2014turnover
1.5m
-2%
operating profit
-40.7k
0%
gross margin
36.2%
+4.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2014net assets
484.4k
-0.08%
total assets
790.3k
-0.22%
cash
59.1k
-0.8%
net assets
Total assets minus all liabilities
mendell solicitors limited company details
company number
06191718
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
March 2007
age
17
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
incorporated
UK
address
20 roundhouse court, south rings business park, preston, lancashire, PR5 6DA
last accounts submitted
June 2014
mendell 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 mendell solicitors limited. Currently there are 1 open charges and 0 have been satisfied in the past.
mendell solicitors limited Companies House Filings - See Documents
date | description | view/download |
---|