Pomanda estimates the enterprise value of MORTIMER CLARKE SOLICITORS LIMITED at £5.7m based on a Turnover of £8.4m and 0.68x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MORTIMER CLARKE SOLICITORS LIMITED at £6.8m based on an EBITDA of £1.6m and a 4.16x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MORTIMER CLARKE SOLICITORS LIMITED at £15.4m based on Net Assets of £8.9m and 1.74x industry multiple (adjusted for liquidity).
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Mortimer Clarke Solicitors LimitedOverview
Mortimer Clarke Solicitors Limited is a live company located in west sussex, BN11 1QP with a Companies House number of 06211733. It operates in the solicitors sector, SIC Code 69102. Founded in April 2007, it's largest shareholder is
cabot financial debt recovery services limited
with a 100% stake. Mortimer Clarke Solicitors Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£8.4m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Mortimer Clarke Solicitors Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
2 Regular
3 Weak
Size
annual sales of £8.4m, make it larger than the average company (£1.5m)
£8.4m - Mortimer Clarke Solicitors Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7%)
10% - Mortimer Clarke Solicitors Limited
7% - Industry AVG
Production
with a gross margin of 67.4%, this company has a comparable cost of product (67.4%)
67.4% - Mortimer Clarke Solicitors Limited
67.4% - Industry AVG
Profitability
an operating margin of 19.6% make it more profitable than the average company (9.2%)
19.6% - Mortimer Clarke Solicitors Limited
9.2% - Industry AVG
Employees
with 135 employees, this is above the industry average (18)
135 - Mortimer Clarke Solicitors Limited
18 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£40.2k)
£36.8k - Mortimer Clarke Solicitors Limited
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £62.1k, this is less efficient (£77.9k)
£62.1k - Mortimer Clarke Solicitors Limited
£77.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (67 days)
0 days - Mortimer Clarke Solicitors Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 491 days, this is slower than average (28 days)
491 days - Mortimer Clarke Solicitors Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mortimer Clarke Solicitors Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (19 weeks)
5 weeks - Mortimer Clarke Solicitors Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.3%, this is a higher level of debt than the average (54.3%)
80.3% - Mortimer Clarke Solicitors Limited
54.3% - Industry AVG
MORTIMER CLARKE SOLICITORS LIMITED financials
EXPORT
Mortimer Clarke Solicitors Limited's latest turnover from December 2023 is £8.4 million and the company has net assets of £8.9 million. According to their latest financial statements, Mortimer Clarke Solicitors Limited has 135 employees and maintains cash reserves of £3.8 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
8,387,876
7,390,469
7,638,381
6,247,865
6,894,153
6,357,611
4,737,234
3,663,297
2,416,837
2,259,643
1,471,415
674,463
4,339,203
420,382
Other Income Or Grants
Cost Of Sales
2,732,323
2,095,884
3,009,322
3,067,900
2,732,808
2,455,479
1,576,090
1,150,516
972,108
898,217
636,737
265,832
1,578,272
127,868
Gross Profit
5,655,553
5,294,585
4,629,059
3,179,965
4,161,345
3,902,132
3,161,144
2,512,781
1,444,729
1,361,426
834,677
408,631
2,760,932
292,514
Admin Expenses
4,012,592
4,100,200
2,475,029
2,078,423
2,368,777
2,565,348
2,159,559
1,945,084
1,804,226
1,034,243
787,395
383,429
2,712,058
283,560
-42,622
Operating Profit
1,642,961
1,194,385
2,154,030
1,101,542
1,792,568
1,336,784
1,001,585
567,697
-359,497
327,183
47,282
25,202
48,874
8,954
42,622
Interest Payable
Interest Receivable
905
409
129
Pre-Tax Profit
1,642,961
1,194,385
2,154,030
1,101,542
1,792,568
1,336,784
1,001,585
567,697
-359,497
327,183
48,187
25,612
49,003
8,954
42,622
Tax
-386,433
-409,116
-209,474
-333,496
-377,307
-191,461
-113,614
72,630
-65,944
-11,083
-6,147
-12,741
-2,507
-11,934
Profit After Tax
1,256,528
1,194,385
1,744,914
892,068
1,459,072
959,477
810,124
454,083
-286,867
261,239
37,104
19,465
36,262
6,447
30,688
Dividends Paid
Retained Profit
1,256,528
1,194,385
1,744,914
892,068
1,459,072
959,477
810,124
454,083
-286,867
261,239
37,104
19,465
36,262
6,447
30,688
Employee Costs
4,972,273
4,665,338
3,907,317
3,904,597
3,659,084
3,377,142
2,737,749
1,837,816
854,586
336,339
856,070
406,448
2,797,002
283,507
Number Of Employees
135
134
131
127
123
117
104
73
44
39
28
13
87
9
EBITDA*
1,642,961
1,194,385
2,154,030
1,101,542
1,792,568
1,336,784
1,001,585
567,697
-359,497
327,183
47,282
25,202
48,874
8,954
42,622
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
16,984
26,375
4,872
4,461
14,162,755
2,246
16,200
639,949
284,349
119,432
848,743
77,329
534,832
Group Debtors
41,229,893
31,639,986
25,410,867
18,783,746
9,040,617
5,445,032
1,702,887
942,219
Misc Debtors
100,874
56,901
43,479
34,043
81,989
129,779
124,654
125,921
47,960
Cash
3,790,010
3,624,484
3,609,163
4,191,461
4,117,346
3,922,782
1,703,623
1,154,994
843,638
1,280,327
249,877
112,242
51,523
misc current assets
total current assets
45,137,761
35,347,746
29,068,381
23,013,711
18,280,101
13,047,634
7,294,634
2,982,535
1,911,778
1,968,236
534,226
231,674
900,266
77,329
534,832
total assets
45,137,761
35,347,746
29,068,381
23,013,711
18,280,101
13,047,634
7,294,634
2,982,535
1,911,778
1,968,236
534,226
231,674
900,266
77,329
534,832
Bank overdraft
31,570,840
23,311,745
Bank loan
Trade Creditors
3,676,511
3,590,742
3,570,888
3,288,745
4,297,371
3,686,382
1,450,367
970,997
994,250
1,371,257
404,258
138,810
826,867
40,192
504,142
Group/Directors Accounts
614,665
454
other short term finances
hp & lease commitments
other current liabilities
1,015,419
826,796
19,073,415
15,045,802
10,195,634
7,033,228
4,475,720
1,453,115
198,523
205,318
total current liabilities
36,262,770
27,729,283
22,644,303
18,334,547
14,493,005
10,719,610
5,926,087
2,424,112
1,807,438
1,577,029
404,258
138,810
826,867
40,192
504,142
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
36,262,770
27,729,283
22,644,303
18,334,547
14,493,005
10,719,610
5,926,087
2,424,112
1,807,438
1,577,029
404,258
138,810
826,867
40,192
504,142
net assets
8,874,991
7,618,463
6,424,078
4,679,164
3,787,096
2,328,024
1,368,547
558,423
104,340
391,207
129,968
92,864
73,399
37,137
30,690
total shareholders funds
8,874,991
7,618,463
6,424,078
4,679,164
3,787,096
2,328,024
1,368,547
558,423
104,340
391,207
129,968
92,864
73,399
37,137
30,690
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
1,642,961
1,194,385
2,154,030
1,101,542
1,792,568
1,336,784
1,001,585
567,697
-359,497
327,183
47,282
25,202
48,874
8,954
42,622
Depreciation
Amortisation
Tax
-386,433
-409,116
-209,474
-333,496
-377,307
-191,461
-113,614
72,630
-65,944
-11,083
-6,147
-12,741
-2,507
-11,934
Stock
Debtors
9,624,489
6,264,044
6,636,968
4,659,495
5,037,903
3,533,841
3,763,470
759,401
380,231
403,560
164,917
-729,311
771,414
-457,503
534,832
Creditors
85,769
19,854
282,143
-1,008,626
610,989
2,236,015
479,370
-23,253
-377,007
966,999
265,448
-688,057
786,675
-463,950
504,142
Accruals and Deferred Income
188,623
-18,246,619
4,027,613
4,850,168
3,162,406
2,557,508
3,022,605
1,254,592
-6,795
205,318
Deferred Taxes & Provisions
Cash flow from operations
-8,093,569
-23,296,424
-582,298
74,115
194,564
2,219,159
548,629
926,021
-1,050,900
1,029,996
136,730
60,309
51,394
-2
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-614,665
614,211
454
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
interest
905
409
129
cash flow from financing
-614,665
614,211
454
905
409
129
2
cash and cash equivalents
cash
165,526
15,321
-582,298
74,115
194,564
2,219,159
548,629
311,356
-436,689
1,030,450
137,635
60,719
51,523
overdraft
8,259,095
23,311,745
change in cash
-8,093,569
-23,296,424
-582,298
74,115
194,564
2,219,159
548,629
311,356
-436,689
1,030,450
137,635
60,719
51,523
mortimer clarke 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 mortimer clarke solicitors limited. Get real-time insights into mortimer clarke solicitors limited's credit score, group structure and payment trends.
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mortimer clarke solicitors limited Ownership
MORTIMER CLARKE SOLICITORS LIMITED group structure
Mortimer Clarke Solicitors Limited has no subsidiary companies.
The sole shareholder of Mortimer Clarke Solicitors Limited is Cabot Financial Debt Recovery Services Limited.
cabot financial debt recovery services limited
100%
mortimer clarke solicitors limited directors
Mortimer Clarke Solicitors Limited currently has 4 directors.
The longest serving directors include
Mrs Sandra Bayne (Jul 2015) and
Mr Andrew Rogers (Jul 2015).
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 mortimer clarke solicitors limited.
mortimer clarke 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.
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mortimer clarke solicitors limitedCompanies House Filings - See Documents
