abbey solicitors limited
Liveabbey solicitors limited Company Information
company number
06404593
incorporation date
October 2007
registered address
1 CHRISTIE WAY, MANCHESTER, M21 7QY
telephone
01618359933
Website
abbeysolicitors.co.uknet assets
598,345
turnover (est)
£1,291,601
Key People
Nadeem Ullah
Director
13 Year Directorship
map
£3.4m
This is Pomanda's estimated valuation of ABBEY SOLICITORS LIMITED based on Net Assets of £598.3k and 5.61x industry multiple (adjusted for liquidity).
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Industry Breakdown
100% Solicitors
The Industry Breakdown is vital for the calculation of Valuations, Pomanda Estimates and Similar Companies. Create a customised breakdown that accurately reflects the business operations.
Industry Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
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Company Name | Similarity Rating | Industry Overlap | Relative Size | Proximity |
|---|---|---|---|---|
| BBS LAW LTD | 100% | 99% | 4 miles | |
| RALLI LTD. | 100% | 98% | 3 miles | |
| NEXUS SOLICITORS LIMITED | 100% | 98% | 4 miles | |
| KPHP LIMITED | 100% | 98% | 1 miles | |
| POTTER REES LIMITED | 100% | 98% | 3 miles |
Balance Sheet March 2020
net assets
598.3k
-0.14%
total assets
1.2m
-0.15%
cash
373.9k
+0.02%
net assets
Total assets minus all liabilities
Profit & Loss March 2020
turnover
1.3m
0%
operating profit
-95k
0%
gross margin
71.1%
+7.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
abbey solicitors limited Credit Report and Business Information
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abbey solicitors limited Ownership
group structure
Ultimate parent company
ABBEY SOLICITORS LIMITED
06404593
abbey solicitors limited directors
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nadeem Ullah | England | 50 years | Oct 2007 | - | Director |
ABBEY SOLICITORS LIMITED financials
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|
| Turnover | 1,291,601 | 2,708,619 | 3,057,854 | 2,750,100 | 1,970,347 |
| Cost Of Sales | 373,877 | 915,759 | 1,011,780 | 1,002,950 | 763,927 |
| Gross Profit | 917,725 | 1,792,860 | 2,046,075 | 1,747,150 | 1,206,420 |
| Admin Expenses | 1,012,683 | 1,939,816 | 2,387,117 | 1,620,380 | 1,079,527 |
| Operating Profit | -94,958 | -146,956 | -341,042 | 126,770 | 126,893 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 2,775 | 3,823 | 5,436 | 4,195 | 8,236 |
| Pre-Tax Profit | -93,465 | -143,133 | -335,606 | 130,965 | 135,129 |
| Tax | 0 | 0 | 0 | -26,193 | -27,026 |
| Profit After Tax | -93,465 | -143,133 | -335,606 | 104,772 | 108,103 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -93,465 | -143,133 | -335,606 | 104,772 | 108,103 |
| Employee Costs | 1,280,537 | 1,307,647 | 1,299,214 | 1,408,058 | 1,068,887 |
| Number Of Employees | 41 | 44 | 45 | 48 | 35 |
| EBITDA* | -89,291 | -139,807 | -335,374 | 128,057 | 128,044 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
abbey solicitors limited company details
company number
06404593
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
October 2007
age
14
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
1 CHRISTIE WAY, MANCHESTER, M21 7QY
last accounts submitted
March 2020