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abbey solicitors limited

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abbey solicitors limited Company Information

company number

06404593

incorporation date

October 2007

registered address

1 CHRISTIE WAY, MANCHESTER, M21 7QY

telephone

01618359933

net assets

598,345

turnover (est)

£1,291,601

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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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

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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abbey solicitors limited Ownership

group structure

Ultimate parent company

ABBEY SOLICITORS LIMITED

06404593

nadeem ullah 100%

abbey solicitors limited directors

officercountryagestartendrole
Mr Nadeem UllahEngland50 years Oct 2007- Director

ABBEY SOLICITORS LIMITED financials

Data source: Companies HousePomanda Estimates

Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover1,291,6012,708,6193,057,8542,750,1001,970,347
Cost Of Sales373,877915,7591,011,7801,002,950763,927
Gross Profit917,7251,792,8602,046,0751,747,1501,206,420
Admin Expenses1,012,6831,939,8162,387,1171,620,3801,079,527
Operating Profit-94,958-146,956-341,042126,770126,893
Interest Payable00000
Interest Receivable2,7753,8235,4364,1958,236
Pre-Tax Profit-93,465-143,133-335,606130,965135,129
Tax000-26,193-27,026
Profit After Tax-93,465-143,133-335,606104,772108,103
Dividends Paid00000
Retained Profit-93,465-143,133-335,606104,772108,103
Employee Costs1,280,5371,307,6471,299,2141,408,0581,068,887
Number Of Employees4144454835
EBITDA*-89,291-139,807-335,374128,057128,044

* 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

None

previous names

N/A

incorporated

UK

address

1 CHRISTIE WAY, MANCHESTER, M21 7QY

last accounts submitted

March 2020