workplace legal solutions limited

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workplace legal solutions limited Company Information

Share WORKPLACE LEGAL SOLUTIONS LIMITED

Company Number

06564500

Shareholders

rada kemp

Group Structure

View All

Industry

Management consultancy activities (other than financial management)

 

Registered Address

51 nicolas road, chorlton cum hardy, M21 9LG

workplace legal solutions limited Estimated Valuation

£38.2k

Pomanda estimates the enterprise value of WORKPLACE LEGAL SOLUTIONS LIMITED at £38.2k based on a Turnover of £80.7k and 0.47x industry multiple (adjusted for size and gross margin).

workplace legal solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WORKPLACE LEGAL SOLUTIONS LIMITED at £0 based on an EBITDA of £-68.3k and a 4.08x industry multiple (adjusted for size and gross margin).

workplace legal solutions limited Estimated Valuation

£277.5k

Pomanda estimates the enterprise value of WORKPLACE LEGAL SOLUTIONS LIMITED at £277.5k based on Net Assets of £106.3k and 2.61x industry multiple (adjusted for liquidity).

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Workplace Legal Solutions Limited Overview

Workplace Legal Solutions Limited is a live company located in chorlton cum hardy, M21 9LG with a Companies House number of 06564500. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in April 2008, it's largest shareholder is rada kemp with a 100% stake. Workplace Legal Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £80.7k with declining growth in recent years.

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Workplace Legal Solutions Limited Health Check

Pomanda's financial health check has awarded Workplace Legal Solutions Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £80.7k, make it smaller than the average company (£425.8k)

£80.7k - Workplace Legal Solutions Limited

£425.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (10.6%)

-7% - Workplace Legal Solutions Limited

10.6% - Industry AVG

production

Production

with a gross margin of 58.4%, this company has a comparable cost of product (58.4%)

58.4% - Workplace Legal Solutions Limited

58.4% - Industry AVG

profitability

Profitability

an operating margin of -85.4% make it less profitable than the average company (8.4%)

-85.4% - Workplace Legal Solutions Limited

8.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Workplace Legal Solutions Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)

£49.1k - Workplace Legal Solutions Limited

£49.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £40.4k, this is less efficient (£116.3k)

£40.4k - Workplace Legal Solutions Limited

£116.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (63 days)

1 days - Workplace Legal Solutions Limited

63 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Workplace Legal Solutions Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Workplace Legal Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 129 weeks, this is more cash available to meet short term requirements (27 weeks)

129 weeks - Workplace Legal Solutions Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 38.7%, this is a lower level of debt than the average (52.7%)

38.7% - Workplace Legal Solutions Limited

52.7% - Industry AVG

WORKPLACE LEGAL SOLUTIONS LIMITED financials

EXPORTms excel logo

Workplace Legal Solutions Limited's latest turnover from March 2024 is estimated at £80.7 thousand and the company has net assets of £106.3 thousand. According to their latest financial statements, Workplace Legal Solutions Limited has 2 employees and maintains cash reserves of £167.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover80,74297,255267,76099,85470,21846,462230,788108,314229,250130,533252,900452,143381,54892,984263,829
Other Income Or Grants
Cost Of Sales33,63040,957108,45438,68325,83515,75075,56335,60780,26847,64688,372145,426117,31427,75482,871
Gross Profit47,11256,298159,30661,17044,38330,712155,22572,707148,98282,887164,528306,717264,23465,230180,958
Admin Expenses116,04040,97189,86372,91568,91757,810179,01310,732138,65594,145248,595259,803141,11338,810101,792
Operating Profit-68,92815,32769,443-11,745-24,534-27,098-23,78861,97510,327-11,258-84,06746,914123,12126,42079,166
Interest Payable
Interest Receivable10,8719,5231,3991822021,7731,3946279648969981,050822507183
Pre-Tax Profit-58,05724,84970,842-11,563-24,332-25,325-22,39462,60311,291-10,362-83,06947,963123,94326,92679,349
Tax-4,721-13,460-12,520-2,258-11,511-32,225-7,539-22,218
Profit After Tax-58,05720,12857,382-11,563-24,332-25,325-22,39450,0829,033-10,362-83,06936,45291,71819,38757,131
Dividends Paid
Retained Profit-58,05720,12857,382-11,563-24,332-25,325-22,39450,0829,033-10,362-83,06936,45291,71819,38757,131
Employee Costs98,19291,72090,23083,59641,48949,97492,34347,88398,29849,462100,815201,435196,15346,360149,377
Number Of Employees222211212124413
EBITDA*-68,29615,95969,573-11,648-23,977-26,543-23,02662,70510,600-10,985-84,00146,914123,12126,42079,166

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets8781,5101282583556541,2091,840480753198
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8781,5101282583556541,2091,840480753198
Stock & work in progress
Trade Debtors4205,00357,8608,6589,4381,55418,31434,6959,77832,45471,40556,6829,72440,680
Group Debtors
Misc Debtors4,620
Cash167,543246,584201,545171,589192,154211,353261,380296,323205,650179,916178,527220,571199,291129,53973,099
misc current assets
total current assets172,583251,587259,405180,247201,592212,907261,380314,637240,345189,694210,981291,976255,973139,263113,779
total assets173,461253,097259,533180,505201,947213,561262,589316,477240,825190,447211,179291,976255,973139,263113,779
Bank overdraft
Bank loan
Trade Creditors 79,09089,46084,78887,63762,64556,548
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities67,15088,729115,29393,647103,52690,808114,511146,005120,435
total current liabilities67,15088,729115,29393,647103,52690,808114,511146,005120,43579,09089,46084,78887,63762,64556,548
loans
hp & lease commitments
Accruals and Deferred Income2,400
other liabilities
provisions
total long term liabilities2,400
total liabilities67,15088,729115,29393,647103,52690,808114,511146,005120,43579,09089,46087,18887,63762,64556,548
net assets106,311164,368144,24086,85898,421122,753148,078170,472120,390111,357121,719204,788168,33676,61857,231
total shareholders funds106,311164,368144,24086,85898,421122,753148,078170,472120,390111,357121,719204,788168,33676,61857,231
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-68,92815,32769,443-11,745-24,534-27,098-23,78861,97510,327-11,258-84,06746,914123,12126,42079,166
Depreciation6326321309755755576273027327366
Amortisation
Tax-4,721-13,460-12,520-2,258-11,511-32,225-7,539-22,218
Stock
Debtors37-52,85749,202-7807,8841,554-18,314-16,38124,917-22,676-38,95114,72346,958-30,95640,680
Creditors-79,090-10,3704,672-2,84924,9926,09756,548
Accruals and Deferred Income-21,579-26,56421,646-9,87912,718-23,703-31,49425,570120,435-2,4002,400
Deferred Taxes & Provisions
Cash flow from operations-89,91237,53128,557-20,747-19,143-51,800-36,20692,13624,7701,321-42,77820,23168,93055,93472,816
Investing Activities
capital expenditure-2,014-258-131-2,090-828-264
Change in Investments
cash flow from investments-2,014-258-131-2,090-828-264
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest10,8719,5231,3991822021,7731,3946279648969981,050822507183
cash flow from financing10,8719,5231,3991822021,7731,3946279648969981,050822507283
cash and cash equivalents
cash-79,04145,03929,956-20,565-19,199-50,027-34,94390,67325,7341,389-42,04421,28069,75256,44073,099
overdraft
change in cash-79,04145,03929,956-20,565-19,199-50,027-34,94390,67325,7341,389-42,04421,28069,75256,44073,099

workplace legal solutions 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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Workplace Legal Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for workplace legal solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M21 area or any other competitors across 12 key performance metrics.

workplace legal solutions limited Ownership

WORKPLACE LEGAL SOLUTIONS LIMITED group structure

Workplace Legal Solutions Limited has no subsidiary companies.

Ultimate parent company

WORKPLACE LEGAL SOLUTIONS LIMITED

06564500

WORKPLACE LEGAL SOLUTIONS LIMITED Shareholders

rada kemp 100%

workplace legal solutions limited directors

Workplace Legal Solutions Limited currently has 2 directors. The longest serving directors include Rada Kemp (May 2008) and Mr Andrew Morris (Jul 2024).

officercountryagestartendrole
Rada Kemp58 years May 2008- Director
Mr Andrew Morris56 years Jul 2024- Director

P&L

March 2024

turnover

80.7k

-17%

operating profit

-68.9k

0%

gross margin

58.4%

+0.8%

turnover

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

Balance Sheet

March 2024

net assets

106.3k

-0.35%

total assets

173.5k

-0.31%

cash

167.5k

-0.32%

net assets

Total assets minus all liabilities

workplace legal solutions limited company details

company number

06564500

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

April 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

workplace legal limited (May 2008)

accountant

-

auditor

-

address

51 nicolas road, chorlton cum hardy, M21 9LG

Bank

-

Legal Advisor

-

workplace legal solutions 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 workplace legal solutions limited.

workplace legal solutions 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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workplace legal solutions limited Companies House Filings - See Documents

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