
Company Number
06572143
Next Accounts
Jan 2026
Shareholders
john irvine burrowes
jane cole
Group Structure
View All
Industry
Solicitors
Registered Address
45 ladies mile road, brighton, BN1 8TA
Website
www.sussex-law.co.ukPomanda estimates the enterprise value of SUSSEX LAW LIMITED at £472k based on a Turnover of £842.7k and 0.56x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SUSSEX LAW LIMITED at £838.9k based on an EBITDA of £245.3k and a 3.42x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SUSSEX LAW LIMITED at £714.3k based on Net Assets of £411.3k and 1.74x industry multiple (adjusted for liquidity).
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Sussex Law Limited is a live company located in brighton, BN1 8TA with a Companies House number of 06572143. It operates in the solicitors sector, SIC Code 69102. Founded in April 2008, it's largest shareholder is john irvine burrowes with a 90% stake. Sussex Law Limited is a established, small sized company, Pomanda has estimated its turnover at £842.7k with declining growth in recent years.
Pomanda's financial health check has awarded Sussex Law Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £842.7k, make it smaller than the average company (£1.4m)
- Sussex Law Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (7%)
- Sussex Law Limited
7% - Industry AVG
Production
with a gross margin of 63.8%, this company has a comparable cost of product (63.8%)
- Sussex Law Limited
63.8% - Industry AVG
Profitability
an operating margin of 28.9% make it more profitable than the average company (9.6%)
- Sussex Law Limited
9.6% - Industry AVG
Employees
with 13 employees, this is below the industry average (24)
13 - Sussex Law Limited
24 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
- Sussex Law Limited
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £64.8k, this is equally as efficient (£75.3k)
- Sussex Law Limited
£75.3k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is near the average (74 days)
- Sussex Law Limited
74 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Sussex Law Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 47 days, this is less than average (196 days)
- Sussex Law Limited
196 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (20 weeks)
27 weeks - Sussex Law Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.9%, this is a lower level of debt than the average (54.9%)
47.9% - Sussex Law Limited
54.9% - Industry AVG
Sussex Law Limited's latest turnover from April 2024 is estimated at £842.7 thousand and the company has net assets of £411.3 thousand. According to their latest financial statements, Sussex Law Limited has 13 employees and maintains cash reserves of £192.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 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 | 13 | 19 | 23 | 22 | 21 | 20 | 22 | 23 | 16 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,993 | 4,602 | 5,862 | 7,326 | 9,156 | 10,890 | 11,874 | 14,073 | 17,311 | 12,560 | 6,532 | 7,761 | 8,170 | 8,068 | 10,085 |
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | 398,017 | 217,017 | |||||||||||||
Total Fixed Assets | 402,010 | 221,619 | 5,862 | 7,326 | 9,156 | 10,890 | 11,874 | 14,073 | 17,311 | 12,560 | 6,532 | 7,761 | 8,170 | 8,068 | 10,085 |
Stock & work in progress | 40,000 | 40,000 | 40,000 | 40,000 | 35,000 | 42,000 | 40,000 | 40,000 | 45,000 | 85,000 | 65,000 | 40,000 | 3,000 | 3,000 | 3,000 |
Trade Debtors | 139,662 | 105,560 | 111,402 | 83,266 | 68,292 | 100,504 | 78,185 | 80,954 | 99,524 | 132,278 | 99,467 | 75,930 | 48,430 | 30,221 | 24,540 |
Group Debtors | |||||||||||||||
Misc Debtors | 15,208 | 14,607 | 40,732 | 16,824 | 16,685 | 13,385 | 12,606 | 11,397 | 9,895 | ||||||
Cash | 192,489 | 10,043 | 149,764 | 269,792 | 72,042 | 42,472 | 4,428 | 13,177 | 53,517 | 16,667 | 102,811 | 74,097 | 6,381 | 23,433 | 23,321 |
misc current assets | |||||||||||||||
total current assets | 387,359 | 170,210 | 341,898 | 409,882 | 192,019 | 198,361 | 135,219 | 145,528 | 207,936 | 233,945 | 267,278 | 190,027 | 57,811 | 56,654 | 50,861 |
total assets | 789,369 | 391,829 | 347,760 | 417,208 | 201,175 | 209,251 | 147,093 | 159,601 | 225,247 | 246,505 | 273,810 | 197,788 | 65,981 | 64,722 | 60,946 |
Bank overdraft | 9,761 | 9,761 | 9,761 | 9,761 | 5,502 | 1,565 | 851 | 851 | |||||||
Bank loan | |||||||||||||||
Trade Creditors | 71,821 | 81,457 | 69,858 | 20,168 | 21,050 | 25,763 | |||||||||
Group/Directors Accounts | |||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 356,591 | 133,757 | 67,316 | 131,157 | 59,037 | 73,738 | 46,188 | 62,216 | 70,683 | ||||||
total current liabilities | 366,352 | 143,518 | 77,077 | 140,918 | 59,037 | 73,738 | 46,188 | 67,718 | 72,248 | 71,821 | 81,457 | 69,858 | 21,019 | 21,901 | 25,763 |
loans | 11,766 | 21,739 | 31,533 | 40,239 | |||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | |||||||||||||||
total long term liabilities | 11,766 | 21,739 | 31,533 | 40,239 | |||||||||||
total liabilities | 378,118 | 165,257 | 108,610 | 181,157 | 59,037 | 73,738 | 46,188 | 67,718 | 72,248 | 71,821 | 81,457 | 69,858 | 21,019 | 21,901 | 25,763 |
net assets | 411,251 | 226,572 | 239,150 | 236,051 | 142,138 | 135,513 | 100,905 | 91,883 | 152,999 | 174,684 | 192,353 | 127,930 | 44,962 | 42,821 | 35,183 |
total shareholders funds | 411,251 | 226,572 | 239,150 | 236,051 | 142,138 | 135,513 | 100,905 | 91,883 | 152,999 | 174,684 | 192,353 | 127,930 | 44,962 | 42,821 | 35,183 |
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 1,444 | 1,260 | 1,464 | 1,830 | 2,288 | 2,722 | 2,968 | 3,519 | 4,328 | 3,140 | 1,634 | 1,940 | 2,724 | 2,017 | 2,521 |
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | 5,000 | -7,000 | 2,000 | -5,000 | -40,000 | 20,000 | 25,000 | 37,000 | 3,000 | ||||||
Debtors | 215,703 | 185,050 | 52,044 | 15,113 | -28,912 | 23,098 | -1,560 | -17,068 | -22,859 | 32,811 | 23,537 | 27,500 | 18,209 | 5,681 | 24,540 |
Creditors | -71,821 | -9,636 | 11,599 | 49,690 | -882 | -4,713 | 25,763 | ||||||||
Accruals and Deferred Income | 222,834 | 66,441 | -63,841 | 72,120 | -14,701 | 27,550 | -16,028 | -8,467 | 70,683 | ||||||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | -9,973 | -9,794 | -8,706 | 40,239 | |||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 182,446 | -139,721 | -120,028 | 197,750 | 29,570 | 38,044 | -8,749 | -40,340 | 36,850 | -86,144 | 28,714 | 67,716 | -17,052 | 112 | 23,321 |
overdraft | 9,761 | -5,502 | 3,937 | 1,565 | -851 | 851 | |||||||||
change in cash | 182,446 | -139,721 | -120,028 | 187,989 | 29,570 | 38,044 | -3,247 | -44,277 | 35,285 | -86,144 | 28,714 | 68,567 | -17,052 | -739 | 23,321 |
Perform a competitor analysis for sussex law limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BN1 area or any other competitors across 12 key performance metrics.
SUSSEX LAW LIMITED group structure
Sussex Law Limited has no subsidiary companies.
Sussex Law Limited currently has 2 directors. The longest serving directors include Mr John Burrowes (Jan 2023) and Mr Nicholas Wescombe (Aug 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Burrowes | England | 74 years | Jan 2023 | - | Director |
Mr Nicholas Wescombe | England | 67 years | Aug 2023 | - | Director |
P&L
April 2024turnover
842.7k
-17%
operating profit
243.9k
0%
gross margin
63.8%
-8.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
411.3k
+0.82%
total assets
789.4k
+1.01%
cash
192.5k
+18.17%
net assets
Total assets minus all liabilities
company number
06572143
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
April 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
45 ladies mile road, brighton, BN1 8TA
Bank
-
Legal Advisor
-
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 sussex law limited.
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