medlaw assist ltd
medlaw assist ltd Company Information
Company Number
06689244
Website
www.medlawassist.comRegistered Address
unit 2 yeo bank business park, kenn road, clevedon, BS21 6UW
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Simon Munro16 Years
Shareholders
eleanor williams 59.6%
simon munro 40.4%
View Allmedlaw assist ltd Estimated Valuation
Pomanda estimates the enterprise value of MEDLAW ASSIST LTD at £284.5k based on a Turnover of £505.4k and 0.56x industry multiple (adjusted for size and gross margin).
medlaw assist ltd Estimated Valuation
Pomanda estimates the enterprise value of MEDLAW ASSIST LTD at £9.9k based on an EBITDA of £2.2k and a 4.44x industry multiple (adjusted for size and gross margin).
medlaw assist ltd Estimated Valuation
Pomanda estimates the enterprise value of MEDLAW ASSIST LTD at £0 based on Net Assets of £-69.3k and 0.52x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Medlaw Assist Ltd Overview
Medlaw Assist Ltd is a live company located in clevedon, BS21 6UW with a Companies House number of 06689244. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2008, it's largest shareholder is eleanor williams with a 59.6% stake. Medlaw Assist Ltd is a established, small sized company, Pomanda has estimated its turnover at £505.4k with declining growth in recent years.
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Medlaw Assist Ltd Health Check
Pomanda's financial health check has awarded Medlaw Assist Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £505.4k, make it smaller than the average company (£3m)
- Medlaw Assist Ltd
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (4.1%)
- Medlaw Assist Ltd
4.1% - Industry AVG
Production
with a gross margin of 38.3%, this company has a comparable cost of product (38.3%)
- Medlaw Assist Ltd
38.3% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (6.5%)
- Medlaw Assist Ltd
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
1 - Medlaw Assist Ltd
20 - Industry AVG
Pay Structure
on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)
- Medlaw Assist Ltd
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £505.4k, this is more efficient (£137.9k)
- Medlaw Assist Ltd
£137.9k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (39 days)
- Medlaw Assist Ltd
39 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Medlaw Assist Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Medlaw Assist Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (28 weeks)
0 weeks - Medlaw Assist Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 107.2%, this is a higher level of debt than the average (60.3%)
107.2% - Medlaw Assist Ltd
60.3% - Industry AVG
MEDLAW ASSIST LTD financials
Medlaw Assist Ltd's latest turnover from March 2023 is estimated at £505.4 thousand and the company has net assets of -£69.3 thousand. According to their latest financial statements, Medlaw Assist Ltd has 1 employee and maintains cash reserves of £1.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 386,383 | 386,383 | 386,998 | 382,264 | 393,058 | 18,016 | 23,752 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 386,383 | 386,383 | 386,998 | 382,264 | 393,058 | 18,016 | 23,752 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 85,810 | 93,301 | 66,849 | 333,022 | 324,403 | 360,045 | 388,356 | 316,419 | 73,189 | 74,516 | 74,920 | 75,384 | 69,445 | 49,293 | 49,293 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 488,565 | 489,355 | 491,355 | 511,788 | 491,840 | 506,868 | 57,025 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,327 | 551 | 1,914 | 0 | 0 | 0 | 0 | 0 | 0 | 75 | 549 | 29 | 324 | 393 | 393 |
| misc current assets | 0 | 1,008 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 575,702 | 584,215 | 560,118 | 844,810 | 816,243 | 866,913 | 445,381 | 316,519 | 73,189 | 74,591 | 75,469 | 75,413 | 69,769 | 49,686 | 49,686 |
| total assets | 962,085 | 970,598 | 947,116 | 1,227,074 | 1,209,301 | 884,929 | 469,133 | 316,519 | 73,189 | 74,591 | 75,469 | 75,413 | 69,769 | 49,686 | 49,686 |
| Bank overdraft | 0 | 0 | 0 | 7,490 | 6,137 | 165,030 | 27,125 | 1,515 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 14,919 | 14,360 | 11,647 | 11,284 | 10,757 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 5,262 | 46,862 | 53,326 | 60,082 | 36,644 | 20,136 | 6,551 | 9,108 | 9,505 | 12,840 | 12,047 | 10,860 | 10,860 |
| Group/Directors Accounts | 346 | 346 | 346 | 0 | 259 | 405 | 3,251 | 5,407 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 4,909 | 4,909 | 4,909 | 4,909 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 833,641 | 811,002 | 765,582 | 884,489 | 860,622 | 632,808 | 351,366 | 213,895 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 848,906 | 825,708 | 782,837 | 955,034 | 936,010 | 863,234 | 423,295 | 240,953 | 6,551 | 9,108 | 9,505 | 12,840 | 12,047 | 10,860 | 10,860 |
| loans | 182,477 | 195,593 | 211,716 | 198,660 | 209,944 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 9,864 | 14,773 | 19,682 | 24,591 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 182,477 | 195,593 | 211,716 | 208,524 | 224,717 | 19,682 | 24,591 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,031,383 | 1,021,301 | 994,553 | 1,163,558 | 1,160,727 | 882,916 | 447,886 | 240,953 | 6,551 | 9,108 | 9,505 | 12,840 | 12,047 | 10,860 | 10,860 |
| net assets | -69,298 | -50,703 | -47,437 | 63,516 | 48,574 | 2,013 | 21,247 | 75,566 | 66,638 | 65,483 | 65,964 | 62,573 | 57,722 | 38,826 | 38,826 |
| total shareholders funds | -69,298 | -50,703 | -47,437 | 63,516 | 48,574 | 2,013 | 21,247 | 75,566 | 66,638 | 65,483 | 65,964 | 62,573 | 57,722 | 38,826 | 38,826 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 615 | 615 | 12,639 | 12,024 | 9,101 | 7,932 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,281 | 24,452 | -286,606 | 28,567 | -50,670 | 421,532 | 128,862 | 243,330 | -1,327 | -404 | -464 | 5,939 | 20,152 | 0 | 49,293 |
| Creditors | 0 | -5,262 | -41,600 | -6,464 | -6,756 | 23,438 | 16,508 | 13,585 | -2,557 | -397 | -3,335 | 793 | 1,187 | 0 | 10,860 |
| Accruals and Deferred Income | 22,639 | 45,420 | -118,907 | 23,867 | 227,814 | 281,442 | 137,471 | 213,895 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 559 | 2,713 | 363 | 527 | 10,757 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 346 | -259 | -146 | -2,846 | -2,156 | 5,407 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -13,116 | -16,123 | 13,056 | -11,284 | 209,944 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -14,773 | -4,909 | -4,909 | -4,909 | 29,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 776 | -1,363 | 1,914 | 0 | 0 | 0 | 0 | 0 | -75 | -474 | 520 | -295 | -69 | 0 | 393 |
| overdraft | 0 | 0 | -7,490 | 1,353 | -158,893 | 137,905 | 25,610 | 1,515 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 776 | -1,363 | 9,404 | -1,353 | 158,893 | -137,905 | -25,610 | -1,515 | -75 | -474 | 520 | -295 | -69 | 0 | 393 |
medlaw assist ltd Credit Report and Business Information
Medlaw Assist Ltd Competitor Analysis
Perform a competitor analysis for medlaw assist ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in BS21 area or any other competitors across 12 key performance metrics.
medlaw assist ltd Ownership
MEDLAW ASSIST LTD group structure
Medlaw Assist Ltd has no subsidiary companies.
Ultimate parent company
MEDLAW ASSIST LTD
06689244
medlaw assist ltd directors
Medlaw Assist Ltd currently has 1 director, Mr Simon Munro serving since Sep 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Munro | England | 46 years | Sep 2008 | - | Director |
P&L
March 2023turnover
505.4k
-2%
operating profit
2.2k
0%
gross margin
38.4%
+0.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-69.3k
+0.37%
total assets
962.1k
-0.01%
cash
1.3k
+1.41%
net assets
Total assets minus all liabilities
Similar Companies
medlaw assist ltd company details
company number
06689244
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 2008
age
16
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
medlaw personal injury services gb ltd (October 2016)
last accounts submitted
March 2023
address
unit 2 yeo bank business park, kenn road, clevedon, BS21 6UW
accountant
NEWSHAM HANSON ACCOUNTANTS LIMITED
auditor
-
medlaw assist ltd 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 medlaw assist ltd.
medlaw assist ltd Companies House Filings - See Documents
| date | description | view/download |
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