hh law limited
hh law limited Company Information
Company Number
06909220
Next Accounts
1393 days late
Industry
Solicitors
Directors
Shareholders
paul hampson
john hughes
Group Structure
View All
Contact
Registered Address
riverside house irwell street, manchester, M3 5EN
hh law limited Estimated Valuation
Pomanda estimates the enterprise value of HH LAW LIMITED at £3.7m based on a Turnover of £5.7m and 0.65x industry multiple (adjusted for size and gross margin).
hh law limited Estimated Valuation
Pomanda estimates the enterprise value of HH LAW LIMITED at £957.1k based on an EBITDA of £271.7k and a 3.52x industry multiple (adjusted for size and gross margin).
hh law limited Estimated Valuation
Pomanda estimates the enterprise value of HH LAW LIMITED at £6m based on Net Assets of £3.8m and 1.56x industry multiple (adjusted for liquidity).
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Hh Law Limited Overview
Hh Law Limited is a live company located in manchester, M3 5EN with a Companies House number of 06909220. It operates in the solicitors sector, SIC Code 69102. Founded in May 2009, it's largest shareholder is paul hampson with a 50% stake. Hh Law Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.7m with declining growth in recent years.
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Hh Law Limited Health Check
Pomanda's financial health check has awarded Hh Law Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £5.7m, make it larger than the average company (£692.7k)
£5.7m - Hh Law Limited
£692.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (5.5%)
-28% - Hh Law Limited
5.5% - Industry AVG
Production
with a gross margin of 64.7%, this company has a comparable cost of product (63.6%)
64.7% - Hh Law Limited
63.6% - Industry AVG
Profitability
an operating margin of 3.9% make it less profitable than the average company (6.9%)
3.9% - Hh Law Limited
6.9% - Industry AVG
Employees
with 94 employees, this is above the industry average (15)
- Hh Law Limited
15 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Hh Law Limited
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £60.1k, this is equally as efficient (£60.4k)
- Hh Law Limited
£60.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hh Law Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (34 days)
14 days - Hh Law Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hh Law Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (25 weeks)
6 weeks - Hh Law Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.8%, this is a lower level of debt than the average (54.6%)
24.8% - Hh Law Limited
54.6% - Industry AVG
HH LAW LIMITED financials
Hh Law Limited's latest turnover from March 2019 is £5.7 million and the company has net assets of £3.8 million. According to their latest financial statements, we estimate that Hh Law Limited has 94 employees and maintains cash reserves of £161 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,653,121 | 9,353,952 | 13,252,772 | 15,334,078 | 15,280,930 | 18,254,410 | 16,038,324 | 8,186,315 | 2,054,020 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 1,997,049 | 4,774,482 | 5,548,845 | 5,946,141 | 6,164,595 | 9,281,170 | 11,157,919 | 5,387,876 | 1,356,152 | |
| Gross Profit | 3,656,072 | 4,579,470 | 7,703,927 | 9,387,937 | 9,116,335 | 8,973,240 | 4,880,405 | 2,798,439 | 697,868 | |
| Admin Expenses | 3,436,913 | 5,345,173 | 6,919,000 | 9,018,116 | 8,709,377 | 8,662,719 | 4,570,583 | 1,936,945 | 622,188 | |
| Operating Profit | 219,159 | -765,703 | 784,927 | 369,821 | 406,958 | 310,521 | 309,822 | 861,494 | 75,680 | |
| Interest Payable | 4,833 | 33,277 | 31,989 | 7,980 | 109 | 60,000 | 1,999 | 0 | 2,000 | |
| Interest Receivable | 3,893 | 13,523 | 1,122 | 1,054 | 5,621 | 8,283 | 17,459 | 9,349 | 0 | |
| Pre-Tax Profit | 218,219 | -785,457 | 754,060 | 362,895 | 412,470 | 258,804 | 325,282 | 870,843 | 73,680 | |
| Tax | -34,180 | 157,650 | -158,995 | -69,153 | -88,827 | -76,543 | -116,831 | -220,984 | -8,526 | |
| Profit After Tax | 184,039 | -627,807 | 595,065 | 293,742 | 323,643 | 182,261 | 208,451 | 649,859 | 65,154 | |
| Dividends Paid | 25,000 | 120,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 159,039 | -747,807 | 595,065 | 293,742 | 323,643 | 182,261 | 208,451 | 649,859 | 65,154 | |
| Employee Costs | 4,323,219 | 6,566,611 | 6,797,607 | 5,354,366 | 3,488,393 | |||||
| Number Of Employees | 200 | 189 | 215 | 205 | ||||||
| EBITDA* | 271,720 | -707,146 | 854,761 | 465,303 | 516,153 | 526,758 | 514,092 | 943,118 | 93,473 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 138,113 | 189,710 | 193,942 | 261,851 | 340,021 | 357,559 | 511,504 | 220,376 | 51,488 | 7,567 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 138,213 | 189,710 | 193,942 | 261,851 | 340,021 | 357,559 | 511,504 | 220,376 | 51,488 | 7,567 |
| Stock & work in progress | 0 | 0 | 4,730 | 2,184 | 7,739 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 1,728,417 | 2,664,401 | 3,317,555 | 2,882,282 | 1,598,184 | 0 | 0 | 0 | 148,841 |
| Group Debtors | 810,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,988,641 | 2,871,913 | 3,086,731 | 2,190,108 | 1,286,582 | 2,149,666 | 2,520,602 | 1,088,573 | 245,598 | 0 |
| Cash | 160,978 | 56,525 | 1,870,553 | 12,295 | 144,354 | 325,966 | 573,054 | 28,778 | 101,086 | 3,701 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,959,619 | 4,656,855 | 7,626,415 | 5,522,142 | 4,320,957 | 4,073,816 | 3,093,656 | 1,117,351 | 346,684 | 152,542 |
| total assets | 5,097,832 | 4,846,565 | 7,820,357 | 5,783,993 | 4,660,978 | 4,431,375 | 3,605,160 | 1,337,727 | 398,172 | 160,109 |
| Bank overdraft | 752,667 | 479,645 | 1,337,953 | 131,623 | 0 | 220,698 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 76,807 | 455,509 | 341,430 | 445,316 | 355,871 | 615,450 | 343,785 | 0 | 1,463 | 118,506 |
| Group/Directors Accounts | 319 | 0 | 0 | 0 | 0 | 0 | 1,507,320 | 218,253 | 40,753 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 434,371 | 485,411 | 1,491,945 | 1,437,044 | 2,458,793 | 1,778,801 | 788,988 | 342,858 | 249,199 | 0 |
| total current liabilities | 1,264,164 | 1,420,565 | 3,171,328 | 2,013,983 | 2,814,664 | 2,614,949 | 2,640,093 | 581,111 | 291,415 | 118,506 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 1,819,696 | 2,229,995 | 1,896,150 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 888 | 4,333 | 69,256 | 119,147 | 385,343 | 669,098 | 0 | 0 | 0 | 0 |
| total long term liabilities | 888 | 1,824,029 | 2,299,251 | 2,015,297 | 385,343 | 669,098 | 0 | 0 | 0 | 0 |
| total liabilities | 1,265,052 | 3,244,594 | 5,470,579 | 4,029,280 | 3,200,007 | 3,284,047 | 2,640,093 | 581,111 | 291,415 | 118,506 |
| net assets | 3,832,780 | 1,601,971 | 2,349,778 | 1,754,713 | 1,460,971 | 1,147,328 | 965,067 | 756,616 | 106,757 | 41,603 |
| total shareholders funds | 3,832,780 | 1,601,971 | 2,349,778 | 1,754,713 | 1,460,971 | 1,147,328 | 965,067 | 756,616 | 106,757 | 41,603 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 219,159 | -765,703 | 784,927 | 369,821 | 406,958 | 310,521 | 309,822 | 861,494 | 75,680 | |
| Depreciation | 52,561 | 58,557 | 69,834 | 95,482 | 109,195 | 216,237 | 204,270 | 81,624 | 17,793 | 1,892 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -34,180 | 157,650 | -158,995 | -69,153 | -88,827 | -76,543 | -116,831 | -220,984 | -8,526 | |
| Stock | 0 | -4,730 | 2,546 | -5,555 | 7,739 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 198,311 | -1,150,802 | 243,469 | 1,338,799 | 421,014 | 1,227,248 | 1,432,029 | 842,975 | 96,757 | 148,841 |
| Creditors | -378,702 | 114,079 | -103,886 | 89,445 | -259,579 | 271,665 | 343,785 | -1,463 | -117,043 | 118,506 |
| Accruals and Deferred Income | -51,040 | -1,006,534 | 54,901 | -1,021,749 | 679,992 | 989,813 | 446,130 | 93,659 | 249,199 | 0 |
| Deferred Taxes & Provisions | -3,445 | -64,923 | -49,891 | -266,196 | -283,755 | 669,098 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -393,958 | -351,342 | 350,875 | -2,135,594 | 135,231 | 1,153,543 | -244,853 | -28,645 | 120,346 | |
| Investing Activities | ||||||||||
| capital expenditure | -59,288 | -2,580 | -17,312 | -91,657 | -91,279 | -495,398 | ||||
| Change in Investments | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -59,288 | -2,580 | -17,312 | -91,657 | -91,279 | -495,398 | ||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 319 | 0 | 0 | 0 | 0 | -1,507,320 | 1,289,067 | 177,500 | 40,753 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -20,000 | 20,000 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,819,696 | -410,299 | 333,845 | 1,896,150 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -940 | -19,754 | -30,867 | -6,926 | 5,512 | -51,717 | 15,460 | 9,349 | -2,000 | |
| cash flow from financing | 251,453 | -430,053 | 302,978 | 1,889,224 | -4,488 | -1,559,037 | 1,284,527 | 206,849 | 38,753 | |
| cash and cash equivalents | ||||||||||
| cash | 104,453 | -1,814,028 | 1,858,258 | -132,059 | -181,612 | -247,088 | 544,276 | -72,308 | 97,385 | 3,701 |
| overdraft | 273,022 | -858,308 | 1,206,330 | 131,623 | -220,698 | 220,698 | 0 | 0 | 0 | 0 |
| change in cash | -168,569 | -955,720 | 651,928 | -263,682 | 39,086 | -467,786 | 544,276 | -72,308 | 97,385 | 3,701 |
hh law limited Credit Report and Business Information
Hh Law Limited Competitor Analysis
Perform a competitor analysis for hh law limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in M 3 area or any other competitors across 12 key performance metrics.
hh law limited Ownership
HH LAW LIMITED group structure
Hh Law Limited has 1 subsidiary company.
hh law limited directors
Hh Law Limited currently has 1 director, Mr John Hughes serving since Jan 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Hughes | 43 years | Jan 2017 | - | Director |
P&L
March 2019turnover
5.7m
-40%
operating profit
219.2k
-129%
gross margin
64.7%
+32.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
3.8m
+1.39%
total assets
5.1m
+0.05%
cash
161k
+1.85%
net assets
Total assets minus all liabilities
hh law limited company details
company number
06909220
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
May 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2019
previous names
N/A
accountant
-
auditor
-
address
riverside house irwell street, manchester, M3 5EN
Bank
-
Legal Advisor
-
hh law 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 found 2 charges/mortgages relating to hh law limited. Currently there are 0 open charges and 2 have been satisfied in the past.
hh law 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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hh law limited Companies House Filings - See Documents
| date | description | view/download |
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