Pomanda estimates the enterprise value of HT LEGAL LIMITED at £552.2k based on a Turnover of £853.4k and 0.65x industry multiple (adjusted for size and gross margin).
ht legal limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HT LEGAL LIMITED at £0 based on an EBITDA of £-184.9k and a 3.25x industry multiple (adjusted for size and gross margin).
ht legal limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HT LEGAL LIMITED at £0 based on Net Assets of £-75.9k and 2.05x industry multiple (adjusted for liquidity).
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Ht Legal LimitedOverview
Ht Legal Limited is a live company located in stockport, SK2 6LR with a Companies House number of 06911903. It operates in the solicitors sector, SIC Code 69102. Founded in May 2009, it's largest shareholder is
anthony mark carter
with a 85% stake. Ht Legal Limited is a established,
small sized company, Pomanda has estimated its turnover at
£853.4k with
declining
growth in recent years.
Pomanda's financial health check has awarded Ht Legal Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
2 Strong
5 Regular
5 Weak
Size
annual sales of £853.4k, make it smaller than the average company (£1.3m)
£853.4k - Ht Legal Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (7.2%)
-5% - Ht Legal Limited
7.2% - Industry AVG
Production
with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)
68.9% - Ht Legal Limited
68.9% - Industry AVG
Profitability
an operating margin of -21.8% make it less profitable than the average company (9.7%)
-21.8% - Ht Legal Limited
9.7% - Industry AVG
Employees
with 12 employees, this is below the industry average (20)
12 - Ht Legal Limited
20 - Industry AVG
Pay Structure
on an average salary of £40.5k, the company has an equivalent pay structure (£40.5k)
£40.5k - Ht Legal Limited
£40.5k - Industry AVG
Efficiency
resulting in sales per employee of £71.1k, this is equally as efficient (£74.9k)
£71.1k - Ht Legal Limited
£74.9k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is near the average (68 days)
66 days - Ht Legal Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 267 days, this is slower than average (26 days)
267 days - Ht Legal Limited
26 days - Industry AVG
Stock Days
it holds stock equivalent to 187 days, this is in line with average (188 days)
187 days - Ht Legal Limited
188 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 47 weeks, this is more cash available to meet short term requirements (23 weeks)
47 weeks - Ht Legal Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.3%, this is a higher level of debt than the average (50.6%)
101.3% - Ht Legal Limited
50.6% - Industry AVG
HT LEGAL LIMITED financials
EXPORT
Ht Legal Limited's latest turnover from May 2024 is estimated at £853.4 thousand and the company has net assets of -£75.9 thousand. According to their latest financial statements, Ht Legal Limited has 12 employees and maintains cash reserves of £5.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
853,400
1,053,643
1,197,400
980,979
1,198,097
1,283,130
1,344,662
1,215,974
1,258,367
778,763
254,570
138,909
195,206
88,823
Other Income Or Grants
Cost Of Sales
265,667
332,275
378,022
390,731
493,039
487,591
357,546
302,677
435,951
309,561
109,493
56,230
71,214
32,561
Gross Profit
587,734
721,368
819,378
590,248
705,058
795,540
987,115
913,297
822,416
469,201
145,077
82,679
123,992
56,262
Admin Expenses
773,533
971,837
843,170
772,401
634,955
818,299
1,012,605
916,959
803,463
422,701
181,492
66,461
81,748
53,202
Operating Profit
-185,799
-250,469
-23,792
-182,153
70,103
-22,759
-25,490
-3,662
18,953
46,500
-36,415
16,218
42,244
3,060
Interest Payable
14,833
18,019
15,567
15,245
13,503
9,569
6,028
4,981
2,007
60
Interest Receivable
276,227
267,392
44,106
2,883
4,172
18,164
48
28
161
179
119
133
77
20
Pre-Tax Profit
75,595
-1,096
4,747
-194,515
60,772
-14,164
-31,470
-8,615
17,108
46,619
-36,296
16,351
42,321
3,080
Tax
-18,899
-902
-11,547
-3,421
-9,324
-3,761
-10,157
-801
Profit After Tax
56,696
-1,096
3,845
-194,515
49,225
-14,164
-31,470
-8,615
13,686
37,295
-36,296
12,590
32,164
2,279
Dividends Paid
Retained Profit
56,696
-1,096
3,845
-194,515
49,225
-14,164
-31,470
-8,615
13,686
37,295
-36,296
12,590
32,164
2,279
Employee Costs
486,244
736,294
808,488
661,584
729,909
828,248
816,486
811,740
793,761
426,216
148,316
90,205
125,061
64,117
Number Of Employees
12
19
23
20
22
25
26
27
26
14
5
3
4
2
EBITDA*
-184,912
-249,313
-20,981
-176,957
76,041
-15,684
-18,092
1,862
22,842
48,805
8,685
21,097
47,989
7,425
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
3,745
4,632
5,788
8,599
13,795
20,141
27,216
27,299
13,422
10,469
6,581
8,348
10,727
13,972
Intangible Assets
43,333
45,833
48,333
Investments & Other
10
20
Debtors (Due After 1 year)
Total Fixed Assets
3,755
4,652
5,788
8,599
13,795
20,141
27,216
27,299
13,422
10,469
6,581
51,681
56,560
62,305
Stock & work in progress
136,419
148,063
93,541
90,000
100,000
117,750
119,000
47,500
21,500
24,000
Trade Debtors
156,270
138,359
186,457
141,138
220,108
190,882
220,689
193,335
234,732
179,434
51,764
26,951
35,328
12,122
Group Debtors
Misc Debtors
183,576
200,626
139,059
106,339
46,680
44,354
75,511
38,063
21,754
Cash
5,201,844
5,321,089
6,563,001
2,258,117
3,507,993
4,836,853
6,833
12,547
9,847
54,636
17,056
30,622
22,612
8,018
misc current assets
total current assets
5,678,109
5,808,137
6,982,058
2,595,594
3,874,781
5,189,839
422,033
291,445
287,833
258,070
68,820
57,573
57,940
20,140
total assets
5,681,864
5,812,789
6,987,846
2,604,193
3,888,576
5,209,980
449,249
318,744
301,255
268,539
75,401
109,254
114,500
82,445
Bank overdraft
79,798
91,503
27,953
121,434
72,430
165,199
85,975
83,498
37,330
Bank loan
69,754
Trade Creditors
194,908
201,868
152,355
94,431
41,387
42,531
37,616
10,329
19,722
193,850
38,133
31,581
40,170
36,441
Group/Directors Accounts
49,016
56,118
other short term finances
1,235
3,067
hp & lease commitments
other current liabilities
5,451,847
5,589,906
6,776,349
2,389,386
3,540,912
4,957,017
221,119
100,867
101,306
total current liabilities
5,726,553
5,883,277
7,026,411
2,605,251
3,654,729
5,164,747
344,710
244,945
217,543
193,850
38,133
31,581
40,170
36,441
loans
30,800
61,600
92,400
133,218
172,751
32,357
14,779
19,494
1,848
hp & lease commitments
Accruals and Deferred Income
other liabilities
76,783
22,309
25,531
29,640
38,887
42,725
provisions
387
484
511
1,045
1,902
2,907
3,623
3,417
total long term liabilities
31,187
62,084
92,911
134,263
174,653
35,264
80,406
18,196
19,494
24,157
25,531
29,640
38,887
42,725
total liabilities
5,757,740
5,945,361
7,119,322
2,739,514
3,829,382
5,200,011
425,116
263,141
237,037
218,007
63,664
61,221
79,057
79,166
net assets
-75,876
-132,572
-131,476
-135,321
59,194
9,969
24,133
55,603
64,218
50,532
11,737
48,033
35,443
3,279
total shareholders funds
-75,876
-132,572
-131,476
-135,321
59,194
9,969
24,133
55,603
64,218
50,532
11,737
48,033
35,443
3,279
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
-185,799
-250,469
-23,792
-182,153
70,103
-22,759
-25,490
-3,662
18,953
46,500
-36,415
16,218
42,244
3,060
Depreciation
887
1,156
2,811
5,196
5,938
7,075
7,398
5,524
3,889
2,305
1,767
2,379
3,245
2,698
Amortisation
43,333
2,500
2,500
1,667
Tax
-18,899
-902
-11,547
-3,421
-9,324
-3,761
-10,157
-801
Stock
-11,644
54,522
3,541
-10,000
-17,750
-1,250
71,500
26,000
-2,500
24,000
Debtors
861
13,469
78,039
-19,311
31,552
-60,964
64,802
-25,088
77,052
127,670
24,813
-8,377
23,206
12,122
Creditors
-6,960
49,513
57,924
53,044
-1,144
4,915
27,287
-9,393
-174,128
155,717
6,552
-8,589
3,729
36,441
Accruals and Deferred Income
-138,059
-1,186,443
4,386,963
-1,151,526
-1,416,105
4,735,898
120,252
-439
101,306
Deferred Taxes & Provisions
-97
-27
-534
-857
-1,005
-716
206
3,417
Cash flow from operations
-338,144
-1,454,261
4,340,890
-1,246,985
-1,367,562
4,786,627
-6,649
-5,465
-127,953
43,528
-9,576
17,124
18,355
30,943
Investing Activities
capital expenditure
408
-7,315
-19,401
-6,842
-6,193
-66,670
Change in Investments
-10
20
cash flow from investments
10
-20
408
-7,315
-19,401
-6,842
-6,193
-66,670
Financing Activities
Bank loans
-69,754
69,754
Group/Directors Accounts
-49,016
-7,102
56,118
Other Short Term Loans
-1,235
-1,832
3,067
Long term loans
-30,800
-30,800
-40,818
-39,533
140,394
32,357
-14,779
-4,715
17,646
1,848
Hire Purchase and Lease Commitments
other long term liabilities
-76,783
76,783
-22,309
-3,222
-4,109
-9,247
-3,838
42,725
share issue
1,500
1,000
interest
261,394
249,373
28,539
-12,362
-9,331
8,595
-5,980
-4,953
-1,846
119
119
133
77
20
cash flow from financing
230,594
148,819
57,475
-51,895
131,063
-35,831
5,773
-18,602
52,676
245
-3,990
-9,114
-3,761
43,745
cash and cash equivalents
cash
-119,245
-1,241,912
4,304,884
-1,249,876
-1,328,860
4,830,020
-5,714
2,700
-44,789
37,580
-13,566
8,010
14,594
8,018
overdraft
-11,705
63,550
-93,481
49,004
-92,769
79,224
2,477
46,168
37,330
change in cash
-107,540
-1,305,462
4,398,365
-1,298,880
-1,236,091
4,750,796
-8,191
-43,468
-82,119
37,580
-13,566
8,010
14,594
8,018
ht legal limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ht legal limited. Get real-time insights into ht legal limited's credit score, group structure and payment trends.
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ht legal limited Ownership
HT LEGAL LIMITED group structure
Ht Legal Limited has no subsidiary companies.
Ultimate parent company
HT LEGAL LIMITED
06911903
HT LEGAL LIMITED Shareholders
The largest shareholders in Ht Legal Limited include Anthony Mark Carter and Iain Brett Jones.
anthony mark carter
85%
iain brett jones
15%
ht legal limited directors
Ht Legal Limited currently has 2 directors.
The longest serving directors include
Mr David Nuttall (May 2009) and
Mr Anthony Carter (Jan 2013).
harrison townend & ormeshers solicitors limited (March 2010)
accountant
LUCAS REIS LTD
auditor
-
address
lansdowne house 85 buxton road, stockport, SK2 6LR
Bank
-
Legal Advisor
-
ht legal 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 ht legal limited.
ht legal 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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ht legal limitedCompanies House Filings - See Documents
