marine law solicitors limited Company Information
Company Number
07077844
Next Accounts
Dec 2025
Shareholders
joseph crewdson
barry young
Group Structure
View All
Industry
Solicitors
Registered Address
3rd floor, the old casino 1-4 forth lane, newcastle upon tyne, NE1 5HX
Website
www.marine-law.commarine law solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of MARINE LAW SOLICITORS LIMITED at £251.5k based on a Turnover of £534.5k and 0.47x industry multiple (adjusted for size and gross margin).
marine law solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of MARINE LAW SOLICITORS LIMITED at £0 based on an EBITDA of £-82.7k and a 2.87x industry multiple (adjusted for size and gross margin).
marine law solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of MARINE LAW SOLICITORS LIMITED at £823.3k based on Net Assets of £474k and 1.74x industry multiple (adjusted for liquidity).
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Marine Law Solicitors Limited Overview
Marine Law Solicitors Limited is a live company located in newcastle upon tyne, NE1 5HX with a Companies House number of 07077844. It operates in the solicitors sector, SIC Code 69102. Founded in November 2009, it's largest shareholder is joseph crewdson with a 50% stake. Marine Law Solicitors Limited is a established, small sized company, Pomanda has estimated its turnover at £534.5k with high growth in recent years.
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Marine Law Solicitors Limited Health Check
Pomanda's financial health check has awarded Marine Law Solicitors Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs


5 Strong

1 Regular

5 Weak

Size
annual sales of £534.5k, make it smaller than the average company (£1.1m)
- Marine Law Solicitors Limited
£1.1m - Industry AVG

Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (7.1%)
- Marine Law Solicitors Limited
7.1% - Industry AVG

Production
with a gross margin of 43.7%, this company has a higher cost of product (68.9%)
- Marine Law Solicitors Limited
68.9% - Industry AVG

Profitability
an operating margin of -15.6% make it less profitable than the average company (9.4%)
- Marine Law Solicitors Limited
9.4% - Industry AVG

Employees
with 2 employees, this is below the industry average (15)
2 - Marine Law Solicitors Limited
15 - Industry AVG

Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
- Marine Law Solicitors Limited
£38.2k - Industry AVG

Efficiency
resulting in sales per employee of £267.2k, this is more efficient (£68.5k)
- Marine Law Solicitors Limited
£68.5k - Industry AVG

Debtor Days
it gets paid by customers after 328 days, this is later than average (62 days)
- Marine Law Solicitors Limited
62 days - Industry AVG

Creditor Days
its suppliers are paid after 128 days, this is slower than average (23 days)
- Marine Law Solicitors Limited
23 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Marine Law Solicitors Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (32 weeks)
47 weeks - Marine Law Solicitors Limited
32 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 18.4%, this is a lower level of debt than the average (45.2%)
18.4% - Marine Law Solicitors Limited
45.2% - Industry AVG
MARINE LAW SOLICITORS LIMITED financials

Marine Law Solicitors Limited's latest turnover from March 2024 is estimated at £534.5 thousand and the company has net assets of £474 thousand. According to their latest financial statements, Marine Law Solicitors Limited has 2 employees and maintains cash reserves of £97 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,414 | 3,319 | 2,783 | 2,984 | 19,133 | 36,381 | 53,786 | 4,315 | 4,503 | 4,943 | 4,017 | 2,806 | 2,622 | 1,344 |
Intangible Assets | 102,200 | 204,400 | 306,600 | 408,800 | ||||||||||
Investments & Other | ||||||||||||||
Debtors (Due After 1 year) | ||||||||||||||
Total Fixed Assets | 2,414 | 3,319 | 2,783 | 2,984 | 19,133 | 36,381 | 53,786 | 4,315 | 4,503 | 4,943 | 106,217 | 207,206 | 309,222 | 410,144 |
Stock & work in progress | ||||||||||||||
Trade Debtors | 481,420 | 422,053 | 363,132 | 277,536 | 238,021 | 217,152 | 288,937 | 181,553 | 322,986 | 417,392 | 368,242 | 303,732 | 318,564 | 382,200 |
Group Debtors | 165,000 | |||||||||||||
Misc Debtors | 15,572 | 40,049 | 25,730 | 14,503 | 16,440 | 18,798 | ||||||||
Cash | 97,022 | 223,884 | 217,897 | 237,794 | 188,790 | 213,195 | 214,666 | 144,624 | 289,050 | 350,208 | 399,144 | 321,025 | 105,816 | 319,254 |
misc current assets | ||||||||||||||
total current assets | 578,442 | 645,937 | 581,029 | 530,902 | 466,860 | 456,077 | 518,106 | 507,617 | 630,834 | 767,600 | 767,386 | 624,757 | 424,380 | 701,454 |
total assets | 580,856 | 649,256 | 583,812 | 533,886 | 485,993 | 492,458 | 571,892 | 511,932 | 635,337 | 772,543 | 873,603 | 831,963 | 733,602 | 1,111,598 |
Bank overdraft | ||||||||||||||
Bank loan | ||||||||||||||
Trade Creditors | 106,268 | 99,414 | 134,558 | 6,505 | 2,939 | 756 | 378 | 603 | 519 | 283,080 | 375,160 | 384,773 | 449,178 | 951,906 |
Group/Directors Accounts | ||||||||||||||
other short term finances | ||||||||||||||
hp & lease commitments | ||||||||||||||
other current liabilities | 138,927 | 102,663 | 103,526 | 136,722 | 167,961 | 282,425 | ||||||||
total current liabilities | 106,268 | 99,414 | 134,558 | 145,432 | 105,602 | 104,282 | 137,100 | 168,564 | 282,944 | 283,080 | 375,160 | 384,773 | 449,178 | 951,906 |
loans | ||||||||||||||
hp & lease commitments | ||||||||||||||
Accruals and Deferred Income | ||||||||||||||
other liabilities | ||||||||||||||
provisions | 604 | 631 | 528 | 566 | 3,635 | 7,276 | ||||||||
total long term liabilities | 604 | 631 | 528 | 566 | 3,635 | 7,276 | ||||||||
total liabilities | 106,872 | 100,045 | 135,086 | 145,998 | 109,237 | 111,558 | 137,100 | 168,564 | 282,944 | 283,080 | 375,160 | 384,773 | 449,178 | 951,906 |
net assets | 473,984 | 549,211 | 448,726 | 387,888 | 376,756 | 380,900 | 434,792 | 343,368 | 352,393 | 489,463 | 498,443 | 447,190 | 284,424 | 159,692 |
total shareholders funds | 473,984 | 549,211 | 448,726 | 387,888 | 376,756 | 380,900 | 434,792 | 343,368 | 352,393 | 489,463 | 498,443 | 447,190 | 284,424 | 159,692 |
Mar 2024 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 905 | 845 | 625 | 17,161 | 17,248 | 17,405 | 17,601 | 1,079 | 1,125 | 1,238 | 1,004 | 702 | 654 | 336 |
Amortisation | 102,200 | 102,200 | 102,200 | 102,200 | 102,200 | |||||||||
Tax | ||||||||||||||
Stock | ||||||||||||||
Debtors | 59,367 | 58,921 | 70,024 | 15,038 | 35,188 | -60,558 | -59,553 | 21,209 | -75,608 | 49,150 | 64,510 | -14,832 | -63,636 | 382,200 |
Creditors | 6,854 | -35,144 | 128,053 | 3,566 | 2,183 | 378 | -225 | 84 | -282,561 | -92,080 | -9,613 | -64,405 | -502,728 | 951,906 |
Accruals and Deferred Income | -138,927 | 36,264 | -863 | -33,196 | -31,239 | -114,464 | 282,425 | |||||||
Deferred Taxes & Provisions | -27 | 103 | -38 | -3,069 | -3,641 | 7,276 | ||||||||
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 | ||||||||||||||
Hire Purchase and Lease Commitments | ||||||||||||||
other long term liabilities | ||||||||||||||
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -126,862 | 5,987 | -19,897 | 49,004 | -24,405 | -1,471 | 70,042 | -144,426 | -61,158 | -48,936 | 78,119 | 215,209 | -213,438 | 319,254 |
overdraft | ||||||||||||||
change in cash | -126,862 | 5,987 | -19,897 | 49,004 | -24,405 | -1,471 | 70,042 | -144,426 | -61,158 | -48,936 | 78,119 | 215,209 | -213,438 | 319,254 |
marine law solicitors limited Credit Report and Business Information
Marine Law Solicitors Limited Competitor Analysis

Perform a competitor analysis for marine law solicitors limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in NE1 area or any other competitors across 12 key performance metrics.
marine law solicitors limited Ownership
MARINE LAW SOLICITORS LIMITED group structure
Marine Law Solicitors Limited has no subsidiary companies.
Ultimate parent company
MARINE LAW SOLICITORS LIMITED
07077844
marine law solicitors limited directors
Marine Law Solicitors Limited currently has 2 directors. The longest serving directors include Mr Barry Young (Nov 2009) and Mr Joseph Crewdson (Feb 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Barry Young | 65 years | Nov 2009 | - | Director | |
Mr Joseph Crewdson | 43 years | Feb 2010 | - | Director |
P&L
March 2024turnover
534.5k
+20%
operating profit
-83.7k
0%
gross margin
43.8%
-0.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
474k
-0.14%
total assets
580.9k
-0.11%
cash
97k
-0.57%
net assets
Total assets minus all liabilities
marine law solicitors limited company details
company number
07077844
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
November 2009
age
16
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
3rd floor, the old casino 1-4 forth lane, newcastle upon tyne, NE1 5HX
Bank
-
Legal Advisor
-
marine law solicitors 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 marine law solicitors limited.
marine law solicitors 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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marine law solicitors limited Companies House Filings - See Documents
date | description | view/download |
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