ashcott solicitors limited
ashcott solicitors limited Company Information
Group Structure
View All
Industry
Solicitors
Registered Address
5th floor st james tower, 7 charlotte street, manchester, M1 4DZ
Website
www.ashcottsolicitors.co.ukashcott solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of ASHCOTT SOLICITORS LIMITED at £456.6k based on a Turnover of £673.8k and 0.68x industry multiple (adjusted for size and gross margin).
ashcott solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of ASHCOTT SOLICITORS LIMITED at £0 based on an EBITDA of £-8.2k and a 3.54x industry multiple (adjusted for size and gross margin).
ashcott solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of ASHCOTT SOLICITORS LIMITED at £207.2k based on Net Assets of £120.5k and 1.72x industry multiple (adjusted for liquidity).
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Ashcott Solicitors Limited Overview
Ashcott Solicitors Limited is a live company located in manchester, M1 4DZ with a Companies House number of 07259817. It operates in the solicitors sector, SIC Code 69102. Founded in May 2010, it's largest shareholder is safdar ashraf with a 100% stake. Ashcott Solicitors Limited is a established, small sized company, Pomanda has estimated its turnover at £673.8k with declining growth in recent years.
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Ashcott Solicitors Limited Health Check
Pomanda's financial health check has awarded Ashcott Solicitors Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £673.8k, make it smaller than the average company (£1.3m)
- Ashcott Solicitors Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.3%)
- Ashcott Solicitors Limited
6.3% - Industry AVG
Production
with a gross margin of 67%, this company has a comparable cost of product (67%)
- Ashcott Solicitors Limited
67% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (8%)
- Ashcott Solicitors Limited
8% - Industry AVG
Employees
with 6 employees, this is below the industry average (16)
6 - Ashcott Solicitors Limited
16 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)
- Ashcott Solicitors Limited
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £112.3k, this is more efficient (£71.4k)
- Ashcott Solicitors Limited
£71.4k - Industry AVG
Debtor Days
it gets paid by customers after 121 days, this is later than average (68 days)
- Ashcott Solicitors Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (31 days)
- Ashcott Solicitors Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ashcott Solicitors Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is average cash available to meet short term requirements (23 weeks)
23 weeks - Ashcott Solicitors Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.6%, this is a higher level of debt than the average (53.2%)
62.6% - Ashcott Solicitors Limited
53.2% - Industry AVG
ASHCOTT SOLICITORS LIMITED financials
Ashcott Solicitors Limited's latest turnover from May 2023 is estimated at £673.8 thousand and the company has net assets of £120.5 thousand. According to their latest financial statements, Ashcott Solicitors Limited has 6 employees and maintains cash reserves of £82.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 6 | 6 | 6 | 5 | 4 | 5 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,455 | 8,998 | 9,462 | 12,126 | 11,805 | 10,393 | 5,625 | 7,726 | 7,626 | 3,752 | 3,776 | 2,950 | 2,247 |
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 7,455 | 8,998 | 9,462 | 12,126 | 11,805 | 10,393 | 5,625 | 7,726 | 7,626 | 3,752 | 3,776 | 2,950 | 2,247 |
| Stock & work in progress | |||||||||||||
| Trade Debtors | 223,493 | 197,896 | 333,473 | 217,850 | 175,762 | 175,239 | 136,939 | 72,154 | 45,195 | 59,507 | 92,014 | 55,306 | 34,041 |
| Group Debtors | |||||||||||||
| Misc Debtors | 9,186 | 9,186 | 9,186 | 13,253 | 87,434 | 148,312 | |||||||
| Cash | 82,323 | 36,455 | 91,463 | 216,029 | 287,617 | 281,337 | 9,566 | 24,248 | 91,738 | 91,650 | 106,054 | 141,228 | 37,253 |
| misc current assets | |||||||||||||
| total current assets | 315,002 | 243,537 | 434,122 | 433,879 | 463,379 | 469,829 | 233,939 | 244,714 | 136,933 | 151,157 | 198,068 | 196,534 | 71,294 |
| total assets | 322,457 | 252,535 | 443,584 | 446,005 | 475,184 | 480,222 | 239,564 | 252,440 | 144,559 | 154,909 | 201,844 | 199,484 | 73,541 |
| Bank overdraft | 10,000 | 10,000 | |||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 51,600 | 43,214 | 54,264 | 291,485 | 340,130 | 250,304 | 115,309 | 100,759 | 120,321 | 98,873 | 153,067 | 82,532 | 54,817 |
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 119,897 | 35,527 | 168,011 | 96,183 | 97,649 | 126,037 | |||||||
| total current liabilities | 181,497 | 88,741 | 222,275 | 291,485 | 340,130 | 346,487 | 212,958 | 226,796 | 120,321 | 98,873 | 153,067 | 82,532 | 54,817 |
| loans | 20,411 | 30,518 | 50,000 | ||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | 20,411 | 30,518 | 50,000 | ||||||||||
| total liabilities | 201,908 | 119,259 | 272,275 | 291,485 | 340,130 | 346,487 | 212,958 | 226,796 | 120,321 | 98,873 | 153,067 | 82,532 | 54,817 |
| net assets | 120,549 | 133,276 | 171,309 | 154,520 | 135,054 | 133,735 | 26,606 | 25,644 | 24,238 | 56,036 | 48,777 | 116,952 | 18,724 |
| total shareholders funds | 120,549 | 133,276 | 171,309 | 154,520 | 135,054 | 133,735 | 26,606 | 25,644 | 24,238 | 56,036 | 48,777 | 116,952 | 18,724 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 3,489 | 4,205 | 4,020 | 4,508 | 3,968 | 2,641 | 2,101 | 2,036 | 1,434 | 1,579 | 1,705 | 1,019 | 789 |
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | 25,597 | -135,577 | 124,809 | 42,088 | -12,730 | -35,881 | 3,907 | 175,271 | -14,312 | -32,507 | 36,708 | 21,265 | 34,041 |
| Creditors | 8,386 | -11,050 | -237,221 | -48,645 | 89,826 | 134,995 | 14,550 | -19,562 | 21,448 | -54,194 | 70,535 | 27,715 | 54,817 |
| Accruals and Deferred Income | 84,370 | -132,484 | 168,011 | -96,183 | -1,466 | -28,388 | 126,037 | ||||||
| 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 | -10,107 | -19,482 | 50,000 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 45,868 | -55,008 | -124,566 | -71,588 | 6,280 | 271,771 | -14,682 | -67,490 | 88 | -14,404 | -35,174 | 103,975 | 37,253 |
| overdraft | 10,000 | ||||||||||||
| change in cash | 45,868 | -65,008 | -124,566 | -71,588 | 6,280 | 271,771 | -14,682 | -67,490 | 88 | -14,404 | -35,174 | 103,975 | 37,253 |
ashcott solicitors limited Credit Report and Business Information
Ashcott Solicitors Limited Competitor Analysis
Perform a competitor analysis for ashcott solicitors limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in M 1 area or any other competitors across 12 key performance metrics.
ashcott solicitors limited Ownership
ASHCOTT SOLICITORS LIMITED group structure
Ashcott Solicitors Limited has no subsidiary companies.
Ultimate parent company
ASHCOTT SOLICITORS LIMITED
07259817
ashcott solicitors limited directors
Ashcott Solicitors Limited currently has 1 director, Mr Safdar Ashraf serving since May 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Safdar Ashraf | England | 57 years | May 2010 | - | Director |
P&L
May 2023turnover
673.8k
+15%
operating profit
-11.7k
0%
gross margin
67%
-2.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
120.5k
-0.1%
total assets
322.5k
+0.28%
cash
82.3k
+1.26%
net assets
Total assets minus all liabilities
ashcott solicitors limited company details
company number
07259817
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
May 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
5th floor st james tower, 7 charlotte street, manchester, M1 4DZ
Bank
BARCLAYS BANK PLC
Legal Advisor
-
ashcott 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 ashcott solicitors limited.
ashcott 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.
Click to start generating capital raising & share issue transactions for ASHCOTT SOLICITORS LIMITED. This can take several minutes, an email will notify you when this has completed.
ashcott solicitors limited Companies House Filings - See Documents
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