stryders solicitors limited

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stryders solicitors limited Company Information

Share STRYDERS SOLICITORS LIMITED

Company Number

07264573

Directors

Vinesh Patel

Matthew Bliss

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Shareholders

tim scarisbrook

matthew bernard bliss

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Group Structure

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Industry

Solicitors

 

Registered Address

dagnall house, 2 lower dagnall street, st. albans, AL3 4PA

stryders solicitors limited Estimated Valuation

£926.1k

Pomanda estimates the enterprise value of STRYDERS SOLICITORS LIMITED at £926.1k based on a Turnover of £1.6m and 0.59x industry multiple (adjusted for size and gross margin).

stryders solicitors limited Estimated Valuation

£42k

Pomanda estimates the enterprise value of STRYDERS SOLICITORS LIMITED at £42k based on an EBITDA of £11.7k and a 3.59x industry multiple (adjusted for size and gross margin).

stryders solicitors limited Estimated Valuation

£398.2k

Pomanda estimates the enterprise value of STRYDERS SOLICITORS LIMITED at £398.2k based on Net Assets of £229.2k and 1.74x industry multiple (adjusted for liquidity).

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Stryders Solicitors Limited Overview

Stryders Solicitors Limited is a live company located in st. albans, AL3 4PA with a Companies House number of 07264573. It operates in the solicitors sector, SIC Code 69102. Founded in May 2010, it's largest shareholder is tim scarisbrook with a 33.3% stake. Stryders Solicitors Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with low growth in recent years.

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Stryders Solicitors Limited Health Check

Pomanda's financial health check has awarded Stryders Solicitors Limited a 2.5 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 Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £1.6m, make it larger than the average company (£1.1m)

£1.6m - Stryders Solicitors Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (7%)

3% - Stryders Solicitors Limited

7% - Industry AVG

production

Production

with a gross margin of 67.4%, this company has a comparable cost of product (67.4%)

67.4% - Stryders Solicitors Limited

67.4% - Industry AVG

profitability

Profitability

an operating margin of 0.6% make it less profitable than the average company (9.4%)

0.6% - Stryders Solicitors Limited

9.4% - Industry AVG

employees

Employees

with 16 employees, this is similar to the industry average (16)

16 - Stryders Solicitors Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)

£38.4k - Stryders Solicitors Limited

£38.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £98.4k, this is more efficient (£68.5k)

£98.4k - Stryders Solicitors Limited

£68.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 108 days, this is later than average (62 days)

108 days - Stryders Solicitors Limited

62 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is close to average (25 days)

27 days - Stryders Solicitors Limited

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Stryders Solicitors Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (32 weeks)

10 weeks - Stryders Solicitors Limited

32 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 60.1%, this is a higher level of debt than the average (45.6%)

60.1% - Stryders Solicitors Limited

45.6% - Industry AVG

STRYDERS SOLICITORS LIMITED financials

EXPORTms excel logo

Stryders Solicitors Limited's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £229.2 thousand. According to their latest financial statements, Stryders Solicitors Limited has 16 employees and maintains cash reserves of £72.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015May 2014May 2013May 2012May 2011
Turnover1,574,2321,538,4751,529,2911,439,9221,311,8932,194,7031,658,6151,878,1771,119,6451,409,2321,491,162856,648888,923509,809
Other Income Or Grants
Cost Of Sales512,801423,554505,718605,690491,899787,292498,633591,942445,180584,966641,366346,771324,294186,888
Gross Profit1,061,4311,114,9211,023,573834,232819,9941,407,4121,159,9821,286,235674,466824,266849,797509,877564,630322,921
Admin Expenses1,051,5521,104,3651,081,325800,9101,162,5991,060,9021,206,2221,457,587365,406730,700778,808461,153481,305275,846
Operating Profit9,87910,556-57,75233,322-342,605346,510-46,240-171,352309,06093,56670,98948,72483,32547,075
Interest Payable
Interest Receivable2,7651,9287491742902,6231,33162085117022436820420
Pre-Tax Profit12,64412,484-57,00333,495-342,315349,133-44,909-170,732309,91193,73771,21349,09283,52947,095
Tax-3,161-2,372-6,364-66,335-61,982-19,685-14,955-11,291-20,047-12,245
Profit After Tax9,48310,112-57,00327,131-342,315282,798-44,909-170,732247,92974,05256,25837,80163,48234,850
Dividends Paid
Retained Profit9,48310,112-57,00327,131-342,315282,798-44,909-170,732247,92974,05256,25837,80163,48234,850
Employee Costs614,831690,951697,213684,994775,272717,994688,548647,296631,855806,011792,778507,617525,850349,038
Number Of Employees1619212224232322212827171711
EBITDA*11,70612,476-55,20335,342-338,647351,849-40,356-168,306310,99194,41972,37750,11983,93547,344

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015May 2014May 2013May 2012May 2011
Tangible Assets3,7392,0924,0126,1043,6896,87310,33813,1405,5212,4852,7953,4441,023967
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,7392,0924,0126,1043,6896,87310,33813,1405,5212,4852,7953,4441,023967
Stock & work in progress
Trade Debtors467,046380,523334,068253,559168,564489,571321,309457,566193,338308,595312,187175,260165,39389,434
Group Debtors307,275
Misc Debtors30,63631,37525,43019,646189,78315,72512,97417,02623,864
Cash72,93532,38258,329141,325205,707375,173324,385208,032288,20252,34715,81173,60373,6988,010
misc current assets
total current assets570,617444,280417,827414,530564,054880,469658,668682,624812,679360,942327,998248,863239,09197,444
total assets574,356446,372421,839420,634567,743887,342669,006695,764818,200363,427330,793252,307240,11498,411
Bank overdraft
Bank loan
Trade Creditors 38,6138,46596,684138,102115,874141,48263,261
Group/Directors Accounts76217,0242,0242,0242,0242,02488,91492,24645,026
other short term finances
hp & lease commitments
other current liabilities305,744200,532209,211150,505325,204301,883277,679256,650257,098
total current liabilities345,119226,021211,235152,529327,228303,907366,593348,896302,12496,684138,102115,874141,48263,261
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions3977621,1607011,3063,0822,6281,104
total long term liabilities3977621,1607011,3063,0822,6281,104
total liabilities345,119226,418211,997153,689327,929305,213369,675351,524303,22896,684138,102115,874141,48263,261
net assets229,237219,954209,842266,945239,814582,129299,331344,240514,972266,743192,691136,43398,63235,150
total shareholders funds229,237219,954209,842266,945239,814582,129299,331344,240514,972266,743192,691136,43398,63235,150
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015May 2014May 2013May 2012May 2011
Operating Activities
Operating Profit9,87910,556-57,75233,322-342,605346,510-46,240-171,352309,06093,56670,98948,72483,32547,075
Depreciation1,8271,9202,5492,0203,9585,3395,8843,0461,9318531,3881,395610269
Amortisation
Tax-3,161-2,372-6,364-66,335-61,982-19,685-14,955-11,291-20,047-12,245
Stock
Debtors85,78452,40086,293-85,142-146,949171,013-140,309-49,885215,882-3,592136,9279,86775,95989,434
Creditors30,1488,465-96,684-41,41822,228-25,60878,22163,261
Accruals and Deferred Income105,212-8,67958,706-174,69923,32124,20421,029-448257,098
Deferred Taxes & Provisions-397-365-398459-605-1,7764541,5241,104
Cash flow from operations57,724-42,875-83,188-60,120-168,982136,929121,436-117,345194,64536,908-57,2773,35366,1508,926
Investing Activities
capital expenditure-3,474-457-4,435-774-1,874-3,082-10,665-4,967-543-739-3,816-666-1,236
Change in Investments
cash flow from investments-3,474-457-4,435-774-1,874-3,082-10,665-4,967-543-739-3,816-666-1,236
Financing Activities
Bank loans
Group/Directors Accounts-16,26215,000-86,890-3,33247,22045,026
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-200-100300300
interest2,7651,9287491742902,6231,33162085117022436820420
cash flow from financing-13,69716,928649174290-84,267-2,00147,84046,177170224368204320
cash and cash equivalents
cash40,553-25,947-82,996-64,382-169,46650,788116,353-80,170235,85536,536-57,792-9565,6888,010
overdraft
change in cash40,553-25,947-82,996-64,382-169,46650,788116,353-80,170235,85536,536-57,792-9565,6888,010

stryders solicitors limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Stryders Solicitors Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for stryders solicitors limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in AL3 area or any other competitors across 12 key performance metrics.

stryders solicitors limited Ownership

STRYDERS SOLICITORS LIMITED group structure

Stryders Solicitors Limited has no subsidiary companies.

Ultimate parent company

STRYDERS SOLICITORS LIMITED

07264573

STRYDERS SOLICITORS LIMITED Shareholders

tim scarisbrook 33.33%
matthew bernard bliss 33.33%
mr vinesh shashikant patel 33.33%

stryders solicitors limited directors

Stryders Solicitors Limited currently has 3 directors. The longest serving directors include Mr Vinesh Patel (May 2010) and Mr Matthew Bliss (Jul 2011).

officercountryagestartendrole
Mr Vinesh PatelEngland47 years May 2010- Director
Mr Matthew Bliss50 years Jul 2011- Director
Mr Tim ScarisbrickEngland57 years Mar 2015- Director

P&L

March 2024

turnover

1.6m

+2%

operating profit

9.9k

0%

gross margin

67.5%

-6.96%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

229.2k

+0.04%

total assets

574.4k

+0.29%

cash

72.9k

+1.25%

net assets

Total assets minus all liabilities

stryders solicitors limited company details

company number

07264573

Type

Private limited with Share Capital

industry

69102 - Solicitors

incorporation date

May 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

jsp law ltd (February 2023)

accountant

JOHN CROOK & PARTNERS

auditor

-

address

dagnall house, 2 lower dagnall street, st. albans, AL3 4PA

Bank

-

Legal Advisor

-

stryders 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 stryders solicitors limited.

stryders 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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stryders solicitors limited Companies House Filings - See Documents

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