
Company Number
07570279
Next Accounts
May 2025
Shareholders
clare beatrice williams
graham aleck thompson
Group Structure
View All
Industry
Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
+1Registered Address
26-28 goodall street, walsall, west midlands, WS1 1QL
Website
residentiallawyers.co.ukPomanda estimates the enterprise value of RESIDENTIAL LAWYERS LIMITED at £2.6m based on a Turnover of £5.4m and 0.47x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of RESIDENTIAL LAWYERS LIMITED at £233.2k based on an EBITDA of £82.1k and a 2.84x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of RESIDENTIAL LAWYERS LIMITED at £0 based on Net Assets of £-74.1k and 2x industry multiple (adjusted for liquidity).
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Residential Lawyers Limited is a dissolved company that was located in west midlands, WS1 1QL with a Companies House number of 07570279. It operated in the activities of patent and copyright agents sector, SIC Code 69109. Founded in March 2011, it's largest shareholder was clare beatrice williams with a 50% stake. The last turnover for Residential Lawyers Limited was estimated at £5.4m.
Pomanda's financial health check has awarded Residential Lawyers Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £5.4m, make it larger than the average company (£982.8k)
- Residential Lawyers Limited
£982.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 133%, show it is growing at a faster rate (4.7%)
- Residential Lawyers Limited
4.7% - Industry AVG
Production
with a gross margin of 28.6%, this company has a higher cost of product (47.9%)
- Residential Lawyers Limited
47.9% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (9.4%)
- Residential Lawyers Limited
9.4% - Industry AVG
Employees
with 29 employees, this is above the industry average (18)
- Residential Lawyers Limited
18 - Industry AVG
Pay Structure
on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)
- Residential Lawyers Limited
£33.4k - Industry AVG
Efficiency
resulting in sales per employee of £186.8k, this is more efficient (£98.4k)
- Residential Lawyers Limited
£98.4k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (41 days)
- Residential Lawyers Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 220 days, this is slower than average (43 days)
- Residential Lawyers Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (24 days)
- Residential Lawyers Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is less cash available to meet short term requirements (29 weeks)
18 weeks - Residential Lawyers Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.3%, this is a higher level of debt than the average (62.8%)
103.3% - Residential Lawyers Limited
62.8% - Industry AVG
Residential Lawyers Limited's latest turnover from March 2016 is estimated at £5.4 million and the company has net assets of -£74.1 thousand. According to their latest financial statements, we estimate that Residential Lawyers Limited has 29 employees and maintains cash reserves of £848.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|
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 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|
Tangible Assets | 867 | 838 | 1,088 | 773 | 938 |
Intangible Assets | 36,000 | 40,000 | |||
Investments & Other | |||||
Debtors (Due After 1 year) | |||||
Total Fixed Assets | 36,867 | 40,838 | 1,088 | 773 | 938 |
Stock & work in progress | 43,750 | 40,000 | 39,000 | 41,856 | 40,250 |
Trade Debtors | 1,336,513 | 11,407 | 11,791 | 31,129 | 38,823 |
Group Debtors | |||||
Misc Debtors | 6,276 | ||||
Cash | 848,224 | 972,516 | 1,350,112 | 862,406 | 1,742,240 |
misc current assets | |||||
total current assets | 2,228,487 | 1,030,199 | 1,400,903 | 935,391 | 1,821,313 |
total assets | 2,265,354 | 1,071,037 | 1,401,991 | 936,164 | 1,822,251 |
Bank overdraft | |||||
Bank loan | |||||
Trade Creditors | 2,339,414 | 1,210,815 | 1,556,067 | 1,007,369 | 1,862,479 |
Group/Directors Accounts | 1 | 2,848 | 13,091 | ||
other short term finances | |||||
hp & lease commitments | |||||
other current liabilities | |||||
total current liabilities | 2,339,414 | 1,210,815 | 1,556,068 | 1,010,217 | 1,875,570 |
loans | |||||
hp & lease commitments | |||||
Accruals and Deferred Income | |||||
other liabilities | |||||
provisions | |||||
total long term liabilities | |||||
total liabilities | 2,339,414 | 1,210,815 | 1,556,068 | 1,010,217 | 1,875,570 |
net assets | -74,060 | -139,778 | -154,077 | -74,053 | -53,319 |
total shareholders funds | -74,060 | -139,778 | -154,077 | -74,053 | -53,319 |
Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | 515 | 250 | 250 | 165 | 165 |
Amortisation | 4,000 | ||||
Tax | |||||
Stock | 3,750 | 1,000 | -2,856 | 1,606 | 40,250 |
Debtors | 1,318,830 | 5,892 | -19,338 | -7,694 | 38,823 |
Creditors | 1,128,599 | -345,252 | 548,698 | -855,110 | 1,862,479 |
Accruals and Deferred Income | |||||
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 | -1 | -2,847 | -10,243 | 13,091 | |
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 | -124,292 | -377,596 | 487,706 | -879,834 | 1,742,240 |
overdraft | |||||
change in cash | -124,292 | -377,596 | 487,706 | -879,834 | 1,742,240 |
Perform a competitor analysis for residential lawyers limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in WS1 area or any other competitors across 12 key performance metrics.
RESIDENTIAL LAWYERS LIMITED group structure
Residential Lawyers Limited has no subsidiary companies.
Ultimate parent company
RESIDENTIAL LAWYERS LIMITED
07570279
Residential Lawyers Limited currently has 2 directors. The longest serving directors include Ms Clare Williams (Mar 2011) and Mr Graham Thompson (May 2011).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Clare Williams | 72 years | Mar 2011 | - | Director | |
Mr Graham Thompson | 79 years | May 2011 | - | Director |
P&L
March 2016turnover
5.4m
+816%
operating profit
77.6k
0%
gross margin
28.7%
+8.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2016net assets
-74.1k
-0.47%
total assets
2.3m
+1.12%
cash
848.2k
-0.13%
net assets
Total assets minus all liabilities
company number
07570279
Type
Private limited with Share Capital
industry
69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
82990 - Other business support service activities n.e.c.
incorporation date
March 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
March 2016
previous names
rplawyers limited (May 2011)
accountant
-
auditor
-
address
26-28 goodall street, walsall, west midlands, WS1 1QL
Bank
-
Legal Advisor
-
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 1 charges/mortgages relating to residential lawyers limited. Currently there are 1 open charges and 0 have been satisfied in the past.
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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