the light legal services ltd
the light legal services ltd Company Information
Company Number
07583051
Website
www.thelegalservices.co.ukRegistered Address
50 cambridge road bec# 1.13, barking, essex, IG11 8FG
Industry
Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
Telephone
02085912679
Next Accounts Due
257 days late
Group Structure
View All
Directors
Thomas Beyebenwo13 Years
Shareholders
thomas beyebenwo 100%
the light legal services ltd Estimated Valuation
Pomanda estimates the enterprise value of THE LIGHT LEGAL SERVICES LTD at £60k based on a Turnover of £84.2k and 0.71x industry multiple (adjusted for size and gross margin).
the light legal services ltd Estimated Valuation
Pomanda estimates the enterprise value of THE LIGHT LEGAL SERVICES LTD at £22.1k based on an EBITDA of £4.2k and a 5.23x industry multiple (adjusted for size and gross margin).
the light legal services ltd Estimated Valuation
Pomanda estimates the enterprise value of THE LIGHT LEGAL SERVICES LTD at £101 based on Net Assets of £1.6k and 0.06x industry multiple (adjusted for liquidity).
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The Light Legal Services Ltd Overview
The Light Legal Services Ltd is a live company located in essex, IG11 8FG with a Companies House number of 07583051. It operates in the activities of patent and copyright agents sector, SIC Code 69109. Founded in March 2011, it's largest shareholder is thomas beyebenwo with a 100% stake. The Light Legal Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £84.2k with rapid growth in recent years.
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The Light Legal Services Ltd Health Check
Pomanda's financial health check has awarded The Light Legal Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £84.2k, make it smaller than the average company (£476.6k)
- The Light Legal Services Ltd
£476.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 140%, show it is growing at a faster rate (7%)
- The Light Legal Services Ltd
7% - Industry AVG
Production
with a gross margin of 56.9%, this company has a comparable cost of product (56.9%)
- The Light Legal Services Ltd
56.9% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (17.4%)
- The Light Legal Services Ltd
17.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - The Light Legal Services Ltd
6 - Industry AVG
Pay Structure
on an average salary of £28.8k, the company has an equivalent pay structure (£28.8k)
- The Light Legal Services Ltd
£28.8k - Industry AVG
Efficiency
resulting in sales per employee of £42.1k, this is less efficient (£68.8k)
- The Light Legal Services Ltd
£68.8k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (60 days)
- The Light Legal Services Ltd
60 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- The Light Legal Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Light Legal Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 256 weeks, this is more cash available to meet short term requirements (45 weeks)
256 weeks - The Light Legal Services Ltd
45 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.7%, this is a higher level of debt than the average (50.5%)
93.7% - The Light Legal Services Ltd
50.5% - Industry AVG
THE LIGHT LEGAL SERVICES LTD financials
The Light Legal Services Ltd's latest turnover from March 2022 is estimated at £84.2 thousand and the company has net assets of £1.6 thousand. According to their latest financial statements, The Light Legal Services Ltd has 2 employees and maintains cash reserves of £16.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,116 | 3,680 | |||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | 4,721 | -5,308 | |||||||||
| Interest Payable | 0 | 0 | |||||||||
| Interest Receivable | 0 | 0 | |||||||||
| Pre-Tax Profit | 4,721 | -5,308 | |||||||||
| Tax | 0 | 0 | |||||||||
| Profit After Tax | 4,721 | -5,308 | |||||||||
| Dividends Paid | 0 | 0 | |||||||||
| Retained Profit | 4,721 | -5,308 | |||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | |||||||
| EBITDA* | 5,004 | -4,954 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,739 | 3,130 | 1,575 | 2,632 | 2,634 | 4,565 | 4,660 | 1,924 | 2,405 | 1,133 | 1,416 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,739 | 3,130 | 1,575 | 2,632 | 2,634 | 4,565 | 4,660 | 1,924 | 2,405 | 1,133 | 1,416 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,927 | 7,297 | 3,697 | 697 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 1,245 | 1,245 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 16,848 | 14,848 | 90 | 0 | 5,572 | 119 | 195 | 586 | 1,090 | 1,583 | 275 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 23,775 | 22,145 | 3,787 | 1,942 | 6,817 | 119 | 195 | 586 | 1,090 | 1,583 | 275 |
| total assets | 25,514 | 25,275 | 5,362 | 4,574 | 9,451 | 4,684 | 4,855 | 2,510 | 3,495 | 2,716 | 1,691 |
| Bank overdraft | 0 | 0 | 0 | 13 | 0 | 31 | 985 | 0 | 0 | 698 | 698 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 1 | 0 | 1 | 0 | 1 | 1,855 | 1,532 | 1,804 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,418 | 1,092 | 1,135 | 117 | 5,501 | 1,163 | 1,495 | 0 | 0 | 800 | 6,300 |
| total current liabilities | 3,418 | 1,092 | 1,136 | 130 | 5,502 | 1,194 | 2,481 | 1,855 | 1,532 | 3,302 | 6,998 |
| loans | 20,484 | 23,750 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 20,484 | 23,750 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 23,902 | 24,842 | 1,136 | 130 | 5,502 | 1,194 | 2,481 | 1,855 | 1,532 | 3,302 | 6,998 |
| net assets | 1,612 | 433 | 4,226 | 4,444 | 3,949 | 3,490 | 2,374 | 655 | 1,963 | -586 | -5,307 |
| total shareholders funds | 1,612 | 433 | 4,226 | 4,444 | 3,949 | 3,490 | 2,374 | 655 | 1,963 | -586 | -5,307 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 4,721 | -5,308 | |||||||||
| Depreciation | 1,391 | 1,925 | 1,057 | 1,057 | 1,141 | 1,141 | 1,165 | 481 | 600 | 283 | 354 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -370 | 3,600 | 1,755 | 697 | 1,245 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | -1 | 1 | -1 | 1 | -1 | -1,854 | 323 | -272 | 1,804 | 0 |
| Accruals and Deferred Income | 2,326 | -43 | 1,018 | -5,384 | 4,338 | -332 | 1,495 | 0 | -800 | -5,500 | 6,300 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,308 | 1,346 | |||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -3,266 | 23,750 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | 0 | |||||||||
| cash flow from financing | 0 | 1 | |||||||||
| cash and cash equivalents | |||||||||||
| cash | 2,000 | 14,758 | 90 | -5,572 | 5,453 | -76 | -391 | -504 | -493 | 1,308 | 275 |
| overdraft | 0 | 0 | -13 | 13 | -31 | -954 | 985 | 0 | -698 | 0 | 698 |
| change in cash | 2,000 | 14,758 | 103 | -5,585 | 5,484 | 878 | -1,376 | -504 | 205 | 1,308 | -423 |
the light legal services ltd Credit Report and Business Information
The Light Legal Services Ltd Competitor Analysis
Perform a competitor analysis for the light legal services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in IG11 area or any other competitors across 12 key performance metrics.
the light legal services ltd Ownership
THE LIGHT LEGAL SERVICES LTD group structure
The Light Legal Services Ltd has no subsidiary companies.
Ultimate parent company
THE LIGHT LEGAL SERVICES LTD
07583051
the light legal services ltd directors
The Light Legal Services Ltd currently has 1 director, Mr Thomas Beyebenwo serving since Mar 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Beyebenwo | England | 43 years | Mar 2011 | - | Director |
P&L
March 2022turnover
84.2k
-8%
operating profit
2.8k
0%
gross margin
56.9%
-2.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
1.6k
+2.72%
total assets
25.5k
+0.01%
cash
16.8k
+0.13%
net assets
Total assets minus all liabilities
Similar Companies
the light legal services ltd company details
company number
07583051
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.
incorporation date
March 2011
age
13
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2022
address
50 cambridge road bec# 1.13, barking, essex, IG11 8FG
accountant
TAXPLUS ACCOUNTANTS LTD
auditor
-
the light legal services ltd 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 the light legal services ltd.
the light legal services ltd Companies House Filings - See Documents
| date | description | view/download |
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