glynns solicitors limited
glynns solicitors limited Company Information
Company Number
07916362
Website
http://solicitors.comRegistered Address
the old piggery, walley court road, bristol, BS40 8XN
Industry
Solicitors
Telephone
01275334030
Next Accounts Due
January 2025
Group Structure
View All
Directors
Julie Glynn12 Years
Shareholders
julie glynn 100%
glynns solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of GLYNNS SOLICITORS LIMITED at £2.8m based on a Turnover of £4.2m and 0.68x industry multiple (adjusted for size and gross margin).
glynns solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of GLYNNS SOLICITORS LIMITED at £0 based on an EBITDA of £-81k and a 3.41x industry multiple (adjusted for size and gross margin).
glynns solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of GLYNNS SOLICITORS LIMITED at £6.7m based on Net Assets of £3.8m and 1.77x industry multiple (adjusted for liquidity).
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Glynns Solicitors Limited Overview
Glynns Solicitors Limited is a live company located in bristol, BS40 8XN with a Companies House number of 07916362. It operates in the solicitors sector, SIC Code 69102. Founded in January 2012, it's largest shareholder is julie glynn with a 100% stake. Glynns Solicitors Limited is a established, small sized company, Pomanda has estimated its turnover at £4.2m with low growth in recent years.
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Glynns Solicitors Limited Health Check
Pomanda's financial health check has awarded Glynns Solicitors Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £4.2m, make it larger than the average company (£1.5m)
- Glynns Solicitors Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6%)
- Glynns Solicitors Limited
6% - Industry AVG
Production
with a gross margin of 64.1%, this company has a comparable cost of product (64.1%)
- Glynns Solicitors Limited
64.1% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (9%)
- Glynns Solicitors Limited
9% - Industry AVG
Employees
with 17 employees, this is below the industry average (26)
17 - Glynns Solicitors Limited
26 - Industry AVG
Pay Structure
on an average salary of £38.1k, the company has an equivalent pay structure (£38.1k)
- Glynns Solicitors Limited
£38.1k - Industry AVG
Efficiency
resulting in sales per employee of £246.1k, this is more efficient (£67.9k)
- Glynns Solicitors Limited
£67.9k - Industry AVG
Debtor Days
it gets paid by customers after 161 days, this is later than average (73 days)
- Glynns Solicitors Limited
73 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (24 days)
- Glynns Solicitors Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Glynns Solicitors Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 143 weeks, this is more cash available to meet short term requirements (21 weeks)
143 weeks - Glynns Solicitors Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15%, this is a lower level of debt than the average (55.6%)
15% - Glynns Solicitors Limited
55.6% - Industry AVG
GLYNNS SOLICITORS LIMITED financials
Glynns Solicitors Limited's latest turnover from April 2023 is estimated at £4.2 million and the company has net assets of £3.8 million. According to their latest financial statements, Glynns Solicitors Limited has 17 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 17 | 18 | 18 | 18 | 16 | 16 | 15 | 15 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,051 | 4,813 | 14,581 | 23,901 | 23,733 | 14,666 | 23,264 | 30,021 | 29,026 | 7,354 | 3,955 |
| Intangible Assets | 0 | 0 | 95,000 | 190,000 | 285,000 | 380,000 | 475,000 | 570,000 | 665,000 | 760,000 | 644,472 |
| 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 | 1,051 | 4,813 | 109,581 | 213,901 | 308,733 | 394,666 | 498,264 | 600,021 | 694,026 | 767,354 | 648,427 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,853,896 | 1,743,959 | 1,513,477 | 1,897,576 | 2,110,287 | 2,388,862 | 2,055,828 | 1,656,073 | 1,406,742 | 1,117,823 | 899,648 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 774,723 | 602,732 | 587,307 | 597,669 | 436,604 | 362,845 | 19,412 | 35,814 | 0 | 0 | 0 |
| Cash | 1,845,201 | 2,185,110 | 2,576,725 | 1,708,178 | 1,470,793 | 350,435 | 740,265 | 631,991 | 529,768 | 669,847 | 307,206 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,473,820 | 4,531,801 | 4,677,509 | 4,203,423 | 4,017,684 | 3,102,142 | 2,815,505 | 2,323,878 | 1,936,510 | 1,787,670 | 1,206,854 |
| total assets | 4,474,871 | 4,536,614 | 4,787,090 | 4,417,324 | 4,326,417 | 3,496,808 | 3,313,769 | 2,923,899 | 2,630,536 | 2,555,024 | 1,855,281 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 465,816 | 421,418 | 341,255 | 488,652 | 639,915 | 561,128 | 566,128 | 419,967 | 1,187,163 | 897,170 | 819,158 |
| 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 | 203,339 | 309,337 | 444,167 | 629,110 | 751,749 | 535,586 | 486,765 | 576,628 | 0 | 0 | 0 |
| total current liabilities | 669,155 | 730,755 | 785,422 | 1,117,762 | 1,391,664 | 1,096,714 | 1,052,893 | 996,595 | 1,187,163 | 897,170 | 819,158 |
| loans | 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 |
| 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 | 716,080 | 716,080 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 716,080 | 716,080 |
| total liabilities | 669,155 | 730,755 | 785,422 | 1,117,762 | 1,391,664 | 1,096,714 | 1,052,893 | 996,595 | 1,187,163 | 1,613,250 | 1,535,238 |
| net assets | 3,805,716 | 3,805,859 | 4,001,668 | 3,299,562 | 2,934,753 | 2,400,094 | 2,260,876 | 1,927,304 | 1,443,373 | 941,774 | 320,043 |
| total shareholders funds | 3,805,716 | 3,805,859 | 4,001,668 | 3,299,562 | 2,934,753 | 2,400,094 | 2,260,876 | 1,927,304 | 1,443,373 | 941,774 | 320,043 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 4,790 | 10,866 | 21,561 | 19,100 | 15,500 | 13,479 | 14,659 | 13,665 | 12,853 | 3,915 | 1,710 |
| Amortisation | 0 | 95,000 | 95,000 | 95,000 | 95,000 | 95,000 | 95,000 | 95,000 | 95,000 | 118,392 | 71,608 |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 281,928 | 245,907 | -394,461 | -51,646 | -204,816 | 676,467 | 383,353 | 285,145 | 288,919 | 218,175 | 899,648 |
| Creditors | 44,398 | 80,163 | -147,397 | -151,263 | 78,787 | -5,000 | 146,161 | -767,196 | 289,993 | 78,012 | 819,158 |
| Accruals and Deferred Income | -105,998 | -134,830 | -184,943 | -122,639 | 216,163 | 48,821 | -89,863 | 576,628 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| 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 | 0 | 0 | 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 | -716,080 | 0 | 716,080 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -339,909 | -391,615 | 868,547 | 237,385 | 1,120,358 | -389,830 | 108,274 | 102,223 | -140,079 | 362,641 | 307,206 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -339,909 | -391,615 | 868,547 | 237,385 | 1,120,358 | -389,830 | 108,274 | 102,223 | -140,079 | 362,641 | 307,206 |
glynns solicitors limited Credit Report and Business Information
Glynns Solicitors Limited Competitor Analysis
Perform a competitor analysis for glynns solicitors limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
glynns solicitors limited Ownership
GLYNNS SOLICITORS LIMITED group structure
Glynns Solicitors Limited has no subsidiary companies.
Ultimate parent company
GLYNNS SOLICITORS LIMITED
07916362
glynns solicitors limited directors
Glynns Solicitors Limited currently has 1 director, Miss Julie Glynn serving since Apr 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Julie Glynn | 69 years | Apr 2012 | - | Director |
P&L
April 2023turnover
4.2m
+13%
operating profit
-85.8k
0%
gross margin
64.2%
+1.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
3.8m
0%
total assets
4.5m
-0.01%
cash
1.8m
-0.16%
net assets
Total assets minus all liabilities
glynns solicitors limited company details
company number
07916362
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
January 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
the old piggery, walley court road, bristol, BS40 8XN
last accounts submitted
April 2023
glynns 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 glynns solicitors limited.
glynns solicitors limited Companies House Filings - See Documents
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