Adkirk Law Limited

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adkirk law limited Company Information

Company Number

08127316

Next Accounts

Aug 2025

Directors

Rachel Adamson

Linda Kirk

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Shareholders

linda kirk

rachel adamson

Group Structure

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Industry

Solicitors

Registered Address

suite g2 and g3 old docks house, 90 watery lane, preston, PR2 1AU

Website

www.lawyersinc.org

adkirk law limited Estimated Valuation

£276.1k

Pomanda estimates the enterprise value of ADKIRK LAW LIMITED at £276.1k based on Net Assets of £160.6k and 1.72x industry multiple (adjusted for liquidity).

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Adkirk Law Limited is a live company located in preston, PR2 1AU with a Companies House number of 08127316. It operates in the solicitors sector, SIC Code 69102. Founded in July 2012, it's largest shareholder is linda kirk with a 50% stake. Adkirk Law Limited is a established, micro sized company, Pomanda has estimated its turnover at £316.2k with low growth in recent years.

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Pomanda's financial health check has awarded Adkirk Law Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2.5out of 5

1 Strong

5 Regular

6 Weak

Size

annual sales of £316.2k, make it smaller than the average company (£1.2m)

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6.5%)

EXPORT

Adkirk Law Limited's latest turnover from November 2023 is estimated at £316.2 thousand and the company has net assets of £160.6 thousand. According to their latest financial statements, Adkirk Law Limited has 5 employees and maintains cash reserves of £38.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Jul 2014	Jul 2013
Turnover	316,210	361,348	370,707	286,340	257,875	257,665	286,536	243,196	349,890	105,650	150,711
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	103,004	109,035	152,705	136,128	94,861	86,825	86,770	72,647	141,152	45,441	66,106
Gross Profit	213,206	252,313	218,002	150,212	163,013	170,840	199,765	170,549	208,738	60,209	84,605
Admin Expenses	266,797	327,519	48,998	204,527	262,515	389,756	665,128	272,067	297,337	146,630	140,262
Operating Profit	-53,591	-75,206	169,004	-54,315	-99,502	-218,916	-465,363	-101,518	-88,599	-86,421	-55,657
Interest Payable	7,726	8,061	6,043	4,423	1,519	0	0	0	0	0	0
Interest Receivable	3,783	6,377	253	114	295	282	719	853	1,199	117	2
Pre-Tax Profit	-57,533	-76,891	163,214	-58,623	-100,726	-218,634	-464,644	-100,665	-87,400	-86,304	-55,655
Tax	0	0	-31,011	0	0	0	0	0	0	0	0
Profit After Tax	-57,533	-76,891	132,203	-58,623	-100,726	-218,634	-464,644	-100,665	-87,400	-86,304	-55,655
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-57,533	-76,891	132,203	-58,623	-100,726	-218,634	-464,644	-100,665	-87,400	-86,304	-55,655
Employee Costs	196,125	177,858	166,221	130,233	142,303	128,229	120,886	91,116	215,260	58,875	90,205
Number Of Employees	5	5	5	4	4	4	4	3	7	2	3
EBITDA*	-51,364	-72,063	172,758	-51,458	-98,094	-217,330	-464,745	-101,414	-88,599	-86,421	-55,657

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Jul 2014	Jul 2013
Tangible Assets	8,904	12,568	15,015	11,429	5,631	7,039	8,369	609	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	1	1	1	1	1	1	1	1	1	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	8,905	12,569	15,016	11,430	5,632	7,040	8,370	610	1	0	0
Stock & work in progress	191,760	183,883	343,024	114,663	270,476	216,663	314,860	0	0	0	0
Trade Debtors	48,770	84,241	78,712	63,343	52,781	46,232	64,984	51,114	58,626	1,420	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	38,996	51,723	20,279	15,397	19,396	41,992	52,378	463,687	0	0	0
Cash	38,282	105,837	319,267	186,158	42,429	36,216	38,914	248,822	433,453	46,001	700
misc current assets	0	0	0	0	0	0	0	0	0	0	0
total current assets	317,808	425,684	761,282	379,561	385,082	341,103	471,136	763,623	492,079	47,421	700
total assets	326,713	438,253	776,298	390,991	390,714	348,143	479,506	764,233	492,080	47,421	700
Bank overdraft	17,000	17,000	3,333	3,333	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	60,413	47,412	124,175	36,136	50,663	68,922	134,277	199,976	210,967	178,908	55,655
Group/Directors Accounts	9,118	53,967	160,000	45,200	28,200	0	0	0	0	0	0
other short term finances	0	0	0	0	45,000	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	40,255	37,725	98,978	46,834	45,407	35,256	257,630	187,014	0	0	0
total current liabilities	126,786	156,104	386,486	131,503	169,270	104,178	391,907	386,990	210,967	178,908	55,655
loans	39,327	64,016	94,788	96,667	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	596,795	221,795	46,795	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	39,327	64,016	94,788	96,667	0	596,795	221,795	46,795	0	0	0
total liabilities	166,113	220,120	481,274	228,170	169,270	700,973	613,702	433,785	210,967	178,908	55,655
net assets	160,600	218,133	295,024	162,821	221,444	-352,830	-134,196	330,448	281,113	-131,487	-54,955
total shareholders funds	160,600	218,133	295,024	162,821	221,444	-352,830	-134,196	330,448	281,113	-131,487	-54,955

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Jul 2014	Jul 2013
Operating Activities
Operating Profit	-53,591	-75,206	169,004	-54,315	-99,502	-218,916	-465,363	-101,518	-88,599	-86,421	-55,657
Depreciation	2,227	3,143	3,754	2,857	1,408	1,586	618	104	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	-31,011	0	0	0	0	0	0	0	0
Stock	7,877	-159,141	228,361	-155,813	53,813	-98,197	314,860	0	0	0	0
Debtors	-48,198	36,973	20,251	6,563	-16,047	-29,138	-397,439	456,175	57,206	1,420	0
Creditors	13,001	-76,763	88,039	-14,527	-18,259	-65,355	-65,699	-10,991	32,059	123,253	55,655
Accruals and Deferred Income	2,530	-61,253	52,144	1,427	10,151	-222,374	70,616	187,014	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	4,488	-87,911	33,318	84,692	-143,968	-377,724	-377,249	-381,566	-113,746	35,412	-2
Investing Activities
capital expenditure	1,437	-696	-7,340	-8,655	0	-256	-8,378	-713	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	1	0	0
cash flow from investments	1,437	-696	-7,340	-8,655	0	-256	-8,378	-713	-1	0	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-44,849	-106,033	114,800	17,000	28,200	0	0	0	0	0	0
Other Short Term Loans	0	0	0	-45,000	45,000	0	0	0	0	0	0
Long term loans	-24,689	-30,772	-1,879	96,667	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	-596,795	375,000	175,000	46,795	0	0	0
share issue	0	0	0	0	675,000	0	0	150,000	500,000	9,772	700
interest	-3,943	-1,684	-5,790	-4,309	-1,224	282	719	853	1,199	117	2
cash flow from financing	-73,481	-138,489	107,131	64,358	150,181	375,282	175,719	197,648	501,199	9,889	702
cash and cash equivalents
cash	-67,555	-213,430	133,109	143,729	6,213	-2,698	-209,908	-184,631	387,452	45,301	700
overdraft	0	13,667	0	3,333	0	0	0	0	0	0	0
change in cash	-67,555	-227,097	133,109	140,396	6,213	-2,698	-209,908	-184,631	387,452	45,301	700

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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ADKIRK LAW LIMITED group structure

Adkirk Law Limited has 1 subsidiary company.

Ultimate parent company

ADKIRK LAW LIMITED

08127316

1 subsidiary

ADKIRK LAW EMPLOYMENT SERVICES LIMITED

09878056

ADKIRK LAW LIMITED Shareholders

linda kirk	50%
rachel adamson	50%

Adkirk Law Limited currently has 5 directors. The longest serving directors include Ms Rachel Adamson (Mar 2019) and Mrs Linda Kirk (Mar 2019).

officer	country	age	start	end	role
Ms Rachel Adamson	England	37 years	Mar 2019	-	Director
Mrs Linda Kirk	England	61 years	Mar 2019	-	Director
Miss Anna Sparrow	England	42 years	Mar 2019	-	Director
Ms Rachel Adamson		57 years	Mar 2019	-	Director
Mr Anthony Kirk	England	69 years	Jun 2019	-	Director

P&L

November 2023

turnover

316.2k

-12%

operating profit

-53.6k

gross margin

67.5%

-3.44%

turnover

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

Balance Sheet

November 2023

net assets

160.6k

-0.26%

total assets

326.7k

-0.25%

cash

38.3k

-0.64%

net assets

Total assets minus all liabilities

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company number

08127316

Type

Private limited with Share Capital

industry

69102 - Solicitors

incorporation date

July 2012

ultimate parent company

None

previous names

lawyers incorporated ltd (March 2022)

united lawyers limited (March 2014)

address

suite g2 and g3 old docks house, 90 watery lane, preston, PR2 1AU

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adkirk law limited Company Information

adkirk law limited Estimated Valuation

adkirk law limited Estimated Valuation

adkirk law limited Estimated Valuation

Adkirk Law Limited Overview

Adkirk Law Limited Health Check

ADKIRK LAW LIMITED financials

adkirk law limited Credit Report and Business Information

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