ealing law centre

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ealing law centre Company Information

Share EALING LAW CENTRE

Company Number

08151033

Shareholders

-

Group Structure

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Industry

Solicitors

 +2

Registered Address

hanwell community library, ealing law centre, hanwell commu, hanwell, london,, W7 3HL

ealing law centre Estimated Valuation

£382.7k

Pomanda estimates the enterprise value of EALING LAW CENTRE at £382.7k based on a Turnover of £570.6k and 0.67x industry multiple (adjusted for size and gross margin).

ealing law centre Estimated Valuation

£27.6k

Pomanda estimates the enterprise value of EALING LAW CENTRE at £27.6k based on an EBITDA of £6.1k and a 4.51x industry multiple (adjusted for size and gross margin).

ealing law centre Estimated Valuation

£653k

Pomanda estimates the enterprise value of EALING LAW CENTRE at £653k based on Net Assets of £274.1k and 2.38x industry multiple (adjusted for liquidity).

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Ealing Law Centre Overview

Ealing Law Centre is a live company located in hanwell, london,, W7 3HL with a Companies House number of 08151033. It operates in the solicitors sector, SIC Code 69102. Founded in July 2012, it's largest shareholder is unknown. Ealing Law Centre is a established, small sized company, Pomanda has estimated its turnover at £570.6k with low growth in recent years.

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Ealing Law Centre Health Check

Pomanda's financial health check has awarded Ealing Law Centre a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

5 Regular

positive_score

4 Weak

size

Size

annual sales of £570.6k, make it smaller than the average company (£798.3k)

£570.6k - Ealing Law Centre

£798.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (7.2%)

3% - Ealing Law Centre

7.2% - Industry AVG

production

Production

with a gross margin of 58.1%, this company has a comparable cost of product (58.1%)

58.1% - Ealing Law Centre

58.1% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (6.1%)

0% - Ealing Law Centre

6.1% - Industry AVG

employees

Employees

with 13 employees, this is similar to the industry average (14)

13 - Ealing Law Centre

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.4k, the company has an equivalent pay structure (£30.7k)

£34.4k - Ealing Law Centre

£30.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £43.9k, this is less efficient (£60.3k)

£43.9k - Ealing Law Centre

£60.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (34 days)

0 days - Ealing Law Centre

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 20 days, this is close to average (22 days)

20 days - Ealing Law Centre

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ealing Law Centre

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 96 weeks, this is average cash available to meet short term requirements (109 weeks)

96 weeks - Ealing Law Centre

109 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23%, this is a lower level of debt than the average (31.8%)

23% - Ealing Law Centre

31.8% - Industry AVG

EALING LAW CENTRE financials

EXPORTms excel logo

Ealing Law Centre's latest turnover from March 2024 is £570.6 thousand and the company has net assets of £274.1 thousand. According to their latest financial statements, Ealing Law Centre has 13 employees and maintains cash reserves of £150.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Turnover570,598576,592471,873526,795378,070328,476264,973601,173470,488305,690144,181
Other Income Or Grants
Cost Of Sales239,343229,937188,290241,846162,267136,391103,978223,342240,725163,58579,753
Gross Profit331,255346,655283,583284,949215,803192,085160,995377,831229,763142,10564,428
Admin Expenses331,128297,466304,277152,351213,289164,363131,818384,985187,18697,81735,850
Operating Profit12749,189-20,694132,5982,51427,72229,177-7,15442,57744,28828,578
Interest Payable
Interest Receivable19537314136
Pre-Tax Profit6,33145,601-19,105107,5702,14523,10923,935-6,95942,95044,42928,614
Tax-8,590-9,330-6,581
Profit After Tax6,33145,601-19,105107,5702,14523,10923,935-6,95934,36035,09922,033
Dividends Paid
Retained Profit6,33145,601-19,105107,5702,14523,10923,935-6,95934,36035,09922,033
Employee Costs446,764408,787363,891314,668290,503226,344175,058322,005253,284174,897100,715
Number Of Employees13141191076131074
EBITDA*6,13154,348-16,109136,8603,85729,25230,854-7,15443,97145,23828,934

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Tangible Assets5,3736,9769,22811,6381,6641,9821,7233,4002,8742,4941,069
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets5,3736,9769,22811,6381,6641,9821,7233,4002,8742,4941,069
Stock & work in progress
Trade Debtors57412,28414,5251,89621,42518,30447,12370,19550,09936,17816,473
Group Debtors
Misc Debtors198,925138,313141,46588,95388,74664,36931,142
Cash150,893165,848168,679255,137153,060115,36499,91749,023107,25142,02514,514
misc current assets
total current assets350,392316,445324,669345,986263,231198,037178,182119,218157,35078,20330,987
total assets355,765323,421333,897357,624264,895200,019179,905122,618160,22480,69732,056
Bank overdraft
Bank loan
Trade Creditors 13,5259,5717,66913,82613,7925,9941,73838,08568,73223,56510,023
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities68,12146,062104,041102,506117,38162,44869,699
total current liabilities81,64655,633111,710116,332131,17368,44271,43738,08568,73223,56510,023
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities81,64655,633111,710116,332131,17368,44271,43738,08568,73223,56510,023
net assets274,119267,788222,187241,292133,722131,577108,46884,53391,49257,13222,033
total shareholders funds274,119267,788222,187241,292133,722131,577108,46884,53391,49257,13222,033
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Operating Activities
Operating Profit12749,189-20,694132,5982,51427,72229,177-7,15442,57744,28828,578
Depreciation6,0045,1594,5854,2621,3431,5301,6771,394950356
Amortisation
Tax-8,590-9,330-6,581
Stock
Debtors48,902-5,39365,141-19,32227,4984,4088,07020,09613,92119,70516,473
Creditors3,9541,902-6,157347,7984,256-36,347-30,64745,16713,54210,023
Accruals and Deferred Income22,059-57,9791,535-14,87554,933-7,25169,699
Deferred Taxes & Provisions
Cash flow from operations-16,7583,664-85,872141,34139,09021,84956,136-57,89766,62729,74515,903
Investing Activities
capital expenditure-1,025-1,789-526-1,774-2,375-1,425
Change in Investments
cash flow from investments-1,025-1,789-526-1,774-2,375-1,425
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest19537314136
cash flow from financing19537314136
cash and cash equivalents
cash-14,955-2,831-86,458102,07737,69615,44750,894-58,22865,22627,51114,514
overdraft
change in cash-14,955-2,831-86,458102,07737,69615,44750,894-58,22865,22627,51114,514

ealing law centre 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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Ealing Law Centre Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ealing law centre by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in W 7 area or any other competitors across 12 key performance metrics.

ealing law centre Ownership

EALING LAW CENTRE group structure

Ealing Law Centre has no subsidiary companies.

Ultimate parent company

EALING LAW CENTRE

08151033

EALING LAW CENTRE Shareholders

--

ealing law centre directors

Ealing Law Centre currently has 5 directors. The longest serving directors include Mr Richard Gowthorpe (May 2019) and Mr Adam Partington (Oct 2021).

officercountryagestartendrole
Mr Richard GowthorpeEngland59 years May 2019- Director
Mr Adam PartingtonEngland46 years Oct 2021- Director
Miss Kareena TalwarEngland25 years Oct 2021- Director
Mrs Jane BatalonaEngland58 years Oct 2021- Director
Mr Nesar KhanEngland32 years Dec 2022- Director

P&L

March 2024

turnover

570.6k

-1%

operating profit

126.9

0%

gross margin

58.1%

-3.44%

turnover

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

Balance Sheet

March 2024

net assets

274.1k

+0.02%

total assets

355.8k

+0.1%

cash

150.9k

-0.09%

net assets

Total assets minus all liabilities

ealing law centre company details

company number

08151033

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

96090 - Other personal service activities n.e.c.

69102 - Solicitors

88990 - Other social work activities without accommodation n.e.c.

incorporation date

July 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

ealing community law centre (January 2013)

accountant

TIMOTHY SULLIVAN

auditor

-

address

hanwell community library, ealing law centre, hanwell commu, hanwell, london,, W7 3HL

Bank

-

Legal Advisor

-

ealing law centre 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 ealing law centre.

ealing law centre 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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ealing law centre Companies House Filings - See Documents

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