kelly legal services limited

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kelly legal services limited Company Information

Share KELLY LEGAL SERVICES LIMITED

Company Number

08547271

Shareholders

nicholas kelly

mehreen kelly

Group Structure

View All

Industry

Solicitors

 

Registered Address

18 newport street, tiverton, 18 newport street, tiverton, EX16 6NL

kelly legal services limited Estimated Valuation

£55.6k

Pomanda estimates the enterprise value of KELLY LEGAL SERVICES LIMITED at £55.6k based on a Turnover of £113.2k and 0.49x industry multiple (adjusted for size and gross margin).

kelly legal services limited Estimated Valuation

£69.6k

Pomanda estimates the enterprise value of KELLY LEGAL SERVICES LIMITED at £69.6k based on an EBITDA of £26.1k and a 2.67x industry multiple (adjusted for size and gross margin).

kelly legal services limited Estimated Valuation

£764.2k

Pomanda estimates the enterprise value of KELLY LEGAL SERVICES LIMITED at £764.2k based on Net Assets of £490.8k and 1.56x industry multiple (adjusted for liquidity).

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Kelly Legal Services Limited Overview

Kelly Legal Services Limited is a live company located in tiverton, EX16 6NL with a Companies House number of 08547271. It operates in the solicitors sector, SIC Code 69102. Founded in May 2013, it's largest shareholder is nicholas kelly with a 50% stake. Kelly Legal Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £113.2k with declining growth in recent years.

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Kelly Legal Services Limited Health Check

Pomanda's financial health check has awarded Kelly Legal Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £113.2k, make it smaller than the average company (£1m)

£113.2k - Kelly Legal Services Limited

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (7%)

-19% - Kelly Legal Services Limited

7% - Industry AVG

production

Production

with a gross margin of 43%, this company has a higher cost of product (67.8%)

43% - Kelly Legal Services Limited

67.8% - Industry AVG

profitability

Profitability

an operating margin of 23.1% make it more profitable than the average company (9.1%)

23.1% - Kelly Legal Services Limited

9.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (15)

2 - Kelly Legal Services Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £38k, the company has an equivalent pay structure (£38k)

£38k - Kelly Legal Services Limited

£38k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £56.6k, this is less efficient (£68.1k)

£56.6k - Kelly Legal Services Limited

£68.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 194 days, this is later than average (60 days)

194 days - Kelly Legal Services Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 166 days, this is slower than average (23 days)

166 days - Kelly Legal Services Limited

23 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Kelly Legal Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Kelly Legal Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 5.9%, this is a lower level of debt than the average (44.8%)

5.9% - Kelly Legal Services Limited

44.8% - Industry AVG

KELLY LEGAL SERVICES LIMITED financials

EXPORTms excel logo

Kelly Legal Services Limited's latest turnover from March 2024 is estimated at £113.2 thousand and the company has net assets of £490.8 thousand. According to their latest financial statements, Kelly Legal Services Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Feb 2016May 2015May 2014
Turnover113,23081,098155,704209,673288,747200,362200,571308,164000
Other Income Or Grants00000000000
Cost Of Sales64,49945,62895,529134,746182,350122,367126,294175,066000
Gross Profit48,73135,47060,17574,927106,39777,99574,277133,098000
Admin Expenses22,626-12,007-70,499-5,677-45,881-45,646-82,695-130,771000
Operating Profit26,10547,477130,67480,604152,278123,641156,972263,869000
Interest Payable00000000000
Interest Receivable00000000000
Pre-Tax Profit26,10545,939130,75780,604152,278123,641156,972263,931000
Tax-6,526-7,483-24,911-15,315-28,933-23,492-29,825-52,836000
Profit After Tax19,57938,456105,84665,289123,345100,149127,147211,095000
Dividends Paid00000000000
Retained Profit19,57938,456105,84665,289123,345100,149127,147211,095000
Employee Costs76,06972,84166,40161,93764,27962,81959,892500000
Number Of Employees22222222100
EBITDA*26,10547,477130,67480,604152,278123,641156,972263,869000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Feb 2016May 2015May 2014
Tangible Assets455,845454,705421,603398,099289,526239,469137,29011,455000
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets455,845454,705421,603398,099289,526239,469137,29011,455000
Stock & work in progress00000000000
Trade Debtors60,34434,789136,390158,368221,367140,955143,273148,886100
Group Debtors00000000000
Misc Debtors5,6624,7493,9689,50117,59315,06900000
Cash00000000000
misc current assets00000016,3263,447000
total current assets66,00639,538140,358167,869238,960156,024159,599152,333100
total assets521,851494,243561,961565,968528,486395,493296,889163,788100
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 29,40321,25827,61547,45775,39465,67867,08757,936000
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities29,40321,25827,61547,45775,39465,67867,08757,936000
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income1,6631,7791,5561,5311,4011,4691,6054,802000
other liabilities00000000000
provisions00000000000
total long term liabilities1,6631,7791,5561,5311,4011,4691,6054,802000
total liabilities31,06623,03729,17148,98876,79567,14768,69262,738000
net assets490,785471,206532,790516,980451,691328,346228,197101,050100
total shareholders funds490,785471,206532,790516,980451,691328,346228,197101,050100
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Feb 2016May 2015May 2014
Operating Activities
Operating Profit26,10547,477130,67480,604152,278123,641156,972263,869000
Depreciation00000000000
Amortisation00000000000
Tax-6,526-7,483-24,911-15,315-28,933-23,492-29,825-52,836000
Stock00000000000
Debtors26,468-100,820-27,511-71,09182,93612,751-5,613148,885100
Creditors8,145-6,357-19,842-27,9379,716-1,4099,15157,936000
Accruals and Deferred Income-11622325130-68-136-3,1974,802000
Deferred Taxes & Provisions00000000000
Cash flow from operations1,140134,680113,457108,57350,05785,853138,714124,886-100
Investing Activities
capital expenditure-1,140-33,102-23,504-108,573-50,057-102,179-125,835-11,455000
Change in Investments00000000000
cash flow from investments-1,140-33,102-23,504-108,573-50,057-102,179-125,835-11,455000
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue0-100,040-90,0360000-110,046100
interest00000000000
cash flow from financing0-100,040-90,0360000-110,046100
cash and cash equivalents
cash00000000000
overdraft00000000000
change in cash00000000000

kelly legal services limited 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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Kelly Legal Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for kelly legal services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EX16 area or any other competitors across 12 key performance metrics.

kelly legal services limited Ownership

KELLY LEGAL SERVICES LIMITED group structure

Kelly Legal Services Limited has no subsidiary companies.

Ultimate parent company

KELLY LEGAL SERVICES LIMITED

08547271

KELLY LEGAL SERVICES LIMITED Shareholders

nicholas kelly 50.02%
mehreen kelly 49.98%

kelly legal services limited directors

Kelly Legal Services Limited currently has 2 directors. The longest serving directors include Mr Nicholas Kelly (May 2013) and Mrs Mehreen Kelly (Jul 2016).

officercountryagestartendrole
Mr Nicholas Kelly57 years May 2013- Director
Mrs Mehreen KellyUnited Kingdom57 years Jul 2016- Director

P&L

March 2024

turnover

113.2k

+40%

operating profit

26.1k

0%

gross margin

43.1%

-1.6%

turnover

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

Balance Sheet

March 2024

net assets

490.8k

+0.04%

total assets

521.9k

+0.06%

cash

0

0%

net assets

Total assets minus all liabilities

kelly legal services limited company details

company number

08547271

Type

Private limited with Share Capital

industry

69102 - Solicitors

incorporation date

May 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

WITHERS STEELE LIMITED

auditor

-

address

18 newport street, tiverton, 18 newport street, tiverton, EX16 6NL

Bank

-

Legal Advisor

-

kelly legal services 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 kelly legal services limited.

kelly legal services limited 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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kelly legal services limited Companies House Filings - See Documents

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