sphere legal limited

Live EstablishedSmallRapid

sphere legal limited Company Information

Share SPHERE LEGAL LIMITED

Company Number

08638557

Shareholders

anjanette pavell

lisa khanna

Group Structure

View All

Industry

Solicitors

 

Registered Address

174 hammersmith road, work.life, london, W6 7JP

sphere legal limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of SPHERE LEGAL LIMITED at £1.6m based on a Turnover of £2.5m and 0.62x industry multiple (adjusted for size and gross margin).

sphere legal limited Estimated Valuation

£587.1k

Pomanda estimates the enterprise value of SPHERE LEGAL LIMITED at £587.1k based on an EBITDA of £175.6k and a 3.34x industry multiple (adjusted for size and gross margin).

sphere legal limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of SPHERE LEGAL LIMITED at £1.7m based on Net Assets of £994.6k and 1.67x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Sphere Legal Limited Overview

Sphere Legal Limited is a live company located in london, W6 7JP with a Companies House number of 08638557. It operates in the solicitors sector, SIC Code 69102. Founded in August 2013, it's largest shareholder is anjanette pavell with a 94.3% stake. Sphere Legal Limited is a established, small sized company, Pomanda has estimated its turnover at £2.5m with rapid growth in recent years.

View Sample
View Sample
View Sample

Sphere Legal Limited Health Check

Pomanda's financial health check has awarded Sphere Legal Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £2.5m, make it larger than the average company (£1.1m)

£2.5m - Sphere Legal Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (7.6%)

46% - Sphere Legal Limited

7.6% - Industry AVG

production

Production

with a gross margin of 67.1%, this company has a comparable cost of product (67.1%)

67.1% - Sphere Legal Limited

67.1% - Industry AVG

profitability

Profitability

an operating margin of 6.8% make it less profitable than the average company (9.9%)

6.8% - Sphere Legal Limited

9.9% - Industry AVG

employees

Employees

with 23 employees, this is above the industry average (16)

23 - Sphere Legal Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)

£39.4k - Sphere Legal Limited

£39.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £109.5k, this is more efficient (£74.1k)

£109.5k - Sphere Legal Limited

£74.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 125 days, this is later than average (70 days)

125 days - Sphere Legal Limited

70 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (27 days)

0 days - Sphere Legal Limited

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sphere Legal Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 62 weeks, this is more cash available to meet short term requirements (23 weeks)

62 weeks - Sphere Legal Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.1%, this is a lower level of debt than the average (54%)

37.1% - Sphere Legal Limited

54% - Industry AVG

SPHERE LEGAL LIMITED financials

EXPORTms excel logo

Sphere Legal Limited's latest turnover from January 2024 is estimated at £2.5 million and the company has net assets of £994.6 thousand. According to their latest financial statements, Sphere Legal Limited has 23 employees and maintains cash reserves of £703.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014
Turnover2,518,8422,427,440805,278808,649781,139537,261718,910318,138403,011251,59964,199
Other Income Or Grants
Cost Of Sales828,625732,469242,160340,151340,924206,872191,15888,661150,103102,08430,219
Gross Profit1,690,2171,694,971563,117468,498440,215330,390527,751229,477252,908149,51533,981
Admin Expenses1,519,1371,767,595282,459430,518106,103109,651524,548148,178194,065123,6209,144
Operating Profit171,080-72,624280,65837,980334,112220,7393,20381,29958,84325,89524,837
Interest Payable
Interest Receivable31,52618,9022,2761421251,07066032341119734
Pre-Tax Profit202,605-53,722282,93538,122334,237221,8093,86381,62259,25426,09324,871
Tax-50,651-53,758-7,243-63,505-42,144-734-15,508-11,851-5,218-5,223
Profit After Tax151,954-53,722229,17730,879270,732179,6653,12966,11447,40320,87419,648
Dividends Paid
Retained Profit151,954-53,722229,17730,879270,732179,6653,12966,11447,40320,87419,648
Employee Costs906,580824,457710,424631,838628,544411,053326,360187,238217,177153,94260,974
Number Of Employees232120191812106752
EBITDA*175,601-66,232286,80742,091337,580222,7194,98782,58459,79726,06425,006

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014
Tangible Assets11,34610,74711,6667,6647,8792,9282,7752,5662,522337506
Intangible Assets1,4321,555
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets12,77812,30211,6667,6647,8792,9282,7752,5662,522337506
Stock & work in progress
Trade Debtors864,401748,56643,66935,70734,13724,443160,78150,26577,11353,76113,200
Group Debtors
Misc Debtors603,060406,240604,548408,35618,9507,93923,816
Cash703,367497,609391,887215,13468,517180,758104,534159,57299,04165,39313,498
misc current assets90,00060,0006,9539,481
total current assets1,567,7681,246,1751,038,616657,081707,202613,557374,265277,776199,970126,10736,179
total assets1,580,5461,258,4771,050,282664,745715,081616,485377,040280,342202,492126,44436,685
Bank overdraft
Bank loan
Trade Creditors 230185,92017,035
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities585,736415,851341,434185,075266,290279,650219,870126,301114,565
total current liabilities585,966415,851341,435185,075266,290279,650219,870126,301114,56585,92017,035
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities585,966415,851341,435185,075266,290279,650219,870126,301114,56585,92017,035
net assets994,580842,626708,847479,670448,791336,835157,170154,04187,92740,52419,650
total shareholders funds994,580842,626708,847479,670448,791336,835157,170154,04187,92740,52419,650
Jan 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014
Operating Activities
Operating Profit171,080-72,624280,65837,980334,112220,7393,20381,29958,84325,89524,837
Depreciation4,3986,3176,1494,1113,4681,9801,7841,285954169169
Amortisation12375
Tax-50,651-53,758-7,243-63,505-42,144-734-15,508-11,851-5,218-5,223
Stock
Debtors115,835101,837204,782-196,738205,886253,068121,527-42,72547,16840,56113,200
Creditors230-11-85,92068,88517,035
Accruals and Deferred Income169,88574,417156,359-81,215-13,36059,78093,56911,736114,565
Deferred Taxes & Provisions
Cash flow from operations179,230-93,653184,627150,37154,829-12,713-23,705121,53729,42349,17023,618
Investing Activities
capital expenditure-4,997-7,028-10,151-3,896-8,419-2,133-1,993-1,329-3,139-675
Change in Investments
cash flow from investments-4,997-7,028-10,151-3,896-8,419-2,133-1,993-1,329-3,139-675
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue187,501-158,7762
interest31,52618,9022,2761421251,07066032341119734
cash flow from financing31,526206,4032,276142-158,6511,07066032341119736
cash and cash equivalents
cash205,758105,722176,753146,617-112,24176,224-55,03860,53133,64851,89513,498
overdraft
change in cash205,758105,722176,753146,617-112,24176,224-55,03860,53133,64851,89513,498

sphere legal limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for sphere legal limited. Get real-time insights into sphere legal limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Sphere Legal Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for sphere legal limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in W 6 area or any other competitors across 12 key performance metrics.

sphere legal limited Ownership

SPHERE LEGAL LIMITED group structure

Sphere Legal Limited has no subsidiary companies.

Ultimate parent company

SPHERE LEGAL LIMITED

08638557

SPHERE LEGAL LIMITED Shareholders

anjanette pavell 94.34%
lisa khanna 5.66%

sphere legal limited directors

Sphere Legal Limited currently has 1 director, Mrs Anjanette Pavell serving since Aug 2013.

officercountryagestartendrole
Mrs Anjanette Pavell60 years Aug 2013- Director

P&L

January 2024

turnover

2.5m

+4%

operating profit

171.1k

0%

gross margin

67.2%

-3.9%

turnover

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

Balance Sheet

January 2024

net assets

994.6k

+0.18%

total assets

1.6m

+0.26%

cash

703.4k

+0.41%

net assets

Total assets minus all liabilities

sphere legal limited company details

company number

08638557

Type

Private limited with Share Capital

industry

69102 - Solicitors

incorporation date

August 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

co-counsel limited (October 2024)

park and pavell legal services limited (October 2013)

accountant

-

auditor

-

address

174 hammersmith road, work.life, london, W6 7JP

Bank

-

Legal Advisor

-

sphere legal 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 sphere legal limited.

sphere legal 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.

Click to start generating capital raising & share issue transactions for SPHERE LEGAL LIMITED. This can take several minutes, an email will notify you when this has completed.

sphere legal limited Companies House Filings - See Documents

datedescriptionview/download