
Company Number
08638557
Next Accounts
Oct 2025
Directors
Shareholders
anjanette pavell
lisa khanna
Group Structure
View All
Industry
Solicitors
Registered Address
174 hammersmith road, work.life, london, W6 7JP
Website
co-counsel.co.ukPomanda 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).
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).
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).
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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.
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
6 Strong
2 Regular
3 Weak
Size
annual sales of £2.5m, make it larger than the average company (£1.1m)
- Sphere Legal Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (7.6%)
- Sphere Legal Limited
7.6% - Industry AVG
Production
with a gross margin of 67.1%, this company has a comparable cost of product (67.1%)
- Sphere Legal Limited
67.1% - Industry AVG
Profitability
an operating margin of 6.8% make it less profitable than the average company (9.9%)
- Sphere Legal Limited
9.9% - Industry AVG
Employees
with 23 employees, this is above the industry average (16)
23 - Sphere Legal Limited
16 - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)
- Sphere Legal Limited
£39.4k - Industry AVG
Efficiency
resulting in sales per employee of £109.5k, this is more efficient (£74.1k)
- Sphere Legal Limited
£74.1k - Industry AVG
Debtor Days
it gets paid by customers after 125 days, this is later than average (70 days)
- Sphere Legal Limited
70 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (27 days)
- Sphere Legal Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sphere Legal Limited
- - Industry AVG
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
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'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 House, Pomanda Estimates
Jan 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
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 | 23 | 21 | 20 | 19 | 18 | 12 | 10 | 6 | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 11,346 | 10,747 | 11,666 | 7,664 | 7,879 | 2,928 | 2,775 | 2,566 | 2,522 | 337 | 506 |
Intangible Assets | 1,432 | 1,555 | |||||||||
Investments & Other | |||||||||||
Debtors (Due After 1 year) | |||||||||||
Total Fixed Assets | 12,778 | 12,302 | 11,666 | 7,664 | 7,879 | 2,928 | 2,775 | 2,566 | 2,522 | 337 | 506 |
Stock & work in progress | |||||||||||
Trade Debtors | 864,401 | 748,566 | 43,669 | 35,707 | 34,137 | 24,443 | 160,781 | 50,265 | 77,113 | 53,761 | 13,200 |
Group Debtors | |||||||||||
Misc Debtors | 603,060 | 406,240 | 604,548 | 408,356 | 18,950 | 7,939 | 23,816 | ||||
Cash | 703,367 | 497,609 | 391,887 | 215,134 | 68,517 | 180,758 | 104,534 | 159,572 | 99,041 | 65,393 | 13,498 |
misc current assets | 90,000 | 60,000 | 6,953 | 9,481 | |||||||
total current assets | 1,567,768 | 1,246,175 | 1,038,616 | 657,081 | 707,202 | 613,557 | 374,265 | 277,776 | 199,970 | 126,107 | 36,179 |
total assets | 1,580,546 | 1,258,477 | 1,050,282 | 664,745 | 715,081 | 616,485 | 377,040 | 280,342 | 202,492 | 126,444 | 36,685 |
Bank overdraft | |||||||||||
Bank loan | |||||||||||
Trade Creditors | 230 | 1 | 85,920 | 17,035 | |||||||
Group/Directors Accounts | |||||||||||
other short term finances | |||||||||||
hp & lease commitments | |||||||||||
other current liabilities | 585,736 | 415,851 | 341,434 | 185,075 | 266,290 | 279,650 | 219,870 | 126,301 | 114,565 | ||
total current liabilities | 585,966 | 415,851 | 341,435 | 185,075 | 266,290 | 279,650 | 219,870 | 126,301 | 114,565 | 85,920 | 17,035 |
loans | |||||||||||
hp & lease commitments | |||||||||||
Accruals and Deferred Income | |||||||||||
other liabilities | |||||||||||
provisions | |||||||||||
total long term liabilities | |||||||||||
total liabilities | 585,966 | 415,851 | 341,435 | 185,075 | 266,290 | 279,650 | 219,870 | 126,301 | 114,565 | 85,920 | 17,035 |
net assets | 994,580 | 842,626 | 708,847 | 479,670 | 448,791 | 336,835 | 157,170 | 154,041 | 87,927 | 40,524 | 19,650 |
total shareholders funds | 994,580 | 842,626 | 708,847 | 479,670 | 448,791 | 336,835 | 157,170 | 154,041 | 87,927 | 40,524 | 19,650 |
Jan 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 4,398 | 6,317 | 6,149 | 4,111 | 3,468 | 1,980 | 1,784 | 1,285 | 954 | 169 | 169 |
Amortisation | 123 | 75 | |||||||||
Tax | |||||||||||
Stock | |||||||||||
Debtors | 115,835 | 101,837 | 204,782 | -196,738 | 205,886 | 253,068 | 121,527 | -42,725 | 47,168 | 40,561 | 13,200 |
Creditors | 230 | -1 | 1 | -85,920 | 68,885 | 17,035 | |||||
Accruals and Deferred Income | 169,885 | 74,417 | 156,359 | -81,215 | -13,360 | 59,780 | 93,569 | 11,736 | 114,565 | ||
Deferred Taxes & Provisions | |||||||||||
Cash flow from operations | |||||||||||
Investing Activities | |||||||||||
capital expenditure | |||||||||||
Change in Investments | |||||||||||
cash flow from investments | |||||||||||
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 | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | 205,758 | 105,722 | 176,753 | 146,617 | -112,241 | 76,224 | -55,038 | 60,531 | 33,648 | 51,895 | 13,498 |
overdraft | |||||||||||
change in cash | 205,758 | 105,722 | 176,753 | 146,617 | -112,241 | 76,224 | -55,038 | 60,531 | 33,648 | 51,895 | 13,498 |
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 group structure
Sphere Legal Limited has no subsidiary companies.
Ultimate parent company
SPHERE LEGAL LIMITED
08638557
Sphere Legal Limited currently has 1 director, Mrs Anjanette Pavell serving since Aug 2013.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Anjanette Pavell | 60 years | Aug 2013 | - | Director |
P&L
January 2024turnover
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 2024net assets
994.6k
+0.18%
total assets
1.6m
+0.26%
cash
703.4k
+0.41%
net assets
Total assets minus all liabilities
company number
08638557
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
August 2013
age
12
incorporated
UK
ultimate parent company
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
-
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.
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