ethical legal services ltd
ethical legal services ltd Company Information
Company Number
08649926
Website
https://www.ageuk.org.ukRegistered Address
10 napier court, barton lane, abingdon, oxon, OX14 3YT
Industry
Social work activities without accommodation for the elderly and disabled
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
age uk oxfordshire 100%
ethical legal services ltd Estimated Valuation
Pomanda estimates the enterprise value of ETHICAL LEGAL SERVICES LTD at £397k based on a Turnover of £605.5k and 0.66x industry multiple (adjusted for size and gross margin).
ethical legal services ltd Estimated Valuation
Pomanda estimates the enterprise value of ETHICAL LEGAL SERVICES LTD at £0 based on an EBITDA of £-34.3k and a 4.91x industry multiple (adjusted for size and gross margin).
ethical legal services ltd Estimated Valuation
Pomanda estimates the enterprise value of ETHICAL LEGAL SERVICES LTD at £0 based on Net Assets of £-140.6k and 3.12x industry multiple (adjusted for liquidity).
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Ethical Legal Services Ltd Overview
Ethical Legal Services Ltd is a live company located in abingdon, OX14 3YT with a Companies House number of 08649926. It operates in the social work activities without accommodation for the elderly and disabled sector, SIC Code 88100. Founded in August 2013, it's largest shareholder is age uk oxfordshire with a 100% stake. Ethical Legal Services Ltd is a established, small sized company, Pomanda has estimated its turnover at £605.5k with healthy growth in recent years.
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Ethical Legal Services Ltd Health Check
Pomanda's financial health check has awarded Ethical Legal Services Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £605.5k, make it larger than the average company (£500k)
£605.5k - Ethical Legal Services Ltd
£500k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (2.6%)
6% - Ethical Legal Services Ltd
2.6% - Industry AVG
Production
with a gross margin of 98.9%, this company has a lower cost of product (31.1%)
98.9% - Ethical Legal Services Ltd
31.1% - Industry AVG
Profitability
an operating margin of -6.1% make it less profitable than the average company (2.3%)
-6.1% - Ethical Legal Services Ltd
2.3% - Industry AVG
Employees
with 18 employees, this is similar to the industry average (17)
18 - Ethical Legal Services Ltd
17 - Industry AVG
Pay Structure
on an average salary of £19.8k, the company has an equivalent pay structure (£19.8k)
- Ethical Legal Services Ltd
£19.8k - Industry AVG
Efficiency
resulting in sales per employee of £33.6k, this is more efficient (£28.9k)
£33.6k - Ethical Legal Services Ltd
£28.9k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is near the average (19 days)
23 days - Ethical Legal Services Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (7 days)
95 days - Ethical Legal Services Ltd
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ethical Legal Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (233 weeks)
1 weeks - Ethical Legal Services Ltd
233 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 320.8%, this is a higher level of debt than the average (12.8%)
320.8% - Ethical Legal Services Ltd
12.8% - Industry AVG
ETHICAL LEGAL SERVICES LTD financials
Ethical Legal Services Ltd's latest turnover from March 2023 is £605.5 thousand and the company has net assets of -£140.6 thousand. According to their latest financial statements, Ethical Legal Services Ltd has 18 employees and maintains cash reserves of £6.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 605,538 | 586,753 | 482,706 | 515,086 | 370,179 | 319,462 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 6,643 | 7,981 | 6,044 | 4,781 | 5,583 | 4,453 | ||||
| Gross Profit | 598,895 | 578,772 | 476,662 | 510,305 | 364,596 | 315,009 | ||||
| Admin Expenses | 635,880 | 555,574 | 471,611 | 475,828 | 397,760 | 291,512 | ||||
| Operating Profit | -36,985 | 23,198 | 5,051 | 34,477 | -33,164 | 23,497 | ||||
| Interest Payable | 2,740 | 0 | 232 | 1,450 | 4,056 | 4,056 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 73 | |||||
| Pre-Tax Profit | -39,725 | 23,198 | 4,819 | 33,027 | -37,147 | 19,441 | ||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Profit After Tax | -39,725 | 23,198 | 4,819 | 33,027 | -37,147 | 19,441 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | -39,725 | 23,198 | 4,819 | 33,027 | -37,147 | 19,441 | ||||
| Employee Costs | ||||||||||
| Number Of Employees | 18 | 15 | 14 | 12 | 9 | 8 | 6 | |||
| EBITDA* | -34,271 | 25,474 | 7,344 | 36,543 | -31,866 | 24,627 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,580 | 9,821 | 8,556 | 7,678 | 6,388 | 4,285 | 1,815 | 3,577 | 3,889 | 374 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,580 | 9,821 | 8,556 | 7,678 | 6,388 | 4,285 | 1,815 | 3,577 | 3,889 | 374 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 38,830 | 103,435 | 27,906 | 26,256 | 109,385 | 81,798 | 14,487 | 19,897 | 10,131 | 6,553 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,541 | 5,337 | 3,484 | 2,421 | 2,871 | 2,960 | 3,787 | 6,695 | 0 | 0 |
| Cash | 6,726 | 9,345 | 25,265 | 23,474 | 8,503 | 8,972 | 51,184 | 64,180 | 59,202 | 14,173 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 53,097 | 118,117 | 56,655 | 52,151 | 120,759 | 93,730 | 69,458 | 90,772 | 69,333 | 20,726 |
| total assets | 63,677 | 127,938 | 65,211 | 59,829 | 127,147 | 98,015 | 71,273 | 94,349 | 73,222 | 21,100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,733 | 9,146 | 2,508 | 2,292 | 42,136 | 14,401 | 5,913 | 2,631 | 82,016 | 6,803 |
| Group/Directors Accounts | 132,998 | 86,482 | 107,932 | 131,132 | 205,602 | 127,882 | 129,396 | 100,214 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 69,565 | 133,204 | 78,863 | 55,316 | 41,347 | 80,523 | 80,196 | 80,813 | 0 | 0 |
| total current liabilities | 204,296 | 228,832 | 189,303 | 188,740 | 289,085 | 222,806 | 215,505 | 183,658 | 82,016 | 6,803 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,214 | 59,714 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,214 | 59,714 |
| total liabilities | 204,296 | 228,832 | 189,303 | 188,740 | 289,085 | 222,806 | 215,505 | 183,658 | 182,230 | 66,517 |
| net assets | -140,619 | -100,894 | -124,092 | -128,911 | -161,938 | -124,791 | -144,232 | -89,309 | -109,008 | -45,417 |
| total shareholders funds | -140,619 | -100,894 | -124,092 | -128,911 | -161,938 | -124,791 | -144,232 | -89,309 | -109,008 | -45,417 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -36,985 | 23,198 | 5,051 | 34,477 | -33,164 | 23,497 | ||||
| Depreciation | 2,714 | 2,276 | 2,293 | 2,066 | 1,298 | 1,130 | 2,095 | 1,865 | 54 | 54 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -62,401 | 77,382 | 2,713 | -83,579 | 27,498 | 66,484 | -8,318 | 16,461 | 3,578 | 6,553 |
| Creditors | -7,413 | 6,638 | 216 | -39,844 | 27,735 | 8,488 | 3,282 | -79,385 | 75,213 | 6,803 |
| Accruals and Deferred Income | -63,639 | 54,341 | 23,547 | 13,969 | -39,176 | 327 | -617 | 80,813 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -42,922 | 9,071 | 28,394 | 94,247 | -70,805 | -33,042 | ||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 46,516 | -21,450 | -23,200 | -74,470 | 77,720 | -1,514 | 29,182 | 100,214 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100,214 | 40,500 | 59,714 |
| share issue | ||||||||||
| interest | -2,740 | 0 | -232 | -1,450 | -3,983 | |||||
| cash flow from financing | 43,776 | -21,450 | -23,432 | -75,920 | 73,737 | |||||
| cash and cash equivalents | ||||||||||
| cash | -2,619 | -15,920 | 1,791 | 14,971 | -469 | -42,212 | -12,996 | 4,978 | 45,029 | 14,173 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,619 | -15,920 | 1,791 | 14,971 | -469 | -42,212 | -12,996 | 4,978 | 45,029 | 14,173 |
ethical legal services ltd Credit Report and Business Information
Ethical Legal Services Ltd Competitor Analysis
Perform a competitor analysis for ethical legal services ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in OX14 area or any other competitors across 12 key performance metrics.
ethical legal services ltd Ownership
ETHICAL LEGAL SERVICES LTD group structure
Ethical Legal Services Ltd has no subsidiary companies.
ethical legal services ltd directors
Ethical Legal Services Ltd currently has 5 directors. The longest serving directors include Mr Daniel Harbour (Aug 2013) and Mr Stephen Appleton (Dec 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Harbour | England | 43 years | Aug 2013 | - | Director |
| Mr Stephen Appleton | United Kingdom | 53 years | Dec 2013 | - | Director |
| Mr Nigel Gowing | England | 67 years | May 2016 | - | Director |
| Mr Niven Greenhalf | England | 73 years | Mar 2017 | - | Director |
| Ms Donna Schell | England | 64 years | Nov 2017 | - | Director |
P&L
March 2023turnover
605.5k
+3%
operating profit
-37k
-259%
gross margin
99%
+0.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-140.6k
+0.39%
total assets
63.7k
-0.5%
cash
6.7k
-0.28%
net assets
Total assets minus all liabilities
ethical legal services ltd company details
company number
08649926
Type
Private limited with Share Capital
industry
88100 - Social work activities without accommodation for the elderly and disabled
incorporation date
August 2013
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
age uk oxfordshire ethical legal services ltd (January 2014)
accountant
-
auditor
SHAW GIBBS (AUDIT) LIMITED
address
10 napier court, barton lane, abingdon, oxon, OX14 3YT
Bank
-
Legal Advisor
-
ethical legal services ltd 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 ethical legal services ltd.
ethical legal services ltd Companies House Filings - See Documents
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