aequitas legal solicitors limited
aequitas legal solicitors limited Company Information
Company Number
08884940
Next Accounts
Dec 2024
Industry
Solicitors
Directors
Shareholders
sucheet rashmikant amin
Group Structure
View All
Contact
Registered Address
floor 11 trafford house, chester road, manchester, greater manchester, M32 0RS
Website
www.aequitaslegal.co.ukaequitas legal solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of AEQUITAS LEGAL SOLICITORS LIMITED at £1.7m based on a Turnover of £3.5m and 0.49x industry multiple (adjusted for size and gross margin).
aequitas legal solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of AEQUITAS LEGAL SOLICITORS LIMITED at £1.2m based on an EBITDA of £371.9k and a 3.14x industry multiple (adjusted for size and gross margin).
aequitas legal solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of AEQUITAS LEGAL SOLICITORS LIMITED at £0 based on Net Assets of £-425.5k and 1.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Aequitas Legal Solicitors Limited Overview
Aequitas Legal Solicitors Limited is a live company located in manchester, M32 0RS with a Companies House number of 08884940. It operates in the solicitors sector, SIC Code 69102. Founded in February 2014, it's largest shareholder is sucheet rashmikant amin with a 100% stake. Aequitas Legal Solicitors Limited is a established, small sized company, Pomanda has estimated its turnover at £3.5m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Aequitas Legal Solicitors Limited Health Check
Pomanda's financial health check has awarded Aequitas Legal Solicitors 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £3.5m, make it larger than the average company (£1.1m)
- Aequitas Legal Solicitors Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (6.1%)
- Aequitas Legal Solicitors Limited
6.1% - Industry AVG
Production
with a gross margin of 67.1%, this company has a comparable cost of product (67.1%)
- Aequitas Legal Solicitors Limited
67.1% - Industry AVG
Profitability
an operating margin of 7.7% make it less profitable than the average company (10.1%)
- Aequitas Legal Solicitors Limited
10.1% - Industry AVG
Employees
with 11 employees, this is below the industry average (19)
11 - Aequitas Legal Solicitors Limited
19 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Aequitas Legal Solicitors Limited
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £322.5k, this is more efficient (£63k)
- Aequitas Legal Solicitors Limited
£63k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (57 days)
- Aequitas Legal Solicitors Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 317 days, this is slower than average (31 days)
- Aequitas Legal Solicitors Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Aequitas Legal Solicitors Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (32 weeks)
0 weeks - Aequitas Legal Solicitors Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 127.3%, this is a higher level of debt than the average (47.4%)
127.3% - Aequitas Legal Solicitors Limited
47.4% - Industry AVG
AEQUITAS LEGAL SOLICITORS LIMITED financials
Aequitas Legal Solicitors Limited's latest turnover from March 2023 is estimated at £3.5 million and the company has net assets of -£425.5 thousand. According to their latest financial statements, Aequitas Legal Solicitors Limited has 11 employees and maintains cash reserves of £125 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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 11 | 15 | 17 | 20 | 20 | 18 | 15 | 14 | |
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,074 | 37 | 1,161 | 7,780 | 15,297 | 28,748 | 18,925 | 32,642 | 40,983 |
| Intangible Assets | 100,000 | 200,000 | 300,000 | 400,000 | 500,000 | 600,000 | 700,000 | 800,000 | 900,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 101,074 | 200,037 | 301,161 | 407,780 | 515,297 | 628,748 | 718,925 | 832,642 | 940,983 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,232,661 | 1,371,285 | 1,315,278 | 1,382,450 | 1,348,933 | 1,282,556 | 908,621 | 931,521 | 848,990 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 226,707 | 149,300 | 116,068 | 241,323 | 250,376 | 210,848 | 303,682 | 298,208 | 0 |
| Cash | 125 | 40,025 | 265,068 | 16 | 32 | 59 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,459,493 | 1,560,610 | 1,696,414 | 1,623,789 | 1,599,341 | 1,493,463 | 1,212,303 | 1,229,729 | 848,990 |
| total assets | 1,560,567 | 1,760,647 | 1,997,575 | 2,031,569 | 2,114,638 | 2,122,211 | 1,931,228 | 2,062,371 | 1,789,973 |
| Bank overdraft | 336,999 | 471,471 | 424,901 | 247,574 | 301,591 | 607,721 | 466,633 | 441,355 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,015,523 | 1,165,367 | 1,149,953 | 1,261,510 | 1,269,559 | 1,203,551 | 795,159 | 862,571 | 924,590 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 117,003 | 64,090 | 101,586 | 90,997 | 129,408 | 95,885 | 54,276 | 57,415 | 0 |
| total current liabilities | 1,469,525 | 1,700,928 | 1,676,440 | 1,600,081 | 1,700,558 | 1,907,157 | 1,316,068 | 1,361,341 | 924,590 |
| loans | 244,445 | 340,000 | 374,937 | 0 | 22,062 | 0 | 0 | 687,485 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 272,065 | 308,248 | 351,010 | 466,163 | 642,927 | 562,978 | 695,193 | 103,380 | 898,438 |
| provisions | 7 | 0 | 0 | 0 | 0 | 0 | 369 | 0 | 7,368 |
| total long term liabilities | 516,517 | 648,248 | 725,947 | 466,163 | 664,989 | 562,978 | 695,562 | 790,865 | 905,806 |
| total liabilities | 1,986,042 | 2,349,176 | 2,402,387 | 2,066,244 | 2,365,547 | 2,470,135 | 2,011,630 | 2,152,206 | 1,830,396 |
| net assets | -425,475 | -588,529 | -404,812 | -34,675 | -250,909 | -347,924 | -80,402 | -89,835 | -40,423 |
| total shareholders funds | -425,475 | -588,529 | -404,812 | -34,675 | -250,909 | -347,924 | -80,402 | -89,835 | -40,423 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 68 | 1,124 | 6,619 | 9,434 | 15,759 | 17,333 | 18,346 | 14,182 | 12,266 |
| Amortisation | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -61,217 | 89,239 | -192,427 | 24,464 | 105,905 | 281,101 | -17,426 | 380,739 | 848,990 |
| Creditors | -149,844 | 15,414 | -111,557 | -8,049 | 66,008 | 408,392 | -67,412 | -62,019 | 924,590 |
| Accruals and Deferred Income | 52,913 | -37,496 | 10,589 | -38,411 | 33,523 | 41,609 | -3,139 | 57,415 | 0 |
| Deferred Taxes & Provisions | 7 | 0 | 0 | 0 | 0 | -369 | 369 | -7,368 | 7,368 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -95,555 | -34,937 | 374,937 | -22,062 | 22,062 | 0 | -687,485 | 687,485 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -36,183 | -42,762 | -115,153 | -176,764 | 79,949 | -132,215 | 591,813 | -795,058 | 898,438 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -39,900 | -225,043 | 265,052 | -16 | -27 | 59 | 0 | 0 | 0 |
| overdraft | -134,472 | 46,570 | 177,327 | -54,017 | -306,130 | 141,088 | 25,278 | 441,355 | 0 |
| change in cash | 94,572 | -271,613 | 87,725 | 54,001 | 306,103 | -141,029 | -25,278 | -441,355 | 0 |
aequitas legal solicitors limited Credit Report and Business Information
Aequitas Legal Solicitors Limited Competitor Analysis
Perform a competitor analysis for aequitas legal solicitors limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in M32 area or any other competitors across 12 key performance metrics.
aequitas legal solicitors limited Ownership
AEQUITAS LEGAL SOLICITORS LIMITED group structure
Aequitas Legal Solicitors Limited has no subsidiary companies.
Ultimate parent company
AEQUITAS LEGAL SOLICITORS LIMITED
08884940
aequitas legal solicitors limited directors
Aequitas Legal Solicitors Limited currently has 1 director, Mr Sucheet Amin serving since Feb 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sucheet Amin | England | 48 years | Feb 2014 | - | Director |
P&L
March 2023turnover
3.5m
-4%
operating profit
271.8k
0%
gross margin
67.2%
+5.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-425.5k
-0.28%
total assets
1.6m
-0.11%
cash
125
-1%
net assets
Total assets minus all liabilities
aequitas legal solicitors limited company details
company number
08884940
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
February 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
SIMPSON BURGESS NASH LIMITED
auditor
-
address
floor 11 trafford house, chester road, manchester, greater manchester, M32 0RS
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
aequitas legal solicitors 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 aequitas legal solicitors limited.
aequitas legal solicitors limited Companies House Filings - See Documents
| date | description | view/download |
|---|
