mjhlegal limited
mjhlegal limited Company Information
Company Number
09034496
Website
-Registered Address
1st floor 110 station road, north chingford, london, E4 6AB
Industry
Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
michael john harris 70%
karen melina harris 20%
View Allmjhlegal limited Estimated Valuation
Pomanda estimates the enterprise value of MJHLEGAL LIMITED at £470.2k based on a Turnover of £798.4k and 0.59x industry multiple (adjusted for size and gross margin).
mjhlegal limited Estimated Valuation
Pomanda estimates the enterprise value of MJHLEGAL LIMITED at £825.6k based on an EBITDA of £249.2k and a 3.31x industry multiple (adjusted for size and gross margin).
mjhlegal limited Estimated Valuation
Pomanda estimates the enterprise value of MJHLEGAL LIMITED at £1.1m based on Net Assets of £639.6k and 1.68x industry multiple (adjusted for liquidity).
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Mjhlegal Limited Overview
Mjhlegal Limited is a live company located in london, E4 6AB with a Companies House number of 09034496. It operates in the activities of patent and copyright agents sector, SIC Code 69109. Founded in May 2014, it's largest shareholder is michael john harris with a 70% stake. Mjhlegal Limited is a established, small sized company, Pomanda has estimated its turnover at £798.4k with declining growth in recent years.
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Mjhlegal Limited Health Check
Pomanda's financial health check has awarded Mjhlegal Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £798.4k, make it larger than the average company (£419k)
- Mjhlegal Limited
£419k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (8.8%)
- Mjhlegal Limited
8.8% - Industry AVG
Production
with a gross margin of 39.6%, this company has a higher cost of product (68.4%)
- Mjhlegal Limited
68.4% - Industry AVG
Profitability
an operating margin of 31.2% make it more profitable than the average company (16.5%)
- Mjhlegal Limited
16.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Mjhlegal Limited
6 - Industry AVG
Pay Structure
on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)
- Mjhlegal Limited
£31.5k - Industry AVG
Efficiency
resulting in sales per employee of £399.2k, this is more efficient (£76.4k)
- Mjhlegal Limited
£76.4k - Industry AVG
Debtor Days
it gets paid by customers after 259 days, this is later than average (43 days)
- Mjhlegal Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (37 days)
- Mjhlegal Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mjhlegal Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mjhlegal Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.8%, this is a lower level of debt than the average (48.9%)
11.8% - Mjhlegal Limited
48.9% - Industry AVG
MJHLEGAL LIMITED financials
Mjhlegal Limited's latest turnover from March 2023 is estimated at £798.4 thousand and the company has net assets of £639.6 thousand. According to their latest financial statements, Mjhlegal Limited has 2 employees and maintains cash reserves of 0 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 | 324,503 | 141,133 | |||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | 269,693 | 128,214 | |||||||
| Interest Payable | 0 | ||||||||
| Interest Receivable | 0 | 0 | |||||||
| Pre-Tax Profit | 269,693 | 128,214 | |||||||
| Tax | -53,951 | -25,282 | |||||||
| Profit After Tax | 215,742 | 102,932 | |||||||
| Dividends Paid | 122,500 | 42,600 | |||||||
| Retained Profit | 93,242 | 60,332 | |||||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 3 | 3 | 3 | 2 | 1 | |||
| EBITDA* | 270,521 | 128,610 |
* 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 | 156,302 | 159,204 | 156,974 | 5,414 | 3,890 | 4,034 | 3,254 | 3,311 | 1,977 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 156,302 | 159,204 | 156,974 | 5,414 | 3,890 | 4,034 | 3,254 | 3,311 | 1,977 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 568,454 | 290,825 | 422,584 | 650,178 | 642,760 | 498,287 | 368,376 | 60,448 | 52,645 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,291 | 215 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 146,959 | 35,118 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 568,454 | 290,825 | 422,584 | 650,178 | 642,760 | 498,287 | 368,376 | 213,698 | 87,978 |
| total assets | 724,756 | 450,029 | 579,558 | 655,592 | 646,650 | 502,321 | 371,630 | 217,009 | 89,955 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 85,138 | 12,224 | 27,582 | 61,379 | 80,169 | 74,445 | 70,564 | 5,360 | 2,341 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 231 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 57,834 | 27,281 |
| total current liabilities | 85,138 | 12,224 | 27,582 | 61,379 | 80,169 | 74,445 | 70,564 | 63,425 | 29,622 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 85,138 | 12,224 | 27,582 | 61,379 | 80,169 | 74,445 | 70,564 | 63,425 | 29,622 |
| net assets | 639,618 | 437,805 | 551,976 | 594,213 | 566,481 | 427,876 | 301,066 | 153,584 | 60,333 |
| total shareholders funds | 639,618 | 437,805 | 551,976 | 594,213 | 566,481 | 427,876 | 301,066 | 153,584 | 60,333 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 269,693 | 128,214 | |||||||
| Depreciation | 828 | 396 | |||||||
| Amortisation | 0 | 0 | |||||||
| Tax | -53,951 | -25,282 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 277,629 | -131,759 | -227,594 | 7,418 | 144,473 | 129,911 | 301,637 | 13,879 | 52,860 |
| Creditors | 72,914 | -15,358 | -33,797 | -18,790 | 5,724 | 3,881 | 65,204 | 3,019 | 2,341 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -57,834 | 30,553 | 27,281 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 236,263 | 80,090 | |||||||
| 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 | -231 | 231 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | ||||||||
| cash flow from financing | 1 | ||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -146,959 | 111,841 | 35,118 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -146,959 | 111,841 | 35,118 |
mjhlegal limited Credit Report and Business Information
Mjhlegal Limited Competitor Analysis
Perform a competitor analysis for mjhlegal limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mjhlegal limited Ownership
MJHLEGAL LIMITED group structure
Mjhlegal Limited has no subsidiary companies.
Ultimate parent company
MJHLEGAL LIMITED
09034496
mjhlegal limited directors
Mjhlegal Limited currently has 2 directors. The longest serving directors include Mr Michael Harris (May 2014) and Ms Karen Harris (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Harris | United Kingdom | 75 years | May 2014 | - | Director |
| Ms Karen Harris | 57 years | Apr 2016 | - | Director |
P&L
March 2023turnover
798.4k
+60%
operating profit
249.2k
0%
gross margin
39.6%
+26.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
639.6k
+0.46%
total assets
724.8k
+0.61%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mjhlegal limited company details
company number
09034496
Type
Private limited with Share Capital
industry
69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
incorporation date
May 2014
age
10
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
1st floor 110 station road, north chingford, london, E4 6AB
last accounts submitted
March 2023
mjhlegal 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 mjhlegal limited.
mjhlegal limited Companies House Filings - See Documents
| date | description | view/download |
|---|
