ne legal services limited
ne legal services limited Company Information
Company Number
09053787
Next Accounts
Feb 2025
Shareholders
richard lakey
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
15 bankside, the watermark, gateshead, NE11 9SY
ne legal services limited Estimated Valuation
Pomanda estimates the enterprise value of NE LEGAL SERVICES LIMITED at £82.1k based on a Turnover of £178.6k and 0.46x industry multiple (adjusted for size and gross margin).
ne legal services limited Estimated Valuation
Pomanda estimates the enterprise value of NE LEGAL SERVICES LIMITED at £0 based on an EBITDA of £0 and a 3.39x industry multiple (adjusted for size and gross margin).
ne legal services limited Estimated Valuation
Pomanda estimates the enterprise value of NE LEGAL SERVICES LIMITED at £1.9k based on Net Assets of £884 and 2.2x industry multiple (adjusted for liquidity).
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Ne Legal Services Limited Overview
Ne Legal Services Limited is a live company located in gateshead, NE11 9SY with a Companies House number of 09053787. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in May 2014, it's largest shareholder is richard lakey with a 100% stake. Ne Legal Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £178.6k with declining growth in recent years.
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Ne Legal Services Limited Health Check
Pomanda's financial health check has awarded Ne Legal Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £178.6k, make it smaller than the average company (£1.8m)
- Ne Legal Services Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (5.7%)
- Ne Legal Services Limited
5.7% - Industry AVG
Production
with a gross margin of 24.4%, this company has a higher cost of product (44.6%)
- Ne Legal Services Limited
44.6% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Ne Legal Services Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
1 - Ne Legal Services Limited
17 - Industry AVG
Pay Structure
on an average salary of £49.3k, the company has an equivalent pay structure (£49.3k)
- Ne Legal Services Limited
£49.3k - Industry AVG
Efficiency
resulting in sales per employee of £178.6k, this is more efficient (£117.8k)
- Ne Legal Services Limited
£117.8k - Industry AVG
Debtor Days
it gets paid by customers after 140 days, this is later than average (57 days)
- Ne Legal Services Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 188 days, this is slower than average (32 days)
- Ne Legal Services Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ne Legal Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ne Legal Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.7%, this is a higher level of debt than the average (52.7%)
98.7% - Ne Legal Services Limited
52.7% - Industry AVG
NE LEGAL SERVICES LIMITED financials
Ne Legal Services Limited's latest turnover from May 2023 is estimated at £178.6 thousand and the company has net assets of £884. According to their latest financial statements, Ne Legal Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2018 | May 2017 | May 2016 | May 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 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,482 | 1,482 | 1,482 | 1,482 | 1,482 | 1,482 | 1,482 | 1,976 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,482 | 1,482 | 1,482 | 1,482 | 1,482 | 1,482 | 1,482 | 1,976 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 68,910 | 68,910 | 68,910 | 68,910 | 68,910 | 68,910 | 68,910 | 24,224 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 68,910 | 68,910 | 68,910 | 68,910 | 68,910 | 68,910 | 68,910 | 24,224 |
| total assets | 70,392 | 70,392 | 70,392 | 70,392 | 70,392 | 70,392 | 70,392 | 26,200 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 69,508 | 69,508 | 69,508 | 69,508 | 69,508 | 69,508 | 69,508 | 25,827 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 69,508 | 69,508 | 69,508 | 69,508 | 69,508 | 69,508 | 69,508 | 25,827 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 69,508 | 69,508 | 69,508 | 69,508 | 69,508 | 69,508 | 69,508 | 25,827 |
| net assets | 884 | 884 | 884 | 884 | 884 | 884 | 884 | 373 |
| total shareholders funds | 884 | 884 | 884 | 884 | 884 | 884 | 884 | 373 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 494 | 659 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 68,910 | 0 | 0 | 44,686 | 24,224 |
| Creditors | 0 | 0 | 0 | 69,508 | 0 | 0 | 43,681 | 25,827 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ne legal services limited Credit Report and Business Information
Ne Legal Services Limited Competitor Analysis
Perform a competitor analysis for ne legal services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NE11 area or any other competitors across 12 key performance metrics.
ne legal services limited Ownership
NE LEGAL SERVICES LIMITED group structure
Ne Legal Services Limited has no subsidiary companies.
Ultimate parent company
NE LEGAL SERVICES LIMITED
09053787
ne legal services limited directors
Ne Legal Services Limited currently has 2 directors. The longest serving directors include Mr Richard Lakey (May 2014) and Mr Richard Lakey (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Lakey | 54 years | May 2014 | - | Director | |
| Mr Richard Lakey | England | 54 years | May 2014 | - | Director |
P&L
May 2023turnover
178.6k
+4%
operating profit
0
0%
gross margin
24.5%
+3.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
884
0%
total assets
70.4k
0%
cash
0
0%
net assets
Total assets minus all liabilities
ne legal services limited company details
company number
09053787
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
15 bankside, the watermark, gateshead, NE11 9SY
Bank
-
Legal Advisor
-
ne legal services 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 ne legal services limited.
ne legal services 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.
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ne legal services limited Companies House Filings - See Documents
| date | description | view/download |
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