
Company Number
09161782
Next Accounts
May 2025
Shareholders
zubair ahmed awan
muhammad ibrahim leghari
View AllGroup Structure
View All
Industry
Solicitors
Registered Address
the old post office, old post office lane, maidenhead, SL6 1QY
Website
mylegalsolicitors.comPomanda estimates the enterprise value of MY LEGAL LIMITED at £263.9k based on a Turnover of £576.9k and 0.46x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MY LEGAL LIMITED at £0 based on an EBITDA of £-80 and a 2.79x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MY LEGAL LIMITED at £1.8k based on Net Assets of £1k and 1.74x industry multiple (adjusted for liquidity).
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My Legal Limited is a live company located in maidenhead, SL6 1QY with a Companies House number of 09161782. It operates in the solicitors sector, SIC Code 69102. Founded in August 2014, it's largest shareholder is zubair ahmed awan with a 50% stake. My Legal Limited is a established, small sized company, Pomanda has estimated its turnover at £576.9k with healthy growth in recent years.
Pomanda's financial health check has awarded My Legal Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £576.9k, make it smaller than the average company (£1.2m)
- My Legal Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.4%)
- My Legal Limited
6.4% - Industry AVG
Production
with a gross margin of 40.1%, this company has a higher cost of product (69.9%)
- My Legal Limited
69.9% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (8%)
- My Legal Limited
8% - Industry AVG
Employees
with 6 employees, this is below the industry average (15)
6 - My Legal Limited
15 - Industry AVG
Pay Structure
on an average salary of £38.8k, the company has an equivalent pay structure (£38.8k)
- My Legal Limited
£38.8k - Industry AVG
Efficiency
resulting in sales per employee of £96.2k, this is more efficient (£70.8k)
- My Legal Limited
£70.8k - Industry AVG
Debtor Days
it gets paid by customers after 283 days, this is later than average (69 days)
- My Legal Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 487 days, this is slower than average (33 days)
- My Legal Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- My Legal Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - My Legal Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (54.8%)
99.8% - My Legal Limited
54.8% - Industry AVG
My Legal Limited's latest turnover from August 2023 is estimated at £576.9 thousand and the company has net assets of £1 thousand. According to their latest financial statements, My Legal Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 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 | 6 | 5 | 7 | 4 | 4 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 15,485 | 7,097 | 9,463 | 11,899 | 6,029 | 7,666 | 7,768 | 9,771 | |
Intangible Assets | |||||||||
Investments & Other | |||||||||
Debtors (Due After 1 year) | |||||||||
Total Fixed Assets | 15,485 | 7,097 | 9,463 | 11,899 | 6,029 | 7,666 | 7,768 | 9,771 | |
Stock & work in progress | |||||||||
Trade Debtors | 447,771 | 812,233 | 973,512 | 354,565 | 393,892 | 161,359 | 126,315 | 1,510 | |
Group Debtors | |||||||||
Misc Debtors | |||||||||
Cash | 61,516 | 17,648 | |||||||
misc current assets | |||||||||
total current assets | 447,771 | 812,233 | 973,512 | 354,565 | 393,892 | 161,359 | 126,315 | 63,026 | 17,648 |
total assets | 463,256 | 819,330 | 982,975 | 366,464 | 399,921 | 169,025 | 134,083 | 72,797 | 17,648 |
Bank overdraft | |||||||||
Bank loan | |||||||||
Trade Creditors | 462,231 | 818,225 | 982,274 | 363,530 | 347,113 | 109,549 | 83,605 | 14,427 | 9,822 |
Group/Directors Accounts | |||||||||
other short term finances | |||||||||
hp & lease commitments | |||||||||
other current liabilities | |||||||||
total current liabilities | 462,231 | 818,225 | 982,274 | 363,530 | 347,113 | 109,549 | 83,605 | 14,427 | 9,822 |
loans | |||||||||
hp & lease commitments | |||||||||
Accruals and Deferred Income | |||||||||
other liabilities | 50,000 | 50,000 | |||||||
provisions | 50,000 | 50,000 | |||||||
total long term liabilities | 50,000 | 50,000 | 50,000 | 50,000 | |||||
total liabilities | 462,231 | 818,225 | 982,274 | 363,530 | 397,113 | 159,549 | 133,605 | 64,427 | 9,822 |
net assets | 1,025 | 1,105 | 701 | 2,934 | 2,808 | 9,476 | 478 | 8,370 | 7,826 |
total shareholders funds | 1,025 | 1,105 | 701 | 2,934 | 2,808 | 9,476 | 478 | 8,370 | 7,826 |
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 2,527 | ||||||||
Amortisation | |||||||||
Tax | |||||||||
Stock | |||||||||
Debtors | -364,462 | -161,279 | 618,947 | -39,327 | 232,533 | 35,044 | 124,805 | 1,510 | |
Creditors | -355,994 | -164,049 | 618,744 | 16,417 | 237,564 | 25,944 | 69,178 | 4,605 | 9,822 |
Accruals and Deferred Income | |||||||||
Deferred Taxes & Provisions | -50,000 | 50,000 | |||||||
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 | -50,000 | 50,000 | |||||||
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | -61,516 | 43,868 | 17,648 | ||||||
overdraft | |||||||||
change in cash | -61,516 | 43,868 | 17,648 |
Perform a competitor analysis for my legal limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SL6 area or any other competitors across 12 key performance metrics.
MY LEGAL LIMITED group structure
My Legal Limited has no subsidiary companies.
Ultimate parent company
MY LEGAL LIMITED
09161782
My Legal Limited currently has 3 directors. The longest serving directors include Mr Muhammad Yaqub (Aug 2014) and Mr Muhammad Leghari (Aug 2014).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Muhammad Yaqub | England | 48 years | Aug 2014 | - | Director |
Mr Muhammad Leghari | England | 50 years | Aug 2014 | - | Director |
Mr Zubair Awan | England | 45 years | Aug 2019 | - | Director |
P&L
August 2023turnover
576.9k
-35%
operating profit
-80
0%
gross margin
40.1%
-4.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
1k
-0.07%
total assets
463.3k
-0.43%
cash
0
0%
net assets
Total assets minus all liabilities
company number
09161782
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
August 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
myl limited (September 2015)
accountant
-
auditor
-
address
the old post office, old post office lane, maidenhead, SL6 1QY
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 my legal limited.
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