Pomanda estimates the enterprise value of MOVIN LEGAL LIMITED at £2.1m based on a Turnover of £2.8m and 0.78x industry multiple (adjusted for size and gross margin).
movin legal limitedEstimated Valuation
£858k
Pomanda estimates the enterprise value of MOVIN LEGAL LIMITED at £858k based on an EBITDA of £206.8k and a 4.15x industry multiple (adjusted for size and gross margin).
movin legal limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of MOVIN LEGAL LIMITED at £1.2m based on Net Assets of £634.9k and 1.94x industry multiple (adjusted for liquidity).
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Movin Legal LimitedOverview
Movin Legal Limited is a live company located in co durham, DH3 3AZ with a Companies House number of 09553169. It operates in the web portals sector, SIC Code 63120. Founded in April 2015, it's largest shareholder is
john ahmed
with a 80% stake. Movin Legal Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Movin Legal Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
2 Weak
Size
annual sales of £2.8m, make it in line with the average company (£2.5m)
£2.8m - Movin Legal Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 107%, show it is growing at a faster rate (13.1%)
107% - Movin Legal Limited
13.1% - Industry AVG
Production
with a gross margin of 62.5%, this company has a comparable cost of product (62.5%)
62.5% - Movin Legal Limited
62.5% - Industry AVG
Profitability
an operating margin of 7.5% make it more profitable than the average company (4.3%)
7.5% - Movin Legal Limited
4.3% - Industry AVG
Employees
with 12 employees, this is below the industry average (19)
12 - Movin Legal Limited
19 - Industry AVG
Pay Structure
on an average salary of £60.6k, the company has an equivalent pay structure (£60.6k)
£60.6k - Movin Legal Limited
£60.6k - Industry AVG
Efficiency
resulting in sales per employee of £229.7k, this is more efficient (£137.3k)
£229.7k - Movin Legal Limited
£137.3k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (31 days)
47 days - Movin Legal Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 109 days, this is slower than average (40 days)
109 days - Movin Legal Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Movin Legal Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 78 weeks, this is more cash available to meet short term requirements (21 weeks)
78 weeks - Movin Legal Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.5%, this is a lower level of debt than the average (64.5%)
34.5% - Movin Legal Limited
64.5% - Industry AVG
MOVIN LEGAL LIMITED financials
EXPORT
Movin Legal Limited's latest turnover from April 2024 is estimated at £2.8 million and the company has net assets of £634.9 thousand. According to their latest financial statements, Movin Legal Limited has 12 employees and maintains cash reserves of £470.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Turnover
2,756,211
2,447,471
598,745
312,056
343,165
311,373
86,883
54,520
Other Income Or Grants
Cost Of Sales
1,034,955
1,210,450
216,369
95,489
112,603
110,813
29,158
21,970
Gross Profit
1,721,255
1,237,021
382,376
216,567
230,562
200,560
57,724
32,550
Admin Expenses
1,514,446
1,138,627
208,213
-23,381
109,903
160,168
81,232
96,056
Operating Profit
206,809
98,394
174,163
239,948
120,659
40,392
-23,508
-63,506
Interest Payable
2,101
1,384
Interest Receivable
19,966
15,293
3,524
324
78
107
35
4
Pre-Tax Profit
226,775
111,587
176,302
240,272
120,737
40,499
-23,473
-63,502
Tax
-56,694
-27,897
-33,497
-45,652
-22,940
-7,695
Profit After Tax
170,081
83,690
142,805
194,620
97,797
32,804
-23,473
-63,502
Dividends Paid
Retained Profit
170,081
83,690
142,805
194,620
97,797
32,804
-23,473
-63,502
Employee Costs
726,918
433,578
328,344
229,745
196,464
198,550
47,542
45,013
Number Of Employees
12
9
7
5
4
4
1
1
EBITDA*
206,809
98,394
174,163
239,948
126,574
44,527
-19,078
-59,076
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Tangible Assets
42,125
74,269
65,335
69,765
74,195
Intangible Assets
Investments & Other
95,833
67,233
67,233
21,629
2,701
Debtors (Due After 1 year)
Total Fixed Assets
137,958
67,233
67,233
21,629
76,970
65,335
69,765
74,195
Stock & work in progress
Trade Debtors
360,679
363,901
80,674
19,269
28,750
10,254
7,888
3,290
Group Debtors
Misc Debtors
Cash
470,867
289,743
429,944
509,669
138,533
17,466
11,115
2,864
misc current assets
total current assets
831,546
653,644
510,618
528,938
167,283
27,720
19,003
6,154
total assets
969,504
720,877
577,851
550,567
244,253
93,055
88,768
80,349
Bank overdraft
Bank loan
Trade Creditors
309,996
225,038
63,460
262,221
200,527
147,126
5,368
2,960
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
92,242
170,275
140,791
total current liabilities
309,996
225,038
155,702
262,221
200,527
147,126
175,643
143,751
loans
40,998
hp & lease commitments
Accruals and Deferred Income
other liabilities
24,586
30,998
50,000
provisions
total long term liabilities
24,586
30,998
40,998
50,000
total liabilities
334,582
256,036
196,700
312,221
200,527
147,126
175,643
143,751
net assets
634,922
464,841
381,151
238,346
43,726
-54,071
-86,875
-63,402
total shareholders funds
634,922
464,841
381,151
238,346
43,726
-54,071
-86,875
-63,402
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Operating Activities
Operating Profit
206,809
98,394
174,163
239,948
120,659
40,392
-23,508
-63,506
Depreciation
5,915
4,135
4,430
4,430
Amortisation
Tax
-56,694
-27,897
-33,497
-45,652
-22,940
-7,695
Stock
Debtors
-3,222
283,227
61,405
-9,481
18,496
2,366
4,598
3,290
Creditors
84,958
161,578
-198,761
61,694
53,401
141,758
2,408
2,960
Accruals and Deferred Income
-92,242
92,242
-170,275
29,484
140,791
Deferred Taxes & Provisions
Cash flow from operations
238,295
-143,394
-27,258
265,471
138,539
5,949
8,216
81,385
Investing Activities
capital expenditure
-42,125
74,269
-14,849
295
-78,625
Change in Investments
28,600
45,604
18,928
2,701
cash flow from investments
-70,725
-45,604
55,341
-17,550
295
-78,625
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-40,998
40,998
Hire Purchase and Lease Commitments
other long term liabilities
-6,412
30,998
-50,000
50,000
share issue
100
interest
19,966
13,192
2,140
324
78
107
35
4
cash flow from financing
13,554
3,192
-6,862
50,324
78
107
35
104
cash and cash equivalents
cash
181,124
-140,201
-79,725
371,136
121,067
6,351
8,251
2,864
overdraft
change in cash
181,124
-140,201
-79,725
371,136
121,067
6,351
8,251
2,864
movin legal limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for movin legal limited. Get real-time insights into movin legal limited's credit score, group structure and payment trends.
Perform a competitor analysis for movin legal limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in DH3 area or any other competitors across 12 key performance metrics.
movin legal limited Ownership
MOVIN LEGAL LIMITED group structure
Movin Legal Limited has no subsidiary companies.
Ultimate parent company
MOVIN LEGAL LIMITED
09553169
MOVIN LEGAL LIMITED Shareholders
The largest shareholders in Movin Legal Limited include John Ahmed and Lyndon Whistone.
john ahmed
80%
lyndon whistone
10%
sean kelly
10%
movin legal limited directors
Movin Legal Limited currently has 3 directors.
The longest serving directors include
Mr John Ahmed (Jan 2018) and
Mr Lyndon Whistance (Oct 2019).
182 front street, chester le street, co durham, DH3 3AZ
Bank
-
Legal Advisor
-
movin legal 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 movin legal limited.
movin legal limited Capital Raised & Share Issues BETA
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movin legal limitedCompanies House Filings - See Documents
