andrew & andrew solicitors limited
andrew & andrew solicitors limited Company Information
Company Number
09568119
Next Accounts
Mar 2025
Industry
Solicitors
Shareholders
andrew david wisniewski
Group Structure
View All
Contact
Registered Address
atlantic house, 114 kingston crescent, north end, portsmouth, hampshire, PO2 8AL
Website
http://a2solicitors.co.ukandrew & andrew solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of ANDREW & ANDREW SOLICITORS LIMITED at £1.8m based on a Turnover of £3.7m and 0.49x industry multiple (adjusted for size and gross margin).
andrew & andrew solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of ANDREW & ANDREW SOLICITORS LIMITED at £1.2m based on an EBITDA of £386.7k and a 3.12x industry multiple (adjusted for size and gross margin).
andrew & andrew solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of ANDREW & ANDREW SOLICITORS LIMITED at £2.2m based on Net Assets of £1.5m and 1.51x industry multiple (adjusted for liquidity).
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Andrew & Andrew Solicitors Limited Overview
Andrew & Andrew Solicitors Limited is a live company located in portsmouth, PO2 8AL with a Companies House number of 09568119. It operates in the solicitors sector, SIC Code 69102. Founded in April 2015, it's largest shareholder is andrew david wisniewski with a 100% stake. Andrew & Andrew Solicitors Limited is a young, small sized company, Pomanda has estimated its turnover at £3.7m with low growth in recent years.
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Andrew & Andrew Solicitors Limited Health Check
Pomanda's financial health check has awarded Andrew & Andrew Solicitors 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
6 Strong
4 Regular
2 Weak
Size
annual sales of £3.7m, make it larger than the average company (£1.4m)
- Andrew & Andrew Solicitors Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.8%)
- Andrew & Andrew Solicitors Limited
6.8% - Industry AVG
Production
with a gross margin of 65.8%, this company has a comparable cost of product (65.8%)
- Andrew & Andrew Solicitors Limited
65.8% - Industry AVG
Profitability
an operating margin of 6% make it less profitable than the average company (9.1%)
- Andrew & Andrew Solicitors Limited
9.1% - Industry AVG
Employees
with 58 employees, this is above the industry average (20)
58 - Andrew & Andrew Solicitors Limited
20 - Industry AVG
Pay Structure
on an average salary of £38.1k, the company has an equivalent pay structure (£38.1k)
- Andrew & Andrew Solicitors Limited
£38.1k - Industry AVG
Efficiency
resulting in sales per employee of £64.1k, this is equally as efficient (£68.6k)
- Andrew & Andrew Solicitors Limited
£68.6k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is near the average (68 days)
- Andrew & Andrew Solicitors Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (27 days)
- Andrew & Andrew Solicitors Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (184 days)
- Andrew & Andrew Solicitors Limited
184 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 61 weeks, this is more cash available to meet short term requirements (24 weeks)
61 weeks - Andrew & Andrew Solicitors Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.8%, this is a lower level of debt than the average (53.2%)
41.8% - Andrew & Andrew Solicitors Limited
53.2% - Industry AVG
ANDREW & ANDREW SOLICITORS LIMITED financials
Andrew & Andrew Solicitors Limited's latest turnover from June 2023 is estimated at £3.7 million and the company has net assets of £1.5 million. According to their latest financial statements, Andrew & Andrew Solicitors Limited has 58 employees and maintains cash reserves of £932.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 58 | 55 | 49 | 53 | 48 | 40 | 38 | 34 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 238,960 | 255,319 | 205,703 | 229,712 | 184,408 | 179,003 | 43,354 | 45,681 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 438,960 | 555,319 | 605,703 | 729,712 | 784,408 | 879,003 | 843,354 | 945,681 |
| Stock & work in progress | 42,945 | 69,783 | 106,662 | 162,858 | 142,318 | 147,940 | 164,771 | 194,807 |
| Trade Debtors | 822,570 | 911,502 | 1,015,210 | 882,653 | 1,217,594 | 1,147,126 | 970,018 | 1,164,199 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 313,922 | 122,099 | 81,697 | 79,950 | 577,505 | 75,914 | 37,453 | 32,280 |
| Cash | 932,850 | 387,667 | 1,109,508 | 538,426 | 329,526 | 238,942 | 337,810 | 269,163 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,112,287 | 1,491,051 | 2,313,077 | 1,663,887 | 2,266,943 | 1,609,922 | 1,510,052 | 1,660,449 |
| total assets | 2,551,247 | 2,046,370 | 2,918,780 | 2,393,599 | 3,051,351 | 2,488,925 | 2,353,406 | 2,606,130 |
| Bank overdraft | 124,431 | 102,364 | 179,114 | 47,714 | 67,220 | 14,900 | 29,652 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 178,058 | 213,731 | 242,419 | 327,809 | 458,718 | 507,023 | 555,183 | 705,171 |
| 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 | 19,665 | 19,665 | 12,493 | 11,869 | 11,270 | 8,583 | 5,322 | 8,572 |
| other current liabilities | 468,266 | 270,416 | 410,321 | 605,665 | 662,279 | 670,211 | 715,951 | 934,072 |
| total current liabilities | 790,420 | 606,176 | 844,347 | 993,057 | 1,199,487 | 1,200,717 | 1,306,108 | 1,647,815 |
| loans | 196,379 | 30,983 | 430,080 | 113,055 | 140,322 | 0 | 0 | 0 |
| hp & lease commitments | 49,162 | 68,827 | 10,561 | 23,054 | 37,463 | 36,603 | 19,344 | 24,665 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 400,000 | 400,000 | 550,000 | 750,000 |
| provisions | 30,135 | 29,204 | 18,319 | 23,243 | 23,843 | 24,142 | 6,293 | 6,640 |
| total long term liabilities | 275,676 | 129,014 | 458,960 | 159,352 | 601,628 | 460,745 | 575,637 | 781,305 |
| total liabilities | 1,066,096 | 735,190 | 1,303,307 | 1,152,409 | 1,801,115 | 1,661,462 | 1,881,745 | 2,429,120 |
| net assets | 1,485,151 | 1,311,180 | 1,615,473 | 1,241,190 | 1,250,236 | 827,463 | 471,661 | 177,010 |
| total shareholders funds | 1,485,151 | 1,311,180 | 1,615,473 | 1,241,190 | 1,250,236 | 827,463 | 471,661 | 177,010 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 62,742 | 60,931 | 51,642 | 48,102 | 39,027 | 45,358 | 18,565 | 17,712 |
| Amortisation | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| Tax | ||||||||
| Stock | -26,838 | -36,879 | -56,196 | 20,540 | -5,622 | -16,831 | -30,036 | 194,807 |
| Debtors | 102,891 | -63,306 | 134,304 | -832,496 | 572,059 | 215,569 | -189,008 | 1,196,479 |
| Creditors | -35,673 | -28,688 | -85,390 | -130,909 | -48,305 | -48,160 | -149,988 | 705,171 |
| Accruals and Deferred Income | 197,850 | -139,905 | -195,344 | -56,614 | -7,932 | -45,740 | -218,121 | 934,072 |
| Deferred Taxes & Provisions | 931 | 10,885 | -4,924 | -600 | -299 | 17,849 | -347 | 6,640 |
| 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 | 165,396 | -399,097 | 317,025 | -27,267 | 140,322 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -19,665 | 65,438 | -11,869 | -13,810 | 3,547 | 20,520 | -8,571 | 33,237 |
| other long term liabilities | 0 | 0 | 0 | -400,000 | 0 | -150,000 | -200,000 | 750,000 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 545,183 | -721,841 | 571,082 | 208,900 | 90,584 | -98,868 | 68,647 | 269,163 |
| overdraft | 22,067 | -76,750 | 131,400 | -19,506 | 52,320 | -14,752 | 29,652 | 0 |
| change in cash | 523,116 | -645,091 | 439,682 | 228,406 | 38,264 | -84,116 | 38,995 | 269,163 |
andrew & andrew solicitors limited Credit Report and Business Information
Andrew & Andrew Solicitors Limited Competitor Analysis
Perform a competitor analysis for andrew & andrew solicitors limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in PO2 area or any other competitors across 12 key performance metrics.
andrew & andrew solicitors limited Ownership
ANDREW & ANDREW SOLICITORS LIMITED group structure
Andrew & Andrew Solicitors Limited has no subsidiary companies.
Ultimate parent company
ANDREW & ANDREW SOLICITORS LIMITED
09568119
andrew & andrew solicitors limited directors
Andrew & Andrew Solicitors Limited currently has 2 directors. The longest serving directors include Mr Andrew Wisniewski (Apr 2015) and Miss Emily Sims (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Wisniewski | United Kingdom | 63 years | Apr 2015 | - | Director |
| Miss Emily Sims | United Kingdom | 34 years | Apr 2021 | - | Director |
P&L
June 2023turnover
3.7m
+4%
operating profit
223.9k
0%
gross margin
65.9%
+4.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.5m
+0.13%
total assets
2.6m
+0.25%
cash
932.9k
+1.41%
net assets
Total assets minus all liabilities
andrew & andrew solicitors limited company details
company number
09568119
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
April 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
GIBSON WHITTER
auditor
-
address
atlantic house, 114 kingston crescent, north end, portsmouth, hampshire, PO2 8AL
Bank
-
Legal Advisor
-
andrew & andrew 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 andrew & andrew solicitors limited.
andrew & andrew solicitors limited Companies House Filings - See Documents
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