greater manchester law centre
greater manchester law centre Company Information
Company Number
09698401
Next Accounts
20 days late
Industry
Solicitors
Shareholders
-
Group Structure
View All
Contact
Registered Address
667-669 stockport road, longsight, manchester, M12 4QE
Website
http://www.gmlaw.org.ukgreater manchester law centre Estimated Valuation
Pomanda estimates the enterprise value of GREATER MANCHESTER LAW CENTRE at £244.8k based on a Turnover of £403.8k and 0.61x industry multiple (adjusted for size and gross margin).
greater manchester law centre Estimated Valuation
Pomanda estimates the enterprise value of GREATER MANCHESTER LAW CENTRE at £0 based on an EBITDA of £-20.3k and a 3.3x industry multiple (adjusted for size and gross margin).
greater manchester law centre Estimated Valuation
Pomanda estimates the enterprise value of GREATER MANCHESTER LAW CENTRE at £307.6k based on Net Assets of £197.5k and 1.56x industry multiple (adjusted for liquidity).
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Greater Manchester Law Centre Overview
Greater Manchester Law Centre is a live company located in manchester, M12 4QE with a Companies House number of 09698401. It operates in the solicitors sector, SIC Code 69102. Founded in July 2015, it's largest shareholder is unknown. Greater Manchester Law Centre is a established, micro sized company, Pomanda has estimated its turnover at £403.8k with high growth in recent years.
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Greater Manchester Law Centre Health Check
Pomanda's financial health check has awarded Greater Manchester Law Centre a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £403.8k, make it smaller than the average company (£1.1m)
£403.8k - Greater Manchester Law Centre
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (5.9%)
24% - Greater Manchester Law Centre
5.9% - Industry AVG
Production
with a gross margin of 72.5%, this company has a comparable cost of product (72.5%)
72.5% - Greater Manchester Law Centre
72.5% - Industry AVG
Profitability
an operating margin of -6% make it less profitable than the average company (9.1%)
-6% - Greater Manchester Law Centre
9.1% - Industry AVG
Employees
with 14 employees, this is similar to the industry average (15)
14 - Greater Manchester Law Centre
15 - Industry AVG
Pay Structure
on an average salary of £24.6k, the company has a lower pay structure (£36.5k)
£24.6k - Greater Manchester Law Centre
£36.5k - Industry AVG
Efficiency
resulting in sales per employee of £28.8k, this is less efficient (£65.7k)
£28.8k - Greater Manchester Law Centre
£65.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Greater Manchester Law Centre
- - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (31 days)
11 days - Greater Manchester Law Centre
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Greater Manchester Law Centre
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 66 weeks, this is more cash available to meet short term requirements (28 weeks)
66 weeks - Greater Manchester Law Centre
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45%, this is a similar level of debt than the average (47.4%)
45% - Greater Manchester Law Centre
47.4% - Industry AVG
GREATER MANCHESTER LAW CENTRE financials
Greater Manchester Law Centre's latest turnover from March 2023 is £403.8 thousand and the company has net assets of £197.5 thousand. According to their latest financial statements, Greater Manchester Law Centre has 14 employees and maintains cash reserves of £205.4 thousand 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 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 403,790 | 394,241 | 443,008 | 214,231 | 217,295 | 173,005 | 109,229 | 7,153 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -14,928 | -4,226 | 115,639 | 727 | -8,055 | 37,751 | 65,258 | 5,376 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -14,928 | -4,226 | 115,639 | 727 | -8,055 | 37,751 | 65,258 | 5,376 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -14,928 | -4,226 | 115,639 | 727 | -8,055 | 37,751 | 65,258 | 5,376 |
| Employee Costs | 343,967 | 312,104 | 237,174 | 134,297 | 137,154 | 82,522 | 8,831 | 0 |
| Number Of Employees | 14 | 13 | 10 | 7 | 7 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,048 | 4,886 | 7,176 | 7,285 | 2,671 | 3,908 | 4,445 | 0 |
| 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 | 6,048 | 4,886 | 7,176 | 7,285 | 2,671 | 3,908 | 4,445 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 9,561 | 0 | 9,250 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 147,665 | 85,584 | 40,943 | 8,353 | 13,582 | 4,835 | 1,509 | 0 |
| Cash | 205,382 | 241,310 | 242,622 | 154,307 | 125,945 | 122,872 | 89,670 | 6,164 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 353,047 | 326,894 | 283,565 | 162,660 | 149,088 | 137,196 | 100,429 | 6,164 |
| total assets | 359,095 | 331,780 | 290,741 | 169,945 | 151,759 | 141,104 | 104,874 | 6,164 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,587 | 4,391 | 24,529 | 5,472 | 1,493 | 0 | 0 | 0 |
| 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 | 157,966 | 114,919 | 49,516 | 63,416 | 49,936 | 32,719 | 34,240 | 788 |
| total current liabilities | 161,553 | 119,310 | 74,045 | 68,888 | 51,429 | 32,719 | 34,240 | 788 |
| 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 | 161,553 | 119,310 | 74,045 | 68,888 | 51,429 | 32,719 | 34,240 | 788 |
| net assets | 197,542 | 212,470 | 216,696 | 101,057 | 100,330 | 108,385 | 70,634 | 5,376 |
| total shareholders funds | 197,542 | 212,470 | 216,696 | 101,057 | 100,330 | 108,385 | 70,634 | 5,376 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 4,071 | 3,626 | 4,268 | 1,987 | 2,377 | 1,997 | 1,601 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 62,081 | 44,641 | 32,590 | -14,790 | 8,819 | 3,565 | 10,759 | 0 |
| Creditors | -804 | -20,138 | 19,057 | 3,979 | 1,493 | 0 | 0 | 0 |
| Accruals and Deferred Income | 43,047 | 65,403 | -13,900 | 13,480 | 17,217 | -1,521 | 33,452 | 788 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -1,140 | -1,460 | -6,046 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -1,140 | -1,460 | -6,046 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash and cash equivalents | ||||||||
| cash | -35,928 | -1,312 | 88,315 | 28,362 | 3,073 | 33,202 | 83,506 | 6,164 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -35,928 | -1,312 | 88,315 | 28,362 | 3,073 | 33,202 | 83,506 | 6,164 |
greater manchester law centre Credit Report and Business Information
Greater Manchester Law Centre Competitor Analysis
Perform a competitor analysis for greater manchester law centre by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M12 area or any other competitors across 12 key performance metrics.
greater manchester law centre Ownership
GREATER MANCHESTER LAW CENTRE group structure
Greater Manchester Law Centre has no subsidiary companies.
Ultimate parent company
GREATER MANCHESTER LAW CENTRE
09698401
greater manchester law centre directors
Greater Manchester Law Centre currently has 11 directors. The longest serving directors include Sukhdeep Singh (Jul 2015) and Ms Denise McDowell (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Sukhdeep Singh | United Kingdom | 68 years | Jul 2015 | - | Director |
| Ms Denise McDowell | 63 years | Jul 2015 | - | Director | |
| Mr Kevin Allsop | England | 61 years | Sep 2017 | - | Director |
| Ms Aisha Khan | England | 54 years | Sep 2017 | - | Director |
| Mr Giles Elliott | United Kingdom | 60 years | Sep 2017 | - | Director |
| Mr Craig Holmes | England | 36 years | Sep 2018 | - | Director |
| Mr Andrew Walsh | England | 62 years | Sep 2018 | - | Director |
| Miss Ciara Bartlam | England | 36 years | Nov 2020 | - | Director |
| Mr Lamin Touray | England | 28 years | Nov 2020 | - | Director |
| Mr Ben Clay | England | 48 years | Nov 2020 | - | Director |
P&L
March 2023turnover
403.8k
+2%
operating profit
-24.4k
0%
gross margin
72.5%
+8.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
197.5k
-0.07%
total assets
359.1k
+0.08%
cash
205.4k
-0.15%
net assets
Total assets minus all liabilities
greater manchester law centre company details
company number
09698401
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
69102 - Solicitors
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
NICOLA MASON
auditor
-
address
667-669 stockport road, longsight, manchester, M12 4QE
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
greater manchester law centre 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 greater manchester law centre.
greater manchester law centre 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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greater manchester law centre Companies House Filings - See Documents
| date | description | view/download |
|---|
