flex legal limited
flex legal limited Company Information
Company Number
09820383
Next Accounts
Dec 2025
Industry
Other information technology and computer service activities
Shareholders
mdr als (holdings) limited
Group Structure
View All
Contact
Registered Address
weston house, 242-246 high holborn, london, WC1V 7EX
Website
flex.legalflex legal limited Estimated Valuation
Pomanda estimates the enterprise value of FLEX LEGAL LIMITED at £6.8m based on a Turnover of £8.1m and 0.84x industry multiple (adjusted for size and gross margin).
flex legal limited Estimated Valuation
Pomanda estimates the enterprise value of FLEX LEGAL LIMITED at £10.2m based on an EBITDA of £1.8m and a 5.62x industry multiple (adjusted for size and gross margin).
flex legal limited Estimated Valuation
Pomanda estimates the enterprise value of FLEX LEGAL LIMITED at £4.9m based on Net Assets of £2.2m and 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Flex Legal Limited Overview
Flex Legal Limited is a live company located in london, WC1V 7EX with a Companies House number of 09820383. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2015, it's largest shareholder is mdr als (holdings) limited with a 100% stake. Flex Legal Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.1m with healthy growth in recent years.
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Flex Legal Limited Health Check
Pomanda's financial health check has awarded Flex Legal Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
2 Weak
Size
annual sales of £8.1m, make it in line with the average company (£7.2m)
- Flex Legal Limited
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9%)
- Flex Legal Limited
9% - Industry AVG
Production
with a gross margin of 48.8%, this company has a comparable cost of product (48.8%)
- Flex Legal Limited
48.8% - Industry AVG
Profitability
an operating margin of 22.1% make it more profitable than the average company (3.9%)
- Flex Legal Limited
3.9% - Industry AVG
Employees
with 47 employees, this is similar to the industry average (42)
- Flex Legal Limited
42 - Industry AVG
Pay Structure
on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)
- Flex Legal Limited
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £173.1k, this is equally as efficient (£173.6k)
- Flex Legal Limited
£173.6k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (51 days)
- Flex Legal Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (35 days)
- Flex Legal Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Flex Legal Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 71 weeks, this is more cash available to meet short term requirements (14 weeks)
71 weeks - Flex Legal Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.8%, this is a lower level of debt than the average (62.8%)
32.8% - Flex Legal Limited
62.8% - Industry AVG
FLEX LEGAL LIMITED financials
Flex Legal Limited's latest turnover from March 2024 is estimated at £8.1 million and the company has net assets of £2.2 million. According to their latest financial statements, we estimate that Flex Legal Limited has 47 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 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 | 35 | 20 | 58 | 11 | 58 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,177 | 22,657 | 20,939 | 16,497 | 22,675 | 9,514 | 394 | 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 | 14,177 | 22,657 | 20,939 | 16,497 | 22,675 | 9,514 | 394 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,527,551 | 1,488,423 | 1,331,237 | 493,517 | 509,573 | 396,393 | 79,480 | 114,407 |
| Group Debtors | 19,622 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 254,985 | 306,135 | 224,933 | 136,362 | 71,792 | 9,334 | 160,318 | 0 |
| Cash | 1,482,840 | 1,289,045 | 1,086,872 | 1,022,779 | 888,457 | 310,928 | 115,088 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 46,583 | 0 | 0 | 1,441 |
| total current assets | 3,284,998 | 3,083,603 | 2,643,042 | 1,652,658 | 1,516,405 | 716,655 | 354,886 | 115,848 |
| total assets | 3,299,175 | 3,106,260 | 2,663,981 | 1,669,155 | 1,539,080 | 726,169 | 355,280 | 115,848 |
| Bank overdraft | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 42,228 | 40,053 | 41,160 | 9,989 | 11,411 | 14,478 | 3,928 | 7,609 |
| Group/Directors Accounts | 0 | 0 | 0 | 999 | 999 | 0 | 0 | 0 |
| other short term finances | 0 | 119,357 | 0 | 131,804 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,036,412 | 1,334,976 | 1,268,557 | 266,584 | 330,138 | 249,160 | 100,282 | 0 |
| total current liabilities | 1,078,640 | 1,494,386 | 1,309,717 | 459,376 | 342,548 | 263,638 | 104,210 | 7,609 |
| loans | 0 | 0 | 114,767 | 110,353 | 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 | 106,097 | 99,998 | 0 | 0 |
| provisions | 3,544 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,544 | 0 | 114,767 | 110,353 | 106,097 | 99,998 | 0 | 0 |
| total liabilities | 1,082,184 | 1,494,386 | 1,424,484 | 569,729 | 448,645 | 363,636 | 104,210 | 7,609 |
| net assets | 2,216,991 | 1,611,874 | 1,239,497 | 1,099,426 | 1,090,435 | 362,533 | 251,070 | 108,239 |
| total shareholders funds | 2,216,991 | 1,611,874 | 1,239,497 | 1,099,426 | 1,090,435 | 362,533 | 251,070 | 108,239 |
| Mar 2024 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 17,070 | 13,521 | 12,902 | 10,954 | 7,157 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,802,158 | 238,388 | 926,291 | 48,514 | 175,638 | 165,929 | 125,391 | 114,407 |
| Creditors | 42,228 | -1,107 | 31,171 | -1,422 | -3,067 | 10,550 | -3,681 | 7,609 |
| Accruals and Deferred Income | 1,036,412 | 66,419 | 1,001,973 | -63,554 | 80,978 | 148,878 | 100,282 | 0 |
| Deferred Taxes & Provisions | 3,544 | 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 | -999 | 0 | 999 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 119,357 | -131,804 | 131,804 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -114,767 | 4,414 | 110,353 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -106,097 | 6,099 | 99,998 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 1,482,840 | 202,173 | 64,093 | 134,322 | 577,529 | 195,840 | 115,088 | 0 |
| overdraft | 0 | 0 | -50,000 | 50,000 | 0 | 0 | 0 | 0 |
| change in cash | 1,482,840 | 202,173 | 114,093 | 84,322 | 577,529 | 195,840 | 115,088 | 0 |
flex legal limited Credit Report and Business Information
Flex Legal Limited Competitor Analysis
Perform a competitor analysis for flex legal limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in WC1V area or any other competitors across 12 key performance metrics.
flex legal limited Ownership
FLEX LEGAL LIMITED group structure
Flex Legal Limited has no subsidiary companies.
Ultimate parent company
2 parents
FLEX LEGAL LIMITED
09820383
flex legal limited directors
Flex Legal Limited currently has 6 directors. The longest serving directors include Ms Mary Bonsor (Oct 2015) and Mr James Moore (May 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Mary Bonsor | United Kingdom | 37 years | Oct 2015 | - | Director |
| Mr James Moore | United Kingdom | 41 years | May 2016 | - | Director |
| Mr Neville Eisenberg | United Kingdom | 62 years | Dec 2023 | - | Director |
| Mr Nicholas West | England | 49 years | Dec 2023 | - | Director |
| Mr Matthew Hotson | United Kingdom | 55 years | Dec 2023 | - | Director |
| Ms Kathryn Gaskell | United Kingdom | 44 years | Mar 2024 | - | Director |
P&L
March 2024turnover
8.1m
0%
operating profit
1.8m
0%
gross margin
48.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.2m
0%
total assets
3.3m
0%
cash
1.5m
0%
net assets
Total assets minus all liabilities
Similar Companies
flex legal limited company details
company number
09820383
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
MHA
auditor
-
address
weston house, 242-246 high holborn, london, WC1V 7EX
Bank
-
Legal Advisor
-
flex 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 found 2 charges/mortgages relating to flex legal limited. Currently there are 1 open charges and 1 have been satisfied in the past.
flex legal 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.
Click to start generating capital raising & share issue transactions for FLEX LEGAL LIMITED. This can take several minutes, an email will notify you when this has completed.
flex legal limited Companies House Filings - See Documents
| date | description | view/download |
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