laurus law limited
laurus law limited Company Information
Company Number
09960870
Next Accounts
Dec 2025
Industry
Solicitors
Shareholders
james hollingsworth
nicholas james addyman
View AllGroup Structure
View All
Contact
Registered Address
30 dukes place, london, EC3A 7LP
Website
www.lauruslaw.co.uklaurus law limited Estimated Valuation
Pomanda estimates the enterprise value of LAURUS LAW LIMITED at £1.7m based on a Turnover of £2.7m and 0.63x industry multiple (adjusted for size and gross margin).
laurus law limited Estimated Valuation
Pomanda estimates the enterprise value of LAURUS LAW LIMITED at £1m based on an EBITDA of £302.1k and a 3.42x industry multiple (adjusted for size and gross margin).
laurus law limited Estimated Valuation
Pomanda estimates the enterprise value of LAURUS LAW LIMITED at £84.3k based on Net Assets of £54.1k and 1.56x industry multiple (adjusted for liquidity).
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Laurus Law Limited Overview
Laurus Law Limited is a live company located in london, EC3A 7LP with a Companies House number of 09960870. It operates in the solicitors sector, SIC Code 69102. Founded in January 2016, it's largest shareholder is james hollingsworth with a 43.1% stake. Laurus Law Limited is a young, small sized company, Pomanda has estimated its turnover at £2.7m with healthy growth in recent years.
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Laurus Law Limited Health Check
Pomanda's financial health check has awarded Laurus Law Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £2.7m, make it larger than the average company (£1.1m)
- Laurus Law Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.1%)
- Laurus Law Limited
7.1% - Industry AVG
Production
with a gross margin of 69.7%, this company has a comparable cost of product (69.7%)
- Laurus Law Limited
69.7% - Industry AVG
Profitability
an operating margin of 10.3% make it as profitable than the average company (9.1%)
- Laurus Law Limited
9.1% - Industry AVG
Employees
with 57 employees, this is above the industry average (16)
57 - Laurus Law Limited
16 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
- Laurus Law Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £47.4k, this is less efficient (£68.4k)
- Laurus Law Limited
£68.4k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (60 days)
- Laurus Law Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (23 days)
- Laurus Law Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Laurus Law Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (33 weeks)
12 weeks - Laurus Law Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.2%, this is a higher level of debt than the average (45.2%)
95.2% - Laurus Law Limited
45.2% - Industry AVG
LAURUS LAW LIMITED financials
Laurus Law Limited's latest turnover from March 2024 is estimated at £2.7 million and the company has net assets of £54.1 thousand. According to their latest financial statements, Laurus Law Limited has 57 employees and maintains cash reserves of £199.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 57 | 64 | 62 | 41 | 30 | 22 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,793 | 29,658 | 43,635 | 35,210 | 42,184 | 9,499 | 9,286 | 13,930 |
| Intangible Assets | 69,716 | 0 | 58,665 | 56,493 | 129,077 | 126,385 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 2,403 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 94,509 | 29,658 | 102,300 | 94,106 | 171,261 | 135,884 | 9,286 | 13,930 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 74,482 | 67,636 | 0 | 0 |
| Trade Debtors | 267,282 | 230,584 | 293,441 | 247,189 | 180,395 | 229,957 | 13,220,105 | 3,548,365 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 561,952 | 369,181 | 371,782 | 272,568 | 163,070 | 208,998 | 0 | 0 |
| Cash | 199,491 | 493,827 | 327,481 | 615,226 | 172,390 | 16,162,503 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 31,531 | 0 |
| total current assets | 1,028,725 | 1,093,592 | 992,704 | 1,134,983 | 590,337 | 16,669,094 | 13,251,636 | 3,548,365 |
| total assets | 1,123,234 | 1,123,250 | 1,095,004 | 1,229,089 | 761,598 | 16,804,978 | 13,260,922 | 3,562,295 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 60,000 | 60,000 | 60,000 | 15,000 | 0 | 0 | 0 | 0 |
| Trade Creditors | 46,458 | 33,839 | 17,717 | 41,777 | 44,782 | 25,472 | 13,201,401 | 3,522,586 |
| 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 | 723,900 | 860,248 | 848,043 | 1,168,036 | 363,852 | 16,679,699 | 0 | 0 |
| total current liabilities | 830,358 | 954,087 | 925,760 | 1,224,813 | 408,634 | 16,705,171 | 13,201,401 | 3,522,586 |
| loans | 85,085 | 145,060 | 205,000 | 285,000 | 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 | 147,463 | 165,032 | 319,452 | 264,442 | 308,000 | 0 | 0 | 0 |
| provisions | 6,198 | 7,415 | 1,105 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 238,746 | 317,507 | 525,557 | 549,442 | 308,000 | 0 | 0 | 0 |
| total liabilities | 1,069,104 | 1,271,594 | 1,451,317 | 1,774,255 | 716,634 | 16,705,171 | 13,201,401 | 3,522,586 |
| net assets | 54,130 | -148,344 | -356,313 | -545,166 | 44,964 | 99,807 | 59,521 | 39,709 |
| total shareholders funds | 54,130 | -148,344 | -356,313 | -545,166 | 44,964 | 99,807 | 59,521 | 39,709 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 15,020 | 25,162 | 22,639 | 17,148 | 0 | |||
| Amortisation | 7,947 | 66,835 | 68,162 | 107,910 | 0 | |||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | -74,482 | 6,846 | 67,636 | 0 | 0 |
| Debtors | 229,469 | -65,458 | 143,063 | 178,695 | -95,490 | -12,781,150 | 9,671,740 | 3,548,365 |
| Creditors | 12,619 | 16,122 | -24,060 | -3,005 | 19,310 | -13,175,929 | 9,678,815 | 3,522,586 |
| Accruals and Deferred Income | -136,348 | 12,205 | -319,993 | 804,184 | -16,315,847 | 16,679,699 | 0 | 0 |
| Deferred Taxes & Provisions | -1,217 | 6,310 | 1,105 | 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 | 45,000 | 15,000 | 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 | -59,975 | -59,940 | -80,000 | 285,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -17,569 | -154,420 | 55,010 | -43,558 | 308,000 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -294,336 | 166,346 | -287,745 | 442,836 | -15,990,113 | 16,162,503 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -294,336 | 166,346 | -287,745 | 442,836 | -15,990,113 | 16,162,503 | 0 | 0 |
laurus law limited Credit Report and Business Information
Laurus Law Limited Competitor Analysis
Perform a competitor analysis for laurus law limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC3A area or any other competitors across 12 key performance metrics.
laurus law limited Ownership
LAURUS LAW LIMITED group structure
Laurus Law Limited has no subsidiary companies.
Ultimate parent company
LAURUS LAW LIMITED
09960870
laurus law limited directors
Laurus Law Limited currently has 6 directors. The longest serving directors include Mr Nicholas Addyman (Jan 2016) and Mr James Hollingsworth (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Addyman | England | 58 years | Jan 2016 | - | Director |
| Mr James Hollingsworth | England | 45 years | Nov 2016 | - | Director |
| Mr Robert Gray | United Kingdom | 68 years | Dec 2016 | - | Director |
| Mr Steven Gasser | England | 40 years | Jan 2017 | - | Director |
| Mr James Chadwick | England | 46 years | Dec 2020 | - | Director |
| Mr Richard Carroll | England | 46 years | Dec 2020 | - | Director |
P&L
March 2024turnover
2.7m
-4%
operating profit
279.1k
0%
gross margin
69.7%
-3.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
54.1k
-1.36%
total assets
1.1m
0%
cash
199.5k
-0.6%
net assets
Total assets minus all liabilities
laurus law limited company details
company number
09960870
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
30 dukes place, london, EC3A 7LP
Bank
-
Legal Advisor
-
laurus law 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 1 charges/mortgages relating to laurus law limited. Currently there are 1 open charges and 0 have been satisfied in the past.
laurus law 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 LAURUS LAW LIMITED. This can take several minutes, an email will notify you when this has completed.
laurus law limited Companies House Filings - See Documents
| date | description | view/download |
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