solicitors' inn ltd
solicitors' inn ltd Company Information
Company Number
10092820
Next Accounts
50 days late
Shareholders
mitaly dey
Group Structure
View All
Industry
Solicitors
Registered Address
188 the grove, stratford, london, E15 1NS
Website
www.solicitorsinn.co.uksolicitors' inn ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLICITORS' INN LTD at £151.5k based on a Turnover of £287k and 0.53x industry multiple (adjusted for size and gross margin).
solicitors' inn ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLICITORS' INN LTD at £22.9k based on an EBITDA of £8.3k and a 2.76x industry multiple (adjusted for size and gross margin).
solicitors' inn ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLICITORS' INN LTD at £0 based on Net Assets of £-5.4k and 1.72x industry multiple (adjusted for liquidity).
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Solicitors' Inn Ltd Overview
Solicitors' Inn Ltd is a live company located in london, E15 1NS with a Companies House number of 10092820. It operates in the solicitors sector, SIC Code 69102. Founded in March 2016, it's largest shareholder is mitaly dey with a 100% stake. Solicitors' Inn Ltd is a young, micro sized company, Pomanda has estimated its turnover at £287k with rapid growth in recent years.
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Solicitors' Inn Ltd Health Check
Pomanda's financial health check has awarded Solicitors' Inn Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £287k, make it smaller than the average company (£1.1m)
- Solicitors' Inn Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (5.9%)
- Solicitors' Inn Ltd
5.9% - Industry AVG
Production
with a gross margin of 43.7%, this company has a higher cost of product (72.5%)
- Solicitors' Inn Ltd
72.5% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (9.1%)
- Solicitors' Inn Ltd
9.1% - Industry AVG
Employees
with 10 employees, this is below the industry average (15)
10 - Solicitors' Inn Ltd
15 - Industry AVG
Pay Structure
on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)
- Solicitors' Inn Ltd
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £28.7k, this is less efficient (£65.4k)
- Solicitors' Inn Ltd
£65.4k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is near the average (57 days)
- Solicitors' Inn Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is slower than average (31 days)
- Solicitors' Inn Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Solicitors' Inn Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Solicitors' Inn Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 107%, this is a higher level of debt than the average (47.4%)
107% - Solicitors' Inn Ltd
47.4% - Industry AVG
SOLICITORS' INN LTD financials
Solicitors' Inn Ltd's latest turnover from March 2023 is estimated at £287 thousand and the company has net assets of -£5.4 thousand. According to their latest financial statements, Solicitors' Inn Ltd has 10 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|
| 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 | 10 | 8 | 9 | 4 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,339 | 29,237 | 12,206 | 9,863 | 5,330 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 25,339 | 29,237 | 12,206 | 9,863 | 5,330 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 52,253 | 74,040 | 57,134 | 29,470 | 22,728 | 28,033 | 8,037 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 3,128 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 52,253 | 74,040 | 57,134 | 29,470 | 22,728 | 28,033 | 11,165 |
| total assets | 77,592 | 103,277 | 69,340 | 39,333 | 28,058 | 28,033 | 11,165 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 40,191 | 70,476 | 34,899 | 59,554 | 51,389 | 24,477 | 10,325 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 40,191 | 70,476 | 34,899 | 59,554 | 51,389 | 24,477 | 10,325 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 42,841 | 44,961 | 50,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 42,841 | 44,961 | 50,000 | 0 | 0 | 0 | 0 |
| total liabilities | 83,032 | 115,437 | 84,899 | 59,554 | 51,389 | 24,477 | 10,325 |
| net assets | -5,440 | -12,160 | -15,559 | -20,221 | -23,331 | 3,556 | 840 |
| total shareholders funds | -5,440 | -12,160 | -15,559 | -20,221 | -23,331 | 3,556 | 840 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | |||||
| Amortisation | 0 | 0 | |||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -21,787 | 16,906 | 27,664 | 6,742 | -5,305 | 19,996 | 8,037 |
| Creditors | -30,285 | 35,577 | -24,655 | 8,165 | 26,912 | 14,152 | 10,325 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -2,120 | -5,039 | 50,000 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | -3,128 | 3,128 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -3,128 | 3,128 |
solicitors' inn ltd Credit Report and Business Information
Solicitors' Inn Ltd Competitor Analysis
Perform a competitor analysis for solicitors' inn ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in E15 area or any other competitors across 12 key performance metrics.
solicitors' inn ltd Ownership
SOLICITORS' INN LTD group structure
Solicitors' Inn Ltd has no subsidiary companies.
Ultimate parent company
SOLICITORS' INN LTD
10092820
solicitors' inn ltd directors
Solicitors' Inn Ltd currently has 3 directors. The longest serving directors include Mr Safdar Iqbal (Mar 2016) and Mrs Mitaly Dey (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Safdar Iqbal | England | 46 years | Mar 2016 | - | Director |
| Mrs Mitaly Dey | England | 38 years | Dec 2020 | - | Director |
| Mr Muhammad Zafar | United Kingdom | 55 years | Jul 2024 | - | Director |
P&L
March 2023turnover
287k
+8%
operating profit
8.3k
0%
gross margin
43.8%
+13.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-5.4k
-0.55%
total assets
77.6k
-0.25%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
solicitors' inn ltd company details
company number
10092820
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
leverage law chambers limited (August 2016)
accountant
-
auditor
-
address
188 the grove, stratford, london, E15 1NS
Bank
-
Legal Advisor
-
solicitors' inn ltd 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 solicitors' inn ltd.
solicitors' inn ltd 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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solicitors' inn ltd Companies House Filings - See Documents
| date | description | view/download |
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