the institute of legal finance & management
the institute of legal finance & management Company Information
Company Number
10245337
Next Accounts
Mar 2026
Shareholders
-
Group Structure
View All
Industry
Activities of professional membership organisations
Registered Address
suite 2, first floor,, river house, sidcup, kent, DA14 5RH
Website
ilfm.org.ukthe institute of legal finance & management Estimated Valuation
Pomanda estimates the enterprise value of THE INSTITUTE OF LEGAL FINANCE & MANAGEMENT at £284.3k based on a Turnover of £613k and 0.46x industry multiple (adjusted for size and gross margin).
the institute of legal finance & management Estimated Valuation
Pomanda estimates the enterprise value of THE INSTITUTE OF LEGAL FINANCE & MANAGEMENT at £0 based on an EBITDA of £-4.5k and a 2.48x industry multiple (adjusted for size and gross margin).
the institute of legal finance & management Estimated Valuation
Pomanda estimates the enterprise value of THE INSTITUTE OF LEGAL FINANCE & MANAGEMENT at £601.7k based on Net Assets of £246.7k and 2.44x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Institute Of Legal Finance & Management Overview
The Institute Of Legal Finance & Management is a live company located in sidcup, DA14 5RH with a Companies House number of 10245337. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in June 2016, it's largest shareholder is unknown. The Institute Of Legal Finance & Management is a young, small sized company, Pomanda has estimated its turnover at £613k with healthy growth in recent years.
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The Institute Of Legal Finance & Management Health Check
Pomanda's financial health check has awarded The Institute Of Legal Finance & Management a 3 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
3 Regular
6 Weak
Size
annual sales of £613k, make it smaller than the average company (£837.1k)
- The Institute Of Legal Finance & Management
£837.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (10%)
- The Institute Of Legal Finance & Management
10% - Industry AVG
Production
with a gross margin of 69.5%, this company has a comparable cost of product (69.5%)
- The Institute Of Legal Finance & Management
69.5% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (1.1%)
- The Institute Of Legal Finance & Management
1.1% - Industry AVG
Employees
with 8 employees, this is below the industry average (12)
8 - The Institute Of Legal Finance & Management
12 - Industry AVG
Pay Structure
on an average salary of £50.1k, the company has an equivalent pay structure (£50.1k)
- The Institute Of Legal Finance & Management
£50.1k - Industry AVG
Efficiency
resulting in sales per employee of £76.6k, this is less efficient (£111.2k)
- The Institute Of Legal Finance & Management
£111.2k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (23 days)
- The Institute Of Legal Finance & Management
23 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (28 days)
- The Institute Of Legal Finance & Management
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Institute Of Legal Finance & Management
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 163 weeks, this is more cash available to meet short term requirements (94 weeks)
163 weeks - The Institute Of Legal Finance & Management
94 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.9%, this is a similar level of debt than the average (26.4%)
25.9% - The Institute Of Legal Finance & Management
26.4% - Industry AVG
THE INSTITUTE OF LEGAL FINANCE & MANAGEMENT financials
The Institute Of Legal Finance & Management's latest turnover from June 2024 is estimated at £613 thousand and the company has net assets of £246.7 thousand. According to their latest financial statements, The Institute Of Legal Finance & Management has 8 employees and maintains cash reserves of £270.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 396,405 | |||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 104,741 | |||||||
| Gross Profit | 291,664 | |||||||
| Admin Expenses | 314,972 | |||||||
| Operating Profit | -23,308 | |||||||
| Interest Payable | ||||||||
| Interest Receivable | 912 | |||||||
| Pre-Tax Profit | -22,396 | |||||||
| Tax | ||||||||
| Profit After Tax | -22,396 | |||||||
| Dividends Paid | ||||||||
| Retained Profit | -22,396 | |||||||
| Employee Costs | ||||||||
| Number Of Employees | 8 | 8 | 8 | 8 | 7 | 6 | 6 | 5 |
| EBITDA* | -20,706 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,459 | 18,783 | 19,822 | 10,454 | 7,160 | 7,709 | 12,191 | 9,816 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 14,459 | 18,783 | 19,822 | 10,454 | 7,160 | 7,709 | 12,191 | 9,816 |
| Stock & work in progress | ||||||||
| Trade Debtors | 24,972 | 34,205 | 29,760 | 22,372 | 10,250 | 19,257 | 12,640 | 3,840 |
| Group Debtors | ||||||||
| Misc Debtors | 22,598 | 15,814 | 19,470 | 19,648 | 22,571 | 17,787 | 24,297 | 25,058 |
| Cash | 270,779 | 260,050 | 270,225 | 262,346 | 264,972 | 264,143 | 196,992 | 183,775 |
| misc current assets | ||||||||
| total current assets | 318,349 | 310,069 | 319,455 | 304,366 | 297,793 | 301,187 | 233,929 | 212,673 |
| total assets | 332,808 | 328,852 | 339,277 | 314,820 | 304,953 | 308,896 | 246,120 | 222,489 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 5,717 | 8,519 | 8,762 | 6,658 | 1,578 | 13,447 | 12,197 | 6,690 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 80,382 | 76,769 | 92,435 | 82,488 | 104,498 | 100,521 | 72,222 | 58,435 |
| total current liabilities | 86,099 | 85,288 | 101,197 | 89,146 | 106,076 | 113,968 | 84,419 | 65,125 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 86,099 | 85,288 | 101,197 | 89,146 | 106,076 | 113,968 | 84,419 | 65,125 |
| net assets | 246,709 | 243,564 | 238,080 | 225,674 | 198,877 | 194,928 | 161,701 | 157,364 |
| total shareholders funds | 246,709 | 243,564 | 238,080 | 225,674 | 198,877 | 194,928 | 161,701 | 157,364 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -23,308 | |||||||
| Depreciation | 5,281 | 7,842 | 6,436 | 4,121 | 6,003 | 7,256 | 5,823 | 2,602 |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -2,449 | 789 | 7,210 | 9,199 | -4,223 | 107 | 8,039 | 28,898 |
| Creditors | -2,802 | -243 | 2,104 | 5,080 | -11,869 | 1,250 | 5,507 | 6,690 |
| Accruals and Deferred Income | 3,613 | -15,666 | 9,947 | -22,010 | 3,977 | 28,299 | 13,787 | 58,435 |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | 15,521 | |||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | 912 | |||||||
| cash flow from financing | 180,672 | |||||||
| cash and cash equivalents | ||||||||
| cash | 10,729 | -10,175 | 7,879 | -2,626 | 829 | 67,151 | 13,217 | 183,775 |
| overdraft | ||||||||
| change in cash | 10,729 | -10,175 | 7,879 | -2,626 | 829 | 67,151 | 13,217 | 183,775 |
the institute of legal finance & management Credit Report and Business Information
The Institute Of Legal Finance & Management Competitor Analysis
Perform a competitor analysis for the institute of legal finance & management by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in DA14 area or any other competitors across 12 key performance metrics.
the institute of legal finance & management Ownership
THE INSTITUTE OF LEGAL FINANCE & MANAGEMENT group structure
The Institute Of Legal Finance & Management has no subsidiary companies.
Ultimate parent company
THE INSTITUTE OF LEGAL FINANCE & MANAGEMENT
10245337
the institute of legal finance & management directors
The Institute Of Legal Finance & Management currently has 10 directors. The longest serving directors include Mr Richard Hill (Jun 2016) and Mrs Angela Brassington (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Hill | United Kingdom | 47 years | Jun 2016 | - | Director |
| Mrs Angela Brassington | United Kingdom | 69 years | Feb 2017 | - | Director |
| Mr Ian Johnson | 47 years | Feb 2017 | - | Director | |
| Mr Ricky Howlett | United Kingdom | 63 years | Nov 2018 | - | Director |
| Miss Jennifer Staight | United Kingdom | 37 years | Nov 2018 | - | Director |
| Miss Victoria Williams | United Kingdom | 35 years | Nov 2018 | - | Director |
| Ms Victoria Fish | United Kingdom | 46 years | Jan 2020 | - | Director |
| Mr Mark Adderley | United Kingdom | 32 years | Apr 2021 | - | Director |
| Ms Ruth McLain | United Kingdom | 56 years | Apr 2021 | - | Director |
| Mr Robert Banner | United Kingdom | 72 years | Jun 2024 | - | Director |
P&L
June 2024turnover
613k
-3%
operating profit
-9.7k
0%
gross margin
69.6%
-7.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
246.7k
+0.01%
total assets
332.8k
+0.01%
cash
270.8k
+0.04%
net assets
Total assets minus all liabilities
the institute of legal finance & management company details
company number
10245337
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94120 - Activities of professional membership organisations
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2024
previous names
N/A
accountant
BURGESS HODGSON LLP
auditor
-
address
suite 2, first floor,, river house, sidcup, kent, DA14 5RH
Bank
-
Legal Advisor
-
the institute of legal finance & management 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 the institute of legal finance & management.
the institute of legal finance & management 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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the institute of legal finance & management Companies House Filings - See Documents
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