Sterling Advocates Limited

POWER SEARCH PRICING

SOLUTIONS

sterling advocates limited Company Information

Company Number

10326479

Next Accounts

May 2025

Directors

Adam Mohammed

Shareholders

adam mohammed

Group Structure

View All

Industry

Solicitors

Registered Address

207 foley road west, sutton coldfield, west midlands, B74 3NX

Website

sterling advocates limited Estimated Valuation

£342.1k

Pomanda estimates the enterprise value of STERLING ADVOCATES LIMITED at £342.1k based on Net Assets of £199k and 1.72x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Sterling Advocates Limited is a live company located in west midlands, B74 3NX with a Companies House number of 10326479. It operates in the solicitors sector, SIC Code 69102. Founded in August 2016, it's largest shareholder is adam mohammed with a 100% stake. Sterling Advocates Limited is a young, micro sized company, Pomanda has estimated its turnover at £241.4k with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Sterling Advocates Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

5 Strong

1 Regular

4 Weak

Size

annual sales of £241.4k, make it smaller than the average company (£1.1m)

Growth

3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (6.4%)

EXPORT

Sterling Advocates Limited's latest turnover from August 2023 is estimated at £241.4 thousand and the company has net assets of £199 thousand. According to their latest financial statements, Sterling Advocates Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017
Turnover	241,390	191,960	146,649	123,587	99,624	44,805	43,354
Other Income Or Grants
Cost Of Sales	142,723	111,738	93,651	78,803	59,919	27,982	24,621
Gross Profit	98,667	80,222	52,998	44,785	39,705	16,823	18,733
Admin Expenses	58,346	37,337	2,070	-24,835	30,375	12,262	-11,930
Operating Profit	40,321	42,885	50,928	69,620	9,330	4,561	30,663
Interest Payable
Interest Receivable					113	238	42
Pre-Tax Profit	40,321	42,885	50,928	69,620	9,443	4,799	30,705
Tax	-10,080	-8,148	-9,676	-13,228	-1,794	-912	-5,834
Profit After Tax	30,241	34,737	41,252	56,392	7,649	3,887	24,871
Dividends Paid
Retained Profit	30,241	34,737	41,252	56,392	7,649	3,887	24,871
Employee Costs	38,753	35,288	33,102	33,138	34,254	31,749	30,372
Number Of Employees	1	1	1	1	1	1	1
EBITDA*	40,321	42,885	50,928	69,620	9,389	4,635	30,693

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017
Tangible Assets	12,006	14,670	17,416	20,804	237	296	120
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	12,006	14,670	17,416	20,804	237	296	120
Stock & work in progress
Trade Debtors	238,167	190,074	137,510	99,288	47,336
Group Debtors
Misc Debtors
Cash						30,073	33,400
misc current assets
total current assets	238,167	190,074	137,510	99,288	47,336	30,073	33,400
total assets	250,173	204,744	154,926	120,092	47,573	30,369	33,520
Bank overdraft
Bank loan
Trade Creditors	50,344	35,256	20,175	26,693	10,566
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities						1,610	8,648
total current liabilities	50,344	35,256	20,175	26,693	10,566	1,610	8,648
loans
hp & lease commitments
Accruals and Deferred Income	800	700	700	600	600
other liabilities
provisions
total long term liabilities	800	700	700	600	600
total liabilities	51,144	35,956	20,875	27,293	11,166	1,610	8,648
net assets	199,029	168,788	134,051	92,799	36,407	28,759	24,872
total shareholders funds	199,029	168,788	134,051	92,799	36,407	28,759	24,872

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017
Operating Activities
Operating Profit	40,321	42,885	50,928	69,620	9,330	4,561	30,663
Depreciation					59	74	30
Amortisation
Tax	-10,080	-8,148	-9,676	-13,228	-1,794	-912	-5,834
Stock
Debtors	48,093	52,564	38,222	51,952	47,336
Creditors	15,088	15,081	-6,518	16,127	10,566
Accruals and Deferred Income	100		100		-1,010	-7,038	8,648
Deferred Taxes & Provisions
Cash flow from operations	-2,664	-2,746	-3,388	20,567	-30,185	-3,315	33,507
Investing Activities
capital expenditure	2,664	2,746	3,388	-20,567		-250	-150
Change in Investments
cash flow from investments	2,664	2,746	3,388	-20,567		-250	-150
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					-1		1
interest					113	238	42
cash flow from financing					112	238	43
cash and cash equivalents
cash					-30,073	-3,327	33,400
overdraft
change in cash					-30,073	-3,327	33,400

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for sterling advocates limited. Get real-time insights into sterling advocates limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for sterling advocates limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B74 area or any other competitors across 12 key performance metrics.

STERLING ADVOCATES LIMITED group structure

Sterling Advocates Limited has no subsidiary companies.

Ultimate parent company

STERLING ADVOCATES LIMITED

10326479

STERLING ADVOCATES LIMITED Shareholders

adam mohammed

100%

Sterling Advocates Limited currently has 1 director, Mr Adam Mohammed serving since Aug 2016.

officer	country	age	start	end	role
Mr Adam Mohammed		40 years	Aug 2016	-	Director

P&L

August 2023

turnover

241.4k

+26%

operating profit

40.3k

gross margin

40.9%

-2.19%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2023

net assets

199k

+0.18%

total assets

250.2k

+0.22%

cash

net assets

Total assets minus all liabilities

Similar Companies

solutions law limited

2.5

county durham legal services limited

rpw legal limited

1.5

just ask solicitors limited

1.5

caha registrar ltd

company number

10326479

Type

Private limited with Share Capital

industry

69102 - Solicitors

incorporation date

August 2016

ultimate parent company

None

previous names

N/A

address

207 foley road west, sutton coldfield, west midlands, B74 3NX

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 sterling advocates limited.

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 STERLING ADVOCATES LIMITED. This can take several minutes, an email will notify you when this has completed.

sterling advocates limited Company Information

sterling advocates limited Estimated Valuation

sterling advocates limited Estimated Valuation

sterling advocates limited Estimated Valuation

Sterling Advocates Limited Overview

Sterling Advocates Limited Health Check

STERLING ADVOCATES LIMITED financials

sterling advocates limited Credit Report and Business Information

Sterling Advocates Limited Competitor Analysis

sterling advocates limited Ownership

sterling advocates limited directors

sterling advocates limited company details

sterling advocates limited Charges & Mortgages

sterling advocates limited Capital Raised & Share Issues BETA

sterling advocates limited Companies House Filings - See Documents