33 legal limited

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33 legal limited Company Information

Share 33 LEGAL LIMITED

Company Number

10788358

Shareholders

jordan frederick green

andrew mark doyle

Group Structure

View All

Industry

Other personal service activities n.e.c.

 

Registered Address

riverside house irwell street, manchester, M3 5EN

33 legal limited Estimated Valuation

£350.7k

Pomanda estimates the enterprise value of 33 LEGAL LIMITED at £350.7k based on a Turnover of £526.5k and 0.67x industry multiple (adjusted for size and gross margin).

33 legal limited Estimated Valuation

£405.8k

Pomanda estimates the enterprise value of 33 LEGAL LIMITED at £405.8k based on an EBITDA of £92.6k and a 4.38x industry multiple (adjusted for size and gross margin).

33 legal limited Estimated Valuation

£200.1k

Pomanda estimates the enterprise value of 33 LEGAL LIMITED at £200.1k based on Net Assets of £102k and 1.96x industry multiple (adjusted for liquidity).

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33 Legal Limited Overview

33 Legal Limited is a live company located in manchester, M3 5EN with a Companies House number of 10788358. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 2017, it's largest shareholder is jordan frederick green with a 50% stake. 33 Legal Limited is a young, small sized company, Pomanda has estimated its turnover at £526.5k with unknown growth in recent years.

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33 Legal Limited Health Check

Pomanda's financial health check has awarded 33 Legal Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £526.5k, make it smaller than the average company (£675.4k)

£526.5k - 33 Legal Limited

£675.4k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - 33 Legal Limited

- - Industry AVG

production

Production

with a gross margin of 39.3%, this company has a comparable cost of product (39.3%)

39.3% - 33 Legal Limited

39.3% - Industry AVG

profitability

Profitability

an operating margin of 16.9% make it more profitable than the average company (5.3%)

16.9% - 33 Legal Limited

5.3% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (13)

10 - 33 Legal Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.4k, the company has an equivalent pay structure (£26.4k)

£26.4k - 33 Legal Limited

£26.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £52.7k, this is less efficient (£73.3k)

£52.7k - 33 Legal Limited

£73.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (28 days)

1 days - 33 Legal Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is quicker than average (37 days)

26 days - 33 Legal Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 632 days, this is more than average (37 days)

632 days - 33 Legal Limited

37 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (48 weeks)

2 weeks - 33 Legal Limited

48 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 86.7%, this is a higher level of debt than the average (46.6%)

86.7% - 33 Legal Limited

46.6% - Industry AVG

33 LEGAL LIMITED financials

EXPORTms excel logo

33 Legal Limited's latest turnover from August 2020 is estimated at £526.5 thousand and the company has net assets of £102 thousand. According to their latest financial statements, 33 Legal Limited has 10 employees and maintains cash reserves of £26.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2020Aug 2019Aug 2018
Turnover526,5271,256,9001,037,861
Other Income Or Grants
Cost Of Sales319,852758,265628,605
Gross Profit206,675498,634409,256
Admin Expenses117,729484,223385,690
Operating Profit88,94614,41123,566
Interest Payable1,525
Interest Receivable135857
Pre-Tax Profit87,43514,46923,623
Tax-16,613-2,749-4,488
Profit After Tax70,82211,72019,135
Dividends Paid
Retained Profit70,82211,72019,135
Employee Costs264,116162,340128,500
Number Of Employees1065
EBITDA*92,55115,56623,566

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2020Aug 2019Aug 2018
Tangible Assets30,2664,8542,905
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets30,2664,8542,905
Stock & work in progress554,537
Trade Debtors2,568176,800187,300
Group Debtors100,997
Misc Debtors54,61786,63032,017
Cash26,34119015,209
misc current assets
total current assets739,060263,620234,526
total assets769,326268,474237,431
Bank overdraft
Bank loan
Trade Creditors 22,89141,279
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities589,486236,494176,717
total current liabilities612,377236,494217,996
loans50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions4,972825
total long term liabilities54,972825
total liabilities667,349237,319217,996
net assets101,97731,15519,435
total shareholders funds101,97731,15519,435
Aug 2020Aug 2019Aug 2018
Operating Activities
Operating Profit88,94614,41123,566
Depreciation3,6051,155
Amortisation
Tax-16,613-2,749-4,488
Stock554,537
Debtors-105,24844,113219,317
Creditors22,891-41,27941,279
Accruals and Deferred Income352,99259,777176,717
Deferred Taxes & Provisions4,147825
Cash flow from operations6,679-11,97317,757
Investing Activities
capital expenditure-29,017-3,104-2,905
Change in Investments
cash flow from investments-29,017-3,104-2,905
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue300
interest-1,5125857
cash flow from financing48,48858357
cash and cash equivalents
cash26,151-15,01915,209
overdraft
change in cash26,151-15,01915,209

33 legal limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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33 Legal Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 33 legal limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in M 3 area or any other competitors across 12 key performance metrics.

33 legal limited Ownership

33 LEGAL LIMITED group structure

33 Legal Limited has no subsidiary companies.

Ultimate parent company

33 LEGAL LIMITED

10788358

33 LEGAL LIMITED Shareholders

jordan frederick green 50%
andrew mark doyle 50%

33 legal limited directors

33 Legal Limited currently has 2 directors. The longest serving directors include Mr Jordan Green (Nov 2017) and Mr Andrew Doyle (Nov 2017).

officercountryagestartendrole
Mr Jordan GreenUnited Kingdom38 years Nov 2017- Director
Mr Andrew DoyleEngland49 years Nov 2017- Director

P&L

August 2020

turnover

526.5k

-58%

operating profit

88.9k

0%

gross margin

39.3%

-1.06%

turnover

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

Balance Sheet

August 2020

net assets

102k

+2.27%

total assets

769.3k

+1.87%

cash

26.3k

+137.64%

net assets

Total assets minus all liabilities

33 legal limited company details

company number

10788358

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

May 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2020

previous names

N/A

accountant

SEDULO ACCOUNTANTS LIMITED

auditor

-

address

riverside house irwell street, manchester, M3 5EN

Bank

-

Legal Advisor

-

33 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 1 charges/mortgages relating to 33 legal limited. Currently there are 1 open charges and 0 have been satisfied in the past.

33 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.

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33 legal limited Companies House Filings - See Documents

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