maddox legal limited
maddox legal limited Company Information
Company Number
10872273
Website
www.maddoxlegal.co.ukRegistered Address
octagon point 5 cheapside, london, EC2V 6AA
Industry
Solicitors
Telephone
442037092815
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
mark david archer 49%
joss burrell alcraft 49%
View Allmaddox legal limited Estimated Valuation
Pomanda estimates the enterprise value of MADDOX LEGAL LIMITED at £571.8k based on a Turnover of £1.3m and 0.46x industry multiple (adjusted for size and gross margin).
maddox legal limited Estimated Valuation
Pomanda estimates the enterprise value of MADDOX LEGAL LIMITED at £0 based on an EBITDA of £-9k and a 2.99x industry multiple (adjusted for size and gross margin).
maddox legal limited Estimated Valuation
Pomanda estimates the enterprise value of MADDOX LEGAL LIMITED at £62k based on Net Assets of £215.3k and 0.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Maddox Legal Limited Overview
Maddox Legal Limited is a live company located in london, EC2V 6AA with a Companies House number of 10872273. It operates in the solicitors sector, SIC Code 69102. Founded in July 2017, it's largest shareholder is mark david archer with a 49% stake. Maddox Legal Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.
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Maddox Legal Limited Health Check
Pomanda's financial health check has awarded Maddox Legal Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £1.3m, make it in line with the average company (£1.3m)
- Maddox Legal Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.7%)
- Maddox Legal Limited
6.7% - Industry AVG
Production
with a gross margin of 67%, this company has a comparable cost of product (67%)
- Maddox Legal Limited
67% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (9.6%)
- Maddox Legal Limited
9.6% - Industry AVG
Employees
with 15 employees, this is below the industry average (20)
15 - Maddox Legal Limited
20 - Industry AVG
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£38k)
- Maddox Legal Limited
£38k - Industry AVG
Efficiency
resulting in sales per employee of £83.6k, this is more efficient (£67k)
- Maddox Legal Limited
£67k - Industry AVG
Debtor Days
it gets paid by customers after 100 days, this is later than average (67 days)
- Maddox Legal Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 101 days, this is slower than average (28 days)
- Maddox Legal Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Maddox Legal Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (22 weeks)
7 weeks - Maddox Legal Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.7%, this is a similar level of debt than the average (55.3%)
53.7% - Maddox Legal Limited
55.3% - Industry AVG
MADDOX LEGAL LIMITED financials
Maddox Legal Limited's latest turnover from July 2023 is estimated at £1.3 million and the company has net assets of £215.3 thousand. According to their latest financial statements, Maddox Legal Limited has 15 employees and maintains cash reserves of £33.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| 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 | 15 | 10 | 7 | 6 | 4 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 7,351 | 1,244 | 1,992 | 3,982 | 14,834 | 13,112 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,351 | 1,244 | 1,992 | 3,982 | 14,834 | 13,112 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 345,688 | 233,060 | 83,033 | 308,330 | 259,923 | 83,037 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 78,084 | 45,309 | 28,724 | 0 | 0 | 0 |
| Cash | 33,894 | 193,729 | 182,898 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 457,666 | 472,098 | 294,655 | 308,330 | 259,923 | 83,037 |
| total assets | 465,017 | 473,342 | 296,647 | 312,312 | 274,757 | 96,149 |
| Bank overdraft | 10,000 | 10,000 | 10,000 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 115,220 | 46,288 | 38,565 | 166,550 | 178,082 | 61,635 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 106,158 | 164,751 | 62,325 | 0 | 0 | 0 |
| total current liabilities | 231,378 | 221,039 | 110,890 | 166,550 | 178,082 | 61,635 |
| loans | 18,333 | 28,333 | 38,333 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 18,333 | 28,333 | 38,333 | 0 | 0 | 0 |
| total liabilities | 249,711 | 249,372 | 149,223 | 166,550 | 178,082 | 61,635 |
| net assets | 215,306 | 223,970 | 147,424 | 145,762 | 96,675 | 34,514 |
| total shareholders funds | 215,306 | 223,970 | 147,424 | 145,762 | 96,675 | 34,514 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 1,660 | 2,018 | 0 | |||
| Amortisation | 0 | 0 | 0 | |||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 145,403 | 166,612 | -196,573 | 48,407 | 176,886 | 83,037 |
| Creditors | 68,932 | 7,723 | -127,985 | -11,532 | 116,447 | 61,635 |
| Accruals and Deferred Income | -58,593 | 102,426 | 62,325 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | -10,000 | 38,333 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -159,835 | 10,831 | 182,898 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 10,000 | 0 | 0 | 0 |
| change in cash | -159,835 | 10,831 | 172,898 | 0 | 0 | 0 |
maddox legal limited Credit Report and Business Information
Maddox Legal Limited Competitor Analysis
Perform a competitor analysis for maddox legal limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC2V area or any other competitors across 12 key performance metrics.
maddox legal limited Ownership
MADDOX LEGAL LIMITED group structure
Maddox Legal Limited has 2 subsidiary companies.
Ultimate parent company
MADDOX LEGAL LIMITED
10872273
2 subsidiaries
maddox legal limited directors
Maddox Legal Limited currently has 2 directors. The longest serving directors include Mr Joss Alcraft (Jul 2017) and Mr Mark Archer (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joss Alcraft | United Kingdom | 51 years | Jul 2017 | - | Director |
| Mr Mark Archer | United Kingdom | 57 years | Jul 2017 | - | Director |
P&L
July 2023turnover
1.3m
+60%
operating profit
-10.7k
0%
gross margin
67%
+0.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
215.3k
-0.04%
total assets
465k
-0.02%
cash
33.9k
-0.83%
net assets
Total assets minus all liabilities
Similar Companies
maddox legal limited company details
company number
10872273
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
July 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
acre 1208 limited (October 2017)
last accounts submitted
July 2023
address
octagon point 5 cheapside, london, EC2V 6AA
accountant
-
auditor
-
maddox 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 did not find charges/mortgages relating to maddox legal limited.
maddox legal limited Companies House Filings - See Documents
| date | description | view/download |
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