glass legal limited
glass legal limited Company Information
Company Number
12075240
Registered Address
15 curzon street, derby, DE1 1LH
Industry
Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
Telephone
-
Next Accounts Due
952 days late
Group Structure
View All
Directors
Mohammad Rashid5 Years
Shareholders
neelam amin 100%
glass legal limited Estimated Valuation
Pomanda estimates the enterprise value of GLASS LEGAL LIMITED at £192.7k based on a Turnover of £416.6k and 0.46x industry multiple (adjusted for size and gross margin).
glass legal limited Estimated Valuation
Pomanda estimates the enterprise value of GLASS LEGAL LIMITED at £785.1k based on an EBITDA of £248.8k and a 3.16x industry multiple (adjusted for size and gross margin).
glass legal limited Estimated Valuation
Pomanda estimates the enterprise value of GLASS LEGAL LIMITED at £330k based on Net Assets of £201.5k and 1.64x industry multiple (adjusted for liquidity).
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Glass Legal Limited Overview
Glass Legal Limited is a live company located in derby, DE1 1LH with a Companies House number of 12075240. It operates in the activities of patent and copyright agents sector, SIC Code 69109. Founded in June 2019, it's largest shareholder is neelam amin with a 100% stake. Glass Legal Limited is a young, micro sized company, Pomanda has estimated its turnover at £416.6k with unknown growth in recent years.
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Glass Legal Limited Health Check
Pomanda's financial health check has awarded Glass Legal Limited a 3 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
2 Regular
4 Weak
Size
annual sales of £416.6k, make it in line with the average company (£420.8k)
- Glass Legal Limited
£420.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Glass Legal Limited
- - Industry AVG
Production
with a gross margin of 37.4%, this company has a higher cost of product (61.1%)
- Glass Legal Limited
61.1% - Industry AVG
Profitability
an operating margin of 59.7% make it more profitable than the average company (15.5%)
- Glass Legal Limited
15.5% - Industry AVG
Employees
with 7 employees, this is above the industry average (5)
7 - Glass Legal Limited
5 - Industry AVG
Pay Structure
on an average salary of £30k, the company has an equivalent pay structure (£30k)
- Glass Legal Limited
£30k - Industry AVG
Efficiency
resulting in sales per employee of £59.5k, this is less efficient (£73.9k)
- Glass Legal Limited
£73.9k - Industry AVG
Debtor Days
it gets paid by customers after 171 days, this is later than average (50 days)
- Glass Legal Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (32 days)
- Glass Legal Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Glass Legal Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Glass Legal Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.9%, this is a lower level of debt than the average (61.9%)
1.9% - Glass Legal Limited
61.9% - Industry AVG
GLASS LEGAL LIMITED financials
Glass Legal Limited's latest turnover from June 2020 is estimated at £416.6 thousand and the company has net assets of £201.5 thousand. According to their latest financial statements, Glass Legal Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2020 | |
|---|---|
| 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 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2020 | |
|---|---|
| Tangible Assets | 9,751 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 9,751 |
| Stock & work in progress | 0 |
| Trade Debtors | 195,713 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 195,713 |
| total assets | 205,464 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 3,975 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 3,975 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 3,975 |
| net assets | 201,489 |
| total shareholders funds | 201,489 |
| Jun 2020 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 195,713 |
| Creditors | 3,975 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
glass legal limited Credit Report and Business Information
Glass Legal Limited Competitor Analysis
Perform a competitor analysis for glass legal limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in DE1 area or any other competitors across 12 key performance metrics.
glass legal limited Ownership
GLASS LEGAL LIMITED group structure
Glass Legal Limited has no subsidiary companies.
Ultimate parent company
GLASS LEGAL LIMITED
12075240
glass legal limited directors
Glass Legal Limited currently has 1 director, Mr Mohammad Rashid serving since Jun 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammad Rashid | England | 86 years | Jun 2019 | - | Director |
P&L
June 2020turnover
416.6k
0%
operating profit
248.8k
0%
gross margin
37.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2020net assets
201.5k
0%
total assets
205.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
glass legal limited company details
company number
12075240
Type
Private limited with Share Capital
industry
69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
incorporation date
June 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2020
previous names
glass mortgages limited (August 2020)
accountant
-
auditor
-
address
15 curzon street, derby, DE1 1LH
Bank
-
Legal Advisor
-
glass 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 glass legal limited.
glass legal limited Companies House Filings - See Documents
| date | description | view/download |
|---|
