slater heelis limited

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slater heelis limited Company Information

Share SLATER HEELIS LIMITED

Company Number

12465020

Shareholders

lawfront group limited

Group Structure

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Industry

Solicitors

 

Registered Address

1st floor crossgate house, 47-55 cross street, sale, M33 7FT

slater heelis limited Estimated Valuation

£18.4m

Pomanda estimates the enterprise value of SLATER HEELIS LIMITED at £18.4m based on a Turnover of £18.1m and 1.01x industry multiple (adjusted for size and gross margin).

slater heelis limited Estimated Valuation

£5.1m

Pomanda estimates the enterprise value of SLATER HEELIS LIMITED at £5.1m based on an EBITDA of £822.9k and a 6.18x industry multiple (adjusted for size and gross margin).

slater heelis limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of SLATER HEELIS LIMITED at £2.4m based on Net Assets of £1.4m and 1.74x industry multiple (adjusted for liquidity).

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Slater Heelis Limited Overview

Slater Heelis Limited is a live company located in sale, M33 7FT with a Companies House number of 12465020. It operates in the solicitors sector, SIC Code 69102. Founded in February 2020, it's largest shareholder is lawfront group limited with a 100% stake. Slater Heelis Limited is a young, mid sized company, Pomanda has estimated its turnover at £18.1m with unknown growth in recent years.

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Slater Heelis Limited Health Check

Pomanda's financial health check has awarded Slater Heelis Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

5 Strong

positive_score

0 Regular

positive_score

5 Weak

size

Size

annual sales of £18.1m, make it larger than the average company (£1.1m)

£18.1m - Slater Heelis Limited

£1.1m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Slater Heelis Limited

- - Industry AVG

production

Production

with a gross margin of 99.8%, this company has a lower cost of product (68.3%)

99.8% - Slater Heelis Limited

68.3% - Industry AVG

profitability

Profitability

an operating margin of -4.8% make it less profitable than the average company (9.4%)

-4.8% - Slater Heelis Limited

9.4% - Industry AVG

employees

Employees

with 223 employees, this is above the industry average (16)

223 - Slater Heelis Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £54.8k, the company has a higher pay structure (£38.4k)

£54.8k - Slater Heelis Limited

£38.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £81.4k, this is more efficient (£68.5k)

£81.4k - Slater Heelis Limited

£68.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 171 days, this is later than average (63 days)

171 days - Slater Heelis Limited

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10589 days, this is slower than average (24 days)

10589 days - Slater Heelis Limited

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Slater Heelis Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (32 weeks)

0 weeks - Slater Heelis Limited

32 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 89.3%, this is a higher level of debt than the average (45.5%)

89.3% - Slater Heelis Limited

45.5% - Industry AVG

SLATER HEELIS LIMITED financials

EXPORTms excel logo

Slater Heelis Limited's latest turnover from March 2024 is £18.1 million and the company has net assets of £1.4 million. According to their latest financial statements, Slater Heelis Limited has 223 employees and maintains cash reserves of £954 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Feb 2021
Turnover18,146,04217,083,30516,483,311
Other Income Or Grants
Cost Of Sales36,318179,06581,010
Gross Profit18,109,72416,904,24016,402,301
Admin Expenses18,981,26715,183,95015,527,166
Operating Profit-871,5431,720,290875,135
Interest Payable204,107127,073101,403
Interest Receivable1,129,213167,063105,447
Pre-Tax Profit53,5631,755,541879,179
Tax-411,098-607,312-437,778
Profit After Tax-357,5351,148,229441,401
Dividends Paid49,21452,640
Retained Profit-406,7491,095,589441,401
Employee Costs12,215,37510,594,5179,336,262
Number Of Employees2232051711
EBITDA*822,9053,320,5902,398,346

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Feb 2021
Tangible Assets454,945640,751224,759
Intangible Assets2,916,0004,429,0005,902,000
Investments & Other250,001100,001100,001
Debtors (Due After 1 year)
Total Fixed Assets3,620,9465,169,7526,226,760
Stock & work in progress
Trade Debtors8,527,0017,238,9625,503,829
Group Debtors
Misc Debtors739,138845,675733,982
Cash95421,418107,5906
misc current assets
total current assets9,267,0938,106,0556,345,4016
total assets12,888,03913,275,80712,572,1616
Bank overdraft2,222,7991,543,363978,990
Bank loan
Trade Creditors 1,053,6381,121,047666,511
Group/Directors Accounts100,001100,001100,001
other short term finances537,779345,918
hp & lease commitments
other current liabilities6,497,0674,738,2926,215,039
total current liabilities10,411,2847,848,6217,960,541
loans798,2121,038,1411,300,000
hp & lease commitments
Accruals and Deferred Income
other liabilities2,548,5412,625,702
provisions296,000103,76251,327
total long term liabilities1,094,2123,690,4443,977,029
total liabilities11,505,49611,539,06511,937,570
net assets1,382,5431,736,742634,5916
total shareholders funds1,382,5431,736,742634,5916
Mar 2024Mar 2023Mar 2022Feb 2021
Operating Activities
Operating Profit-871,5431,720,290875,135
Depreciation231,448127,30060,211
Amortisation1,463,0001,473,0001,463,000
Tax-411,098-607,312-437,778
Stock
Debtors1,181,5021,846,8266,237,811
Creditors-67,409454,536666,511
Accruals and Deferred Income1,758,775-1,476,7476,215,039
Deferred Taxes & Provisions192,23852,43551,327
Cash flow from operations1,113,909-103,3242,655,634
Investing Activities
capital expenditure
Change in Investments150,000100,001
cash flow from investments-150,000-100,001
Financing Activities
Bank loans
Group/Directors Accounts100,001
Other Short Term Loans 191,861345,918
Long term loans-239,929-261,8591,300,000
Hire Purchase and Lease Commitments
other long term liabilities-2,548,541-77,1612,625,702
share issue52,5506,562193,1846
interest925,10639,9904,044
cash flow from financing-1,618,95353,4504,222,9316
cash and cash equivalents
cash-20,464-86,172107,5846
overdraft679,436564,373978,990
change in cash-699,900-650,545-871,4066

slater heelis 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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Slater Heelis Limited Competitor Analysis

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Perform a competitor analysis for slater heelis limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in M33 area or any other competitors across 12 key performance metrics.

slater heelis limited Ownership

SLATER HEELIS LIMITED group structure

Slater Heelis Limited has 2 subsidiary companies.

SLATER HEELIS LIMITED Shareholders

lawfront group limited 100%

slater heelis limited directors

Slater Heelis Limited currently has 6 directors. The longest serving directors include Mr Simon Wallwork (Feb 2020) and Mr Mark Heptinstall (May 2021).

officercountryagestartendrole
Mr Simon WallworkEngland60 years Feb 2020- Director
Mr Mark HeptinstallEngland45 years May 2021- Director
Miss Rachel FletcherUnited Kingdom45 years Oct 2023- Director
Mr Nigel OsborneUnited Kingdom58 years May 2024- Director
Mr Neil LloydUnited Kingdom59 years May 2024- Director
Ms Cathryn SelbyUnited Kingdom54 years May 2024- Director

P&L

March 2024

turnover

18.1m

+6%

operating profit

-871.5k

-151%

gross margin

99.8%

+0.86%

turnover

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

Balance Sheet

March 2024

net assets

1.4m

-0.2%

total assets

12.9m

-0.03%

cash

954

-0.96%

net assets

Total assets minus all liabilities

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slater heelis limited company details

company number

12465020

Type

Private limited with Share Capital

industry

69102 - Solicitors

incorporation date

February 2020

age

5

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

slater heelis (horizon) limited (March 2021)

accountant

-

auditor

MHA

address

1st floor crossgate house, 47-55 cross street, sale, M33 7FT

Bank

-

Legal Advisor

-

slater heelis 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 slater heelis limited. Currently there are 0 open charges and 1 have been satisfied in the past.

slater heelis 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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slater heelis limited Companies House Filings - See Documents

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