solicitors financial services (central scotland) ltd.
solicitors financial services (central scotland) ltd. Company Information
Company Number
SC191717
Next Accounts
Apr 2025
Shareholders
samuel waddell
ross alexander duguid
View AllGroup Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
38 alloa business centre, whins road, alloa, clackmannanshire, FK10 3SA
Website
sfscentralscotland.co.uksolicitors financial services (central scotland) ltd. Estimated Valuation
Pomanda estimates the enterprise value of SOLICITORS FINANCIAL SERVICES (CENTRAL SCOTLAND) LTD. at £768k based on a Turnover of £608.1k and 1.26x industry multiple (adjusted for size and gross margin).
solicitors financial services (central scotland) ltd. Estimated Valuation
Pomanda estimates the enterprise value of SOLICITORS FINANCIAL SERVICES (CENTRAL SCOTLAND) LTD. at £0 based on an EBITDA of £-15.9k and a 4.36x industry multiple (adjusted for size and gross margin).
solicitors financial services (central scotland) ltd. Estimated Valuation
Pomanda estimates the enterprise value of SOLICITORS FINANCIAL SERVICES (CENTRAL SCOTLAND) LTD. at £87k based on Net Assets of £66.7k and 1.31x industry multiple (adjusted for liquidity).
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Solicitors Financial Services (central Scotland) Ltd. Overview
Solicitors Financial Services (central Scotland) Ltd. is a dissolved company that was located in alloa, FK10 3SA with a Companies House number of SC191717. It operated in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in December 1998, it's largest shareholder was samuel waddell with a 33.3% stake. The last turnover for Solicitors Financial Services (central Scotland) Ltd. was estimated at £608.1k.
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Solicitors Financial Services (central Scotland) Ltd. Health Check
Pomanda's financial health check has awarded Solicitors Financial Services (Central Scotland) Ltd. a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £608.1k, make it smaller than the average company (£3.9m)
- Solicitors Financial Services (central Scotland) Ltd.
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (4.6%)
- Solicitors Financial Services (central Scotland) Ltd.
4.6% - Industry AVG
Production
with a gross margin of 60.2%, this company has a comparable cost of product (60.2%)
- Solicitors Financial Services (central Scotland) Ltd.
60.2% - Industry AVG
Profitability
an operating margin of -4% make it less profitable than the average company (9.9%)
- Solicitors Financial Services (central Scotland) Ltd.
9.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (12)
4 - Solicitors Financial Services (central Scotland) Ltd.
12 - Industry AVG
Pay Structure
on an average salary of £69.8k, the company has an equivalent pay structure (£69.8k)
- Solicitors Financial Services (central Scotland) Ltd.
£69.8k - Industry AVG
Efficiency
resulting in sales per employee of £152k, this is less efficient (£194.4k)
- Solicitors Financial Services (central Scotland) Ltd.
£194.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Solicitors Financial Services (central Scotland) Ltd.
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (45 days)
- Solicitors Financial Services (central Scotland) Ltd.
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Solicitors Financial Services (central Scotland) Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 104 weeks, this is more cash available to meet short term requirements (29 weeks)
104 weeks - Solicitors Financial Services (central Scotland) Ltd.
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29%, this is a lower level of debt than the average (67%)
29% - Solicitors Financial Services (central Scotland) Ltd.
67% - Industry AVG
SOLICITORS FINANCIAL SERVICES (CENTRAL SCOTLAND) LTD. financials
Solicitors Financial Services (Central Scotland) Ltd.'s latest turnover from May 2020 is estimated at £608.1 thousand and the company has net assets of £66.7 thousand. According to their latest financial statements, Solicitors Financial Services (Central Scotland) Ltd. has 4 employees and maintains cash reserves of £53.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 4 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,107 | 10,553 | 14,337 | 2,675 | 686 | 925 | 712 | ||||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 3,107 | 10,553 | 14,337 | 2,675 | 686 | 925 | 712 | ||||
| Stock & work in progress | |||||||||||
| Trade Debtors | 53,642 | 67,079 | 27,453 | 61,595 | 16,575 | 15,399 | |||||
| Group Debtors | |||||||||||
| Misc Debtors | 37,305 | 138,203 | 139,933 | 158,228 | 182,052 | ||||||
| Cash | 53,494 | 49,828 | 57,350 | 115,678 | 61,864 | 99,830 | 55,579 | 50,050 | 49,199 | 27,303 | 29,317 |
| misc current assets | |||||||||||
| total current assets | 90,799 | 188,031 | 197,283 | 273,906 | 243,916 | 153,472 | 122,658 | 77,503 | 110,794 | 43,878 | 44,716 |
| total assets | 93,906 | 198,584 | 211,620 | 276,581 | 244,602 | 154,397 | 123,370 | 77,503 | 110,794 | 43,878 | 44,716 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 1,117 | 790 | 3,591 | 282 | 62,171 | 72,046 | 51,379 | 81,009 | 30,340 | 26,167 | |
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 25,534 | 105,237 | 113,533 | 154,488 | 125,182 | ||||||
| total current liabilities | 26,651 | 106,027 | 117,124 | 154,770 | 125,182 | 62,171 | 72,046 | 51,379 | 81,009 | 30,340 | 26,167 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 21,615 | 21,615 | |||||||||
| provisions | 590 | 1,794 | |||||||||
| total long term liabilities | 590 | 1,794 | 21,615 | 21,615 | |||||||
| total liabilities | 27,241 | 107,821 | 117,124 | 154,770 | 125,182 | 62,171 | 72,046 | 51,379 | 81,009 | 51,955 | 47,782 |
| net assets | 66,665 | 90,763 | 94,496 | 121,811 | 119,420 | 92,226 | 51,324 | 26,124 | 29,785 | -8,077 | -3,066 |
| total shareholders funds | 66,665 | 90,763 | 94,496 | 121,811 | 119,420 | 92,226 | 51,324 | 26,124 | 29,785 | -8,077 | -3,066 |
| May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 8,211 | 8,161 | 7,894 | 1,616 | 415 | 387 | 238 | ||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | -100,898 | -1,730 | -18,295 | -23,824 | 128,410 | -13,437 | 39,626 | -34,142 | 45,020 | 1,176 | 15,399 |
| Creditors | 327 | -2,801 | 3,309 | 282 | -62,171 | -9,875 | 20,667 | -29,630 | 50,669 | 4,173 | 26,167 |
| Accruals and Deferred Income | -79,703 | -8,296 | -40,955 | 29,306 | 125,182 | ||||||
| Deferred Taxes & Provisions | -1,204 | 1,794 | |||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -21,615 | 21,615 | |||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 3,666 | -7,522 | -58,328 | 53,814 | -37,966 | 44,251 | 5,529 | 851 | 21,896 | -2,014 | 29,317 |
| overdraft | |||||||||||
| change in cash | 3,666 | -7,522 | -58,328 | 53,814 | -37,966 | 44,251 | 5,529 | 851 | 21,896 | -2,014 | 29,317 |
solicitors financial services (central scotland) ltd. Credit Report and Business Information
Solicitors Financial Services (central Scotland) Ltd. Competitor Analysis
Perform a competitor analysis for solicitors financial services (central scotland) ltd. by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in FK10 area or any other competitors across 12 key performance metrics.
solicitors financial services (central scotland) ltd. Ownership
SOLICITORS FINANCIAL SERVICES (CENTRAL SCOTLAND) LTD. group structure
Solicitors Financial Services (Central Scotland) Ltd. has no subsidiary companies.
Ultimate parent company
SOLICITORS FINANCIAL SERVICES (CENTRAL SCOTLAND) LTD.
SC191717
solicitors financial services (central scotland) ltd. directors
Solicitors Financial Services (Central Scotland) Ltd. currently has 3 directors. The longest serving directors include Mr Robert Marshall (Dec 2008) and Mr Samuel Waddell (Dec 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Marshall | Scotland | 78 years | Dec 2008 | - | Director |
| Mr Samuel Waddell | 72 years | Dec 2008 | - | Director | |
| Mr Ross Duguid | Scotland | 72 years | Feb 2012 | - | Director |
P&L
May 2020turnover
608.1k
-1%
operating profit
-24.1k
0%
gross margin
60.2%
+2.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2020net assets
66.7k
-0.27%
total assets
93.9k
-0.53%
cash
53.5k
+0.07%
net assets
Total assets minus all liabilities
Similar Companies
solicitors financial services (central scotland) ltd. company details
company number
SC191717
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
December 1998
age
27
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2020
previous names
solicitors financial centre (central scotland) limited (November 2005)
rgm financial services ltd. (April 2003)
accountant
MILNE CRAIG
auditor
-
address
38 alloa business centre, whins road, alloa, clackmannanshire, FK10 3SA
Bank
CLYDESDALE BANK PLC
Legal Advisor
-
solicitors financial services (central scotland) ltd. 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 solicitors financial services (central scotland) ltd..
solicitors financial services (central scotland) ltd. 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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solicitors financial services (central scotland) ltd. Companies House Filings - See Documents
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