Msl Legal Expenses Ltd
02210857
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 31/12/2025
Due 14/01/2027
Industry
Officers
director · Since 01/01/2006
DIRECTOR
ENGLISH · ENGLAND · Age 47
Also on 21 other boards
director · Since 01/07/2015
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 9 other boards
director · Since 01/07/2020
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 3 other boards
director · Since 17/01/2025
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 4 other boards
Persons with Significant Control
Drive Further Ltd
5400, Lakeside, Cheadle, SK8 3GQ
Reg: 08197723 · Cardiff · Limited Company
Notified 19/09/2019
Former PSCs
Mr Nicholas David Garner
Ceased 19/09/2019
Charges1 outstanding
FINANCIAL & LEGAL INSURANCE COMPANY LIMITED
BARCLAYS BANK PLC
ALDERMORE BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
VERNON BUILDING SOCIETY
MIDLAND BANK PLC
MIDLAND BANK PLC
CompanyRankvs 198+ SIC 65120 peers70
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£1.6M
Balance sheet strength
Cash
£80k
Cash in the bank
Net Current Assets
£1.5M
Working capital
Current Assets
£11.1M
Current Liabilities
£9.6M
Fixed Assets
£208k
Debtors
£11.0M
Profit After Tax
-£709k
Tax at Year End(2023)
Director Loans(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.16 | -£709k | — |
| 2023 | 1.26 | +£318k | — |
| 2022 | 1.36 | +£0 | — |
| 2022 | 1.36 | +£503k | — |
| 2021 | 1.47 | +£10k | £1.7M |
| 2020 | 1.41 | -£30k | £4.6M |
| 2019 | 1.35 | +£72k | £2.9M |
| 2018 | 1.29 | +£207k | £4.5M |
| 2017 | 1.54 | — | £4.1M |
Derived from filed accounts. Not audited figures.