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Priority Law Limited

05650857

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

5300 LAKESIDE, CHEADLE, SK8 3GP
Incorporated 09/12/2005

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

29/05/2026

On track

Confirmation statement

Last: 09/12/2025

Due 23/12/2026

On track

Industry

69102
Solicitors

Officers

Timothy Scott Leigh

director · Since 01/01/2016

British

Robert Joseph Macnaughton

director · Since 01/01/2016

British

Charles Edward Stratton

director · Since 01/10/2014

British

Former

Gail Adele Cantor

secretary · Resigned 01/10/2014

Carole Barton

director · Resigned 10/02/2012

Stephen Brian Cantor

director · Resigned 01/10/2014

Stephen Henry Evans Jones

director · Resigned 31/03/2012

Peter James Halpin

director · Resigned 16/10/2019

Alex Jeffery

director · Resigned 05/05/2016

Anis Waiz

director · Resigned 12/03/2010

Sarah Wellicome

director · Resigned 07/06/2024

CompanyRankvs 100+ SIC 69102 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

£3.6M

Balance sheet strength

Cash

£249k

Cash in the bank

Net Current Assets

£3.5M

Working capital

Current Assets

£6.6M

Current Liabilities

£3.0M

Fixed Assets

£381k

Debtors

£6.2M

36avg. employees-2

Tax at Year End

Corp tax£614k

Balance Sheet

Assets less current liabilities£3.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.16+£495k
20232.00

Derived from filed accounts. Not audited figures.