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Priority Law Limited

05650857

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

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

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

29/05/2027

On track

Confirmation statement

Last: 09/12/2025

Due 23/12/2026

On track

Industry

69102
Solicitors

Officers

Mr Charles Edward Stratton

director · Since 01/10/2014

SOLICITOR

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Mr Timothy Scott Leigh

director · Since 01/01/2016

SOLICITOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Mr Robert Joseph Macnaughton

director · Since 01/01/2016

SOLICITOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Pl (Eot)

75–100% shares
75–100% votes
Appoint directors

C/O Bourse, St Brandon’S House, Bristol, BS1 5QT

Reg: 15909343 · Companies House · Private Company Limited By Guarantee Governed By The Law Of England And Wales

Notified 09/04/2025

Former PSCs

Priority Law Holdings Limited

Ceased 11/06/2020

Mr Charles Edward Stratton

Ceased 09/04/2025

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/05/2020Registered 22/05/2020

CompanyRankvs 589+ SIC 69102 peers
71

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.26× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity12/20 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.

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 31/08/2025

Net Worth

£894k

Balance sheet strength

Cash

£156k

Cash in the bank

Net Current Assets

£710k

Working capital

Current Assets

£3.5M

Current Liabilities

£2.8M

Fixed Assets

£516k

Debtors

£3.3M

34avg. employees-2

Tax at Year End(2024)

Corp tax£614k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.26-£2.7M
20242.16+£495k
20232.00

Derived from filed accounts. Not audited figures.