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Clear Legal Limited

05990386

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNITS 115-119 TIMBER WHARF 42-50 WORSLEY STREET, MANCHESTER, M15 4LD
Incorporated 07/11/2006

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

29/06/2026

On track

Confirmation statement

Last: 07/11/2025

Due 21/11/2026

On track

Industry

69102
Solicitors

Officers

Mathew John Corbett

director · Since 18/12/2006

SOLICITOR

BRITISH · UNITED KINGDOM · Age 53

Mrs Nicola Dacre Corbett

director · Since 01/12/2011

SOLICITOR

BRITISH · ENGLAND · Age 53

Mr Darren Peter Nicholas Gray

director · Since 01/04/2021

SOLICITOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Matthew John Corbett

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

British · England · Age 51

Units 115-119 Timber Wharf, 42-50 Worsley Street, Manchester, M15 4LD

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

PRL LEGAL FUNDING LTD

Created 16/07/2025Registered 16/07/2025
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 19/01/2017Registered 23/01/2017

CompanyRankvs 442+ SIC 69102 peers
73

Financial strength99th percentile among SIC peers · 25/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 6.37× · 20/20
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 strength25/25 pts

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

Employees8/15 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.

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 30/09/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£47

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£2.8M

Current Liabilities

£434k

Debtors

£2.8M

2avg. employees

Tax at Year End

VAT£5k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20246.37+£210k£101k
20234.58-£623k£89k
20226.76-£123k£2k
202110.23-£116k£252k
20206.92

Derived from filed accounts. Not audited figures.