Talbots Law Ltd
08058015
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 09/08/2025
Due 23/08/2026
Industry
Officers
Former
director · Resigned 18/12/2013
director · Resigned 28/02/2014
director · Resigned 30/04/2014
director · Resigned 30/09/2015
director · Resigned 10/12/2015
director · Resigned 21/03/2016
director · Resigned 31/03/2020
director · Resigned 31/08/2020
director · Resigned 06/07/2021
director · Resigned 29/04/2022
director · Resigned 31/12/2024
director · Resigned 31/12/2024
Persons with Significant Control
Talbots Law Employee Ownership Trustee Limited
Morgan House, 25-27 Hagley Road, Stourbridge, DY8 1QH
Reg: 13473123 · Companies House · Private Company Limited By Guarantee Without Share Capital
Notified 02/11/2021
Former PSCs
Mrs Mary Elizabeth Morgan
Ceased 29/07/2024
Charges2 outstanding
HSBC UK BANK PLC
MARY ELIZABETH MOCKLOW
MARTYN PETER MORGAN
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
GROUND FLOOR UNIT 7 WATERFRONT BUSINESS PARK
BRIERLEY HILL
CompanyRankvs 73+ SIC 69102 peers69
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£30.1M
Annual revenue
Net Worth
£8.3M
Balance sheet strength
Cash
£3.0M
Cash in the bank
Profit Before Tax
£2.0M
Bottom line earnings
Net Current Assets
£6.3M
Working capital
Current Assets
£12.4M
Current Liabilities
£6.1M
Fixed Assets
£3.4M
Debtors
£3.3M
Cost of Sales
£4.8M
Gross Profit
£25.3M
Admin Expenses
£26.0M
Operating Profit
£2.2M
Profit After Tax
£1.6M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.04 | +£1.6M |
| 2023 | 2.20 | +£1.8M |
| 2022 | 2.11 | -£614k |
| 2020 | 1.66 | +£1.5M |
| 2019 | 1.09 | +£763k |
| 2018 | 1.51 | — |
Derived from filed accounts. Not audited figures.