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Thursfields Legal Limited

08829685

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

C/O KNIGHTS, NEWCASTLE-UNDER-LYME, ST5 0QW
Incorporated 02/01/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr David Andrew Beech

director · Since 14/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 53 other boards

Knights Professional Services Limited

director · Since 14/09/2024

Also on 27 other boards

Persons with Significant Control

Knights Professional Services Limited

75–100% shares

Knights, The Brampton, Newcastle-Under-Lyme, ST5 0QW

Reg: 08453370 · Companies House · Limited Company

Notified 14/09/2024

Former PSCs

Mr Nicholas Terence O'Hara

Ceased 02/03/2021

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 18/11/2014Registered 25/11/2014Satisfied 03/09/2024
Charge
satisfied

NIGEL WILLIAM DAVIES · MARK PITTAWAY · STEPHEN FRANCIS PITTS · NICHOLAS TERENCE O'HARA

Created 26/06/2014Registered 05/07/2014Satisfied 23/08/2019
Charge
satisfied

BARCLAYS BANK PLC

Created 04/06/2014Registered 06/06/2014Satisfied 05/06/2015

CompanyRankvs 1070+ SIC 99999 peers
77

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.97× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

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.

Longevity12/15 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

Going concern doubt: -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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con

Key FinancialsYear ending 30/04/2024

Turnover

£11.2M

Annual revenue

Net Worth

£4.7M

Balance sheet strength

Cash

£3.4M

Cash in the bank

Profit Before Tax

£3.3M

Bottom line earnings

Net Current Assets

£4.1M

Working capital

Current Assets

£6.1M

Current Liabilities

£2.1M

Fixed Assets

£778k

Debtors

£2.7M

Admin Expenses

£8.6M

Profit After Tax

£2.4M

117avg. employees-16

Tax at Year End

Corp tax£451k
Dividends paid-£2.6M

People Costs

Wages & salaries£5.2M
NI contributions£595k

Balance Sheet

Assets less current liabilities£4.8M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.97+£1.5M
20222.79

Derived from filed accounts. Not audited figures.