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Law Finance Services Limited

08950417

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

1 HIGH STREET, HARLOW, CM19 5HJ
Incorporated 20/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Matthew Trevor Reach

director · Since 20/03/2014

SOLICITOR

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Mrs Claire Reach

secretary · Since 21/03/2018

Persons with Significant Control

Mr Matthew Reach

75–100% shares

British · England · Age 43

1, High Street, Harlow, CM19 5HJ

Notified 06/04/2016

CompanyRankvs 627+ SIC 69102 peers
81

Financial strength94th percentile among SIC peers · 24/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 9.81× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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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.

Employees10/15 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.

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

Key FinancialsYear ending 31/03/2022

Net Worth

£781k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£764k

Working capital

Current Assets

£851k

Current Liabilities

£87k

Fixed Assets

£17k

3avg. employees+1

Tax at Year End(2019)

Corp tax£7k
Dividends paid£24k

Balance Sheet

Assets less current liabilities£781k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20229.81+£89k
20213.09+£186k
20204.69+£70k
20198.83

Derived from filed accounts. Not audited figures.