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Your Local Family Solicitors Limited

09935667

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

21 SANDFORD STREET, LICHFIELD, WS13 6QA
Incorporated 05/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Garfield Wallett

director · Since 05/01/2016

SOLIITOR

BRITISH · ENGLAND · Age 61

Ms Sarah Harrod

director · Since 25/10/2019

OFFICE MANAGER

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Garfield Wallett

25–50% shares

British · England · Age 61

21, Sandford Street, Lichfield, WS13 6QA

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 14/02/2023Registered 15/02/2023
Charge
outstanding

LLOYDS BANK PLC

Created 05/10/2022Registered 07/10/2022

CompanyRankvs 1040+ SIC 69102 peers
68

Financial strength82th percentile among SIC peers · 21/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.16× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees11/15 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.

Longevity11/15 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 31/01/2026

Net Worth

£229k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£145k

Working capital

Current Assets

£191k

Current Liabilities

£46k

Fixed Assets

£167k

4avg. employees

Balance Sheet

Assets less current liabilities£312k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20264.16+£0
20264.16+£63k
20252.58-£17k
20246.54-£4k
20234.02

Derived from filed accounts. Not audited figures.