Back to search

Privilege Solicitors Ltd

10191409

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

857 HIGH ROAD, ILFORD, IG3 8TG
Incorporated 20/05/2016

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 17/05/2025

Due 31/05/2026

On track

Industry

69102
Solicitors

Officers

Mr Imran Tousif

director · Since 20/05/2016

SOLICITOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Imran Tousif

75–100% shares

British · England · Age 45

857, High Road, Ilford, IG3 8TG

Notified 20/05/2016

CompanyRankvs 4312+ SIC 69102 peers
61

Financial strength38th percentile among SIC peers · 10/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.99× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength10/25 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.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/05/2025

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£34k

Working capital

Current Assets

£69k

Current Liabilities

£34k

Fixed Assets

£56k

3avg. employees

Tax at Year End(2024)

Corp tax£7k
VAT£6k

Director Loans(2024)

Company owes directors£39k

Balance Sheet

Assets less current liabilities£90k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.99
20241.10£120k
20230.39
20221.16+£2k
20211.67
20202.14
20191.25
20181.04

Derived from filed accounts. Not audited figures.