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Prime Law Solicitors Ltd

10257814

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

CRANBROOK HOUSE SUITE 3A 61, ILFORD, IG1 4PG
Incorporated 29/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Safdar Ali

director · Since 01/02/2019

SOLICITOR

BRITISH · ENGLAND · Age 52

Mr Zulfiqar Ali Ranjha

director · Since 01/11/2019

FOREIGN LAWYER

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Safdar Ali

75–100% shares
75–100% votes
Appoint directors

British · England · Age 52

Cranbrook House Suite 3a, 61, Ilford, IG1 4PG

Notified 01/02/2019

Mr Zulfiqar Ali Ranjha

25–50% shares
25–50% votes
Appoint directors

British · England · Age 54

Cranbrook House Suite 3a, 61, Ilford, IG1 4PG

Notified 01/11/2019

Former PSCs

Mr Faiz Ahmad

Ceased 01/11/2019

CompanyRankvs 2701+ SIC 69102 peers
67

Financial strength56th percentile among SIC peers · 14/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 12.96× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees8/15 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.

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 31/03/2025

Net Worth

£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£49k

Working capital

Current Assets

£53k

Current Liabilities

£4k

Fixed Assets

£8k

2avg. employees-1

Balance Sheet

Assets less current liabilities£57k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202512.96+£2k
20245.31+£2k
20235.91+£796
20224.47-£959
20218.23+£3k
20203.71+£12k
20190.72-£11k
20181.63

Derived from filed accounts. Not audited figures.