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Preston Law Firm Limited

12301315

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

Windsor House, 5a King Street, Newcastle-Under-Lyme, ST5 1EH
Incorporated 06/11/2019

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

69102
Solicitors

Officers

Mr Richard David Preston

director · Since 06/11/2019

SOLICITOR

BRITISH · ENGLAND · Age 47

Also on 4 other boards

Richard David Preston

director · Since 06/11/2019

British · England · Age 47

Former

Ms Clare Anne Challinor

secretary · Resigned 06/07/2026

Clare Anne Challinor

secretary · Resigned 06/07/2026

Persons with Significant Control

Mr Richard David Preston

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

British · England · Age 47

Windsor House, 5a King Street, Newcastle-Under-Lyme, ST5 1EH

Notified 06/11/2019

Change History

statusactive
2026-07-15

Active

typeltd
2026-07-15

Private Limited Company

address line1Windsor House
2026-07-15

WINDSOR HOUSE

post townNewcastle-Under-Lyme
2026-07-15

NEWCASTLE-UNDER-LYME

CompanyRankvs 2106+ SIC 69102 peers
71

Financial strength83th percentile among SIC peers · 21/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 4.23× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

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.

Longevity7/15 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 28/02/2025

Net Worth

£236k

Balance sheet strength

Cash

£271k

Cash in the bank

Net Current Assets

£242k

Working capital

Current Assets

£317k

Current Liabilities

£75k

Fixed Assets

£28k

Debtors

£45k

2avg. employees

Balance Sheet

Assets less current liabilities£269k
Signed by Mr Richard Preston 19/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.23+£20k
202413.75
20238.16

Derived from filed accounts. Not audited figures.