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Distinction Law Limited

12997593

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

86-90 PAUL STREET, LONDON, EC2A 4NE
Incorporated 04/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Adam Charles Rooney

director · Since 04/11/2020

DIRECTOR

IRISH,BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Adam Charles Rooney

Significant control

Irish,British · England · Age 51

Ewropa Business Centre, Level 3, Suite 701, Birkirkara, BKR9 034

Notified 04/11/2020

CompanyRankvs 3303+ SIC 69102 peers
64

Financial strength75th percentile among SIC peers · 19/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 3.3× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees4/15 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.

Longevity6/15 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 31/12/2024

Net Worth

£121k

Balance sheet strength

Cash

£110k

Cash in the bank

Net Current Assets

£117k

Working capital

Current Assets

£168k

Current Liabilities

£51k

Fixed Assets

£4k

Debtors

£57k

1avg. employees

Tax at Year End

Corp tax-£1k

Director Loans

Company owes directors£45

Balance Sheet

Assets less current liabilities£121k
Signed by Mr Adam Rooney 12/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.30+£15k
202312.67-£9k£10k
20223.64+£42k£10k
20212.86£63k

Derived from filed accounts. Not audited figures.