Law Abroad Limited in Hemel Hempstead, HP3 0DR

Description

Data updated on: 01-11-2023

Law Abroad Limited has existed on the market for at least twenty seven years. Started with registration number 03384650 in the year 1997, it is based at Firsdon Bushfield Road, Hemel Hempstead HP3 0DR. It switched its registered name two times. Before 2003 this firm has provided the services it's been known for as No Win No Fee but now this firm operates under the name Law Abroad Limited. The enterprise's classified under the NACE and SIC code 69102 meaning Solicitors. Law Abroad Ltd reported its latest accounts for the financial period up to 2022-10-30. The company's most recent confirmation statement was released on 2023-06-11.

The following limited company owes its accomplishments and constant development to a team of two directors, specifically Phoebe R. and Kerry U., who have been supervising the company for one year. In order to provide support to the directors, the limited company has been using the skills of Phoebe R. as a secretary for the last one year.

Kerry U. is the individual who has control over this firm, owns over 3/4 of company shares.

Previous company's names
Law Abroad Limited 2003-10-23
No Win No Fee Limited 1998-04-07
Solicitors Support Services Limited 1997-06-11

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	87 869	67 901	107 739	51 758

Balance Sheet
Cash Bank On Hand				41 237	796 157	4 441	11 896	1 892	125	125
Current Assets	243 069	338 237	439 044	105 963	76 062	107 581	172 810	213 655	222 316	1 213 338	1 148 543
Debtors	219 940	240 386	289 603	64 726	72 039	103 140	160 914	211 763	222 191	209 980
Net Assets Liabilities						41 269	2 000	6 466	5 545	22 192	8 897
Other Debtors					25 481				40 464	84 893
Property Plant Equipment				7 254	3 893	2 345	936	8 176	6 541	5 233
Cash Bank In Hand	11 032	972	52 562	41 237
Intangible Fixed Assets	300 000	262 500	225 000	187 500
Stocks Inventory	12 097	96 879	96 879
Tangible Fixed Assets	20 796	12 435	3 027	7 254

Capital & Reserves
Called Up Share Capital	51 000	51 000	51 000	51 000
Profit Loss Account Reserve	36 869	16 901	56 739	758
Shareholder Funds	87 869	67 901	107 739	51 758

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets				187 500	225 000	262 500	300 000	337 500	356 250	375 000
Accumulated Depreciation Impairment Property Plant Equipment				46 833	50 194	51 742	53 151	54 087	55 722	57 030
Amounts Owed By Group Undertakings Participating Interests									105 422	57 795
Average Number Employees During Period					6	4	4	6	6	4	7
Bank Borrowings Overdrafts	18 347	57 159			46 445	43 665	23 187	36 797	50 000	86 667
Creditors				248 959	213 904	181 157	23 187	36 797	50 000	1 167 163	1 133 362
Depreciation Rate Used For Property Plant Equipment										20
Fixed Assets	320 796	274 935	228 027	194 754	153 893	114 845	75 936	45 676	25 291	5 233	4 335
Increase From Amortisation Charge For Year Intangible Assets					37 500	37 500	37 500	37 500	18 750	18 750
Increase From Depreciation Charge For Year Property Plant Equipment					3 361	1 548	1 409	936	1 635	1 308
Intangible Assets				187 500	150 000	112 500	75 000	37 500	18 750
Intangible Assets Gross Cost				375 000	375 000	375 000	375 000	375 000	375 000	375 000
Net Current Assets Liabilities	-232 927	-207 034	-120 288	-142 996	-137 842	-73 576	-50 749	-2 413	30 254	60 426	35 229
Other Creditors				154 343	860 029	-243			32 321	7 884
Other Taxation Social Security Payable				94 616	99 491	28 752	28 407	28 601	27 827	57 055
Payments To Related Parties									10 510	21 235
Pension Other Post-employment Benefit Costs Other Pension Costs									3 699	3 139
Property Plant Equipment Gross Cost				54 087	54 087	54 087	54 087	62 263		62 263
Social Security Costs									8 430	6 217
Staff Costs Employee Benefits Expense									163 082	125 079
Total Assets Less Current Liabilities	87 869	67 901	107 739	51 758	16 051	41 269	25 187	43 263	55 545	65 659	39 564
Trade Creditors Trade Payables					73	11 285	6 448	1 505	2 259	4 873
Trade Debtors Trade Receivables				64 726	46 558	17 597	75 069	98 236	76 305	67 292
Wages Salaries									150 953	115 723
Advances Credits Directors								14 217	28 198	57 658
Advances Credits Made In Period Directors									42 700
Advances Credits Repaid In Period Directors									285
Audit Fees Expenses	3 000	3 965	4 550
Accrued Liabilities					62 500	21 719	23 275	4 200	4 801
Administrative Expenses	404 445	417 784	463 252	525 003	557 003
Amortisation Expense Intangible Assets				37 500	37 500
Amortisation Intangible Assets Expense	37 500	37 500	37 500	37 500
Bank Borrowings					36 318		23 187	36 797	32 330
Bank Overdrafts					10 127	43 665		31 596	31 485
Corporation Tax Payable					27 286	31 844	6 437	17 919	18 078
Cost Sales	10 496	-2 025	-23 075	24 435	19 261
Creditors Due Within One Year	475 996	545 271	559 332	248 959
Debtors Due Within One Year	219 940	240 386	289 603	64 726
Depreciation Expense Property Plant Equipment				2 818	3 361
Depreciation Tangible Fixed Assets Expense	9 199	9 408	9 408	2 818
Gross Profit Loss	479 141	473 593	600 142	544 175	649 335
Intangible Fixed Assets Aggregate Amortisation Impairment	75 000	112 500	150 000	187 500
Intangible Fixed Assets Amortisation Charged In Period		37 500	37 500	37 500
Intangible Fixed Assets Cost Or Valuation	375 000	375 000	375 000
Interest Payable Similar Charges	390	4 016	1 934
Interest Payable Similar Charges Finance Costs					6 254
Number Shares Allotted		51 000	51 000	51 000
Operating Profit Loss	74 696	55 809	137 180	19 172	92 332
Other Creditors Due Within One Year	397 148	429 639	452 267	154 343
Other Interest Receivable Similar Income	86	2 583	59	15
Other Interest Receivable Similar Income Finance Income				15
Other Operating Income			290
Par Value Share		1	1	1
Prepayments					10 000		3 044	36 797	12 266
Profit Loss				14 812	21 293
Profit Loss For Period	73 395	47 132	104 818	14 812
Profit Loss On Ordinary Activities Before Tax	74 392	54 376	135 305	19 187	86 078
Share Capital Allotted Called Up Paid	51 000	51 000	51 000	51 000
Tangible Fixed Assets Additions		1 047		7 045
Tangible Fixed Assets Cost Or Valuation	45 995	47 042	47 042	54 087
Tangible Fixed Assets Depreciation	25 199	34 607	44 015	46 833
Tangible Fixed Assets Depreciation Charged In Period		9 408	9 408	2 818
Taxation Social Security Due Within One Year	60 501	58 473	107 065	94 616
Tax On Profit Or Loss On Ordinary Activities	997	7 244	30 487	4 375
Tax Tax Credit On Profit Or Loss On Ordinary Activities				4 375	64 785
Total Additions Including From Business Combinations Property Plant Equipment								8 176
Total Borrowings					46 445	43 665		31 596	63 815
Total Dividend Payment		67 100	64 980	70 793
Turnover Gross Operating Revenue	489 637	471 568	577 067	568 610
Turnover Revenue				568 610	668 596
U K Current Corporation Tax	16 255	13 654	30 487	4 375
Director Remuneration	14 862	15 074	15 516	17 014
Accrued Liabilities Not Expressed Within Creditors Subtotal										6 800	4 000
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal										14 251	20 048