CHESHIRE ESTATE AND LEGAL LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -1.2%

  £14,296,490 → £14,118,708

• Cash

  -82.8%

  £2,045,446 → £352,309

• Net assets

  -69.1%

  £553,040 → £170,733

• Employees

  +27.8%

  108 → 138

  highest in 5 filed years

• Operating profit

  -95.6%

  £1,953,136 → £86,470

• Profit before tax

  -102.7%

  £1,856,821 → -£49,424

• Wages

  +49.4%

  £3,156,724 → £4,714,921

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “The business saw revenue plateau during the reporting period, with total revenues reaching £14.1 million-largely in line with the previous year-reflecting steady performance, primarily supported by our Fraud division.”
• “Following a period of significant expansion in the prior financial year, the business entered a phase of operational consolidation amidst emerging macroeconomic headwinds.”
• “In response to continued growth, marketing expenditure was increased. However, the temporary suspension of fraud reimbursements by a prominent challenger bank-pending FCA approval-negatively impacted receipts over a 12-month period.”
• “The introduction of third-party tranche investment in May 2022, facilitated through a £40 million facility, has supported revenue generation, with £6.75 million drawn to date.”
• “Board composition remains a strategic priority as we continue to ensure a robust balance of industry expertise, governance capability, and regulatory insight. During the period, the board underwent a period of consolidation, resulting in the planned departure of several executives.”
• “This year, we expanded our capabilities within the cryptocurrency space, with a focused team actively assessing market dynamics and potential areas for commercial deployment. Notably, we have developed proprietary generalive Al software, designed to assist our fee earners in the production of client correspondence.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.