PROPERTY LEGAL (MANCHESTER) LIMITED
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Cash
£2M
-33.2% vs 2024
Net assets
£3.3M
+10.1% highest in 6 filed years
Employees
216
+18.7% highest in 6 filed years
Profit before tax
£1.1M
-54.8% first positive since 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £10,044,000 | £12,902,252 | £14,171,022 | £15,046,356 | £17,184,200 | £18,847,000 | +9.7% | |
| Operating profit | £1,083,497 | £971,202 | £964,551 | -£352,258 | £2,498,419 | £1,151,071 | -53.9% | |
| Profit before tax | £1,081,458 | £915,655 | £922,176 | -£480,902 | £2,348,936 | £1,061,537 | -54.8% | |
| Net profit | £890,110 | £768,719 | £750,540 | -£538,521 | £1,818,917 | £865,724 | -52.4% | |
| Cash | £3,231,332 | £1,863,380 | £2,707,342 | £1,929,630 | £3,058,870 | £2,042,064 | -33.2% | |
| Total assets less current liabilities | £4,640,716 | £4,265,611 | £4,064,471 | £2,549,851 | £3,505,492 | £3,952,094 | +12.7% | |
| Net assets | £2,640,716 | £2,699,435 | £2,842,025 | £1,699,304 | £3,019,804 | £3,323,528 | +10.1% | |
| Equity | £2,640,716 | £2,699,435 | £2,842,025 | £1,699,304 | £3,019,804 | £3,323,528 | +10.1% | |
| Average employees | 176 | 195 | 197 | 199 | 182 | 216 | +18.7% | |
| Wages | £4,810,395 | £5,864,565 | £6,124,179 | £6,139,605 | £5,957,521 | £7,447,839 | +25% | |
| Directors' remuneration | £217,290 | £262,542 | £294,655 | £347,801 | £441,108 | £476,888 | +8.1% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | 10.8% | 7.5% | 6.8% | -2.3% | 14.5% | 6.1% | |
| Net margin | 8.9% | 6.0% | 5.3% | -3.6% | 10.6% | 4.6% | |
| Return on capital employed | 23.3% | 22.8% | 23.7% | -13.8% | 71.3% | 29.1% | |
| Current ratio | — | — | — | 1.86x | 1.97x | 2.20x | |
| Interest cover | 45.87x | 17.18x | 16.21x | -2.74x | 16.71x | 12.86x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- PROPERTY LEGAL (MANCHESTER) LIMITED · parent
- PLS EBT Limited 100%
Significant events
- “On 30th December 2025, PLS EBT Limited, the 100% owned subsidiary, ceased trading and is in the process of being struck off the register.”
- “On 21 October 2025 the company received a PII loan of £1.4M at 2.75% over base over a 4 year period and received a bank facility extension of an extra £1m.”
- “From 8th May 2026 Property Legal (Manchester) Limited is now wholly owned by PLS Holdco Limited anc PLS Lawyers Private Limited (a related party), became a fellow subsidiary within this new group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
16 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAKSH, Jordan Matthew | Director | 2026-06-09 | Nov 1992 | British |
| CARRUTHERS, Dean Andrew | Director | 2023-02-02 | Sep 1988 | British |
| CHADHA, Ruminder | Director | 2015-06-14 | May 1982 | Indian |
| CULLEY, Rebecca Amy | Director | 2024-10-03 | Nov 1991 | British |
| DE VARES, Kieran Howard | Director | 2021-06-01 | Dec 1989 | British |
| DHAND, Aashim | Director | 2010-11-25 | Jul 1981 | British |
| FULTON, Rebecca | Director | 2021-05-20 | Aug 1984 | British |
| HICKEY, Daniel Edward | Director | 2015-07-17 | Mar 1972 | British |
| JONES, Sian Muriel | Director | 2024-10-03 | Jul 1991 | British |
| LYNOTT, Tegen Spring | Director | 2025-07-29 | Mar 1998 | British |
| MCGRATH, Michael Andrew | Director | 2026-05-28 | Jan 1967 | British |
| MCGREGOR, Claire Louise | Director | 2024-10-03 | Feb 1975 | British |
| MILLICAN, Sarah Jane | Director | 2023-02-02 | Apr 1973 | British |
| MURPHY, Ashleigh Louise | Director | 2025-08-21 | Aug 1991 | British |
| RIMMER, Anthony | Director | 2025-05-13 | Feb 1983 | British |
| THOMAS, Robert Charles Elgar | Director | 2010-11-25 | May 1982 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOWDEN, Victoria | Secretary | 2017-10-15 | 2018-05-10 |
| DERRIG-SWAINE, Christopher James | Secretary | 2014-10-31 | 2017-10-15 |
| EATON, Carol | Secretary | 2013-11-24 | 2014-10-31 |
| WALSH, Michael | Secretary | 2012-11-23 | 2013-11-25 |
| SOUTH MANCHESTER SOLICITORS LIMITED | Corporate Secretary | 2010-11-25 | 2012-11-21 |
| BAKER, William Glyn Charles | Director | 2014-01-03 | 2019-03-08 |
| CALDECOTT, Jane | Director | 2017-10-15 | 2018-10-18 |
| CHA, Walter Jen Bang | Director | 2017-10-14 | 2019-05-31 |
| COPE, Graham Anthony | Director | 2025-07-14 | 2026-01-31 |
| DEAN, Naeem | Director | 2015-07-17 | 2015-12-17 |
| EATON, Carol | Director | 2013-11-24 | 2013-11-24 |
| EGERTON, Claire Louise | Director | 2014-01-03 | 2017-10-24 |
| GUEST, Nicholas William | Director | 2023-06-13 | 2026-02-06 |
| JORDAN, Catherine | Director | 2014-01-03 | 2022-05-06 |
| MATTHEWS, Philip Nicholas | Director | 2018-03-07 | 2018-05-18 |
| MATTHEWS, Philip Nicholas | Director | 2018-02-01 | 2018-02-02 |
| MCLOUGHLIN, Danielle | Director | 2017-10-15 | 2017-10-31 |
| MEDLICOTT, Jack Anthony | Director | 2017-10-15 | 2017-10-31 |
| PAVEY, Adam | Director | 2012-01-04 | 2015-06-17 |
| STEATHAM, Adrienne | Director | 2024-10-03 | 2025-07-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pls Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-05-01 | Active |
| Aashim Dhand | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2026-05-01 |
| Robert Thomas | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2026-05-01 |
Filing timeline
Last 20 of 121 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-05-20 MA Memorandum articles
- 2026-05-20 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-23 | AA | accounts | Accounts with accounts type full | |
| 2026-06-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-01 | CH01 | officers | Change person director company with change date | |
| 2026-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-20 | MA | incorporation | Memorandum articles | |
| 2026-05-20 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-18 | SH08 | capital | Capital name of class of shares | |
| 2026-05-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-05-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-05-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-02-10 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-05 | CH01 | officers | Change person director company with change date | |
| 2026-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-02 | CH01 | officers | Change person director company with change date | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-20 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 19
- Capital events
- 1
- Officers appointed
- 4
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.