Company Overview
Prosperity Law Llp is listed at the official companies registry as Active Limited Liability Partnership. The company was incorporated on Thursday 09 October 2008, so this is a well established company. Prosperity Law Llp has been in business for 17 years and 5 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Vantage Point 4 Hardman Street, Spinningfields, Manchester, M3 3HF
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Companies House Data
Company NamePROSPERITY LAW LLP
Company NumberOC340697
Registered Office AddressVantage Point 4 Hardman Street
 Spinningfields
 M3 3HF
Company CategoryLimited Liability Partnership
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date09/10/2008
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date06/11/2016
Returns Last Made Up Date09/10/2015
Previous Company NameChanged Date
SMETHURST & PAGE LLP10 Dec 2009
Directors & Members
Show Resigned
Andrew Farrell - LLP Designated Member
(53 years old, born July 1973)
Appointed 14 February 2023
 Active
Judith O'brien - LLP Member
(58 years old, born February 1968)
Appointed 22 July 2024
 Active
Karen Piontek - LLP Member
(45 years old, born January 1981)
Appointed 02 January 2024
 Active
Edward Smethurst - LLP Designated Member
(58 years old, born October 1968)
Appointed 09 October 2008
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Andrew Farrell
No companies found
Judith O'brien
No companies found
Karen Piontek
No companies found
Edward Smethurst
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Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Aug-2015 31-Aug-2014
Balance Sheet
Fixed Assets 61,260 61,260 72,459
Current Assets 278,621 278,621 149,886
Creditors Due Within One Year 73,540 73,540 82,290
Working Cap 205,081 205,081 67,596
Total Assets Less Current Liabilities 266,341 266,341 140,055
Long-term Liabilities 0 0 0
Net Assets 266,341 266,341 140,055
Share Capital & Reserves
Share Cap 0 0 0
Profit & Loss Reserves 0 0 0
Other Reserves 266,341 266,341 140,055
Shareholders Funds 266,341 266,341 140,055
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Aug-2015 31-Aug-2014
Tangible Fixed Assets - - -
Fixed Assets 18.0% 18.0% 32.6%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 58.6% 58.6% 42.6%
Cash Bank In Hand 23.4% 23.4% 24.8%
Current Assets 82.0% 82.0% 67.4%
Creditors Due Within One Year 21.6% 21.6% 37.0%
Net Current Assets Liabilities 60.3% 60.3% 30.4%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 78.4% 78.4% 63.0%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 0.0% 0.0% 0.0%
Shareholder Funds 78.4% 78.4% 63.0%
Capital Employed - - -
Total Assets Less Current Liabilities 78.4% 78.4% 63.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Aug-2015 31-Aug-2014
Liquidity Ratio 3.8 3.8 1.8
Solvency Ratio 4.6 4.6 2.7
Reserves to Assets 0.0 0.0 0.0
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Aug-2015 31-Aug-2014
Assets 339,881 339,881 222,345
Debt 73,540 73,540 82,290
Net Assets/Debt 266,341 266,341 140,055

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings

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