The Firmwatch take
Smooth Law Limited (07387835) currently shows: Watch signal detected, based on accounts to 30 March 2025; last refreshed 24 May 2026. Cautionary signals appear on this company's public record.
Companies House source·Accounts to 30 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
27 September 2010
15 years on the register
Sector
Solicitors
SIC 69102
Size
Not classified
Net assets
£4k
Below sector median
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Analytics
Risk, value and sector comparison
Insolvency risk
22/100
watch risk
Estimated public-data value
£2,941 - £5,293
medium confidence - net asset range
Sector comparison
Sector: Legal
Sample: 11,813 companies
Negative net assets: 10.2%
- Net assets vs sector median
- -£2,487
- Working capital vs sector median
- -£14,157
- Sector median current ratio
- 1.73
Thin net asset buffer
The company reports a small visible net asset position.
Limited working capital
The short-term asset buffer is positive but small.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Below sector median · Sector medians shown for 11,813 filers in this sector (2025).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£1,508,544
Current liabilities
Amounts due within one year (short-term creditors).
£1,505,430
Working capital
Current assets minus current liabilities.
£3,114
Median £17k
Fixed assets
Long-term tangible and intangible assets.
£807
Total assets less current liabilities
Fixed assets plus working capital.
£3,921
Net assets
What's left after liabilities are deducted from assets.
£3,921
Median £6k
Equity (capital & reserves)
Shareholder funds.
£600
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
1.0×
Median 1.7×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.