loanLoan
Capital at risk
36
Months
10.0%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

Pardoes Solicitors have been a staple in the community for nearly 100 years, offering the most experienced and qualified lawyers in the South West. Aside from their successful track record, what stands them apart is their tailored advice and guidance via their approachable staff or blog, news, and youtube channels. Continually adapting, Pardoes want to further extend their team with the funds raised and continue to put their clients first.

Quality legal advice at the heart of the community

We understand that seeking legal advice is often synonymous with stress; here at Pardoes, we aim to dispel this. We provide hassle-free, expert advice divided into four sections: personal law, commercial law, injury claims, and advocacy, the latter for which we are the largest in the South West area. This 'joined-up' approach enables us to deliver a more bespoke service to our clients, as opposed to having to reach out to a number of more distinct specialities, making the process more efficient, as our testimonies affirm.

In 2016 we were named a leading firm on the Legal 500 list, and won further awards for service to customers, our work in property disputes, and with private clients. Most important to us is our Business is the Community award: we have strong ties to our community, not only supporting generations with legal advice, but attending events such as the Yeovil Show to get out there and meet everyone!

For most clients, our website is their first point of contact, so we have included profiles for each of our expertly trained solicitors to help you find the right one for your needs. We also have a live chat feature for direct assistance, and regularly update our blog and news pages with helpful information on jargon-busting, law changes, and walking you through legal processes. Our Youtube videos serve to engage wider audiences and are accessible to all, and our frequent posts from a trainee perspective, 'The (not so) secret diaries of a Trainee Solicitor', seek to inspire and inform young people.

With the funds raised, we aim to expand our already-growing team to meet the demand that has come with our increased success.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 107k
Raised
£ 107k
Investors
315
Estimated close date
Funded 9 days ago in 9 days

Where will the funds go?

Growth Capital
£50,000
Working Capital
£56,500

Key people

Guy Andrew Adams
Llp Designated Member
Bhavani Rajaya Laxmi Hogarty
Llp Designated Member
Maeve Teresa Vickery
Llp Designated Member

Got a question for the business?

If you need more information from the business then you can ask them a question directly.
Sign In to Ask

A. The business was founded in the 20's and therefore has a long history of serving the Somerset community. We are a forward looking innovative firm that is looking to the future. We have not had any management buyout. The managing partner has been a partner since 1995.

A. The loss included a significant write off of bad debt from the clinical negligence team of £300k. We decided to cease carrying out clinical negligence work due to its high risk and long delays in concluding each case. It also included large management fees for an expensive CEO and a number of senior employees on large salaries not earning sufficient income. We took the opportunity to change the management structure and reduce overheads transforming the business very quickly back to profit.

A. The increased assets are work in progress yet to invoiced which includes £400k of personal injury wip where liability is admitted. The liabilities increase is long term creditors now reducing to less than one year into current liabilities plus an increase in trade creditors.

A. The loss included a significant write off of bad debt from the clinical negligence team of £300k. We decided to cease carrying out clinical negligence work due to its high risk and long delays in concluding each case. It also included large management fees for an expensive CEO and a number of senior employees on large salaries not earning sufficient income. We took the opportunity to change the management structure and reduce overheads transforming the business very quickly back to profit.

Up arrow

Back to the top

Business brand

Bridgwater, UK

"Quality legal advice at the heart of the community"

Incorporated
4 years, 9 months
Equifax score
68 / 100
Equifax Grading
powered by Equifax
Good score
Lending directly to businesses involves risk, including risk to your capital.
Please see our risk section before making an investment decision.

Risk warning

Investments like these involve risks including loss of capital. Please see our risk section before making an investment decision