AMITY LAW LIMITED Financials
- Company number
- 05490029Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- The Loweswater Suite, Second Floor Paragon House, Paragon Business Park, Chorley New Road, Horwich, Bolton, Lancashire BL6 6HG
- Incorporated
- 24/06/2005
Company snapshot
- Status
- Active
- Employees
- 9 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-1.43K%vs 20222022: £15.55K
Total Assets
24.16%vs 20222022: £95.87K
Cash in Bank
281.65%vs 20222022: £6.75K
Total Liabilities
365.39%vs 20222022: £62.49K
Employees
0vs 20222022: 9
In 2023, AMITY LAW LIMITED reported net assets of £-206.39K. The same filing shows total assets of £119.03K, cash in bank of £25.77K and total liabilities of £290.82K. Reported headcount was 9 in 2023. Total Liabilities rose from £62.49K in 2022 to £290.82K in 2023 (365.39%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-1.43K%from £15.55K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures AMITY LAW LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-314%vs 2021Cash in Bank
-81.3%vs 2021-56.8% a year compound (CAGR)
Total Assets
-59.3%vs 2021-36.2% a year compound (CAGR)
Total Liabilities
+82.9%vs 2021+35.2% a year compound (CAGR)
Employees
-25%vs 2021-3Biggest increase
Total Liabilities+82.9%
£159.02K in 2021 to £290.82K in 2023
Biggest decrease
Net Assets-314%
£96.61K in 2021 to £-206.39K in 2023
AMITY LAW LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from AMITY LAW LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -173.39%2023
- Liabilities to total assets
- 244.32%2023
- Cash to liabilities
- 8.86%2023
- Cash to total assets
- 21.65%2023
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for AMITY LAW LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 96.61K | 15.55K | -206.39K |
| Total Assets£ | 292.82K | 95.87K | 119.03K |
| Cash in Bank£ | 137.77K | 6.75K | 25.77K |
| Total Liabilities£ | 159.02K | 62.49K | 290.82K |
| Employees | 12 | 9 | 9 |
AMITY LAW LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has AMITY LAW LIMITED filed financial statements?
Yes. Okredo holds filed figures for AMITY LAW LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did AMITY LAW LIMITED report in 2023?
AMITY LAW LIMITED reported net assets of £-206.39K for 2023. That compares with £15.55K in 2022, a change of -1.43K%.
What total assets did AMITY LAW LIMITED report in 2023?
AMITY LAW LIMITED reported total assets of £119.03K for 2023. That compares with £95.87K in 2022, a change of 24.16%.
What cash in bank did AMITY LAW LIMITED report in 2023?
AMITY LAW LIMITED reported cash in bank of £25.77K for 2023. That compares with £6.75K in 2022, a change of 281.65%.
How many people does AMITY LAW LIMITED employ?
AMITY LAW LIMITED reported 9 employees in 2023, compared with 9 in 2022.
How have AMITY LAW LIMITED financials changed over the last 3 years?
Between 2021 and 2023, AMITY LAW LIMITED's net assets fell by 314%, cash in bank fell by 81.3%, total assets fell by 59.3% and total liabilities rose by 82.9%. Cash in bank contracted at 56.8% a year across the two years to 2023, from £137.77K to £25.77K. Reported headcount went from 12 in 2021 to 9 in 2023 (-3).
Which years of AMITY LAW LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.