BRIGHT & SONS (SOLICITORS) LIMITED Financials
- Company number
- 08373641Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- West House, West Square, Maldon, Essex CM9 6HA
- Incorporated
- 24/01/2013
Company snapshot
- Status
- Active
- Employees
- 54 (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
3.44%vs 20222022: £683.87K
Total Assets
11.23%vs 20222022: £3.12M
Cash in Bank
27.43%vs 20222022: £64.37K
Total Liabilities
19.00%vs 20222022: £2.09M
Employees
0vs 20222022: 54
In 2023, BRIGHT & SONS (SOLICITORS) LIMITED reported net assets of £707.40K. The same filing shows total assets of £3.47M, cash in bank of £82.03K and total liabilities of £2.49M. Reported headcount was 54 in 2023. Total Liabilities rose from £2.09M in 2022 to £2.49M in 2023 (19.00%). 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
3.44%from £683.87K 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 BRIGHT & SONS (SOLICITORS) LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+28.4%vs 2021+13.3% a year compound (CAGR)
Cash in Bank
-79.1%vs 2021-54.2% a year compound (CAGR)
Total Assets
+12.6%vs 2021+6.1% a year compound (CAGR)
Total Liabilities
+5.1%vs 2021+2.5% a year compound (CAGR)
Employees
+3.8%vs 2021+2Biggest increase
Net Assets+28.4%
£550.90K in 2021 to £707.40K in 2023
Biggest decrease
Cash in Bank-79.1%
£391.67K in 2021 to £82.03K in 2023
BRIGHT & SONS (SOLICITORS) LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BRIGHT & SONS (SOLICITORS) 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
- 20.41%2023
- Liabilities to total assets
- 71.88%2023
- Cash to liabilities
- 3.29%2023
- Cash to total assets
- 2.37%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 BRIGHT & SONS (SOLICITORS) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 550.90K | 683.87K | 707.40K |
| Total Assets£ | 3.08M | 3.12M | 3.47M |
| Cash in Bank£ | 391.67K | 64.37K | 82.03K |
| Total Liabilities£ | 2.37M | 2.09M | 2.49M |
| Employees | 52 | 54 | 54 |
BRIGHT & SONS (SOLICITORS) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has BRIGHT & SONS (SOLICITORS) LIMITED filed financial statements?
Yes. Okredo holds filed figures for BRIGHT & SONS (SOLICITORS) LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did BRIGHT & SONS (SOLICITORS) LIMITED report in 2023?
BRIGHT & SONS (SOLICITORS) LIMITED reported net assets of £707.40K for 2023. That compares with £683.87K in 2022, a change of 3.44%.
What total assets did BRIGHT & SONS (SOLICITORS) LIMITED report in 2023?
BRIGHT & SONS (SOLICITORS) LIMITED reported total assets of £3.47M for 2023. That compares with £3.12M in 2022, a change of 11.23%.
What cash in bank did BRIGHT & SONS (SOLICITORS) LIMITED report in 2023?
BRIGHT & SONS (SOLICITORS) LIMITED reported cash in bank of £82.03K for 2023. That compares with £64.37K in 2022, a change of 27.43%.
How many people does BRIGHT & SONS (SOLICITORS) LIMITED employ?
BRIGHT & SONS (SOLICITORS) LIMITED reported 54 employees in 2023, compared with 54 in 2022.
How have BRIGHT & SONS (SOLICITORS) LIMITED financials changed over the last 3 years?
Between 2021 and 2023, BRIGHT & SONS (SOLICITORS) LIMITED's net assets rose by 28.4%, cash in bank fell by 79.1%, total assets rose by 12.6% and total liabilities rose by 5.1%. Net assets compounded at 13.3% a year across the two years to 2023, from £550.90K to £707.40K. Reported headcount went from 52 in 2021 to 54 in 2023 (+2).
Which years of BRIGHT & SONS (SOLICITORS) 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.