CLARKE MAIRS LAW LIMITED Financials
- Company number
- 13245361Copy
Copy
- Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- 1 Hood Street, Newcastle Upon Tyne NE1 6JQ
- Incorporated
- 04/03/2021
Company snapshot
- Status
- Active
- Employees
- 46 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
2023: £1.03M
Total Assets
2023: £2.08M
Cash in Bank
2023: £615.11K
Total Liabilities
2023: £1.05M
Employees
2023: 37
In 2024, CLARKE MAIRS LAW LIMITED reported net assets of £1.31M. The same filing shows total assets of £2.41M, cash in bank of £824.89K and total liabilities of £1.10M. Reported headcount was 46 in 2024. Total Assets rose from £2.08M in 2023 to £2.41M in 2024 (16.11%). Okredo holds filed figures for 2022–2024; 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
Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures CLARKE MAIRS LAW LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+112% a year compound (CAGR)
Cash in Bank
+8.2% a year compound (CAGR)
Total Assets
+9.9% a year compound (CAGR)
Total Liabilities
-19.7% a year compound (CAGR)
Employees
Biggest increase
Net Assets+348%
£293.40K in 2022 to £1.31M in 2024
Biggest decrease
Total Liabilities-35.6%
£1.70M in 2022 to £1.10M in 2024
CLARKE MAIRS LAW LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CLARKE MAIRS 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
- 54.45%2024
- Liabilities to total assets
- 45.55%2024
- Cash to liabilities
- 75.11%2024
- Cash to total assets
- 34.21%2024
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 CLARKE MAIRS LAW LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 293.40K | 1.03M | 1.31M |
| Total Assets£ | 2.00M | 2.08M | 2.41M |
| Cash in Bank£ | 705.04K | 615.11K | 824.89K |
| Total Liabilities£ | 1.70M | 1.05M | 1.10M |
| Employees | 34 | 37 | 46 |
CLARKE MAIRS LAW LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has CLARKE MAIRS LAW LIMITED filed financial statements?
Yes. Okredo holds filed figures for CLARKE MAIRS LAW LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did CLARKE MAIRS LAW LIMITED report in 2024?
CLARKE MAIRS LAW LIMITED reported net assets of £1.31M for 2024. That compares with £1.03M in 2023, a change of 27.48%.
What total assets did CLARKE MAIRS LAW LIMITED report in 2024?
CLARKE MAIRS LAW LIMITED reported total assets of £2.41M for 2024. That compares with £2.08M in 2023, a change of 16.11%.
What cash in bank did CLARKE MAIRS LAW LIMITED report in 2024?
CLARKE MAIRS LAW LIMITED reported cash in bank of £824.89K for 2024. That compares with £615.11K in 2023, a change of 34.10%.
How many people does CLARKE MAIRS LAW LIMITED employ?
CLARKE MAIRS LAW LIMITED reported 46 employees in 2024, compared with 37 in 2023.
How have CLARKE MAIRS LAW LIMITED financials changed over the last 3 years?
Between 2022 and 2024, CLARKE MAIRS LAW LIMITED's net assets rose by 348%, cash in bank rose by 17%, total assets rose by 20.7% and total liabilities fell by 35.6%. Net assets compounded at 112% a year across the two years to 2024, from £293.40K to £1.31M. Reported headcount went from 34 in 2022 to 46 in 2024 (+12).
Which years of CLARKE MAIRS LAW LIMITED financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.