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CONVEY LAW LTD. Financials

Company number
05306377Copy
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Registered office
Maxwell Chambers, 34-38 Stow Hill, Newport, Gwent NP20 1JE
Incorporated
07/12/2004

Company snapshot

Status
Active
Employees
137 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£2.29M2024
11.02%vs 2023

2023: £2.06M

Total Assets

£6.27M2024
24.42%vs 2023

2023: £5.04M

Cash in Bank

£1.70M2024
272.57%vs 2023

2023: £455.40K

Employees

1372024
-22vs 2023

2023: 159

In 2024, CONVEY LAW LTD. reported net assets of £2.29M. The same filing shows total assets of £6.27M and cash in bank of £1.70M. Reported headcount was 137 in 2024. Cash in Bank rose from £455.40K in 2023 to £1.70M in 2024 (272.57%). Okredo holds filed figures for 2021–2024; 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

£2.29M2024
11.02%from £2.06M in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures CONVEY LAW LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£2.37M2022£2.29M2024
-3.4%vs 2022

-1.7% a year compound (CAGR)

Cash in Bank

£493.01K2022£1.70M2024
+244%vs 2022

+85.5% a year compound (CAGR)

Total Assets

£4.53M2022£6.27M2024
+38.5%vs 2022

+17.7% a year compound (CAGR)

Employees

16420221372024
-16.5%vs 2022-27

Biggest increase

Cash in Bank+244%

£493.01K in 2022 to £1.70M in 2024

Biggest decrease

Employees-16.5%

164 in 2022 to 137 in 2024

CONVEY LAW LTD.'s filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from CONVEY LAW LTD.'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
36.52%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.

Cash to total assets
27.07%2024

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 CONVEY LAW LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£2.07M2.37M2.06M2.29M
Total Assets£3.98M4.53M5.04M6.27M
Cash in Bank£1.37M493.01K455.40K1.70M
Total Liabilities£––––
Employees124164159137

CONVEY LAW LTD. financials: frequently asked questions

Answered from this company's own filed figures.

Has CONVEY LAW LTD. filed financial statements?

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Yes. Okredo holds filed figures for CONVEY LAW LTD. covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did CONVEY LAW LTD. report in 2024?

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CONVEY LAW LTD. reported net assets of £2.29M for 2024. That compares with £2.06M in 2023, a change of 11.02%.

What total assets did CONVEY LAW LTD. report in 2024?

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CONVEY LAW LTD. reported total assets of £6.27M for 2024. That compares with £5.04M in 2023, a change of 24.42%.

What cash in bank did CONVEY LAW LTD. report in 2024?

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CONVEY LAW LTD. reported cash in bank of £1.70M for 2024. That compares with £455.40K in 2023, a change of 272.57%.

How many people does CONVEY LAW LTD. employ?

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CONVEY LAW LTD. reported 137 employees in 2024, compared with 159 in 2023.

How have CONVEY LAW LTD. financials changed over the last 3 years?

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Between 2022 and 2024, CONVEY LAW LTD.'s net assets fell by 3.4%, cash in bank rose by 244%, total assets rose by 38.5% and employee numbers fell by 16.5%. Net assets contracted at 1.7% a year across the two years to 2024, from £2.37M to £2.29M. Reported headcount went from 164 in 2022 to 137 in 2024 (-27).

Which years of CONVEY LAW LTD. financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.