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DEFEYENE LEGAL SOLUTIONS LIMITED Financials

Company number
10721979Copy
Copy
Registered office
2 Leman Street, Aldgate Tower, London E1 8FA
Incorporated
12/04/2017

Company snapshot

Status
Active
Employees
70 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-171.31K2024
95.64%vs 2023

2023: £-3.93M

Total Assets

£2.89M2024
278.78%vs 2023

2023: £762.73K

Cash in Bank

£789.27K2024
62.20%vs 2023

2023: £486.59K

Total Liabilities

£3.03M2024
-35.19%vs 2023

2023: £4.67M

Employees

702024
+22vs 2023

2023: 48

In 2024, DEFEYENE LEGAL SOLUTIONS LIMITED reported net assets of £-171.31K. The same filing shows total assets of £2.89M, cash in bank of £789.27K and total liabilities of £3.03M. Reported headcount was 70 in 2024. Net Assets rose from £-3.93M in 2023 to £-171.31K in 2024 (95.64%). 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

£-171.31K2024
95.64%from £-3.93M 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 DEFEYENE LEGAL SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-781.31K2022£-171.31K2024
Increasedvs 2022

Cash in Bank

£1.56M2022£789.27K2024
-49.5%vs 2022

-29% a year compound (CAGR)

Total Assets

£1.63M2022£2.89M2024
+77.7%vs 2022

+33.3% a year compound (CAGR)

Total Liabilities

£2.40M2022£3.03M2024
+26.1%vs 2022

+12.3% a year compound (CAGR)

Employees

202022702024
+250%vs 2022+50

Biggest increase

Employees+250%

20 in 2022 to 70 in 2024

Biggest decrease

Cash in Bank-49.5%

£1.56M in 2022 to £789.27K in 2024

DEFEYENE LEGAL SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 DEFEYENE LEGAL SOLUTIONS 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
-5.93%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.
Liabilities to total assets
104.87%2024
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.
Cash to liabilities
26.05%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
27.32%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 DEFEYENE LEGAL SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£345.44K-781.31K-3.93M-171.31K
Total Assets£363.39K1.63M762.73K2.89M
Cash in Bank£356.14K1.56M486.59K789.27K
Total Liabilities£17.71K2.40M4.67M3.03M
Employees10204870

DEFEYENE LEGAL SOLUTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for DEFEYENE LEGAL SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

DEFEYENE LEGAL SOLUTIONS LIMITED reported net assets of £-171.31K for 2024. That compares with £-3.93M in 2023, a change of 95.64%.

DEFEYENE LEGAL SOLUTIONS LIMITED reported total assets of £2.89M for 2024. That compares with £762.73K in 2023, a change of 278.78%.

DEFEYENE LEGAL SOLUTIONS LIMITED reported cash in bank of £789.27K for 2024. That compares with £486.59K in 2023, a change of 62.20%.

DEFEYENE LEGAL SOLUTIONS LIMITED reported 70 employees in 2024, compared with 48 in 2023.

Between 2022 and 2024, DEFEYENE LEGAL SOLUTIONS LIMITED's cash in bank fell by 49.5%, total assets rose by 77.7%, total liabilities rose by 26.1% and employee numbers rose by 250%. Cash in bank contracted at 29% a year across the two years to 2024, from £1.56M to £789.27K. Reported headcount went from 20 in 2022 to 70 in 2024 (+50).

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.