ELLIS BATES WEALTH MANAGEMENT LTD Financials
- Company number
- 09052815Copy
Copy - Registered office
- 23 Coleridge Street, Hove BN3 5AB
- Incorporated
- 22/05/2014
Company snapshot
- Status
- Active
- Employees
- 119 (2024)
- Latest financial data
- 2024
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-35.08%vs 20232023: £1.84M
Total Assets
6.97%vs 20232023: £2.80M
Cash in Bank
24.98%vs 20232023: £856.22K
Total Liabilities
90.72%vs 20232023: £939.43K
Employees
-5vs 20232023: 124
In 2024, ELLIS BATES WEALTH MANAGEMENT LTD reported net assets of £1.20M. The same filing shows total assets of £3.00M, cash in bank of £1.07M and total liabilities of £1.79M. Reported headcount was 119 in 2024. Total Liabilities rose from £939.43K in 2023 to £1.79M in 2024 (90.72%). 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
-35.08%from £1.84M in 2023Year-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 ELLIS BATES WEALTH MANAGEMENT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-31%vs 2022-16.9% a year compound (CAGR)
Cash in Bank
-4%vs 2022-2% a year compound (CAGR)
Total Assets
+2%vs 2022+1% a year compound (CAGR)
Total Liabilities
+52.7%vs 2022+23.6% a year compound (CAGR)
Employees
+14.4%vs 2022+15Biggest increase
Total Liabilities+52.7%
£1.17M in 2022 to £1.79M in 2024
Biggest decrease
Net Assets-31%
£1.73M in 2022 to £1.20M in 2024
ELLIS BATES WEALTH MANAGEMENT LTD's filings pull in both directions between 2022 and 2024. 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 ELLIS BATES WEALTH MANAGEMENT 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
- 39.92%2024
- Liabilities to total assets
- 59.77%2024
- Cash to liabilities
- 59.73%2024
- Cash to total assets
- 35.70%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 ELLIS BATES WEALTH MANAGEMENT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 957.92K | 1.73M | 1.84M | 1.20M |
| Total Assets£ | 1.73M | 2.94M | 2.80M | 3.00M |
| Cash in Bank£ | 428.41K | 1.11M | 856.22K | 1.07M |
| Total Liabilities£ | 730.74K | 1.17M | 939.43K | 1.79M |
| Employees | 98 | 104 | 124 | 119 |
ELLIS BATES WEALTH MANAGEMENT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has ELLIS BATES WEALTH MANAGEMENT LTD filed financial statements?
Yes. Okredo holds filed figures for ELLIS BATES WEALTH MANAGEMENT LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did ELLIS BATES WEALTH MANAGEMENT LTD report in 2024?
ELLIS BATES WEALTH MANAGEMENT LTD reported net assets of £1.20M for 2024. That compares with £1.84M in 2023, a change of -35.08%.
What total assets did ELLIS BATES WEALTH MANAGEMENT LTD report in 2024?
ELLIS BATES WEALTH MANAGEMENT LTD reported total assets of £3.00M for 2024. That compares with £2.80M in 2023, a change of 6.97%.
What cash in bank did ELLIS BATES WEALTH MANAGEMENT LTD report in 2024?
ELLIS BATES WEALTH MANAGEMENT LTD reported cash in bank of £1.07M for 2024. That compares with £856.22K in 2023, a change of 24.98%.
How many people does ELLIS BATES WEALTH MANAGEMENT LTD employ?
ELLIS BATES WEALTH MANAGEMENT LTD reported 119 employees in 2024, compared with 124 in 2023.
How have ELLIS BATES WEALTH MANAGEMENT LTD financials changed over the last 3 years?
Between 2022 and 2024, ELLIS BATES WEALTH MANAGEMENT LTD's net assets fell by 31%, cash in bank fell by 4%, total assets rose by 2% and total liabilities rose by 52.7%. Net assets contracted at 16.9% a year across the two years to 2024, from £1.73M to £1.20M. Reported headcount went from 104 in 2022 to 119 in 2024 (+15).
Which years of ELLIS BATES WEALTH MANAGEMENT LTD financial data are available?
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.