EMBRACE LAW LTD Financials
- Company number
- 13410863Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- Keith Pattinson Limited, Silverlink, Wallsend NE28 9ND
- Incorporated
- 20/05/2021
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-50.62%vs 20232023: £-117.60K
Total Assets
4.48%vs 20232023: £168.12K
Cash in Bank
71.52%vs 20232023: £24.73K
Total Liabilities
24.26%vs 20232023: £280.61K
Employees
+2vs 20232023: 13
In 2024, EMBRACE LAW LTD reported net assets of £-177.12K. The same filing shows total assets of £175.66K, cash in bank of £42.42K and total liabilities of £348.70K. Reported headcount was 15 in 2024. Total Liabilities rose from £280.61K in 2023 to £348.70K in 2024 (24.26%). 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
-50.62%from £-117.60K 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 EMBRACE LAW LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-30.2%vs 2022-16.4% a year compound (CAGR)
Total Assets
-29.5%vs 2022-16% a year compound (CAGR)
Total Liabilities
-4.6%vs 2022-2.3% a year compound (CAGR)
Employees
+114%vs 2022+8Biggest increase
Employees+114%
7 in 2022 to 15 in 2024
Biggest decrease
Cash in Bank-30.2%
£60.74K in 2022 to £42.42K in 2024
EMBRACE LAW LTD'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 EMBRACE 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
- -100.84%2024
- Liabilities to total assets
- 198.51%2024
- Cash to liabilities
- 12.16%2024
- Cash to total assets
- 24.15%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 EMBRACE LAW 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£ | 1.00 | -122.98K | -117.60K | -177.12K |
| Total Assets£ | – | 249.07K | 168.12K | 175.66K |
| Cash in Bank£ | – | 60.74K | 24.73K | 42.42K |
| Total Liabilities£ | – | 365.67K | 280.61K | 348.70K |
| Employees | – | 7 | 13 | 15 |
EMBRACE LAW LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has EMBRACE LAW LTD filed financial statements?
Yes. Okredo holds filed figures for EMBRACE LAW LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did EMBRACE LAW LTD report in 2024?
EMBRACE LAW LTD reported net assets of £-177.12K for 2024. That compares with £-117.60K in 2023, a change of -50.62%.
What total assets did EMBRACE LAW LTD report in 2024?
EMBRACE LAW LTD reported total assets of £175.66K for 2024. That compares with £168.12K in 2023, a change of 4.48%.
What cash in bank did EMBRACE LAW LTD report in 2024?
EMBRACE LAW LTD reported cash in bank of £42.42K for 2024. That compares with £24.73K in 2023, a change of 71.52%.
How many people does EMBRACE LAW LTD employ?
EMBRACE LAW LTD reported 15 employees in 2024, compared with 13 in 2023.
How have EMBRACE LAW LTD financials changed over the last 3 years?
Between 2022 and 2024, EMBRACE LAW LTD's cash in bank fell by 30.2%, total assets fell by 29.5%, total liabilities fell by 4.6% and employee numbers rose by 114%. Cash in bank contracted at 16.4% a year across the two years to 2024, from £60.74K to £42.42K. Reported headcount went from 7 in 2022 to 15 in 2024 (+8).
Which years of EMBRACE LAW 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.