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EMG SOLICITORS LIMITED Financials

Company number
08668892Copy
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Registered office
Units 1 And 2 Abbey House, Abbeywoods Business Park, Durham, County Durham DH1 5TH
Incorporated
29/08/2013

Company snapshot

Status
Active
Employees
145 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

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

Net Assets

£3.56M2024
20.33%vs 2023

2023: £2.96M

Total Assets

£5.44M2024
39.28%vs 2023

2023: £3.91M

Cash in Bank

£1.62M2024
108.94%vs 2023

2023: £775.97K

Total Liabilities

£1.88M2024
98.36%vs 2023

2023: £948.32K

Employees

1452024
+59vs 2023

2023: 86

In 2024, EMG SOLICITORS LIMITED reported net assets of £3.56M. The same filing shows total assets of £5.44M, cash in bank of £1.62M and total liabilities of £1.88M. Reported headcount was 145 in 2024. Total Assets rose from £3.91M in 2023 to £5.44M in 2024 (39.28%). 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

£3.56M2024
20.33%from £2.96M 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 EMG SOLICITORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£2.45M2022£3.56M2024
+45.2%vs 2022

+20.5% a year compound (CAGR)

Cash in Bank

£990.05K2022£1.62M2024
+63.8%vs 2022

+28% a year compound (CAGR)

Total Assets

£3.20M2022£5.44M2024
+70%vs 2022

+30.4% a year compound (CAGR)

Total Liabilities

£749.34K2022£1.88M2024
+151%vs 2022

+58.4% a year compound (CAGR)

Employees

6620221452024
+120%vs 2022+79

Biggest increase

Total Liabilities+151%

£749.34K in 2022 to £1.88M in 2024

Every indicator Okredo holds for EMG SOLICITORS LIMITED rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from EMG SOLICITORS 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
65.42%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
34.58%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
86.19%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
29.80%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 EMG SOLICITORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.98M2.45M2.96M3.56M
Total Assets£2.79M3.20M3.91M5.44M
Cash in Bank£1.00M990.05K775.97K1.62M
Total Liabilities£807.71K749.34K948.32K1.88M
Employees566686145

EMG SOLICITORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has EMG SOLICITORS LIMITED filed financial statements?

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

What net assets did EMG SOLICITORS LIMITED report in 2024?

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EMG SOLICITORS LIMITED reported net assets of £3.56M for 2024. That compares with £2.96M in 2023, a change of 20.33%.

What total assets did EMG SOLICITORS LIMITED report in 2024?

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EMG SOLICITORS LIMITED reported total assets of £5.44M for 2024. That compares with £3.91M in 2023, a change of 39.28%.

What cash in bank did EMG SOLICITORS LIMITED report in 2024?

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EMG SOLICITORS LIMITED reported cash in bank of £1.62M for 2024. That compares with £775.97K in 2023, a change of 108.94%.

How many people does EMG SOLICITORS LIMITED employ?

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EMG SOLICITORS LIMITED reported 145 employees in 2024, compared with 86 in 2023.

How have EMG SOLICITORS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, EMG SOLICITORS LIMITED's net assets rose by 45.2%, cash in bank rose by 63.8%, total assets rose by 70% and total liabilities rose by 151%. Net assets compounded at 20.5% a year across the two years to 2024, from £2.45M to £3.56M. Reported headcount went from 66 in 2022 to 145 in 2024 (+79).

Which years of EMG SOLICITORS LIMITED 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.