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FODENS SOLICITORS LIMITED Financials

Company number
07209925Copy
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Registered office
Fodens Business Centre, M54 Junction 6, Telford, Shropshire TF3 5HL
Incorporated
31/03/2010

Company snapshot

Status
Active
Employees
20 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£379.11K2024
4.29%vs 2023

2023: £363.52K

Total Assets

£697.50K2024
9.94%vs 2023

2023: £634.44K

Cash in Bank

£362.79K2024
80.15%vs 2023

2023: £201.38K

Total Liabilities

£303.06K2024
20.82%vs 2023

2023: £250.83K

Employees

202024
+4vs 2023

2023: 16

In 2024, FODENS SOLICITORS LIMITED reported net assets of £379.11K. The same filing shows total assets of £697.50K, cash in bank of £362.79K and total liabilities of £303.06K. Reported headcount was 20 in 2024. Cash in Bank rose from £201.38K in 2023 to £362.79K in 2024 (80.15%). 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

£379.11K2024
4.29%from £363.52K 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 FODENS SOLICITORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£375.65K2022£379.11K2024
+0.9%vs 2022

+0.5% a year compound (CAGR)

Cash in Bank

£296.94K2022£362.79K2024
+22.2%vs 2022

+10.5% a year compound (CAGR)

Total Assets

£679.85K2022£697.50K2024
+2.6%vs 2022

+1.3% a year compound (CAGR)

Total Liabilities

£238.53K2022£303.06K2024
+27.1%vs 2022

+12.7% a year compound (CAGR)

Employees

152022202024
+33.3%vs 2022+5

Biggest increase

Employees+33.3%

15 in 2022 to 20 in 2024

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

Ratios from the filed figures

Calculated from FODENS 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
54.35%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
43.45%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
119.71%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
52.01%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 FODENS SOLICITORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£261.29K375.65K363.52K379.11K
Total Assets£538.30K679.85K634.44K697.50K
Cash in Bank£133.52K296.94K201.38K362.79K
Total Liabilities£191.27K238.53K250.83K303.06K
Employees15151620

FODENS SOLICITORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has FODENS SOLICITORS LIMITED filed financial statements?

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

What net assets did FODENS SOLICITORS LIMITED report in 2024?

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FODENS SOLICITORS LIMITED reported net assets of £379.11K for 2024. That compares with £363.52K in 2023, a change of 4.29%.

What total assets did FODENS SOLICITORS LIMITED report in 2024?

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FODENS SOLICITORS LIMITED reported total assets of £697.50K for 2024. That compares with £634.44K in 2023, a change of 9.94%.

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

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FODENS SOLICITORS LIMITED reported cash in bank of £362.79K for 2024. That compares with £201.38K in 2023, a change of 80.15%.

How many people does FODENS SOLICITORS LIMITED employ?

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FODENS SOLICITORS LIMITED reported 20 employees in 2024, compared with 16 in 2023.

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

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Between 2022 and 2024, FODENS SOLICITORS LIMITED's net assets rose by 0.9%, cash in bank rose by 22.2%, total assets rose by 2.6% and total liabilities rose by 27.1%. Net assets compounded at 0.5% a year across the two years to 2024, from £375.65K to £379.11K. Reported headcount went from 15 in 2022 to 20 in 2024 (+5).

Which years of FODENS 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.