GRANT SMITH LAW PRACTICE LIMITED Financials
- Company number
- SC145875Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- 252 Union Street, Aberdeen AB10 1TN
- Incorporated
- 12/08/1993
Company snapshot
- Status
- Active
- Employees
- 45 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-4.67%vs 20242024: £563.83K
Total Assets
-5.97%vs 20242024: £1.50M
Cash in Bank
3.49%vs 20242024: £521.06K
Total Liabilities
-8.59%vs 20242024: £640.31K
Employees
+1vs 20242024: 44
In 2025, GRANT SMITH LAW PRACTICE LIMITED reported net assets of £537.48K. The same filing shows total assets of £1.41M, cash in bank of £539.25K and total liabilities of £585.32K. Reported headcount was 45 in 2025. Total Assets fell from £1.50M in 2024 to £1.41M in 2025 (-5.97%). Okredo holds filed figures for 2021–2025; 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
-4.67%from £563.83K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures GRANT SMITH LAW PRACTICE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+13%vs 2023+6.3% a year compound (CAGR)
Cash in Bank
+27.5%vs 2023+12.9% a year compound (CAGR)
Total Assets
-0.9%vs 2023-0.4% a year compound (CAGR)
Total Liabilities
-8.5%vs 2023-4.4% a year compound (CAGR)
Employees
+4.7%vs 2023+2Biggest increase
Cash in Bank+27.5%
£422.97K in 2023 to £539.25K in 2025
Biggest decrease
Total Liabilities-8.5%
£639.89K in 2023 to £585.32K in 2025
GRANT SMITH LAW PRACTICE LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GRANT SMITH LAW PRACTICE 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
- 38.23%2025
- Liabilities to total assets
- 41.63%2025
- Cash to liabilities
- 92.13%2025
- Cash to total assets
- 38.36%2025
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 GRANT SMITH LAW PRACTICE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 455.63K | 443.31K | 475.62K | 563.83K | 537.48K |
| Total Assets£ | 1.52M | – | 1.42M | 1.50M | 1.41M |
| Cash in Bank£ | 303.18K | 386.19K | 422.97K | 521.06K | 539.25K |
| Total Liabilities£ | 757.19K | – | 639.89K | 640.31K | 585.32K |
| Employees | 42 | 43 | 43 | 44 | 45 |
GRANT SMITH LAW PRACTICE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has GRANT SMITH LAW PRACTICE LIMITED filed financial statements?
Yes. Okredo holds filed figures for GRANT SMITH LAW PRACTICE LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did GRANT SMITH LAW PRACTICE LIMITED report in 2025?
GRANT SMITH LAW PRACTICE LIMITED reported net assets of £537.48K for 2025. That compares with £563.83K in 2024, a change of -4.67%.
What total assets did GRANT SMITH LAW PRACTICE LIMITED report in 2025?
GRANT SMITH LAW PRACTICE LIMITED reported total assets of £1.41M for 2025. That compares with £1.50M in 2024, a change of -5.97%.
What cash in bank did GRANT SMITH LAW PRACTICE LIMITED report in 2025?
GRANT SMITH LAW PRACTICE LIMITED reported cash in bank of £539.25K for 2025. That compares with £521.06K in 2024, a change of 3.49%.
How many people does GRANT SMITH LAW PRACTICE LIMITED employ?
GRANT SMITH LAW PRACTICE LIMITED reported 45 employees in 2025, compared with 44 in 2024.
How have GRANT SMITH LAW PRACTICE LIMITED financials changed over the last 3 years?
Between 2023 and 2025, GRANT SMITH LAW PRACTICE LIMITED's net assets rose by 13%, cash in bank rose by 27.5%, total assets fell by 0.9% and total liabilities fell by 8.5%. Net assets compounded at 6.3% a year across the two years to 2025, from £475.62K to £537.48K. Reported headcount went from 43 in 2023 to 45 in 2025 (+2).
Which years of GRANT SMITH LAW PRACTICE LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.