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HOYLE LAW LTD Financials

Company number
13289416Copy
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Registered office
Carnoustie House, Kelvin Close, Birchwood, Warrington WA3 7PB
Incorporated
24/03/2021

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£100.60K2024
75.40%vs 2023

2023: £57.35K

Total Assets

£1.48M2024
17.62%vs 2023

2023: £1.26M

Cash in Bank

£177.91K2024
170.89%vs 2023

2023: £65.68K

Total Liabilities

£1.38M2024
14.86%vs 2023

2023: £1.20M

Employees

62024
0vs 2023

2023: 6

In 2024, HOYLE LAW LTD reported net assets of £100.60K. The same filing shows total assets of £1.48M, cash in bank of £177.91K and total liabilities of £1.38M. Reported headcount was 6 in 2024. Total Assets rose from £1.26M in 2023 to £1.48M in 2024 (17.62%). 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

£100.60K2024
75.40%from £57.35K 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 HOYLE LAW LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£23.34K2022£100.60K2024
+331%vs 2022

+108% a year compound (CAGR)

Cash in Bank

£51.98K2022£177.91K2024
+242%vs 2022

+85% a year compound (CAGR)

Total Assets

£722.61K2022£1.48M2024
+105%vs 2022

+43.2% a year compound (CAGR)

Total Liabilities

£699.26K2022£1.38M2024
+97.6%vs 2022

+40.6% a year compound (CAGR)

Employees

6202262024
0%vs 2022

Biggest increase

Net Assets+331%

£23.34K in 2022 to £100.60K in 2024

Every measure that changed in HOYLE LAW LTD's filings between 2022 and 2024 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with 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 HOYLE 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
6.79%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
93.21%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
12.87%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
12.00%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 HOYLE LAW LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£7.68K23.34K57.35K100.60K
Total Assets£100.00722.61K1.26M1.48M
Cash in Bank£–51.98K65.68K177.91K
Total Liabilities£-7.58K699.26K1.20M1.38M
Employees2666

HOYLE LAW LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has HOYLE LAW LTD filed financial statements?

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Yes. Okredo holds filed figures for HOYLE LAW LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did HOYLE LAW LTD report in 2024?

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HOYLE LAW LTD reported net assets of £100.60K for 2024. That compares with £57.35K in 2023, a change of 75.40%.

What total assets did HOYLE LAW LTD report in 2024?

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HOYLE LAW LTD reported total assets of £1.48M for 2024. That compares with £1.26M in 2023, a change of 17.62%.

What cash in bank did HOYLE LAW LTD report in 2024?

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HOYLE LAW LTD reported cash in bank of £177.91K for 2024. That compares with £65.68K in 2023, a change of 170.89%.

How many people does HOYLE LAW LTD employ?

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HOYLE LAW LTD reported 6 employees in 2024, compared with 6 in 2023.

How have HOYLE LAW LTD financials changed over the last 3 years?

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Between 2022 and 2024, HOYLE LAW LTD's net assets rose by 331%, cash in bank rose by 242%, total assets rose by 105% and total liabilities rose by 97.6%. Net assets compounded at 108% a year across the two years to 2024, from £23.34K to £100.60K. Reported headcount went from 6 in 2022 to 6 in 2024.

Which years of HOYLE LAW LTD 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.