ILAW SOLICITORS LIMITED Financials
- Company number
- 05837427Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- 5 St. Bride Street, London EC4A 4AS
- Incorporated
- 05/06/2006
Company snapshot
- Status
- Active
- Employees
- 14 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-18.18%vs 20232023: £1.39M
Total Assets
-17.81%vs 20232023: £1.96M
Cash in Bank
16.28%vs 20232023: £251.14K
Total Liabilities
-16.94%vs 20232023: £572.18K
Employees
+3vs 20232023: 11
In 2024, ILAW SOLICITORS LIMITED reported net assets of £1.13M. The same filing shows total assets of £1.61M, cash in bank of £292.03K and total liabilities of £475.27K. Reported headcount was 14 in 2024. Total Assets fell from £1.96M in 2023 to £1.61M in 2024 (-17.81%). 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
-18.18%from £1.39M 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 ILAW SOLICITORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+17%vs 2022+8.2% a year compound (CAGR)
Cash in Bank
+87%vs 2022+36.7% a year compound (CAGR)
Total Assets
+16.7%vs 2022+8% a year compound (CAGR)
Total Liabilities
+15.8%vs 2022+7.6% a year compound (CAGR)
Employees
+40%vs 2022+4Biggest increase
Cash in Bank+87%
£156.17K in 2022 to £292.03K in 2024
Every indicator Okredo holds for ILAW SOLICITORS LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ILAW 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
- 70.48%2024
- Liabilities to total assets
- 29.52%2024
- Cash to liabilities
- 61.44%2024
- Cash to total assets
- 18.14%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 ILAW SOLICITORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 424.50K | 969.28K | 1.39M | 1.13M |
| Total Assets£ | 778.60K | 1.38M | 1.96M | 1.61M |
| Cash in Bank£ | 325.00K | 156.17K | 251.14K | 292.03K |
| Total Liabilities£ | 354.10K | 410.41K | 572.18K | 475.27K |
| Employees | 12 | 10 | 11 | 14 |
ILAW SOLICITORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has ILAW SOLICITORS LIMITED filed financial statements?
Yes. Okredo holds filed figures for ILAW SOLICITORS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did ILAW SOLICITORS LIMITED report in 2024?
ILAW SOLICITORS LIMITED reported net assets of £1.13M for 2024. That compares with £1.39M in 2023, a change of -18.18%.
What total assets did ILAW SOLICITORS LIMITED report in 2024?
ILAW SOLICITORS LIMITED reported total assets of £1.61M for 2024. That compares with £1.96M in 2023, a change of -17.81%.
What cash in bank did ILAW SOLICITORS LIMITED report in 2024?
ILAW SOLICITORS LIMITED reported cash in bank of £292.03K for 2024. That compares with £251.14K in 2023, a change of 16.28%.
How many people does ILAW SOLICITORS LIMITED employ?
ILAW SOLICITORS LIMITED reported 14 employees in 2024, compared with 11 in 2023.
How have ILAW SOLICITORS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, ILAW SOLICITORS LIMITED's net assets rose by 17%, cash in bank rose by 87%, total assets rose by 16.7% and total liabilities rose by 15.8%. Net assets compounded at 8.2% a year across the two years to 2024, from £969.28K to £1.13M. Reported headcount went from 10 in 2022 to 14 in 2024 (+4).
Which years of ILAW SOLICITORS LIMITED 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.