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ILETT & CLARK SOLICITORS LIMITED Financials

Company number
07796636Copy
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Registered office
86 Bridge Street, Worksop, Nottinghamshire S80 1JA
Incorporated
04/10/2011

Company snapshot

Status
Active
Employees
24 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£379.02K2024
6.95%vs 2023

2023: £354.40K

Total Assets

£561.43K2024
8.96%vs 2023

2023: £515.28K

Cash in Bank

£80.55K2024
62.30%vs 2023

2023: £49.63K

Total Liabilities

£172.14K2024
11.59%vs 2023

2023: £154.27K

Employees

242024
-2vs 2023

2023: 26

In 2024, ILETT & CLARK SOLICITORS LIMITED reported net assets of £379.02K. The same filing shows total assets of £561.43K, cash in bank of £80.55K and total liabilities of £172.14K. Reported headcount was 24 in 2024. Total Assets rose from £515.28K in 2023 to £561.43K in 2024 (8.96%). 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

£379.02K2024
6.95%from £354.40K 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 ILETT & CLARK SOLICITORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£386.21K2022£379.02K2024
-1.9%vs 2022

-0.9% a year compound (CAGR)

Cash in Bank

£56.54K2022£80.55K2024
+42.5%vs 2022

+19.4% a year compound (CAGR)

Total Assets

£549.95K2022£561.43K2024
+2.1%vs 2022

+1% a year compound (CAGR)

Total Liabilities

£157.09K2022£172.14K2024
+9.6%vs 2022

+4.7% a year compound (CAGR)

Employees

232022242024
+4.3%vs 2022+1

Biggest increase

Cash in Bank+42.5%

£56.54K in 2022 to £80.55K in 2024

Biggest decrease

Net Assets-1.9%

£386.21K in 2022 to £379.02K in 2024

ILETT & CLARK SOLICITORS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ILETT & CLARK 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
67.51%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
30.66%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
46.79%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
14.35%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 ILETT & CLARK SOLICITORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£347.22K386.21K354.40K379.02K
Total Assets£546.31K549.95K515.28K561.43K
Cash in Bank£88.24K56.54K49.63K80.55K
Total Liabilities£190.33K157.09K154.27K172.14K
Employees23232624

ILETT & CLARK SOLICITORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has ILETT & CLARK SOLICITORS LIMITED filed financial statements?

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

What net assets did ILETT & CLARK SOLICITORS LIMITED report in 2024?

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ILETT & CLARK SOLICITORS LIMITED reported net assets of £379.02K for 2024. That compares with £354.40K in 2023, a change of 6.95%.

What total assets did ILETT & CLARK SOLICITORS LIMITED report in 2024?

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ILETT & CLARK SOLICITORS LIMITED reported total assets of £561.43K for 2024. That compares with £515.28K in 2023, a change of 8.96%.

What cash in bank did ILETT & CLARK SOLICITORS LIMITED report in 2024?

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ILETT & CLARK SOLICITORS LIMITED reported cash in bank of £80.55K for 2024. That compares with £49.63K in 2023, a change of 62.30%.

How many people does ILETT & CLARK SOLICITORS LIMITED employ?

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ILETT & CLARK SOLICITORS LIMITED reported 24 employees in 2024, compared with 26 in 2023.

How have ILETT & CLARK SOLICITORS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, ILETT & CLARK SOLICITORS LIMITED's net assets fell by 1.9%, cash in bank rose by 42.5%, total assets rose by 2.1% and total liabilities rose by 9.6%. Net assets contracted at 0.9% a year across the two years to 2024, from £386.21K to £379.02K. Reported headcount went from 23 in 2022 to 24 in 2024 (+1).

Which years of ILETT & CLARK 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.