INHERITANCE LEGAL SERVICES LIMITED Financials
- Company number
- 07346870Copy
Copy - Industry
- Activities of patent and copyright agents; other legal activities n.e.c. (69.10/9 - SIC 2007)
- Registered office
- 47 High Street, Cherry Hinton, Cambridge CB1 9HX
- Incorporated
- 16/08/2010
Company snapshot
- Status
- Active
- Employees
- 9 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
26.75%vs 20222022: £66.61K
Total Assets
15.03%vs 20222022: £279.33K
Cash in Bank
First reported yearTotal Liabilities
11.36%vs 20222022: £212.72K
Employees
0vs 20222022: 9
In 2023, INHERITANCE LEGAL SERVICES LIMITED reported net assets of £84.42K. The same filing shows total assets of £321.30K, cash in bank of £101.56K and total liabilities of £236.88K. Reported headcount was 9 in 2023. Total Assets rose from £279.33K in 2022 to £321.30K in 2023 (15.03%). Okredo holds filed figures for 2021–2023; 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
26.75%from £66.61K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures INHERITANCE LEGAL SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+18.2%vs 2021+8.7% a year compound (CAGR)
Total Assets
-13.5%vs 2021-7% a year compound (CAGR)
Total Liabilities
-21.1%vs 2021-11.2% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Net Assets+18.2%
£71.40K in 2021 to £84.42K in 2023
Biggest decrease
Total Liabilities-21.1%
£300.14K in 2021 to £236.88K in 2023
INHERITANCE LEGAL SERVICES LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 INHERITANCE LEGAL SERVICES 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
- 26.27%2023
- Liabilities to total assets
- 73.73%2023
- Cash to liabilities
- 33.84%2021
- Cash to total assets
- 27.33%2021
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 INHERITANCE LEGAL SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 71.40K | 66.61K | 84.42K |
| Total Assets£ | 371.53K | 279.33K | 321.30K |
| Cash in Bank£ | 101.56K | – | – |
| Total Liabilities£ | 300.14K | 212.72K | 236.88K |
| Employees | 9 | 9 | 9 |
INHERITANCE LEGAL SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has INHERITANCE LEGAL SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for INHERITANCE LEGAL SERVICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did INHERITANCE LEGAL SERVICES LIMITED report in 2023?
INHERITANCE LEGAL SERVICES LIMITED reported net assets of £84.42K for 2023. That compares with £66.61K in 2022, a change of 26.75%.
What total assets did INHERITANCE LEGAL SERVICES LIMITED report in 2023?
INHERITANCE LEGAL SERVICES LIMITED reported total assets of £321.30K for 2023. That compares with £279.33K in 2022, a change of 15.03%.
What cash in bank did INHERITANCE LEGAL SERVICES LIMITED report in 2021?
INHERITANCE LEGAL SERVICES LIMITED reported cash in bank of £101.56K for 2021. There is no earlier filing to compare it against.
How many people does INHERITANCE LEGAL SERVICES LIMITED employ?
INHERITANCE LEGAL SERVICES LIMITED reported 9 employees in 2023, compared with 9 in 2022.
How have INHERITANCE LEGAL SERVICES LIMITED financials changed over the last 3 years?
Between 2021 and 2023, INHERITANCE LEGAL SERVICES LIMITED's net assets rose by 18.2%, total assets fell by 13.5%, total liabilities fell by 21.1% and employee numbers was unchanged. Net assets compounded at 8.7% a year across the two years to 2023, from £71.40K to £84.42K. Reported headcount went from 9 in 2021 to 9 in 2023.
Which years of INHERITANCE LEGAL SERVICES LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.