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JUSTICE WISE LIMITED Financials

Company number
08938868Copy
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Registered office
Justice Wise Solicitors 1128a Stratford Road, Hall Green, Birmingham, West Midlands B28 8AE
Incorporated
13/03/2014

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£294.002024
-95.96%vs 2023

2023: £7.28K

Total Assets

£60.20K2024
-24.36%vs 2023

2023: £79.58K

Total Liabilities

£59.90K2024
-17.14%vs 2023

2023: £72.29K

Employees

52024
+1vs 2023

2023: 4

In 2024, JUSTICE WISE LIMITED reported net assets of £294.00. The same filing shows total assets of £60.20K and total liabilities of £59.90K. Reported headcount was 5 in 2024. Total Assets fell from £79.58K in 2023 to £60.20K in 2024 (-24.36%). 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

£294.002024
-95.96%from £7.28K 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 JUSTICE WISE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£8.55K2022£294.002024
-96.6%vs 2022

-81.5% a year compound (CAGR)

Total Assets

£87.43K2022£60.20K2024
-31.2%vs 2022

-17% a year compound (CAGR)

Total Liabilities

£78.88K2022£59.90K2024
-24.1%vs 2022

-12.9% a year compound (CAGR)

Employees

5202252024
0%vs 2022

Biggest decrease

Net Assets-96.6%

£8.55K in 2022 to £294.00 in 2024

Every measure that changed in JUSTICE WISE LIMITED's filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from JUSTICE WISE 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
0.49%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
99.51%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for JUSTICE WISE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£22.50K8.55K7.28K294.00
Total Assets£137.47K87.43K79.58K60.20K
Cash in Bank£––––
Total Liabilities£114.98K78.88K72.29K59.90K
Employees6545

JUSTICE WISE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has JUSTICE WISE LIMITED filed financial statements?

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Yes. Okredo holds filed figures for JUSTICE WISE LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did JUSTICE WISE LIMITED report in 2024?

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JUSTICE WISE LIMITED reported net assets of £294.00 for 2024. That compares with £7.28K in 2023, a change of -95.96%.

What total assets did JUSTICE WISE LIMITED report in 2024?

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JUSTICE WISE LIMITED reported total assets of £60.20K for 2024. That compares with £79.58K in 2023, a change of -24.36%.

What total liabilities did JUSTICE WISE LIMITED report in 2024?

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JUSTICE WISE LIMITED reported total liabilities of £59.90K for 2024. That compares with £72.29K in 2023, a change of -17.14%.

How many people does JUSTICE WISE LIMITED employ?

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JUSTICE WISE LIMITED reported 5 employees in 2024, compared with 4 in 2023.

How have JUSTICE WISE LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, JUSTICE WISE LIMITED's net assets fell by 96.6%, total assets fell by 31.2%, total liabilities fell by 24.1% and employee numbers was unchanged. Net assets contracted at 81.5% a year across the two years to 2024, from £8.55K to £294.00. Reported headcount went from 5 in 2022 to 5 in 2024.

Which years of JUSTICE WISE 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.