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LAW LANE SOLICITORS LIMITED Financials

Company number
09595157Copy
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Registered office
43-45 Broadway, London E15 4BL
Incorporated
18/05/2015

Company snapshot

Status
Active
Employees
59 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£444.94K2024
120.41%vs 2023

2023: £201.87K

Total Assets

£2.51M2024
2.61%vs 2023

2023: £2.45M

Cash in Bank

£1.54M2024
1.47%vs 2023

2023: £1.52M

Total Liabilities

£1.89M2024
-8.20%vs 2023

2023: £2.06M

Employees

592024
+6vs 2023

2023: 53

In 2024, LAW LANE SOLICITORS LIMITED reported net assets of £444.94K. The same filing shows total assets of £2.51M, cash in bank of £1.54M and total liabilities of £1.89M. Reported headcount was 59 in 2024. Net Assets rose from £201.87K in 2023 to £444.94K in 2024 (120.41%). 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

£444.94K2024
120.41%from £201.87K 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 LAW LANE SOLICITORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£111.81K2022£444.94K2024
+298%vs 2022

+99.5% a year compound (CAGR)

Cash in Bank

£1.98M2022£1.54M2024
-22.1%vs 2022

-11.7% a year compound (CAGR)

Total Assets

£2.91M2022£2.51M2024
-13.8%vs 2022

-7.2% a year compound (CAGR)

Total Liabilities

£2.58M2022£1.89M2024
-26.6%vs 2022

-14.3% a year compound (CAGR)

Employees

512022592024
+15.7%vs 2022+8

Biggest increase

Net Assets+298%

£111.81K in 2022 to £444.94K in 2024

Biggest decrease

Total Liabilities-26.6%

£2.58M in 2022 to £1.89M in 2024

LAW LANE SOLICITORS LIMITED's filings pull in both directions between 2022 and 2024. 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 LAW LANE 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
17.72%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
75.34%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
81.52%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
61.42%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 LAW LANE SOLICITORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£109.21K111.81K201.87K444.94K
Total Assets£3.47M2.91M2.45M2.51M
Cash in Bank£2.52M1.98M1.52M1.54M
Total Liabilities£3.10M2.58M2.06M1.89M
Employees46515359

LAW LANE SOLICITORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has LAW LANE SOLICITORS LIMITED filed financial statements?

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

What net assets did LAW LANE SOLICITORS LIMITED report in 2024?

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LAW LANE SOLICITORS LIMITED reported net assets of £444.94K for 2024. That compares with £201.87K in 2023, a change of 120.41%.

What total assets did LAW LANE SOLICITORS LIMITED report in 2024?

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LAW LANE SOLICITORS LIMITED reported total assets of £2.51M for 2024. That compares with £2.45M in 2023, a change of 2.61%.

What cash in bank did LAW LANE SOLICITORS LIMITED report in 2024?

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LAW LANE SOLICITORS LIMITED reported cash in bank of £1.54M for 2024. That compares with £1.52M in 2023, a change of 1.47%.

How many people does LAW LANE SOLICITORS LIMITED employ?

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LAW LANE SOLICITORS LIMITED reported 59 employees in 2024, compared with 53 in 2023.

How have LAW LANE SOLICITORS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, LAW LANE SOLICITORS LIMITED's net assets rose by 298%, cash in bank fell by 22.1%, total assets fell by 13.8% and total liabilities fell by 26.6%. Net assets compounded at 99.5% a year across the two years to 2024, from £111.81K to £444.94K. Reported headcount went from 51 in 2022 to 59 in 2024 (+8).

Which years of LAW LANE 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.