LEGAL CLARITY LIMITED Financials
- Company number
- 06452925Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- 1st Floor, Charles House, 148-149 Gt Charles Street, Birmingham, West Midlands B3 3HT
- Incorporated
- 13/12/2007
Company snapshot
- Status
- Active
- Employees
- 24 (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
102.27%vs 20232023: £262.80K
Total Assets
73.10%vs 20232023: £656.12K
Cash in Bank
386.80%vs 20232023: £99.45K
Total Liabilities
53.61%vs 20232023: £393.31K
Employees
+6vs 20232023: 18
In 2024, LEGAL CLARITY LIMITED reported net assets of £531.57K. The same filing shows total assets of £1.14M, cash in bank of £484.13K and total liabilities of £604.16K. Reported headcount was 24 in 2024. Total Assets rose from £656.12K in 2023 to £1.14M in 2024 (73.10%). 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
102.27%from £262.80K 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 LEGAL CLARITY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+163%vs 2022+62% a year compound (CAGR)
Cash in Bank
+376%vs 2022+118% a year compound (CAGR)
Total Assets
+135%vs 2022+53.2% a year compound (CAGR)
Total Liabilities
+115%vs 2022+46.5% a year compound (CAGR)
Employees
+71.4%vs 2022+10Biggest increase
Cash in Bank+376%
£101.78K in 2022 to £484.13K in 2024
Every indicator Okredo holds for LEGAL CLARITY 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 LEGAL CLARITY 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
- 46.80%2024
- Liabilities to total assets
- 53.20%2024
- Cash to liabilities
- 80.13%2024
- Cash to total assets
- 42.63%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 LEGAL CLARITY 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£ | 264.91K | 202.50K | 262.80K | 531.57K |
| Total Assets£ | 575.59K | 483.90K | 656.12K | 1.14M |
| Cash in Bank£ | 65.65K | 101.78K | 99.45K | 484.13K |
| Total Liabilities£ | 310.68K | 281.41K | 393.31K | 604.16K |
| Employees | 14 | 14 | 18 | 24 |
LEGAL CLARITY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has LEGAL CLARITY LIMITED filed financial statements?
Yes. Okredo holds filed figures for LEGAL CLARITY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did LEGAL CLARITY LIMITED report in 2024?
LEGAL CLARITY LIMITED reported net assets of £531.57K for 2024. That compares with £262.80K in 2023, a change of 102.27%.
What total assets did LEGAL CLARITY LIMITED report in 2024?
LEGAL CLARITY LIMITED reported total assets of £1.14M for 2024. That compares with £656.12K in 2023, a change of 73.10%.
What cash in bank did LEGAL CLARITY LIMITED report in 2024?
LEGAL CLARITY LIMITED reported cash in bank of £484.13K for 2024. That compares with £99.45K in 2023, a change of 386.80%.
How many people does LEGAL CLARITY LIMITED employ?
LEGAL CLARITY LIMITED reported 24 employees in 2024, compared with 18 in 2023.
How have LEGAL CLARITY LIMITED financials changed over the last 3 years?
Between 2022 and 2024, LEGAL CLARITY LIMITED's net assets rose by 163%, cash in bank rose by 376%, total assets rose by 135% and total liabilities rose by 115%. Net assets compounded at 62% a year across the two years to 2024, from £202.50K to £531.57K. Reported headcount went from 14 in 2022 to 24 in 2024 (+10).
Which years of LEGAL CLARITY 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.