MANCHESTER LAW SOCIETY(THE) Financials
- Company number
- 00005254Copy
Copy
- Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- 4th Floor Arkwright House, Parsonage Gardens, Manchester M3 2LF
- Incorporated
- 19/01/1871
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2023: £353.13K
Total Assets
2023: £410.77K
Cash in Bank
2023: £110.03K
Total Liabilities
2023: £56.21K
Employees
2023: 3
In 2024, MANCHESTER LAW SOCIETY(THE) reported net assets of £374.90K. The same filing shows total assets of £448.50K, cash in bank of £156.62K and total liabilities of £72.53K. Reported headcount was 3 in 2024. Cash in Bank rose from £110.03K in 2023 to £156.62K in 2024 (42.33%). 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
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 MANCHESTER LAW SOCIETY(THE) filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+6.4% a year compound (CAGR)
Cash in Bank
-8.9% a year compound (CAGR)
Total Assets
+7% a year compound (CAGR)
Total Liabilities
+10.9% a year compound (CAGR)
Employees
Biggest increase
Total Liabilities+23.1%
£58.94K in 2022 to £72.53K in 2024
Biggest decrease
Cash in Bank-17%
£188.70K in 2022 to £156.62K in 2024
MANCHESTER LAW SOCIETY(THE)'s filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MANCHESTER LAW SOCIETY(THE)'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
- 83.59%2024
- Liabilities to total assets
- 16.17%2024
- Cash to liabilities
- 215.92%2024
- Cash to total assets
- 34.92%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 MANCHESTER LAW SOCIETY(THE) by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 317.83K | 331.19K | 353.13K | 374.90K |
| Total Assets£ | 369.87K | 391.90K | 410.77K | 448.50K |
| Cash in Bank£ | 144.62K | 188.70K | 110.03K | 156.62K |
| Total Liabilities£ | 48.50K | 58.94K | 56.21K | 72.53K |
| Employees | 4 | 3 | 3 | 3 |
MANCHESTER LAW SOCIETY(THE) financials: frequently asked questions
Answered from this company's own filed figures.
Has MANCHESTER LAW SOCIETY(THE) filed financial statements?
Yes. Okredo holds filed figures for MANCHESTER LAW SOCIETY(THE) covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MANCHESTER LAW SOCIETY(THE) report in 2024?
MANCHESTER LAW SOCIETY(THE) reported net assets of £374.90K for 2024. That compares with £353.13K in 2023, a change of 6.17%.
What total assets did MANCHESTER LAW SOCIETY(THE) report in 2024?
MANCHESTER LAW SOCIETY(THE) reported total assets of £448.50K for 2024. That compares with £410.77K in 2023, a change of 9.19%.
What cash in bank did MANCHESTER LAW SOCIETY(THE) report in 2024?
MANCHESTER LAW SOCIETY(THE) reported cash in bank of £156.62K for 2024. That compares with £110.03K in 2023, a change of 42.33%.
How many people does MANCHESTER LAW SOCIETY(THE) employ?
MANCHESTER LAW SOCIETY(THE) reported 3 employees in 2024, compared with 3 in 2023.
How have MANCHESTER LAW SOCIETY(THE) financials changed over the last 3 years?
Between 2022 and 2024, MANCHESTER LAW SOCIETY(THE)'s net assets rose by 13.2%, cash in bank fell by 17%, total assets rose by 14.4% and total liabilities rose by 23.1%. Net assets compounded at 6.4% a year across the two years to 2024, from £331.19K to £374.90K. Reported headcount went from 3 in 2022 to 3 in 2024.
Which years of MANCHESTER LAW SOCIETY(THE) 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.