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MB SOLICITORS LIMITED Financials

Company number
06582666Copy
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Registered office
Studio 3 The Quays, Concordia Street, Leeds, West Yorkshire LS1 4ES
Incorporated
01/05/2008

Company snapshot

Status
Active
Employees
10 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£104.62K2025
4.04%vs 2024

2024: £100.56K

Total Assets

£349.00K2025
-28.52%vs 2024

2024: £488.24K

Cash in Bank

£54.44K2025
-66.94%vs 2024

2024: £164.66K

Total Liabilities

£244.38K2025
-36.96%vs 2024

2024: £387.68K

Employees

102025
0vs 2024

2024: 10

In 2025, MB SOLICITORS LIMITED reported net assets of £104.62K. The same filing shows total assets of £349.00K, cash in bank of £54.44K and total liabilities of £244.38K. Reported headcount was 10 in 2025. Total Liabilities fell from £387.68K in 2024 to £244.38K in 2025 (-36.96%). Okredo holds filed figures for 2021–2025; 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

£104.62K2025
4.04%from £100.56K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures MB SOLICITORS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£729.83K2023£104.62K2025
-85.7%vs 2023

-62.1% a year compound (CAGR)

Cash in Bank

£527.38K2023£54.44K2025
-89.7%vs 2023

-67.9% a year compound (CAGR)

Total Assets

£1.09M2023£349.00K2025
-67.9%vs 2023

-43.4% a year compound (CAGR)

Total Liabilities

£358.72K2023£244.38K2025
-31.9%vs 2023

-17.5% a year compound (CAGR)

Employees

122023102025
-16.7%vs 2023-2

Biggest decrease

Cash in Bank-89.7%

£527.38K in 2023 to £54.44K in 2025

Every indicator Okredo holds for MB SOLICITORS LIMITED fell between 2023 and 2025. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MB 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
29.98%2025

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
70.02%2025

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
22.28%2025

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
15.60%2025

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 MB SOLICITORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£1.90M1.24M729.83K100.56K104.62K
Total Assets£2.32M1.73M1.09M488.24K349.00K
Cash in Bank£723.32K367.68K527.38K164.66K54.44K
Total Liabilities£419.63K485.59K358.72K387.68K244.38K
Employees1212121010

MB SOLICITORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MB SOLICITORS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MB SOLICITORS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did MB SOLICITORS LIMITED report in 2025?

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MB SOLICITORS LIMITED reported net assets of £104.62K for 2025. That compares with £100.56K in 2024, a change of 4.04%.

What total assets did MB SOLICITORS LIMITED report in 2025?

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MB SOLICITORS LIMITED reported total assets of £349.00K for 2025. That compares with £488.24K in 2024, a change of -28.52%.

What cash in bank did MB SOLICITORS LIMITED report in 2025?

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MB SOLICITORS LIMITED reported cash in bank of £54.44K for 2025. That compares with £164.66K in 2024, a change of -66.94%.

How many people does MB SOLICITORS LIMITED employ?

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MB SOLICITORS LIMITED reported 10 employees in 2025, compared with 10 in 2024.

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

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Between 2023 and 2025, MB SOLICITORS LIMITED's net assets fell by 85.7%, cash in bank fell by 89.7%, total assets fell by 67.9% and total liabilities fell by 31.9%. Net assets contracted at 62.1% a year across the two years to 2025, from £729.83K to £104.62K. Reported headcount went from 12 in 2023 to 10 in 2025 (-2).

Which years of MB SOLICITORS LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.