MEDICAL AND LEGAL ADMIN SERVICES LIMITED Financials
- Company number
- 07295685CopyCopy
- Registered office
- Premex House Futura Park, Horwich, Bolton BL6 6SX
- Incorporated
- 25/06/2010
Company snapshot
- Status
- Active
- Employees
- 46 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-33.61%vs 20222022: £356.88K
Total Assets
5.69%vs 20222022: £1.01M
Cash in Bank
-78.86%vs 20222022: £1.88K
Total Liabilities
27.30%vs 20222022: £649.03K
Employees
+3vs 20222022: 43
In 2023, MEDICAL AND LEGAL ADMIN SERVICES LIMITED reported net assets of £236.93K. The same filing shows total assets of £1.06M, cash in bank of £398.00 and total liabilities of £826.20K. Reported headcount was 46 in 2023. Total Liabilities rose from £649.03K in 2022 to £826.20K in 2023 (27.30%). Okredo holds filed figures for 2021–2023; 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
-33.61%from £356.88K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures MEDICAL AND LEGAL ADMIN SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-9.9%vs 2021-5.1% a year compound (CAGR)
Cash in Bank
-98.9%vs 2021-89.3% a year compound (CAGR)
Total Assets
+67.3%vs 2021+29.3% a year compound (CAGR)
Total Liabilities
+122%vs 2021+49% a year compound (CAGR)
Employees
+48.4%vs 2021+15Biggest increase
Total Liabilities+122%
£372.35K in 2021 to £826.20K in 2023
Biggest decrease
Cash in Bank-98.9%
£34.79K in 2021 to £398.00 in 2023
MEDICAL AND LEGAL ADMIN SERVICES LIMITED's filings pull in both directions between 2021 and 2023. 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 MEDICAL AND LEGAL ADMIN SERVICES 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
- 22.29%2023
- 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
- 77.71%2023
- 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
- 0.05%2023
- 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
- 0.04%2023
- 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 MEDICAL AND LEGAL ADMIN SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 263.09K | 356.88K | 236.93K |
| Total Assets£ | 635.44K | 1.01M | 1.06M |
| Cash in Bank£ | 34.79K | 1.88K | 398.00 |
| Total Liabilities£ | 372.35K | 649.03K | 826.20K |
| Employees | 31 | 43 | 46 |
MEDICAL AND LEGAL ADMIN SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MEDICAL AND LEGAL ADMIN SERVICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MEDICAL AND LEGAL ADMIN SERVICES LIMITED reported net assets of £236.93K for 2023. That compares with £356.88K in 2022, a change of -33.61%.
MEDICAL AND LEGAL ADMIN SERVICES LIMITED reported total assets of £1.06M for 2023. That compares with £1.01M in 2022, a change of 5.69%.
MEDICAL AND LEGAL ADMIN SERVICES LIMITED reported cash in bank of £398.00 for 2023. That compares with £1.88K in 2022, a change of -78.86%.
MEDICAL AND LEGAL ADMIN SERVICES LIMITED reported 46 employees in 2023, compared with 43 in 2022.
Between 2021 and 2023, MEDICAL AND LEGAL ADMIN SERVICES LIMITED's net assets fell by 9.9%, cash in bank fell by 98.9%, total assets rose by 67.3% and total liabilities rose by 122%. Net assets contracted at 5.1% a year across the two years to 2023, from £263.09K to £236.93K. Reported headcount went from 31 in 2021 to 46 in 2023 (+15).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.