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MICHAEL LAIRD ARCHITECTS LIMITED Financials

Company number
SC255196Copy
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Registered office
5 Forres Street, Edinburgh, Midlothian EH3 6DE
Incorporated
02/09/2003

Company snapshot

Status
Active
Employees
81 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£1.58M2024
2.55%vs 2023

2023: £1.54M

Total Assets

£2.70M2024
-9.05%vs 2023

2023: £2.97M

Cash in Bank

£940.31K2024
-14.40%vs 2023

2023: £1.10M

Total Liabilities

£1.12M2024
-21.53%vs 2023

2023: £1.43M

Employees

812024
-1vs 2023

2023: 82

In 2024, MICHAEL LAIRD ARCHITECTS LIMITED reported net assets of £1.58M. The same filing shows total assets of £2.70M, cash in bank of £940.31K and total liabilities of £1.12M. Reported headcount was 81 in 2024. Total Liabilities fell from £1.43M in 2023 to £1.12M in 2024 (-21.53%). 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

£1.58M2024
2.55%from £1.54M 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 MICHAEL LAIRD ARCHITECTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.53M2022£1.58M2024
+2.9%vs 2022

+1.5% a year compound (CAGR)

Cash in Bank

£1.26M2022£940.31K2024
-25.4%vs 2022

-13.6% a year compound (CAGR)

Total Assets

£3.06M2022£2.70M2024
-11.7%vs 2022

-6% a year compound (CAGR)

Total Liabilities

£1.53M2022£1.12M2024
-26.4%vs 2022

-14.2% a year compound (CAGR)

Employees

762022812024
+6.6%vs 2022+5

Biggest increase

Employees+6.6%

76 in 2022 to 81 in 2024

Biggest decrease

Total Liabilities-26.4%

£1.53M in 2022 to £1.12M in 2024

MICHAEL LAIRD ARCHITECTS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 MICHAEL LAIRD ARCHITECTS 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
58.44%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
41.56%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
83.77%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
34.82%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 MICHAEL LAIRD ARCHITECTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.44M1.53M1.54M1.58M
Total Assets£2.74M3.06M2.97M2.70M
Cash in Bank£1.10M1.26M1.10M940.31K
Total Liabilities£1.30M1.53M1.43M1.12M
Employees67768281

MICHAEL LAIRD ARCHITECTS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MICHAEL LAIRD ARCHITECTS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MICHAEL LAIRD ARCHITECTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did MICHAEL LAIRD ARCHITECTS LIMITED report in 2024?

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MICHAEL LAIRD ARCHITECTS LIMITED reported net assets of £1.58M for 2024. That compares with £1.54M in 2023, a change of 2.55%.

What total assets did MICHAEL LAIRD ARCHITECTS LIMITED report in 2024?

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MICHAEL LAIRD ARCHITECTS LIMITED reported total assets of £2.70M for 2024. That compares with £2.97M in 2023, a change of -9.05%.

What cash in bank did MICHAEL LAIRD ARCHITECTS LIMITED report in 2024?

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MICHAEL LAIRD ARCHITECTS LIMITED reported cash in bank of £940.31K for 2024. That compares with £1.10M in 2023, a change of -14.40%.

How many people does MICHAEL LAIRD ARCHITECTS LIMITED employ?

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MICHAEL LAIRD ARCHITECTS LIMITED reported 81 employees in 2024, compared with 82 in 2023.

How have MICHAEL LAIRD ARCHITECTS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, MICHAEL LAIRD ARCHITECTS LIMITED's net assets rose by 2.9%, cash in bank fell by 25.4%, total assets fell by 11.7% and total liabilities fell by 26.4%. Net assets compounded at 1.5% a year across the two years to 2024, from £1.53M to £1.58M. Reported headcount went from 76 in 2022 to 81 in 2024 (+5).

Which years of MICHAEL LAIRD ARCHITECTS 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.