MICHAEL LESTER PRACTICE LIMITED Financials
- Company number
- 05725901Copy
Copy - Registered office
- Faulkner House, 31 West Street, Wimborne, Dorset BH21 1JS
- Incorporated
- 01/03/2006
Company snapshot
- Status
- Active
- Employees
- 5 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
28.51%vs 20242024: £1.97K
Total Assets
3.36%vs 20242024: £470.77K
Cash in Bank
15.51%vs 20242024: £14.00K
Total Liabilities
15.24%vs 20242024: £300.89K
Employees
0vs 20242024: 5
In 2025, MICHAEL LESTER PRACTICE LIMITED reported net assets of £2.53K. The same filing shows total assets of £486.58K, cash in bank of £16.18K and total liabilities of £346.73K. Reported headcount was 5 in 2025. Total Liabilities rose from £300.89K in 2024 to £346.73K in 2025 (15.24%). 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
28.51%from £1.97K in 2024Year-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 MICHAEL LESTER PRACTICE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-98.8%vs 2023-88.9% a year compound (CAGR)
Cash in Bank
-25.1%vs 2023-13.5% a year compound (CAGR)
Total Assets
+36.9%vs 2023+17% a year compound (CAGR)
Total Liabilities
+426%vs 2023+129% a year compound (CAGR)
Employees
+25%vs 2023+1Biggest increase
Total Liabilities+426%
£65.97K in 2023 to £346.73K in 2025
Biggest decrease
Net Assets-98.8%
£206.89K in 2023 to £2.53K in 2025
MICHAEL LESTER PRACTICE LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MICHAEL LESTER PRACTICE 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
- 0.52%2025
- Liabilities to total assets
- 71.26%2025
- Cash to liabilities
- 4.67%2025
- Cash to total assets
- 3.32%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.
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 MICHAEL LESTER PRACTICE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 377.60K | 309.06K | 206.89K | 1.97K | 2.53K |
| Total Assets£ | 499.60K | 469.13K | 355.54K | 470.77K | 486.58K |
| Cash in Bank£ | 119.04K | 2.15K | 21.61K | 14.00K | 16.18K |
| Total Liabilities£ | 39.94K | 74.85K | 65.97K | 300.89K | 346.73K |
| Employees | 2 | 2 | 4 | 5 | 5 |
MICHAEL LESTER PRACTICE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MICHAEL LESTER PRACTICE LIMITED filed financial statements?
Yes. Okredo holds filed figures for MICHAEL LESTER PRACTICE LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did MICHAEL LESTER PRACTICE LIMITED report in 2025?
MICHAEL LESTER PRACTICE LIMITED reported net assets of £2.53K for 2025. That compares with £1.97K in 2024, a change of 28.51%.
What total assets did MICHAEL LESTER PRACTICE LIMITED report in 2025?
MICHAEL LESTER PRACTICE LIMITED reported total assets of £486.58K for 2025. That compares with £470.77K in 2024, a change of 3.36%.
What cash in bank did MICHAEL LESTER PRACTICE LIMITED report in 2025?
MICHAEL LESTER PRACTICE LIMITED reported cash in bank of £16.18K for 2025. That compares with £14.00K in 2024, a change of 15.51%.
How many people does MICHAEL LESTER PRACTICE LIMITED employ?
MICHAEL LESTER PRACTICE LIMITED reported 5 employees in 2025, compared with 5 in 2024.
How have MICHAEL LESTER PRACTICE LIMITED financials changed over the last 3 years?
Between 2023 and 2025, MICHAEL LESTER PRACTICE LIMITED's net assets fell by 98.8%, cash in bank fell by 25.1%, total assets rose by 36.9% and total liabilities rose by 426%. Net assets contracted at 88.9% a year across the two years to 2025, from £206.89K to £2.53K. Reported headcount went from 4 in 2023 to 5 in 2025 (+1).
Which years of MICHAEL LESTER PRACTICE LIMITED financial data are available?
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.