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MILBURNS SOLICITORS LIMITED Financials

Company number
08759066Copy
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Registered office
21/23 Oxford Street, Workington, Cumbria CA14 2AL
Incorporated
01/11/2013

Company snapshot

Status
Active
Employees
36 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£863.14K2025
-24.03%vs 2024

2024: £1.14M

Total Assets

£1.82M2025
18.32%vs 2024

2024: £1.54M

Cash in Bank

£1.05M2025
46.86%vs 2024

2024: £713.30K

Total Liabilities

£955.46K2025
138.41%vs 2024

2024: £400.77K

Employees

362025
-1vs 2024

2024: 37

In 2025, MILBURNS SOLICITORS LIMITED reported net assets of £863.14K. The same filing shows total assets of £1.82M, cash in bank of £1.05M and total liabilities of £955.46K. Reported headcount was 36 in 2025. Total Liabilities rose from £400.77K in 2024 to £955.46K in 2025 (138.41%). 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

£863.14K2025
-24.03%from £1.14M 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 MILBURNS SOLICITORS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£1.13M2023£863.14K2025
-23.4%vs 2023

-12.5% a year compound (CAGR)

Cash in Bank

£864.70K2023£1.05M2025
+21.1%vs 2023

+10.1% a year compound (CAGR)

Total Assets

£1.89M2023£1.82M2025
-3.7%vs 2023

-1.9% a year compound (CAGR)

Total Liabilities

£663.64K2023£955.46K2025
+44%vs 2023

+20% a year compound (CAGR)

Employees

382023362025
-5.3%vs 2023-2

Biggest increase

Total Liabilities+44%

£663.64K in 2023 to £955.46K in 2025

Biggest decrease

Net Assets-23.4%

£1.13M in 2023 to £863.14K in 2025

MILBURNS SOLICITORS 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 MILBURNS 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
47.46%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
52.54%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
109.64%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
57.60%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 MILBURNS SOLICITORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£413.39K592.13K1.13M1.14M863.14K
Total Assets£1.57M1.47M1.89M1.54M1.82M
Cash in Bank£614.63K676.20K864.70K713.30K1.05M
Total Liabilities£1.05M797.47K663.64K400.77K955.46K
Employees3942383736

MILBURNS SOLICITORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MILBURNS SOLICITORS LIMITED filed financial statements?

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

What net assets did MILBURNS SOLICITORS LIMITED report in 2025?

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MILBURNS SOLICITORS LIMITED reported net assets of £863.14K for 2025. That compares with £1.14M in 2024, a change of -24.03%.

What total assets did MILBURNS SOLICITORS LIMITED report in 2025?

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MILBURNS SOLICITORS LIMITED reported total assets of £1.82M for 2025. That compares with £1.54M in 2024, a change of 18.32%.

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

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MILBURNS SOLICITORS LIMITED reported cash in bank of £1.05M for 2025. That compares with £713.30K in 2024, a change of 46.86%.

How many people does MILBURNS SOLICITORS LIMITED employ?

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MILBURNS SOLICITORS LIMITED reported 36 employees in 2025, compared with 37 in 2024.

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

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Between 2023 and 2025, MILBURNS SOLICITORS LIMITED's net assets fell by 23.4%, cash in bank rose by 21.1%, total assets fell by 3.7% and total liabilities rose by 44%. Net assets contracted at 12.5% a year across the two years to 2025, from £1.13M to £863.14K. Reported headcount went from 38 in 2023 to 36 in 2025 (-2).

Which years of MILBURNS 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.