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MILLS & CO. SOLICITORS LTD Financials

Company number
09654668Copy
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Registered office
Portland House, 54 New Bridge Street West, Newcastle Upon Tyne NE1 8AP
Incorporated
24/06/2015

Company snapshot

Status
Active
Employees
41 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2025.

Net Assets

£4.20M2025
11.34%vs 2024

2024: £3.77M

Total Assets

£6.29M2025
5.92%vs 2024

2024: £5.94M

Cash in Bank

£1.50M2025
34.35%vs 2024

2024: £1.12M

Total Liabilities

£1.79M2025
-0.82%vs 2024

2024: £1.81M

Employees

412025
+2vs 2024

2024: 39

In 2025, MILLS & CO. SOLICITORS LTD reported net assets of £4.20M. The same filing shows total assets of £6.29M, cash in bank of £1.50M and total liabilities of £1.79M. Reported headcount was 41 in 2025. Net Assets rose from £3.77M in 2024 to £4.20M in 2025 (11.34%). Okredo holds filed figures for 2022–2025; 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

£4.20M2025
11.34%from £3.77M in 2024

Year-on-year change

Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

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

Net Assets

£3.21M2023£4.20M2025
+30.7%vs 2023

+14.3% a year compound (CAGR)

Cash in Bank

£927.83K2023£1.50M2025
+61.9%vs 2023

+27.2% a year compound (CAGR)

Total Assets

£4.91M2023£6.29M2025
+28.1%vs 2023

+13.2% a year compound (CAGR)

Total Liabilities

£1.61M2023£1.79M2025
+11.5%vs 2023

+5.6% a year compound (CAGR)

Employees

372023412025
+10.8%vs 2023+4

Biggest increase

Cash in Bank+61.9%

£927.83K in 2023 to £1.50M in 2025

Every indicator Okredo holds for MILLS & CO. SOLICITORS LTD rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MILLS & CO. SOLICITORS LTD'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
66.72%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
28.47%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
83.86%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
23.88%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 MILLS & CO. SOLICITORS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2022202320242025
Net Assets£2.69M3.21M3.77M4.20M
Total Assets£4.58M4.91M5.94M6.29M
Cash in Bank£905.67K927.83K1.12M1.50M
Total Liabilities£1.82M1.61M1.81M1.79M
Employees36373941

MILLS & CO. SOLICITORS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has MILLS & CO. SOLICITORS LTD filed financial statements?

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Yes. Okredo holds filed figures for MILLS & CO. SOLICITORS LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did MILLS & CO. SOLICITORS LTD report in 2025?

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MILLS & CO. SOLICITORS LTD reported net assets of £4.20M for 2025. That compares with £3.77M in 2024, a change of 11.34%.

What total assets did MILLS & CO. SOLICITORS LTD report in 2025?

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MILLS & CO. SOLICITORS LTD reported total assets of £6.29M for 2025. That compares with £5.94M in 2024, a change of 5.92%.

What cash in bank did MILLS & CO. SOLICITORS LTD report in 2025?

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MILLS & CO. SOLICITORS LTD reported cash in bank of £1.50M for 2025. That compares with £1.12M in 2024, a change of 34.35%.

How many people does MILLS & CO. SOLICITORS LTD employ?

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MILLS & CO. SOLICITORS LTD reported 41 employees in 2025, compared with 39 in 2024.

How have MILLS & CO. SOLICITORS LTD financials changed over the last 3 years?

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Between 2023 and 2025, MILLS & CO. SOLICITORS LTD's net assets rose by 30.7%, cash in bank rose by 61.9%, total assets rose by 28.1% and total liabilities rose by 11.5%. Net assets compounded at 14.3% a year across the two years to 2025, from £3.21M to £4.20M. Reported headcount went from 37 in 2023 to 41 in 2025 (+4).

Which years of MILLS & CO. SOLICITORS LTD financial data are available?

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Okredo holds reported figures for the years 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.