MORAY LEGAL LIMITED Financials
- Company number
- SC459802Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- The Forsyth Building, 5 Renfield Street, Glasgow G2 5EZ
- Incorporated
- 23/09/2013
Company snapshot
- Status
- Active
- Employees
- 37 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-71.27%vs 20232023: £-380.74K
Total Assets
-20.20%vs 20232023: £2.52M
Cash in Bank
-62.54%vs 20232023: £192.31K
Total Liabilities
-7.95%vs 20232023: £2.89M
Employees
-26vs 20232023: 63
In 2024, MORAY LEGAL LIMITED reported net assets of £-652.08K. The same filing shows total assets of £2.01M, cash in bank of £72.04K and total liabilities of £2.66M. Reported headcount was 37 in 2024. Total Assets fell from £2.52M in 2023 to £2.01M in 2024 (-20.20%). 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
-71.27%from £-380.74K in 2023Year-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 MORAY LEGAL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-217%vs 2022Cash in Bank
-55.9%vs 2022-33.6% a year compound (CAGR)
Total Assets
-36.9%vs 2022-20.5% a year compound (CAGR)
Total Liabilities
+2.2%vs 2022+1.1% a year compound (CAGR)
Employees
-53.2%vs 2022-42Biggest increase
Total Liabilities+2.2%
£2.60M in 2022 to £2.66M in 2024
Biggest decrease
Net Assets-217%
£555.68K in 2022 to £-652.08K in 2024
MORAY LEGAL LIMITED's filings pull in both directions between 2022 and 2024. 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 MORAY LEGAL 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
- -32.48%2024
- Liabilities to total assets
- 132.45%2024
- Cash to liabilities
- 2.71%2024
- Cash to total assets
- 3.59%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.
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 MORAY LEGAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.34M | 555.68K | -380.74K | -652.08K |
| Total Assets£ | 3.28M | 3.18M | 2.52M | 2.01M |
| Cash in Bank£ | 593.87K | 163.29K | 192.31K | 72.04K |
| Total Liabilities£ | 1.91M | 2.60M | 2.89M | 2.66M |
| Employees | 78 | 79 | 63 | 37 |
MORAY LEGAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MORAY LEGAL LIMITED filed financial statements?
Yes. Okredo holds filed figures for MORAY LEGAL LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MORAY LEGAL LIMITED report in 2024?
MORAY LEGAL LIMITED reported net assets of £-652.08K for 2024. That compares with £-380.74K in 2023, a change of -71.27%.
What total assets did MORAY LEGAL LIMITED report in 2024?
MORAY LEGAL LIMITED reported total assets of £2.01M for 2024. That compares with £2.52M in 2023, a change of -20.20%.
What cash in bank did MORAY LEGAL LIMITED report in 2024?
MORAY LEGAL LIMITED reported cash in bank of £72.04K for 2024. That compares with £192.31K in 2023, a change of -62.54%.
How many people does MORAY LEGAL LIMITED employ?
MORAY LEGAL LIMITED reported 37 employees in 2024, compared with 63 in 2023.
How have MORAY LEGAL LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MORAY LEGAL LIMITED's net assets fell by 217%, cash in bank fell by 55.9%, total assets fell by 36.9% and total liabilities rose by 2.2%. Cash in bank contracted at 33.6% a year across the two years to 2024, from £163.29K to £72.04K. Reported headcount went from 79 in 2022 to 37 in 2024 (-42).
Which years of MORAY LEGAL LIMITED financial data are available?
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.