MORISON AND SMITH LIMITED Financials
- Company number
- SC578297Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- 2nd Floor (East) Belgrave Court, Rosehall Road, Bellshill, North Lanarkshire ML4 3NR
- Incorporated
- 06/10/2017
Company snapshot
- Status
- Active
- Employees
- 18 (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
0.18%vs 20232023: £154.42K
Total Assets
-10.98%vs 20232023: £621.12K
Cash in Bank
9.66%vs 20232023: £8.29K
Total Liabilities
-14.24%vs 20232023: £450.86K
Employees
-2vs 20232023: 20
In 2024, MORISON AND SMITH LIMITED reported net assets of £154.70K. The same filing shows total assets of £552.93K, cash in bank of £9.09K and total liabilities of £386.65K. Reported headcount was 18 in 2024. Total Assets fell from £621.12K in 2023 to £552.93K in 2024 (-10.98%). 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
0.18%from £154.42K 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 MORISON AND SMITH LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+6.4%vs 2022+3.1% a year compound (CAGR)
Cash in Bank
-76.3%vs 2022-51.3% a year compound (CAGR)
Total Assets
-20.4%vs 2022-10.8% a year compound (CAGR)
Total Liabilities
-26.9%vs 2022-14.5% a year compound (CAGR)
Employees
-18.2%vs 2022-4Biggest increase
Net Assets+6.4%
£145.45K in 2022 to £154.70K in 2024
Biggest decrease
Cash in Bank-76.3%
£38.34K in 2022 to £9.09K in 2024
MORISON AND SMITH LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MORISON AND SMITH 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
- 27.98%2024
- Liabilities to total assets
- 69.93%2024
- Cash to liabilities
- 2.35%2024
- Cash to total assets
- 1.64%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 MORISON AND SMITH 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£ | 142.21K | 145.45K | 154.42K | 154.70K |
| Total Assets£ | 773.00K | 694.41K | 621.12K | 552.93K |
| Cash in Bank£ | 39.74K | 38.34K | 8.29K | 9.09K |
| Total Liabilities£ | 607.33K | 529.02K | 450.86K | 386.65K |
| Employees | 25 | 22 | 20 | 18 |
MORISON AND SMITH LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MORISON AND SMITH LIMITED filed financial statements?
Yes. Okredo holds filed figures for MORISON AND SMITH LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MORISON AND SMITH LIMITED report in 2024?
MORISON AND SMITH LIMITED reported net assets of £154.70K for 2024. That compares with £154.42K in 2023, a change of 0.18%.
What total assets did MORISON AND SMITH LIMITED report in 2024?
MORISON AND SMITH LIMITED reported total assets of £552.93K for 2024. That compares with £621.12K in 2023, a change of -10.98%.
What cash in bank did MORISON AND SMITH LIMITED report in 2024?
MORISON AND SMITH LIMITED reported cash in bank of £9.09K for 2024. That compares with £8.29K in 2023, a change of 9.66%.
How many people does MORISON AND SMITH LIMITED employ?
MORISON AND SMITH LIMITED reported 18 employees in 2024, compared with 20 in 2023.
How have MORISON AND SMITH LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MORISON AND SMITH LIMITED's net assets rose by 6.4%, cash in bank fell by 76.3%, total assets fell by 20.4% and total liabilities fell by 26.9%. Net assets compounded at 3.1% a year across the two years to 2024, from £145.45K to £154.70K. Reported headcount went from 22 in 2022 to 18 in 2024 (-4).
Which years of MORISON AND SMITH 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.