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MULLANS LAW ACCOUNTANTS LIMITED Financials

Company number
SC324891Copy
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Registered office
Unit B1, Block 14 115 Summerlee Street, Queenslie Industrial Estate, Glasgow G33 4DB
Incorporated
05/06/2007

Company snapshot

Status
Active
Employees
10 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£40.85K2024
Increasedvs 2023

2023: £0.00

Total Assets

£68.82K2024
Increasedvs 2023

2023: £0.00

Total Liabilities

£27.97K2024
Increasedvs 2023

2023: £0.00

Employees

102024
+1vs 2023

2023: 9

In 2024, MULLANS LAW ACCOUNTANTS LIMITED reported net assets of £40.85K. The same filing shows total assets of £68.82K and total liabilities of £27.97K. Reported headcount was 10 in 2024. Total Assets rose from £0.00 in 2023 to £68.82K in 2024. 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

£40.85K2024
Increasedfrom £0.00 in 2023

Year-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 MULLANS LAW ACCOUNTANTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.04K2022£40.85K2024
+3831%vs 2022

+527% a year compound (CAGR)

Total Assets

£33.57K2022£68.82K2024
+105%vs 2022

+43.2% a year compound (CAGR)

Total Liabilities

£32.53K2022£27.97K2024
-14%vs 2022

-7.3% a year compound (CAGR)

Employees

92022102024
+11.1%vs 2022+1

Biggest increase

Net Assets+3831%

£1.04K in 2022 to £40.85K in 2024

Biggest decrease

Total Liabilities-14%

£32.53K in 2022 to £27.97K in 2024

MULLANS LAW ACCOUNTANTS 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MULLANS LAW ACCOUNTANTS 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
59.36%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.

Liabilities to total assets
40.64%2024

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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for MULLANS LAW ACCOUNTANTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£70.80K1.04K0.0040.85K
Total Assets£107.46K33.57K0.0068.82K
Cash in Bank£––––
Total Liabilities£36.66K32.53K0.0027.97K
Employees109910

MULLANS LAW ACCOUNTANTS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MULLANS LAW ACCOUNTANTS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MULLANS LAW ACCOUNTANTS LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did MULLANS LAW ACCOUNTANTS LIMITED report in 2024?

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MULLANS LAW ACCOUNTANTS LIMITED reported net assets of £40.85K for 2024. That compares with £0.00 in 2023.

What total assets did MULLANS LAW ACCOUNTANTS LIMITED report in 2024?

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MULLANS LAW ACCOUNTANTS LIMITED reported total assets of £68.82K for 2024. That compares with £0.00 in 2023.

What total liabilities did MULLANS LAW ACCOUNTANTS LIMITED report in 2024?

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MULLANS LAW ACCOUNTANTS LIMITED reported total liabilities of £27.97K for 2024. That compares with £0.00 in 2023.

How many people does MULLANS LAW ACCOUNTANTS LIMITED employ?

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MULLANS LAW ACCOUNTANTS LIMITED reported 10 employees in 2024, compared with 9 in 2023.

How have MULLANS LAW ACCOUNTANTS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, MULLANS LAW ACCOUNTANTS LIMITED's net assets rose by 3831%, total assets rose by 105%, total liabilities fell by 14% and employee numbers rose by 11.1%. Net assets compounded at 527% a year across the two years to 2024, from £1.04K to £40.85K. Reported headcount went from 9 in 2022 to 10 in 2024 (+1).

Which years of MULLANS LAW ACCOUNTANTS LIMITED financial data are available?

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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.