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OCL SOLICITORS LIMITED Financials

Company number
06078993Copy
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Registered office
Saturn, Balby Carr Bank, Doncaster DN4 5JQ
Incorporated
01/02/2007

Company snapshot

Status
Active
Employees
118 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£410.30K2024
147.19%vs 2023

2023: £165.99K

Total Assets

£2.78M2024
1.80%vs 2023

2023: £2.73M

Cash in Bank

£581.47K2024
17.19%vs 2023

2023: £496.18K

Total Liabilities

£2.37M2024
-7.59%vs 2023

2023: £2.57M

Employees

1182024
+18vs 2023

2023: 100

In 2024, OCL SOLICITORS LIMITED reported net assets of £410.30K. The same filing shows total assets of £2.78M, cash in bank of £581.47K and total liabilities of £2.37M. Reported headcount was 118 in 2024. Net Assets rose from £165.99K in 2023 to £410.30K in 2024 (147.19%). 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

£410.30K2024
147.19%from £165.99K 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 OCL SOLICITORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£6.94K2022£410.30K2024
+5811%vs 2022

+669% a year compound (CAGR)

Cash in Bank

£118.97K2022£581.47K2024
+389%vs 2022

+121% a year compound (CAGR)

Total Assets

£2.28M2022£2.78M2024
+21.9%vs 2022

+10.4% a year compound (CAGR)

Total Liabilities

£2.28M2022£2.37M2024
+4.2%vs 2022

+2.1% a year compound (CAGR)

Employees

8720221182024
+35.6%vs 2022+31

Biggest increase

Net Assets+5811%

£6.94K in 2022 to £410.30K in 2024

Every indicator Okredo holds for OCL SOLICITORS LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from OCL 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
14.74%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
85.26%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.

Cash to liabilities
24.50%2024

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
20.89%2024

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 OCL SOLICITORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£402.91K6.94K165.99K410.30K
Total Assets£2.40M2.28M2.73M2.78M
Cash in Bank£–118.97K496.18K581.47K
Total Liabilities£2.00M2.28M2.57M2.37M
Employees9387100118

OCL SOLICITORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has OCL SOLICITORS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for OCL SOLICITORS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did OCL SOLICITORS LIMITED report in 2024?

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OCL SOLICITORS LIMITED reported net assets of £410.30K for 2024. That compares with £165.99K in 2023, a change of 147.19%.

What total assets did OCL SOLICITORS LIMITED report in 2024?

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OCL SOLICITORS LIMITED reported total assets of £2.78M for 2024. That compares with £2.73M in 2023, a change of 1.80%.

What cash in bank did OCL SOLICITORS LIMITED report in 2024?

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OCL SOLICITORS LIMITED reported cash in bank of £581.47K for 2024. That compares with £496.18K in 2023, a change of 17.19%.

How many people does OCL SOLICITORS LIMITED employ?

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OCL SOLICITORS LIMITED reported 118 employees in 2024, compared with 100 in 2023.

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

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Between 2022 and 2024, OCL SOLICITORS LIMITED's net assets rose by 5811%, cash in bank rose by 389%, total assets rose by 21.9% and total liabilities rose by 4.2%. Net assets compounded at 669% a year across the two years to 2024, from £6.94K to £410.30K. Reported headcount went from 87 in 2022 to 118 in 2024 (+31).

Which years of OCL SOLICITORS 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.