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ONLINE LEGAL SERVICES SOLICITORS LIMITED Financials

Company number
10002216Copy
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Registered office
12 Murray Street, Llanelli SA15 1DZ
Incorporated
12/02/2016

Company snapshot

Status
Active
Employees
10 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£173.96K2024
58.76%vs 2023

2023: £109.58K

Total Assets

£286.65K2024
37.99%vs 2023

2023: £207.74K

Cash in Bank

£99.18K2024
19.93%vs 2023

2023: £82.70K

Total Liabilities

£108.88K2024
15.89%vs 2023

2023: £93.94K

Employees

102024
0vs 2023

2023: 10

In 2024, ONLINE LEGAL SERVICES SOLICITORS LIMITED reported net assets of £173.96K. The same filing shows total assets of £286.65K, cash in bank of £99.18K and total liabilities of £108.88K. Reported headcount was 10 in 2024. Total Assets rose from £207.74K in 2023 to £286.65K in 2024 (37.99%). 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

£173.96K2024
58.76%from £109.58K 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 ONLINE LEGAL SERVICES SOLICITORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£208.28K2022£173.96K2024
-16.5%vs 2022

-8.6% a year compound (CAGR)

Cash in Bank

£172.31K2022£99.18K2024
-42.4%vs 2022

-24.1% a year compound (CAGR)

Total Assets

£350.51K2022£286.65K2024
-18.2%vs 2022

-9.6% a year compound (CAGR)

Total Liabilities

£135.72K2022£108.88K2024
-19.8%vs 2022

-10.4% a year compound (CAGR)

Employees

82022102024
+25%vs 2022+2

Biggest increase

Employees+25%

8 in 2022 to 10 in 2024

Biggest decrease

Cash in Bank-42.4%

£172.31K in 2022 to £99.18K in 2024

ONLINE LEGAL SERVICES SOLICITORS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 ONLINE LEGAL SERVICES 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
60.69%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
37.98%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
91.09%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
34.60%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 ONLINE LEGAL SERVICES SOLICITORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£184.69K208.28K109.58K173.96K
Total Assets£293.80K350.51K207.74K286.65K
Cash in Bank£–172.31K82.70K99.18K
Total Liabilities£109.10K135.72K93.94K108.88K
Employees881010

ONLINE LEGAL SERVICES SOLICITORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has ONLINE LEGAL SERVICES SOLICITORS LIMITED filed financial statements?

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

What net assets did ONLINE LEGAL SERVICES SOLICITORS LIMITED report in 2024?

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ONLINE LEGAL SERVICES SOLICITORS LIMITED reported net assets of £173.96K for 2024. That compares with £109.58K in 2023, a change of 58.76%.

What total assets did ONLINE LEGAL SERVICES SOLICITORS LIMITED report in 2024?

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ONLINE LEGAL SERVICES SOLICITORS LIMITED reported total assets of £286.65K for 2024. That compares with £207.74K in 2023, a change of 37.99%.

What cash in bank did ONLINE LEGAL SERVICES SOLICITORS LIMITED report in 2024?

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ONLINE LEGAL SERVICES SOLICITORS LIMITED reported cash in bank of £99.18K for 2024. That compares with £82.70K in 2023, a change of 19.93%.

How many people does ONLINE LEGAL SERVICES SOLICITORS LIMITED employ?

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ONLINE LEGAL SERVICES SOLICITORS LIMITED reported 10 employees in 2024, compared with 10 in 2023.

How have ONLINE LEGAL SERVICES SOLICITORS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, ONLINE LEGAL SERVICES SOLICITORS LIMITED's net assets fell by 16.5%, cash in bank fell by 42.4%, total assets fell by 18.2% and total liabilities fell by 19.8%. Net assets contracted at 8.6% a year across the two years to 2024, from £208.28K to £173.96K. Reported headcount went from 8 in 2022 to 10 in 2024 (+2).

Which years of ONLINE LEGAL SERVICES 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.