OPEN LAW LTD Financials
- Company number
- 12083385Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- Britannia Mills, Slaithwaite, Huddersfield HD7 5HE
- Incorporated
- 03/07/2019
Company snapshot
- Status
- Active
- Employees
- 33 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
4.42%vs 20242024: £474.97K
Total Assets
366.62%vs 20242024: £940.54K
Cash in Bank
550.51%vs 20242024: £63.64K
Total Liabilities
1.08K%vs 20242024: £316.43K
Employees
+1vs 20242024: 32
In 2025, OPEN LAW LTD reported net assets of £495.98K. The same filing shows total assets of £4.39M, cash in bank of £414.01K and total liabilities of £3.73M. Reported headcount was 33 in 2025. Total Assets rose from £940.54K in 2024 to £4.39M in 2025 (366.62%). Okredo holds filed figures for 2021–2025; 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
4.42%from £474.97K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures OPEN LAW LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-7.3%vs 2023-3.7% a year compound (CAGR)
Cash in Bank
+147%vs 2023+57.1% a year compound (CAGR)
Total Assets
+263%vs 2023+90.4% a year compound (CAGR)
Total Liabilities
+622%vs 2023+169% a year compound (CAGR)
Employees
+6.5%vs 2023+2Biggest increase
Total Liabilities+622%
£516.96K in 2023 to £3.73M in 2025
Biggest decrease
Net Assets-7.3%
£535.25K in 2023 to £495.98K in 2025
OPEN LAW LTD's filings pull in both directions between 2023 and 2025. 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 OPEN LAW LTD'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
- 11.30%2025
- Liabilities to total assets
- 85.09%2025
- Cash to liabilities
- 11.09%2025
- Cash to total assets
- 9.43%2025
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 OPEN LAW LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 356.86K | 469.21K | 535.25K | 474.97K | 495.98K |
| Total Assets£ | 778.96K | 1.05M | 1.21M | 940.54K | 4.39M |
| Cash in Bank£ | – | 233.50K | 167.80K | 63.64K | 414.01K |
| Total Liabilities£ | 422.10K | 414.47K | 516.96K | 316.43K | 3.73M |
| Employees | 23 | 26 | 31 | 32 | 33 |
OPEN LAW LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has OPEN LAW LTD filed financial statements?
Yes. Okredo holds filed figures for OPEN LAW LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did OPEN LAW LTD report in 2025?
OPEN LAW LTD reported net assets of £495.98K for 2025. That compares with £474.97K in 2024, a change of 4.42%.
What total assets did OPEN LAW LTD report in 2025?
OPEN LAW LTD reported total assets of £4.39M for 2025. That compares with £940.54K in 2024, a change of 366.62%.
What cash in bank did OPEN LAW LTD report in 2025?
OPEN LAW LTD reported cash in bank of £414.01K for 2025. That compares with £63.64K in 2024, a change of 550.51%.
How many people does OPEN LAW LTD employ?
OPEN LAW LTD reported 33 employees in 2025, compared with 32 in 2024.
How have OPEN LAW LTD financials changed over the last 3 years?
Between 2023 and 2025, OPEN LAW LTD's net assets fell by 7.3%, cash in bank rose by 147%, total assets rose by 263% and total liabilities rose by 622%. Net assets contracted at 3.7% a year across the two years to 2025, from £535.25K to £495.98K. Reported headcount went from 31 in 2023 to 33 in 2025 (+2).
Which years of OPEN LAW LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.