ORMRODS SOLICITORS & ADVOCATES LTD Financials
- Company number
- 07068648CopyCopy
- Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- 1 Victoria Square, Thornton-Cleveleys, Lancashire FY5 3LU
- Incorporated
- 06/11/2009
Company snapshot
- Status
- Active
- Employees
- 12 (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
35.67%vs 20232023: £277.71K
Total Assets
25.26%vs 20232023: £473.30K
Cash in Bank
92.51%vs 20232023: £141.43K
Total Liabilities
14.09%vs 20232023: £177.55K
Employees
+1vs 20232023: 11
In 2024, ORMRODS SOLICITORS & ADVOCATES LTD reported net assets of £376.78K. The same filing shows total assets of £592.88K, cash in bank of £272.27K and total liabilities of £202.56K. Reported headcount was 12 in 2024. Cash in Bank rose from £141.43K in 2023 to £272.27K in 2024 (92.51%). 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
35.67%from £277.71K 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 ORMRODS SOLICITORS & ADVOCATES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+96.5%vs 2022+40.2% a year compound (CAGR)
Cash in Bank
+2722%vs 2022+431% a year compound (CAGR)
Total Assets
+69.2%vs 2022+30.1% a year compound (CAGR)
Total Liabilities
+50.6%vs 2022+22.7% a year compound (CAGR)
Employees
-7.7%vs 2022-1Biggest increase
Cash in Bank+2722%
£9.65K in 2022 to £272.27K in 2024
Biggest decrease
Employees-7.7%
13 in 2022 to 12 in 2024
ORMRODS SOLICITORS & ADVOCATES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ORMRODS SOLICITORS & ADVOCATES 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
- 63.55%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
- 34.17%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
- 134.41%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
- 45.92%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 ORMRODS SOLICITORS & ADVOCATES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 178.91K | 191.75K | 277.71K | 376.78K |
| Total Assets£ | 343.89K | 350.32K | 473.30K | 592.88K |
| Cash in Bank£ | – | 9.65K | 141.43K | 272.27K |
| Total Liabilities£ | 164.98K | 134.51K | 177.55K | 202.56K |
| Employees | 10 | 13 | 11 | 12 |
ORMRODS SOLICITORS & ADVOCATES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ORMRODS SOLICITORS & ADVOCATES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ORMRODS SOLICITORS & ADVOCATES LTD reported net assets of £376.78K for 2024. That compares with £277.71K in 2023, a change of 35.67%.
ORMRODS SOLICITORS & ADVOCATES LTD reported total assets of £592.88K for 2024. That compares with £473.30K in 2023, a change of 25.26%.
ORMRODS SOLICITORS & ADVOCATES LTD reported cash in bank of £272.27K for 2024. That compares with £141.43K in 2023, a change of 92.51%.
ORMRODS SOLICITORS & ADVOCATES LTD reported 12 employees in 2024, compared with 11 in 2023.
Between 2022 and 2024, ORMRODS SOLICITORS & ADVOCATES LTD's net assets rose by 96.5%, cash in bank rose by 2722%, total assets rose by 69.2% and total liabilities rose by 50.6%. Net assets compounded at 40.2% a year across the two years to 2024, from £191.75K to £376.78K. Reported headcount went from 13 in 2022 to 12 in 2024 (-1).
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.