PALMER HODGSON & HEYES LIMITED Financials
- Company number
- 08481636Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- York House, York Avenue, Thornton Cleveleys, Lancashire FY5 2UQ
- Incorporated
- 09/04/2013
Company snapshot
- Status
- Active
- Employees
- 29 (2023)
- Latest financial data
- 2023
- Accounts type
- Unaudited abridged
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
9.46%vs 20222022: £1.21M
Total Assets
First reported yearCash in Bank
28.80%vs 20222022: £449.17K
Total Liabilities
First reported yearEmployees
+1vs 20222022: 28
In 2023, PALMER HODGSON & HEYES LIMITED reported net assets of £1.32M. The same filing shows total assets of £1.48M, cash in bank of £578.54K and total liabilities of £359.74K. Reported headcount was 29 in 2023. Cash in Bank rose from £449.17K in 2022 to £578.54K in 2023 (28.80%). Okredo holds filed figures for 2021–2023; 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
9.46%from £1.21M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures PALMER HODGSON & HEYES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+19.6%vs 2021+9.4% a year compound (CAGR)
Cash in Bank
+44.7%vs 2021+20.3% a year compound (CAGR)
Employees
+31.8%vs 2021+7Biggest increase
Cash in Bank+44.7%
£399.74K in 2021 to £578.54K in 2023
Every indicator Okredo holds for PALMER HODGSON & HEYES LIMITED rose between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PALMER HODGSON & HEYES 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
- 74.65%2021
- Liabilities to total assets
- 24.28%2021
- Cash to liabilities
- 111.12%2021
- Cash to total assets
- 26.99%2021
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 PALMER HODGSON & HEYES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.11M | 1.21M | 1.32M |
| Total Assets£ | 1.48M | – | – |
| Cash in Bank£ | 399.74K | 449.17K | 578.54K |
| Total Liabilities£ | 359.74K | – | – |
| Employees | 22 | 28 | 29 |
PALMER HODGSON & HEYES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PALMER HODGSON & HEYES LIMITED filed financial statements?
Yes. Okredo holds filed figures for PALMER HODGSON & HEYES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did PALMER HODGSON & HEYES LIMITED report in 2023?
PALMER HODGSON & HEYES LIMITED reported net assets of £1.32M for 2023. That compares with £1.21M in 2022, a change of 9.46%.
What total assets did PALMER HODGSON & HEYES LIMITED report in 2021?
PALMER HODGSON & HEYES LIMITED reported total assets of £1.48M for 2021. There is no earlier filing to compare it against.
What cash in bank did PALMER HODGSON & HEYES LIMITED report in 2023?
PALMER HODGSON & HEYES LIMITED reported cash in bank of £578.54K for 2023. That compares with £449.17K in 2022, a change of 28.80%.
How many people does PALMER HODGSON & HEYES LIMITED employ?
PALMER HODGSON & HEYES LIMITED reported 29 employees in 2023, compared with 28 in 2022.
How have PALMER HODGSON & HEYES LIMITED financials changed over the last 3 years?
Between 2021 and 2023, PALMER HODGSON & HEYES LIMITED's net assets rose by 19.6%, cash in bank rose by 44.7% and employee numbers rose by 31.8%. Net assets compounded at 9.4% a year across the two years to 2023, from £1.11M to £1.32M. Reported headcount went from 22 in 2021 to 29 in 2023 (+7).
Which years of PALMER HODGSON & HEYES LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.