PASSMORES SOLICITORS LIMITED Financials
- Company number
- 07284638Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- 21 Tynewydd Road, Barry, South Glamorgan CF62 8HB
- Incorporated
- 15/06/2010
Company snapshot
- Status
- Active
- Employees
- 18 (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
-3.95%vs 20242024: £196.38K
Total Assets
-12.79%vs 20242024: £750.63K
Cash in Bank
-15.55%vs 20242024: £277.47K
Total Liabilities
-15.99%vs 20242024: £543.16K
Employees
-1vs 20242024: 19
In 2025, PASSMORES SOLICITORS LIMITED reported net assets of £188.62K. The same filing shows total assets of £654.60K, cash in bank of £234.32K and total liabilities of £456.29K. Reported headcount was 18 in 2025. Total Assets fell from £750.63K in 2024 to £654.60K in 2025 (-12.79%). 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
-3.95%from £196.38K 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 PASSMORES SOLICITORS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+21.9%vs 2023+10.4% a year compound (CAGR)
Cash in Bank
+14.6%vs 2023+7.1% a year compound (CAGR)
Total Assets
-0.2%vs 2023-0.1% a year compound (CAGR)
Total Liabilities
-6.6%vs 2023-3.3% a year compound (CAGR)
Employees
-5.3%vs 2023-1Biggest increase
Net Assets+21.9%
£154.77K in 2023 to £188.62K in 2025
Biggest decrease
Total Liabilities-6.6%
£488.46K in 2023 to £456.29K in 2025
PASSMORES SOLICITORS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PASSMORES 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
- 28.81%2025
- Liabilities to total assets
- 69.71%2025
- Cash to liabilities
- 51.35%2025
- Cash to total assets
- 35.80%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 PASSMORES SOLICITORS LIMITED 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£ | 56.26K | 59.50K | 154.77K | 196.38K | 188.62K |
| Total Assets£ | 686.50K | 593.32K | 656.15K | 750.63K | 654.60K |
| Cash in Bank£ | 249.37K | 168.66K | 204.40K | 277.47K | 234.32K |
| Total Liabilities£ | 616.32K | 522.39K | 488.46K | 543.16K | 456.29K |
| Employees | 19 | 19 | 19 | 19 | 18 |
PASSMORES SOLICITORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PASSMORES SOLICITORS LIMITED filed financial statements?
Yes. Okredo holds filed figures for PASSMORES SOLICITORS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did PASSMORES SOLICITORS LIMITED report in 2025?
PASSMORES SOLICITORS LIMITED reported net assets of £188.62K for 2025. That compares with £196.38K in 2024, a change of -3.95%.
What total assets did PASSMORES SOLICITORS LIMITED report in 2025?
PASSMORES SOLICITORS LIMITED reported total assets of £654.60K for 2025. That compares with £750.63K in 2024, a change of -12.79%.
What cash in bank did PASSMORES SOLICITORS LIMITED report in 2025?
PASSMORES SOLICITORS LIMITED reported cash in bank of £234.32K for 2025. That compares with £277.47K in 2024, a change of -15.55%.
How many people does PASSMORES SOLICITORS LIMITED employ?
PASSMORES SOLICITORS LIMITED reported 18 employees in 2025, compared with 19 in 2024.
How have PASSMORES SOLICITORS LIMITED financials changed over the last 3 years?
Between 2023 and 2025, PASSMORES SOLICITORS LIMITED's net assets rose by 21.9%, cash in bank rose by 14.6%, total assets fell by 0.2% and total liabilities fell by 6.6%. Net assets compounded at 10.4% a year across the two years to 2025, from £154.77K to £188.62K. Reported headcount went from 19 in 2023 to 18 in 2025 (-1).
Which years of PASSMORES SOLICITORS LIMITED 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.