PROFESSIONAL AND LEGAL SERVICES LIMITED Financials
- Company number
- 06493270Copy
Copy - Industry
- Activities of patent and copyright agents; other legal activities n.e.c. (69.10/9 - SIC 2007)
- Registered office
- Admiralty House Ringtail Road, Burscough Industrial Estate, Ormskirk L40 8JY
- Incorporated
- 05/02/2008
Company snapshot
- Status
- Active
- Employees
- 34 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
19.71%vs 20222022: £5.70M
Total Assets
23.48%vs 20222022: £10.82M
Cash in Bank
58.12%vs 20222022: £135.65K
Total Liabilities
27.90%vs 20222022: £5.09M
Employees
+6vs 20222022: 28
In 2023, PROFESSIONAL AND LEGAL SERVICES LIMITED reported net assets of £6.82M. The same filing shows total assets of £13.36M, cash in bank of £214.48K and total liabilities of £6.51M. Reported headcount was 34 in 2023. Total Assets rose from £10.82M in 2022 to £13.36M in 2023 (23.48%). 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
19.71%from £5.70M 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 PROFESSIONAL AND LEGAL SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+58.7%vs 2021+26% a year compound (CAGR)
Cash in Bank
-53%vs 2021-31.4% a year compound (CAGR)
Total Assets
+33.6%vs 2021+15.6% a year compound (CAGR)
Total Liabilities
+15%vs 2021+7.2% a year compound (CAGR)
Employees
+21.4%vs 2021+6Biggest increase
Net Assets+58.7%
£4.30M in 2021 to £6.82M in 2023
Biggest decrease
Cash in Bank-53%
£455.86K in 2021 to £214.48K in 2023
PROFESSIONAL AND LEGAL SERVICES LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 PROFESSIONAL AND LEGAL SERVICES 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
- 51.03%2023
- Liabilities to total assets
- 48.69%2023
- Cash to liabilities
- 3.30%2023
- Cash to total assets
- 1.60%2023
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 PROFESSIONAL AND LEGAL SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 4.30M | 5.70M | 6.82M |
| Total Assets£ | 10.00M | 10.82M | 13.36M |
| Cash in Bank£ | 455.86K | 135.65K | 214.48K |
| Total Liabilities£ | 5.66M | 5.09M | 6.51M |
| Employees | 28 | 28 | 34 |
PROFESSIONAL AND LEGAL SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PROFESSIONAL AND LEGAL SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for PROFESSIONAL AND LEGAL SERVICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did PROFESSIONAL AND LEGAL SERVICES LIMITED report in 2023?
PROFESSIONAL AND LEGAL SERVICES LIMITED reported net assets of £6.82M for 2023. That compares with £5.70M in 2022, a change of 19.71%.
What total assets did PROFESSIONAL AND LEGAL SERVICES LIMITED report in 2023?
PROFESSIONAL AND LEGAL SERVICES LIMITED reported total assets of £13.36M for 2023. That compares with £10.82M in 2022, a change of 23.48%.
What cash in bank did PROFESSIONAL AND LEGAL SERVICES LIMITED report in 2023?
PROFESSIONAL AND LEGAL SERVICES LIMITED reported cash in bank of £214.48K for 2023. That compares with £135.65K in 2022, a change of 58.12%.
How many people does PROFESSIONAL AND LEGAL SERVICES LIMITED employ?
PROFESSIONAL AND LEGAL SERVICES LIMITED reported 34 employees in 2023, compared with 28 in 2022.
How have PROFESSIONAL AND LEGAL SERVICES LIMITED financials changed over the last 3 years?
Between 2021 and 2023, PROFESSIONAL AND LEGAL SERVICES LIMITED's net assets rose by 58.7%, cash in bank fell by 53%, total assets rose by 33.6% and total liabilities rose by 15%. Net assets compounded at 26% a year across the two years to 2023, from £4.30M to £6.82M. Reported headcount went from 28 in 2021 to 34 in 2023 (+6).
Which years of PROFESSIONAL AND LEGAL SERVICES 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.