QGLAW LTD Financials
- Company number
- 09406824Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- Unit 11a The Wharf, Bridge Street, Birmingham B1 2JS
- Incorporated
- 26/01/2015
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-47.00%vs 20222022: £35.38K
Total Assets
-7.18%vs 20222022: £81.86K
Cash in Bank
123.01%vs 20222022: £17.48K
Total Liabilities
23.13%vs 20222022: £46.47K
Employees
+1vs 20222022: 3
In 2023, QGLAW LTD reported net assets of £18.75K. The same filing shows total assets of £75.98K, cash in bank of £38.99K and total liabilities of £57.22K. Reported headcount was 4 in 2023. Cash in Bank rose from £17.48K in 2022 to £38.99K in 2023 (123.01%). 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
-47.00%from £35.38K 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 QGLAW LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-41.5%vs 2021-23.5% a year compound (CAGR)
Total Assets
-3.9%vs 2021-1.9% a year compound (CAGR)
Employees
0%vs 2021Biggest decrease
Net Assets-41.5%
£32.06K in 2021 to £18.75K in 2023
Every measure that changed in QGLAW LTD's filings between 2021 and 2023 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from QGLAW 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
- 24.68%2023
- Liabilities to total assets
- 75.32%2023
- Cash to liabilities
- 68.13%2023
- Cash to total assets
- 51.32%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 QGLAW LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 32.06K | 35.38K | 18.75K |
| Total Assets£ | 79.02K | 81.86K | 75.98K |
| Cash in Bank£ | – | 17.48K | 38.99K |
| Total Liabilities£ | – | 46.47K | 57.22K |
| Employees | 4 | 3 | 4 |
QGLAW LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has QGLAW LTD filed financial statements?
Yes. Okredo holds filed figures for QGLAW LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did QGLAW LTD report in 2023?
QGLAW LTD reported net assets of £18.75K for 2023. That compares with £35.38K in 2022, a change of -47.00%.
What total assets did QGLAW LTD report in 2023?
QGLAW LTD reported total assets of £75.98K for 2023. That compares with £81.86K in 2022, a change of -7.18%.
What cash in bank did QGLAW LTD report in 2023?
QGLAW LTD reported cash in bank of £38.99K for 2023. That compares with £17.48K in 2022, a change of 123.01%.
How many people does QGLAW LTD employ?
QGLAW LTD reported 4 employees in 2023, compared with 3 in 2022.
How have QGLAW LTD financials changed over the last 3 years?
Between 2021 and 2023, QGLAW LTD's net assets fell by 41.5%, total assets fell by 3.9% and employee numbers was unchanged. Net assets contracted at 23.5% a year across the two years to 2023, from £32.06K to £18.75K. Reported headcount went from 4 in 2021 to 4 in 2023.
Which years of QGLAW LTD 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.