REAL LEGAL LTD Financials
- Company number
- 12061875CopyCopy
- Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- Suite 5 Empire Business Centre, 2 Empire Way, Burnley BB12 6HH
- Incorporated
- 20/06/2019
Company snapshot
- Status
- Active
- Employees
- 8 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-88.62%vs 20222022: £-91.10K
Total Assets
-49.55%vs 20222022: £44.69K
Total Liabilities
43.14%vs 20222022: £135.79K
Employees
+2vs 20222022: 6
In 2023, REAL LEGAL LTD reported net assets of £-171.83K. The same filing shows total assets of £22.55K and total liabilities of £194.37K. Reported headcount was 8 in 2023. Net Assets fell from £-91.10K in 2022 to £-171.83K in 2023 (-88.62%). 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
-88.62%from £-91.10K 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 REAL LEGAL LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Total Assets
-79.5%vs 2021-54.7% a year compound (CAGR)
Total Liabilities
+27.7%vs 2021+13% a year compound (CAGR)
Employees
+33.3%vs 2021+2Biggest increase
Employees+33.3%
6 in 2021 to 8 in 2023
Biggest decrease
Total Assets-79.5%
£109.92K in 2021 to £22.55K in 2023
REAL LEGAL LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from REAL LEGAL 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
- -762.14%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.
- Liabilities to total assets
- 862.14%2023
- 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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for REAL LEGAL LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -42.34K | -91.10K | -171.83K |
| Total Assets£ | 109.92K | 44.69K | 22.55K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 152.26K | 135.79K | 194.37K |
| Employees | 6 | 6 | 8 |
REAL LEGAL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for REAL LEGAL LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
REAL LEGAL LTD reported net assets of £-171.83K for 2023. That compares with £-91.10K in 2022, a change of -88.62%.
REAL LEGAL LTD reported total assets of £22.55K for 2023. That compares with £44.69K in 2022, a change of -49.55%.
REAL LEGAL LTD reported total liabilities of £194.37K for 2023. That compares with £135.79K in 2022, a change of 43.14%.
REAL LEGAL LTD reported 8 employees in 2023, compared with 6 in 2022.
Between 2021 and 2023, REAL LEGAL LTD's total assets fell by 79.5%, total liabilities rose by 27.7% and employee numbers rose by 33.3%. Total assets contracted at 54.7% a year across the two years to 2023, from £109.92K to £22.55K. Reported headcount went from 6 in 2021 to 8 in 2023 (+2).
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.