RILEY HAYES & CO SOLICITORS LIMITED Financials
- Company number
- 05372782CopyCopy
- Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- 24 Waterloo Road, Wolverhampton, West Midlands WV1 4BL
- Incorporated
- 22/02/2005
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
50.83%vs 20232023: £523.91K
Total Assets
10.56%vs 20232023: £2.03M
Cash in Bank
74.37%vs 20232023: £60.59K
Total Liabilities
-10.78%vs 20232023: £1.47M
Employees
+2vs 20232023: 13
In 2024, RILEY HAYES & CO SOLICITORS LIMITED reported net assets of £790.24K. The same filing shows total assets of £2.24M, cash in bank of £105.65K and total liabilities of £1.32M. Reported headcount was 15 in 2024. Net Assets rose from £523.91K in 2023 to £790.24K in 2024 (50.83%). Okredo holds filed figures for 2021–2024; 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
50.83%from £523.91K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures RILEY HAYES & CO SOLICITORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+111%vs 2022+45.3% a year compound (CAGR)
Cash in Bank
-4.2%vs 2022-2.1% a year compound (CAGR)
Total Assets
-0.6%vs 2022-0.3% a year compound (CAGR)
Total Liabilities
-29.8%vs 2022-16.2% a year compound (CAGR)
Employees
+25%vs 2022+3Biggest increase
Net Assets+111%
£374.34K in 2022 to £790.24K in 2024
Biggest decrease
Total Liabilities-29.8%
£1.87M in 2022 to £1.32M in 2024
RILEY HAYES & CO SOLICITORS LIMITED's filings pull in both directions between 2022 and 2024. 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 RILEY HAYES & CO 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
- 35.22%2024
- 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
- 58.62%2024
- 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.
- Cash to liabilities
- 8.03%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 4.71%2024
- 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 RILEY HAYES & CO SOLICITORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 27.87K | 374.34K | 523.91K | 790.24K |
| Total Assets£ | 2.12M | 2.26M | 2.03M | 2.24M |
| Cash in Bank£ | 16.16K | 110.29K | 60.59K | 105.65K |
| Total Liabilities£ | 2.08M | 1.87M | 1.47M | 1.32M |
| Employees | 12 | 12 | 13 | 15 |
RILEY HAYES & CO SOLICITORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RILEY HAYES & CO SOLICITORS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RILEY HAYES & CO SOLICITORS LIMITED reported net assets of £790.24K for 2024. That compares with £523.91K in 2023, a change of 50.83%.
RILEY HAYES & CO SOLICITORS LIMITED reported total assets of £2.24M for 2024. That compares with £2.03M in 2023, a change of 10.56%.
RILEY HAYES & CO SOLICITORS LIMITED reported cash in bank of £105.65K for 2024. That compares with £60.59K in 2023, a change of 74.37%.
RILEY HAYES & CO SOLICITORS LIMITED reported 15 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, RILEY HAYES & CO SOLICITORS LIMITED's net assets rose by 111%, cash in bank fell by 4.2%, total assets fell by 0.6% and total liabilities fell by 29.8%. Net assets compounded at 45.3% a year across the two years to 2024, from £374.34K to £790.24K. Reported headcount went from 12 in 2022 to 15 in 2024 (+3).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.