RLS SOLICITORS LIMITED Financials
- Company number
- 06020719CopyCopy
- Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- Borough Yards, 13 Dirty Lane, London SE1 9PA
- Incorporated
- 06/12/2006
Company snapshot
- Status
- Active
- Employees
- 8 (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
-60.24%vs 20232023: £487.53K
Total Assets
-25.06%vs 20232023: £1.07M
Cash in Bank
-49.92%vs 20232023: £357.62K
Total Liabilities
5.34%vs 20232023: £569.87K
Employees
+1vs 20232023: 7
In 2024, RLS SOLICITORS LIMITED reported net assets of £193.82K. The same filing shows total assets of £800.29K, cash in bank of £179.11K and total liabilities of £600.27K. Reported headcount was 8 in 2024. Net Assets fell from £487.53K in 2023 to £193.82K in 2024 (-60.24%). 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
-60.24%from £487.53K 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 RLS SOLICITORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-69.8%vs 2022-45.1% a year compound (CAGR)
Cash in Bank
-49.2%vs 2022-28.7% a year compound (CAGR)
Total Assets
-29.1%vs 2022-15.8% a year compound (CAGR)
Total Liabilities
+27.2%vs 2022+12.8% a year compound (CAGR)
Employees
+14.3%vs 2022+1Biggest increase
Total Liabilities+27.2%
£471.73K in 2022 to £600.27K in 2024
Biggest decrease
Net Assets-69.8%
£642.66K in 2022 to £193.82K in 2024
RLS SOLICITORS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RLS 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
- 24.22%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
- 75.01%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
- 29.84%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
- 22.38%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 RLS 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£ | 735.97K | 642.66K | 487.53K | 193.82K |
| Total Assets£ | 1.24M | 1.13M | 1.07M | 800.29K |
| Cash in Bank£ | 233.51K | 352.57K | 357.62K | 179.11K |
| Total Liabilities£ | 485.49K | 471.73K | 569.87K | 600.27K |
| Employees | 7 | 7 | 7 | 8 |
RLS SOLICITORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RLS SOLICITORS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RLS SOLICITORS LIMITED reported net assets of £193.82K for 2024. That compares with £487.53K in 2023, a change of -60.24%.
RLS SOLICITORS LIMITED reported total assets of £800.29K for 2024. That compares with £1.07M in 2023, a change of -25.06%.
RLS SOLICITORS LIMITED reported cash in bank of £179.11K for 2024. That compares with £357.62K in 2023, a change of -49.92%.
RLS SOLICITORS LIMITED reported 8 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, RLS SOLICITORS LIMITED's net assets fell by 69.8%, cash in bank fell by 49.2%, total assets fell by 29.1% and total liabilities rose by 27.2%. Net assets contracted at 45.1% a year across the two years to 2024, from £642.66K to £193.82K. Reported headcount went from 7 in 2022 to 8 in 2024 (+1).
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.