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SDM SOLICITORS LIMITED Financials

Company number
NI626853Copy
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Registered office
38-42 Hill Street, Belfast BT1 2LB
Incorporated
25/09/2014

Company snapshot

Status
Active
Employees
17 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£835.54K2025
12.84%vs 2024

2024: £740.44K

Total Assets

£9.61M2025
24.29%vs 2024

2024: £7.74M

Cash in Bank

£8.31M2025
36.27%vs 2024

2024: £6.10M

Total Liabilities

£8.75M2025
25.81%vs 2024

2024: £6.96M

Employees

172025
-4vs 2024

2024: 21

In 2025, SDM SOLICITORS LIMITED reported net assets of £835.54K. The same filing shows total assets of £9.61M, cash in bank of £8.31M and total liabilities of £8.75M. Reported headcount was 17 in 2025. Cash in Bank rose from £6.10M in 2024 to £8.31M in 2025 (36.27%). Okredo holds filed figures for 2021–2025; 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

£835.54K2025
12.84%from £740.44K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures SDM SOLICITORS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£1.39M2023£835.54K2025
-39.7%vs 2023

-22.4% a year compound (CAGR)

Cash in Bank

£6.25M2023£8.31M2025
+33.1%vs 2023

+15.4% a year compound (CAGR)

Total Assets

£7.90M2023£9.61M2025
+21.7%vs 2023

+10.3% a year compound (CAGR)

Total Liabilities

£6.46M2023£8.75M2025
+35.6%vs 2023

+16.4% a year compound (CAGR)

Employees

202023172025
-15%vs 2023-3

Biggest increase

Total Liabilities+35.6%

£6.46M in 2023 to £8.75M in 2025

Biggest decrease

Net Assets-39.7%

£1.39M in 2023 to £835.54K in 2025

SDM SOLICITORS LIMITED's filings pull in both directions between 2023 and 2025. 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 SDM 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
8.69%2025

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
91.04%2025

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
94.95%2025

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
86.45%2025

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 SDM SOLICITORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£889.99K1.18M1.39M740.44K835.54K
Total Assets£5.39M7.50M7.90M7.74M9.61M
Cash in Bank£4.22M5.98M6.25M6.10M8.31M
Total Liabilities£4.39M6.24M6.46M6.96M8.75M
Employees1418202117

SDM SOLICITORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has SDM SOLICITORS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for SDM SOLICITORS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did SDM SOLICITORS LIMITED report in 2025?

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SDM SOLICITORS LIMITED reported net assets of £835.54K for 2025. That compares with £740.44K in 2024, a change of 12.84%.

What total assets did SDM SOLICITORS LIMITED report in 2025?

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SDM SOLICITORS LIMITED reported total assets of £9.61M for 2025. That compares with £7.74M in 2024, a change of 24.29%.

What cash in bank did SDM SOLICITORS LIMITED report in 2025?

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SDM SOLICITORS LIMITED reported cash in bank of £8.31M for 2025. That compares with £6.10M in 2024, a change of 36.27%.

How many people does SDM SOLICITORS LIMITED employ?

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SDM SOLICITORS LIMITED reported 17 employees in 2025, compared with 21 in 2024.

How have SDM SOLICITORS LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, SDM SOLICITORS LIMITED's net assets fell by 39.7%, cash in bank rose by 33.1%, total assets rose by 21.7% and total liabilities rose by 35.6%. Net assets contracted at 22.4% a year across the two years to 2025, from £1.39M to £835.54K. Reported headcount went from 20 in 2023 to 17 in 2025 (-3).

Which years of SDM SOLICITORS LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.