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SPHERE LEGAL LIMITED Financials

Company number
08638557Copy
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Registered office
174 Hammersmith Road, Work.Life, London W6 7JP
Incorporated
05/08/2013

Company snapshot

Status
Active
Employees
0 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£10.75M2025
980.36%vs 2024

2024: £994.58K

Total Assets

£14.44M2025
807.06%vs 2024

2024: £1.59M

Cash in Bank

£12.77M2025
1.72K%vs 2024

2024: £703.37K

Total Liabilities

£3.69M2025
529.09%vs 2024

2024: £585.97K

Employees

02025
0vs 2024

2024: 0

In 2025, SPHERE LEGAL LIMITED reported net assets of £10.75M. The same filing shows total assets of £14.44M, cash in bank of £12.77M and total liabilities of £3.69M. Reported headcount was 0 in 2025. Total Assets rose from £1.59M in 2024 to £14.44M in 2025 (807.06%). 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

£10.75M2025
980.36%from £994.58K 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 SPHERE LEGAL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£842.63K2023£10.75M2025
+1175%vs 2023

+257% a year compound (CAGR)

Cash in Bank

£497.61K2023£12.77M2025
+2466%vs 2023

+407% a year compound (CAGR)

Total Assets

£1.27M2023£14.44M2025
+1038%vs 2023

+237% a year compound (CAGR)

Total Liabilities

£415.85K2023£3.69M2025
+786%vs 2023

+198% a year compound (CAGR)

Employees

21202302025
-100%vs 2023-21

Biggest increase

Cash in Bank+2466%

£497.61K in 2023 to £12.77M in 2025

Biggest decrease

Employees-100%

21 in 2023 to 0 in 2025

SPHERE LEGAL LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SPHERE LEGAL 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
74.41%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
25.53%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
346.42%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
88.44%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 SPHERE LEGAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£479.67K708.85K842.63K994.58K10.75M
Total Assets£664.75K1.05M1.27M1.59M14.44M
Cash in Bank£215.13K391.89K497.61K703.37K12.77M
Total Liabilities£185.08K341.43K415.85K585.97K3.69M
Employees19202100

SPHERE LEGAL LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has SPHERE LEGAL LIMITED filed financial statements?

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

What net assets did SPHERE LEGAL LIMITED report in 2025?

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SPHERE LEGAL LIMITED reported net assets of £10.75M for 2025. That compares with £994.58K in 2024, a change of 980.36%.

What total assets did SPHERE LEGAL LIMITED report in 2025?

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SPHERE LEGAL LIMITED reported total assets of £14.44M for 2025. That compares with £1.59M in 2024, a change of 807.06%.

What cash in bank did SPHERE LEGAL LIMITED report in 2025?

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SPHERE LEGAL LIMITED reported cash in bank of £12.77M for 2025. That compares with £703.37K in 2024, a change of 1.72K%.

How many people does SPHERE LEGAL LIMITED employ?

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SPHERE LEGAL LIMITED reported 0 employees in 2025, compared with 0 in 2024.

How have SPHERE LEGAL LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, SPHERE LEGAL LIMITED's net assets rose by 1175%, cash in bank rose by 2466%, total assets rose by 1038% and total liabilities rose by 786%. Net assets compounded at 257% a year across the two years to 2025, from £842.63K to £10.75M. Reported headcount went from 21 in 2023 to 0 in 2025 (-21).

Which years of SPHERE LEGAL 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.