THE GLASGOW LAW PRACTICE LTD Financials
- Company number
- SC285322Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- 81 Main Street, Baillieston, Glasgow G69 6AD
- Incorporated
- 25/05/2005
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-4.77%vs 20242024: £158.19K
Total Assets
8.76%vs 20242024: £542.99K
Cash in Bank
-23.08%vs 20242024: £248.24K
Total Liabilities
15.94%vs 20242024: £352.01K
Employees
0vs 20242024: 0
In 2025, THE GLASGOW LAW PRACTICE LTD reported net assets of £150.65K. The same filing shows total assets of £590.56K, cash in bank of £190.95K and total liabilities of £408.12K. Reported headcount was 0 in 2025. Cash in Bank fell from £248.24K in 2024 to £190.95K in 2025 (-23.08%). 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
-4.77%from £158.19K in 2024Year-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 THE GLASGOW LAW PRACTICE LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-38.6%vs 2023-21.6% a year compound (CAGR)
Cash in Bank
-34.7%vs 2023-19.2% a year compound (CAGR)
Total Assets
+14.5%vs 2023+7% a year compound (CAGR)
Total Liabilities
+55.4%vs 2023+24.7% a year compound (CAGR)
Employees
-100%vs 2023-28Biggest increase
Total Liabilities+55.4%
£262.61K in 2023 to £408.12K in 2025
Biggest decrease
Employees-100%
28 in 2023 to 0 in 2025
THE GLASGOW LAW PRACTICE LTD'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE GLASGOW LAW PRACTICE 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
- 25.51%2025
- Liabilities to total assets
- 69.11%2025
- Cash to liabilities
- 46.79%2025
- Cash to total assets
- 32.33%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 THE GLASGOW LAW PRACTICE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 458.23K | 425.40K | 245.35K | 158.19K | 150.65K |
| Total Assets£ | 797.45K | 741.10K | 515.55K | 542.99K | 590.56K |
| Cash in Bank£ | 391.68K | 447.90K | 292.51K | 248.24K | 190.95K |
| Total Liabilities£ | 326.45K | 305.56K | 262.61K | 352.01K | 408.12K |
| Employees | 24 | 25 | 28 | 0 | 0 |
THE GLASGOW LAW PRACTICE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has THE GLASGOW LAW PRACTICE LTD filed financial statements?
Yes. Okredo holds filed figures for THE GLASGOW LAW PRACTICE LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did THE GLASGOW LAW PRACTICE LTD report in 2025?
THE GLASGOW LAW PRACTICE LTD reported net assets of £150.65K for 2025. That compares with £158.19K in 2024, a change of -4.77%.
What total assets did THE GLASGOW LAW PRACTICE LTD report in 2025?
THE GLASGOW LAW PRACTICE LTD reported total assets of £590.56K for 2025. That compares with £542.99K in 2024, a change of 8.76%.
What cash in bank did THE GLASGOW LAW PRACTICE LTD report in 2025?
THE GLASGOW LAW PRACTICE LTD reported cash in bank of £190.95K for 2025. That compares with £248.24K in 2024, a change of -23.08%.
How many people does THE GLASGOW LAW PRACTICE LTD employ?
THE GLASGOW LAW PRACTICE LTD reported 0 employees in 2025, compared with 0 in 2024.
How have THE GLASGOW LAW PRACTICE LTD financials changed over the last 3 years?
Between 2023 and 2025, THE GLASGOW LAW PRACTICE LTD's net assets fell by 38.6%, cash in bank fell by 34.7%, total assets rose by 14.5% and total liabilities rose by 55.4%. Net assets contracted at 21.6% a year across the two years to 2025, from £245.35K to £150.65K. Reported headcount went from 28 in 2023 to 0 in 2025 (-28).
Which years of THE GLASGOW LAW PRACTICE LTD financial data are available?
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.