THE LANCE RICHARDS PRACTICE LIMITED Financials
- Company number
- 07478112Copy
Copy - Registered office
- Burfields House, The Plain, Goudhurst, Kent TN17 1AD
- Incorporated
- 23/12/2010
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-4.68%vs 20242024: £185.55K
Total Assets
-14.31%vs 20242024: £407.66K
Cash in Bank
13.58%vs 20242024: £190.84K
Total Liabilities
-22.28%vs 20242024: £161.01K
Employees
0vs 20242024: 4
In 2025, THE LANCE RICHARDS PRACTICE LIMITED reported net assets of £176.88K. The same filing shows total assets of £349.34K, cash in bank of £216.76K and total liabilities of £125.14K. Reported headcount was 4 in 2025. Total Assets fell from £407.66K in 2024 to £349.34K in 2025 (-14.31%). 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
-4.68%from £185.55K 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 LANCE RICHARDS PRACTICE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-41.3%vs 2023-23.4% a year compound (CAGR)
Cash in Bank
-22.7%vs 2023-12.1% a year compound (CAGR)
Total Assets
-37.7%vs 2023-21.1% a year compound (CAGR)
Total Liabilities
-29.4%vs 2023-16% a year compound (CAGR)
Employees
0%vs 2023Biggest decrease
Net Assets-41.3%
£301.07K in 2023 to £176.88K in 2025
Every measure that changed in THE LANCE RICHARDS PRACTICE LIMITED's filings between 2023 and 2025 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE LANCE RICHARDS PRACTICE 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
- 50.63%2025
- Liabilities to total assets
- 35.82%2025
- Cash to liabilities
- 173.22%2025
- Cash to total assets
- 62.05%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 LANCE RICHARDS PRACTICE LIMITED 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£ | 40.09K | 133.19K | 301.07K | 185.55K | 176.88K |
| Total Assets£ | 176.44K | 264.30K | 560.61K | 407.66K | 349.34K |
| Cash in Bank£ | 47.03K | 167.30K | 280.30K | 190.84K | 216.76K |
| Total Liabilities£ | 131.66K | 127.71K | 177.23K | 161.01K | 125.14K |
| Employees | 3 | 4 | 4 | 4 | 4 |
THE LANCE RICHARDS PRACTICE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has THE LANCE RICHARDS PRACTICE LIMITED filed financial statements?
Yes. Okredo holds filed figures for THE LANCE RICHARDS PRACTICE LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did THE LANCE RICHARDS PRACTICE LIMITED report in 2025?
THE LANCE RICHARDS PRACTICE LIMITED reported net assets of £176.88K for 2025. That compares with £185.55K in 2024, a change of -4.68%.
What total assets did THE LANCE RICHARDS PRACTICE LIMITED report in 2025?
THE LANCE RICHARDS PRACTICE LIMITED reported total assets of £349.34K for 2025. That compares with £407.66K in 2024, a change of -14.31%.
What cash in bank did THE LANCE RICHARDS PRACTICE LIMITED report in 2025?
THE LANCE RICHARDS PRACTICE LIMITED reported cash in bank of £216.76K for 2025. That compares with £190.84K in 2024, a change of 13.58%.
How many people does THE LANCE RICHARDS PRACTICE LIMITED employ?
THE LANCE RICHARDS PRACTICE LIMITED reported 4 employees in 2025, compared with 4 in 2024.
How have THE LANCE RICHARDS PRACTICE LIMITED financials changed over the last 3 years?
Between 2023 and 2025, THE LANCE RICHARDS PRACTICE LIMITED's net assets fell by 41.3%, cash in bank fell by 22.7%, total assets fell by 37.7% and total liabilities fell by 29.4%. Net assets contracted at 23.4% a year across the two years to 2025, from £301.07K to £176.88K. Reported headcount went from 4 in 2023 to 4 in 2025.
Which years of THE LANCE RICHARDS PRACTICE LIMITED 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.