THOMAS AND THOMAS SOLICITORS LIMITED Financials
- Company number
- 06521707Copy
Copy - Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- 2 Forge Road, Port Talbot, Neath & Port Talbot SA13 1NU
- Incorporated
- 03/03/2008
Company snapshot
- Status
- Active
- Employees
- 35 (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
13.54%vs 20232023: £225.96K
Total Assets
23.91%vs 20232023: £563.97K
Cash in Bank
-29.84%vs 20232023: £151.00K
Total Liabilities
12.78%vs 20232023: £268.90K
Employees
+5vs 20232023: 30
In 2024, THOMAS AND THOMAS SOLICITORS LIMITED reported net assets of £256.56K. The same filing shows total assets of £698.81K, cash in bank of £105.93K and total liabilities of £303.28K. Reported headcount was 35 in 2024. Total Assets rose from £563.97K in 2023 to £698.81K in 2024 (23.91%). 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
13.54%from £225.96K 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 THOMAS AND THOMAS SOLICITORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-10.9%vs 2022-5.6% a year compound (CAGR)
Cash in Bank
-61.2%vs 2022-37.7% a year compound (CAGR)
Total Assets
+11.5%vs 2022+5.6% a year compound (CAGR)
Total Liabilities
+13.3%vs 2022+6.4% a year compound (CAGR)
Employees
+29.6%vs 2022+8Biggest increase
Employees+29.6%
27 in 2022 to 35 in 2024
Biggest decrease
Cash in Bank-61.2%
£273.25K in 2022 to £105.93K in 2024
THOMAS AND THOMAS SOLICITORS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THOMAS AND THOMAS 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
- 36.71%2024
- Liabilities to total assets
- 43.40%2024
- Cash to liabilities
- 34.93%2024
- Cash to total assets
- 15.16%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.
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 THOMAS AND THOMAS 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£ | 152.56K | 288.05K | 225.96K | 256.56K |
| Total Assets£ | 690.16K | 626.81K | 563.97K | 698.81K |
| Cash in Bank£ | 203.56K | 273.25K | 151.00K | 105.93K |
| Total Liabilities£ | 378.22K | 267.65K | 268.90K | 303.28K |
| Employees | 28 | 27 | 30 | 35 |
THOMAS AND THOMAS SOLICITORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has THOMAS AND THOMAS SOLICITORS LIMITED filed financial statements?
Yes. Okredo holds filed figures for THOMAS AND THOMAS SOLICITORS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did THOMAS AND THOMAS SOLICITORS LIMITED report in 2024?
THOMAS AND THOMAS SOLICITORS LIMITED reported net assets of £256.56K for 2024. That compares with £225.96K in 2023, a change of 13.54%.
What total assets did THOMAS AND THOMAS SOLICITORS LIMITED report in 2024?
THOMAS AND THOMAS SOLICITORS LIMITED reported total assets of £698.81K for 2024. That compares with £563.97K in 2023, a change of 23.91%.
What cash in bank did THOMAS AND THOMAS SOLICITORS LIMITED report in 2024?
THOMAS AND THOMAS SOLICITORS LIMITED reported cash in bank of £105.93K for 2024. That compares with £151.00K in 2023, a change of -29.84%.
How many people does THOMAS AND THOMAS SOLICITORS LIMITED employ?
THOMAS AND THOMAS SOLICITORS LIMITED reported 35 employees in 2024, compared with 30 in 2023.
How have THOMAS AND THOMAS SOLICITORS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, THOMAS AND THOMAS SOLICITORS LIMITED's net assets fell by 10.9%, cash in bank fell by 61.2%, total assets rose by 11.5% and total liabilities rose by 13.3%. Net assets contracted at 5.6% a year across the two years to 2024, from £288.05K to £256.56K. Reported headcount went from 27 in 2022 to 35 in 2024 (+8).
Which years of THOMAS AND THOMAS SOLICITORS LIMITED financial data are available?
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.