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VINCENTS SOLICITORS LIMITED Financials

Company number
08195603Copy
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Registered office
Guild Chambers, 4 Winckley Square, Preston, Lancashire PR1 3JJ
Incorporated
30/08/2012

Company snapshot

Status
Active
Employees
113 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£1.38M2024
7.07%vs 2023

2023: £1.29M

Total Assets

£4.54M2024
-3.10%vs 2023

2023: £4.69M

Cash in Bank

£2.63K2024
-28.69%vs 2023

2023: £3.69K

Total Liabilities

£3.09M2024
-6.69%vs 2023

2023: £3.31M

Employees

1132024
+1vs 2023

2023: 112

In 2024, VINCENTS SOLICITORS LIMITED reported net assets of £1.38M. The same filing shows total assets of £4.54M, cash in bank of £2.63K and total liabilities of £3.09M. Reported headcount was 113 in 2024. Total Liabilities fell from £3.31M in 2023 to £3.09M in 2024 (-6.69%). 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

£1.38M2024
7.07%from £1.29M in 2023

Year-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 VINCENTS SOLICITORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.29M2022£1.38M2024
+7%vs 2022

+3.4% a year compound (CAGR)

Cash in Bank

£4.35K2022£2.63K2024
-39.6%vs 2022

-22.3% a year compound (CAGR)

Total Assets

£4.47M2022£4.54M2024
+1.6%vs 2022

+0.8% a year compound (CAGR)

Total Liabilities

£3.10M2022£3.09M2024
-0.2%vs 2022

-0.1% a year compound (CAGR)

Employees

9420221132024
+20.2%vs 2022+19

Biggest increase

Employees+20.2%

94 in 2022 to 113 in 2024

Biggest decrease

Cash in Bank-39.6%

£4.35K in 2022 to £2.63K in 2024

VINCENTS 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 VINCENTS 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
30.38%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.

Liabilities to total assets
68.05%2024

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
0.09%2024

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
0.06%2024

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

Indicator2021202220232024
Net Assets£1.32M1.29M1.29M1.38M
Total Assets£4.79M4.47M4.69M4.54M
Cash in Bank£182.09K4.35K3.69K2.63K
Total Liabilities£3.40M3.10M3.31M3.09M
Employees8294112113

VINCENTS SOLICITORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has VINCENTS SOLICITORS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for VINCENTS SOLICITORS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did VINCENTS SOLICITORS LIMITED report in 2024?

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VINCENTS SOLICITORS LIMITED reported net assets of £1.38M for 2024. That compares with £1.29M in 2023, a change of 7.07%.

What total assets did VINCENTS SOLICITORS LIMITED report in 2024?

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VINCENTS SOLICITORS LIMITED reported total assets of £4.54M for 2024. That compares with £4.69M in 2023, a change of -3.10%.

What cash in bank did VINCENTS SOLICITORS LIMITED report in 2024?

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VINCENTS SOLICITORS LIMITED reported cash in bank of £2.63K for 2024. That compares with £3.69K in 2023, a change of -28.69%.

How many people does VINCENTS SOLICITORS LIMITED employ?

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VINCENTS SOLICITORS LIMITED reported 113 employees in 2024, compared with 112 in 2023.

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

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Between 2022 and 2024, VINCENTS SOLICITORS LIMITED's net assets rose by 7%, cash in bank fell by 39.6%, total assets rose by 1.6% and total liabilities fell by 0.2%. Net assets compounded at 3.4% a year across the two years to 2024, from £1.29M to £1.38M. Reported headcount went from 94 in 2022 to 113 in 2024 (+19).

Which years of VINCENTS SOLICITORS LIMITED financial data are available?

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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.