WEALTH RECOVERY SOLICITORS LIMITED Financials
- Company number
- 11325165CopyCopy
- Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- Floor 6, 3 Hardman Street, Manchester M3 3HF
- Incorporated
- 24/04/2018
Company snapshot
- Status
- Active
- Employees
- 15 (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
-243.63%vs 20232023: £23.51K
Total Assets
88.13%vs 20232023: £446.85K
Cash in Bank
-66.90%vs 20232023: £123.25K
Total Liabilities
122.19%vs 20232023: £393.54K
Employees
+8vs 20232023: 7
In 2024, WEALTH RECOVERY SOLICITORS LIMITED reported net assets of £-33.77K. The same filing shows total assets of £840.64K, cash in bank of £40.80K and total liabilities of £874.41K. Reported headcount was 15 in 2024. Total Liabilities rose from £393.54K in 2023 to £874.41K in 2024 (122.19%). 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
-243.63%from £23.51K 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 WEALTH RECOVERY SOLICITORS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-135%vs 2022Cash in Bank
-32.8%vs 2022-18% a year compound (CAGR)
Total Assets
+118%vs 2022+47.7% a year compound (CAGR)
Total Liabilities
+204%vs 2022+74.3% a year compound (CAGR)
Employees
+275%vs 2022+11Biggest increase
Employees+275%
4 in 2022 to 15 in 2024
Biggest decrease
Net Assets-135%
£95.93K in 2022 to £-33.77K in 2024
WEALTH RECOVERY 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WEALTH RECOVERY 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
- -4.02%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
- 104.02%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
- 4.67%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
- 4.85%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 WEALTH RECOVERY 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£ | -18.72K | 95.93K | 23.51K | -33.77K |
| Total Assets£ | 64.52K | 385.22K | 446.85K | 840.64K |
| Cash in Bank£ | 47.11K | 60.73K | 123.25K | 40.80K |
| Total Liabilities£ | 83.24K | 287.89K | 393.54K | 874.41K |
| Employees | 5 | 4 | 7 | 15 |
WEALTH RECOVERY SOLICITORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WEALTH RECOVERY SOLICITORS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
WEALTH RECOVERY SOLICITORS LIMITED reported net assets of £-33.77K for 2024. That compares with £23.51K in 2023, a change of -243.63%.
WEALTH RECOVERY SOLICITORS LIMITED reported total assets of £840.64K for 2024. That compares with £446.85K in 2023, a change of 88.13%.
WEALTH RECOVERY SOLICITORS LIMITED reported cash in bank of £40.80K for 2024. That compares with £123.25K in 2023, a change of -66.90%.
WEALTH RECOVERY SOLICITORS LIMITED reported 15 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, WEALTH RECOVERY SOLICITORS LIMITED's net assets fell by 135%, cash in bank fell by 32.8%, total assets rose by 118% and total liabilities rose by 204%. Cash in bank contracted at 18% a year across the two years to 2024, from £60.73K to £40.80K. Reported headcount went from 4 in 2022 to 15 in 2024 (+11).
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.