WELCH & CO (SOLICITORS) LTD Financials
- Company number
- 06522696CopyCopy
- Industry
- Solicitors (69.10/2 - SIC 2007)
- Registered office
- Mercantile Building, 5 Castle Street, Cardigan, Ceredigion SA43 3AB
- Incorporated
- 04/03/2008
Company snapshot
- Status
- Active
- Employees
- 23 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
- Industry
- Solicitors (69.10/2 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
24.69%vs 20242024: £274.91K
Total Assets
57.97%vs 20242024: £465.04K
Total Liabilities
106.09%vs 20242024: £190.13K
Employees
-3vs 20242024: 26
In 2025, WELCH & CO (SOLICITORS) LTD reported net assets of £342.80K. The same filing shows total assets of £734.63K and total liabilities of £391.83K. Reported headcount was 23 in 2025. Total Assets rose from £465.04K in 2024 to £734.63K in 2025 (57.97%). 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
24.69%from £274.91K 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 WELCH & CO (SOLICITORS) LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+122%vs 2023+49% a year compound (CAGR)
Total Assets
+108%vs 2023+44.2% a year compound (CAGR)
Employees
-8%vs 2023-2Biggest increase
Net Assets+122%
£154.32K in 2023 to £342.80K in 2025
Biggest decrease
Employees-8%
25 in 2023 to 23 in 2025
WELCH & CO (SOLICITORS) LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 WELCH & CO (SOLICITORS) 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
- 46.66%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.
- Liabilities to total assets
- 53.34%2025
- 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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for WELCH & CO (SOLICITORS) 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£ | 162.41K | 114.81K | 154.32K | 274.91K | 342.80K |
| Total Assets£ | 379.57K | 284.98K | 353.33K | 465.04K | 734.63K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 217.16K | 170.17K | – | 190.13K | 391.83K |
| Employees | 20 | 20 | 25 | 26 | 23 |
WELCH & CO (SOLICITORS) LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WELCH & CO (SOLICITORS) LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
WELCH & CO (SOLICITORS) LTD reported net assets of £342.80K for 2025. That compares with £274.91K in 2024, a change of 24.69%.
WELCH & CO (SOLICITORS) LTD reported total assets of £734.63K for 2025. That compares with £465.04K in 2024, a change of 57.97%.
WELCH & CO (SOLICITORS) LTD reported total liabilities of £391.83K for 2025. That compares with £190.13K in 2024, a change of 106.09%.
WELCH & CO (SOLICITORS) LTD reported 23 employees in 2025, compared with 26 in 2024.
Between 2023 and 2025, WELCH & CO (SOLICITORS) LTD's net assets rose by 122%, total assets rose by 108% and employee numbers fell by 8%. Net assets compounded at 49% a year across the two years to 2025, from £154.32K to £342.80K. Reported headcount went from 25 in 2023 to 23 in 2025 (-2).
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.