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YOUR LEGAL COSTS LIMITED Financials

Company number
13725512Copy
Copy
Registered office
4th Floor Building 8, Princes Parade, Liverpool L3 1DL
Incorporated
05/11/2021

Company snapshot

Status
Active
Employees
39 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£192.86K2024
13.13%vs 2023

2023: £170.48K

Total Assets

£3.08M2024
12.87%vs 2023

2023: £2.72M

Cash in Bank

£42.97K2024
184.24%vs 2023

2023: £15.12K

Total Liabilities

£2.80M2024
14.58%vs 2023

2023: £2.44M

Employees

392024
-5vs 2023

2023: 44

In 2024, YOUR LEGAL COSTS LIMITED reported net assets of £192.86K. The same filing shows total assets of £3.08M, cash in bank of £42.97K and total liabilities of £2.80M. Reported headcount was 39 in 2024. Total Liabilities rose from £2.44M in 2023 to £2.80M in 2024 (14.58%). Okredo holds filed figures for 2022–2024; 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

£192.86K2024
13.13%from £170.48K in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures YOUR LEGAL COSTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£201.72K2022£192.86K2024
-4.4%vs 2022

-2.2% a year compound (CAGR)

Cash in Bank

£15.75K2022£42.97K2024
+173%vs 2022

+65.2% a year compound (CAGR)

Total Assets

£1.88M2022£3.08M2024
+63.2%vs 2022

+27.7% a year compound (CAGR)

Total Liabilities

£1.58M2022£2.80M2024
+76.6%vs 2022

+32.9% a year compound (CAGR)

Employees

412022392024
-4.9%vs 2022-2

Biggest increase

Cash in Bank+173%

£15.75K in 2022 to £42.97K in 2024

Biggest decrease

Employees-4.9%

41 in 2022 to 39 in 2024

YOUR LEGAL COSTS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 YOUR LEGAL COSTS 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
6.27%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
91.00%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
1.54%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
1.40%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 YOUR LEGAL COSTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£201.72K170.48K192.86K
Total Assets£1.88M2.72M3.08M
Cash in Bank£15.75K15.12K42.97K
Total Liabilities£1.58M2.44M2.80M
Employees414439

YOUR LEGAL COSTS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for YOUR LEGAL COSTS LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

YOUR LEGAL COSTS LIMITED reported net assets of £192.86K for 2024. That compares with £170.48K in 2023, a change of 13.13%.

YOUR LEGAL COSTS LIMITED reported total assets of £3.08M for 2024. That compares with £2.72M in 2023, a change of 12.87%.

YOUR LEGAL COSTS LIMITED reported cash in bank of £42.97K for 2024. That compares with £15.12K in 2023, a change of 184.24%.

YOUR LEGAL COSTS LIMITED reported 39 employees in 2024, compared with 44 in 2023.

Between 2022 and 2024, YOUR LEGAL COSTS LIMITED's net assets fell by 4.4%, cash in bank rose by 173%, total assets rose by 63.2% and total liabilities rose by 76.6%. Net assets contracted at 2.2% a year across the two years to 2024, from £201.72K to £192.86K. Reported headcount went from 41 in 2022 to 39 in 2024 (-2).

Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.