How much does Thorneycroft Solicitors Limited make?

Thorneycroft Solicitors Limited reported revenue of £5.7m and £689k profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Thorneycroft Solicitors Limited have?

Thorneycroft Solicitors Limited reported an average of 58 employees in the year to 31 Oct 2025.

Is Thorneycroft Solicitors Limited profitable?

Yes — Thorneycroft Solicitors Limited reported a profit of £689k in the year to 31 Oct 2025.

Company No. 04932249 · Incorporated 15 Oct 2003

Thorneycroft Solicitors Limited

Registered name: THORNEYCROFT SOLICITORS LIMITED

Part of Tsg Professional Services Ltd group

Thorneycroft Solicitors Limited made £5.7m revenue and £689k profit in the year to 31 Oct 2025.

Thorneycroft Solicitors Limited’s revenue fell 4% to £5.7m in the year to 31 Oct 2025, with £689k profit and 58 employees. The company is classified under “solicitors” and is based in Macclesfield; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69102Solicitors

Status: Active
Location: Macclesfield, North West
Age: 23 yrs · since 2003
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Oct 2025

Key figures

Capital-lightCash flow filed

Revenue

£5.7m

Growth ▼3.9%

Profit

£689k

Growth ▲286.6%

Profit margin

12.2%

Gross 89.8%

Employees

Change ▼20.5%

Profit / employee

£11.9k

Revenue/employee £97.7k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.9m	£6.9m	£5.9m	£5.7m
Cost of sales	£1m	£1m	£1.1m	£577k
Gross profit	£8.8m	£5.9m	£4.8m	£5.1m
Operating profit	£2.5m	£380k	£35.2k	£774k
Profit before tax	£2.5m	£470k	£237k	£928k
Profit after tax	£2m	£357k	£178k	£689k
Profit (best available)	£2m	£357k	£178k	£689k
Staff costs	£4.1m	£3.7m	£3.3m	£3m
Employees (average)	110	90	73	58
Ratios
Profit margin	20.7%	5.1%	3%	12.2%
Gross margin	89.5%	85.4%	81.4%	89.8%
Revenue per employee	£89.8k	£77k	£80.7k	£97.7k
Profit per employee	£18.6k	£4k	£2.4k	£11.9k
Cash conversion	−125.8%	−377.6%	14.9%	−49.8%
Growth (year on year)
Revenue growth	—	▼29.9%	▼14.9%	▼3.9%
Profit growth	—	▼82.5%	▼50.1%	▲286.6%
Headcount growth	—	▼18.2%	▼18.9%	▼20.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.7m	£6.2m	£5.3m	£4.1m
Net assets	£10.2m	£9.8m	£9m	£8.2m
Fixed assets	£347k	£303k	£301k	£286k
Current assets	£15.6m	£14.2m	£12.8m	£11.4m
Debtors	£6.2m	£4.5m	£4m	£3.6m
Cash from operations	−£3.2m	−£1.4m	£5.2k	−£385k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 12.2%; Profit ÷ revenue.
Gross margin: 89.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £97.7k; Revenue ÷ average employees.
Profit per employee: £11.9k; Profit ÷ average employees.
Cash conversion: −49.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 62.9%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼9%; Now £8.2m
Cash at bank: ▼23%; Now £4.1m
Headcount: ▼21%; Now 58
Deferred income: —; Now —
Fixed assets: ▼5%; Now £286k

Corporate ownership

Group structure

Ownership chain

Tsg Professional Services Ltd (registered outside the UK register)ultimate parent75–100%
Thorneycroft Solicitors Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Thorneycroft Trust Corporation LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £689k), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.

Updated from Companies House on 16 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.