How much does Armstrong Teasdale Limited make?

Armstrong Teasdale Limited reported revenue of £10.7m and £186k profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Armstrong Teasdale Limited have?

Armstrong Teasdale Limited reported an average of 68 employees in the year to 31 Dec 2022.

Is Armstrong Teasdale Limited profitable?

Yes — Armstrong Teasdale Limited reported a profit of £186k in the year to 31 Dec 2022.

Company No. 08879988 · Incorporated 6 Feb 2014

Armstrong Teasdale Limited

Registered name: ARMSTRONG TEASDALE LIMITED

Part of Armstrong Teasdale (Uk) Limited group

Armstrong Teasdale Limited made £10.7m revenue and £186k profit in the year to 31 Dec 2022.

Armstrong Teasdale Limited’s revenue grew 19% to £10.7m in the year to 31 Dec 2022, with £186k profit and 68 employees. The company is classified under “solicitors” and is based in Brighton; we hold 2 years of its filed accounts.

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

Status: Liquidation
Location: Brighton, South East
Age: 12 yrs · since 2014
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 Dec 2022

Key figures

Operating leverage

Revenue

£10.7m

Growth ▲19%

Profit

£186k

Growth ▲103.3%

Profit margin

1.7%

Gross 98.4%

Employees

Change ▲33.3%

Profit / employee

£2.7k

Revenue/employee £158k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9m	£10.7m
Cost of sales	—	£178k
Gross profit	£9m	£10.6m
Operating profit	−£235k	−£197k
Profit before tax	£91.4k	£186k
Profit after tax	£91.4k	£186k
Profit (best available)	£91.4k	£186k
Employees (average)	51	68
Ratios
Profit margin	1%	1.7%
Gross margin	100%	98.4%
Revenue per employee	£177k	£158k
Profit per employee	£1.8k	£2.7k
Growth (year on year)
Revenue growth	—	▲19%
Profit growth	—	▲103.3%
Headcount growth	—	▲33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£247k	£2.4m
Net assets	£5.3m	£6.7m
Fixed assets	£5.6m	£7m
Current assets	£3.5m	£7.8m
Debtors	£2.3m	£4.1m
Deferred income	£100k	£100k
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 98.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £158k; Revenue ÷ average employees.
Profit per employee: £2.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 64.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 37.7%; 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: ▲28%; Now £6.7m
Cash at bank: ▲889%; Now £2.4m
Headcount: ▲33%; Now 68
Deferred income: 0%; Now £100k
Fixed assets: ▲25%; Now £7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Armstrong Teasdale (Uk) Limited (registered outside the UK register)ultimate parent75–100%
Armstrong Teasdale Limitedthis company

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

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 accounts for the year to 31 Dec 2022 (profit £186k), from the Companies House accounts bulk data published Mar 2024. Spotted an error? Request a correction.

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