Switalskis Solicitors Limited
Registered name: SWITALSKIS SOLICITORS LIMITED
Switalskis Solicitors Limited made £30.8m revenue and £4.5m profit in the year to 31 Mar 2025.
Switalskis Solicitors Limited’s revenue grew 2% to £30.8m in the year to 31 Mar 2025, with £4.5m profit and 381 employees. The company is classified under “solicitors” and is based in Leeds; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £27.5m | £30.3m | £30.8m |
| Cost of sales | — | −£11.8m | −£13.5m | −£14.1m |
| Gross profit | — | £15.7m | £16.7m | £16.8m |
| Operating profit | — | £6.2m | £7.4m | £6.5m |
| Profit before tax | — | £5.4m | £7.1m | £6.1m |
| Profit after tax | £4.2m | £4.3m | £5.1m | £4.5m |
| Profit (best available) | £4.2m | £4.3m | £5.1m | £4.5m |
| Employees (average) | — | 474 | 398 | 381 |
| Ratios | ||||
| Profit margin | — | 15.7% | 16.9% | 14.5% |
| Gross margin | — | 57.2% | 55.3% | 54.4% |
| Revenue per employee | — | £58.1k | £76k | £80.9k |
| Profit per employee | — | £9.1k | £12.8k | £11.8k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲9.9% | ▲1.9% |
| Profit growth | — | ▲2.2% | ▲18.6% | ▼12.3% |
| Headcount growth | — | — | ▼16% | ▼4.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £102k | £557k | — | — |
| Net assets | £2.6m | £5.3m | — | — |
| Fixed assets | £3.9m | £1.7m | — | — |
| Current assets | £14.8m | £23m | — | — |
| Debtors | £1.1m | £3.6m | — | — |
| Deferred income | £620k | £1.3m | — | — |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 14.5%
- Profit ÷ revenue.
- Gross margin
- 54.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £80.9k
- Revenue ÷ average employees.
- Profit per employee
- £11.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼4%
- Now 381
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (2)
- Pryers Solicitors LLPRev. £5.1m · Profit £1.9m
- Calculus Legal Costs Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £4.5m), from the Companies House accounts bulk data published Feb 2026. 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.