How much does Bishopsgate Law Ltd make?

Bishopsgate Law Ltd reported revenue of £14.4m and a loss of £3.5m in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does Bishopsgate Law Ltd have?

Bishopsgate Law Ltd reported an average of 193 employees in the year to 28 Feb 2025.

Is Bishopsgate Law Ltd profitable?

No — Bishopsgate Law Ltd reported a loss of £3.5m in the year to 28 Feb 2025.

Company No. 10196089 · Incorporated 24 May 2016

Bishopsgate Law Ltd

Registered name: BISHOPSGATE LAW LTD

Bishopsgate Law Ltd made £14.4m revenue and a £3.5m loss in the year to 28 Feb 2025.

Bishopsgate Law Ltd’s revenue was £14.4m in the year to 28 Feb 2025, with a loss of £3.5m and 193 employees. The company is classified under “solicitors” and is based in London; we hold 3 years of its filed accounts.

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

Status: Active
Location: London, London
Age: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 28 Feb 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£14.4m

Growth —

Profit

−£3.5m

Growth —

Profit margin

−24%

Gross 51.3%

Employees

193

Change —

Profit / employee

−£17.9k

Revenue/employee £74.8k

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2022	29 Feb 2024	28 Feb 2025
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£13.7m	£14.4m
Cost of sales	—	£3.7m	£7m
Gross profit	—	£9.9m	£7.4m
Profit before tax	—	−£4.1m	−£3.5m
Profit after tax	—	−£4.1m	−£3.5m
Profit (best available)	—	−£4.1m	−£3.5m
Staff costs	—	£11m	£9.1m
Employees (average)	118	152	193
Ratios
Profit margin	—	−29.8%	−24%
Gross margin	—	72.6%	51.3%
Revenue per employee	—	£89.9k	£74.8k
Profit per employee	—	−£26.8k	−£17.9k
Balance sheet — indirect signals, not revenue
Cash at bank	£303k	£255k	£325k
Net assets	−£3.5m	£1.4m	£983k
Fixed assets	£502k	£515k	£140k
Current assets	£2.7m	£6.5m	£6.7m
Debtors	£202k	£239k	£280k
Cash from operations	—	−£8.8m	−£2.8m
Source	FilletedAccounts · bulk data Nov 2024	FilletedAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: −24%; Profit ÷ revenue.
Gross margin: 51.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £74.8k; Revenue ÷ average employees.
Profit per employee: −£17.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.9%; 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: —; Now £983k
Cash at bank: —; Now £325k
Headcount: —; Now 193
Deferred income: —; Now —
Fixed assets: —; Now £140k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£3.5m), from the Companies House accounts bulk data published Nov 2025. 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.