How much does Factor Law Ltd make?

Factor Law Ltd reported revenue of £15.1m and a loss of £430k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Factor Law Ltd have?

Factor Law Ltd reported an average of 160 employees in the year to 31 Dec 2024.

Is Factor Law Ltd profitable?

No — Factor Law Ltd reported a loss of £430k in the year to 31 Dec 2024.

Company No. 11777429 · Incorporated 21 Jan 2019

Factor Law Ltd

Registered name: FACTOR LAW LTD

Part of Factor Law Holdings Ltd group

Factor Law Ltd made £15.1m revenue and a £430k loss in the year to 31 Dec 2024. read from filing text

Factor Law Ltd’s revenue fell 24% to £15.1m in the year to 31 Dec 2024, with a loss of £430k and 160 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: London, London
Age: 7 yrs · since 2019
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. From the filing: “The”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£15.1m

Growth ▼24.1%

Profit

−£430k

Growth —

Profit margin

−2.8%

Gross 44%

Employees

160

Change ▼15.3%

Profit / employee

−£2.7k

Revenue/employee £94.6k

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 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£25.1m	£20m	£15.1m
Cost of sales	£15.9m	£11.9m	£8.5m
Gross profit	£9.2m	£8.1m	£6.7m
Operating profit	−£546k	−£234k	−£429k
Profit before tax	−£527k	−£208k	−£430k
Profit after tax	−£495k	−£208k	−£430k
Profit (best available)	−£495k	−£208k	−£430k
Staff costs	£14.4m	£11.3m	£9.1m
Employees (average)	253	189	160
Ratios
Profit margin	−2%	−1%	−2.8%
Gross margin	36.6%	40.5%	44%
Revenue per employee	£99.4k	£106k	£94.6k
Profit per employee	−£2k	−£1.1k	−£2.7k
Growth (year on year)
Revenue growth	—	▼20.6%	▼24.1%
Headcount growth	—	▼25.3%	▼15.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6m	£436k	£82.7k
Net assets	£3.6m	£3.4m	£3m
Fixed assets	£875k	£402k	£113k
Current assets	£9.3m	£8.2m	£5.9m
Debtors	£1.7m	£830k	£823k
Deferred income	£2.5m	£1.7m	£813k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −2.8%; Profit ÷ revenue.
Gross margin: 44%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £94.6k; 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: 0.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.4%; 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: ▼13%; Now £3m
Cash at bank: ▼81%; Now £82.7k
Headcount: ▼15%; Now 160
Deferred income: ▼52%; Now £813k
Fixed assets: ▼72%; Now £113k

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

Factor Law Holdings Ltdultimate parent75–100%
Factor Law Ltdthis 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

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£430k), from the Companies House accounts bulk data published Dec 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.