How much does Ref Legal Ltd make?

Ref Legal Ltd reported revenue of £796k and £274k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Ref Legal Ltd have?

Ref Legal Ltd reported an average of 3 employees in the year to 31 Dec 2025.

Is Ref Legal Ltd profitable?

Yes — Ref Legal Ltd reported a profit of £274k in the year to 31 Dec 2025.

Company No. 12912071 · Incorporated 29 Sep 2020

Ref Legal Ltd

Registered name: REF LEGAL LTD

Ref Legal Ltd made £796k revenue and £274k profit in the year to 31 Dec 2025.

Ref Legal Ltd’s revenue grew 33% to £796k in the year to 31 Dec 2025, with £274k profit and 3 employees. The company is classified under “solicitors” and is based in Wallington; we hold 4 years of its filed accounts.

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

Status: Active
Location: Wallington, London
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentSmall teamOperating leverageDoing more with less

Revenue

£796k

Growth ▲32.6%

Profit

£274k

Growth ▲114.8%

Profit margin

34.4%

Employees

Change ▼40%

Profit / employee

£91.3k

Revenue/employee £265k

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£759k	£748k	£600k	£796k
Profit after tax	£348k	£215k	£127k	£274k
Profit (best available)	£348k	£215k	£127k	£274k
Staff costs	£214k	£312k	£220k	£224k
Employees (average)	4	5	5	3
Ratios
Profit margin	45.9%	28.8%	21.2%	34.4%
Revenue per employee	£190k	£150k	£120k	£265k
Profit per employee	£87.1k	£43k	£25.5k	£91.3k
Growth (year on year)
Revenue growth	—	▼1.5%	▼19.7%	▲32.6%
Profit growth	—	▼38.3%	▼40.8%	▲114.8%
Headcount growth	—	▲25%	0%	▼40%
Balance sheet — indirect signals, not revenue
Net assets	£233k	£95k	£52.4k	£1.9k
Fixed assets	£3.7k	£128k	£112k	£140k
Current assets	£390k	£224k	£147k	£131k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 34.4%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £265k; Revenue ÷ average employees.
Profit per employee: £91.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 17.6%; 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.

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: ▼96%; Now £1.9k
Cash at bank: —; Now —
Headcount: ▼40%; Now 3
Deferred income: —; Now —
Fixed assets: ▲25%; Now £140k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £274k), from the Companies House accounts bulk data published May 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.