TWM Solicitors LLP
Registered name: TWM SOLICITORS LLP
TWM Solicitors LLP made £16.7m revenue and £4m profit in the year to 31 Jul 2024.
TWM Solicitors LLP’s revenue fell 8% to £16.7m in the year to 31 Jul 2024, with £4m profit and 0 employees. The company is based in Guildford; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Guildford, South East
- Age
- 23 yrs · since 2003
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2023 | 31 Jul 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £18m | £16.7m |
| Cost of sales | £9.9m | £9.7m |
| Gross profit | £8.1m | £7m |
| Operating profit | £3.4m | £2m |
| Profit after tax | £4.9m | £4m |
| Profit (best available) | £4.9m | £4m |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 27.3% | 23.9% |
| Gross margin | 45.1% | 41.7% |
| Growth (year on year) | ||
| Revenue growth | — | ▼7.7% |
| Profit growth | — | ▼19.2% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Debtors | £3.1m | £2.5m |
| Deferred income | £506k | £790k |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- 23.9%
- Profit ÷ revenue.
- Gross margin
- 41.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- 4.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.8%
- 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
- —
- Now 0
- Deferred income
- ▲56%
- Now £790k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- TWM Corporate Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Jul 2024 (profit £4m), from the Companies House accounts bulk data published Feb 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.