Forvis Mazars LLP
Registered name: FORVIS MAZARS LLP
Forvis Mazars LLP made £362m revenue and £65.5m profit in the year to 31 Aug 2024.
Forvis Mazars LLP’s revenue grew 8% to £362m in the year to 31 Aug 2024, with £65.5m profit and 3,469 employees. The company is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 22 yrs · since 2004
- 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 Aug 2023 | 31 Aug 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £335m | £362m |
| Cost of sales | £14.8m | £17m |
| Operating profit | £65.4m | £70.6m |
| Profit before tax | £64.6m | £70.2m |
| Profit after tax | £61.5m | £65.5m |
| Profit (best available) | £61.5m | £65.5m |
| Employees (average) | 3,272 | 3,469 |
| Ratios | ||
| Profit margin | 18.4% | 18.1% |
| Revenue per employee | £102k | £104k |
| Profit per employee | £18.8k | £18.9k |
| Growth (year on year) | ||
| Revenue growth | — | ▲8.3% |
| Profit growth | — | ▲6.5% |
| Headcount growth | — | ▲6% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 18.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £104k
- Revenue ÷ average employees.
- Profit per employee
- £18.9k
- 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
- ▲6%
- Now 3,469
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (3)
- Forvis Mazars Services LimitedRev. £0 · Profit £3.5m
- Forvis Mazars Holdings (Australia) LimitedFigures not disclosed
- Forvis Mazars Holdings (US) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Aug 2024 (profit £65.5m), from the Companies House accounts bulk data published Apr 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.