Trethowans LLP
Registered name: TRETHOWANS LLP
Part of Lawfront Holdings Limited groupTrethowans LLP made £30.3m revenue and £14.7m profit in the year to 31 Mar 2025. read from filing text
Trethowans LLP’s revenue grew 17% to £30.3m in the year to 31 Mar 2025, with £14.7m profit and 221 employees. The company is based in Salisbury; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Salisbury, South West
- Age
- 17 yrs · since 2008
- 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.
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: “During the financial year, the LLP was controlled by its members as delegated to the board and as such there was no one controlling party.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £25.2m | £25.9m | £30.3m |
| Operating profit | £10.6m | £10.9m | £13.5m |
| Profit after tax | £10.8m | £11.6m | £14.7m |
| Profit (best available) | £10.8m | £11.6m | £14.7m |
| Employees (average) | 214 | 212 | 221 |
| Ratios | |||
| Profit margin | 42.7% | 45% | 48.6% |
| Revenue per employee | £118k | £122k | £137k |
| Profit per employee | £50.3k | £54.9k | £66.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▲2.6% | ▲17% |
| Profit growth | — | ▲8.2% | ▲26.4% |
| Headcount growth | — | ▼0.9% | ▲4.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 48.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £137k
- Revenue ÷ average employees.
- Profit per employee
- £66.6k
- 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
- ▲4%
- Now 221
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Lawfront Holdings Limitedultimate parent75–100%
- Lawfront Midco Limited75–100%
- Lawfront Group Limited50–75%
- Trethowans LLPthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Sacredground LimitedFigures not disclosed
- Trethowans Services LimitedFigures not disclosed
- Trethowans Trust Corporation LimitedFigures not disclosed
- United Law LimitedFigures not disclosed
Sister companies (10)
- Slater Heelis LimitedRev. £18.1m · Profit −£358k
- Brachers LLPFigures not disclosed
- Farleys Newco LimitedFigures not disclosed
- Farleys Solicitors LLPFigures not disclosed
- Fisher Jones Greenwood LLPFigures not disclosed
- FJG Newco LimitedFigures not disclosed
- Godfrey Wright LimitedFigures not disclosed
- Lawfront Member LimitedFigures not disclosed
- Lawfront Trust Corporation LimitedFigures not disclosed
- Nelsonslaw LLPFigures not disclosed
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £14.7m), 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.