Trade Union Legal LLP
Registered name: TRADE UNION LEGAL LLP
Part of GMB & Cwu Legal LLP groupTrade Union Legal LLP made £7.5m revenue and a £1.2m loss in the year to 31 Dec 2024.
Trade Union Legal LLP’s revenue grew 6% to £7.5m in the year to 31 Dec 2024, with a loss of £1.2m and 76 employees. The company is based in Sheffield; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Sheffield, Yorkshire and The Humber
- Age
- 13 yrs · since 2013
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £7.6m | £7.1m | £7.5m |
| Gross profit | £7.6m | £7.1m | £7.5m |
| Operating profit | −£2m | −£3.1m | −£1.2m |
| Profit before tax | — | −£3.2m | −£1.2m |
| Profit after tax | −£2m | −£3.2m | −£1.2m |
| Profit (best available) | −£2m | −£3.2m | −£1.2m |
| Staff costs | £2.9m | £3m | £3.1m |
| Employees (average) | 82 | 82 | 76 |
| Ratios | |||
| Profit margin | −26.9% | −44.2% | −15.4% |
| Gross margin | 100% | 100% | 100% |
| Revenue per employee | £92.7k | £87k | £99.2k |
| Profit per employee | −£24.9k | −£38.4k | −£15.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▼6.1% | ▲5.6% |
| Headcount growth | — | 0% | ▼7.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | −£14.4k | −£46.1k | £130k |
| Net assets | −£18.2m | −£21.4m | −£22.6m |
| Current assets | £14.2m | £13.1m | £14.2m |
| Debtors | £12.5m | £11.8m | £12.6m |
| Deferred income | £828k | £754k | £468k |
| Source | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −15.4%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £99.2k
- Revenue ÷ average employees.
- Profit per employee
- −£15.3k
- 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
- 6.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 167%
- 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 −£22.6m
- Cash at bank
- —
- Now £130k
- Headcount
- ▼7%
- Now 76
- Deferred income
- ▼38%
- Now £468k
- 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
Ownership chain
- GMB & Cwu Legal LLPultimate parent75–100%
- Trade Union Legal LLPthis 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).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.2m), from the Companies House accounts bulk data published Sep 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.