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Company No. OC433300 · Incorporated 10 Sep 2020

Forbes Solicitors LLP

Registered name: FORBES SOLICITORS LLP

Forbes Solicitors LLP made £25.6m revenue and £6.2m profit in the year to 30 Apr 2025. read from filing text

Forbes Solicitors LLP’s revenue grew 12% to £25.6m in the year to 30 Apr 2025, with £6.2m profit and 346 employees. The company is based in Preston; we hold 4 years of its filed accounts.

Full P&L filed
Status
Active
Location
Preston, North West
Age
6 yrs · since 2020
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.

Latest accounts · year to 30 Apr 2025

Key figures

IndependentYoung and profitableOperating leverageDoing more with less
Revenue
£25.6m
Growth ▲11.8%
Profit
£6.2m
Growth ▲33.4%
Profit margin
24.3%
 
Employees
346
Change ▼1.1%
Profit / employee
£18k
Revenue/employee £74.1k
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 to30 Apr 202230 Apr 202330 Apr 202430 Apr 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£16.9m£21.1m£22.9m£25.6m
Operating profit£3.6m£4.6m£4.3m£6m
Profit after tax£3.6m£4.8m£4.7m£6.2m
Profit (best available)£3.6m£4.8m£4.7m£6.2m
Employees (average)319335350346
Ratios
Profit margin21.2%22.7%20.4%24.3%
Revenue per employee£53k£63.1k£65.5k£74.1k
Profit per employee£11.3k£14.3k£13.4k£18k
Growth (year on year)
Revenue growth—▲25.1%▲8.4%▲11.8%
Profit growth—▲33.9%▼2.7%▲33.4%
Headcount growth—▲5%▲4.5%▼1.1%
Balance sheet — indirect signals, not revenue
Net assets————
SourceFullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2025FullAccounts · bulk data Jan 2026
Derived from the latest filing

How the business works

Profit margin
24.3%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£74.1k
Revenue ÷ average employees.
Profit per employee
£18k
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.
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
—
Now —
Cash at bank
—
Now —
Headcount
▼1%
Now 346
Deferred income
—
Now —
Fixed assets
—
Now —

Sources

Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £6.2m), from the Companies House accounts bulk data published Jan 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.