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Company No. SC738324 · Incorporated 14 Jul 2022

Jones Whyte Law Ltd

Registered name: JONES WHYTE LAW LTD

Jones Whyte Law Ltd made £15.2m revenue and £12.6k profit in the year to 31 Mar 2024.

Jones Whyte Law Ltd’s revenue was £15.2m in the year to 31 Mar 2024, with £12.6k profit and 223 employees. The company is classified under “solicitors” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69102Solicitors
Status
Active
Location
Glasgow, Scotland
Age
4 yrs · since 2022
Type
Private Limited Company
Latest accounts · year to 31 Mar 2024

Key figures

IndependentCapital-lightYoung and profitableCash flow filed
Revenue
£15.2m
Growth —
Profit
£12.6k
Growth —
Profit margin
0.1%
Gross −1.8%
Employees
223
Change ▲2378%
Profit / employee
£56
Revenue/employee £68.1k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 2024
DisclosureNo P&LFull P&L
Profit & loss
Revenue (turnover)—£15.2m
Cost of sales—£15.5m
Gross profit—−£275k
Profit before tax—£52.2k
Profit after tax—£12.6k
Profit (best available)—£12.6k
Staff costs—£10.4m
Employees (average)9223
Ratios
Profit margin—0.1%
Gross margin—−1.8%
Revenue per employee—£68.1k
Profit per employee—£56
Growth (year on year)
Headcount growth—▲2378%
Balance sheet — indirect signals, not revenue
Cash at bank£9£1.2m
Net assets£9£12.6k
Fixed assets—£946k
Current assets£9£5m
Debtors—£762k
Deferred income—£4.4m
Cash from operations—£1.9m
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Dec 2024
Derived from the latest filing

How the business works

Profit margin
0.1%
Profit ÷ revenue.
Gross margin
−1.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£68.1k
Revenue ÷ average employees.
Profit per employee
£56
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
6.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
29.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
5%
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
▲139833%
Now £12.6k
Cash at bank
▲13495744%
Now £1.2m
Headcount
▲2378%
Now 223
Deferred income
—
Now £4.4m
Fixed assets
—
Now £946k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (6)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £12.6k), from the Companies House accounts bulk data published Dec 2024. 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.