MSB Solicitors Limited
Registered name: MSB SOLICITORS LIMITED
MSB Solicitors Limited made £11m revenue and £475k profit in the year to 28 Feb 2025. read from filing text
MSB Solicitors Limited’s revenue grew 7% to £11m in the year to 28 Feb 2025, with £475k profit and 196 employees. The company is classified under “solicitors” and is based in Liverpool; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Liverpool, North West
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £9.5m | £9.4m | £10.2m | £11m |
| Cost of sales | £5m | £5.1m | £5.4m | £6.5m |
| Gross profit | £4.5m | £4.3m | £4.8m | £4.5m |
| Operating profit | £1.8m | £1.2m | £962k | £252k |
| Profit before tax | £1.7m | £1.5m | £1.7m | £773k |
| Profit after tax | £1.4m | £1.2m | £1.2m | £475k |
| Profit (best available) | £1.4m | £1.2m | £1.2m | £475k |
| Staff costs | — | £5m | £6.1m | £6.8m |
| Employees (average) | 168 | 176 | 190 | 196 |
| Ratios | ||||
| Profit margin | 14.2% | 12.3% | 11.7% | 4.3% |
| Gross margin | 47.3% | 45.8% | 47% | 40.6% |
| Revenue per employee | £56.5k | £53.7k | £53.8k | £56.1k |
| Profit per employee | £8.1k | £6.6k | £6.3k | £2.4k |
| Cash conversion | — | −44.9% | −29% | −292.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼0.5% | ▲8.2% | ▲7.5% |
| Profit growth | — | ▼14.4% | ▲3.1% | ▼60.2% |
| Headcount growth | — | ▲4.8% | ▲8% | ▲3.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £470k | £475k | £262k | £469k |
| Net assets | £1.9m | £2.7m | £3.2m | £2.8m |
| Fixed assets | £2.9m | £2.6m | £2.2m | £1.8m |
| Current assets | £3.3m | £3.5m | £3.9m | £3.7m |
| Debtors | £963k | £974k | £1.3m | £1.1m |
| Deferred income | £360k | £279k | £228k | £181k |
| Cash from operations | — | −£524k | −£279k | −£737k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 4.3%
- Profit ÷ revenue.
- Gross margin
- 40.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £56.1k
- Revenue ÷ average employees.
- Profit per employee
- £2.4k
- Profit ÷ average employees.
- Cash conversion
- −292.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.9%
- 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
- ▼12%
- Now £2.8m
- Cash at bank
- ▲79%
- Now £469k
- Headcount
- ▲3%
- Now 196
- Deferred income
- ▼21%
- Now £181k
- Fixed assets
- ▼16%
- Now £1.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Simply Social Housing LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £475k), from the Companies House accounts bulk data published Nov 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.