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Company No. 11917781 · Incorporated 1 Apr 2019

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.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69102Solicitors
Status
Active
Location
Liverpool, North West
Age
7 yrs · since 2019
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

IndependentCash flow filed
Revenue
£11m
Growth ▲7.5%
Profit
£475k
Growth ▼60.2%
Profit margin
4.3%
Gross 40.6%
Employees
196
Change ▲3.2%
Profit / employee
£2.4k
Revenue/employee £56.1k
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 to28 Feb 202228 Feb 202329 Feb 202428 Feb 2025
DisclosureFull P&LFull P&LFull P&Lread from filing textFull 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)168176190196
Ratios
Profit margin14.2%12.3%11.7%4.3%
Gross margin47.3%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
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

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.
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
▼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.

Corporate ownership

Group structure

Subsidiaries (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.