Company No. OC334406 · Incorporated 28 Jan 2008
Macfarlanes LLP
Registered name: MACFARLANES LLP
Macfarlanes LLP made £371m revenue and £211m profit in the year to 31 Mar 2025.
Macfarlanes LLP’s revenue grew 20% to £371m in the year to 31 Mar 2025, with £211m profit and 790 employees. The company is based in London; we hold 3 years of its filed accounts.
Full profit & loss filed
- Status
- Active
- Location
- London
- Age
- 18 yrs · since 2008
- Type
- Limited Liability Partnership
Latest accounts · year to 31 Mar 2025
Key figures
Revenue
£371m
Growth ▲20.1%
Profit
£211m
Growth ▲20.2%
Profit margin
56.9%
Employees
790
Change ▲0.9%
Profit / employee
£267k
Revenue/employee £470k
Profitable streak
3yrs
Consecutive profitable years in our data
3 filed years
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | |||
| Revenue (turnover) | £297m | £309m | £371m |
| Operating profit | £154m | £174m | £207m |
| Profit before tax | £155m | £177m | £212m |
| Profit after tax | £153m | £176m | £211m |
| Profit (best available) | £153m | £176m | £211m |
| Employees (average) | 773 | 783 | 790 |
| Ratios | |||
| Profit margin | 51.6% | 56.9% | 56.9% |
| Revenue per employee | £384k | £395k | £470k |
| Profit per employee | £198k | £224k | £267k |
| Growth (year on year) | |||
| Revenue growth | — | ▲4.2% | ▲20.1% |
| Profit growth | — | ▲14.7% | ▲20.2% |
| Headcount growth | — | ▲1.3% | ▲0.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2025 |
Derived from the latest filing
How the business works
- Profit margin
- 56.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £470k
- Revenue ÷ average employees.
- Profit per employee
- £267k
- 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 790
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Corporate ownership
Group structure
Subsidiaries (8)
- Cannon Nominees LimitedFigures not disclosed
- Cannon Nominees Properties LimitedFigures not disclosed
- Embleton Trust Corporation LimitedFigures not disclosed
- Macfarlanes LimitedFigures not disclosed
- Macfarlanes Nominees LimitedFigures not disclosed
- Macfarlanes Private Capital Solutions LimitedFigures not disclosed
- Macfarlanes Services LimitedFigures not disclosed
- Private Capital Solutions LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £211m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 17 Oct 2026