HCR Legal LLP
Registered name: HCR LEGAL LLP
HCR Legal LLP made £93.2m revenue and £28.6m profit in the year to 31 Mar 2025.
HCR Legal LLP’s revenue grew 13% to £93.2m in the year to 31 Mar 2025, with £28.6m profit and 805 employees. The company is based in Worcester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Worcester
- Age
- 13 yrs · since 2013
- Type
- Limited Liability Partnership
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £76.3m | £82.5m | £93.2m |
| Operating profit | £17.8m | £19.9m | £26.1m |
| Profit before tax | £20.7m | £24.6m | £30.4m |
| Profit after tax | £17.3m | £21.9m | £28.6m |
| Profit (best available) | £17.3m | £21.9m | £28.6m |
| Employees (average) | 775 | 789 | 805 |
| Ratios | |||
| Profit margin | 22.7% | 26.5% | 30.6% |
| Revenue per employee | £98.5k | £105k | £116k |
| Profit per employee | £22.3k | £27.7k | £35.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▲8.1% | ▲12.9% |
| Profit growth | — | ▲26.3% | ▲30.6% |
| Headcount growth | — | ▲1.8% | ▲2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 30.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £116k
- Revenue ÷ average employees.
- Profit per employee
- £35.5k
- 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.
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
- ▲2%
- Now 805
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (7)
- Aardvark Legal Services LimitedFigures not disclosed
- Harrison Clark Rickerbys Services LimitedFigures not disclosed
- HCR Investments LimitedFigures not disclosed
- HCR Properties (2022) LimitedFigures not disclosed
- HCR Trust Corporation LimitedFigures not disclosed
- Hewitsons Legal LimitedFigures not disclosed
- HS Secretarial 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 £28.6m), 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.