Factor Law Ltd
The principal activity of Factor Law Ltd ("Factor") continued to be that of the provision of legal and consulting services in a wide range of industries and practices through two forms of engagement: Legal Managed Services and Regulatory Response/Projects. The company provides next-generation solutions for complex legal work at scale, ranging from deadline-driven regulatory projects to long-term managed services performed primarily in Factor's delivery centres.
Revenue
£20.0m
▼ -20.6% vs prior ~12m period
Profit after tax
-£208k
Margin -1.2%
Employees
160
▼ -15.3% vs prior ~12m period
Net assets
£3.0m
Total assets £6.0m
Financial history
Revenue by accounting period
4 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | — | — | -£430k | 160 | £3.0m |
| 31 Dec 2023 | £20.0m | ▼ -20.6% | -£208k | 189 | £3.4m |
| 31 Dec 2022 | £25.1m | — | -£527k | 253 | £3.6m |
| 1 Jan 2022 | — | — | — | — | £4.1m |
Latest available figures
Period ending 31 Dec 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £20.0m
- Gross profit
- £8.1m
- Operating profit
- -£234k
- Profit before tax
- -£208k
- Profit after tax
- -£208k
Balance sheet
- Total assets
- £6.0m
- Cash
- £83k
- Total liabilities
- £3.0m
- Net assets
- £3.0m
- Revenue per employee
- Not available
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