KEYSTONE LAW LIMITED
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Next accounts due
2026-10-31 (in 5mo)
Last filed for 2025-01-31
Confirmation statement due
2027-02-12 (in 9mo)
Last made up 2026-01-29
Watchouts
None on the register
Cash
£10M
+15.8% vs 2024
Net assets
£3M
+8.4% vs 2024
Employees
82
+7.9% vs 2024
Profit before tax
£12M
+12% vs 2024
Name history
Renamed 2 times since incorporation
- KEYSTONE LAW LIMITED 2008-05-01 → present
- CONSULTANT LAWYERS DIRECT LIMITED 2004-04-06 → 2008-05-01
- LAWYERS DIRECT (UK) LIMITED 2003-01-29 → 2004-04-06
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-01-31
| Metric | Trend | 2024-01-31 | 2025-01-31 |
|---|---|---|---|
| Turnover | £87,930,626 | £97,703,149 | |
| Operating profit | £9,763,812 | £10,822,339 | |
| Profit before tax | £10,653,016 | £11,933,542 | |
| Net profit | £7,926,198 | £8,749,415 | |
| Cash | £8,367,072 | £9,687,172 | |
| Total assets less current liabilities | £5,688,928 | £5,708,805 | |
| Net assets | £2,753,117 | £2,983,194 | |
| Equity | £2,753,117 | £2,983,194 | |
| Average employees | 76 | 82 | |
| Wages | £5,049,463 | £5,674,063 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-01-31 | 2025-01-31 |
|---|---|---|---|
| Operating margin | 11.1% | 11.1% | |
| Net margin | 9.0% | 9.0% | |
| Return on capital employed | 171.6% | 189.6% | |
| Gearing (liabilities / total assets) | 92.4% | 92.7% | |
| Current ratio | 1.10x | 1.08x | |
| Interest cover | 14.22x | 12.66x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- UK adopted International Accounting Standards
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis as the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company is cash positive, has no debt, has a model which is strongly cash generative and has, to date, a strong trading performance.”
Group structure
- KEYSTONE LAW LIMITED · parent
- Keystone Law (Guernsey) Limited 100%
Significant events
- “This being a transition year we have had to pay not only 100% of the corporation tax relating to FY2025 but also the remaining half of the tax relating to the prior year meaning that there has been a one-off additional outflow of c.£1.5m as a result of this change.”
- “this we now regularly attract lawyers from the very top of the legal profession with over a quarter of the new Principals joining us this year coming from either the UK office of a large US law firm or a top 25 UK law firm”
- “this year we migrated from a private cloud to the public cloud as well as implemented a SIEM solution to provide enhanced security oversight”
- “Capital expenditure of £0.8m (2024: £0.07m) was higher than usual this year reflecting the costs of the office fit out in Chancery Lane.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LEGAL CLARITY LIMITED | Corporate Secretary | 2013-11-25 | — | — |
| KNIGHT, James David | Director | 2003-01-29 | Jan 1967 | British |
| MACHRAY, Mark Henry | Director | 2012-10-08 | Jun 1973 | British |
| MILLER, Ashley Rupert James Patrick | Director | 2015-02-24 | Aug 1972 | British |
| OLIVER, Kristina Lyndsey | Director | 2017-12-07 | Dec 1982 | British |
| ROBINS, William Geoffrey Michael | Director | 2009-03-30 | Dec 1977 | British |
| SEVERS, Fiona Margaret | Director | 2022-04-11 | Oct 1971 | British |
| TUNNEY, Maurice Richard | Director | 2017-12-07 | Nov 1973 | Irish,Zimbabwean |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KNIGHT, James David | Secretary | 2003-01-29 | 2004-01-16 |
| STRINGER, Charles Michael | Secretary | 2004-01-16 | 2013-11-25 |
| 1ST CERT FORMATIONS LTD | Corporate Nominee Secretary | 2003-01-29 | 2003-01-29 |
| STRINGER, Charles Michael | Director | 2013-11-25 | 2014-10-17 |
| STRINGER, Charles Michael | Director | 2003-01-29 | 2004-01-16 |
| 1ST CERT FORMATIONS LIMITED | Corporate Nominee Director | 2003-01-29 | 2003-01-29 |
| REPORTACTION LIMITED | Corporate Nominee Director | 2003-01-29 | 2003-01-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Keystone Law Group Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 109 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-05 | AA | accounts | Accounts with accounts type full | |
| 2025-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-29 | CH01 | officers | Change person director company with change date | |
| 2023-07-14 | AA | accounts | Accounts with accounts type full | |
| 2023-06-12 | CH01 | officers | Change person director company with change date | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-17 | AA | accounts | Accounts with accounts type full | |
| 2022-04-12 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-07-11 | AA | accounts | Accounts with accounts type full | |
| 2021-02-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-15 | AA | accounts | Accounts with accounts type full | |
| 2020-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-06-17 | AA | accounts | Accounts with accounts type full | |
| 2019-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-01-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2018-12-11 | CH04 | officers | Change corporate secretary company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-01-31 vs 2024-01-31
-
Turnover
+11.1%
£87,930,626 £97,703,149
-
Cash
+15.8%
£8,367,072 £9,687,172
-
Net assets
+8.4%
£2,753,117 £2,983,194
-
Employees
+7.9%
76 82
-
Operating profit
+10.8%
£9,763,812 £10,822,339
-
Profit before tax
+12%
£10,653,016 £11,933,542
-
Wages
+12.4%
£5,049,463 £5,674,063
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers