SOLICITORS REGULATION AUTHORITY LIMITED
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Next accounts due
2027-07-31 (in 1y)
Last filed for 2025-10-31
Confirmation statement due
2026-05-31 (this month)
Last made up 2025-05-17
Watchouts
None on the register
Cash
£139M
+26.5% vs 2024
Net assets
£47M
+1.3% vs 2024
Employees
874
+11.6% vs 2024
Profit before tax
-£1M
-123.8% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-10-31
| Metric | Trend | 2024-10-31 | 2025-10-31 |
|---|---|---|---|
| Turnover | £129,637,000 | £144,340,000 | |
| Operating profit | £2,765,000 | -£5,328,000 | |
| Profit before tax | £5,266,000 | -£1,253,000 | |
| Net profit | £4,583,000 | -£1,892,000 | |
| Cash | £110,189,000 | £139,412,000 | |
| Total assets less current liabilities | £71,982,000 | £73,328,000 | |
| Net assets | £46,326,000 | £46,937,000 | |
| Equity | £46,326,000 | £46,937,000 | |
| Average employees | 783 | 874 | |
| Wages | £37,969,000 | £43,138,000 |
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 | 2024-10-31 | 2025-10-31 |
|---|---|---|---|
| Operating margin | 2.1% | -3.7% | |
| Net margin | 3.5% | -1.3% | |
| Return on capital employed | 3.8% | -7.3% | |
| Current ratio | 1.26x | 1.18x |
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
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board believes that, while uncertainty exists, this does not pose a material uncertainty that would cast doubt on the Group's ability to continue as a going concern. The Board, therefore, considers it appropriate for the consolidated accounts to be prepared on a going concern basis.”
Significant events
- “This was also the year in which we authorised the first AI driven legal firm.”
- “In 2024/25, we paid out £47.4m from the SRA Compensation Fund, compared to £27.9m paid out in 2023/24.”
- “In October 2025, the government announced that the Financial Conduct Authority (FCA) will become the single professional services supervisor for AML and counter-terrorism financing.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BASSETT, Claire | Director | 2023-01-01 | Jan 1974 | British |
| BRADLEY, Anna | Director | 2020-05-18 | Jul 1957 | British |
| HARRISON, Ann Elizabeth | Director | 2021-04-23 | Dec 1956 | British |
| MAYHEW, Lisa Jane | Director | 2022-01-01 | Feb 1970 | British |
| MCIVOR, Sarah | Director | 2026-05-01 | Jun 1967 | British |
| MCWILLIAM, Robert Gerard | Director | 2023-03-01 | May 1969 | British |
| MILLHOUSE, Simon | Director | 2025-01-01 | Nov 1968 | British |
| POLLACK, Claudio Alejandro | Director | 2025-01-01 | Jul 1971 | British,Chilean |
| SHAH, Vikas Sagar, Dr | Director | 2021-04-23 | Jan 1981 | British |
| SMART, Elizabeth Helen | Director | 2021-04-23 | Sep 1968 | British |
| WILLIAMS, Nicola Redfern | Director | 2022-09-01 | Mar 1972 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HEATH, David William St John | Director | 2020-05-18 | 2020-11-19 |
| HIGSON, Peter John Priddle, Dr | Director | 2020-05-18 | 2021-12-31 |
| LOFT, Paul Beverley | Director | 2020-05-18 | 2024-12-31 |
| MATTHEWS, Barry | Director | 2020-05-18 | 2021-12-31 |
| NICHOLAS, Geoffrey | Director | 2020-05-18 | 2021-12-31 |
| NOLAN, Dermot | Director | 2021-04-23 | 2022-08-12 |
| ULLAH, Selina | Director | 2020-05-18 | 2024-12-31 |
| WILLIAMS, Elaine | Director | 2020-05-18 | 2020-11-19 |
| WILLIAMS, Tony | Director | 2020-05-18 | 2022-08-31 |
| WILLIS, David Arthur | Director | 2020-05-18 | 2020-11-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Law Society | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-05-18 | Active |
Filing timeline
Last 20 of 43 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-11 | AA | accounts | Accounts with accounts type group | |
| 2026-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-14 | CH01 | officers | Change person director company with change date | |
| 2025-09-23 | CH01 | officers | Change person director company with change date | |
| 2025-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-23 | AA | accounts | Accounts with accounts type group | |
| 2025-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-13 | AA | accounts | Accounts with accounts type group | |
| 2024-06-04 | CH01 | officers | Change person director company with change date | |
| 2024-06-04 | CH01 | officers | Change person director company with change date | |
| 2024-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-11 | AA | accounts | Accounts with accounts type full | |
| 2023-03-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-07 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- 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 2025-10-31 vs 2024-10-31
-
Turnover
+11.3%
£129,637,000 £144,340,000
-
Cash
+26.5%
£110,189,000 £139,412,000
-
Net assets
+1.3%
£46,326,000 £46,937,000
-
Employees
+11.6%
783 874
-
Operating profit
-292.7%
£2,765,000 -£5,328,000
-
Profit before tax
-123.8%
£5,266,000 -£1,253,000
-
Wages
+13.6%
£37,969,000 £43,138,000
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