Legal and professional services firm Knights reported a rise in revenue and profits in its latest financial year.
The business based in Newcastle-under-Lyme saw annual revenue increase by eight per cent to £162 million the year to 30 April 2025, and profit was up 11 per cent to £28 million.
The year saw a number of acquisitions made including its largest one to date, taking over Essex-based Birkett Long to strengthen its presence in the South East.
There was also an increase in the number of senior hires over the year with 51 senior fee-earners joining the team – up from 40 in the previous year – and taking its number of employees to 1,350 across 32 locations nationwide.
CEO David Beech said: “Our proven strategy continues to deliver, as shown by our double-digit profit growth and enhanced margins during the year, despite ongoing macroeconomic challenges.
“This has been a year of step changes for the business, with strategic progress and a strengthened leadership team embedding enhanced operational discipline – all underpinning the Group’s platform for future growth. From our Staffordshire hub, we have built strong recruitment momentum and reduced churn, while advancing our value-accretive acquisition strategy – including our largest acquisition in the second half – and continuing to win new clients.
“We have started the current financial year in line with our expectations and are well position to seize the opportunities presented by the structural trends in our industry. We are now benefitting from increased recognition of our differentiated proposition as a leading brand, which combines national scale and premium services with local presence and relationships.
“We expect growth in FY26 to be supported by the momentum we have seen building through attracting and retaining high calibre professionals and clients, complimented by building on our strong acquisition tract record, with an encouraging current pipeline of opportunities under consideration. We, therefore, continue our focus on delivering profitable growth through the year and in the medium-term, as we building and extend our services across the UK.”
