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Full year results for the year ended 30 April 2023

By kav

Knights, a fast-growing legal and professional services business in the UK, today announces its full year results for the year ended 30 April 2023 Strong financial performance and profitability Revenue increased by 13.1% to £142.1m (FY22: £125.6m) Gross margin of 48.5% (FY22: 49.3%) Underlying PBT  up 19.1% to £21.6m (FY22: £18.1m); underlying PBT margin increased to…

Knights set for further growth after arriving in Newcastle upon Tyne

By kav

Professional services business Knights has welcomed 23 new colleagues after completing the acquisition of a full-service law firm in Newcastle upon Tyne. St James’ Square strengthens Knights’ North East presence Founded in 2016, St James’ Square has clients across all areas of corporate and commercial law and has built a strong reputation across the North…

Knights set for further growth after arriving in Carlisle and Lancaster

By kav

Professional services business Knights has welcomed 28 new colleagues in Carlisle and Lancaster after completing the acquisition of a leading commercial law firm in the North West. Baines Wilson strengthens Knights’ North West presence Founded in 1999, Baines Wilson LLP has established a reputation across the North West with legal experts in Commercial, Corporate, Dispute…

Knights enters Carlisle and Lancaster with acquisition of Baines Wilson

By kav

Knights, the listed legal and professional services business, has agreed to acquire Baines Wilson an independent law firm based in Carlisle and Lancaster. Baines Wilson acquisition expands Knights’ presence in the North West Founded in 1999, Baines Wilson serves the Cumbrian and North Lancashire markets and has grown into one of the leading commercial law…

Year of growth ahead: trading update for the year ended 30 April 2023

By kav

Knights today provides a trading update for the year ended 30 April 2023. The Group anticipates full year revenue of c.£142m, up by 13% compared to the prior year (2022: £125.6m), with underlying PBT anticipated to be c. £21.5m, a 19% increase on the prior year (2022: £18.1m). Strong financial performance and cash discipline Market leading…

Knights arrives in Bristol with completion of latest acquisition

By kav

Knights has completed the acquisition of Meade King LLP, a long-established independent law firm in Bristol. Meade King strengthens Knights’ presence in the South West The acquisition sees Knights expand its nationwide presence and strengthen its position in the South West alongside existing offices in Cheltenham and Exeter. Twenty-seven professionals have joined Knights from Meade…

Half year results for the six months ended 31 October 2022

By kav

Knights today announces its half year results for the six months ended 31 October 2022. Strong revenue growth and profitability Revenue increased by 19% to £71.2m (HY 2022: £59.7m) Underlying Profit Before Tax up 19% to £9.0m (HY 2022: £7.6m); underlying PBT margin of 12.6% (HY 2022: 12.6%) Basic underlying Earnings Per Share increased to 8.26p…

Knights enters Bristol with acquisition of Meade King

By amber

Knights, the listed legal and professional services business, has agreed to acquire Meade King, a long-established independent law firm in Bristol. Tracing its origins to 1790, Meade King is an independent law firm serving Bristol and the South West market. Meade King acquisition marks Knights’ entry into Bristol The firm has a strong corporate and…

Trading update for the six months ended 31 October 2022

By kav

Knights today provides a trading update for the half year ended 31 October 2022. Highlights include: Revenue up by 18% to £71m (H1 22: £60m) Underlying Profit Before Tax (PBT) of c.£9.0m, up 18% (H1 22: £7.6m), with margin maintained at 12.6% (H1 22: 12.6%) Continued focus by management on lock up, resulting in net…