MSB SOLICITORS LIMITED
Get an alert when MSB SOLICITORS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£469K
+79% vs 2024
Net assets
£2.8M
-11.9% vs 2024
Employees
196
+3.2% vs 2024
Profit before tax
£773K
-54.7% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £10,224,415 | £10,987,614 | +7.5% | |
| Operating profit | £962,267 | £252,177 | -73.8% | |
| Profit before tax | £1,705,491 | £772,527 | -54.7% | |
| Net profit | £1,193,959 | £475,222 | -60.2% | |
| Cash | £261,880 | £468,643 | +79% | |
| Total assets less current liabilities | £3,998,521 | £3,503,684 | -12.4% | |
| Net assets | £3,167,724 | £2,792,093 | -11.9% | |
| Equity | £3,167,724 | £2,792,093 | -11.9% | |
| Average employees | 190 | 196 | +3.2% | |
| Wages | £5,138,625 | £5,731,358 | +11.5% | |
| Directors' remuneration | £125,954 | £149,390 | +18.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-02-29 | 2025-02-28 |
|---|---|---|---|
| Operating margin | 9.4% | 2.3% | |
| Net margin | 11.7% | 4.3% | |
| Return on capital employed | 24.1% | 7.2% | |
| Gearing (liabilities / total assets) | 47.7% | 50.0% | |
| Current ratio | 1.87x | 1.80x | |
| Interest cover | 44.86x | 7.08x |
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
- Standalone (parent only)
- Auditor
- DSG Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- MSB SOLICITORS LIMITED · parent
- Simply Social Housing Limited 100%
Significant events
- “The firm's collective net profitability declined in 2024/2025 due to investment in our support infrastructure by building our Accounts Team; IT Team; Education and Training Team and due to the recruitment of some Senior Staff whose fee generation would not impact for 12-18 months.”
- “Partnership at MSB is currently 17 Partners. 2024/2025 saw the departure of Paula Mansfield and Phillip Coburn. A new Partner, Gemma Kelsey was brought into our Birmingham team and we have just recruited internally for Partners and appointed 7 new Partners who will take up their new positions on 1st September 2025.”
- “We have grown organically as a firm and will continue to do so. We have recruited this year 9 trainees and the firm currently has a total of 17 trainees. 7 new trainees will start in Sep 25/Jan 26. We have promoted 4 people to Associate and 7 new Partners.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARMSTRONG, Bradley | Director | 2021-03-01 | May 1982 | British |
| CAREY, Emma Lee | Director | 2019-04-01 | Oct 1970 | British |
| DALTON, Joanne | Director | 2019-12-12 | May 1971 | British |
| FORMAN, Mark Adrian | Director | 2019-11-15 | Apr 1970 | British |
| KELLY, Neil Anthony | Director | 2019-11-15 | Jun 1961 | British |
| MURPHY, Louise Susan | Director | 2026-03-01 | Aug 1983 | British |
| PALMER, Emma | Director | 2019-12-12 | Jul 1985 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| QUIRK, Tracey Anne | Director | 2019-11-15 | 2021-12-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ms Emma Lee Carey | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-04-01 | Ceased 2020-01-30 |
Filing timeline
Last 20 of 65 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-19 RESOLUTIONS Resolution
- 2025-05-19 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-22 | CH01 | officers | Change person director company with change date | |
| 2026-04-22 | CH01 | officers | Change person director company with change date | |
| 2026-04-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-28 | SH06 | capital | Capital cancellation shares | |
| 2026-02-28 | SH06 | capital | Capital cancellation shares | |
| 2026-02-28 | SH06 | capital | Capital cancellation shares | |
| 2026-02-28 | SH06 | capital | Capital cancellation shares | |
| 2026-02-28 | SH03 | capital | Capital return purchase own shares | |
| 2026-02-28 | SH03 | capital | Capital return purchase own shares | |
| 2026-02-28 | SH03 | capital | Capital return purchase own shares | |
| 2026-02-28 | SH03 | capital | Capital return purchase own shares | |
| 2025-11-28 | AA | accounts | Accounts with accounts type full | |
| 2025-05-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-19 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-19 | MA | incorporation | Memorandum articles | |
| 2025-05-19 | SH08 | capital | Capital name of class of shares | |
| 2025-05-19 | SH08 | capital | Capital name of class of shares | |
| 2025-01-06 | SH03 | capital | Capital return purchase own shares | |
| 2024-11-29 | AA | accounts | Accounts with accounts type full | |
| 2024-05-16 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 11
- 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.