National legal and professional services business, Knights, has published a financial update that shows a strong performance in the first half the year.
Knights anticipates revenue for the six months to 31 October 2025 to be £103.2m - a 30% increase on the prior year (H1 FY25: £79.4m), with a 12% increase in underlying profit before tax of £16.4m (H1 FY25: £14.6m).
Those figures include a return to organic growth of c.3% in the first six months of the year during which, Knights also grew significantly through acquisition, with expansion across the South East and the launch of a new office in Cardiff.
In addition to rising revenue and profit, Knights has maintained strong working capital discipline, with reduced debtor days of 32 as at 31 October 2025 (compared with 33 days in H1 FY25), providing robust underlying cash generation in the period.
Furthermore, 46 experienced professionals (H1 FY25: 43) have joined, or committed to join, Knights,, during the first half of the financial year, endorsing the business’ attractive reputation for its collaborative, supportive culture.
David Beech, CEO of Knights, said:
“The Group delivered a strong first-half results, achieving 30% revenue growth and a return to organic expansion. Recent acquisitions have been integrated seamlessly, supported by continued financial discipline and robust cash generation.
Looking ahead, the second half is set to benefit from recent experienced hires and full contributions of acquisitions, keeping us firmly on track to meet investor expectations.
With an expanded management team and a solid platform in place, we are well-positioned to drive the business forward and sustain growth beyond this year.”