One of the country’s biggest consumer law firms made a loss of £5 million last year but has since acquired two other practices in seven-figure deals.

Financial statements for Simpson Millar LLP, which has seven offices across England and Wales, show that the firm reduced its losses from £9m in 2024 to £4.93m in calendar 2025. Turnover increased by 11.5% to £24.6m.

As at 31 December, the business was running with net liabilities of £41.8m – up from £36.9m – with amounts owed within one year standing at £88m.

The LLP’s immediate parent company is Doorway Holdings Limited and ultimate parent company is Doorway 4 Law Limited, which is a specialist equity provider to the legal sector. Both companies have committed funding to support the business and its requirements: in 2018, the LLP entered into a £25m, five-year loan agreement with Doorway 4 Law Limited, which was extended during 2023 to £32m with a deferral on the maturation of the loan with no set repayment date.

The business has initiated costs savings in recent years: in 2022 it exited certain private client markets in the short term to focus on its public and inquiry markets. Most cases in this area are now concluded and the principle business is now the personal injury market, including clinical negligence, holiday sickness, industrial disease and road traffic accidents.

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During 2025, the LLP continued with its investment in marketing to rebuild its case stocks. But headcount was reduced by 18% to 294 during the year, with 18 fee earners cut along with 46 administrative staff.

In 2024, Simpson Millar acquired the trade and assets of Southampton-based NHLEX Limited (Novum) for an initial £266,000 in cash. A further £1.2m was paid subject to performance. 

The acquisition activity has continued over the summer just gone. In June, the Simpson Millar group bought the trade and assets of Fife PI Limited, based on the Wirral, from Forster Dean, for £750,000 in cash and a further performance-related payment of £669,000.

In July, the company acquired the personal injury practice of Manchester-based Clear Law Limited, for £900,000 in cash. A further contingent payment of £1.85m was agreed.