National firm Slater and Gordon says it has built a ‘strong platform’ after taking a small profit drop while it invested in the future. Accounts filed this week for calendar 2025 show pre-tax profit down by 38% to £4.3 million, on revenue up 54% to almost £108m.
In its accompanying report the firm said the profit fall reflected investment made during the year in infrastructure and technology, together with inflationary cost pressures including the increase in employers’ National Insurance contributions.
The accounts also recognise a deferred tax credit of £13.9m, taking post-tax profits to £18.2m. Net assets rose from £30m to £48m and the firm reported cash reserves of almost £6m.
The business recorded double-digit increases in new multi-track and intermediate-track cases and a ‘significant’ number of new clients seeking redress for car finance mis-selling. The group also worked towards reinforcing its balance sheet, raising £40m of new equity (of which £10m was raised in May 2026) and completing a refinancing, through a £30m three-year facility with litigation funder Harbour.
Nils Stoesser, chief executive of Slater and Gordon, said: ‘These results demonstrate the strength of our strategy and the significant progress we’ve made in positioning the business to serve our clients. The increase in revenue reflects the scale of our investment, demand for our expertise and our focus on areas where we can offer our clients a differentiated service.'
Stoesser said the investment 'provides us a strong platform from which to ensure we can support our growth, resulting in robust bottom line financial performance.’
As at the end of the year, the firm had 824 staff, of which 406 were fee earners. It operates from 11 offices across England, Wales and Scotland.
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