Leeds-headquartered law firm Gordons saw a nine per cent increase in its net profit to £13.2m for the year ended 31 March 2025 whilst growing its annual revenues seven per cent to £23.8m during the same period.
These latest results mean the firm has achieved five consecutive years of growth with net profit and turnover rising by 60 per cent and 32 per cent respectively since 2020.
Due to Gordons’ performance, all staff received a payment equivalent to five per cent of their annual salary. The firm has also experienced a positive start to the first half of its latest financial year with turnover up eight per cent when compared to last April to September.
Gordons’ revenue growth for the year ended 31 March 2025 was a result of additional instructions from established clients, and new business wins in the retail and technology sectors. In particular, the firm’s commercial practice saw its annual overall turnover rise by twelve per cent.
Gordons’ clients include retailers AO, Iceland Foods, Morrisons, Ocado Retail and Wren Kitchens as well as drinks company Molson Coors and parcel delivery business Evri.
Gordons managing partner, Victoria Davey, said: “Our financial performance is a direct result of the strength and depth of the trusted relationships we build with our clients. These relationships, along with our distinctive values and entrepreneurial culture, provide the foundations for our ongoing growth.
“It is a winning formula that continues to drive further success for the firm and our clients, as evidenced by our positive start to the first half of this financial year.”
