Knights Group AIM:KGH
- Founded
- 1759 · Newcastle-under-Lyme, England
- Incorporated
- United Kingdom
- Chief executive
- David Beech (DA Beech)
- Employees
- 1,663
- Reports in
- GBP
- Companies House
- 11290101
Regional legal and professional services group consolidating law firms outside London, offering corporate, commercial, real estate and private client services from offices across UK regional cities. Converted from a traditional partnership to a corporate model and grew rapidly through acquisitions.
Read straight from the annual reports
169p at close on 2 Oct 2026 · 9 reported years, 2018–2026
| Line | FY201804/18 | FY201904/19 | FY202004/20 | FY202104/21 | FY202204/22 | FY202304/23 | FY202404/24 | FY202504/25 | FY202604/26 | FY2027unreported |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Operating profit | ||||||||||
| Adjusted operating profit | — | vs 25.2 | ||||||||
| Exceptional items | vs 6.5 | |||||||||
| Net finance cost | vs 3.8 | |||||||||
| Profit before tax | ||||||||||
| Adjusted profit before tax | ||||||||||
| Tax charge | ||||||||||
| Profit for the year | ||||||||||
| EBITDA | ||||||||||
| Adjusted minus statutory PBT | ||||||||||
| Basic EPS | ||||||||||
| Diluted EPS | ||||||||||
| Adjusted EPS | ||||||||||
| Dividend per share |
GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
9 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
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Organic growth in fee-earner productivity, pricing and recruitment of premium client work
Organic growth accelerated from 2.6% in H1 to 11.8% in H2, giving 7.1% organic growth for the year, driven by recruitment of high-calibre partners and pricing/productivity gains; particularly strong growth in private individual and the Integrar volume remortgage business
page 51Acquisitions
Of the £45.7m total revenue increase, £18.6m related to acquisitions completed in the year and £16.5m reflected the full-year impact of acquisitions completed in FY25
page 51Increased payroll taxes (employer NIC)
Higher employer national insurance contributions reduced EBITDA margin by 0.9pts
page 51Reduction in client interest income as a % of revenue (lower interest rates)
Reduced interest received on client monies as a percentage of revenue reduced margin by 0.8pts
page 51"Our continued excellent management of cash and the extension of our banking facilities give us a strong balance sheet with sufficient headroom to facilitate our future growth." (CFO Kate Lewis, Financial review summary)
page 56On 3 July 2026 the Group renewed its revolving credit facility with HSBC UK, NatWest and AIB (GB), increasing available facilities to £159m (from £100m), committed until 3 July 2029, interest at a margin of 1.65%-2.65% above SONIA depending on leverage
page 139Progressive dividend policy, reflecting improved underlying performance balanced with reinvestment of profit to support future growth; FY26 proposed final dividend of 3.69p per share plus interim of 1.94p per share gives a total of 5.63p (FY25: 4.81p), a 17% increase
page 52Unqualified audit opinion from RSM UK Audit LLP (Senior Statutory Auditor Graham Bond FCA); one key audit matter for the Group - revenue recognition and contract assets (none for the parent company); Group overall materiality £1,520,000 (4.6% of underlying PBT). Auditor concluded the going concern basis is appropriate, with no material uncertainty identified for at least 12 months from approval
page 86- Professional liability and uninsured risks - claims for negligence, regulatory breach or similar third-party actionsp.58
- Regulatory and compliance risk - operating in a highly regulated sector (SRA, ICO, FCA, AIM), non-lawyer shareholding restrictions under the Legal Services Act 2007p.58
- Operational financial risk - incomplete time recording, incorrect valuation of unbilled revenue, failure to recover client debts, breach of banking covenantsp.58
- Employee risk - dependency on attracting and retaining skilled professionals and an experienced leadership teamp.58
Read from C000747-AR-2026-ch.
8 annual reports read, FY2019 to FY2026
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (8)
FY2027Next report expected 14 Jul 2027