Lucy Group Ltd
Registered name: LUCY GROUP LTD
Part of W.L. Shareholding Company Limited groupLucy Group Ltd made £422m revenue and £46.1m profit in the year to 31 Dec 2025.
Lucy Group Ltd’s revenue grew 3% to £422m in the year to 31 Dec 2025, with £46.1m profit. The company is classified under “manufacture of electricity distribution and control apparatus” and is based in Oxford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Oxford, South East
- Age
- 129 yrs · since 1897
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £359m | £409m | £422m |
| Cost of sales | −£243m | −£267m | −£304m |
| Gross profit | £116m | £143m | £118m |
| Operating profit | £59.9m | £83.2m | £52.6m |
| Profit before tax | £59.5m | £85.2m | £55.6m |
| Profit after tax | £40.5m | £71.9m | £46.1m |
| Profit (best available) | £40.5m | £71.9m | £46.1m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 11.3% | 17.6% | 10.9% |
| Gross margin | 32.2% | 34.9% | 28% |
| Growth (year on year) | |||
| Revenue growth | — | ▲14% | ▲3% |
| Profit growth | — | ▲77.5% | ▼35.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 10.9%
- Profit ÷ revenue.
- Gross margin
- 28%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- W.L. Shareholding Company Limitedultimate parent50–75%
- Lucy Group Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (22)
- Blakley Electrics LimitedRev. £23.5m · Profit £2m
- Alexander Court (Church Farm) Management Company LtdFigures not disclosed
- Bishop’s Field (Tingewick) Management Co LimitedFigures not disclosed
- Iron Works Investments LimitedFigures not disclosed
- Jubilee Mews Residents' Management Company LimitedFigures not disclosed
- Lawson Fuses LimitedFigures not disclosed
- Lucy Developments LimitedFigures not disclosed
- Lucy Electric (Ems) LimitedFigures not disclosed
- Lucy Electric Digital Solutions LimitedFigures not disclosed
- Lucy Electric Energy Services LimitedFigures not disclosed
- Lucy Electric Ev Infrastructure LimitedFigures not disclosed
- Lucy Electric UK LimitedFigures not disclosed
- Lucy Zodion LimitedFigures not disclosed
- Manor Farm Henton Management Company LimitedFigures not disclosed
- Moorings Close Management Company LtdFigures not disclosed
- Power Connectors LimitedFigures not disclosed
- Power Isolators LimitedFigures not disclosed
- SPH Management Company LimitedFigures not disclosed
- The Paddocks Cublington Management Company LimitedFigures not disclosed
- The Rickyard (Marsh Baldon) Management Company LimitedFigures not disclosed
- Tofco CPP LimitedFigures not disclosed
- W. Lucy & Co. LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £46.1m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.