John Lewis PLC
Registered name: JOHN LEWIS PLC
Part of John Lewis Partnership PLC groupJohn Lewis PLC made £11.7bn revenue and a £40m loss in the year to 31 Jan 2026.
John Lewis PLC’s revenue grew 5% to £11.7bn in the year to 31 Jan 2026, with a loss of £40m. The company is classified under “other retail sale in non-specialised stores” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 98 yrs · since 1928
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 | 25 Jan 2024 | 25 Jan 2025 | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.8bn | £11.1bn | £11.1bn | £11.7bn |
| Cost of sales | −£7.4bn | −£7.5bn | −£7.5bn | −£8bn |
| Gross profit | £3.4bn | £3.6bn | £3.6bn | £3.7bn |
| Operating profit | £150m | £197m | £197m | £88m |
| Profit before tax | £59m | £98m | £98m | −£18m |
| Profit after tax | £44m | £82m | £82m | −£40m |
| Profit (best available) | £44m | £82m | £82m | −£40m |
| Employees (average) | — | — | — | — |
| Ratios | ||||
| Profit margin | 0.4% | 0.7% | 0.7% | −0.3% |
| Gross margin | 31.4% | 32.1% | 32.1% | 31.8% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲3.1% | — | ▲5.5% |
| Profit growth | — | ▲86.4% | — | ▼148.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data May 2025 | Accounts · bulk data May 2025 | Accounts · bulk data May 2026 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- −0.3%
- Profit ÷ revenue.
- Gross margin
- 31.8%
- 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
- John Lewis Partnership PLCultimate parent75–100%
- John Lewis Partnership Trust Limited75–100%
- John Lewis Partnership PLC75–100%
- John Lewis PLCthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (13)
- Buy.com LimitedFigures not disclosed
- Herbert Parkinson LimitedFigures not disclosed
- JLP Scotland LimitedFigures not disclosed
- John Lewis Car Finance LimitedFigures not disclosed
- John Lewis Finance LimitedFigures not disclosed
- John Lewis International LimitedFigures not disclosed
- John Lewis Properties PLCFigures not disclosed
- John Lewis PT Holdings LimitedFigures not disclosed
- Jonelle Jewellery LimitedFigures not disclosed
- Jonelle LimitedFigures not disclosed
- Peter Jones LimitedFigures not disclosed
- The Odney Estate LimitedFigures not disclosed
- Waitrose LimitedFigures not disclosed
Sister companies (2)
- John Lewis Partnership BTR LimitedFigures not disclosed
- John Lewis Partnership Trust LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from accounts for the year to 31 Jan 2026 (profit −£40m), from the Companies House accounts bulk data published May 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.