John Lewis Partnership PLC
Registered name: JOHN LEWIS PARTNERSHIP PLC
Part of John Lewis Partnership PLC groupJohn Lewis Partnership PLC made £11.7bn revenue and a £43m loss in the year to 31 Jan 2026.
John Lewis Partnership PLC’s revenue grew 5% to £11.7bn in the year to 31 Jan 2026, with a loss of £43m. The company is classified under “activities of head offices” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 97 yrs · since 1929
- 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 | 31 Jan 2024 | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £10.8bn | £11.1bn | £11.7bn |
| Cost of sales | −£7.4bn | −£7.5bn | −£8bn |
| Gross profit | £3.4bn | £3.6bn | £3.7bn |
| Operating profit | £147m | £196m | £85m |
| Profit before tax | £56m | £97m | −£21m |
| Profit after tax | £41m | £80m | −£43m |
| Profit (best available) | £41m | £80m | −£43m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 0.4% | 0.7% | −0.4% |
| Gross margin | 31.4% | 32.1% | 31.8% |
| Growth (year on year) | |||
| Revenue growth | — | ▲3.1% | ▲5.5% |
| Profit growth | — | ▲95.1% | ▼153.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data May 2025 | Accounts · bulk data May 2025 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- −0.4%
- 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 PLCthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- John Lewis PLCRev. £11.7bn · Profit −£40m
- John Lewis Partnership BTR LimitedFigures not disclosed
- John Lewis Partnership Trust LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Jan 2026 (profit −£43m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.