How much does Blakley Electrics Limited make?

Blakley Electrics Limited reported revenue of £23.5m and £2m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Blakley Electrics Limited have?

Blakley Electrics Limited reported an average of 98 employees in the year to 31 Dec 2024.

Is Blakley Electrics Limited profitable?

Yes — Blakley Electrics Limited reported a profit of £2m in the year to 31 Dec 2024.

Company No. 00592238 · Incorporated 21 Oct 1957

Blakley Electrics Limited

Registered name: BLAKLEY ELECTRICS LIMITED

Part of W.L. Shareholding Company Limited group

Blakley Electrics Limited made £23.5m revenue and £2m profit in the year to 31 Dec 2024.

Blakley Electrics Limited’s revenue grew 23% to £23.5m in the year to 31 Dec 2024, with £2m profit and 98 employees. The company is classified under “manufacture of electricity distribution and control apparatus” and is based in Oxford; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 27120Manufacture of electricity distribution and control apparatus

Status: Active
Location: Oxford, South East
Age: 68 yrs · since 1957
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.

Latest accounts · year to 31 Dec 2024

Key figures

Operating leverageCash flow filed

Revenue

£23.5m

Growth ▲23.1%

Profit

£2m

Growth ▲74.2%

Profit margin

8.3%

Gross 37.1%

Employees

Change ▲2.1%

Profit / employee

£20k

Revenue/employee £240k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£19.1m	£23.5m
Cost of sales	£12.3m	£14.8m
Gross profit	£6.8m	£8.7m
Operating profit	£1.2m	£2.3m
Profit before tax	£1.4m	£2.6m
Profit after tax	£1.1m	£2m
Profit (best available)	£1.1m	£2m
Staff costs	£6.1m	£7.1m
Employees (average)	96	98
Ratios
Profit margin	5.9%	8.3%
Gross margin	35.6%	37.1%
Revenue per employee	£199k	£240k
Profit per employee	£11.7k	£20k
Cash conversion	111%	107.9%
Growth (year on year)
Revenue growth	—	▲23.1%
Profit growth	—	▲74.2%
Headcount growth	—	▲2.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£9m	£9.3m
Net assets	£12.4m	£15.7m
Fixed assets	£2.7m	£6.4m
Current assets	£16.1m	£17.2m
Debtors	£2.6m	£3.6m
Deferred income	£1.6m	£1.7m
Cash from operations	£1.3m	£2.5m
Source	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: 8.3%; Profit ÷ revenue.
Gross margin: 37.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £240k; Revenue ÷ average employees.
Profit per employee: £20k; Profit ÷ average employees.
Cash conversion: 107.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 27%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.2%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲27%; Now £15.7m
Cash at bank: ▲3%; Now £9.3m
Headcount: ▲2%; Now 98
Deferred income: ▲6%; Now £1.7m
Fixed assets: ▲139%; Now £6.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

W.L. Shareholding Company Limitedultimate parent50–75%
Lucy Group Ltd75–100%
Blakley Electrics Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (21)

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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £2m), from the Companies House accounts bulk data published May 2025. 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.