Eley Limited
Registered name: ELEY LIMITED
Part of Lunovi Llc groupEley Limited made £17.5m revenue and a £16.2m loss in the year to 31 Dec 2025.
Eley Limited’s revenue fell 1% to £17.5m in the year to 31 Dec 2025, with a loss of £16.2m and 98 employees. The company is classified under “manufacture of explosives” and is based in Minworth Sutton Coldfield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Minworth Sutton Coldfield, West Midlands
- Age
- 44 yrs · since 1982
- 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 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £14.1m | £16.1m | £17.7m | £17.5m |
| Cost of sales | £6.9m | £7.6m | £8.9m | £9.7m |
| Gross profit | £7.2m | £8.5m | £8.8m | £7.8m |
| Operating profit | £2.4m | £3.1m | £2.7m | £1.9m |
| Profit before tax | £2.4m | £3.1m | £2.7m | −£15.9m |
| Profit after tax | £2.4m | £3m | £2.1m | −£16.2m |
| Profit (best available) | £2.4m | £3m | £2.1m | −£16.2m |
| Staff costs | £4.3m | £4.7m | £4.9m | £5.3m |
| Employees (average) | 94 | 95 | 98 | 98 |
| Ratios | ||||
| Profit margin | 17.3% | 18.6% | 11.8% | −92.8% |
| Gross margin | 50.8% | 52.9% | 49.7% | 44.8% |
| Revenue per employee | £150k | £170k | £181k | £179k |
| Profit per employee | £26k | £31.7k | £21.3k | −£166k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲14.2% | ▲9.7% | ▼1.1% |
| Profit growth | — | ▲23.2% | ▼30.6% | ▼878% |
| Headcount growth | — | ▲1.1% | ▲3.2% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £227k | £686k | £454k | £831k |
| Net assets | £18.5m | £21.5m | £23.6m | £7.3m |
| Fixed assets | £3.2m | £3.7m | £3.9m | £3.8m |
| Current assets | £17.9m | £20.2m | £23.5m | £6.7m |
| Debtors | £2.7m | £1.8m | £2.1m | £2.1m |
| Deferred income | £300k | £242k | £242k | £185k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −92.8%
- Profit ÷ revenue.
- Gross margin
- 44.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £179k
- Revenue ÷ average employees.
- Profit per employee
- −£166k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 21.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.9%
- 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
- ▼69%
- Now £7.3m
- Cash at bank
- ▲83%
- Now £831k
- Headcount
- 0%
- Now 98
- Deferred income
- ▼24%
- Now £185k
- Fixed assets
- ▼3%
- Now £3.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Lunovi Llc (registered outside the UK register)ultimate parent75–100%
- Lunovi Limited75–100%
- Eley Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Utm LimitedRev. £38.6m · Profit £6.6m
- Medovate LimitedRev. £1.7m · Profit −£25.7k
- Jeb Technologies LimitedFigures not disclosed
- Lunpro LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£16.2m), from the Companies House accounts bulk data published Sep 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.