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Company No. 02391370 · Incorporated 2 Jun 1989

Iguzzini Illuminazione U.K. Limited

Registered name: IGUZZINI ILLUMINAZIONE U.K. LIMITED

Part of Fagerhult Group Ab group

Iguzzini Illuminazione U.K. Limited made £16.3m revenue and £1.4m profit in the year to 31 Dec 2023. read from filing text

Iguzzini Illuminazione U.K. Limited’s revenue fell 9% to £16.3m in the year to 31 Dec 2023, with £1.4m profit and 46 employees. The company is classified under “electrical installation” and is based in London; we hold 2 years of its filed accounts.

Status
Active
Location
London, London
Age
37 yrs · since 1989
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. From the filing: “The immediate parent undertaking is iGuzzini Illuminazione S.p.A, a company incorporated in Italy.”

Latest accounts · year to 31 Dec 2023

Key figures

Boring industry
Revenue
£16.3m
Growth ▼9.1%
Profit
£1.4m
Growth ▼8.6%
Profit margin
8.5%
Gross 32.5%
Employees
46
Change ▲7%
Profit / employee
£30k
Revenue/employee £355k
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 to31 Dec 202231 Dec 2023
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£18m£16.3m
Cost of sales£12.4m£11m
Gross profit£5.6m£5.3m
Operating profit£1.3m£873k
Profit before tax£1.5m£1.4m
Profit (best available)£1.5m£1.4m
Staff costs—£2.8m
Employees (average)4346
Ratios
Profit margin8.4%8.5%
Gross margin30.9%32.5%
Revenue per employee£418k£355k
Profit per employee£35.1k£30k
Growth (year on year)
Revenue growth—▼9.1%
Profit growth—▼8.6%
Headcount growth—▲7%
Balance sheet — indirect signals, not revenue
Cash at bank£47.5k£58k
Net assets£12.6m£13.6m
Debtors£2.9m£2.7m
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024
Derived from the latest filing

How the business works

Profit margin
8.5%
Profit ÷ revenue.
Gross margin
32.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£355k
Revenue ÷ average employees.
Profit per employee
£30k
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
16.6%
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
▲8%
Now £13.6m
Cash at bank
▲22%
Now £58k
Headcount
▲7%
Now 46
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Fagerhult Group Ab (registered outside the UK register)ultimate parent75–100%
  2. Iguzzini Illuminazione U.K. Limitedthis company

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

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1.4m), from the Companies House accounts bulk data published Jun 2024. 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.