Lux Group Holdings Ltd
Registered name: LUX GROUP HOLDINGS LTD
Part of Sapphire Cabinetry (Uk) Llc groupLux Group Holdings Ltd made £21.4m revenue and £12.6m profit in the year to 31 Mar 2025. read from filing text
Lux Group Holdings Ltd’s revenue fell 26% to £21.4m in the year to 31 Mar 2025, with £12.6m profit and 80 employees. The company is classified under “manufacture of kitchen furniture” and is based in Devizes; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Devizes, South West
- Age
- 7 yrs · since 2018
- Type
- Private 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. From the filing: “The Company's immediate parent company is Sapphire 700 Limited, registered in the United Kingdom. Sapphire 700”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2020 | 31 Dec 2021 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £17.7m | £19.9m | £20.1m | £28.8m | £21.4m |
| Cost of sales | £10.9m | £16.7m | £21.5m | £12.6m | £10.4m |
| Gross profit | £6.8m | £3.2m | −£1.3m | £16.2m | £11m |
| Operating profit | −£4.1m | −£11.6m | −£23.4m | £4.6m | £4.8m |
| Profit before tax | −£4.1m | −£12.1m | −£23.9m | £4.5m | £4.7m |
| Profit after tax | −£4.1m | −£11.7m | −£23.9m | £4.9m | £12.6m |
| Profit (best available) | −£4.1m | −£11.7m | −£23.9m | £4.9m | £12.6m |
| Staff costs | £7m | £7.9m | £9.2m | £5.6m | £3.9m |
| Employees (average) | 189 | 175 | 172 | 128 | 80 |
| Ratios | |||||
| Profit margin | −23.2% | −58.7% | −118.9% | 17% | 58.8% |
| Gross margin | 38.4% | 15.8% | −6.6% | 56.3% | 51.4% |
| Revenue per employee | £93.6k | £114k | £117k | £225k | £267k |
| Profit per employee | −£21.7k | −£66.7k | −£139k | £38.2k | £157k |
| Cash conversion | — | — | — | −59.4% | 56.5% |
| Growth (year on year) | |||||
| Revenue growth | — | ▲12.4% | — | — | ▼25.8% |
| Profit growth | — | — | — | — | ▲157.2% |
| Headcount growth | — | ▼7.4% | — | — | ▼37.5% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £1.2m | £1m | £1.2m | £120k | £614k |
| Net assets | −£281k | −£12m | −£36.1m | −£31.2m | −£18.9m |
| Fixed assets | £10.2m | £11.1m | £5m | £4.3m | £4.1m |
| Current assets | £11.6m | £9.6m | £16.7m | £5.9m | £16m |
| Debtors | £262k | £394k | £629k | £3.5m | £5.1m |
| Deferred income | — | £13.7m | £0 | £1.9m | £6.9m |
| Cash from operations | −£7.4m | £1.1m | −£2.5m | −£2.7m | £2.7m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 58.8%
- Profit ÷ revenue.
- Gross margin
- 51.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £267k
- Revenue ÷ average employees.
- Profit per employee
- £157k
- Profit ÷ average employees.
- Cash conversion
- 56.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 32.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24%
- 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 −£18.9m
- Cash at bank
- ▲410%
- Now £614k
- Headcount
- ▼38%
- Now 80
- Deferred income
- ▲270%
- Now £6.9m
- Fixed assets
- ▼3%
- Now £4.1m
Group structure
Ownership chain
- Sapphire Cabinetry (Uk) Llc (registered outside the UK register)ultimate parent75–100%
- Sapphire 700 Limited75–100%
- Lux Group Holdings Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Smallbone Atelier LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £12.6m), 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.