How much does Lincs. Electrical Wholesalers Limited make?

Lincs. Electrical Wholesalers Limited reported revenue of £71.8m and £2.2m profit in the year to 31 Aug 2025, according to its accounts filed at Companies House.

How many employees does Lincs. Electrical Wholesalers Limited have?

Lincs. Electrical Wholesalers Limited reported an average of 202 employees in the year to 31 Aug 2025.

Is Lincs. Electrical Wholesalers Limited profitable?

Yes — Lincs. Electrical Wholesalers Limited reported a profit of £2.2m in the year to 31 Aug 2025.

Company No. 02262735 · Incorporated 27 May 1988

Lincs. Electrical Wholesalers Limited

Registered name: LINCS. ELECTRICAL WHOLESALERS LIMITED

Part of Johnson Family Investment Holdings Limited group

Lincs. Electrical Wholesalers Limited made £71.8m revenue and £2.2m profit in the year to 31 Aug 2025.

Lincs. Electrical Wholesalers Limited’s revenue grew 30% to £71.8m in the year to 31 Aug 2025, with £2.2m profit and 202 employees. The company is classified under “non-specialised wholesale trade” and is based in Gainsborough; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Gainsborough, Yorkshire and The Humber
Age: 38 yrs · since 1988
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 Aug 2025

Key figures

Capital-light

Revenue

£71.8m

Growth ▲30.1%

Profit

£2.2m

Growth ▲21.2%

Profit margin

Gross 27.2%

Employees

202

Change ▲7.4%

Profit / employee

£10.7k

Revenue/employee £355k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2023	31 Aug 2024	31 Aug 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£51m	£55.2m	£71.8m
Cost of sales	£36.6m	£39m	£52.3m
Gross profit	£14.4m	£16.2m	£19.5m
Operating profit	£2.4m	£2.5m	£3m
Profit before tax	£2.4m	£2.6m	£3m
Profit after tax	£1.9m	£1.8m	£2.2m
Profit (best available)	£1.9m	£1.8m	£2.2m
Staff costs	£7.6m	£8.6m	£10.3m
Employees (average)	176	188	202
Ratios
Profit margin	3.7%	3.2%	3%
Gross margin	28.3%	29.3%	27.2%
Revenue per employee	£290k	£294k	£355k
Profit per employee	£10.7k	£9.5k	£10.7k
Growth (year on year)
Revenue growth	—	▲8.2%	▲30.1%
Profit growth	—	▼4.8%	▲21.2%
Headcount growth	—	▲6.8%	▲7.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£529k	£492k
Net assets	£11m	£11.7m	£13.5m
Fixed assets	£3.2m	£3.9m	£4.1m
Current assets	£19.7m	£20.9m	£27m
Debtors	£9.6m	£11.1m	£15.7m
Deferred income	£2.2m	£2m	£3.2m
Source	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 3%; Profit ÷ revenue.
Gross margin: 27.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £355k; Revenue ÷ average employees.
Profit per employee: £10.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.9%; 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: ▲15%; Now £13.5m
Cash at bank: ▼7%; Now £492k
Headcount: ▲7%; Now 202
Deferred income: ▲61%; Now £3.2m
Fixed assets: ▲6%; Now £4.1m

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

Johnson Family Investment Holdings Limitedultimate parent75–100%
Lew Group Holdings Limited75–100%
Lincs. Electrical Wholesalers Limitedthis company

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

Sister companies (1)

J J H Commercial Properties LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £2.2m), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.

Updated from Companies House on 25 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.