Lebedev Holdings Limited
Registered name: LEBEDEV HOLDINGS LIMITED
Part of Sovereignty Media Limited groupLebedev Holdings Limited made £14.3m revenue and a £5.9m loss in the year to 31 Dec 2025.
Lebedev Holdings Limited’s revenue was £14.3m in the year to 31 Dec 2025, with a loss of £5.9m and 131 employees. The company is classified under “activities of head offices” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 17 yrs · since 2008
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 29 Sep 2023 | 29 Sep 2024 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | ||||
| Revenue (turnover) | £31m | £25.2m | £25.2m | £14.3m |
| Cost of sales | −£31.2m | −£27.6m | −£27.6m | −£15.9m |
| Gross profit | — | — | −£2.4m | −£1.6m |
| Operating profit | −£17m | −£20.1m | −£20.1m | −£7.4m |
| Profit before tax | −£19.3m | −£21.3m | −£21.3m | −£5.9m |
| Profit after tax | −£19.3m | −£21.3m | −£21.3m | −£5.9m |
| Profit (best available) | −£19.3m | −£21.3m | −£21.3m | −£5.9m |
| Employees (average) | 250 | 250 | 250 | 131 |
| Ratios | ||||
| Profit margin | −62.4% | −84.4% | −84.4% | −41.3% |
| Gross margin | — | — | −9.4% | −11.4% |
| Revenue per employee | £124k | £101k | £101k | £109k |
| Profit per employee | −£77.3k | −£85.1k | −£85.1k | −£44.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼18.6% | — | — |
| Headcount growth | — | 0% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 | Accounts · bulk data Oct 2026 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- −41.3%
- Profit ÷ revenue.
- Gross margin
- −11.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £109k
- Revenue ÷ average employees.
- Profit per employee
- −£44.9k
- 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
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 131
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Sovereignty Media Limitedultimate parent50–75%
- Lebedev Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Estv LimitedFigures not disclosed
- Independent Print LimitedFigures not disclosed
- Kalliste Productions LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£5.9m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 16 Oct 2026