JOHN LEWIS PLC
Trading as John Lewis and Waitrose, the company serves as the principal retail subsidiary of the employee-owned John Lewis Partnership plc, operating department stores and supermarkets across the UK with a corporate bond listed on the London Stock Exchange.
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Cash
£919M
-0.5% lowest in 3 filed years
Net assets
£1.8B
-9.3% lowest in 3 filed years
Employees
65,700
-1.1% lowest in 3 filed years
Profit before tax
-£18M
-118.4% lowest in 3 filed years
Watch the reel
Our short-form breakdown of JOHN LEWIS PLC's latest filing
John Lewis PLC files £11.7bn in turnover, but a bizarre one-day prior period makes the accounts a tricky read. 🛒📊
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-31
| Metric | Trend | 2024-01-27 | 2025-01-25 | 2026-01-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £10,781,000,000 | £11,113,000,000 | £11,723,000,000 | +5.5% | |
| Operating profit | £150,000,000 | £197,000,000 | £88,000,000 | -55.3% | |
| Profit before tax | £59,000,000 | £98,000,000 | -£18,000,000 | -118.4% | |
| Net profit | £44,000,000 | — | — | — | |
| Cash | £1,028,000,000 | £924,000,000 | £919,000,000 | -0.5% | |
| Total assets less current liabilities | £4,610,000,000 | £4,671,000,000 | £4,629,000,000 | -0.9% | |
| Net assets | £1,995,000,000 | £2,034,000,000 | £1,845,000,000 | -9.3% | |
| Equity | £1,995,000,000 | £2,034,000,000 | £1,845,000,000 | -9.3% | |
| Average employees | 72,900 | 66,400 | 65,700 | -1.1% | |
| Wages | £1,538,000,000 | £1,604,000,000 | £1,662,000,000 | +3.6% | |
| Directors' remuneration | £3,000,000 | £3,000,000 | £3,000,000 | 0% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-01-27 | 2025-01-25 | 2026-01-31 |
|---|---|---|---|---|
| Operating margin | 1.4% | 1.8% | 0.8% | |
| Net margin | 0.4% | — | — | |
| Return on capital employed | 3.3% | 4.2% | 1.9% | |
| Gearing (liabilities / total assets) | 71.0% | 69.6% | 72.6% | |
| Current ratio | 1.03x | 1.09x | 1.07x | |
| Interest cover | 1.09x | 1.19x | 0.60x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors, after reviewing the Group's operating budgets, investment plans and financing arrangements consider that the Company and Group have sufficient financing available at the date of approval of this report. Accordingly, the Directors have concluded that the Group is a going concern and the Annual Report and Accounts have been prepared on that basis.”
Group structure
- JOHN LEWIS PLC · parent
- Admiral Park Retail Management Limited 100%
- Buy.Com Limited 100%
- Dishpatch Limited 100%
- Herbers Parkinson Limited 100%
- JLP Insurance Limited 100%
- JLP Scotland Limited 100%
- JLP Scottish Partnership 100%
- John Lewis Car Finance Limited 100%
- John Lewis Finance Limited 100%
- John Lewis International Limited 100%
- John Lewis India Private Limited 100%
- John Lewis Partnership Pensions Trust 100%
- John Lewis Properties plc 100%
- John Lewis PT Holdings Limited 100%
- Jonelle Jewellery Limited 100%
- Jonelle Limited 100%
- Peters Jones Limited 100%
- The Odney Estate Limited 100%
- Waitrose (Jersey) Limited 100%
- Waitrose (Guernsey) Limited 100%
- Waitrose Limited 100%
Significant events
- “After 31 January 2026, the Group announced plans to modernise the own brand hospitality and Partner Dining Rooms in the majority of our John Lewis shops through partnerships with specialist third parties. This will see a number of Partners transfer to Beriugo, under Transfer of Undertakings Protection of Employment (TUPE) regulations.”
- “After 31 January 2026, the Group announced its exit from the Build to Rent activity. See also note 2.5.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 42 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHEONG TUNG SING, Jane Christina | Secretary | 2021-11-01 | — | — |
| MOUNSEY, Andrew John | Director | 2024-09-06 | Aug 1978 | British |
| TARRY, Jason Mark | Director | 2024-09-12 | May 1967 | British |
Show 42 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLACKBURN, Simon Jim | Secretary | 2021-06-07 | 2021-11-01 |
| BUCHANAN, Alan | Secretary | 2014-07-31 | 2015-01-31 |
| CASELY-HAYFORD, Margaret Henrietta Augusta | Secretary | 2006-04-28 | 2014-07-31 |
| HUBBER, Keith Michael | Secretary | 2015-02-01 | 2018-01-31 |
| NEVILLE, Terence Frank | Secretary | 2001-05-10 | 2006-04-27 |
| PRITCHARD, Brian James | Secretary | — | 2001-05-09 |
| SIMPSON, Peter | Secretary | 2018-01-31 | 2021-06-07 |
| ALEXANDER, Ian David | Director | 1993-07-22 | 2005-11-27 |
| CARPENTER, John Barnard Grantley | Director | — | 1999-12-24 |
| CASSONI, Marisa Luisa | Director | 2006-07-20 | 2012-06-01 |
| CLOAKE, Dudley Richard | Director | — | 2002-12-30 |
| ESOM, Steven Derek | Director | 2002-03-11 | 2007-04-24 |
| FALCONER, Peter | Director | — | 1996-06-20 |
| FELWICK, David Leonard | Director | — | 2004-09-03 |
| FLEMING, Ian Ashley | Director | 2013-01-23 | 2014-08-15 |
| FLETCHER, Leslie Herbert | Director | — | 1993-07-22 |
| HAMPSON, Stuart | Director | — | 2007-04-01 |
| HAUFF, Reyn | Director | 2009-12-15 | 2015-01-27 |
| KANKIWALA, Nishpank Rameshbabu | Director | 2023-05-01 | 2025-03-26 |
| KILLEN, Tracey Anne | Director | 2007-04-30 | 2020-07-10 |
| LEWIS, John Patrick | Director | 2015-09-14 | 2020-12-31 |
| LEWIS, Peter Tyndale | Director | — | 1993-02-01 |
| MAYFIELD, Andrew Charles, Sir | Director | 2001-09-24 | 2020-02-04 |
| MAYHEW, Christopher Luke | Director | 1993-07-22 | 2004-12-24 |
| MICHEL, Berangere Andree Mireille | Director | 2015-09-01 | 2024-09-06 |
| MICHEL, Berangere Andree Mireille | Director | 2009-12-15 | 2015-01-27 |
| NICKOLDS, Paula Margaret | Director | 2017-01-11 | 2020-01-23 |
| O'CALLAGHAN, Brian Anthony | Director | — | 2000-01-28 |
| ORYAN, Peter Jerome Francis | Director | — | 1993-09-09 |
| OSBORNE, Rachel Claire Elizabeth | Director | 2013-01-23 | 2015-08-31 |
| PRICE, Mark Ian | Director | 2005-01-30 | 2016-03-18 |
| QUINN, Jean Margaret | Director | — | 1993-07-22 |
| STILL, Peter Walker Kenneth | Director | — | 1993-09-09 |
| STREET, Andrew John | Director | 2002-12-30 | 2016-10-28 |
| WALTON, Guy William | Director | 2013-01-23 | 2015-01-27 |
| WEIR, Helen Alison | Director | 2012-06-01 | 2014-12-01 |
| WHITE, Sharon Michele, Dame | Director | 2020-02-04 | 2024-09-12 |
| WOODHOUSE, Loraine | Director | 2014-12-01 | 2015-09-13 |
| WREFORD-BROWN, Wilfred Nigel | Director | — | 2002-12-27 |
| YOUNG, Alexander John | Director | 2014-12-01 | 2015-01-27 |
| YOUNG, Alexander John | Director | 2013-01-23 | 2014-12-01 |
| YOUNG, David Ernest | Director | 1993-02-01 | 2002-03-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| John Lewis Partnership Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 257 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-14 | AA | accounts | Accounts with accounts type group | |
| 2025-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-08 | AA | accounts | Accounts with accounts type group | |
| 2025-03-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-30 | AD04 | address | Move registers to registered office company with new address | |
| 2024-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-10 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-05 | CH03 | officers | Change person secretary company with change date | |
| 2024-07-01 | CH01 | officers | Change person director company with change date | |
| 2024-07-01 | AD03 | address | Move registers to sail company with new address | |
| 2024-07-01 | AD02 | address | Change sail address company with old address new address | |
| 2024-07-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-05-22 | AA | accounts | Accounts with accounts type group | |
| 2023-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-15 | AA | accounts | Accounts with accounts type group | |
| 2023-05-03 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.