BLAKLEY ELECTRICS LIMITED
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Cash
£2.8m
-70.3% lowest in 3 filed years
Net assets
£18m
+15.4% highest in 3 filed years
Employees
98
0% vs 2024
Profit before tax
£1.9m
-29.6% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £19,112,046 | £23,527,364 | £19,032,664 | -19.1% | |
| Operating profit | £1,200,139 | £2,324,571 | £1,648,978 | -29.1% | |
| Profit before tax | £1,351,478 | £2,643,965 | £1,862,228 | -29.6% | |
| Net profit | £1,123,262 | £1,956,437 | £1,960,514 | +0.2% | |
| Cash | £9,012,443 | £9,275,230 | £2,755,456 | -70.3% | |
| Total assets less current liabilities | £13,514,028 | £17,138,771 | £19,675,492 | +14.8% | |
| Net assets | £12,414,498 | £15,704,480 | £18,119,441 | +15.4% | |
| Equity | £12,414,498 | £15,704,480 | £18,119,441 | +15.4% | |
| Average employees | 96 | 98 | 98 | 0% | |
| Wages | £5,081,422 | £5,937,511 | £5,035,058 | -15.2% | |
| Directors' remuneration | £868,699 | £1,279,713 | £797,215 | -37.7% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 6.3% | 9.9% | 8.7% | |
| Net margin | 5.9% | 8.3% | 10.3% | |
| Return on capital employed | 8.9% | 13.6% | 8.4% | |
| Current ratio | — | 2.69x | 4.58x | |
| Interest cover | 41.19x | 71.11x | 67.26x |
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.
Name history
Renamed 1 time since incorporation
- BLAKLEY ELECTRICS LIMITED 1984-03-09 → present
- D.W. BLAKLEY LIMITED 1957-10-21 → 1984-03-09
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Barnes Roffe Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “At the end of the year the Blakley family sold the entire share capital of the company to Lucy Group Ltd, which the Directors believe will help to ensure the long term future of the business.”
- “On 18 December 2025 the company became a wholly owned subsidiary of Lucy Group Ltd, a company incorporated in England whose ultimate parent undertaking is W L Shareholding Company Limited, a company incorporated in England.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAXTON, Madeline | Secretary | 2025-12-18 | — | — |
| ASHTON, Gary David | Director | 2025-12-18 | Jan 1961 | British |
| BLAKLEY, Peter John | Director | — | Feb 1958 | English |
| DICK, Charles Richard | Director | 2025-12-18 | May 1950 | British |
| FINCH-DICK, Jonathan Charles | Director | 2025-12-18 | Nov 1980 | British |
| SLATER, Daniel Alexander | Director | 2002-12-09 | May 1965 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARTHUR, Graham Leslie | Secretary | 1999-07-01 | 2002-11-30 |
| CHURCH, John Ord | Secretary | 1998-12-31 | 1999-06-30 |
| SLATER, Daniel Alexander | Secretary | 2002-12-09 | 2025-12-18 |
| WEBB, John Alan | Secretary | — | 1998-12-31 |
| ARTHUR, Graham Leslie | Director | 2000-01-07 | 2002-11-30 |
| BAKER, Andrew Robert | Director | 2008-04-01 | 2022-06-30 |
| BLAKLEY, Donald Walter | Director | — | 2012-07-10 |
| BLAKLEY, Marion Nellie | Director | — | 2025-12-18 |
| BRETT, Thomas Craig | Director | 2024-02-12 | 2025-12-18 |
| CHURCH, John Ord | Director | — | 2000-01-08 |
| COLE, Malcolm Stuart | Director | — | 1999-12-31 |
| LAMING, Robert Lawrence | Director | 2021-10-01 | 2025-12-18 |
| LAY, Jeremy Mark | Director | 2000-01-07 | 2019-02-01 |
| MILTON, Alan Mark | Director | 2007-08-01 | 2025-12-18 |
| RASON, Greg | Director | — | 1999-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lucy Group Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-12-18 | Active |
| Mr Peter John Blakley | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2025-12-18 |
| Mrs Marion Nellie Blakley | Individual | Shares 25–50% | 2016-04-06 | Ceased 2017-11-10 |
Filing timeline
Last 20 of 202 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-08 MA Memorandum articles
- 2026-01-08 RESOLUTIONS Resolution
- 2025-12-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-07 | AA | accounts | Accounts with accounts type full | |
| 2026-05-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-08 | MA | incorporation | Memorandum articles | |
| 2026-01-08 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-24 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-12-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-24 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-24 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-19 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-19 | SH01 | capital | Capital allotment shares | |
| 2025-11-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-16 | SH06 | capital | Capital cancellation shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 2
- Officers appointed
- 4
- Officers resigned
- 5
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.