Download the full 2025 Annual Report
FW Thorpe PLC
Revenue
£175.2m
FW Thorpe PLC encompasses individual companies that concentrate on particular market sectors and geographical locations. The companies provide the Group with diversity as well as risk mitigation, as they do not compete with one another and are complementary. The companies within the Group can be affected differently by trends and economic impacts within their respective markets. The continuing development and market adoption of LED lighting and controls technology allows Group companies to share the benefits of their product and technical expertise, differentiating themselves from competitors.
Thorlux Lighting
Revenue
£97.0m
These are great results, driven by revenue growth in the UK market supported by strong margins. Orders surpassed the highest level on record and the peak individual monthly output record was also broken during the year, demonstrating that Thorlux is well positioned to deliver growth.
Philip Payne
Revenue
£4.3m
This represents a decent performance, with a focus on the core message of Philip Payne being the architects’ choice returning to the forefront.
Solite
Revenue
£5.0m
There was a return to growth, with Solite achieving record levels of revenue and profit for the year, delivered by a mixture of sales of its own clean area products and bringing in Thorlux products to satisfy wider customer requirements for certain projects, and supplying products to Thorlux projects.
Portland Lighting
Revenue
£4.5m
A strong performance was driven by investment in the traffic division, which sells road safety sign lighting and Belisha beacons for pedestrian crossings. Revenue for the traffic division exceeded £1.5m for the year, over 100% more than that of the previous year – a fantastic achievement.
TRT Lighting
Revenue
£7.9m
This was another difficult year, despite being less loss making than the prior year; however, the final quarter showed some promising signs of recovery. Whilst the results might not show it, success was achieved in the focus areas of the business, with a new sales team established and new street and amenity lighting products launched.
Lightronics
Revenue
£21.8m
This was a disappointing year, with Lightronics unfortunately unable to solidify and build upon last year’s standout result. Nevertheless, a respectable operating profit to sales ratio was delivered, although the business did not perform to the levels expected and compared with previous years.
Famostar
Revenue
£12.8m
Another year, and another robust performance for Famostar, with solid profitable growth. The core emergency business grew at a lower level this year; the step up in revenue was delivered by the Thorlux team selling Thorlux-made products in the Netherlands.
Zemper
Revenue
£21.9m
Zemper is the standout performer this year; the previous years of investment in both product development and manufacturing capability have enabled the business to achieve the performance envisaged when the Group acquired the company in 2022.
