VS Series

Lovehoney v Ann Summers

The UK's two best-known adult retailers: one born online, one on the high street. How do their accounts compare?

Ann Summers leads on turnover, pre-tax profit, profit margin and growth; Lovehoney on net assets. Ann Summers is the biggest by turnover at £93m, against £93m at Lovehoney. Both lost money; Ann Summers lost the least, £6.87 of every £100 it took.

The year ends are up to 6 months apart, so this compares each company's most recent filing rather than the same twelve months.

Accounts compared: Lovehoney to Dec 2025 · Ann Summers to Jun 2025

The Numbers

MeasureLovehoneyLovehoney Group UK LimitedAnn SummersAnn Summers Ltd.
Turnover£93m£93m
Turnover change-1.6%+0.4%
Pre-tax profit-£16m-£6m
Profit margin-17.6%-6.9%
Employees2661,011
Pay per head£47,000£24,000
Turnover per head£350,000£92,000
Net assets£38m-£15m
Bank and cash£23m£3m
Accounts toDec 2025Jun 2025
BasisSingle companySingle company

The leader on each measure is marked. Movements are against each company's own prior year. Pre-tax profit is filed except where marked (est.).

Category winners

The Takeaway

  1. Ann Summers loses the least. Of every £100 it takes, it loses £6.87, against a loss of £17.60 at Lovehoney.
  2. Ann Summers is the largest on the top line, £93m of turnover, 1.0x Lovehoney's £93m.
  3. Ann Summers is growing fastest, turnover +0.4% on its own prior year. Lovehoney went backwards.
  4. Ann Summers is the biggest employer with 1,011 people; Lovehoney pays the most per head, an average staff cost of about £47,000.
  5. Lovehoney has the largest balance sheet, net assets of £38m.

Who keeps the most of every £100 of sales?

Every company here made a loss. Ann Summers lost the least, £6.87 of every £100 of turnover. Lovehoney does worst, losing £17.60.

Every profit figure here is the one the company filed.

The chart splits each company's turnover into £100: what goes on people, on interest and on everything else, and what is left as profit.

Out of every £100 of turnover

£100£0 Payroll: £26.06 of every £100Payroll£26.06Financing: £1.51 of every £100Other costs: £79.30 of every £100Other costs£79.30Loss (the costs beyond £100): £6.87 of every £100Loss £6.87Ann SummersYear to Jun 2025£93m turnoverPayroll: £13.53 of every £100Payroll£13.53Financing: £1.65 of every £100Other costs: £102.42 of every £100Other costs£102.42Loss (the costs beyond £100): £17.60 of every £100Loss £17.60LovehoneyYear to Dec 2025£93m turnover
Payroll (staff costs)Financing (interest paid)Other running costsPre-tax profitLoss: the costs beyond £100

Each column is £100 of that company's own turnover, so companies of any size compare on one scale; the figures are pounds out of each £100, not millions. Companies run from the best margin to the worst. Payroll is staff costs, financing is interest paid, other running costs are everything else, and profit is pre-tax profit, filed or estimated as marked in the table. A loss is not an extra cost: it is the part of the costs that runs past the £100 line, marked with a red bracket. Hover over any segment for its figure.

Who is the biggest, and does the comparison hold?

By turnover the order is Ann Summers (£93m), Lovehoney (£93m).

By headcount, Ann Summers leads with 1,011 employees.

The comparison holds with the dates stated plainly: Lovehoney to Dec 2025, Ann Summers to Jun 2025. All are on the same filing basis.

Ann Summers£93mLovehoney£93m

Turnover on the latest filing

Who is growing fastest?

Ann Summers grew fastest, turnover +0.4% on its own prior year, ahead of Lovehoney (-1.6%).

Ann Summers+0.4%Lovehoney-1.6%

Turnover change on each company's own prior year

Who employs the most, who pays the most, and who brings in the most per head?

Ann Summers employs the most, 1,011 people, against 266 at Lovehoney.

Lovehoney has the highest average staff cost, about £47,000 a head; Ann Summers the lowest, about £24,000.

Lovehoney brings in the most turnover per employee, about £350,000, against £92,000 at Ann Summers. It says as much about the business model as the workforce: a marketplace or a wholesaler needs far fewer people per pound than a restaurant or a gym.

What does the full ledger show?

MeasureLovehoneyAnn Summers
Registered nameLOVEHONEY GROUP UK LIMITEDANN SUMMERS LTD.
Company number0463786801034349
Incorporated20031971
Accounts filed2 October 20268 December 2025
Turnover, prior year£95m£93m
Pre-tax profit, prior year£14m-£13m
Staff costs£13m£24m
Payroll share of turnover13.5%26.1%
Employees, prior year2751,180
Dividends paid£59mn/d
Charges outstanding17

A figure the filing does not disclose is shown as n/d; a zero in a filing is treated as not disclosed. Rounding: below £0.1m in thousands, £0.1m to £2m to one decimal place, above that to the nearest million.

Lovehoney v Ann Summers: common questions

Who is the biggest of Lovehoney or Ann Summers?

Ann Summers, with turnover of £93m in the year to June 2025.

Which makes the most profit?

Ann Summers: the smallest loss, -£6m pre-tax in the year to June 2025.

Which employs the most people?

Ann Summers, with 1,011 employees in its latest accounts.

Lovehoney or Ann Summers: which is bigger?

Ann Summers, with turnover of £93m against £93m at Lovehoney on their latest filings. On margin, Ann Summers keeps more of each £100 as pre-tax profit. The full head to head is in the VS Series. Read the VS page →

Where do these figures come from?

Each company's latest accounts filed at Companies House. Each links to its full Spark Intel profile, which names the filing it comes from.