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Company No. 03414086 · Incorporated 4 Aug 1997

L.M. Jewellery Limited

Registered name: L.M. JEWELLERY LIMITED

L.M. Jewellery Limited made £14.8m revenue and £2.3m profit in the year to 29 Feb 2024. read from filing text

L.M. Jewellery Limited’s revenue was £14.8m in the year to 29 Feb 2024, with £2.3m profit and 8 employees. The company is classified under “non-specialised wholesale trade” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade
Status
Active
Location
London, London
Age
29 yrs · since 1997
Type
Private Limited Company
Latest accounts · year to 29 Feb 2024

Key figures

IndependentSmall teamCash flow filed
Revenue
£14.8m
Growth —
Profit
£2.3m
Growth —
Profit margin
15.4%
Gross 20.6%
Employees
8
Change —
Profit / employee
£286k
Revenue/employee £1.9m
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202229 Feb 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£30.2m£18.5m£14.8m
Cost of sales£22.3m£13.2m£11.8m
Gross profit£7.9m£5.3m£3.1m
Operating profit£6.9m£4.2m£2.1m
Profit before tax£6.9m£4.1m£2.9m
Profit after tax£5.6m£3.3m£2.3m
Profit (best available)£5.6m£3.3m£2.3m
Staff costs£548k£572k£418k
Employees (average)12118
Ratios
Profit margin18.5%18.1%15.4%
Gross margin26.1%28.8%20.6%
Revenue per employee£2.5m£1.7m£1.9m
Profit per employee£466k£303k£286k
Cash conversion−64.9%−96.4%−76.3%
Balance sheet — indirect signals, not revenue
Cash at bank£7.6m£8.1m£2.6m
Net assets£7.9m£11.1m£13.3m
Fixed assets£68.9k£2.3m£8.6m
Current assets£12m£12.2m£7m
Debtors£2.7m£2.7m£1.7m
Cash from operations−£4.5m−£4.1m−£1.6m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Nov 2024
Derived from the latest filing

How the business works

Profit margin
15.4%
Profit ÷ revenue.
Gross margin
20.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.9m
Revenue ÷ average employees.
Profit per employee
£286k
Profit ÷ average employees.
Cash conversion
−76.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
58.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.3%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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 £13.3m
Cash at bank
—
Now £2.6m
Headcount
—
Now 8
Deferred income
—
Now —
Fixed assets
—
Now £8.6m
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 29 Feb 2024 (profit £2.3m), from the Companies House accounts bulk data published Nov 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.