Joyalukkas Ltd
Registered name: JOYALUKKAS LTD
Joyalukkas Ltd made £49.9m revenue and £4.4m profit in the year to 31 Mar 2026.
Joyalukkas Ltd’s revenue grew 84% to £49.9m in the year to 31 Mar 2026, with £4.4m profit and 55 employees. The company is classified under “retail sale of watches and jewellery in specialised stores” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £14.1m | £27.2m | £49.9m |
| Cost of sales | — | £12.4m | £23.5m | £39.7m |
| Gross profit | — | £1.7m | £3.7m | £10.1m |
| Operating profit | — | £219k | £689k | £6.1m |
| Profit before tax | — | £199k | £652k | £5.9m |
| Profit after tax | — | £57.5k | £466k | £4.4m |
| Profit (best available) | — | £57.5k | £466k | £4.4m |
| Staff costs | — | £667k | £1.4m | £2.3m |
| Employees (average) | 8 | 20 | 44 | 55 |
| Ratios | ||||
| Profit margin | — | 0.4% | 1.7% | 8.8% |
| Gross margin | — | 12% | 13.6% | 20.3% |
| Revenue per employee | — | £705k | £617k | £907k |
| Profit per employee | — | £2.9k | £10.6k | £79.6k |
| Cash conversion | — | 487.1% | 242.1% | −30.7% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲92.7% | ▲83.6% |
| Profit growth | — | — | ▲709.6% | ▲840.6% |
| Headcount growth | — | ▲150% | ▲120% | ▲25% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £130k | £665k | £1.2m | £593k |
| Net assets | £1.9m | £2m | £2.4m | £6.8m |
| Fixed assets | £1.8m | £2.3m | £3.7m | £7.2m |
| Current assets | £4.2m | £8.7m | £20.3m | £24m |
| Debtors | £37.9k | £110k | £0 | £3.9m |
| Deferred income | £424k | £698k | £276k | £116k |
| Cash from operations | — | £1.1m | £1.7m | −£1.9m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 8.8%
- Profit ÷ revenue.
- Gross margin
- 20.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £907k
- Revenue ÷ average employees.
- Profit per employee
- £79.6k
- Profit ÷ average employees.
- Cash conversion
- −30.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.8%
- Money owed by customers. Low = customers pay quickly.
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
- ▲181%
- Now £6.8m
- Cash at bank
- ▼49%
- Now £593k
- Headcount
- ▲25%
- Now 55
- Deferred income
- ▼58%
- Now £116k
- Fixed assets
- ▲93%
- Now £7.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- George Tarratt LimitedLeicester · Retail sale of watches and jewellery in specialised stores
- Revenue
- £46.4m
- Profit
- £2m
- Staff
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- Jessica McCormack LimitedLondon · Retail sale of watches and jewellery in specialised stores
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- £57.2m
- Profit
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- —
- Neve Jewels LimitedLondon · Retail sale of watches and jewellery in specialised stores
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- £43.1m
- Profit
- £1.8m
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- Nimogen LimitedMacclesfield · Retail sale of watches and jewellery in specialised stores
- Revenue
- £60.3m
- Profit
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- Laing the Jeweller (Glasgow) LimitedGlasgow · Retail sale of watches and jewellery in specialised stores
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- £73.7m
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- Michael Spiers (Jewellers) LimitedPlymouth · Retail sale of watches and jewellery in specialised stores
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £4.4m), from the Companies House accounts bulk data published Aug 2026. 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.