Neve Jewels Limited
Registered name: NEVE JEWELS LIMITED
Neve Jewels Limited made £52.5m revenue and £3.1m profit in the year to 31 Dec 2025.
Neve Jewels Limited’s revenue grew 22% to £52.5m in the year to 31 Dec 2025, with £3.1m profit and 192 employees. The company is classified under “retail sale of watches and jewellery in specialised stores” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 18 yrs · since 2007
- 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 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £24.1m | £25.3m | £29.9m | £43.1m | £52.5m |
| Cost of sales | £14.6m | £13.1m | £15.1m | £20.1m | −£20.9m |
| Gross profit | £9.5m | £12.3m | £14.8m | £23m | £31.5m |
| Operating profit | £3m | £2.8m | £1.1m | £2.8m | £4.6m |
| Profit before tax | £2.9m | £2.7m | £934k | £2.7m | £4.5m |
| Profit after tax | £2.7m | £2.5m | £804k | £1.8m | £3.1m |
| Profit (best available) | £2.7m | £2.5m | £804k | £1.8m | £3.1m |
| Staff costs | £1.6m | £2.6m | £3.2m | £4.3m | — |
| Employees (average) | 53 | 82 | 97 | 144 | 192 |
| Ratios | |||||
| Profit margin | 11.2% | 9.8% | 2.7% | 4.1% | 5.9% |
| Gross margin | 39.3% | 48.5% | 49.4% | 53.5% | 60.1% |
| Revenue per employee | £455k | £309k | £308k | £299k | £273k |
| Profit per employee | £50.8k | £30.2k | £8.3k | £12.3k | £16k |
| Cash conversion | — | — | 37.7% | −179.4% | — |
| Growth (year on year) | |||||
| Revenue growth | — | ▲5.1% | ▲17.9% | ▲44.3% | ▲21.8% |
| Profit growth | — | ▼8% | ▼67.5% | ▲120.8% | ▲73.6% |
| Headcount growth | — | ▲54.7% | ▲18.3% | ▲48.4% | ▲33.3% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £2.8m | £2.8m | £1.3m | £4m | — |
| Net assets | £6.8m | £9.3m | £10.1m | £11.9m | — |
| Fixed assets | £1.5m | £2.8m | £3.2m | £3.7m | — |
| Current assets | £11.1m | £14.8m | £14.4m | £24.3m | — |
| Debtors | £605k | £977k | £5.3m | £12.1m | — |
| Deferred income | — | — | £887k | £149k | — |
| Cash from operations | — | — | £426k | −£5m | — |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 5.9%
- Profit ÷ revenue.
- Gross margin
- 60.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £273k
- Revenue ÷ average employees.
- Profit per employee
- £16k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲33%
- Now 192
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- George Tarratt LimitedLeicester · Retail sale of watches and jewellery in specialised stores
- Revenue
- £46.4m
- Profit
- £2m
- Staff
- 31
- Joyalukkas LtdLondon · Retail sale of watches and jewellery in specialised stores
- Revenue
- £49.9m
- Profit
- £4.4m
- Staff
- 55
- Michael Spiers (Jewellers) LimitedPlymouth · Retail sale of watches and jewellery in specialised stores
- Revenue
- £33.7m
- Profit
- £1.9m
- Staff
- 68
- Jessica McCormack LimitedLondon · Retail sale of watches and jewellery in specialised stores
- Revenue
- £57.2m
- Profit
- £4.9m
- Staff
- —
- Nimogen LimitedMacclesfield · Retail sale of watches and jewellery in specialised stores
- Revenue
- £60.3m
- Profit
- £5.7m
- Staff
- 88
- Official Watches LimitedFinchley · Retail sale of watches and jewellery in specialised stores
- Revenue
- £29.9m
- Profit
- £171k
- Staff
- 22
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £3.1m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 17 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.