Henig Diamonds Limited
Registered name: HENIG DIAMONDS LIMITED
Henig Diamonds Limited made £11.2m revenue and £227k profit in the year to 31 Oct 2024.
Henig Diamonds Limited’s revenue grew 1% to £11.2m in the year to 31 Oct 2024, with £227k profit and 29 employees. The company is classified under “wholesale of watches and jewellery” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- 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 Oct 2023 | 31 Oct 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £11.1m | £11.2m |
| Cost of sales | £8.3m | £8.4m |
| Gross profit | £2.8m | £2.9m |
| Operating profit | £1.2m | £745k |
| Profit before tax | £628k | £278k |
| Profit after tax | £540k | £227k |
| Profit (best available) | £540k | £227k |
| Staff costs | £950k | £1.2m |
| Employees (average) | 23 | 29 |
| Ratios | ||
| Profit margin | 4.9% | 2% |
| Gross margin | 25.3% | 25.5% |
| Revenue per employee | £483k | £387k |
| Profit per employee | £23.5k | £7.8k |
| Cash conversion | −67.1% | −191.8% |
| Growth (year on year) | ||
| Revenue growth | — | ▲0.9% |
| Profit growth | — | ▼58% |
| Headcount growth | — | ▲26.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.4m | £1.8m |
| Net assets | £2.5m | £2.3m |
| Fixed assets | £737k | £748k |
| Current assets | £10.9m | £10.8m |
| Debtors | £3.2m | £2.3m |
| Cash from operations | −£791k | −£1.4m |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2%
- Profit ÷ revenue.
- Gross margin
- 25.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £387k
- Revenue ÷ average employees.
- Profit per employee
- £7.8k
- Profit ÷ average employees.
- Cash conversion
- −191.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.2%
- 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
- ▼8%
- Now £2.3m
- Cash at bank
- ▲30%
- Now £1.8m
- Headcount
- ▲26%
- Now 29
- Deferred income
- —
- Now —
- Fixed assets
- ▲2%
- Now £748k
Similar profitable businesses
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- Profit
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- Staff
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- Euro Date LimitedLondon · Wholesale of watches and jewellery
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- Profit
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- Zeon LimitedLondon · Wholesale of watches and jewellery
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- £15.3m
- Profit
- £1.3m
- Staff
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- Clogau Gold of Wales LimitedRhyl · Wholesale of watches and jewellery
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- £20m
- Profit
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- Peers Hardy (UK) LimitedSolihull · Wholesale of watches and jewellery
- Revenue
- £33.3m
- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £227k), from the Companies House accounts bulk data published Dec 2025. 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.