NEVE JEWELS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-10 (in 3mo)
Last made up 2025-07-27
Watchouts
None on the register
Cash
£4M
+217.1% vs 2023
Net assets
£12M
+17.6% highest in 5 filed years
Employees
144
+53.2% highest in 5 filed years
Profit before tax
£3M
+191.4% vs 2023
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £29,868,654 | £43,101,138 | |
| Operating profit | — | — | — | — | £1,128,466 | £2,810,790 | |
| Profit before tax | — | — | — | — | £933,506 | £2,720,563 | |
| Net profit | — | — | — | — | £803,938 | £1,775,025 | |
| Cash | — | — | — | — | £1,271,019 | £4,030,548 | |
| Total assets less current liabilities | — | — | — | — | £11,454,747 | £13,395,355 | |
| Net assets | £1,974,804 | £4,123,765 | £5,359,729 | — | £10,096,561 | £11,871,586 | |
| Equity | — | — | — | £9,292,623 | £10,096,561 | £11,871,586 | |
| Average employees | 39 | 38 | 51 | — | 94 | 144 | |
| Wages | — | — | — | — | £2,850,778 | £3,892,218 | |
| Directors' remuneration | — | — | — | — | £11,850 | £11,850 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+44.3%
£29,868,654 £43,101,138
-
Cash
+217.1%
£1,271,019 £4,030,548
-
Net assets
+17.6%
£10,096,561 £11,871,586
highest in 5 filed years
-
Employees
+53.2%
94 144
highest in 5 filed years
-
Operating profit
+149.1%
£1,128,466 £2,810,790
-
Profit before tax
+191.4%
£933,506 £2,720,563
-
Wages
+36.5%
£2,850,778 £3,892,218
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 3.8% | 6.5% | |
| Net margin | — | — | — | — | 2.7% | 4.1% | |
| Return on capital employed | — | — | — | — | 9.9% | 21.0% | |
| Gearing (liabilities / total assets) | — | — | — | — | 42.9% | 57.6% | |
| Current ratio | — | — | — | — | 2.33x | 1.66x | |
| Interest cover | — | — | — | — | 5.47x | 20.67x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- NEVE JEWELS LIMITED 2010-02-22 → present
- NAICE JEWELS LIMITED 2007-12-13 → 2010-02-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Brayan and Spencer Associates Limited, Statutory Auditor
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have reviewed budgets, forecasts, liquidity positions and conclude that the company has sufficient resources to continue in operational existence for at least 12 months from the approval of these financial statements. No material uncertainties have been identified that cast doubt on its ability to continue as a going concern.”
Significant events
- “The company is investing in new showrooms, inventory and its online store to further support growth.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JAIN, Abhishek Vastupal Madhani | Director | 2007-12-20 | Jan 1988 | Indian |
| MADHANI, Anuj Vastupal | Director | 2016-08-17 | Mar 1989 | Indian |
| MADHANI JAIN, Priyaj Vastupal | Director | 2008-01-15 | Nov 1984 | British |
| MEHTA, Jigar Surendra | Director | 2012-10-30 | Oct 1984 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GKF SECRETARIES LIMITED | Corporate Secretary | 2007-12-13 | 2012-10-17 |
| GILLANI, Saeed Iqbal | Director | 2008-01-15 | 2012-10-31 |
| JAIN, Abhishek Vastupal Madhani | Director | 2007-12-20 | 2010-12-14 |
| GKF DIRECTORS LIMITED | Corporate Director | 2007-12-13 | 2008-01-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Vastupal Babulal Jain | Individual | Significant influence | 2021-07-27 | Active |
| Mr Abhishek Vastupal Madhani Jain | Individual | Significant influence | 2021-07-27 | Active |
| Mr Priyaj Vastupal Madhani Jain | Individual | Significant influence | 2017-12-13 | Ceased 2018-12-13 |
| Mr Priyaj Vastupal Madhani Jain | Individual | Significant influence | 2016-12-13 | Active |
| Mr Anuj Vastupal Madhani | Individual | Significant influence | 2016-12-13 | Active |
Filing timeline
Last 20 of 103 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-22 RESOLUTIONS Resolution
- 2026-01-15 RESOLUTIONS Resolution
- 2025-12-08 MA Memorandum articles
- 2025-01-30 RESOLUTIONS Resolution
- 2025-01-07 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-05-11 | CH01 | officers | Change person director company with change date | |
| 2026-05-11 | CH01 | officers | Change person director company with change date | |
| 2026-01-22 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-08 | MA | incorporation | Memorandum articles | |
| 2025-10-16 | AAMD | accounts | Accounts amended with accounts type full | |
| 2025-09-30 | AA | accounts | Accounts with accounts type medium | |
| 2025-08-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-09 | CH01 | officers | Change person director company with change date | |
| 2025-06-09 | CH01 | officers | Change person director company with change date | |
| 2025-01-30 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-07 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-30 | AA | accounts | Accounts with accounts type small | |
| 2024-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-30 | AA | accounts | Accounts with accounts type small | |
| 2023-12-30 | AA01 | accounts | Change account reference date company current shortened | |
| 2023-08-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-09-22 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.