de beers jewellers limited Company Information
Company Number
04117269
Website
www.debeers.co.ukRegistered Address
17 charterhouse street, london, EC1N 6RA
Industry
Activities of head offices
Telephone
02077589700
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
de beers plc 100%
de beers jewellers limited Estimated Valuation
Pomanda estimates the enterprise value of DE BEERS JEWELLERS LIMITED at £775.3m based on a Turnover of £131.3m and 5.91x industry multiple (adjusted for size and gross margin).
de beers jewellers limited Estimated Valuation
Pomanda estimates the enterprise value of DE BEERS JEWELLERS LIMITED at £12.1m based on an EBITDA of £1.2m and a 10.12x industry multiple (adjusted for size and gross margin).
de beers jewellers limited Estimated Valuation
Pomanda estimates the enterprise value of DE BEERS JEWELLERS LIMITED at £0 based on Net Assets of £-53.2m and 3.95x industry multiple (adjusted for liquidity).
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De Beers Jewellers Limited Overview
De Beers Jewellers Limited is a live company located in london, EC1N 6RA with a Companies House number of 04117269. It operates in the activities of head offices sector, SIC Code 70100. Founded in November 2000, it's largest shareholder is de beers plc with a 100% stake. De Beers Jewellers Limited is a mature, mega sized company, Pomanda has estimated its turnover at £131.3m with healthy growth in recent years.
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De Beers Jewellers Limited Health Check
Pomanda's financial health check has awarded De Beers Jewellers Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £131.3m, make it larger than the average company (£20.3m)
£131.3m - De Beers Jewellers Limited
£20.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3.1%)
8% - De Beers Jewellers Limited
3.1% - Industry AVG
Production
with a gross margin of 29.9%, this company has a comparable cost of product (33.2%)
29.9% - De Beers Jewellers Limited
33.2% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (6%)
-0.1% - De Beers Jewellers Limited
6% - Industry AVG
Employees
with 81 employees, this is below the industry average (119)
81 - De Beers Jewellers Limited
119 - Industry AVG
Pay Structure
on an average salary of £76.7k, the company has a higher pay structure (£45.8k)
£76.7k - De Beers Jewellers Limited
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£187.7k)
£1.6m - De Beers Jewellers Limited
£187.7k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (47 days)
26 days - De Beers Jewellers Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (45 days)
12 days - De Beers Jewellers Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 511 days, this is more than average (50 days)
511 days - De Beers Jewellers Limited
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (15 weeks)
8 weeks - De Beers Jewellers Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.6%, this is a higher level of debt than the average (57.4%)
115.6% - De Beers Jewellers Limited
57.4% - Industry AVG
DE BEERS JEWELLERS LIMITED financials
De Beers Jewellers Limited's latest turnover from December 2022 is £131.3 million and the company has net assets of -£53.2 million. According to their latest financial statements, De Beers Jewellers Limited has 81 employees and maintains cash reserves of £4.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 131,273,133 | 136,453,378 | 116,029,838 | 104,532,633 | 173,844,707 | 78,879,200 | 103,503,422 | 119,975,454 | 119,767,921 | 114,026,016 | 92,822,595 | 103,831,807 | 86,889,591 | 59,971,115 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 92,031,749 | 87,827,600 | 92,338,168 | 74,933,009 | 133,984,173 | 43,359,200 | 54,435,436 | 67,615,293 | 62,186,426 | 61,929,386 | 50,475,965 | 52,878,667 | 51,532,310 | 36,368,830 |
Gross Profit | 39,241,385 | 48,625,777 | 23,691,670 | 29,599,624 | 39,860,534 | 35,520,000 | 49,067,986 | 52,360,161 | 57,581,495 | 52,096,630 | 42,346,630 | 50,953,140 | 35,357,281 | 23,602,285 |
Admin Expenses | 39,414,486 | 53,869,871 | 38,879,403 | 79,714,017 | 47,806,942 | 61,740,800 | 48,534,663 | 66,409,551 | 74,561,417 | 91,011,150 | 73,443,779 | 80,300,677 | 66,542,629 | 67,069,773 |
Operating Profit | -173,101 | -5,244,094 | -15,187,733 | -50,114,393 | -7,946,408 | -26,220,800 | 533,323 | -14,049,390 | -16,979,922 | -38,914,520 | -31,097,149 | -29,347,537 | -31,185,348 | -43,467,488 |
Interest Payable | 25,878,271 | 5,382,511 | 2,944,882 | 3,105,853 | 17,676,878 | 410,400 | 107,855 | 151,741 | 145,049 | 630,527 | 1,689,289 | 1,860,481 | 1,888,301 | 938,443 |
Interest Receivable | 5,583 | 0 | 5,924,575 | 0 | 107,341 | 136,800 | 4,462 | 5,206 | 21,375 | 60,233 | 0 | 104,871 | 292,144 | 8,986 |
Pre-Tax Profit | -26,045,788 | -10,626,606 | -12,208,040 | -52,470,422 | -28,139,152 | -19,976,800 | 123,475 | -14,309,729 | -17,259,333 | -39,664,232 | -32,702,270 | -31,103,146 | -32,781,504 | -44,513,127 |
Tax | -158,743 | 28,181 | 26,523 | -92,455 | 325,942 | 342,400 | 1,387,236 | 4,495,686 | 5,004,962 | 2,977,701 | 6,169,166 | 6,792,778 | 4,022,959 | -138,006 |
Profit After Tax | -26,204,531 | -10,598,425 | -12,181,517 | -52,562,877 | -27,813,210 | -19,634,400 | 1,510,711 | -9,814,043 | -12,254,371 | -36,686,531 | -26,533,104 | -24,310,368 | -28,758,545 | -44,651,133 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -26,204,531 | -10,598,425 | -12,181,517 | -52,562,877 | -27,813,210 | -19,634,400 | 1,510,711 | -9,814,043 | -12,254,371 | -36,686,531 | -26,533,104 | -24,310,368 | -28,758,545 | -44,651,133 |
Employee Costs | 6,211,710 | 6,553,668 | 9,954,414 | 7,022,644 | 7,928,387 | 8,175,200 | 15,046,117 | 16,506,992 | 18,579,281 | 17,481,738 | 17,086,717 | 16,901,633 | 13,862,376 | 12,678,606 |
Number Of Employees | 81 | 80 | 106 | 112 | 106 | 101 | 227 | 227 | 237 | 297 | 293 | 262 | 232 | 197 |
EBITDA* | 1,196,554 | 484,874 | -6,942,396 | -45,790,176 | -7,152,707 | -25,237,600 | 4,973,965 | -9,210,057 | -16,212,688 | -33,007,818 | -24,808,845 | -20,937,874 | -22,544,177 | -34,083,061 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 985,162 | 78,909,242 | 58,987,982 | 42,739,168 | 43,996,709 | 24,632,000 | 8,618,715 | 10,833,085 | 13,556,760 | 10,706,139 | 12,805,998 | 17,591,265 | 19,266,735 | 24,646,640 |
Intangible Assets | 0 | 0 | 0 | 33,691 | 133,981 | 240,000 | 353,317 | 370,425 | 18,322 | 24,990 | 32,008 | 45,798 | 0 | 14,573,464 |
Investments & Other | 23,133 | 189,805 | 2,138,416 | 0 | 783 | 45,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 148,462,827 | 77,026,937 | 51,097,389 | 32,298,832 | 41,737,052 | 22,531,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 149,471,123 | 78,909,241 | 58,987,981 | 42,772,859 | 44,130,690 | 24,872,000 | 8,972,032 | 11,203,510 | 13,575,082 | 10,731,129 | 12,838,006 | 17,637,063 | 19,266,735 | 39,220,103 |
Stock & work in progress | 128,859,285 | 128,837,132 | 91,037,712 | 48,823,944 | 50,282,065 | 59,218,400 | 100,231,329 | 102,121,392 | 110,222,154 | 93,618,480 | 94,789,876 | 107,448,559 | 92,046,949 | 91,593,170 |
Trade Debtors | 9,465,539 | 6,648,985 | 5,047,659 | 5,341,221 | 5,971,167 | 13,489,600 | 8,013,984 | 11,134,335 | 12,903,275 | 13,366,654 | 12,794,737 | 11,448,294 | 11,799,303 | 6,511,971 |
Group Debtors | 39,284,460 | 114,380 | 0 | 0 | 0 | 0 | 56,530 | 46,861 | 508,435 | 58,951 | 253,689 | 704,234 | 29,021 | 98,851 |
Misc Debtors | 9,392,948 | 7,464,566 | 18,811,438 | 6,325,315 | 5,382,747 | 7,921,600 | 13,536,893 | 10,866,557 | 14,252,996 | 7,297,193 | 11,101,298 | 14,704,632 | 8,898,490 | 3,509,211 |
Cash | 4,192,725 | 4,653,128 | 1,560,712 | 1,627,360 | 3,400,454 | 4,439,200 | 7,527,521 | 3,879,053 | 4,716,390 | 10,268,486 | 5,177,523 | 1,669,321 | 0 | 0 |
misc current assets | 0 | 1,835,060 | 1,815,997 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 191,194,959 | 149,553,253 | 118,273,518 | 62,117,841 | 65,036,433 | 85,068,800 | 129,366,260 | 128,048,200 | 142,603,252 | 124,609,765 | 124,117,124 | 135,975,043 | 112,773,765 | 101,713,204 |
total assets | 340,666,082 | 228,462,494 | 177,261,499 | 104,890,700 | 109,167,123 | 109,940,800 | 138,338,292 | 139,251,710 | 156,178,334 | 135,340,894 | 136,955,130 | 153,612,106 | 132,040,500 | 140,933,307 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,975 | 3,099,473 | 0 | 31,417,225 | 29,880,527 | 4,140,333 | 3,286,476 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,370,932 | 2,194,344 | 34,834,257 | 41,765,838 |
Trade Creditors | 3,141,353 | 7,330,294 | 7,731,455 | 9,963,958 | 10,576,667 | 9,021,600 | 8,274,323 | 7,540,910 | 11,859,684 | 12,288,863 | 11,370,992 | 12,437,940 | 7,764,091 | 12,258,168 |
Group/Directors Accounts | 9,940,970 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | 1 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 866,305 | 2,034,811 | 5,596,353 | 3,709,942 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 11,322,590 | 7,674,263 | 6,004,143 | 4,155,762 | 5,690,667 | 4,304,000 | 10,886,638 | 18,061,587 | 18,648,748 | 25,973,981 | 24,554,559 | 16,229,919 | 9,958,079 | 9,793,309 |
total current liabilities | 25,271,219 | 17,039,370 | 19,331,952 | 17,829,664 | 16,267,335 | 13,325,600 | 19,160,964 | 25,605,475 | 33,607,909 | 38,262,848 | 69,713,710 | 60,742,732 | 56,696,763 | 67,103,794 |
loans | 368,576,100 | 239,625,362 | 179,227,516 | 98,161,090 | 48,240,225 | 22,936,000 | 4,318,655 | 4,268,818 | 4,337,735 | 0 | 0 | 0 | 6,151,166 | 3,481,609 |
hp & lease commitments | 0 | 183,174 | 2,223,787 | 3,666,849 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,610,149 | 3,309,228 | 3,670,516 | 3,532,826 | 0 |
provisions | 0 | 0 | 598,424 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 368,576,101 | 239,442,188 | 177,302,942 | 94,494,241 | 48,240,225 | 22,936,000 | 4,318,655 | 4,268,818 | 4,337,735 | 3,610,149 | 3,309,228 | 3,670,516 | 6,608,409 | 3,481,609 |
total liabilities | 393,847,320 | 256,481,558 | 196,634,894 | 112,323,905 | 64,507,560 | 36,261,600 | 23,479,619 | 29,874,293 | 37,945,644 | 41,872,997 | 73,022,938 | 64,413,248 | 63,305,172 | 70,585,403 |
net assets | -53,181,238 | -28,019,064 | -19,373,394 | -7,433,205 | 44,659,563 | 73,679,200 | 114,858,673 | 109,377,417 | 118,232,690 | 93,467,898 | 63,932,192 | 89,198,858 | 68,735,328 | 70,347,904 |
total shareholders funds | -53,181,238 | -28,019,063 | -19,373,394 | -7,433,205 | 44,659,563 | 73,679,200 | 114,858,673 | 109,377,417 | 118,232,690 | 93,467,897 | 63,932,191 | 89,198,858 | 68,735,328 | 70,347,904 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | -173,101 | -5,244,094 | -15,187,733 | -50,114,393 | -7,946,408 | -26,220,800 | 533,323 | -14,049,390 | -16,979,922 | -38,914,520 | -31,097,149 | -29,347,537 | -31,185,348 | -43,467,488 |
Depreciation | 1,369,655 | 5,728,968 | 8,209,697 | 4,223,929 | 692,627 | 880,000 | 4,277,001 | 4,772,389 | 755,783 | 5,897,091 | 6,279,414 | 8,405,682 | 8,585,064 | 9,328,583 |
Amortisation | 0 | 0 | 35,640 | 100,289 | 101,073 | 103,200 | 163,641 | 66,944 | 11,451 | 9,611 | 8,890 | 3,982 | 56,107 | 55,844 |
Tax | -158,743 | 28,181 | 26,523 | -92,455 | 325,942 | 342,400 | 1,387,236 | 4,495,686 | 5,004,962 | 2,977,701 | 6,169,166 | 6,792,778 | 4,022,959 | -138,006 |
Stock | 22,153 | 37,799,420 | 42,213,768 | -1,458,121 | -8,936,335 | -41,012,929 | -1,890,063 | -8,100,762 | 16,603,674 | -1,171,396 | -12,658,683 | 15,401,610 | 453,779 | 91,593,170 |
Debtors | 115,350,906 | 16,298,384 | 30,991,117 | -9,125,597 | 9,148,565 | 22,334,992 | -440,345 | -5,616,954 | 6,941,909 | -3,426,926 | -2,707,437 | 6,130,346 | 10,606,782 | 10,120,033 |
Creditors | -4,188,941 | -401,160 | -2,232,504 | -612,709 | 1,555,067 | 747,277 | 733,413 | -4,318,773 | -429,179 | 917,872 | -1,066,948 | 4,673,848 | -4,494,077 | 12,258,168 |
Accruals and Deferred Income | 3,648,327 | 1,670,120 | 1,848,381 | -1,534,905 | 1,386,667 | -6,582,638 | -7,174,949 | -587,161 | -7,325,233 | 1,419,422 | 8,324,640 | 6,271,840 | 164,770 | 9,793,309 |
Deferred Taxes & Provisions | 0 | -598,424 | 598,424 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -114,875,862 | -52,914,213 | -79,906,457 | -37,446,526 | -4,097,262 | -12,052,624 | 2,250,073 | 4,097,411 | -42,507,721 | -23,094,501 | 3,984,133 | -24,731,363 | -33,911,086 | -113,882,793 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | -166,672 | -1,948,611 | 2,138,416 | -783 | -44,817 | 45,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,370,932 | 176,588 | -32,639,913 | -6,931,581 | 41,765,838 |
Group/Directors Accounts | 9,940,970 | 0 | 0 | 0 | 0 | -1 | 0 | -1 | 0 | 0 | 0 | 1 | -1 | 1 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 128,950,738 | 60,397,846 | 81,066,426 | 49,920,865 | 25,304,225 | 18,617,345 | 49,837 | -68,917 | 4,337,735 | 0 | 0 | -6,151,166 | 2,669,557 | 3,481,609 |
Hire Purchase and Lease Commitments | -1,351,680 | -5,602,155 | 443,349 | 7,376,791 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,610,149 | 300,921 | -361,288 | 137,690 | 3,532,826 | 0 |
share issue | ||||||||||||||
interest | -25,872,688 | -5,382,511 | 2,979,693 | -3,105,853 | -17,569,537 | -273,600 | -103,393 | -146,535 | -123,674 | -570,294 | -1,689,289 | -1,755,610 | -1,596,157 | -929,457 |
cash flow from financing | 112,709,696 | 51,365,936 | 84,730,796 | 54,661,912 | 6,528,261 | -3,201,329 | 3,916,989 | 743,318 | 37,623,076 | 63,581,932 | -607,552 | 4,364,900 | 24,820,613 | 159,317,028 |
cash and cash equivalents | ||||||||||||||
cash | -460,403 | 3,092,416 | -66,648 | -1,773,094 | -1,038,746 | -3,088,321 | 3,648,468 | -837,337 | -5,552,096 | 5,090,963 | 3,508,202 | 1,669,321 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -2,975 | -3,096,498 | 3,099,473 | -31,417,225 | 1,536,698 | 25,740,194 | 853,857 | 3,286,476 |
change in cash | -460,403 | 3,092,416 | -66,648 | -1,773,094 | -1,038,746 | -3,088,321 | 3,651,443 | 2,259,161 | -8,651,569 | 36,508,188 | 1,971,504 | -24,070,873 | -853,857 | -3,286,476 |
de beers jewellers limited Credit Report and Business Information
De Beers Jewellers Limited Competitor Analysis
Perform a competitor analysis for de beers jewellers limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
de beers jewellers limited Ownership
DE BEERS JEWELLERS LIMITED group structure
De Beers Jewellers Limited has 2 subsidiary companies.
Ultimate parent company
DE BEERS JEWELLERS LIMITED
04117269
2 subsidiaries
de beers jewellers limited directors
De Beers Jewellers Limited currently has 2 directors. The longest serving directors include Ms Celine Assimon (Sep 2020) and Mr Alex Pregnolato (Sep 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Celine Assimon | United Kingdom | 47 years | Sep 2020 | - | Director |
Mr Alex Pregnolato | United Kingdom | 50 years | Sep 2021 | - | Director |
P&L
December 2022turnover
131.3m
-4%
operating profit
-173.1k
-97%
gross margin
29.9%
-16.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-53.2m
+0.9%
total assets
340.7m
+0.49%
cash
4.2m
-0.1%
net assets
Total assets minus all liabilities
de beers jewellers limited company details
company number
04117269
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
November 2000
age
24
accounts
Full Accounts
ultimate parent company
previous names
de beers diamond jewellers limited (June 2018)
de beers lv limited (November 2006)
See moreincorporated
UK
address
17 charterhouse street, london, EC1N 6RA
last accounts submitted
December 2022
de beers jewellers limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to de beers jewellers limited.
de beers jewellers limited Companies House Filings - See Documents
date | description | view/download |
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