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Neve Jewels Limited

06453160

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

7 HATTON GARDEN, LONDON, EC1N 8AD
Incorporated 13/12/2007

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/07/2025

Due 10/08/2026

On track

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Mr Abhishek Vastupal Madhani Jain

director · Since 20/12/2007

JEWELLER

INDIAN · INDIA · Age 38

Priyaj Vastupal Madhani Jain

director · Since 15/01/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Mr Jigar Surendra Mehta

director · Since 30/10/2012

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 41

Also on 2 other boards

Former

Mr Anuj Vastupal Madhani

director · Resigned 01/09/2026

Persons with Significant Control

Mr Priyaj Vastupal Madhani Jain

Significant control

British · England · Age 41

3rd & 4th Floor Colonial Building, 59-61 Hatton Garden, London, EC1N 8LS

Notified 13/12/2016

Mr Anuj Vastupal Madhani

Significant control

Indian · India · Age 37

3rd & 4th Floor Colonial Building, 59-61 Hatton Garden, London, EC1N 8LS

Notified 13/12/2016

Mr Vastupal Babulal Jain

Significant control

Indian · India · Age 64

3rd & 4th Floor Colonial Building, 59-61 Hatton Garden, London, EC1N 8LS

Notified 27/07/2021

Mr Abhishek Vastupal Madhani Jain

Significant control

Indian · India · Age 38

3rd & 4th Floor Colonial Building, 59-61 Hatton Garden, London, EC1N 8LS

Notified 27/07/2021

Former PSCs

Mr Priyaj Vastupal Madhani Jain

Ceased 13/12/2018

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 12/05/2009Registered 15/05/2009

CompanyRankvs 360+ SIC 47770 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

of these financial statements. No material uncertainties have been identified that cast doubt on its ability to continue as a going concern. MODERN SLAVERY STATEMENT Neve Jewels LTD fully embrace the aims and ideals of Modern Slavery Act 2015, and have embarked on a journey on how to analyse and thenimplement its intention throughout our

Key FinancialsYear ending 31/12/2024

Turnover

£43.1M

Annual revenue

Net Worth

£11.9M

Balance sheet strength

Cash

£4.0M

Cash in the bank

Profit Before Tax

£2.7M

Bottom line earnings

Net Current Assets

£9.7M

Working capital

Current Assets

£24.3M

Current Liabilities

£14.6M

Fixed Assets

£3.7M

Debtors

£17.6M

Cost of Sales

£20.1M

Gross Profit

£23.0M

Admin Expenses

£12.1M

Operating Profit

£2.8M

Profit After Tax

£1.8M

144avg. employees+47

Tax at Year End

Corp tax£640k

People Costs

Wages & salaries£3.9M
NI contributions£378k

Balance Sheet

Intangible assets£692k
Bank loans & overdrafts£604k
Assets less current liabilities£13.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.66+£1.8M
20232.33

Derived from filed accounts. Not audited figures.