JEWEL UK MIDCO LIMITED
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Next accounts due
2027-01-31 (in 8mo)
Last filed for 2025-04-30
Confirmation statement due
2027-04-11 (in 11mo)
Last made up 2026-03-28
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£216M
+44.9% vs 2024
Employees
0
Average over period
Profit before tax
£77M
+47,193.6% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-04-27
Latest accounts filed cover 2025-04-30; financial figures currently reflect up to 2025-04-27.
| Metric | Trend | 2024-04-28 | 2025-04-27 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | -£164,529 | £77,482,559 | |
| Net profit | -£164,529 | £77,057,283 | |
| Cash | — | — | |
| Total assets less current liabilities | £262,635,712 | £409,236,086 | |
| Net assets | £149,377,369 | £216,394,687 | |
| Equity | £149,377,369 | £216,394,687 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-04-28 | 2025-04-27 |
|---|---|---|---|
| Current ratio | — | 17.52x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors, having made enquiries and assessed the responses of the Directors of Watches of Switzerland Group PLC, have no reason to believe that a material uncertainty exists that may cast doubt about the ability of the Watches of Switzerland Group to continue as a going concern or its ability to continue with the current banking arrangements. On the basis of these enquiries, the support assured by Watches of Switzerland Group PLC, and the assessment of the Company's financial position, the Directors have a reasonable expectation that the Company has adequate resources to continue its operations for the period to 31 October 2026. For this reason, they have continued to adopt the going concern basis in preparing these Financial Statements.”
Group structure
- JEWEL UK MIDCO LIMITED · parent
- Jewel UK Bidco Limited 100%
- Watches of Switzerland Operations Limited 100%
- Aurum Acquisitions Limited 100%
- Watches of Switzerland Company Limited 100%
- Mappin & Webb Limited 100%
- Goldsmiths Limited 100%
- WoS Dormant 1 Limited 100%
- WoS Dormant 2 Limited 100%
- Aurum Insurance (Guernsey) Limited 100%
- Watches of Switzerland Limited 100%
- Aurum Pension Trustees Limited 100%
- Audemars Piguet (Manchester) Limited 40%
- Watches of Switzerland Group USA Inc. 100%
- Watches of Switzerland (Nevada) LLC 100%
- Watches of Switzerland (A/S) LLC 100%
- Watches of Switzerland LLC 100%
- Mayors Jewellers LLC 100%
- Mayors Jewellers Florida LLC 100%
- Roberto Coin Inc. 100%
- Hodinkee LLC 100%
- RC Employee Services LLC 100%
- RBC 100 LLC 100%
- Hodinkee Insurance Holding Inc. 100%
- Hodinkee Insurance Agency Inc. 100%
- WOSG (Ireland) Limited 100%
- Watches of Switzerland Group (Denmark) ApS 100%
- Watches of Switzerland Group (Sweden) AB 100%
- W123 BV 100%
- WOSG (Germany) GmbH 100%
Significant events
- “On 13 December 2024, the Company and the Group refinanced and repaid its $115.0 million term loan facility which was originally taken out to finance the Roberto Coin Inc. acquisition with a new £150.0 million facility, being made up of a £100.0 million Term Loan and £50.0 million multicurrency revolving credit facility.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BATTLEY, Laura | Secretary | 2021-03-15 | — | — |
| DUFFY, Hugh Brian | Director | 2019-07-10 | Jul 1954 | British |
| ROMBERG, Lars Anders Ragnar | Director | 2023-05-12 | Jun 1963 | Swedish |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EARDLEY, Paul Rex | Secretary | 2019-07-10 | 2021-03-15 |
| BRODERICK, Anthony John | Director | 2019-07-10 | 2020-04-30 |
| FLOYDD, William James Spencer | Director | 2022-01-01 | 2023-05-12 |
| HAID, Philipp Emanuel | Director | 2014-08-26 | 2018-10-31 |
| NOTTIN, Fabrice Aurelien | Director | 2012-11-23 | 2019-07-10 |
| RABA, Michele | Director | 2012-11-23 | 2019-07-10 |
| ROMBERG, Lars Anders Ragnar | Director | 2019-07-10 | 2022-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Watches Of Switzerland Group Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-05-24 | Active |
| Jewel Uk Topco Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2019-05-17 |
Filing timeline
Last 20 of 76 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-20 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-22 | AA | accounts | Accounts with accounts type full | |
| 2024-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-24 | AA | accounts | Accounts with accounts type full | |
| 2023-05-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-11 | AA | accounts | Accounts with accounts type full | |
| 2022-03-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-03-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-01-04 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-18 | AA | accounts | Accounts with accounts type full | |
| 2021-10-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-21 | AA | accounts | Accounts with accounts type full | |
| 2021-03-24 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-03-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-03-08 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.
Year-on-year
FY2024 → FY2025 · period ending 2025-04-27 vs 2024-04-28
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
+44.9%
£149,377,369 £216,394,687
-
Employees
—
Not reported
-
Profit before tax
+47,193.6%
-£164,529 £77,482,559
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
Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.