LIGHTBOX JEWELRY LTD.

• ⚠

  Material uncertainty over going concern

  Together, these circumstances represent a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern.

1. LIGHTBOX JEWELRY LTD. 2018-05-03 → present
2. DB NEWCO LIMITED 2017-09-15 → 2018-05-03

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Together, these circumstances represent a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern.”

Group structure

1. LIGHTBOX JEWELRY LTD. · parent
   1. Lightbox Jewelry Inc. 1% · USA

Significant events

• “In May 2025, De Beers announced its decision to close the Lightbox business as part of the wider Origins strategy. Since that announcement, the Directors have overseen the orderly wind-down of operational activities, including the cessation of new trading, the fulfilment of outstanding customer commitments, and the realisation of working capital balances such as inventory and receivables.”
• “Subsequent to 31 December 2024, the Company paid down $64,512,483 on its intercompany loan facility, and ultimately De Beers UK Limited waived the intercompany loan of $185,114,067 on 4th December 2025.”
• “On 12 November 2025, the Company formally released the recipient company and the Directors from any claim the Company may have for repayment.”
• “In addition to the waiver of the intercompany loan referenced above, the Company undertook a capital reduction on 08 December 2025 by special resolution supported by a solvency statement in accordance with the Companies Act s.641. 104,666,766 GBP £1 ordinary shares were cancelled, leaving one share outstanding. The share premium reserve was reduced to nil.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

2

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +16.7%

  £26,369,904 → £30,769,459

• Cash

  -52.2%

  £4,111,193 → £1,965,901

• Net assets

  -196.6%

  -£34,146,775 → -£101,294,292

• Employees

  —

  Not reported

• Operating profit

  +15.6%

  -£66,100,074 → -£55,794,663

• Profit before tax

  +10.2%

  -£75,141,586 → -£67,513,714

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