How much does Warren James (Jewellers) Limited make?

Warren James (Jewellers) Limited reported revenue of £118m and £33.5m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Warren James (Jewellers) Limited have?

Warren James (Jewellers) Limited reported an average of 1,228 employees in the year to 31 Mar 2025.

Is Warren James (Jewellers) Limited profitable?

Yes — Warren James (Jewellers) Limited reported a profit of £33.5m in the year to 31 Mar 2025.

Company No. 01432090 · Incorporated 21 Jun 1979

Warren James (Jewellers) Limited

Registered name: WARREN JAMES (JEWELLERS) LIMITED

Part of WJH Limited group

Warren James (Jewellers) Limited made £118m revenue and £33.5m profit in the year to 31 Mar 2025. read from filing text

Warren James (Jewellers) Limited’s revenue grew 11% to £118m in the year to 31 Mar 2025, with £33.5m profit and 1,228 employees. The company is classified under “other retail sale of new goods in specialised stores (not commercial art galleries and opticians)”; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47789Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)

Status: Active
Location: North West
Age: 47 yrs · since 1979
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£118m

Growth ▲11.1%

Profit

£33.5m

Growth ▲3.6%

Profit margin

28.4%

Gross 49.7%

Employees

1,228

Change ▲8.3%

Profit / employee

£27.3k

Revenue/employee £96.2k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£108m	£104m	£106m	£118m
Cost of sales	£53.2m	£52.5m	£52.7m	£59.4m
Gross profit	£55.1m	£52m	£53.7m	£58.8m
Operating profit	£48.7m	£40.1m	£42.9m	£44.1m
Profit before tax	£48.8m	£40.3m	£43.3m	£44.7m
Profit after tax	£39.7m	£32.6m	£32.4m	£33.5m
Profit (best available)	£39.7m	£32.6m	£32.4m	£33.5m
Staff costs	£20.4m	£22.3m	£24.7m	£29m
Employees (average)	1,256	1,085	1,134	1,228
Ratios
Profit margin	36.6%	31.2%	30.4%	28.4%
Gross margin	50.9%	49.8%	50.5%	49.7%
Revenue per employee	£86.3k	£96.3k	£93.8k	£96.2k
Profit per employee	£31.6k	£30k	£28.5k	£27.3k
Growth (year on year)
Revenue growth	—	▼3.6%	▲1.8%	▲11.1%
Profit growth	—	▼17.9%	▼0.7%	▲3.6%
Headcount growth	—	▼13.6%	▲4.5%	▲8.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£87.3m	£3m	£4.7m	£34.2m
Net assets	£240m	£272m	£305m	£238m
Fixed assets	£8.1m	£13.2m	£13.1m	£14.3m
Current assets	£244m	£269m	£298m	£229m
Debtors	£145m	£256m	£283m	£183m
Deferred income	£2m	£428k	£138k	£158k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 28.4%; Profit ÷ revenue.
Gross margin: 49.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £96.2k; Revenue ÷ average employees.
Profit per employee: £27.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 154.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼22%; Now £238m
Cash at bank: ▲628%; Now £34.2m
Headcount: ▲8%; Now 1,228
Deferred income: ▲14%; Now £158k
Fixed assets: ▲9%; Now £14.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

WJH Limitedultimate parent75–100%
Warren James (Jewellers) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £33.5m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.