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London DE

London DE is the UK’s leading supplier of certified diamonds, emeralds, rubies, sapphires and other coloured gemstones. The company is led by founder Phil Spencer, this week’s guest on The Next 100 Days Podcast.

Phil Spencer, London DE, The Next 100 Days Podcast

Summary of the Podcast

Introduction to London DE and its Founder Philip Spencer

  • Philip Spencer introduced London DE, the fine jewellery and gold trading company he runs.
  • He discussed his background in the Royal Navy.
  • Phil shared how he became interested in gemstones, leading him to found London DE over a decade ago based in London, Dubai and Colombia.

London DE’s ethical gold and gemstone sourcing 

  • Phil Spencer discussed London DE’s ethical sourcing directly from mines in Colombia, ensuring fair pay and conditions for workers.
  • He emphasised transparency in their supply chain from origin to sale.

London DE’s expansion plans and investment opportunities 

  • Phil outlined London DE’s plans to expand to the US, Southeast Asia and launch new brands and platforms.
  • He described investment opportunities like loan notes that provide secure monthly returns to fund their diversification across jewellery, gold and gemstone markets globally.

Due diligence on London DE and evaluating investment risk

  • The discussion evaluated London DE’s strong experience and relationships mitigating investment risk.
  • While returns seemed promising, diligence was emphasised given the sector’s complexities and bad actors.
  • Phil assured protections like asset-backed funding and diversification of revenues and markets.

Clips From the Podcast

Phil is a Royal Navy Reservist

Why Phil’s Office on Hatton Garden is Sort of Famous!


How Phil Got Started


Columbian Emeralds


Mine to Market


Ethical Credentials


Loan Note – What Should an Investor Consider?


Are All Stones Created Equal?


Risk Exposure


Being a Founder



Phil’s Testimonial

Contact London DE

Phil Spencer, London DE, The Next 100 Days Podcast, Contact London DE

LOAN NOTE: Special Offer – Pick up the phone and call Craig Phillips on 020 7859 4754 and quote N100D.

The Next 100 Days Podcast Co-Hosts

Graham Arrowsmith

Graham Arrowsmith, Co-Host, The Next 100 Days Podcast

Graham is “The High Net Worth Data Guy” who founded Finely Fettled to help business owners and marketers market to affluent and high-net-worth customers.  Now get all-inclusive affluent direct mail campaigns combining A lister copy, design, print and postage for £599+vat, without the DIY hassle. Find Graham on LinkedIn.

Kevin Appleby

Kevin Appleby, Co-Host, The Next 100 Days Podcast

Kevin specialises in finance transformation and implementing business change. He’s the COO of GrowCFO, which provides both community and CPD-accredited training designed to grow the next generation of finance leaders. You can find Kevin on LinkedIn and at