pearl assurance group holdings limited
pearl assurance group holdings limited Company Information
Company Number
03245996
Next Accounts
Sep 2025
Shareholders
pearl group holdings (no. 2) ltd
Group Structure
View All
Industry
Activities of financial services holding companies
Registered Address
1 wythall green way, wythall, birmingham, B47 6WG
Website
http://thephoenixgroup.compearl assurance group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of PEARL ASSURANCE GROUP HOLDINGS LIMITED at £183.2m based on a Turnover of £58.6m and 3.13x industry multiple (adjusted for size and gross margin).
pearl assurance group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of PEARL ASSURANCE GROUP HOLDINGS LIMITED at £0 based on an EBITDA of £-813m and a 11.57x industry multiple (adjusted for size and gross margin).
pearl assurance group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of PEARL ASSURANCE GROUP HOLDINGS LIMITED at £0 based on Net Assets of £0 and 1.67x industry multiple (adjusted for liquidity).
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Pearl Assurance Group Holdings Limited Overview
Pearl Assurance Group Holdings Limited is a live company located in birmingham, B47 6WG with a Companies House number of 03245996. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in September 1996, it's largest shareholder is pearl group holdings (no. 2) ltd with a 100% stake. Pearl Assurance Group Holdings Limited is a mature, large sized company, Pomanda has estimated its turnover at £58.6m with rapid growth in recent years.
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Pearl Assurance Group Holdings Limited Health Check
Pomanda's financial health check has awarded Pearl Assurance Group Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
1 Weak
Size
annual sales of £58.6m, make it larger than the average company (£11.7m)
£58.6m - Pearl Assurance Group Holdings Limited
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (9.2%)
43% - Pearl Assurance Group Holdings Limited
9.2% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (78.9%)
100% - Pearl Assurance Group Holdings Limited
78.9% - Industry AVG
Profitability
an operating margin of -1387.4% make it less profitable than the average company (9.5%)
-1387.4% - Pearl Assurance Group Holdings Limited
9.5% - Industry AVG
Employees
with 115 employees, this is above the industry average (65)
- Pearl Assurance Group Holdings Limited
65 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Pearl Assurance Group Holdings Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £509.6k, this is more efficient (£212k)
- Pearl Assurance Group Holdings Limited
£212k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Pearl Assurance Group Holdings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Pearl Assurance Group Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pearl Assurance Group Holdings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pearl Assurance Group Holdings Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Pearl Assurance Group Holdings Limited
- - Industry AVG
PEARL ASSURANCE GROUP HOLDINGS LIMITED financials
Pearl Assurance Group Holdings Limited's latest turnover from December 2023 is £58.6 million and the company has net assets of 0. According to their latest financial statements, we estimate that Pearl Assurance Group Holdings Limited has 115 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 58,600,000 | 28,500,000 | 17,200,000 | 19,900,000 | 23,400,000 | 19,600,000 | 18,300,000 | 19,300,000 | 18,300,000 | 11,300,000 | 24,700,000 | 21,200,000 | 19,600,000 | 19,000,000 | 38,600,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | 58,600,000 | 28,500,000 | 17,200,000 | 19,900,000 | 23,400,000 | ||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 19,900,000 | ||||||||||||||
| Interest Payable | 2,900,000 | 1,800,000 | 2,400,000 | 2,600,000 | 2,700,000 | 2,400,000 | 2,300,000 | 3,400,000 | 3,100,000 | 3,200,000 | 2,300,000 | 5,200,000 | 3,700,000 | 1,300,000 | 1,800,000 |
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -799,900,000 | 26,700,000 | 14,800,000 | 17,300,000 | 20,700,000 | 17,200,000 | 16,000,000 | 17,000,000 | 15,200,000 | 8,100,000 | 22,400,000 | 16,000,000 | 15,900,000 | 17,700,000 | 36,800,000 |
| Tax | -13,100,000 | -5,100,000 | -2,800,000 | -3,300,000 | -3,900,000 | -3,300,000 | -3,100,000 | -3,400,000 | -3,100,000 | -1,700,000 | -5,200,000 | -3,900,000 | -4,200,000 | -4,900,000 | -9,800,000 |
| Profit After Tax | -813,000,000 | 21,600,000 | 12,000,000 | 14,000,000 | 16,800,000 | 13,900,000 | 12,900,000 | 13,600,000 | 12,100,000 | 6,400,000 | 17,200,000 | 12,100,000 | 11,700,000 | 12,800,000 | 27,000,000 |
| Dividends Paid | 13,000,000 | 10,900,000 | 9,200,000 | 61,300,000 | 113,500,000 | ||||||||||
| Retained Profit | -813,000,000 | 21,600,000 | 12,000,000 | 14,000,000 | 16,800,000 | 900,000 | 12,900,000 | 13,600,000 | 12,100,000 | 6,400,000 | 17,200,000 | 1,200,000 | 2,500,000 | -48,500,000 | -86,500,000 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 19,900,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,300,000 | 1,700,000 | |||||||||||||
| Group Debtors | 874,500,000 | 860,200,000 | 841,300,000 | 823,800,000 | 809,500,000 | 764,100,000 | 100,000 | 100,000 | 687,600,000 | 811,300,000 | |||||
| Misc Debtors | 3,900,000 | 1,600,000 | 1,300,000 | 2,000,000 | 1,600,000 | 1,600,000 | |||||||||
| Cash | 15,000,000 | 19,900,000 | 42,700,000 | 30,200,000 | 24,400,000 | 75,800,000 | |||||||||
| misc current assets | 915,000,000 | 889,700,000 | 600,000 | 600,000 | 600,000 | 14,600,000 | 14,600,000 | 29,300,000 | 986,000,000 | 958,400,000 | 978,400,000 | 946,500,000 | 1,500,000 | 1,700,000 | |
| total current assets | 918,900,000 | 891,300,000 | 876,400,000 | 862,800,000 | 843,200,000 | 840,100,000 | 825,700,000 | 810,000,000 | 1,006,000,000 | 1,001,200,000 | 1,008,600,000 | 970,900,000 | 764,900,000 | 813,000,000 | |
| total assets | 918,900,000 | 891,300,000 | 876,400,000 | 862,800,000 | 843,200,000 | 840,100,000 | 825,700,000 | 810,000,000 | 1,006,000,000 | 1,001,200,000 | 1,008,600,000 | 970,900,000 | 764,900,000 | 813,000,000 | |
| Bank overdraft | |||||||||||||||
| Bank loan | 57,900,000 | ||||||||||||||
| Trade Creditors | |||||||||||||||
| Group/Directors Accounts | 67,300,000 | 65,700,000 | 64,100,000 | 211,200,000 | 211,200,000 | 211,200,000 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 7,200,000 | 2,800,000 | 1,500,000 | 3,900,000 | 3,300,000 | 3,100,000 | 3,400,000 | 3,100,000 | 1,700,000 | 5,200,000 | 30,700,000 | 4,200,000 | 4,100,000 | 5,000,000 | |
| total current liabilities | 74,500,000 | 68,500,000 | 65,600,000 | 3,900,000 | 3,300,000 | 61,000,000 | 3,400,000 | 3,100,000 | 212,900,000 | 216,400,000 | 241,900,000 | 4,200,000 | 4,100,000 | 5,000,000 | |
| loans | 62,100,000 | 59,900,000 | 56,100,000 | 54,300,000 | 52,600,000 | 50,700,000 | 49,800,000 | 251,000,000 | 47,600,000 | 46,300,000 | |||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 62,100,000 | 59,900,000 | 56,100,000 | 54,300,000 | 52,600,000 | 50,700,000 | 49,800,000 | 251,000,000 | 47,600,000 | 46,300,000 | |||||
| total liabilities | 74,500,000 | 68,500,000 | 65,600,000 | 66,000,000 | 63,200,000 | 61,000,000 | 59,500,000 | 57,400,000 | 265,500,000 | 267,100,000 | 291,700,000 | 255,200,000 | 51,700,000 | 51,300,000 | |
| net assets | 844,400,000 | 822,800,000 | 810,800,000 | 796,800,000 | 780,000,000 | 779,100,000 | 766,200,000 | 752,600,000 | 740,500,000 | 734,100,000 | 716,900,000 | 715,700,000 | 713,200,000 | 761,700,000 | |
| total shareholders funds | 844,400,000 | 822,800,000 | 810,800,000 | 796,800,000 | 780,000,000 | 779,100,000 | 766,200,000 | 752,600,000 | 740,500,000 | 734,100,000 | 716,900,000 | 715,700,000 | 713,200,000 | 761,700,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 19,900,000 | ||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -13,100,000 | -5,100,000 | -2,800,000 | -3,300,000 | -3,900,000 | -3,300,000 | -3,100,000 | -3,400,000 | -3,100,000 | -1,700,000 | -5,200,000 | -3,900,000 | -4,200,000 | -4,900,000 | -9,800,000 |
| Stock | |||||||||||||||
| Debtors | -3,900,000 | 2,300,000 | -874,200,000 | 13,600,000 | 19,600,000 | 17,100,000 | 14,400,000 | 45,400,000 | 765,600,000 | 100,000 | -687,600,000 | -123,700,000 | 811,300,000 | ||
| Creditors | |||||||||||||||
| Accruals and Deferred Income | -7,200,000 | 4,400,000 | 1,300,000 | -2,400,000 | 600,000 | 200,000 | -300,000 | 300,000 | 1,400,000 | -3,500,000 | -25,500,000 | 26,500,000 | 100,000 | -900,000 | 5,000,000 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 600,000 | ||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -57,900,000 | 57,900,000 | |||||||||||||
| Group/Directors Accounts | -67,300,000 | 1,600,000 | 1,600,000 | 64,100,000 | -211,200,000 | 211,200,000 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -62,100,000 | 2,200,000 | 59,900,000 | -56,100,000 | 1,800,000 | 1,700,000 | 1,900,000 | 900,000 | -201,200,000 | 203,400,000 | 1,300,000 | 46,300,000 | |||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -2,900,000 | -1,800,000 | -2,400,000 | -2,600,000 | -2,700,000 | -2,400,000 | -2,300,000 | -3,400,000 | -3,100,000 | -3,200,000 | -2,300,000 | -5,200,000 | -3,700,000 | -1,300,000 | -1,800,000 |
| cash flow from financing | -101,600,000 | -200,000 | -800,000 | -600,000 | -500,000 | -400,000 | -500,000 | -1,600,000 | -212,600,000 | -1,300,000 | -1,400,000 | 4,800,000 | 199,700,000 | 892,700,000 | |
| cash and cash equivalents | |||||||||||||||
| cash | -15,000,000 | -4,900,000 | -22,800,000 | 12,500,000 | 5,800,000 | -51,400,000 | 75,800,000 | ||||||||
| overdraft | |||||||||||||||
| change in cash | -15,000,000 | -4,900,000 | -22,800,000 | 12,500,000 | 5,800,000 | -51,400,000 | 75,800,000 |
pearl assurance group holdings limited Credit Report and Business Information
Pearl Assurance Group Holdings Limited Competitor Analysis
Perform a competitor analysis for pearl assurance group holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in B47 area or any other competitors across 12 key performance metrics.
pearl assurance group holdings limited Ownership
PEARL ASSURANCE GROUP HOLDINGS LIMITED group structure
Pearl Assurance Group Holdings Limited has no subsidiary companies.
Ultimate parent company
2 parents
PEARL ASSURANCE GROUP HOLDINGS LIMITED
03245996
pearl assurance group holdings limited directors
Pearl Assurance Group Holdings Limited currently has 2 directors. The longest serving directors include Mr Andrew MacPherson (Nov 2022) and Mrs Arlene Cairns (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew MacPherson | United Kingdom | 52 years | Nov 2022 | - | Director |
| Mrs Arlene Cairns | United Kingdom | 46 years | Jul 2024 | - | Director |
P&L
December 2023turnover
58.6m
+106%
operating profit
-813m
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
0
-1%
total assets
0
-1%
cash
0
0%
net assets
Total assets minus all liabilities
pearl assurance group holdings limited company details
company number
03245996
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
September 1996
age
29
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
chargemight limited (March 1997)
accountant
-
auditor
-
address
1 wythall green way, wythall, birmingham, B47 6WG
Bank
HSBC BANK PLC
Legal Advisor
-
pearl assurance group holdings limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to pearl assurance group holdings limited.
pearl assurance group holdings limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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pearl assurance group holdings limited Companies House Filings - See Documents
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