pearl income holdings uk limited
pearl income holdings uk limited Company Information
Company Number
11065839
Next Accounts
Sep 2025
Shareholders
glp europe income partners i scsp
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
50 new bond street, london, W1S 1BJ
Website
-pearl income holdings uk limited Estimated Valuation
Pomanda estimates the enterprise value of PEARL INCOME HOLDINGS UK LIMITED at £356.1m based on a Turnover of £96m and 3.71x industry multiple (adjusted for size and gross margin).
pearl income holdings uk limited Estimated Valuation
Pomanda estimates the enterprise value of PEARL INCOME HOLDINGS UK LIMITED at £0 based on an EBITDA of £-27.6m and a 15.49x industry multiple (adjusted for size and gross margin).
pearl income holdings uk limited Estimated Valuation
Pomanda estimates the enterprise value of PEARL INCOME HOLDINGS UK LIMITED at £160m based on Net Assets of £122.6m and 1.31x industry multiple (adjusted for liquidity).
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Pearl Income Holdings Uk Limited Overview
Pearl Income Holdings Uk Limited is a live company located in london, W1S 1BJ with a Companies House number of 11065839. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 2017, it's largest shareholder is glp europe income partners i scsp with a 100% stake. Pearl Income Holdings Uk Limited is a young, large sized company, Pomanda has estimated its turnover at £96m with low growth in recent years.
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Pearl Income Holdings Uk Limited Health Check
Pomanda's financial health check has awarded Pearl Income Holdings Uk Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £96m, make it larger than the average company (£18.9m)
£96m - Pearl Income Holdings Uk Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (10.5%)
3% - Pearl Income Holdings Uk Limited
10.5% - Industry AVG
Production
with a gross margin of 72.7%, this company has a lower cost of product (36.3%)
72.7% - Pearl Income Holdings Uk Limited
36.3% - Industry AVG
Profitability
an operating margin of -28.7% make it less profitable than the average company (4.5%)
-28.7% - Pearl Income Holdings Uk Limited
4.5% - Industry AVG
Employees
with 503 employees, this is above the industry average (104)
- Pearl Income Holdings Uk Limited
104 - Industry AVG
Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)
- Pearl Income Holdings Uk Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £190.9k, this is equally as efficient (£191k)
- Pearl Income Holdings Uk Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (45 days)
7 days - Pearl Income Holdings Uk Limited
45 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Pearl Income Holdings Uk Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pearl Income Holdings Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Pearl Income Holdings Uk Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.1%, this is a higher level of debt than the average (69.6%)
87.1% - Pearl Income Holdings Uk Limited
69.6% - Industry AVG
PEARL INCOME HOLDINGS UK LIMITED financials
Pearl Income Holdings Uk Limited's latest turnover from December 2023 is £96 million and the company has net assets of £122.6 million. According to their latest financial statements, we estimate that Pearl Income Holdings Uk Limited has 503 employees and maintains cash reserves of £31.7 million 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | 96,045,255 | 83,973,320 | 82,572,837 | 87,305,060 | 82,449,050 | 132,366,063 | 1,817,237 |
| Other Income Or Grants | |||||||
| Cost Of Sales | 26,258,021 | 28,540,189 | 23,908,987 | 23,264,341 | 20,380,829 | 76,182,584 | 41,576 |
| Gross Profit | 69,787,234 | 55,433,131 | 58,663,850 | 64,040,720 | 62,068,221 | 56,183,480 | 1,775,660 |
| Admin Expenses | 97,389,395 | 149,167,511 | -266,627,057 | -62,684,802 | -95,700,345 | 5,542,018 | 11,133,824 |
| Operating Profit | -27,602,161 | -93,734,380 | 325,290,907 | 126,725,522 | 157,768,566 | 50,641,462 | -9,358,164 |
| Interest Payable | 31,232,692 | 24,924,856 | 25,530,323 | 22,074,850 | 22,258,204 | 20,732,844 | 313,556 |
| Interest Receivable | 835,021 | 1,242,713 | |||||
| Pre-Tax Profit | -57,999,831 | -118,659,237 | 299,784,350 | 105,870,575 | 101,108,808 | 93,926,716 | -9,671,719 |
| Tax | 4,788,923 | 7,697,568 | -46,089,253 | -13,591,282 | -26,007,772 | -18,312,130 | -357,731 |
| Profit After Tax | -53,210,908 | -110,961,668 | 253,695,097 | 92,279,294 | 75,101,036 | 75,614,585 | -10,029,450 |
| Dividends Paid | 13,297,872 | 11,821,175 | 7,129,654 | 47,309,284 | 23,316,062 | 8,063,071 | |
| Retained Profit | -61,542,553 | -111,092,536 | 222,598,363 | 35,383,966 | 44,355,786 | 54,926,536 | -10,045,041 |
| Employee Costs | 262,451 | ||||||
| Number Of Employees | 14 | 53 | |||||
| EBITDA* | -27,602,161 | -93,734,380 | 325,290,907 | 157,299,991 | 189,021,588 | 87,337,394 | -9,358,164 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,702,670,550 | 1,774,312,732 | 2,003,015,580 | 1,623,070,879 | 1,595,475,820 | 1,493,551,335 | 1,238,292,767 |
| Intangible Assets | 87,707,700 | 87,707,700 | 91,436,493 | 87,759,567 | 89,707,254 | 128,755,599 | 181,821,568 |
| Investments & Other | 1,701,675,109 | 1,770,966,734 | 1,999,202,534 | 1,623,026,103 | 1,595,116,579 | 1,470,911,127 | 1,215,855,348 |
| Debtors (Due After 1 year) | 995,440 | 3,345,997 | 1,906,522 | 359,240 | 1,155,706 | ||
| Total Fixed Assets | 1,790,378,250 | 1,862,020,432 | 2,092,545,550 | 1,710,830,446 | 1,685,183,074 | 1,622,306,934 | 1,420,114,335 |
| Stock & work in progress | |||||||
| Trade Debtors | 1,865,079 | 2,782,844 | 1,419,769 | 1,377,883 | 3,622,625 | 8,406,200 | 10,579,472 |
| Group Debtors | 68,860,182 | 67,660,418 | 74,100,871 | 66,623,299 | 74,603,626 | 68,470,704 | 13,993,936 |
| Misc Debtors | 11,161,769 | 15,796,183 | 13,729,425 | 13,520,317 | 15,931,778 | 10,593,979 | 39,146,816 |
| Cash | 31,715,636 | 20,677,980 | 23,745,268 | 34,893,131 | 52,269,430 | 102,022,934 | 201,487,223 |
| misc current assets | 5,653,495 | 4,869,132 | 16,724 | 1,962,910 | 681,572,109 | ||
| total current assets | 122,096,420 | 113,682,033 | 113,012,059 | 116,414,632 | 146,427,461 | 191,456,728 | 946,779,558 |
| total assets | 1,912,474,670 | 1,975,702,465 | 2,205,557,609 | 1,827,245,078 | 1,831,610,535 | 1,813,763,662 | 2,366,893,893 |
| Bank overdraft | 1,477,939,885 | 904,010,469 | 931,236,687 | 571,691,307 | 569,727,116 | 637,026,519 | 1,112,202,685 |
| Bank loan | |||||||
| Trade Creditors | 747,214 | 758,736 | 5,690,631 | 12,501,727 | 11,906,468 | 5,829,363 | |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | 26,189 | ||||||
| other current liabilities | 24,868,286 | 27,598,782 | 26,122,698 | 25,228,518 | 33,187,390 | 31,807,918 | 156,976,178 |
| total current liabilities | 1,502,808,173 | 932,356,467 | 958,118,123 | 602,636,648 | 615,416,235 | 680,740,907 | 1,275,008,229 |
| loans | 25,043,904 | 1,129,008,780 | 1,194,692,368 | 1,751,514,740 | 1,820,473,228 | 1,809,668,518 | 1,701,699,436 |
| hp & lease commitments | 23,654 | ||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 4,142,052 | ||||||
| provisions | 299,650,454 | 319,527,186 | 348,265,116 | 247,790,824 | 219,818,652 | 189,075,434 | 166,196,620 |
| total long term liabilities | 162,347,180 | 724,267,983 | 771,478,742 | 999,652,783 | 1,020,145,941 | 999,371,976 | 938,090,082 |
| total liabilities | 1,665,155,353 | 1,656,624,450 | 1,729,596,865 | 1,602,289,431 | 1,635,562,176 | 1,680,112,883 | 2,213,098,311 |
| net assets | 122,603,005 | 190,331,814 | 326,452,777 | 108,906,817 | 80,914,508 | 26,201,398 | -18,668,687 |
| total shareholders funds | 122,603,006 | 190,331,814 | 326,452,777 | 108,906,818 | 80,914,508 | 26,201,398 | -18,668,688 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -27,602,161 | -93,734,380 | 325,290,907 | 126,725,522 | 157,768,566 | 50,641,462 | -9,358,164 |
| Depreciation | |||||||
| Amortisation | 30,574,469 | 31,253,022 | 36,695,932 | ||||
| Tax | 4,788,923 | 7,697,568 | -46,089,253 | -13,591,282 | -26,007,772 | -18,312,130 | -357,731 |
| Stock | |||||||
| Debtors | -6,702,972 | -1,571,145 | 9,635,088 | -12,995,771 | 5,890,682 | 24,906,364 | 63,720,225 |
| Creditors | -747,214 | -11,522 | -4,931,895 | -6,811,096 | 595,259 | 6,077,105 | 5,829,363 |
| Accruals and Deferred Income | -2,730,496 | 1,476,084 | 894,180 | -7,958,872 | 1,379,472 | -125,168,260 | 156,976,178 |
| Deferred Taxes & Provisions | -19,876,732 | -28,737,930 | 100,474,292 | 27,972,172 | 30,743,218 | 22,878,814 | 166,196,620 |
| Cash flow from operations | -39,464,708 | -111,739,035 | 366,003,143 | 169,906,684 | 189,841,083 | 255,566,041 | |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -69,291,625 | -228,235,800 | 376,176,431 | 27,909,524 | 124,205,452 | 255,055,779 | 1,215,855,348 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | -1,103,964,876 | -65,683,588 | -556,822,372 | -68,958,488 | 10,804,710 | 107,969,082 | 1,701,699,436 |
| Hire Purchase and Lease Commitments | -49,843 | 49,843 | |||||
| other long term liabilities | -4,142,052 | 4,142,052 | |||||
| share issue | |||||||
| interest | -30,397,671 | -24,924,856 | -25,530,323 | -20,832,137 | -22,258,204 | -20,732,844 | -313,556 |
| cash flow from financing | -1,140,548,802 | -115,636,871 | -587,454,942 | -97,132,438 | -1,096,170 | 73,037,735 | 1,696,904,285 |
| cash and cash equivalents | |||||||
| cash | 11,037,656 | -3,067,288 | -11,147,863 | -17,376,299 | -49,753,504 | -99,464,289 | 201,487,223 |
| overdraft | 573,929,416 | -27,226,218 | 359,545,380 | 1,964,191 | -67,299,403 | -475,176,166 | 1,112,202,685 |
| change in cash | -562,891,760 | 24,158,930 | -370,693,243 | -19,340,490 | 17,545,899 | 375,711,877 | -910,715,462 |
pearl income holdings uk limited Credit Report and Business Information
Pearl Income Holdings Uk Limited Competitor Analysis
Perform a competitor analysis for pearl income holdings uk limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in W1S area or any other competitors across 12 key performance metrics.
pearl income holdings uk limited Ownership
PEARL INCOME HOLDINGS UK LIMITED group structure
Pearl Income Holdings Uk Limited has 1 subsidiary company.
Ultimate parent company
GLP EUROPE INCOME PARTNERS I SCSP
#0031583
1 parent
PEARL INCOME HOLDINGS UK LIMITED
11065839
1 subsidiary
pearl income holdings uk limited directors
Pearl Income Holdings Uk Limited currently has 3 directors. The longest serving directors include Ms Sylvia Slaughter (May 2019) and Mr Richard Hargreaves (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Sylvia Slaughter | 45 years | May 2019 | - | Director | |
| Mr Richard Hargreaves | 47 years | May 2019 | - | Director | |
| Jonathan Hill | 38 years | Oct 2023 | - | Director |
P&L
December 2023turnover
96m
+14%
operating profit
-27.6m
-71%
gross margin
72.7%
+10.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
122.6m
-0.36%
total assets
1.9b
-0.03%
cash
31.7m
+0.53%
net assets
Total assets minus all liabilities
pearl income holdings uk limited company details
company number
11065839
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
KPMG LLP
address
50 new bond street, london, W1S 1BJ
Bank
CITIBANK UK
Legal Advisor
-
pearl income holdings uk 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 found 4 charges/mortgages relating to pearl income holdings uk limited. Currently there are 4 open charges and 0 have been satisfied in the past.
pearl income holdings uk 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 income holdings uk limited Companies House Filings - See Documents
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