Pelicans Limited
Registered name: PELICANS LIMITED
Pelicans Limited made £10.9m revenue and £646 profit in the year to 31 May 2025.
Pelicans Limited’s revenue fell 14% to £10.9m in the year to 31 May 2025, with £646 profit and 18 employees. The company is classified under “activities of head offices” and is based in Harrow; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Harrow, London
- Age
- 42 yrs · since 1983
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2021 | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | — | — | £12.6m | £10.9m |
| Cost of sales | £9m | £9m | £11.2m | £10.3m | £9.3m |
| Gross profit | — | — | — | £2.4m | £1.5m |
| Operating profit | — | — | — | £472k | £39.1k |
| Profit before tax | — | — | — | £592k | £24.5k |
| Profit after tax | −£3k | £3.4m | −£28.5k | £1.1k | £646 |
| Profit (best available) | −£3k | £3.4m | −£28.5k | £1.1k | £646 |
| Staff costs | £0 | £0 | £0 | £0 | £1.1m |
| Employees (average) | 0 | 0 | 0 | 0 | 18 |
| Ratios | |||||
| Profit margin | — | — | — | 0% | 0% |
| Gross margin | — | — | — | 18.8% | 14.1% |
| Revenue per employee | — | — | — | — | £605k |
| Profit per employee | — | — | — | — | £36 |
| Cash conversion | — | — | — | 5.3% | 2688% |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | — | ▼13.7% |
| Profit growth | — | — | ▼100.8% | — | ▼41.9% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £420 | £387 | £354 | £354 | £173k |
| Net assets | — | £92.7k | £64.2k | £767k | £65.9k |
| Fixed assets | £7.2m | £299k | £117k | £117k | £336k |
| Current assets | £476k | £1.9m | £1.8m | £481k | £427k |
| Debtors | £0 | £0 | £0 | £0 | £3.4m |
| Deferred income | £7k | £7.5k | £36k | £59.7k | £54.2k |
| Cash from operations | £31 | £32 | £33 | £25k | £1.1m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 14.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £605k
- Revenue ÷ average employees.
- Profit per employee
- £36
- Profit ÷ average employees.
- Cash conversion
- 2688%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 31.2%
- Money owed by customers. Low = customers pay quickly.
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
- ▼91%
- Now £65.9k
- Cash at bank
- ▲48691%
- Now £173k
- Headcount
- —
- Now 18
- Deferred income
- ▼9%
- Now £54.2k
- Fixed assets
- ▲187%
- Now £336k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Pelicans Manufacturing Co. LtdRev. £7.8m · Profit £50.9k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £646), from the Companies House accounts bulk data published May 2026. 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.