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Company No. 07976515 · Incorporated 5 Mar 2012

Pearl Chemist Limited

Registered name: PEARL CHEMIST LIMITED

Part of Pearl Chemist Group Limited group

Pearl Chemist Limited made £47.9m revenue and a £730k loss in the year to 31 Oct 2023.

Pearl Chemist Limited’s revenue grew 4% to £47.9m in the year to 31 Oct 2023, with a loss of £730k and 32 employees. The company is classified under “dispensing chemist in specialised stores” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47730Dispensing chemist in specialised stores
Status
Active
Location
London, London
Age
14 yrs · since 2012
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 Oct 2023

Key figures

Revenue
£47.9m
Growth ▲3.7%
Profit
−£730k
Growth ▼204.5%
Profit margin
−1.5%
Gross 24.9%
Employees
32
Change ▲18.5%
Profit / employee
−£22.8k
Revenue/employee £1.5m
Profitable streak
0yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 202231 Oct 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£46.2m£47.9m
Cost of sales£35.4m£36m
Gross profit£10.8m£11.9m
Operating profit£189k£365k
Profit before tax£803k−£290k
Profit after tax£699k−£730k
Profit (best available)£699k−£730k
Staff costs£765k£977k
Employees (average)2732
Ratios
Profit margin1.5%−1.5%
Gross margin23.5%24.9%
Revenue per employee£1.7m£1.5m
Profit per employee£25.9k−£22.8k
Growth (year on year)
Revenue growth—▲3.7%
Profit growth—▼204.5%
Headcount growth—▲18.5%
Balance sheet — indirect signals, not revenue
Cash at bank£75.5k£43k
Net assets£1.8m£979k
Fixed assets£16.9m£22.8m
Current assets£10.9m£9.4m
Debtors£6.6m£5.1m
Deferred income£25.1k£30k
SourceAccounts · bulk data Jul 2024Accounts · bulk data Jul 2024
Derived from the latest filing

How the business works

Profit margin
−1.5%
Profit ÷ revenue.
Gross margin
24.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.5m
Revenue ÷ average employees.
Profit per employee
−£22.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
47.6%
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
10.6%
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
▼46%
Now £979k
Cash at bank
▼43%
Now £43k
Headcount
▲19%
Now 32
Deferred income
▲20%
Now £30k
Fixed assets
▲35%
Now £22.8m

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

  1. Pearl Chemist Group Limitedultimate parent75–100%
  2. Pearl Chemist Limitedthis company

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

Subsidiaries (3)

Sister companies (7)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Oct 2023 (profit −£730k), from the Companies House accounts bulk data published Jul 2024. 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.