PAI SKINCARE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-06 (in 4mo)
Last made up 2025-08-23
Watchouts
Cash
£1M
-77.9% vs 2023
Net assets
£2M
-77% vs 2023
Employees
53
-1.9% vs 2023
Profit before tax
-£6M
-62.3% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
3 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £5,402,658 | £6,364,844 | |
| Operating profit | — | — | — | -£3,863,068 | -£6,209,176 | |
| Profit before tax | — | — | — | -£3,884,492 | -£6,304,641 | |
| Net profit | — | — | — | -£3,515,812 | -£6,304,641 | |
| Cash | £1,387,253 | £894,487 | £1,383,937 | £5,290,237 | £1,171,166 | |
| Total assets less current liabilities | £2,842,743 | £960,691 | £4,011,157 | £8,531,206 | £2,526,367 | |
| Net assets | £2,712,832 | £616,372 | £3,680,674 | £8,184,912 | £1,880,271 | |
| Equity | £2,712,832 | £616,372 | £3,680,674 | £8,184,912 | £1,880,271 | |
| Average employees | 46 | 46 | 58 | 54 | 53 | |
| Wages | — | — | — | £1,521,166 | £1,962,201 | |
| Directors' remuneration | — | — | — | £352,038 | £500,059 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+17.8%
£5,402,658 £6,364,844
-
Cash
-77.9%
£5,290,237 £1,171,166
-
Net assets
-77%
£8,184,912 £1,880,271
-
Employees
-1.9%
54 53
-
Operating profit
-60.7%
-£3,863,068 -£6,209,176
-
Profit before tax
-62.3%
-£3,884,492 -£6,304,641
-
Wages
+29%
£1,521,166 £1,962,201
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -71.5% | -97.6% | |
| Net margin | — | — | — | -65.1% | -99.1% | |
| Return on capital employed | — | — | — | -45.3% | -245.8% | |
| Current ratio | — | — | — | 3.41x | 1.54x | |
| Interest cover | — | — | — | -27.50x | -46.11x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Qualified
- Going concern
- Affirmed
“The directors have performed their going concern assessment for the period up to 31 March 2027...The company's indirect parent undertaking, HSNF Ltd, has provided a letter of support stating that they have both the ability and intent to provide financial support to the company until at least 31 March 2027, which the directors agree with. Therefore, they continue to adopt the going concern basis.”
Group structure
- PAI SKINCARE LIMITED · parent
- Pai Skincare BV 100%
- Pai Skincare Canada 100%
Significant events
- “On 17 November 2025, following the 31 December 2024 financial year end, ownership of Pai Skincare Ltd transferred from Famille C Participations to HSNF Ltd, a UK-based beauty e-commerce retailer group. This strategic change in ownership represents a significant milestone in the Company's development, positioning Pai Skincare within a broader digitally-led retail ecosystem and providing access to enhanced commercial, operational and technological capabilities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUX ADVISORY (COMPANY SECRETARY) LIMITED | Corporate Secretary | 2018-08-23 | — | — |
| BROWN, Sarah Lucy Margaret | Director | 2011-04-13 | Nov 1975 | British |
| BRYCE, Michael Rodolfo | Director | 2025-12-11 | Sep 1977 | American |
| MAKSYMENKOV, Roman | Director | 2025-12-11 | Jul 1981 | British |
| SAPER, Rupert | Director | 2011-07-08 | Jun 1975 | British |
| WHITE, Ben | Director | 2025-12-11 | Jan 1979 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Julie | Secretary | 2006-07-26 | 2010-02-01 |
| SEDDON SMITH LIMITED | Corporate Secretary | 2011-04-12 | 2018-08-23 |
| BERENYI, Katalin | Director | 2025-01-10 | 2025-11-17 |
| BROWN, Sarah Lucy Margaret | Director | 2006-07-26 | 2011-04-12 |
| CAZIER, Alexis Philippe André | Director | 2023-03-09 | 2025-11-17 |
| CLARK, Jessica Ula | Director | 2023-12-05 | 2025-01-17 |
| COURTIN, Prisca | Director | 2021-03-15 | 2025-11-17 |
| FOX, Richard Charles | Director | 2011-07-08 | 2023-03-09 |
| RICCOBONO, Thomas | Director | 2017-05-26 | 2023-03-09 |
| ZRIHEN, Jonathan Dan | Director | 2023-05-25 | 2025-01-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Auralux Ventures Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2025-12-12 | Active |
| Mr Christian Marc Olivier Courtin | Individual | Significant influence | 2023-03-09 | Ceased 2025-11-17 |
| Mr Olivier Christophe Dominique Courtin | Individual | Significant influence | 2023-03-09 | Ceased 2025-11-17 |
| Miss Sarah Lucy Margaret Brown | Individual | Shares 25–50%, Voting 25–50% | 2016-07-26 | Ceased 2025-12-12 |
| Mr Ed Saper | Individual | Appoints directors, Significant influence | 2016-07-26 | Ceased 2021-02-01 |
Filing timeline
Last 20 of 142 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-18 | AA | accounts | Accounts with accounts type full | |
| 2026-03-07 | DISS40 | gazette | Gazette filings brought up to date | |
| 2026-03-03 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-12-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-17 | AA | accounts | Accounts with accounts type full | |
| 2024-09-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-15 | CH04 | officers | Change corporate secretary company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.