PEARL CHEMIST LIMITED — The Accounts

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Next accounts due

2026-07-31 (in 2mo)

Last filed for 2024-10-31

Confirmation statement due

2027-03-17 (in 10mo)

Last made up 2026-03-03

Watchouts

None on the register

Cash

£64K

+48.7% vs 2023

Net assets

-£652K

-166.6% vs 2023

Employees

+9.4% highest in 5 filed years

Profit before tax

-£1M

-272.3% lowest in 5 filed years

Net assets

8-year trend · vs Consumer Discretionary median

PEARL CHEMIST LIMITED·Consumer Discretionary median · n=21268

Accounts

8-year trend · latest reflected 2024-10-31

Metric	2018-11-01	2019-10-31	2020-10-31	2021-10-31	2021-11-01	2022-10-31	2023-10-31	2024-10-31
Turnover	—	£29,522,891	£30,914,377	£37,740,977	—	£46,213,301	£47,934,975	£61,161,560
Operating profit	—	-£313,971	£2,151,956	—	—	£188,808	£365,220	£40,936
Profit before tax	—	-£999,636	£4,744,139	—	—	£803,309	-£289,584	-£1,078,109
Net profit	—	-£1,470,855	£4,120,147	—	—	£698,527	-£730,275	-£1,295,035
Cash	—	£93,369	£933,651	—	—	£75,490	£42,973	£63,893
Total assets less current liabilities	—	£2,282,039	£8,728,536	—	—	£10,798,922	£16,616,037	£13,008,265
Net assets	—	-£3,619,348	£500,799	—	—	£1,809,705	£979,430	-£652,421
Equity	-£2,420,838	-£3,619,348	£500,799	—	£1,111,178	£1,809,705	£979,430	-£652,421
Average employees	—	14	13	—	—	27	32	35
Wages	—	£227,699	£216,443	—	—	£662,319	£851,572	£1,009,587
Directors' remuneration	—	—	—	—	—	£25,314	£25,000	£28,488

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 2024-10-31 vs 2023-10-31

Turnover

+27.6%

£47,934,975 £61,161,560

highest in 6 filed years
Cash

+48.7%

£42,973 £63,893
Net assets

-166.6%

£979,430 -£652,421
Employees

+9.4%

32 35

highest in 5 filed years
Operating profit

-88.8%

£365,220 £40,936

first positive since 2019
Profit before tax

-272.3%

-£289,584 -£1,078,109

lowest in 5 filed years
Wages

+18.6%

£851,572 £1,009,587

highest in 5 filed years

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	2018-11-01	2019-10-31	2020-10-31	2021-10-31	2021-11-01	2022-10-31	2023-10-31	2024-10-31
Operating margin	—	-1.1%	7.0%	—	—	0.4%	0.8%	0.1%
Net margin	—	-5.0%	13.3%	—	—	1.5%	-1.5%	-2.1%
Return on capital employed	—	-13.8%	24.7%	—	—	1.7%	2.2%	0.3%
Current ratio	—	—	—	—	—	—	0.60x	0.45x
Interest cover	—	-1.55x	0.83x	—	—	0.67x	0.56x	0.04x

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.

Name history

Renamed 1 time since incorporation

PEARL CHEMIST LIMITED 2012-04-27 → present
BIZPAL LIMITED 2012-03-05 → 2012-04-27

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Standalone (parent only)
Auditor: MHA Audit Services LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“The accounts have been prepared on a going concern basis as the directors, who are the ultimate shareholders, have confirmed their willingness to support the company on a continuing basis for the foreseeable future. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

PEARL CHEMIST LIMITED · parent
1. Jotoshourne Limited 100% · London
2. Chelmack Limited 100% · London
3. Aarogya Limited 100% · London
4. Haria Properties Limited 100% · London
5. Haria Properties Holdings Limited 100% · London
6. Barkers Chemists (Tooting) Limited 100% · London
7. Markrise Limited 100% · London

Significant events

“Since 31 October 2024, two additional pharmacies have been acquired. The combined consideration for these acquisitions was £3,430,000. The company also purchased freehold land for total consideration of £1,200,000. The purchase was completed 1 July 2025.”
“During the year the Company acquired the shares of Barkers Chemists (Tooting) Limited and subsequently hived up the business. During the year the Company completed the hive up of the remaining part of the business of Aarogya Limited that was not hived up in the year ended 31 October 2023.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 1 resigned

Name	Role	Appointed	Born	Nationality
PATEL, Mayank Harendra	Director	2012-03-16	Nov 1975	British
PATEL, Vijaykumar Harendra	Director	2012-03-16	Mar 1974	British

Show 1 resigned officer

Name	Role	Appointed	Resigned
DAVIS, Andrew Simon	Director	2012-03-05	2012-03-16

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Pearl Chemist Group Limited	Corporate entity	Shares 75–100%	2016-04-06	Active

Filing timeline

Last 20 of 80 total filings

Date	Type	Category	Description
2026-04-02	MR04	mortgage	Mortgage satisfy charge full	PDF
2026-04-01	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2026-03-17	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2026-03-14	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-08-07	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2025-08-04	AA	accounts	Accounts with accounts type full
2025-04-04	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-02-11	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2025-02-03	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2024-12-06	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2024-07-31	AA	accounts	Accounts with accounts type full	PDF
2024-06-15	MR05	mortgage	Mortgage charge part release with charge number	PDF
2024-03-21	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-11-03	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2023-11-03	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2023-10-30	AA	accounts	Accounts with accounts type full
2023-08-21	CH01	officers	Change person director company with change date	PDF
2023-05-30	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2023-04-12	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-03-06	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 6
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page