POLLEN STREET LIMITED

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

• Turnover

  -18.5%

  £62,770,000 → £51,140,000

• Cash

  -69.3%

  £14,402,000 → £4,420,000

• Net assets

  -45.4%

  £577,833,000 → £315,240,000

• Employees

  -28.6%

  7 → 5

• Operating profit

  -19.5%

  £61,366,000 → £49,370,000

• Profit before tax

  -19.7%

  £30,173,000 → £24,226,000

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

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.

1. POLLEN STREET LIMITED 2024-02-14 → present
2. POLLEN STREET PLC 2022-10-06 → 2024-02-14
3. HONEYCOMB INVESTMENT TRUST PLC 2015-12-02 → 2022-10-06

Accounting basis

UK-adopted International Accounting Standards

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, being a period of at least twelve months from the date that this report and accounts will be approved. Accordingly, the directors continue to adopt the going concern basis in preparing these accounts.”

Group structure

1. POLLEN STREET LIMITED · parent
   1. Pollen Street Investments Limited 100% · Guernsey · Investment company services

Significant events

• “On 24 January 2024, the Company introduced a Guernsey incorporated holding company, named Pollen Street Group Limited ("PSGL"), as the new parent of the Group by way of a scheme of arrangement pursuant to Part 26 of the UK Companies Act 2006 (the "Scheme").”
• “On 14 February 2024, the Company distributed the entire issued share capital of PSCHL to PSGL; this is referred to as the "Distribution". The Scheme and the Distribution are together referred to as the "Reorganisation".”
• “As part of the Reorganisation, the Company's shares were delisted from the London Stock Exchange and the Company ceased to be classified as an investment trust and re-registered as a private company.”
• “We completed a new 4-year £200 million senior debt facility on 10 June 2024 refinancing the previous facility and achieving a lower margin. This was subsequently upsized to £240 million on 13 December 2024 to refinance certain SPV facilities which enable us to reduce the operating cost base.”
• “On 24 March 2025 a dividend of £16.5 million was approved for payment to the sole shareholder of the Company.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

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