Peers Hardy (UK) Limited
Registered name: PEERS HARDY (UK) LIMITED
Peers Hardy (UK) Limited made £33.3m revenue and £666k profit in the year to 31 Dec 2025. read from filing text
Peers Hardy (UK) Limited’s revenue grew 6% to £33.3m in the year to 31 Dec 2025, with £666k profit and 88 employees. The company is classified under “wholesale of watches and jewellery” and is based in Solihull; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Solihull, West Midlands
- Age
- 48 yrs · since 1978
- 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. From the filing: “The ultimate controlling party is J E Story.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £29.5m | £30.4m | £31.6m | £33.3m |
| Cost of sales | £21.4m | £22.2m | £22.2m | £22.1m |
| Gross profit | £8m | £8.2m | £9.4m | £11.3m |
| Operating profit | £1.1m | £976k | £1m | £1.2m |
| Profit before tax | £1.3m | £1m | £1.6m | £893k |
| Profit after tax | £1m | £751k | £1.2m | £666k |
| Profit (best available) | £1m | £751k | £1.2m | £666k |
| Staff costs | £4.9m | £4.3m | £5.7m | £6.7m |
| Employees (average) | 64 | 71 | 74 | 88 |
| Ratios | ||||
| Profit margin | 3.6% | 2.5% | 3.7% | 2% |
| Gross margin | 27.3% | 27% | 29.6% | 33.8% |
| Revenue per employee | £460k | £428k | £426k | £379k |
| Profit per employee | £16.4k | £10.6k | £15.6k | £7.6k |
| Cash conversion | 59.6% | −176.3% | −41.9% | −119.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲3.1% | ▲3.9% | ▲5.7% |
| Profit growth | — | ▼28.3% | ▲54.1% | ▼42.5% |
| Headcount growth | — | ▲10.9% | ▲4.2% | ▲18.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £1.4m | £1.1m | £800k |
| Net assets | £8.9m | £8.9m | £8.1m | £8.7m |
| Fixed assets | £592k | £633k | £647k | £783k |
| Current assets | £19.1m | £17.6m | £16.6m | £19.3m |
| Debtors | £9.3m | £8.2m | £7.1m | £8.1m |
| Deferred income | £3.6m | £2.9m | £3.8m | £5.1m |
| Cash from operations | £682k | −£1.7m | −£427k | −£1.4m |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2%
- Profit ÷ revenue.
- Gross margin
- 33.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £379k
- Revenue ÷ average employees.
- Profit per employee
- £7.6k
- Profit ÷ average employees.
- Cash conversion
- −119.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 15.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24.2%
- 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
- ▲8%
- Now £8.7m
- Cash at bank
- ▼26%
- Now £800k
- Headcount
- ▲19%
- Now 88
- Deferred income
- ▲32%
- Now £5.1m
- Fixed assets
- ▲21%
- Now £783k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Clogau Gold of Wales LimitedRhyl · Wholesale of watches and jewellery
- Revenue
- £20m
- Profit
- £2m
- Staff
- 122
- Zeon LimitedLondon · Wholesale of watches and jewellery
- Revenue
- £15.3m
- Profit
- £1.3m
- Staff
- 31
- Emdico (London) LimitedLondon · Wholesale of watches and jewellery
- Revenue
- £11.3m
- Profit
- £174k
- Staff
- 13
- Henig Diamonds LimitedLondon · Wholesale of watches and jewellery
- Revenue
- £11.2m
- Profit
- £227k
- Staff
- 29
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £666k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.