Pearl Group Holdings (No. 1) Limited
Registered name: PEARL GROUP HOLDINGS (NO. 1) LIMITED
Part of Standard Life PLC groupPearl Group Holdings (No. 1) Limited made £174m revenue and £116m profit in the year to 31 Dec 2024.
Pearl Group Holdings (No. 1) Limited’s revenue grew 5% to £174m in the year to 31 Dec 2024, with £116m profit. The company is classified under “activities of financial services holding companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 28 yrs · since 1998
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £63.1m | £166m | £174m |
| Operating profit | £59.5m | £162m | £155m |
| Profit before tax | £59.5m | £162m | £154m |
| Profit after tax | £46.9m | £124m | £116m |
| Profit (best available) | £46.9m | £124m | £116m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 74.3% | 74.7% | 66.3% |
| Growth (year on year) | |||
| Revenue growth | — | ▲162.8% | ▲5.1% |
| Profit growth | — | ▲164.2% | ▼6.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 66.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Standard Life PLCultimate parent75–100%
- Phoenix Life Holdings Limited75–100%
- Impala Holdings Limited75–100%
- Pearl Group Holdings (No. 1) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (7)
- Britannic Group Services LimitedFigures not disclosed
- Pearl Group Secretariat Services LimitedFigures not disclosed
- Pearl Life Holdings LimitedFigures not disclosed
- Pearl RLG LimitedFigures not disclosed
- Phoenix Customer Care LimitedFigures not disclosed
- Phoenix Group Management Services LimitedFigures not disclosed
- Standard Life Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £116m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 20 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.