How much does Pearl Yachts Ltd make?

Pearl Yachts Ltd reported revenue of £29m and £2.9m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Pearl Yachts Ltd have?

Pearl Yachts Ltd reported an average of 8 employees in the year to 31 Dec 2025.

Is Pearl Yachts Ltd profitable?

Yes — Pearl Yachts Ltd reported a profit of £2.9m in the year to 31 Dec 2025.

Company No. 08068803 · Incorporated 15 May 2012

Pearl Yachts Ltd

Registered name: PEARL YACHTS LTD

Part of Browne Jacobson LLP group

Pearl Yachts Ltd made £29m revenue and £2.9m profit in the year to 31 Dec 2025. read from filing text

Pearl Yachts Ltd’s revenue was £29m in the year to 31 Dec 2025, with £2.9m profit and 8 employees. The company is classified under “building of pleasure and sporting boats” and is based in Warwick; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 30120Building of pleasure and sporting boats

Status: Active
Location: Warwick, West Midlands
Age: 14 yrs · since 2012
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.

Latest accounts · year to 31 Dec 2025

Key figures

Small teamCapital-lightCash flow filed

Revenue

£29m

Growth —

Profit

£2.9m

Growth —

Profit margin

10%

Gross 26%

Employees

Change —

Profit / employee

£361k

Revenue/employee £3.6m

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jul 2022	31 Jul 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)	£17.7m	£23.1m	£49.1m	£29m
Cost of sales	£12.6m	£17.4m	£35.8m	£21.4m
Gross profit	£5.1m	£5.7m	£13.3m	£7.5m
Operating profit	£1.9m	£904k	£3.6m	£3.2m
Profit before tax	£1.9m	£920k	£3.8m	£3.3m
Profit after tax	£1.9m	£920k	£3.8m	£2.9m
Profit (best available)	£1.9m	£920k	£3.8m	£2.9m
Staff costs	£577k	£633k	£1.3m	£809k
Employees (average)	6	7	8	8
Ratios
Profit margin	10.9%	4%	7.7%	10%
Gross margin	28.8%	24.7%	27.1%	26%
Revenue per employee	£3m	£3.3m	£6.1m	£3.6m
Profit per employee	£323k	£131k	£474k	£361k
Cash conversion	138.5%	−78.1%	−166.6%	−15.9%
Growth (year on year)
Revenue growth	—	▲30.5%	—	—
Profit growth	—	▼52.5%	—	—
Headcount growth	—	▲16.7%	—	—
Balance sheet — indirect signals, not revenue
Cash at bank	£6m	£6.4m	£9m	£7.9m
Net assets	£14.8m	£15.7m	£16.5m	£19.4m
Fixed assets	£1.8m	£2.1m	£2.1m	£1.9m
Current assets	£21.1m	£23.6m	£23.6m	£27.3m
Debtors	£10k	£4.4m	£5.6m	£3.2m
Deferred income	£5.1m	£5.6m	£8.1m	£3.9m
Cash from operations	£2.7m	−£706k	−£6.1m	−£514k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 10%; Profit ÷ revenue.
Gross margin: 26%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £3.6m; Revenue ÷ average employees.
Profit per employee: £361k; Profit ÷ average employees.
Cash conversion: −15.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 13.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.2%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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 £19.4m
Cash at bank: —; Now £7.9m
Headcount: —; Now 8
Deferred income: —; Now £3.9m
Fixed assets: —; Now £1.9m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Browne Jacobson LLPultimate parent75–100%
Mowbray Trust Corporation Limited75–100%
Pearl Yachts Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (4)

Handley House LimitedFigures not disclosed
Pearl Motor Yachts LimitedFigures not disclosed
Victona LimitedFigures not disclosed
Whittaker Property Holdings LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.9m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.