GEORGE PRAGNELL LIMITED
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Next accounts due
2027-02-28 (in 9mo)
Last filed for 2025-05-31
Confirmation statement due
2026-07-25 (in 2mo)
Last made up 2025-07-11
Watchouts
None on the register
Cash
£4M
-52.1% vs 2024
Net assets
£64M
+9.7% vs 2024
Employees
129
+0.8% vs 2024
Profit before tax
£8M
-9.4% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-05-31
| Metric | Trend | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Turnover | £94,392,764 | £100,523,107 | |
| Operating profit | £8,964,111 | £8,013,880 | |
| Profit before tax | £9,279,221 | £8,409,747 | |
| Net profit | £6,314,257 | £5,934,774 | |
| Cash | £7,558,976 | £3,617,123 | |
| Total assets less current liabilities | £63,445,266 | £66,165,038 | |
| Net assets | £58,592,767 | £64,277,541 | |
| Equity | £58,592,767 | £64,277,541 | |
| Average employees | 128 | 129 | |
| Wages | £10,093,255 | £10,499,681 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Operating margin | 9.5% | 8.0% | |
| Net margin | 6.7% | 5.9% | |
| Return on capital employed | 14.1% | 12.1% | |
| Gearing (liabilities / total assets) | 25.7% | 19.5% | |
| Current ratio | 3.90x | 4.25x | |
| Interest cover | 61.98x | 59.49x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BSN Associates Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 group's or the parent 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
- GEORGE PRAGNELL LIMITED · parent
- George Tarratt Limited 100%
- Philip Antrobus Limited 100%
- Thomas Cleaver Limited 100%
- George Pragnell Holdings AG 100%
- Swiss Watch Distribution Limited 100%
Significant events
- “Overhead costs have increased during 2025 to £13,011,615 from £11,812,411 in 2024 reflecting primarily the increases in wages and salaries the group has experienced.”
- “The group has taken various energy efficient actions to mitigate its impact on the environment which include, hybrid electric vehicles for its car fleet, LED lighting in its showrooms including display cabinets and use of online conferencing for some meetings to reduce travel.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CROOKENDEN, Thomas Henry | Secretary | 2021-06-01 | — | — |
| BURBIDGE, Richard James | Director | 2023-10-30 | May 1967 | British |
| CROOKENDEN, Thomas Henry | Director | 2020-07-01 | Sep 1987 | British |
| PRAGNELL, Charles Edward | Director | 2009-05-05 | Dec 1978 | British |
| PRAGNELL, Jeremy Martin | Director | — | May 1949 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PRAGNELL, Charles Edward | Secretary | 2007-01-09 | 2021-06-01 |
| PRAGNELL, Jeremy Martin | Secretary | — | 2007-01-09 |
| CROOKENDEN, Sarah Anne Georgina Margaret | Director | — | 2020-07-01 |
| PRAGNELL, Margaret | Director | — | 1998-05-16 |
| PRAGNELL, Michael Patrick | Director | — | 2023-05-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Jeremy Martin Pragnell | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-03-09 |
| Charles Edward Pragnell | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 125 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-22 | AA | accounts | Accounts with accounts type full | |
| 2025-07-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-16 | AA | accounts | Accounts with accounts type group | |
| 2024-07-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-06 | AA | accounts | Accounts with accounts type group | |
| 2024-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-13 | AA | accounts | Accounts with accounts type group | |
| 2022-02-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-24 | AA | accounts | Accounts with accounts type group | |
| 2021-06-25 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-06-25 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-05-25 | AA | accounts | Accounts with accounts type group | |
| 2021-05-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-05-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-04-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-03-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-03-11 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-05-31 vs 2024-05-31
-
Turnover
+6.5%
£94,392,764 £100,523,107
-
Cash
-52.1%
£7,558,976 £3,617,123
-
Net assets
+9.7%
£58,592,767 £64,277,541
-
Employees
+0.8%
128 129
-
Operating profit
-10.6%
£8,964,111 £8,013,880
-
Profit before tax
-9.4%
£9,279,221 £8,409,747
-
Wages
+4%
£10,093,255 £10,499,681
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers