POMELLATO (UK) 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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis, notwithstanding the net current liability position on the Company's statement of financial position, which the directors believe to be appropriate for the following reasons. The Company will have sufficient funds, through its group cash pooling arrangement with its UK sister company, Kering UK Services Limited, to continue operations and to meet its liabilities as they fall due. Furthermore, the Company has obtained a letter of support from Kering S.A. which provides support to the Company, such that the Company is able to operate as a going concern and to settle its liabilities as they fall due. This includes not seeking repayments of amounts advanced to the Company by Kering S.A. unless adequate alternative financing has been secured by the Company and advancing further amounts to the Company as required by the Company. This support has been provided for a minimum period of 12 months from the date of signing of the financial statements. Based on this undertaking, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. There has been no material uncertainty identified which would cast significant doubt upon the Company's ability to continue using the going concern basis of accounting for at least the 12 months following the approval of this Annual Report.”

Significant events

• “In 2024, macroeconomic conditions and multiple sources of geopolitical uncertainty affected consumers' real incomes and confidence levels. Experts and analysts currently estimate that the luxury sector saw zero growth in 2024. The luxury market saw lower store footfall and lower sales volumes, and these were not offset by price increases or changes in the product mix, which were moderate last year.”
• “The armed conflict between Russia and Ukraine that began in February 2022 continues to have a very limited direct impact on the business activities of major Luxury brands. However, it contributed to inflationary pressure and the deterioration in the global economic outlook.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +1.6%

  £4,328,780 → £4,399,746

• Cash

  -84%

  £2,530 → £404

• Net assets

  -8.3%

  -£5,442,515 → -£5,894,503

• Employees

  -20%

  15 → 12

• Operating profit

  +198.7%

  £141,438 → £422,516

• Profit before tax

  +30.3%

  -£557,017 → -£388,397

• Wages

  +0.9%

  £571,406 → £576,408

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