PEARL GLOBAL (HK) LIMITED
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Cash
£13M
+17.4% vs 2023
Net assets
£25M
+11.1% vs 2023
Employees
—
Average over period
Profit before tax
£10M
+31.6% vs 2023
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 |
|---|---|---|---|
| Turnover | £221,705,549 | £239,456,794 | |
| Operating profit | — | — | |
| Profit before tax | £7,787,832 | £10,251,721 | |
| Net profit | £7,072,835 | £9,324,543 | |
| Cash | £10,866,748 | £12,757,783 | |
| Total assets less current liabilities | £25,920,431 | £30,316,360 | |
| Net assets | £22,174,918 | £24,637,769 | |
| Equity | £22,174,918 | £24,637,769 | |
| Average employees | — | — | |
| Wages | £16,899,404 | £19,765,936 |
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 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|
| Net margin | 3.2% | 3.9% | |
| Gearing (liabilities / total assets) | 67.2% | 66.2% | |
| Current ratio | 1.12x | 1.18x |
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
- HKFRSs
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In preparing the consolidated financial statements, the directors are responsible for assessing the Group's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern. basis of accounting unless the directors either intend to liquidate the Group or to cease operations or have no realistic alternative but to do so.”
Group structure
- PEARL GLOBAL (HK) LIMITED · parent
- DSSP Global Limited 100%
- Pearl Grass Creations Limited 100%
- PGIC Investment Limited 100%
- Prudent Fashions Limited 99.95%
- Vin Pearl Global Vietnam Limited 100%
- Pearl Global Vietnam Company Limited 100%
- PT Pinnacle Apparels 69.91%
- Alpha Clothing Limited 100%
- Pearl Global Industries FZCO 100%
- Pearl Unlimited, Inc. 100%
- Trinity Clothing Limited 100%
Significant events
- “On 11 May 2023, the group acquired 100% equity interest in Trinity Clothing Limited from a third party. Trinity Clothing is engaged in the trading of fabrics and interlining. The acquisition was made as part of the Group's strategy to further expand it's business operation, expecting to benefit from the synergies of broader customer base.”
- “On 4 September 2022, the Group acquired 100% equity interest in substance in Alpha Clothing Limited from a third party. Alpha Clothing is engaged in the manufacture readymade garments item and allied products. The acquisition was made as part of the Group's strategy to expand its market share of garment products in the Bangladesh.”
- “During the year, the Group acquired the remaining 20% equity interest in Pearl Grass Creations Limited from a non-controlling shareholder.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LOUIS LAI & LUK COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2021-05-06 | — | — |
| GOYAL, Abhishek | Director | 2021-05-06 | Jan 1981 | Indian |
| GURUMOORTHY, Gurusankar | Director | 2021-05-06 | Dec 1967 | Singaporean |
| LATH, Sumit | Director | 2021-05-06 | Oct 1990 | Indian |
| SETH, Deepak Kumar | Director | 2021-05-06 | May 1951 | Indian |
| SETH, Mahesh Kumar | Director | 2021-05-06 | Apr 1947 | American |
| SETH, Pulkit | Director | 2021-05-06 | Feb 1980 | Indian |
Ownership
Persons with significant control
Filing timeline
Last 7 of 7 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-01 | AA | accounts | Accounts with accounts type group | |
| 2024-11-01 | AA | accounts | Accounts with accounts type group | |
| 2023-03-06 | AA | accounts | Accounts with accounts type full | |
| 2023-03-06 | AA01 | accounts | Change account reference date company current shortened | |
| 2021-05-06 | OS-PAR | annual-return | Appointment at registration of person authorised to represent | |
| 2021-05-06 | OS-PAR | annual-return | Appointment at registration of person authorised to accept service | |
| 2021-05-06 | OSIN01 | incorporation | Register overseas company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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
FY2023 → FY2024 · period ending 2024-03-31 vs 2023-03-31
-
Turnover
+8%
£221,705,549 £239,456,794
-
Cash
+17.4%
£10,866,748 £12,757,783
-
Net assets
+11.1%
£22,174,918 £24,637,769
-
Employees
—
Not reported
-
Profit before tax
+31.6%
£7,787,832 £10,251,721
-
Wages
+17%
£16,899,404 £19,765,936
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