PCM Enterprises Ltd is a private investment holding company registered in Cyprus. We hold and support operating businesses, property and other assets, and leave the running of each to the people who run it.
The purpose is separation. Ownership, capital and long-term decisions sit in one place, while each operating business keeps its own management, contracts and balance sheet. That separation is what makes a group easier to fund, easier to audit and easier to pass on.
Capital sits above the operations
One place to see the whole picture
Risk stays where it belongs
Ownership can change without disturbance
Shared functions cost less once
Cyprus as the jurisdiction
Our objects under the memorandum are broad. In practice the activity falls into the areas below, and anything outside them is taken to the board before it is taken anywhere else.
Acquiring and holding shares, participations, securities and other interests in companies, whether formed in Cyprus or abroad, and exercising the rights that come with that ownership.
Organising, directing and supervising the affairs of the businesses we hold, from Cyprus or from any other country, including appointing management and setting reporting requirements.
Consultancy, technical and administrative support supplied to companies inside the group, so that expertise built in one business is available to the others.
Acquisition, holding, development, leasing and disposal of land and buildings, whether held for use by a group company or as an investment in its own right.
Purchase, sale, import, export, storage and distribution of goods, and commercial representation, where an opportunity fits the group better than it fits any single subsidiary.
Providing funding, guarantees and security to companies within the group, and borrowing against the assets of the company where that is the cheaper source of capital.
We invest in operating businesses we understand and can be useful to, rather than in listed instruments. The categories below describe where the group is active.
Agencies and service companies selling to businesses, where the assets are people and client relationships and the capital requirement is modest.
Commercial and residential property held for income or development, including premises used by companies within the group.
Clinical and medical service providers, a capital-intensive sector where long licensing timelines reward patient ownership.
Import, wholesale and distribution businesses with established supplier agreements and predictable working capital cycles.
Cyprus, the Western Balkans and South Eastern Europe: markets close enough to oversee properly and small enough that a hands-on owner still matters.
Businesses that need constant new capital to stand still, sectors we cannot assess ourselves, and any structure whose main purpose is its own complexity.
The company is an owner with a board, not a head office with departments. Involvement is set at the start of each holding and written into the shareholder documents rather than improvised later.
Directors of the operating companies are appointed by the shareholder and report against agreed targets. Decisions above defined thresholds, such as new borrowing, disposals or long leases, come to the board of the holding company.
Monthly management accounts from each business and annual audited financial statements, consolidated at group level. Reporting is designed to be readable by a lender or a buyer without translation.
Dividends are distributed upward and redeployed by the board. New investment is funded from group cash before external debt, and external debt before new partners.
Statutory filings, accounting records, tax registrations and beneficial ownership disclosures are kept current in every jurisdiction where the group is present. Structures we cannot explain in one page are not used.
We buy to hold. There is no fund life to force an exit, so a business is sold when selling is the right decision for it, not when a timetable says so.
Shares are not offered to the public and transfers are restricted under the articles, which keeps ownership deliberate and traceable.
Between one and five directors under the articles, with written resolutions permitted and meetings capable of being held in Cyprus or abroad.
Governed by Cap. 113, a companies statute based on English company law and applied by courts and advisers familiar with it.
Company secretarial, statutory filings and registered office services are handled by professional service providers in Limassol.
Rarely, and only where the shareholder agreement gives real protection: board representation, reserved matters, information rights and a defined route to exit. Without those, a minority position in a private company is a payment made in exchange for hope.
Established operating businesses rather than startups, with a trading history, positive cash generation or a clear path to it, and an owner or management team who intend to stay. We look at the quality of the earnings before the size of them.
Financing and guarantees are provided to companies within the group. We are not a lender to third parties.
An initial answer on whether something fits usually takes days. Where it does, diligence and documentation run for a few weeks, and the timetable is set out in writing at the start so nobody is left waiting without a date.
Operational and commercial matters go to that company directly, since it holds its own contracts and manages its own relationships. Shareholder matters come here.