T. A. SAVERY & CO LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-28 (in 10mo)
Last made up 2026-03-14
Watchouts
None on the register
Cash
£3M
-26.4% vs 2023
Net assets
£3M
+26.3% vs 2023
Employees
314
+2.6% vs 2023
Profit before tax
£2M
+74% vs 2023
Name history
Renamed 1 time since incorporation
- T. A. SAVERY & CO LIMITED 1988-03-15 → present
- THOMAS SAVERY PUMPS LIMITED 1933-01-14 → 1988-03-15
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £32,692,000 | £36,441,000 | |
| Operating profit | £1,365,000 | £2,251,000 | |
| Profit before tax | £1,098,000 | £1,911,000 | |
| Net profit | £782,000 | £1,027,000 | |
| Cash | £4,397,000 | £3,235,000 | |
| Total assets less current liabilities | £11,718,000 | £12,218,000 | |
| Net assets | £2,245,000 | £2,836,000 | |
| Equity | £2,245,000 | £2,836,000 | |
| Average employees | 306 | 314 | |
| Wages | £8,818,000 | £9,307,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 4.2% | 6.2% | |
| Net margin | 2.4% | 2.8% | |
| Return on capital employed | 11.6% | 18.4% | |
| Gearing (liabilities / total assets) | 92.2% | 89.9% | |
| Current ratio | 1.39x | 1.50x | |
| Interest cover | 5.11x | 6.62x |
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
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider that it is appropriate to continue to adopt the going concern basis in preparing the financial statements. The group made an operating profit of £2.3m (2023: £1.4m), improved by management actions. Funded by operational cash flow and banking facilities, including new HSBC facilities of £7.6m confirmed in Sep 2025. Forecasts show compliance with covenants through Dec 2026.”
Group structure
- T. A. SAVERY & CO LIMITED · parent
- Oleo Buffers Shanghai Co Limited 100%
- Oleo Buffers India Private Ltd 90%
- Oleo International GmbH 100%
- Oleo Passive Safety Technology Pte Ltd 100%
- T.A. Savery Korea Ltd 100%
- Savery Hydraulic Technology (Shanghai) Co Ltd 100%
- Oleo Inc 100%
- Oleo Elevator Ltd 100%
- Oleo Rail & Industrial Ltd 100%
- Savery Hydraulics Ltd 100%
Significant events
- “There have been no events subsequent to the year end which would impact the figures presented in these financial statements. In September 2025, as part of a refinancing process, HSBC (group's new bankers) confirmed new facilities amounting to £7.6m through a signed term sheet.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GANDHI, Zarana Chandresh | Director | 2024-09-16 | Mar 1977 | Indian |
| SAHOTA, Lynette Ann | Director | 2006-02-13 | Jul 1961 | British |
| SAHOTA, Sulakhan | Director | 2006-02-13 | Mar 1960 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DHAWAN, Shashank | Secretary | 2017-03-01 | 2019-05-10 |
| LLOYD, David | Secretary | 2022-06-22 | 2026-02-28 |
| SAHOTA, Sulakhan | Secretary | 2019-05-10 | 2021-06-03 |
| SARSON, Clive | Secretary | 2021-06-03 | 2022-06-22 |
| WESTWOOD, Julian | Secretary | — | 2006-02-13 |
| WHITING, Ian Richard | Secretary | 2006-02-13 | 2016-07-29 |
| BARNACLE, John Norman | Director | 1990-08-01 | 2000-09-26 |
| DAWES, Alison Selena | Director | — | 2006-02-13 |
| DHAWAN, Shashank | Director | 2017-03-01 | 2019-05-10 |
| PEACOCK, Robert | Director | 1999-08-01 | 2006-02-13 |
| REILLY, Brian James | Director | — | 2006-02-13 |
| SHEPPARD, Jean Fanshaw | Director | — | 1994-09-01 |
| WENT, Gordon Eric | Director | — | 1997-03-28 |
| WESTWOOD, Julian | Director | — | 2006-02-13 |
| WHITING, Ian Richard | Director | 2006-02-13 | 2016-07-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Sulakhan Sahota | Individual | Significant influence | 2022-06-22 | Active |
| Sulakhan Sahota | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 156 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-10-07 | AA | accounts | Accounts with accounts type group | |
| 2025-09-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-01 | AA | accounts | Accounts with accounts type group | |
| 2024-09-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-09 | AA | accounts | Accounts with accounts type group | |
| 2023-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-27 | AA | accounts | Accounts with accounts type group | |
| 2022-07-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-06-30 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-06-30 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-06-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-06-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-04-07 | CH01 | officers | Change person director company with change date | |
| 2022-04-07 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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 2024-12-31 vs 2023-12-31
-
Turnover
+11.5%
£32,692,000 £36,441,000
-
Cash
-26.4%
£4,397,000 £3,235,000
-
Net assets
+26.3%
£2,245,000 £2,836,000
-
Employees
+2.6%
306 314
-
Operating profit
+64.9%
£1,365,000 £2,251,000
-
Profit before tax
+74%
£1,098,000 £1,911,000
-
Wages
+5.5%
£8,818,000 £9,307,000
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