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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-02-16 (in 9mo)

Last made up 2026-02-02

Watchouts

1 item

Cash

£592K

+2.8% vs 2024

Net assets

£4M

+7.5% vs 2024

Employees

150

+4.2% vs 2024

Profit before tax

£377K

+143.2% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £13,977,000£14,202,000
Operating profit £188,000£412,000
Profit before tax £155,000£377,000
Net profit £140,000£379,000
Cash £576,000£592,000
Total assets less current liabilities £4,436,000£4,557,000
Net assets £3,711,000£3,990,000
Equity £3,711,000£3,990,000
Average employees 144150
Wages £5,333,000£5,578,000

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 2024-03-312025-03-31
Operating margin 1.3%2.9%
Net margin 1.0%2.7%
Return on capital employed 4.2%9.0%
Gearing (liabilities / total assets) 59.4%56.8%
Current ratio 1.53x1.54x
Interest cover 4.70x11.14x

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 economic environment has been considered as a part of the Group's and parent company's adoption of the going concern basis. We have examined a number of downside scenarios to consider potential impacts on the Group's and parent company's results. Even under the worst-case downside scenario, we are confident that we can take sufficient mitigating action to ensure that our facilities remain sufficient over the forecast period. The Group and parent company maintain tight financial control and at the year end had sufficient reserves and positive net assets to fulfil the Group's and parent company's obligations. Therefore, the directors are of the opinion that the Group and parent company will have sufficient liquid resources to continue its operations for the foreseeable future being not less than 12 months from the approval of these financial statements. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.”

Group structure

  1. SEETRU LIMITED · parent
    1. Blupax Engineering and Industrial Private Limited 100% · India

Significant events

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

People

3 active · 4 resigned

Name Role Appointed Born Nationality
VARGA, Andrew Philip, Dr Secretary 2012-07-01 British
VARGA, Andrew Philip, Dr Director Feb 1960 British
VARGA, Margaret Jai, Dr. Director 2012-07-01 Apr 1959 British
Show 4 resigned officers
Name Role Appointed Resigned
VARGA, Otto Herman Secretary 2017-07-26
BOSWELL, Richard Thomas Director 2014-03-08
COUNSELL, Henry Director 2003-03-31
VARGA, Otto Herman Director 2017-07-26

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Wellclose Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-10-09 Active
Dr Andrew Philip Varga Individual Shares 75–100%, Voting 75–100%, Appoints directors 2017-07-26 Ceased 2025-10-09
Mr Andrew Philip Varga Individual Significant influence 2016-12-01 Ceased 2017-07-26

Filing timeline

Last 20 of 138 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-10-20 MA Memorandum articles
  • 2025-10-20 RESOLUTIONS Resolution
  • 2025-10-20 CC04 Statement of companys objects
  • 2025-10-15 RESOLUTIONS Resolution
Date Type Category Description
2026-02-06 CS01 confirmation-statement Confirmation statement with updates PDF
2025-12-30 AA accounts Accounts with accounts type group
2025-10-20 MA incorporation Memorandum articles
2025-10-20 RESOLUTIONS resolution Resolution
2025-10-20 CC04 change-of-constitution Statement of companys objects
2025-10-16 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-10-16 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-10-15 SH10 capital Capital variation of rights attached to shares
2025-10-15 SH08 capital Capital name of class of shares
2025-10-15 RESOLUTIONS resolution Resolution
2025-02-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-31 CH01 officers Change person director company with change date PDF
2025-01-03 AA accounts Accounts with accounts type group
2024-11-11 MR04 mortgage Mortgage satisfy charge full PDF
2024-11-06 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-03-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-07 AA accounts Accounts with accounts type group
2023-03-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-12-19 AA accounts Accounts with accounts type group
2022-03-21 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
10

last 12 months

Capital events
2

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

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 2025-03-31 vs 2024-03-31

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

Official Companies House page