METDIST LIMITED
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Next accounts due
2026-03-31
Overdue
Confirmation statement due
2026-10-01 (in 5mo)
Last made up 2025-09-17
Watchouts
Cash
£517K
-78.2% vs 2023
Net assets
£193M
+3.7% vs 2023
Employees
36
+9.1% vs 2023
Profit before tax
£8M
+142.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-03-31.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 |
|---|---|---|---|
| Turnover | £753,856,190 | £783,234,248 | |
| Operating profit | -£2,859,896 | -£4,246,850 | |
| Profit before tax | -£19,011,861 | £8,007,413 | |
| Net profit | -£19,148,999 | £6,863,603 | |
| Cash | £2,368,421 | £516,679 | |
| Total assets less current liabilities | £186,338,028 | £193,201,631 | |
| Net assets | £186,338,028 | £193,201,631 | |
| Equity | £186,338,028 | £193,201,631 | |
| Average employees | 33 | 36 | |
| Wages | £1,991,846 | £2,573,017 |
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 |
|---|---|---|---|
| Operating margin | -0.4% | -0.5% | |
| Net margin | -2.5% | 0.9% | |
| Return on capital employed | -1.5% | -2.2% | |
| Gearing (liabilities / total assets) | 37.6% | 38.2% | |
| Current ratio | 2.58x | 2.43x | |
| Interest cover | -0.07x | -0.24x |
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
- Standalone (parent only)
- Auditor
- Ferguson Maidment & Co
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of their assessment of the Company's financial position, the Company's directors have a reasonable expectation that the Company will be able to continue in operational existence for the foreseeable future and at least for the 12 months period from the approval of these financial statements. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- METDIST LIMITED · parent
- Apnapaisa Holdings Private Limited 100%
- TVAM Holdings Private Limited 100%
- Lilaea Estates Limited 100%
- Metdist Jersey Limited 100%
- Metdist Investments Limited 100%
- Geosansar Mauritius Limited 100%
- Metdist Industries Holdings Limited 100%
- Metatech Holdings Limited 100%
- Metdist International Limited 100%
- Mettrade DMCC 100%
- Metdist DMCC 100%
- Lifestyle Resorts S.A. 100%
- Metdist Technologies ehf. 100%
Significant events
- “On 16 October 2023, a payable to a 100% subsidiary, Mettrade DMCC, of US$2.000 thousand was assigned to a 100% subsidiary, Metdist Jersey Limited (Note 18(i)).”
- “After the year end, the Company received US$26.449 thousand dividends in specie from its 100% subsidiary, Mettrade DMCC.”
- “After the year end, the Company declared and paid dividends as follows: - US$5.000 thousand dividends paid in cash, - US$177.492 thousand dividends in specie transferred at fair value of the distributed assets.”
- “After the year end, 1.125.674 shares of existing 100% subsidiary, Metdist Jersey Limited, were bought back for a total consideration of US$112.567 thousand. The consideration was settled in specie.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAGRI, Apurv, The Honourable Mr | Director | — | Nov 1959 | Cypriot |
| BAGRI, Lady Usha | Director | 2017-09-01 | Jan 1939 | Cypriot |
| KLERIDES, Christakis | Director | 2012-08-14 | Aug 1951 | Cypriot |
| PAPADOPOULOS, Viktor | Director | 2014-07-08 | Oct 1953 | Cypriot |
| PILIDES, Phidias | Director | 2012-08-14 | Dec 1951 | Cypriot |
| SINGHI, Uday | Director | 2012-09-13 | Feb 1952 | Cypriot |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAGRI, Usha, Lady | Secretary | — | 2012-08-17 |
| PRICEWATERHOUSECOOPERS ASSOCIATES LIMITED | Corporate Secretary | 2012-09-13 | 2014-07-31 |
| BAGRI, Raj Kumar, Lord | Director | — | 2017-04-26 |
| BRITO, Joseph Michael Suresh | Director | 1993-09-29 | 1997-08-31 |
| CHURCH, Anthony William | Director | — | 1996-04-26 |
| GATEHOUSE, Ronald James | Director | — | 2003-12-31 |
| PAPHITI, Eleni | Director | 2012-08-14 | 2014-07-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Richard John Martin | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-29 | Active |
| The Honourable Mr Apurv Bagri | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 144 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-26 | CH01 | officers | Change person director company with change date | |
| 2025-10-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-18 | CH01 | officers | Change person director company with change date | |
| 2025-09-18 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-05 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-03 | AA | accounts | Accounts with accounts type full | |
| 2024-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-20 | CH01 | officers | Change person director company with change date | |
| 2024-06-05 | CH01 | officers | Change person director company with change date | |
| 2024-06-05 | CH01 | officers | Change person director company with change date | |
| 2023-11-28 | AA | accounts | Accounts with accounts type full | |
| 2023-09-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-14 | AA | accounts | Accounts with accounts type full | |
| 2022-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-01-04 | AA | accounts | Accounts with accounts type full | |
| 2021-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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
+3.9%
£753,856,190 £783,234,248
-
Cash
-78.2%
£2,368,421 £516,679
-
Net assets
+3.7%
£186,338,028 £193,201,631
-
Employees
+9.1%
33 36
-
Operating profit
-48.5%
-£2,859,896 -£4,246,850
-
Profit before tax
+142.1%
-£19,011,861 £8,007,413
-
Wages
+29.2%
£1,991,846 £2,573,017
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