SMITH & NEPHEW USD LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-31 (in 2mo)
Last made up 2025-07-17
Watchouts
None on the register
Cash
£415K
-50.7% vs 2023
Net assets
£8B
+1.4% vs 2023
Employees
81
+12.5% vs 2023
Profit before tax
£112M
+325.4% vs 2023
Name history
Renamed 4 times since incorporation
- SMITH & NEPHEW USD LIMITED 2005-11-18 → present
- SMITH & NEPHEW Z LIMITED 1998-06-12 → 2005-11-18
- SMITH & NEPHEW (1980) NOMINEES LIMITED 1990-02-21 → 1998-06-12
- SANACO (1980) NOMINEES LIMITED 1983-12-16 → 1990-02-21
- GALA COSMETIC GROUP PLASTICS LIMITED 1973-11-21 → 1983-12-16
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 | — | — | |
| Operating profit | -£513,714 | -£859,896 | |
| Profit before tax | -£49,495,182 | £111,575,241 | |
| Net profit | -£49,518,162 | £111,575,241 | |
| Cash | £841,364 | £415,122 | |
| Total assets less current liabilities | £7,998,857,672 | £8,071,429,948 | |
| Net assets | £7,914,352,854 | £8,025,928,095 | |
| Equity | £7,914,352,854 | £8,025,928,095 | |
| Average employees | 72 | 81 | |
| Wages | £4,928,836 | £4,684,211 |
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 |
|---|---|---|---|
| Return on capital employed | -0.0% | -0.0% | |
| Current ratio | 0.00x | 0.01x | |
| Interest cover | -0.00x | -0.01x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has received a letter of support from its ultimate parent company, Smith & Nephew plc, indicating that it will receive financial and other support necessary for at least twelve months from the date of signing. Directors are confident the Company has sufficient funds to meet liabilities as they fall due for at least twelve months, prepared on a going concern basis.”
Group structure
- SMITH & NEPHEW USD LIMITED · parent
- Smith & Nephew GBS Private Limited 100%
- ArthroCare Corporation 100%
- ArthroCare Costa Rica S.R.L. 100%
- Ascension Orthopedics, Inc. 100%
- Atracsys Sarl 100%
- Austin Miller Trauma LLC 100%
- Bioventus Inc. 27.13%
- Bioventus LLC 9.54%
- Blue Belt Technologies, Inc. 100%
- Ceterix Orthopaedics, Inc. 100%
- DC LLC 100%
- Integrated Shoulder Collaboration, Inc. 100%
- Leaf Healthcare, Inc. 100%
- Miach Orthopaedic Inc. 8.22%
- Osiris Therapeutics, Inc. 100%
- Plus Orthopedics (Beijing) Co., Ltd 100%
- Plus Orthopedics Holding AG 100%
- Rotation Medical, Inc. 100%
- S&N Holdings SAS 100%
- Serda B.V. 48.32%
- Sinopsys Surgical, Inc. 1.44%
- Smith & Nephew (Europe) B.V. 100%
- Smith & Nephew (Ireland) Trading Limited 100%
- Smith & Nephew (Pty) Limited 100%
- Smith & Nephew A/S 100%
- Smith & Nephew AG 100%
- Smith & Nephew Aktiebolag 100%
- Smith & Nephew Argentina S.R.L. 90%
- Smith & Nephew Asia Pacific Pte. Limited 100%
- Smith & Nephew AS 100%
- Smith & Nephew B.V. 100%
- Smith & Nephew Beijing Holdings Limited 100%
- Smith & Nephew Business Services Gmbh & Co KG 100%
- Smith & Nephew Business Services Verwaltungs Gmbh 100%
- Smith & Nephew China Holdings UK Limited 100%
- Smith & Nephew Chusik Hoesa 100%
- Smith & Nephew Colombia SAS 100%
- Smith & Nephew Comercio de Produtos Medicos LTDA 100%
- Smith & Nephew Consolidated, Inc. 100%
- Smith & Nephew Curacao N.V. 100%
- Smith & Nephew Deutschland (Holding) GmbH 100%
- Smith & Nephew France SAS 100%
- Smith & Nephew FZE 100%
- Smith & Nephew GmbH (1) 100%
- Smith & Nephew GmbH (2) 100%
- Smith & Nephew Healthcare Private Limited 99.1%
- Smith & Nephew Healthcare Sdn. Berhad 100%
- Smith & Nephew Inc. 100%
- Smith & Nephew International S.A 100%
- Smith & Nephew KK 100%
- Smith & Nephew Lda 99.99%
- Smith & Nephew Limited (1) 100%
- Smith & Nephew Limited (1) 100%
- Smith & Nephew Limited (1) 100%
- Smith & Nephew LLC 100%
- Smith & Nephew Manufacturing AG 100%
- Smith & Nephew Medical (Shanghai) Limited 100%
- Smith & Nephew Medical (Suzhou) Limited 100%
- Smith & Nephew N.V.-S.A 99.99%
- Smith & Nephew Nederland CV 100%
- Smith & Nephew Operations B.V. 100%
- Smith & Nephew Operations Sdn. Bhd 100%
- Smith & Nephew Orthopaedics GmBH 100%
- Smith & Nephew Orthopaedics (Beijing) Co. Ltd 100%
- Smith & Nephew Orthopaedics AG 100%
- Smith & Nephew Oy 100%
- Smith & Nephew Pharmaceuticals (Proprietary) Ltd 100%
- Smith & Nephew Pte Ltd 100%
- Smith & Nephew Pty Ltd 100%
- Smith & Nephew Robotics GmbH 100%
- Smith & Nephew S.A. de C.V 100%
- Smith & Nephew S.A.S 100%
- Smith & Nephew S.A.U 100%
- Smith & Nephew s.r.l. 100%
- Smith & Nephew Schweiz AG 100%
- Smith & Nephew Services SDN. BHD. 100%
- Smith & Nephew sp z.o.o 99.86%
- Smith & Nephew Superannuation Scheme Limited 100%
- Smith & Nephew Surgical Holdings Pty Ltd 100%
- Smith & Nephew Surgical Pty Ltd (2) 100%
- Smith & Nephew Suzhou Holdings Limited 100%
- Smith & Nephew USD One Limited 100%
- Smith & Nephew, Inc. (1) 100%
- Smith & Nephew, Inc (2) 100%
- Smith ve Nephew Medikal Cihazlar Ticaret Limited Sirketi 100%
- S&N ORION PRIME, S.A. 100%
- TEAMfund, LP 6.77%
- Trice Medical, Inc. 0.5%
- Tusker Medical, Inc. 100%
- Engage Uni LLC 100%
- Smith & Nephew Chile SpA 100%
- Intrafuse LLC 42.16%
- CartiHeal Inc 100%
- CartiHeal (2009) Ltd 100%
Significant events
- “In November 2023 the Company opened a new branch in Saudi Arabia and as at 31 December 2024 it had two branches in Saudi Arabia.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARRACLOUGH, Helen Louise | Director | 2022-04-01 | May 1978 | British |
| GATAORA, Rajinder Singh | Director | 2021-10-01 | Jun 1978 | British |
| RICHFORD, Adam Nathaniel | Director | 2024-04-19 | Jan 1976 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MARSHALL, James William | Secretary | — | 1997-01-31 |
| PARSONS, Gemma Elizabeth Mary | Secretary | 2008-03-13 | 2008-03-13 |
| SMITH & NEPHEW NOMINEE SERVICES LIMITED | Corporate Secretary | 1997-01-31 | 2015-11-01 |
| ALLISON, Timothy John | Director | 2014-04-24 | 2021-03-26 |
| ASHWORTH, John Richard | Director | 2016-10-24 | 2019-10-21 |
| BAKER, Graham Timothy | Director | 2017-03-01 | 2017-10-23 |
| BRAUNHOFER, Joseph Samuel | Director | 2021-03-26 | 2024-04-26 |
| BROWN, Julie Belita | Director | 2013-02-04 | 2017-01-11 |
| CHAMBERS, Paul Richard | Director | 1999-07-02 | 2009-06-22 |
| HENNAH, Adrian | Director | 2006-06-15 | 2012-12-31 |
| HIGGINS, Philip Lyndon | Director | 2007-08-20 | 2007-12-31 |
| HOOLEY, Peter | Director | 1999-07-02 | 2006-06-30 |
| KINDER, Eric | Director | — | 1993-03-15 |
| LOMAX, Clifford Kenneth | Director | 2000-09-01 | 2007-12-31 |
| MARSHALL, James William | Director | — | 1997-01-31 |
| MELLING, Ian Clifford | Director | 2019-10-21 | 2022-06-06 |
| PARSON, Michael George | Director | 1993-03-15 | 2002-07-22 |
| PARSONS, Gemma Elizabeth Mary | Director | 2008-03-13 | 2014-08-06 |
| REUBEN, Victoria Anne | Director | 2017-05-15 | 2021-10-01 |
| REUBEN, Victoria Anne | Director | 2014-08-06 | 2016-05-01 |
| RICHARDSON, Elaine | Director | 2016-05-01 | 2016-10-04 |
| SUTTON, Joanna Victoria | Director | 2002-07-22 | 2003-06-20 |
| SWABEY, Susan Margaret | Director | 2009-05-22 | 2022-04-01 |
| TROLLOPE, David Alastair | Director | 1999-07-02 | 2000-09-01 |
| WILLATS, Brian John | Director | — | 1998-05-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| T.J.Smith And Nephew,Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2020-06-23 |
| Tp Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 200 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-25 | CH01 | officers | Change person director company with change date | |
| 2025-07-24 | AA | accounts | Accounts with accounts type full | |
| 2025-06-05 | CH01 | officers | Change person director company with change date | |
| 2024-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-16 | AA | accounts | Accounts with accounts type full | |
| 2024-06-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-23 | AA | accounts | Accounts with accounts type full | |
| 2023-08-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full | |
| 2022-07-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-09 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-06 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-05 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-27 | AA | accounts | Accounts with accounts type full | |
| 2021-07-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-30 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
-50.7%
£841,364 £415,122
-
Net assets
+1.4%
£7,914,352,854 £8,025,928,095
-
Employees
+12.5%
72 81
-
Operating profit
-67.4%
-£513,714 -£859,896
-
Profit before tax
+325.4%
-£49,495,182 £111,575,241
-
Wages
-5%
£4,928,836 £4,684,211
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