TRANSEUR EXPORT FINANCE CO. LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-27 (in 8mo)
Last made up 2026-01-13
Watchouts
Cash
£5M
-24.4% vs 2023
Net assets
£7M
+62.4% highest in 5 filed years
Employees
8
0% vs 2023
Profit before tax
£4M
+23.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. However, the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern.
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £17,311,887 | £21,298,565 | |
| Operating profit | — | — | — | — | £3,193,291 | £3,941,757 | |
| Profit before tax | — | — | — | — | £3,219,270 | £3,964,985 | |
| Net profit | — | — | — | — | £2,442,995 | £3,025,104 | |
| Cash | £999,177 | £734,935 | £1,539,340 | — | £6,167,251 | £4,662,479 | |
| Total assets less current liabilities | £655,960 | £676,982 | £800,739 | — | £4,401,148 | £7,080,724 | |
| Net assets | £648,260 | £669,362 | £793,491 | — | £4,357,677 | £7,077,781 | |
| Equity | £648,260 | £669,362 | £793,491 | — | £4,357,677 | £7,077,781 | |
| Average employees | 7 | 7 | 7 | — | 8 | 8 | |
| Wages | — | — | — | — | £195,472 | £223,249 |
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 18.4% | 18.5% | |
| Net margin | — | — | — | — | 14.1% | 14.2% | |
| Return on capital employed | — | — | — | — | 72.6% | 55.7% | |
| Current ratio | — | — | — | — | 2.13x | 4.12x | |
| Interest cover | — | — | — | — | 2771.95x | 199.20x |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Azets Audit Services
- Audit opinion
- Qualified
- Going concern
- Material uncertainty disclosed
“The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. However, the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern.”
Significant events
- “The company is involved in three separate legal actions that have been ongoing since 2014. The claims allege trademark infringement, bad faith IP legal proceedings, and unfair competition activities, with total damages sought amounting to approximately £2 million, in addition to estimated legal fees of £500,000. A judgement was made against the company in 2019, which is currently under appeal.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NANDWANI, Bhagwan Philip | Secretary | 1996-09-01 | — | British |
| NANDWANI, Amrita Veena | Director | 2025-09-29 | Jul 1996 | British |
| NANDWANI, Bhagwan Philip | Director | 1996-09-01 | May 1963 | British |
| NANDWANI, Gobind | Director | — | Mar 1931 | British |
| NANDWANI, Sajni | Director | — | Nov 1936 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NANDWANI, Karuna Paul | Secretary | 1993-09-10 | 1996-09-01 |
| NANDWANI, Sajni Gobind | Secretary | — | 1993-09-10 |
| NANDWANI, Hemandas Naraindas | Director | — | 1995-08-03 |
| NANDWANI, Paul Godwin | Director | 1993-09-10 | 1996-09-01 |
| PANDE, Snam | Director | — | 1993-12-10 |
| SATYADEV, Shree | Director | — | 1993-12-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Bhagwan Philip Nandwani | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-15 | Active |
| Mrs Sajni Nandwani | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2024-10-22 |
| Mr Gobind Nandwani | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2024-10-15 |
Filing timeline
Last 20 of 162 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-11 | AA | accounts | Accounts with accounts type full | |
| 2025-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-23 | CH01 | officers | Change person director company with change date | |
| 2025-01-23 | CH01 | officers | Change person director company with change date | |
| 2025-01-23 | CH01 | officers | Change person director company with change date | |
| 2025-01-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-10-28 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-28 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-10-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-10-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-01-13 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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
+23%
£17,311,887 £21,298,565
-
Cash
-24.4%
£6,167,251 £4,662,479
-
Net assets
+62.4%
£4,357,677 £7,077,781
highest in 5 filed years
-
Employees
0%
8 8
-
Operating profit
+23.4%
£3,193,291 £3,941,757
-
Profit before tax
+23.2%
£3,219,270 £3,964,985
-
Wages
+14.2%
£195,472 £223,249
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers