DR REDDY'S LABORATORIES (UK) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-05-14 (this month)
Last made up 2025-04-30
Watchouts
None on the register
Cash
£1M
-0.5% vs 2024
Net assets
£52M
-7.5% vs 2024
Employees
40
+11.1% vs 2024
Profit before tax
£7M
-60.2% vs 2024
Net assets
7-year trend · vs Health Care median
Accounts
7-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £40,293,293 | — | £60,797,188 | £67,366,999 | |
| Operating profit | — | — | — | £1,769,207 | — | £15,414,563 | £5,382,174 | |
| Profit before tax | — | — | — | £2,066,563 | — | £17,758,151 | £7,072,034 | |
| Net profit | — | — | — | £1,910,224 | — | £13,315,584 | £5,803,745 | |
| Cash | — | — | — | £559,225 | — | £1,363,850 | £1,357,415 | |
| Total assets less current liabilities | — | — | — | £37,068,151 | — | £56,197,200 | £52,002,608 | |
| Net assets | — | — | — | £37,055,934 | — | £56,182,542 | £51,986,287 | |
| Equity | £29,386,394 | £32,855,867 | £35,145,710 | £37,055,934 | £42,866,958 | £56,182,542 | £51,986,287 | |
| Average employees | — | — | — | 45 | — | 36 | 40 | |
| Wages | — | — | — | £3,330,328 | — | £2,577,158 | £4,526,069 |
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 | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 4.4% | — | 25.4% | 8.0% | |
| Net margin | — | — | — | 4.7% | — | 21.9% | 8.6% | |
| Return on capital employed | — | — | — | 4.8% | — | 27.4% | 10.3% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 28.6% | 27.2% | |
| Current ratio | — | — | — | — | — | 3.45x | 3.65x | |
| Interest cover | — | — | — | 195.69x | — | — | 322.17x |
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 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Sadofskys
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “We have successfully started distribution of our first entry into the biosimilars market.”
- “Other income for the year ended 31st March 2024 included £9,550,000 which related to settlement of a product related litigation by the company and its affiliates in the United Kingdom.”
- “principal decisions taken by the Board as those decisions in 2024/25 that are of a strategic nature and that are significant to any of our key stakeholder groups. As outlined in the FRC Guidance on the Strategic Report, we include decisions related to capital allocation and dividend policy.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAHETI, Anup Kumar | Secretary | 2022-05-17 | — | — |
| AGHANIAN, Patrick | Director | 2020-03-04 | Jan 1965 | Iranian |
| KUMAR, Manoj | Director | 2025-04-30 | Aug 1985 | Indian |
| MANNAM, Venkata Narsimham | Director | 2010-05-03 | May 1968 | Indian |
| OBERTE, Kristine | Director | 2024-04-30 | Aug 1978 | Latvian |
| REDDY, Kallam Satish | Director | 2005-03-14 | Jun 1967 | Indian |
| YASSAR, Mohammed | Director | 2021-05-06 | Apr 1981 | Indian |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BANDALI, Abbas | Secretary | 2012-07-29 | 2017-08-04 |
| BRODRICK, Andrew, Dr | Secretary | 1999-05-10 | 2002-04-11 |
| DAVIES, Robin | Secretary | 2002-04-11 | 2004-07-30 |
| NATU, Sameer | Secretary | 2004-09-27 | 2012-07-29 |
| SANE, Ramanjaneyulu | Secretary | 2017-08-04 | 2022-05-17 |
| SOLOMON, Charmian, Mrs. | Secretary | — | 1996-11-25 |
| SPURLING, Alan Malcolm | Secretary | 1996-11-25 | 1998-01-05 |
| VOERMAN, Peter | Secretary | 1998-01-05 | 1999-05-10 |
| BONTHU, Viswanatha | Director | 2002-04-11 | 2013-03-31 |
| BRODRICK, Andrew, Dr | Director | 1999-05-10 | 2002-04-11 |
| CHAPLIN, David Andrew | Director | 2018-02-20 | 2019-01-31 |
| DAVIES, Robin | Director | 1999-05-10 | 2004-07-30 |
| DE RIJCKE, Pieter Willem Jacobus | Director | 1996-11-25 | 1999-05-10 |
| EWERS, Michael | Director | 2012-05-10 | 2014-11-27 |
| GREGORY, Neil Windsor | Director | 1999-05-10 | 2005-03-14 |
| HARTMAN, Mark | Director | 2002-04-11 | 2008-10-29 |
| HAZELEBACH, Gerard Willem | Director | 1998-07-01 | 1999-05-10 |
| KILHAM, Jonathan Paul | Director | 2010-05-03 | 2013-03-31 |
| KOHLI, Subir | Director | 2013-04-10 | 2019-11-29 |
| MCAULIFFE, Sean | Director | 2020-01-01 | 2021-05-31 |
| OTTEN, Edwin | Director | 1997-05-01 | 1998-05-07 |
| REID, Cameron | Director | 2002-04-11 | 2004-04-05 |
| SAWHNEY, Arun | Director | 2004-04-13 | 2008-04-29 |
| SHEPPARD, Alan | Director | 2004-11-01 | 2007-03-31 |
| SOLOMON, Montague Cecil, Dr | Director | — | 1996-11-25 |
| TROCHE, Clemens Johannes | Director | 2014-11-27 | 2019-05-15 |
| VAN HEDEL, Theodorus Johannes Maria | Director | 1998-05-07 | 1999-05-10 |
| VASUDEVAN, Vishar Subramanian | Director | 2002-05-10 | 2010-03-30 |
| VOERMAN, Peter | Director | 1998-01-05 | 1999-05-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dr Reddys Laboratories (Eu) Ltd | Corporate entity | Shares 75–100% | 2016-04-07 | Active |
Filing timeline
Last 20 of 186 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-06 | AA | accounts | Accounts with accounts type full | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-03 | AA | accounts | Accounts with accounts type full | |
| 2024-05-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-30 | AA | accounts | Accounts with accounts type full | |
| 2023-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-15 | AA | accounts | Accounts with accounts type full | |
| 2022-09-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-06-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-05-19 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-05-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-04 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-05-03 | CH01 | officers | Change person director company with change date | |
| 2021-12-22 | AA | accounts | Accounts with accounts type full | |
| 2021-06-20 | TM01 | officers | Termination director company with name termination date | |
| 2021-05-17 | AP01 | officers | Appoint person director company with name date | |
| 2021-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+10.8%
£60,797,188 £67,366,999
highest in 3 filed years
-
Cash
-0.5%
£1,363,850 £1,357,415
-
Net assets
-7.5%
£56,182,542 £51,986,287
-
Employees
+11.1%
36 40
-
Operating profit
-65.1%
£15,414,563 £5,382,174
-
Profit before tax
-60.2%
£17,758,151 £7,072,034
-
Wages
+75.6%
£2,577,158 £4,526,069
highest in 3 filed years
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