HY-PRO INTERNATIONAL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-03 (in 2mo)
Last made up 2025-06-19
Watchouts
None on the register
Cash
£3M
+117.8% vs 2023
Net assets
£5M
-22.7% vs 2023
Employees
32
-5.9% vs 2023
Profit before tax
£4M
+66.6% vs 2023
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £22,144,000 | £22,221,000 | |
| Operating profit | — | — | — | — | £2,577,000 | £2,297,000 | |
| Profit before tax | — | — | — | — | £2,202,000 | £3,669,000 | |
| Net profit | — | £670,000 | — | £558,000 | £1,728,000 | £3,253,000 | |
| Cash | — | £786,000 | — | £3,462,000 | £1,360,000 | £2,962,000 | |
| Total assets less current liabilities | — | £4,314,000 | — | £5,110,000 | £9,288,000 | £5,422,000 | |
| Net assets | — | £2,402,000 | — | £1,360,000 | £6,711,000 | £5,187,000 | |
| Equity | £2,127,000 | £2,402,000 | — | £1,360,000 | £6,711,000 | £5,187,000 | |
| Average employees | — | 24 | — | 19 | 34 | 32 | |
| Wages | — | — | — | — | £2,061,000 | £2,285,000 |
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 | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 11.6% | 10.3% | |
| Net margin | — | — | — | — | 7.8% | 14.6% | |
| Return on capital employed | — | — | — | — | 27.7% | 42.4% | |
| Current ratio | — | — | — | — | 1.85x | 1.57x | |
| Interest cover | — | — | — | — | 6.87x | 7.56x |
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
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis which assumes that the Group and Parent Company will continue in operational existence for the foreseeable future. The Directors have reviewed cash flow forecasts for a period of not less than 12 months from the date of approval of the financial statements and are confident that the Group and Parent Company will be able to pay its liabilities as they fall due.”
Group structure
- HY-PRO INTERNATIONAL LIMITED · parent
- Hy-Pro Asia Limited 100%
- Radial Cycles Limited 100%
- Hy-Pro Sports Europe Limited 100%
Significant events
- “During 2023, the Company had entered into a lease for a larger warehouse premises to bring all its operation under one roof... The relocation in 2024 was a complicated exercise, and inevitably the resulting disruption caused as a result of the move had a significant impact on trading in the first and second quarters of the year.”
- “The Company sold its old premises, the resulting profit on sale of property has been disclosed separately on the face of the Consolidated Statement of Comprehensive Income as non-operating income of £1.7m.”
- “On 9 April 2024, an Irish entity Hy-Pro Sports Europe Limited was incorporated as a 100% owned subsidiary of Hy-Pro International Limited to facilitate trade to European customers.”
- “Post year end, on 18 March 2025, an US entity Hy-Pro USA Inc was incorporated as a 100% subsidiary of Hy-Pro International Limited to facilitate trade to American customers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHAH, Varsha | Secretary | 2016-12-01 | — | — |
| CHATTERJEE, Diya | Director | 2022-10-01 | May 1979 | British |
| HANNAH, Sarah Elizabeth | Director | 2025-03-14 | Jan 1967 | British |
| SHAH, Atul | Director | 1992-06-19 | Aug 1959 | British |
| SHAH, Bhavik | Director | 2023-11-23 | Feb 1997 | British |
| SHAH, Chirag Rohitbhai | Director | 2020-10-07 | Nov 1979 | British |
| WRAY, Nigel William | Director | 2013-04-15 | Apr 1948 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAKER, Robert Leslie David | Secretary | 2005-06-09 | 2007-01-31 |
| DALE, Virginia | Secretary | 2007-02-26 | 2014-03-21 |
| RAVINDRA RAJAH, Muthukrishna | Secretary | 2014-03-22 | 2019-07-25 |
| SHAH, Varsha Atul | Secretary | 1992-06-19 | 2005-06-09 |
| FIRST SECRETARIES LIMITED | Corporate Nominee Secretary | 1992-06-19 | 1992-06-22 |
| PEARCE, Ian Robin | Director | 2023-03-01 | 2023-03-01 |
| PICKAVANCE, Simon | Director | 2008-01-01 | 2018-09-25 |
| RAVINDRA RAJAH, Muthukrishna Rajah | Director | 2013-02-18 | 2022-09-30 |
| SONI, Arun | Director | 1992-06-19 | 2013-04-16 |
| SWEET, David | Director | 2000-10-01 | 2007-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vistra Trustees (Mauritius) Limited | Corporate entity | Shares 25–50% | 2018-01-29 | Ceased 2018-01-29 |
| Mr Pareshkumar Shah | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-01-29 |
| Euroblue Investments Ltd | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 156 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-13 | AA | accounts | Accounts with accounts type group | |
| 2025-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-30 | AA | accounts | Accounts with accounts type group | |
| 2024-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-20 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-12-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-23 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-13 | AA | accounts | Accounts with accounts type group | |
| 2023-06-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-10 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-06 | AA | accounts | Accounts with accounts type group | |
| 2022-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-16 | AA | accounts | Accounts with accounts type group | |
| 2021-08-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-07 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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
+0.3%
£22,144,000 £22,221,000
-
Cash
+117.8%
£1,360,000 £2,962,000
-
Net assets
-22.7%
£6,711,000 £5,187,000
-
Employees
-5.9%
34 32
-
Operating profit
-10.9%
£2,577,000 £2,297,000
-
Profit before tax
+66.6%
£2,202,000 £3,669,000
-
Wages
+10.9%
£2,061,000 £2,285,000
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