SABICHI HOMEWARES LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2027-01-25 (in 8mo)
Last made up 2026-01-11
Watchouts
None on the register
Cash
£2M
+154.9% vs 2023
Net assets
£10M
+5.9% vs 2023
Employees
62
+6.9% vs 2023
Profit before tax
£1M
+76.1% vs 2023
Name history
Renamed 2 times since incorporation
- SABICHI HOMEWARES LIMITED 2003-11-19 → present
- SABICHI HOUSEWARES LIMITED 2003-11-10 → 2003-11-19
- BAGGA PRODUCTS LIMITED 1994-07-12 → 2003-11-10
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-10-31
| Metric | Trend | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £33,684,808 | £34,949,224 | |
| Operating profit | — | — | — | — | £943,594 | £1,588,580 | |
| Profit before tax | — | — | — | — | £841,305 | £1,481,570 | |
| Net profit | — | — | — | — | £596,374 | £1,099,641 | |
| Cash | — | — | — | — | £822,710 | £2,096,998 | |
| Total assets less current liabilities | — | — | — | — | £10,264,665 | £10,666,776 | |
| Net assets | — | — | — | — | £9,792,126 | £10,366,767 | |
| Equity | £6,604,101 | — | — | — | £9,792,126 | £10,366,767 | |
| Average employees | — | — | — | — | 58 | 62 | |
| Wages | — | — | — | — | £2,302,971 | £2,507,422 |
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 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 2.8% | 4.5% | |
| Net margin | — | — | — | — | 1.8% | 3.1% | |
| Return on capital employed | — | — | — | — | 9.2% | 14.9% | |
| Current ratio | — | — | — | — | 1.94x | 1.78x | |
| Interest cover | — | — | — | — | 8.81x | 12.93x |
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
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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.”
Group structure
- SABICHI HOMEWARES LIMITED · parent
- Sabichi Ltd 100%
- Sabichi Homewares NI Ltd 100%
Significant events
- “During the financial year, the company has continued to build on its strategy of sustainable growth by investing in the launch of new categories and products.”
- “We also successfully expanded our reach by securing partnerships with new retailers and entering additional geographical markets.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAGGA, Mukesh Lata | Secretary | 1994-07-12 | — | British |
| BAGGA, Mukesh Lata | Director | 1994-07-12 | Jul 1956 | British |
| BAGGA, Sachin | Director | 2010-04-14 | Nov 1982 | British |
| BAGGA, Tarsem | Director | 1994-07-12 | Mar 1953 | British |
| PHULL, Sabrina | Director | 2006-11-01 | Aug 1981 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WATERLOW SECRETARIES LIMITED | Corporate Nominee Secretary | 1994-07-12 | 1994-07-12 |
| WATERLOW NOMINEES LIMITED | Corporate Nominee Director | 1994-07-12 | 1994-07-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bagga Holdings Ltd | Corporate entity | Shares 75–100% | 2019-01-31 | Active |
| Mr Tarsem Bagga | Individual | right-to-appoint-and-remove-directors-as-firm, Significant influence | 2016-11-01 | Ceased 2019-01-31 |
Filing timeline
Last 20 of 97 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-09 | AA | accounts | Accounts with accounts type full | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-17 | AA | accounts | Accounts with accounts type full | |
| 2024-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-16 | CH01 | officers | Change person director company with change date | |
| 2023-07-15 | AA | accounts | Accounts with accounts type full | |
| 2023-01-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-03 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-01-14 | CH01 | officers | Change person director company with change date | |
| 2022-01-14 | CH01 | officers | Change person director company with change date | |
| 2022-01-14 | CH01 | officers | Change person director company with change date | |
| 2022-01-14 | CH01 | officers | Change person director company with change date | |
| 2022-01-14 | CH03 | officers | Change person secretary company with change date | |
| 2022-01-14 | CH01 | officers | Change person director company with change date | |
| 2022-01-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-01-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-01-11 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-01-11 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-01-11 | PSC04 | persons-with-significant-control | Change to a person with significant control |
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 2024-10-31 vs 2023-10-31
-
Turnover
+3.8%
£33,684,808 £34,949,224
-
Cash
+154.9%
£822,710 £2,096,998
-
Net assets
+5.9%
£9,792,126 £10,366,767
-
Employees
+6.9%
58 62
-
Operating profit
+68.4%
£943,594 £1,588,580
-
Profit before tax
+76.1%
£841,305 £1,481,570
-
Wages
+8.9%
£2,302,971 £2,507,422
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