USHA MARTIN UK LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-06-14 (in 1mo)
Last made up 2025-05-31
Watchouts
None on the register
Cash
£3M
+54.8% vs 2024
Net assets
£37M
+0.7% highest in 4 filed years
Employees
183
0% vs 2024
Profit before tax
£433K
-91.7% vs 2024
Name history
Renamed 1 time since incorporation
- USHA MARTIN UK LIMITED 1998-10-12 → present
- BEALAW (472) LIMITED 1998-07-08 → 1998-10-12
Net assets
7-year trend · vs Consumer Discretionary 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 | — | — | — | £36,870,000 | — | £55,118,054 | £59,338,262 | |
| Operating profit | — | — | — | £392,000 | — | £5,236,906 | £476,968 | |
| Profit before tax | — | — | — | £392,000 | £5,738,000 | £5,220,601 | £433,451 | |
| Net profit | — | — | — | -£124,000 | £4,633,000 | £4,000,876 | £270,505 | |
| Cash | — | — | — | £2,019,000 | £3,180,000 | £1,687,504 | £2,611,744 | |
| Total assets less current liabilities | — | — | — | £31,033,000 | £35,658,000 | £38,309,793 | £39,246,060 | |
| Net assets | — | — | — | £29,065,000 | £33,698,000 | £36,428,091 | £36,698,576 | |
| Equity | £27,451,000 | £28,480,000 | £29,189,000 | £29,065,000 | £33,698,000 | £36,428,091 | £36,698,576 | |
| Average employees | — | — | — | 165 | — | 183 | 183 | |
| Wages | — | — | — | £5,068,000 | £5,970,000 | £6,292,812 | £7,851,906 |
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 | — | — | — | 1.1% | — | 9.5% | 0.8% | |
| Net margin | — | — | — | -0.3% | — | 7.3% | 0.5% | |
| Return on capital employed | — | — | — | 1.3% | — | 13.7% | 1.2% | |
| Current ratio | — | — | — | — | — | 2.16x | 2.08x | |
| Interest cover | — | — | — | — | — | 160.62x | 9.57x |
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
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “Over the last weeks our Senior Management Team further worked and concluded upon the new business model. This model will allow a promising outlook for BSUK over time, but will also unfortunately affect the production activity level within our company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRACCO GARTNER, Dimitri | Director | 2020-05-21 | May 1970 | Dutch |
| JHAWAR, Rajeev | Director | 1999-08-11 | Nov 1964 | Indian |
| PARIHAR, Dhanraj | Director | 2024-11-01 | Jan 1980 | Indian |
| PAUL, Abhijit | Director | 2024-05-01 | Sep 1979 | Indian |
| RAVI, Sethurathnam | Director | 2022-02-11 | Jul 1959 | Indian |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOOD, Simon | Secretary | 2010-08-20 | 2022-07-01 |
| JODHAWAT, Shyam | Secretary | 2001-08-24 | 2006-04-01 |
| JODHAWAT, Shyam | Secretary | 1999-04-06 | 2000-09-29 |
| SAHA, Somnath | Secretary | 2006-04-01 | 2009-05-22 |
| SARKAR, Sanjay Kumar | Secretary | 1999-05-27 | 1999-06-24 |
| STEEL, Graham | Secretary | 2009-06-15 | 2010-08-20 |
| TREVANION, Ruth Isobel | Secretary | 2000-09-29 | 2001-06-30 |
| BEACH SECRETARIES LIMITED | Corporate Nominee Secretary | 1998-07-08 | 1999-04-06 |
| BHATTACHARYA, Purandar | Director | 2001-02-14 | 2011-08-04 |
| GANGOPADHYAY, Tapas | Director | 2022-06-13 | 2025-04-30 |
| HOOD, Simon Leonard | Director | 2020-05-21 | 2022-07-01 |
| JAIN, Pravin Kumar | Director | 2011-08-25 | 2020-05-17 |
| JODHAWAT, Shyam | Director | 1999-04-07 | 2022-06-15 |
| ROHATGI, Mukesh | Director | 2019-09-23 | 2021-12-08 |
| ROYCHOUDHURY, Ranadurjoy | Director | 1999-08-11 | 2001-08-20 |
| SAHA, Somnath | Director | 2022-06-13 | 2024-10-31 |
| SANYAL, Anirban | Director | 2020-05-21 | 2024-04-30 |
| SCUTT, Paul | Director | 2001-08-24 | 2019-01-06 |
| THAKKER, Bharat | Director | 1999-04-07 | 2000-11-20 |
| CROFT NOMINEES LIMITED | Corporate Nominee Director | 1998-07-08 | 1999-04-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Usha Martin International Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 142 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-21 | AA | accounts | Accounts with accounts type full | |
| 2025-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-27 | ANNOTATION | miscellaneous | Legacy | |
| 2025-01-27 | ANNOTATION | miscellaneous | Legacy | |
| 2025-01-27 | ANNOTATION | miscellaneous | Legacy | |
| 2024-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-15 | AA | accounts | Accounts with accounts type full | |
| 2024-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-06-07 | AA | accounts | Accounts with accounts type full | |
| 2023-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-09 | AA | accounts | Accounts with accounts type full | |
| 2022-07-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-07-05 | TM01 | officers | Termination director company with name termination date |
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
+7.7%
£55,118,054 £59,338,262
highest in 3 filed years
-
Cash
+54.8%
£1,687,504 £2,611,744
-
Net assets
+0.7%
£36,428,091 £36,698,576
highest in 4 filed years
-
Employees
0%
183 183
-
Operating profit
-90.9%
£5,236,906 £476,968
-
Profit before tax
-91.7%
£5,220,601 £433,451
-
Wages
+24.8%
£6,292,812 £7,851,906
highest in 4 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