UNIVERSAL TEXTILES UK LTD
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Next accounts due
2026-05-31 (this month)
Last filed for 2024-08-31
Confirmation statement due
2027-05-01 (in 1y)
Last made up 2026-04-17
Watchouts
None on the register
Cash
£545K
-46.8% lowest in 3 filed years
Net assets
£1M
-19.5% vs 2023
Employees
137
-2.1% lowest in 3 filed years
Profit before tax
—
Period ending 2024-08-31
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-08-31
| Metric | Trend | 2018-08-31 | 2019-08-31 | 2020-08-31 | 2021-08-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £21,536,806 | — | — | |
| Operating profit | — | — | — | — | £1,054,961 | — | — | |
| Profit before tax | — | — | — | — | £1,001,041 | — | — | |
| Net profit | — | — | — | — | £797,128 | — | — | |
| Cash | — | — | — | — | £1,351,467 | £1,023,518 | £544,699 | |
| Total assets less current liabilities | — | — | — | — | £2,078,764 | £2,109,982 | £2,104,976 | |
| Net assets | — | — | — | — | £958,347 | £1,490,172 | £1,199,967 | |
| Equity | £3,192,088 | £3,871,955 | £1,395,485 | £2,161,198 | £958,347 | — | — | |
| Average employees | — | — | — | — | 169 | 140 | 137 | |
| Wages | — | — | — | — | £1,715,282 | — | — |
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 | 2018-08-31 | 2019-08-31 | 2020-08-31 | 2021-08-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 4.9% | — | — | |
| Net margin | — | — | — | — | 3.7% | — | — | |
| Return on capital employed | — | — | — | — | 50.7% | — | — | |
| Interest cover | — | — | — | — | 71.66x | — | — |
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
- Templetons (Holdings) Limited
- 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 group's and the parent 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
- “The company has performed well against a backdrop of challenging business conditions and market uncertainty, particularly in its business with European countries and rest of the world. The company's benefited from the weakness in sterling during the period which helped its competitiveness.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KARIA, Ravi | Secretary | 2009-04-01 | — | British |
| JOULES, Michael | Director | 2025-02-05 | Aug 1989 | British |
| KARIA, Harshika | Director | 2025-02-20 | Mar 1960 | British |
| KARIA, Karan | Director | 2025-02-05 | Dec 1994 | British |
| KARIA, Mahesh | Director | 2009-04-01 | Aug 1956 | British |
| KARIA, Ravi | Director | 2009-04-01 | May 1983 | British |
| SANDALL, Craig John | Director | 2017-06-01 | Jan 1987 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURCHNALL, Vivien Jane Gibson | Secretary | 2017-06-26 | 2017-12-20 |
| KARIA, Harshika | Director | 2021-01-11 | 2025-02-05 |
| KARIA, Natasha | Director | 2021-01-11 | 2025-02-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rkmax Limited | Corporate entity | Shares 75–100% | 2019-09-16 | Active |
| Mr Craig John Sandall | Individual | Significant influence | 2017-06-01 | Active |
| Mrs Harshika Karia | Individual | Significant influence | 2017-04-26 | Active |
| Mr Mahesh Karia | Individual | Significant influence | 2016-07-01 | Active |
| Mr Ravi Karia | Individual | Significant influence | 2016-07-01 | Active |
Filing timeline
Last 20 of 90 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-29 RESOLUTIONS Resolution
- 2025-05-29 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-29 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-29 | MA | incorporation | Memorandum articles | |
| 2025-05-20 | AA | accounts | Accounts with accounts type group | |
| 2025-05-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-28 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-28 | AA | accounts | Accounts with accounts type full | |
| 2024-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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 2024-08-31 vs 2023-08-31
-
Turnover
—
Not reported
-
Cash
-46.8%
£1,023,518 £544,699
lowest in 3 filed years
-
Net assets
-19.5%
£1,490,172 £1,199,967
-
Employees
-2.1%
140 137
lowest 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