METDIST LIMITED
Operating as the parent entity for a diversified group, the company manages interests ranging from its historical core in metals trading on the London Metal Exchange to IT infrastructure and philanthropic initiatives.
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Cash
£9.2M
USD 12,248,000
+1,657.2% highest in 3 filed years
Net assets
£60M
USD 80,414,000
-69.1% lowest in 3 filed years
Employees
37
+2.8% highest in 3 filed years
Profit before tax
£1.8M
USD 2,388,000
-77.9% first positive since 2023
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £761,305,585 | £790,973,948 | £953,635,275 | +20.6% | |
| Operating profit | -£2,888,157 | -£4,288,816 | -£3,120,976 | +27.2% | |
| Profit before tax | -£19,199,730 | £8,086,540 | £1,787,693 | -77.9% | |
| Net profit | -£19,338,224 | £6,931,427 | £1,704,596 | -75.4% | |
| Cash | £2,391,825 | £521,785 | £9,169,037 | +1,657.2% | |
| Total assets less current liabilities | £188,179,368 | £195,110,795 | £60,199,132 | -69.1% | |
| Net assets | £188,179,368 | £195,110,795 | £60,199,132 | -69.1% | |
| Equity | £188,179,368 | £195,110,795 | £60,199,132 | -69.1% | |
| Average employees | 33 | 36 | 37 | +2.8% | |
| Wages | £2,011,529 | £2,598,443 | £2,304,986 | -11.3% | |
| Directors' remuneration | £1,134,900 | £1,538,404 | £1,116,934 | -27.4% |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | -0.4% | -0.5% | -0.3% | |
| Net margin | -2.5% | 0.9% | 0.2% | |
| Return on capital employed | -1.5% | -2.2% | -5.2% | |
| Gearing (liabilities / total assets) | 37.6% | 38.2% | — | |
| Current ratio | 2.58x | 1.12x | 1.10x | |
| Interest cover | -0.07x | -0.24x | -0.12x |
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
- Ferguson Maidment & Co
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's directors have a reasonable expectation that the Company will be able to continue in operational existence for the foreseeable future and at least for the 12 months period from the approval of these financial statements. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- METDIST LIMITED · parent
- Apnapaisa Holdings Private Limited 100%
- TVAM Holdings Private Limited 100%
- Lilaea Estates Limited 100%
- Metdist Jersey Limited 100%
- Metdist Investments Limited 100%
- Geosansar Mauritius Limited 100%
- Metdist Industries Holdings Limited 100%
- Metatech Holdings Limited 100%
- Mettrade FZCO 100%
- Metdist FZCO 100%
- Metdist Technologies ehf. 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAGRI, Apurv, The Honourable Mr | Director | — | Nov 1959 | Cypriot |
| BAGRI, Lady Usha | Director | 2017-09-01 | Jan 1939 | Cypriot |
| KLERIDES, Christakis | Director | 2012-08-14 | Aug 1951 | Cypriot |
| PAPADOPOULOS, Viktor | Director | 2014-07-08 | Oct 1953 | Cypriot |
| PILIDES, Phidias | Director | 2012-08-14 | Dec 1951 | Cypriot |
| SINGHI, Uday | Director | 2012-09-13 | Feb 1952 | Cypriot |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAGRI, Usha, Lady | Secretary | — | 2012-08-17 |
| PRICEWATERHOUSECOOPERS ASSOCIATES LIMITED | Corporate Secretary | 2012-09-13 | 2014-07-31 |
| BAGRI, Raj Kumar, Lord | Director | — | 2017-04-26 |
| BRITO, Joseph Michael Suresh | Director | 1993-09-29 | 1997-08-31 |
| CHURCH, Anthony William | Director | — | 1996-04-26 |
| GATEHOUSE, Ronald James | Director | — | 2003-12-31 |
| PAPHITI, Eleni | Director | 2012-08-14 | 2014-07-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Richard John Martin | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-29 | Active |
| The Honourable Mr Apurv Bagri | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 145 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-06 | AA | accounts | Accounts with accounts type full | |
| 2025-11-26 | CH01 | officers | Change person director company with change date | |
| 2025-10-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-18 | CH01 | officers | Change person director company with change date | |
| 2025-09-18 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-05 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-03 | AA | accounts | Accounts with accounts type full | |
| 2024-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-20 | CH01 | officers | Change person director company with change date | |
| 2024-06-05 | CH01 | officers | Change person director company with change date | |
| 2024-06-05 | CH01 | officers | Change person director company with change date | |
| 2023-11-28 | AA | accounts | Accounts with accounts type full | |
| 2023-09-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-14 | AA | accounts | Accounts with accounts type full | |
| 2022-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-01-04 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.