UNIVERSITIES SUPERANNUATION SCHEME LIMITED
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Cash
£297k
+45.6% highest in 3 filed years
Net assets
£0
Equity attributable
Employees
745
+4.1% highest in 3 filed years
Profit before tax
£0
Period ending 2026-03-31
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Total income | £143,755,000 | £191,098,000 | £211,715,000 | +10.8% | |
| Operating profit | £2,571,000 | £1,454,000 | £2,391,000 | +64.4% | |
| Profit before tax | £0 | £0 | £0 | — | |
| Net profit | £0 | £0 | £0 | — | |
| Cash | £293,000 | £204,000 | £297,000 | +45.6% | |
| Total assets less current liabilities | £33,998,000 | £33,803,000 | £29,557,000 | -12.6% | |
| Net assets | — | £0 | £0 | — | |
| Equity | £0 | £0 | £0 | — | |
| Average employees | 636 | 716 | 745 | +4.1% | |
| Wages | £52,379,000 | £60,281,000 | £63,871,000 | +6% | |
| Directors' remuneration | £785,000 | £827,000 | £844,000 | +2.1% | |
| Directors' pension contributions | £0 | £0 | £0 | — | |
| Highest paid director | £162,000 | £176,000 | £179,000 | +1.7% |
Values shown as filed in the company's annual accounts. — 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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 1.8% | 0.8% | 1.1% | |
| Net margin | 0.0% | 0.0% | 0.0% | |
| Return on capital employed | 7.6% | 4.3% | 8.1% | |
| Gearing (liabilities / total assets) | — | 100.0% | 100.0% | |
| Current ratio | 1.48x | 1.49x | 1.39x | |
| Interest cover | 1.00x | 1.00x | 1.00x |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“There are no factors of which the directors are aware that would materially impact the ability of the Group or Company to continue as a going concern for at least the 12 months following the approval of the financial statements and accordingly the financial statements have been prepared on a going concern basis.”
Group structure
- UNIVERSITIES SUPERANNUATION SCHEME LIMITED · parent
- USS Investment Management Limited 100%
- USS Secretarial Services Limited 100%
- USS MIPP Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 56 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BURT, Michael John | Secretary | 2022-10-01 | — | — |
| BARKER, Katharine Mary, Dame | Director | 2020-04-01 | Nov 1957 | British |
| CURRAN, Paul James, Professor Sir | Director | 2020-09-01 | May 1955 | British |
| D'AURIA, Marian Bronwen | Director | 2021-09-01 | Oct 1982 | British |
| DIXON, Gary | Director | 2019-04-01 | Sep 1964 | British |
| KELLEHER, Ellen Joan | Director | 2021-11-01 | Feb 1965 | British |
| KERNEIS, Alain | Director | 2022-01-24 | Dec 1968 | British |
| MARSH, Samuel John, Dr | Director | 2024-08-12 | Feb 1980 | British |
| PICOT, Russell Clive | Director | 2021-02-01 | Apr 1957 | British |
| SHAY, Helen Marina | Director | 2020-09-01 | Nov 1956 | British |
| SPINKS, Stephen William | Director | 2018-09-01 | Mar 1958 | British |
| TICKELL, Adam Thomas, Professor | Director | 2024-04-01 | Nov 1964 | British |
| WATTS, David Charles Hunter | Director | 2021-03-01 | Jun 1964 | British |
Show 56 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HILL, Jeremy | Secretary | 2016-03-31 | 2019-03-28 |
| MAYO, Nicola Jane Katherine | Secretary | 2019-03-28 | 2022-10-01 |
| SHERLOCK, Ian Montague | Secretary | 2005-08-01 | 2016-03-31 |
| WILLIAMS, John Peter | Secretary | — | 2005-07-31 |
| BELL, Alexander Scott | Director | 1996-08-01 | 2005-07-31 |
| BREAKWELL, Glynis Marie, Professor Dame | Director | 2009-09-01 | 2018-08-31 |
| BROWN, Andrew Charles | Director | 2020-08-01 | 2024-07-31 |
| BULL, Roger John, Prof | Director | 2004-02-01 | 2014-03-31 |
| BUTCHER, Michael Geoffrey | Director | 2004-11-01 | 2014-01-31 |
| CARTER, Kevin James, Dr | Director | 2012-09-01 | 2021-08-31 |
| CAZALET, Raymond Percival St George | Director | — | 1993-04-01 |
| CHALLIS, Christine Joyce, Dr | Director | — | 1997-09-30 |
| COLLINSON, Leonard | Director | — | 2004-01-31 |
| CREWE, Ivor Martin, Professor | Director | 2006-04-01 | 2007-09-30 |
| CRUM EWING, Janet Angela | Director | 1997-10-01 | 2003-09-30 |
| DAVIES, Graeme John, Professor Sir | Director | 1996-04-01 | 2006-03-31 |
| DAVIES, Graeme John, Professor | Director | — | 1995-10-01 |
| DEVLIN, Joseph William | Director | 2007-09-01 | 2015-10-10 |
| DIBBEN, Kenneth Francis | Director | — | 1999-03-31 |
| DONALD, Colin Dunlop | Director | — | 2004-06-30 |
| EASTWOOD, David Stephen, Professor Sir | Director | 2007-01-01 | 2020-08-31 |
| EDWARDS, Kenneth John Richard, Dr | Director | 1994-09-01 | 1997-03-31 |
| EGAN, Stephen Joseph | Director | 2009-10-06 | 2012-03-29 |
| EGAN, Stephen Joseph | Director | 2006-02-01 | 2006-12-31 |
| ENGLISH, Kirsten | Director | 2014-05-01 | 2021-01-31 |
| FENDER, Brian Edward Frederick, Sir | Director | 1995-10-01 | 2001-09-30 |
| FITZALAN HOWARD, Mark, Lord | Director | 1993-04-01 | 2002-03-31 |
| GOLDSTROM, Joachim Max, Dr | Director | 1998-06-01 | 2001-09-01 |
| GUPPY, David | Director | 2017-09-30 | 2019-12-03 |
| GUPPY, David | Director | 2005-09-01 | 2012-08-31 |
| HALSALL, Thomas Gilbert, Dr | Director | — | 1993-04-01 |
| HARRIS, Martin Best, Sir | Director | — | 2015-03-31 |
| HARRISON, David, Dr | Director | — | 1994-08-31 |
| HOLMES, Virginia Anne | Director | 2005-09-01 | 2013-08-31 |
| HUTTON, Jane Luise | Director | 2015-11-01 | 2019-10-10 |
| JACOBS, Howard Robert | Director | 2002-10-01 | 2012-09-30 |
| MAYBURY, Ian Richard | Director | 2013-11-01 | 2021-12-15 |
| MCDONNELL, David Croft | Director | 2007-04-01 | 2016-03-31 |
| MERRISON, Maureen Michele, Lady | Director | 2003-10-01 | 2009-09-30 |
| MERTON, Michael Ralph | Director | 2014-02-01 | 2021-01-31 |
| MUSCATELLI, Vito Antonio, Professor | Director | 2015-04-01 | 2024-03-31 |
| NEWBY, Howard Joseph, Sir | Director | 2001-04-01 | 2006-01-31 |
| PALMER, Stuart Beaumont, Professor | Director | 2016-03-31 | 2019-03-31 |
| POISSON, Michael Rene | Director | 2012-11-01 | 2021-10-31 |
| POTTS, Michael Stuart | Director | 1999-04-01 | 2007-03-31 |
| ROBERTS, Gareth Gwyn, Professor Sir | Director | 1997-04-01 | 2001-03-31 |
| ROGER, Angela May, Dr | Director | 2012-09-01 | 2016-08-31 |
| RUSSELL, Alastair Muir, Sir | Director | 2007-10-01 | 2009-08-31 |
| SHERLOCK, Edward Barry Orton | Director | — | 1996-07-31 |
| SPARROW, John, Sir | Director | — | 1996-03-31 |
| SUTCLIFFE, Charles Martin Sydenham | Director | 2001-09-01 | 2007-08-31 |
| TALBOT, Geoffrey Robson, Doctor | Director | 1993-04-01 | 1998-05-31 |
| TRYTHALL, John William Donald | Director | 2009-10-01 | 2017-09-30 |
| TRYTHALL, John William Donald | Director | — | 2005-08-31 |
| WARWICK, Diana | Director | 2001-06-20 | 2009-08-31 |
| WHARTON, Steve, Dr | Director | 2016-09-01 | 2020-08-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 286 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-08-09 RESOLUTIONS Resolution
- 2024-08-09 MA Memorandum articles
- 2024-04-05 MA Memorandum articles
- 2024-04-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-09 | AA | accounts | Accounts with accounts type group | |
| 2026-01-20 | CH01 | officers | Change person director company with change date | |
| 2025-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-26 | CH01 | officers | Change person director company with change date | |
| 2025-09-25 | CH01 | officers | Change person director company with change date | |
| 2025-07-31 | AA | accounts | Accounts with accounts type group | |
| 2025-05-16 | CH01 | officers | Change person director company with change date | |
| 2024-10-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-09 | RESOLUTIONS | resolution | Resolution | |
| 2024-08-09 | MA | incorporation | Memorandum articles | |
| 2024-08-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-30 | AA | accounts | Accounts with accounts type group | |
| 2024-04-05 | MA | incorporation | Memorandum articles | |
| 2024-04-05 | RESOLUTIONS | resolution | Resolution | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-15 | CH01 | officers | Change person director company with change date | |
| 2023-10-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-04 | AA | accounts | Accounts with accounts type group |
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.