S.R.G. APPAREL PLC
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Cash
£373k
+299.3% vs 2025
Net assets
£11m
+2.7% highest in 6 filed years
Employees
69
+9.5% vs 2025
Profit before tax
£379k
-55.6% lowest in 6 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £31,933,444 | £41,203,534 | £44,302,980 | £39,651,778 | £41,115,713 | £41,441,352 | +0.8% | |
| Operating profit | — | — | — | £2,553,626 | £1,316,035 | £1,709,953 | +29.9% | |
| Profit before tax | £863,644 | £2,851,768 | £730,285 | £1,901,927 | £854,683 | £379,221 | -55.6% | |
| Net profit | £863,644 | £2,851,768 | £615,492 | £1,439,958 | £631,517 | £293,877 | -53.5% | |
| Cash | £909,872 | £23,190 | £125,269 | £54,373 | £93,440 | £373,071 | +299.3% | |
| Total assets less current liabilities | £8,846,867 | £10,304,782 | £9,586,940 | £10,246,722 | £10,862,850 | £11,137,121 | +2.5% | |
| Net assets | £5,230,791 | £8,082,559 | £8,698,051 | £10,138,009 | £10,769,526 | £11,063,403 | +2.7% | |
| Equity | £5,230,791 | £8,082,559 | £8,698,051 | £10,138,009 | £10,769,526 | £11,063,403 | +2.7% | |
| Average employees | 72 | 64 | 65 | 66 | 63 | 69 | +9.5% | |
| Wages | £2,658,075 | £2,618,092 | £2,958,016 | £3,200,453 | £4,654,581 | £4,862,992 | +4.5% | |
| Directors' remuneration | £518,597 | £545,488 | £597,402 | £510,720 | £1,295,295 | £1,324,058 | +2.2% | |
| Directors' pension contributions | — | — | — | £43,741 | £43,740 | £43,741 | 0% | |
| Highest paid director | — | — | — | £186,684 | £599,172 | £606,760 | +1.3% |
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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 6.4% | 3.2% | 4.1% | |
| Net margin | 2.7% | 6.9% | 1.4% | 3.6% | 1.5% | 0.7% | |
| Return on capital employed | — | — | — | 24.9% | 12.1% | 15.4% | |
| Gearing (liabilities / total assets) | 60.0% | 48.5% | 54.0% | 29.7% | 36.2% | 41.1% | |
| Current ratio | — | — | — | 3.40x | 2.76x | 2.42x | |
| Interest cover | — | — | — | 3.92x | 2.85x | 1.28x |
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.
Name history
Renamed 2 times since incorporation
- S.R.G. APPAREL PLC 2011-01-19 → present
- S.R.G. APPAREL LIMITED 2011-01-17 → 2011-01-19
- S.R.G. IMPORTS LIMITED 1998-12-29 → 2011-01-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- The Moffatts Partnership LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being a period of at least twelve months from the date of approval of these financial statements.”
Group structure
- S.R.G. APPAREL PLC · parent
- Le Shark Apparel Limited 50%
Significant events
- “On 11th July 2026, Grabal Alok (UK) Limited, which held 50% of the issued share capital of Le Shark Apparel Limited, was dissolved following the completion of its liquidation.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SPENCE, Andrew William | Secretary | 2016-12-21 | — | — |
| PASSI, Nita | Director | 1998-12-29 | Apr 1956 | British |
| PASSI, Rajesh Kumar | Director | 1998-12-29 | Aug 1954 | British |
| PASSI, Rohit | Director | 2015-03-12 | Nov 1980 | British |
| SPENCE, Andrew William | Director | 2016-12-21 | Jun 1965 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PASSI, Rajesh Kumar | Secretary | 1998-12-29 | 2005-03-11 |
| PATEL, Mahesh | Secretary | 2005-03-11 | 2016-12-21 |
| PATEL, Mahesh | Director | 2011-10-01 | 2016-12-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Rajesh Kumar Passi | Individual | Shares 75–100% | 2016-04-06 | Active |
| Mrs Nita Passi | Individual | Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 104 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-01 | AA | accounts | Accounts with accounts type full | |
| 2025-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-08-18 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2023-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-04 | AA | accounts | Accounts with accounts type full | |
| 2022-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-21 | AA | accounts | Accounts with accounts type full | |
| 2021-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-08-28 | AA | accounts | Accounts with accounts type full | |
| 2021-01-09 | AA | accounts | Accounts with accounts type full | |
| 2020-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-24 | AA | accounts | Accounts with accounts type full | |
| 2018-12-10 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.