INDICA INDUSTRIES UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-22 (this month)
Last made up 2025-05-08
Watchouts
None on the register
Cash
£2M
highest in 5 filed years
Net assets
£8M
highest in 5 filed years
Employees
157
highest in 5 filed years
Profit before tax
£135K
Period ending 2024-12-31
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £4,486,458 | £7,653,392 | |
| Operating profit | — | — | — | -£108,942 | -£13,296 | |
| Profit before tax | — | — | — | -£44,557 | £134,999 | |
| Net profit | — | — | — | -£49,087 | £307,250 | |
| Cash | £1,195,160 | £308,339 | £573,484 | £1,030,634 | £1,592,320 | |
| Total assets less current liabilities | £4,080,438 | £4,045,245 | £4,422,191 | £4,502,791 | £7,862,079 | |
| Net assets | £3,814,605 | £3,944,335 | — | £4,426,993 | £7,890,743 | |
| Equity | £3,814,605 | £3,944,335 | £4,422,191 | £4,426,993 | £7,890,743 | |
| Average employees | 2 | 3 | 3 | 16 | 157 | |
| Wages | — | — | — | £656,403 | £1,769,370 | |
| Directors' remuneration | — | — | — | £128,875 | £95,533 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -2.4% | -0.2% | |
| Net margin | — | — | — | -1.1% | 4.0% | |
| Return on capital employed | — | — | — | -2.4% | -0.2% | |
| Current ratio | — | — | — | 5.25x | 3.06x | |
| Interest cover | — | — | — | -7.63x | -0.21x |
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
- Albert Goodman LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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 company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”
Group structure
- INDICA INDUSTRIES UK LIMITED · parent
- Pritex Limited 100%
- Indica Automotive Limited 85%
Significant events
- “On September 6th, 2024, Pritex was acquired by Indica Industries UK Limited, and Indica Management took control of business operations.”
- “The immediate priority for the new management team was the transfer of loss-making operations from a group subsidiary, Indica Automotive Limited, which provided Pritex with an additional £2m of annual revenues.”
- “Indica Automotive is transferring all trade and assets to a related group company at market value, with the warehouse due to close at the end of April 2025. The company will then become dormant and likely be wound up.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SURESH, Varalakshmy | Secretary | 2021-05-10 | — | — |
| SHARMA, Sukrit | Director | 2021-07-15 | Jun 1987 | British,American |
| SHARMA, Sunil | Director | 2014-05-08 | Dec 1956 | Indian |
| SHARMA, Vaibhav | Director | 2021-07-15 | Jul 1985 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Sunil Sharma | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 48 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-09-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-18 | AA | accounts | Accounts with made up date | |
| 2025-05-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-25 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-10 | RPCH01 | miscellaneous | Legacy | |
| 2024-09-27 | AA | accounts | Accounts with accounts type small | |
| 2024-09-12 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-09 | SH01 | capital | Capital allotment shares | |
| 2024-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-13 | AA01 | accounts | Change account reference date company current extended | |
| 2023-05-18 | AA | accounts | Accounts with accounts type small | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-25 | AA | accounts | Accounts with accounts type small | |
| 2022-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-02 | AP01 | officers | Appoint person director company with name date | |
| 2021-08-02 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 1
- 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.