LAXMI BNS HOLDINGS LIMITED
Operating under the Thame Laboratories brand, the company is a manufacturer and wholesaler of basic pharmaceutical products, jointly held by Gowrie Holdings Ltd and Krishna Holdco Limited.
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Cash
£1.4m
Latest balance sheet
Net assets
£33m
highest in 3 filed years
Employees
465
highest in 3 filed years
Profit before tax
£6.3m
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Health Care median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-09-30 | 2025-03-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £275,838,438 | £437,345,462 | £275,980,829 | — | |
| Operating profit | £5,139,699 | £5,519,551 | £7,173,863 | — | |
| Profit before tax | £3,419,572 | £4,068,946 | £6,256,136 | — | |
| Net profit | £3,663,497 | £2,954,102 | £4,655,855 | — | |
| Cash | £2,815,794 | £837,519 | £1,354,063 | — | |
| Total assets less current liabilities | £26,617,411 | £30,293,694 | £35,120,669 | — | |
| Net assets | £25,833,366 | £28,735,895 | £33,324,092 | — | |
| Equity | £25,833,366 | £28,735,895 | £33,324,092 | — | |
| Average employees | 378 | 401 | 465 | — | |
| Wages | £15,426,270 | £18,654,726 | £11,119,588 | — | |
| Directors' remuneration | £707,100 | £0 | — | — | |
| Highest paid director | £318,540 | £0 | — | — |
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 —. Year-on-year comparison hidden: this filing covers about 9 months versus 18 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-09-30 | 2025-03-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 1.9% | 1.3% | 2.6% | |
| Net margin | 1.3% | 0.7% | 1.7% | |
| Return on capital employed | 19.3% | 18.2% | 20.4% | |
| Gearing (liabilities / total assets) | 76.1% | 74.8% | 75.3% | |
| Current ratio | 1.27x | 1.30x | 1.30x | |
| Interest cover | 2.99x | 3.80x | 7.82x |
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
- KLSA LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of the financial statements.”
Group structure
- LAXMI BNS HOLDINGS LIMITED · parent
- Gowrie Laxmico Limited 100%
- Laxmico Limited 100%
- Gowrie Research Pvt Limited 99.99%
Significant events
- “Subsequent to the period end, on 22 July 2026, the Company's Ordinary A shares and Ordinary B shares were converted into Ordinary shares.”
- “In April 2026, there was a restructure of the shareholding of Gowrie Holdings Limited, such that there is no longer an ultimate controlling party.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HATHI, Govindji | Secretary | 2011-09-21 | — | — |
| HATHI, Alpa | Director | 2018-01-31 | Dec 1968 | British |
| HATHI, Govindji Thakershi | Director | 2010-03-04 | Aug 1941 | British |
| HATHI, Samit Govindji | Director | 2010-02-10 | Jan 1967 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| VITHALDAS, Vim | Secretary | 2010-03-03 | 2011-09-21 |
| PATEL, Arunkumar Chhaganbhai | Director | 2010-02-10 | 2010-03-26 |
| PATEL, Mahesh | Director | 2010-03-10 | 2010-03-26 |
| UDDIN, Faysal | Director | 2010-03-10 | 2012-10-08 |
| VITHALDAS, Vim | Director | 2010-03-10 | 2011-09-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gowrie Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-04-02 | Active |
| Mr Samit Govindji Hathi | Individual | Significant influence | 2016-05-01 | Ceased 2026-04-02 |
Filing timeline
Last 20 of 93 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-08-21 RESOLUTIONS Resolution
- 2026-08-07 MA Memorandum articles
- 2023-11-02 MA Memorandum articles
- 2023-11-02 CC06 Change constitution by court order
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-24 | AA | accounts | Accounts with accounts type group | |
| 2026-08-21 | RESOLUTIONS | resolution | Resolution | |
| 2026-08-07 | MA | incorporation | Memorandum articles | |
| 2026-07-30 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-07-30 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-07-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-29 | AA01 | accounts | Change account reference date company previous shortened | |
| 2026-04-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-17 | AA | accounts | Accounts with accounts type group | |
| 2026-02-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type group | |
| 2024-07-18 | AA01 | accounts | Change account reference date company current extended | |
| 2024-05-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-02 | MA | incorporation | Memorandum articles | |
| 2023-11-02 | CC06 | change-of-constitution | Change constitution by court order | |
| 2023-10-25 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- 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.