AIR COMPRESSORS & TOOLS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-25 (in 6mo)
Last made up 2025-11-11
Watchouts
Cash
—
Latest balance sheet
Net assets
£13M
+3.1% highest in 4 filed years
Employees
125
+19% highest in 4 filed years
Profit before tax
£556K
-22.6% lowest in 4 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £19,376,000 | — | £19,769,000 | — | £24,813,000 | £26,107,000 | |
| Operating profit | — | £896,000 | — | £758,000 | — | £794,000 | £720,000 | |
| Profit before tax | — | £879,000 | — | £729,000 | — | £718,000 | £556,000 | |
| Net profit | — | £725,000 | — | £581,000 | — | £508,000 | £395,000 | |
| Cash | — | — | — | — | — | — | — | |
| Total assets less current liabilities | — | £12,094,000 | — | £13,243,000 | — | £13,999,000 | £14,251,000 | |
| Net assets | — | £11,627,000 | — | £12,208,000 | — | £12,716,000 | £13,111,000 | |
| Equity | £10,902,000 | £11,627,000 | £11,627,000 | £12,208,000 | £12,208,000 | £12,716,000 | £13,111,000 | |
| Average employees | — | 61 | — | 85 | — | 105 | 125 | |
| Wages | — | £3,168,000 | — | £4,502,000 | — | £5,282,000 | £6,253,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 4.6% | — | 3.8% | — | 3.2% | 2.8% | |
| Net margin | — | 3.7% | — | 2.9% | — | 2.0% | 1.5% | |
| Return on capital employed | — | 7.4% | — | 5.7% | — | 5.7% | 5.1% | |
| Current ratio | — | — | — | — | — | 3.21x | 3.37x | |
| Interest cover | — | 52.71x | — | 26.14x | — | 10.18x | 4.36x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Langtons Professional Services Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' 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 financial statements are authorised for issue.”
Significant events
- “Following the Brexit referendum in 2016 and the exit from the EU came in force on 1st January 2021, the directors continue to closely monitor developments. The company is keeping up to date with all the changes and is putting appropriate measures in place to mitigate any associated risks. Performance was strong in 2024. The current expectation and outlook of the market is strong with large orders in hand.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MULCRONE, Bryony | Secretary | 2025-09-10 | — | — |
| BARDSLEY, Andrew David | Director | 2022-10-01 | Apr 1972 | British |
| SAHIN KOCAS, Handan | Director | 2026-03-16 | Jul 1973 | Turkish |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEST, Nigel | Secretary | 2025-02-05 | 2025-09-10 |
| BROMAGE, Richard Malcolm | Secretary | — | 1991-06-28 |
| DANIELS, Andrea | Secretary | 2018-08-20 | 2025-02-05 |
| EKBERG, Karl Gustaf | Secretary | 1996-11-14 | 1999-02-11 |
| JOHANSSON, Ulf Einar | Secretary | 2006-09-01 | 2009-04-06 |
| SNELGROVE, Eileen | Secretary | 1999-02-11 | 2006-08-31 |
| SODERGRAN, Lars Gunnar | Secretary | — | 1996-11-14 |
| WHITE, Jane Susan | Secretary | 2009-04-06 | 2018-06-20 |
| GOODWILLE LIMITED | Corporate Secretary | 2010-03-05 | 2012-05-09 |
| ANTIER, Yves | Director | 1999-07-21 | 2002-04-17 |
| BARTHEL, Otto | Director | — | 1993-05-15 |
| BONGAERTS, Alex Christiaan Jan | Director | 2008-12-01 | 2026-03-31 |
| BROMAGE, Richard Malcolm | Director | — | 1991-06-28 |
| DAHLGREN, Mats Thomas | Director | 2003-12-01 | 2006-08-31 |
| DAVIES, John Howard | Director | — | 1993-05-15 |
| DEMAO, Jack Steven | Director | 1996-04-22 | 2000-12-31 |
| EKBERG, Karl Gustaf | Director | 1996-11-14 | 2006-05-01 |
| EMBLEY, David Alan | Director | 2009-08-25 | 2014-10-01 |
| FAIREST, Sean | Director | 2015-08-25 | 2018-07-01 |
| FERNELL, Erik Anders | Director | 2006-05-01 | 2009-04-06 |
| FOLLENS, Geert Henri | Director | 2017-05-17 | 2019-05-13 |
| HORT, John Ernest | Director | 1999-07-21 | 2003-09-11 |
| JARVIS, Paul James Christopher | Director | — | 1996-01-22 |
| LIVIJN, Jeanette | Director | 2010-12-20 | 2015-01-01 |
| O'NEILL, Paul | Director | 2014-10-01 | 2015-02-20 |
| PAPROCKI, Norbert Charles | Director | 2009-01-01 | 2010-11-29 |
| PERNING, Per Anders | Director | 2002-06-14 | 2003-04-30 |
| POOLE, Nicholas | Director | 2010-12-20 | 2011-06-06 |
| SHARP, Clive | Director | 2020-05-15 | 2022-09-06 |
| SMITH, Nigel | Director | 2018-07-01 | 2020-05-15 |
| SNELGROVE, Eileen | Director | 2003-09-11 | 2007-10-31 |
| SODERGRAN, Lars Gunnar | Director | — | 1996-11-14 |
| SODERSTROM, Tor Hakan | Director | 2006-05-01 | 2009-01-31 |
| TAYLOR, Mark Philip | Director | 2019-05-13 | 2025-12-31 |
| WALKER, Andrew | Director | 2015-01-01 | 2017-05-17 |
| WISH, Dominic Charles David | Director | 1996-01-22 | 1996-04-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Atlas Copco Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 189 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-09-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-09-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-05 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-02-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-02-07 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-16 | AA | accounts | Accounts with accounts type full | |
| 2022-11-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-29 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-29 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-06-22 | AA | accounts | Accounts with accounts type full | |
| 2021-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+5.2%
£24,813,000 £26,107,000
highest in 4 filed years
-
Cash
—
Not reported
-
Net assets
+3.1%
£12,716,000 £13,111,000
highest in 4 filed years
-
Employees
+19%
105 125
highest in 4 filed years
-
Operating profit
-9.3%
£794,000 £720,000
lowest in 4 filed years
-
Profit before tax
-22.6%
£718,000 £556,000
lowest in 4 filed years
-
Wages
+18.4%
£5,282,000 £6,253,000
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers