AVIRE LIMITED

1. AVIRE LIMITED 2013-04-12 → present
2. MEMCO LIMITED 1991-04-25 → 2013-04-12
3. MEMCO-MED LIMITED 1971-04-01 → 1991-04-25

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a high level of confidence that despite the current economic uncertainty the Company has access to the necessary liquid resources to meet its liabilities as they fall due and will be able to sustain its business model, strategy and operations and remain solvent for a period of at least twelve months from the date of approval of this financial statements, even in the event of the severe but plausible downside scenario. Thus, the Directors believe there is no material uncertainty in the use of the going concern assumption.”

Group structure

1. AVIRE LIMITED · parent
   1. Avire SRO 100% · Czechia · Sell electronic safety equipment for the lift industry

Significant events

• “There have been no significant events affecting the Company since the year end.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +11.8%

  £802,796 → £897,223

• Cash

  +154.2%

  £93,043 → £236,485

• Net assets

  +35.7%

  £1,671,919 → £2,268,567

• Employees

  -14.3%

  7 → 6

• Operating profit

  +31.5%

  £235,436 → £309,513

• Profit before tax

  -26.1%

  £6,002,380 → £4,436,614

• Wages

  +0.2%

  £371,123 → £372,002

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers