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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-03 (in 6mo)

Last made up 2025-10-20

Watchouts

None on the register

Cash

£18M

+10.7% vs 2023

Net assets

£13M

+6.8% vs 2023

Employees

306

+39.7% vs 2023

Profit before tax

£13M

+8.8% vs 2023

Name history

Renamed 2 times since incorporation

  1. A F SWITCHGEAR LIMITED 2007-10-18 → present
  2. A. F. SWITCHGEAR & CONTROL PANELS LIMITED 1996-12-24 → 2007-10-18
  3. A.F. TECHNICAL SERVICES LIMITED 1974-08-01 → 1996-12-24

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £82,980,572£80,136,919
Operating profit £10,554,229£12,901,730
Profit before tax £12,036,388£13,099,513
Net profit £9,598,192£9,804,817
Cash £16,462,671£18,228,587
Total assets less current liabilities £11,872,345£12,771,684
Net assets £11,791,961£12,596,778
Equity £11,791,961£12,596,778
Average employees 219306
Wages £10,736,660£13,390,632

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 2023-12-312024-12-31
Operating margin 12.7%16.1%
Net margin 11.6%12.2%
Return on capital employed 88.9%101.0%
Current ratio 1.41x1.49x
Interest cover 595.64x431.24x

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
Standalone (parent only)
Auditor
Langard Lifford Hall 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.”

Group structure

  1. A F SWITCHGEAR LIMITED · parent
    1. A F Fabrications Limited 100% · UK · operations were transferred to A F Switchgear Limited and the company ceased trading
    2. A.F. Technical Services Limited 100% · UK · Dormant

Significant events

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

People

8 active · 5 resigned

Name Role Appointed Born Nationality
SLACK, Mathew Stephen Secretary 2013-12-31
FOSTER, Henry David Director 2026-03-26 Jul 1999 British
FOSTER, Ian Henry Director Jan 1967 British
FOSTER, Samuel George Director 2026-03-26 May 2001 British
GARRARD, Steven Director 2026-03-26 Feb 1985 British
NUTT, Mark Antony Director 2023-01-01 Feb 1972 British
SLACK, Mathew Stephen Director 2013-12-31 Mar 1969 British
THOMPSON, Richard Director 2000-11-13 Oct 1968 British
Show 5 resigned officers
Name Role Appointed Resigned
BOSWORTH, John Robert Secretary 2013-12-31
BOSWORTH, John Robert Director 2013-12-31
FOSTER, Henry William Director 2007-10-01
FOSTER, Sandra Marjorie Director 2007-10-01
HARRIS, Michael George Director 1999-04-22 2021-03-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Ian Henry Foster Individual Significant influence 2016-07-01 Active
A.F. Switchgear (Holdings) Limited Corporate entity Shares 75–100% 2016-07-01 Active

Filing timeline

Last 20 of 152 total filings

Date Type Category Description
2026-04-15 AP01 officers Appoint person director company with name date PDF
2026-04-14 AP01 officers Appoint person director company with name date PDF
2026-04-14 AP01 officers Appoint person director company with name date PDF
2025-10-20 CS01 confirmation-statement Confirmation statement with updates PDF
2025-09-25 AA accounts Accounts with accounts type full
2024-10-21 CS01 confirmation-statement Confirmation statement with updates PDF
2024-09-16 AA accounts Accounts with accounts type medium
2023-10-20 CS01 confirmation-statement Confirmation statement with updates PDF
2023-08-08 AA accounts Accounts with accounts type full
2023-01-04 AP01 officers Appoint person director company with name date PDF
2022-11-04 CS01 confirmation-statement Confirmation statement with updates PDF
2022-09-20 AA accounts Accounts with accounts type full
2021-11-09 CS01 confirmation-statement Confirmation statement with updates PDF
2021-09-28 AA accounts Accounts with accounts type full
2021-03-31 TM01 officers Termination director company with name termination date PDF
2020-10-20 CS01 confirmation-statement Confirmation statement with updates PDF
2020-09-29 AA accounts Accounts with accounts type full
2019-10-28 CS01 confirmation-statement Confirmation statement with updates PDF
2019-10-02 PSC04 persons-with-significant-control Change to a person with significant control PDF
2019-10-02 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
3

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page