AVF GROUP LIMITED
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Next accounts due
2026-09-29 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-21 (this month)
Last made up 2025-05-07
Watchouts
Cash
£215K
+33.2% highest in 3 filed years
Net assets
£1M
+2.8% vs 2023
Employees
36
0% vs 2023
Profit before tax
£32K
+107.1% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 2 times since incorporation
- AVF GROUP LIMITED 1994-07-29 → present
- AUDIO & VISION FURNITURE LIMITED 1978-12-31 → 1994-07-29
- C.A. MOON (DEVELOPMENTS) LIMITED 1977-11-21 → 1978-12-31
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | £12,395,653 | — | £8,076,344 | £10,867,959 | |
| Operating profit | — | -£1,103,565 | — | -£296,549 | £250,351 | |
| Profit before tax | — | -£1,222,347 | — | -£456,720 | £32,243 | |
| Net profit | — | -£1,031,081 | — | -£494,113 | £32,242 | |
| Cash | — | £170,934 | — | £161,809 | £215,459 | |
| Total assets less current liabilities | — | £1,511,827 | — | £1,136,508 | £1,350,000 | |
| Net assets | — | £1,630,621 | — | £1,136,508 | £1,168,750 | |
| Equity | £2,661,702 | £1,630,621 | £1,630,621 | £1,136,508 | £1,168,750 | |
| Average employees | — | 40 | — | 36 | 36 | |
| Wages | — | £1,342,980 | — | £1,326,140 | £1,364,127 |
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 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | -8.9% | — | -3.7% | 2.3% | |
| Net margin | — | -8.3% | — | -6.1% | 0.3% | |
| Return on capital employed | — | -73.0% | — | -26.1% | 18.5% | |
| Gearing (liabilities / total assets) | — | — | — | 86.6% | 86.6% | |
| Current ratio | — | — | — | 1.15x | 1.18x | |
| Interest cover | — | -9.29x | — | -1.83x | 1.14x |
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
- MHA Audit Services LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Accordingly, the Directors have a reasonable expectation that the Company and the Group have adequate resources to continue in operational existence for the foreseeable future, and the financial statements have been prepared on a going concern basis.”
Significant events
- “On 16th June 2025, the company was acquired by BestQi Innovation Technology Co, a company incorporated in Hong Kong. The acquisition was completed through the purchase of 76.32% of the issued share capital of the company. As a result, BestQi Innovation Technology Co became the company's ultimate parent undertaking from that date.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LYU, Yaqi | Director | 2025-06-16 | Sep 1971 | Chinese |
| SUN, Gang | Director | 2025-06-16 | Mar 1981 | Chinese |
| WAN, Dan | Director | 2025-10-07 | Jun 1990 | Chinese |
| WEST, Simon Johnathan | Director | 2020-01-03 | Jul 1972 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORNES, William Henry | Secretary | — | 1995-06-30 |
| DAVIS, Anthony Brian | Secretary | 2004-08-18 | 2010-09-06 |
| GALLIMORE, David Andrew | Secretary | 1995-06-30 | 2004-08-18 |
| KEENAN, Anna May | Secretary | 2015-12-31 | 2025-06-16 |
| RILEY, Joseph Kenneth Michael | Secretary | 2010-09-06 | 2015-12-31 |
| BAILEY, Peter | Director | — | 1998-07-02 |
| DAVIES, Terence Clive | Director | 1998-07-03 | 1999-09-16 |
| DAVIS, Anthony Brian | Director | 2004-08-18 | 2010-09-06 |
| DIMELOE, Peter William | Director | 1993-08-25 | 1995-05-31 |
| DIMOND, Andrew | Director | 1995-11-24 | 2007-05-04 |
| GALLIMORE, David Andrew | Director | — | 2025-06-16 |
| KEENAN, Anna May | Director | 2016-07-01 | 2025-06-16 |
| KRAUSHAR, Christopher Arthur Anthony | Director | — | 2004-08-18 |
| RILEY, Joseph Kenneth Michael | Director | 2010-09-20 | 2015-12-31 |
| XIE, Menghong | Director | 2025-06-16 | 2025-10-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Avf Holdings Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 185 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-09-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-30 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-17 | CH01 | officers | Change person director company with change date | |
| 2024-11-27 | AA | accounts | Accounts with accounts type full | |
| 2024-11-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-22 | AA | accounts | Accounts with accounts type full | |
| 2024-06-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-22 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-09-27 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-09-25 | AA01 | accounts | Change account reference date company previous extended |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 4
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
+34.6%
£8,076,344 £10,867,959
-
Cash
+33.2%
£161,809 £215,459
highest in 3 filed years
-
Net assets
+2.8%
£1,136,508 £1,168,750
-
Employees
0%
36 36
-
Operating profit
+184.4%
-£296,549 £250,351
highest in 3 filed years
-
Profit before tax
+107.1%
-£456,720 £32,243
highest in 3 filed years
-
Wages
+2.9%
£1,326,140 £1,364,127
highest in 3 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