ASSEMBLY TECHNIQUES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-14 (in 8mo)
Last made up 2025-12-31
Watchouts
None on the register
Cash
£90K
+79.7% vs 2023
Net assets
£2M
-9.6% vs 2023
Employees
50
-3.8% vs 2023
Profit before tax
-£369K
-167.6% lowest in 4 filed years
Name history
Renamed 1 time since incorporation
- ASSEMBLY TECHNIQUES LIMITED 2000-08-30 → present
- LOKFAST STAINLESS LIMITED 1987-06-22 → 2000-08-30
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £15,665,682 | £11,992,681 | |
| Operating profit | — | — | — | — | £686,644 | -£263,925 | |
| Profit before tax | — | — | £965,284 | £817,409 | £546,728 | -£369,481 | |
| Net profit | — | — | — | £328,027 | £360,569 | -£384,369 | |
| Cash | £57,361 | £120,731 | £133,944 | £292,127 | £50,256 | £90,298 | |
| Total assets less current liabilities | £1,620,698 | £2,563,808 | £3,041,659 | £2,854,556 | £2,814,741 | £2,320,767 | |
| Net assets | £751,889 | £915,188 | £1,644,764 | £1,970,791 | £2,330,360 | £2,105,491 | |
| Equity | £751,889 | £915,188 | £1,644,764 | £1,970,791 | £2,330,360 | £2,105,491 | |
| Average employees | 45 | 44 | 45 | 49 | 52 | 50 | |
| Wages | — | — | £1,693,148 | £1,989,009 | £2,060,232 | £2,104,410 |
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 4.4% | -2.2% | |
| Net margin | — | — | — | — | 2.3% | -3.2% | |
| Return on capital employed | — | — | — | — | 24.4% | -11.4% | |
| Current ratio | — | — | — | — | 1.22x | 1.02x | |
| Interest cover | — | — | — | — | 4.84x | -2.23x |
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
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “The company generated turnover of £12.0 million in 2024 compared to £15.7 million in 2023, with a gross profit margin of 21.0% (2023: £22.9%). Net assets also moved slightly to £2.1 million (2023: £2.3 million).”
- “The results for 2024 indicate a decrease in trading volumes and profitability, attributed partly to broader economic factors and internal strategic shifts.”
- “On 1 May 2025, a professional valuation was carried out over the freehold property. Management have reviewed this valuation against market conditions and consider this valuation to be a reflection of the carrying value of the property at 31 December 2024. As a result, the carrying value of the freehold property was revalued upwards by £197,000 (2023: £Nil), including £47,000 of depreciation eliminated on revaluation.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DOWNING, Nigel | Director | 1992-10-01 | Jun 1967 | British |
| GILES, Carla Maria | Director | 2024-04-01 | Jul 1974 | British |
| HUDSON, Philip John | Director | 2012-01-31 | Jun 1968 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FORSHAW, Sheila | Secretary | — | 2010-04-07 |
| HUDSON, Philip John | Secretary | 2008-03-28 | 2010-04-07 |
| BURKE, Kenneth Patrick | Director | 1992-10-01 | 2008-03-28 |
| FORSHAW, Alan Ronald | Director | — | 2002-01-04 |
| WARHAM, John Frederick | Director | — | 1996-05-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Assembly Techniques (Holdings) Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 112 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-26 | AA | accounts | Accounts with accounts type full | |
| 2025-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-13 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-20 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-17 | AA | accounts | Accounts with accounts type full | |
| 2022-12-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-06 | AA | accounts | Accounts with accounts type small | |
| 2022-01-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type small | |
| 2021-01-05 | AA | accounts | Accounts with accounts type small | |
| 2020-12-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-14 | CH01 | officers | Change person director company with change date | |
| 2020-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-10 | CH01 | officers | Change person director company with change date | |
| 2019-03-27 | AA | accounts | Accounts with accounts type small | |
| 2019-01-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-09-18 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-23.4%
£15,665,682 £11,992,681
-
Cash
+79.7%
£50,256 £90,298
-
Net assets
-9.6%
£2,330,360 £2,105,491
-
Employees
-3.8%
52 50
-
Operating profit
-138.4%
£686,644 -£263,925
-
Profit before tax
-167.6%
£546,728 -£369,481
lowest in 4 filed years
-
Wages
+2.1%
£2,060,232 £2,104,410
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