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Next accounts due

2026-06-30 (in 1mo)

Last filed for 2024-09-30

Confirmation statement due

2026-10-13 (in 5mo)

Last made up 2025-09-29

Watchouts

None on the register

Cash

£6M

+207.4% vs 2023

Net assets

£11M

-34.4% vs 2023

Employees

266

+8.1% vs 2023

Profit before tax

£6M

+337.1% vs 2023

Name history

Renamed 4 times since incorporation

  1. ADVANCED INNERGY SOLUTIONS LTD 2021-08-09 → present
  2. ADVANCED INSULATION SYSTEMS LIMITED 2009-03-05 → 2021-08-09
  3. ALDERLEY MATERIALS LTD 1993-03-15 → 2009-03-05
  4. RIGIDON RESISTANT MATERIALS LIMITED 1989-09-08 → 1993-03-15
  5. FRIARMILL LIMITED 1989-07-19 → 1989-09-08

Accounts

2-year trend · latest reflected 2024-09-30

Metric Trend 2023-09-302024-09-30
Turnover £37,046,143£56,355,662
Operating profit -£2,596,737£6,127,506
Profit before tax -£2,444,351£5,794,839
Net profit -£1,800,835£4,337,101
Cash £1,867,108£5,740,408
Total assets less current liabilities £23,481,375£18,601,180
Net assets £16,445,239£10,782,340
Equity £16,445,239£10,782,340
Average employees 246266
Wages £11,782,135£14,922,553

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 2023-09-302024-09-30
Operating margin -7.0%10.9%
Net margin -4.9%7.7%
Return on capital employed -11.1%32.9%
Gearing (liabilities / total assets) 64.7%79.2%
Current ratio 1.41x1.13x
Interest cover -4.06x5.83x

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
IFRS
Reporting scope
Standalone (parent only)
Auditor
RSM UK Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In view of the above the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. They therefore continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

  1. ADVANCED INNERGY SOLUTIONS LTD · parent
    1. Advanced Innergy Solutions Brazil Ltda 69% · Brazil · Manufacturing
    2. C-Ling Limited 75% · United Kingdom · Research and
    3. AIS Bardot 100% · France · Outsourcing

Significant events

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

People

4 active · 11 resigned

Name Role Appointed Born Nationality
BENNION, Andrew David Secretary 2008-03-12 British
BENNION, Andrew David Director 2004-08-04 Feb 1968 British
KING, Andrew Mark Director 2017-04-18 Mar 1965 British
SHEPHERD, Simon Harry Director 2004-08-04 Aug 1965 British
Show 11 resigned officers
Name Role Appointed Resigned
GRANT, Martin James Secretary 2004-01-09 2004-11-30
REED, Lisa Claire Secretary 1994-06-01 2008-03-07
SMITH, Rosaleen Evelyn Secretary 1994-05-30
CAPPI, James Brian, Dr Director 1992-06-16 1997-12-31
GREEN, Jonathan Mark Director 1997-10-01 2001-12-31
NORTH, Brian William Director 1993-02-08
ORPIN, Murray Roy, Dr Director 1996-11-11 2000-09-17
SHEPHERD, Anthony James Vernon Director 2008-03-07
SHEPHERD, Simon Harry Director 1994-10-01 2000-08-08
SWEENEY, Andrew Jonathan Director 2015-01-28 2016-11-30
WEEKS, Edward Director 2004-09-02 2016-12-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Growth Capital Partners Gp Limited Corporate entity Shares 25–50%, Voting 25–50% 2017-06-26 Ceased 2017-06-26
Advanced Insulation Group Limited Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Ceased 2016-04-06
Advanced Insulation Holdings Limited Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Ceased 2016-04-06
Mr Nicholas John Walter Parsons Individual ownership-of-shares-25-to-50-percent-as-trust, voting-rights-25-to-50-percent-as-trust 2016-04-06 Ceased 2016-04-06
Growth Capital Partners Llp Corporate entity Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2016-04-06
Advanced Innergy Limited Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 173 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-08-15 RESOLUTIONS Resolution
  • 2024-08-15 MA Memorandum articles
  • 2021-08-09 RESOLUTIONS Resolution
  • 2021-08-09 CONNOT Change of name notice
Date Type Category Description
2025-10-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-16 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-03-10 AA accounts Accounts with accounts type full
2024-10-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-15 RESOLUTIONS resolution Resolution
2024-08-15 MA incorporation Memorandum articles
2024-08-12 MR04 mortgage Mortgage satisfy charge full PDF
2024-08-12 MR04 mortgage Mortgage satisfy charge full PDF
2024-08-12 MR04 mortgage Mortgage satisfy charge full PDF
2024-08-12 MR04 mortgage Mortgage satisfy charge full PDF
2024-08-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-03-13 AA accounts Accounts with accounts type full
2023-10-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-22 AA accounts Accounts with accounts type full
2022-10-07 CS01 confirmation-statement Confirmation statement with updates PDF
2022-10-03 PSC05 persons-with-significant-control Change to a person with significant control PDF
2022-01-25 AA accounts Accounts with accounts type full
2021-10-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-08-09 RESOLUTIONS resolution Resolution
2021-08-09 CONNOT change-of-name Change of name notice

Public-record activity

Raw counts from Companies House — last 12–24 months

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30

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