AVK/SEG LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-08-02 (in 3mo)
Last made up 2025-07-19
Watchouts
None on the register
Cash
£58M
+11.8% vs 2024
Net assets
£59M
+59% vs 2024
Employees
253
+32.5% vs 2024
Profit before tax
£31M
+30% vs 2024
Name history
Renamed 1 time since incorporation
- AVK/SEG LIMITED 2024-04-30 → present
- AVK/SEG (UK) LIMITED 1989-08-10 → 2024-04-30
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £325,850,833 | £345,950,854 | |
| Operating profit | £22,981,551 | £30,140,079 | |
| Profit before tax | £23,891,119 | £31,066,117 | |
| Net profit | £19,858,660 | £23,631,845 | |
| Cash | £52,204,997 | £58,364,606 | |
| Total assets less current liabilities | £37,343,420 | £59,541,420 | |
| Net assets | £36,902,169 | £58,670,950 | |
| Equity | £36,902,169 | £58,670,950 | |
| Average employees | 191 | 253 | |
| Wages | £18,886,051 | £23,250,065 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 7.1% | 8.7% | |
| Net margin | 6.1% | 6.8% | |
| Return on capital employed | 61.5% | 50.6% | |
| Gearing (liabilities / total assets) | 80.6% | 78.6% | |
| Current ratio | 1.22x | 1.25x | |
| Interest cover | 45963.10x | — |
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
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- AVK/SEG LIMITED · parent
- AVK Power Services Limited 100%
- AVK Power Solutions Ireland Limited 100%
- Ashmill Limited 100%
- AVK Power Solutions B.V. 100%
Significant events
- “There have been no significant events affecting the Group since the year end other than the change in ultimate controlling party disclosed in note 29.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RYAN, Thomas Alexander | Secretary | 2025-08-06 | — | — |
| PRITCHARD, Benjamin John | Director | 2023-07-28 | Dec 1992 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AITCHISON, Neil James | Secretary | 2015-04-07 | 2025-08-06 |
| PHILLIPS, Michael William | Secretary | 2001-05-01 | 2015-04-07 |
| PRITCHARD, Christopher Charles | Secretary | 1997-07-31 | 2001-05-01 |
| TURNER, Peter Broughton | Secretary | — | 1997-07-31 |
| PHILLIPS, Michael William | Director | 2001-05-01 | 2008-12-31 |
| PRITCHARD, Christopher Charles | Director | — | 2025-02-13 |
| PRITCHARD, Elaine Pamela | Director | 2015-12-07 | 2025-02-13 |
| SCHMITZ, Werner | Director | — | 2000-05-31 |
| WATKINS, Dennis | Director | — | 2003-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Avk Power Solutions Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-07-28 | Active |
| Mrs Elaine Pamela Pritchard | Individual | Shares 25–50% | 2016-08-04 | Ceased 2023-07-28 |
| Mr Christopher Charles Pritchrd | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2023-07-28 |
Filing timeline
Last 20 of 138 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-04-30 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-11 | AA | accounts | Accounts with accounts type group | |
| 2025-08-07 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-08-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-03 | AA | accounts | Accounts with accounts type group | |
| 2024-07-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-30 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-01-10 | AA | accounts | Accounts with accounts type group | |
| 2023-08-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-08-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-08-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-05 | AA | accounts | Accounts with accounts type group | |
| 2022-11-10 | CH01 | officers | Change person director company with change date | |
| 2022-11-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-11-10 | PSC04 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+6.2%
£325,850,833 £345,950,854
-
Cash
+11.8%
£52,204,997 £58,364,606
-
Net assets
+59%
£36,902,169 £58,670,950
-
Employees
+32.5%
191 253
-
Operating profit
+31.1%
£22,981,551 £30,140,079
-
Profit before tax
+30%
£23,891,119 £31,066,117
-
Wages
+23.1%
£18,886,051 £23,250,065
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