AVID TECHNOLOGY EUROPE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-16 (in 7mo)
Last made up 2025-12-02
Watchouts
None on the register
Cash
£339K
-38% vs 2023
Net assets
£6M
-9.3% vs 2023
Employees
132
-10.8% vs 2023
Profit before tax
£627K
+169.5% vs 2023
Name history
Renamed 1 time since incorporation
- AVID TECHNOLOGY EUROPE LIMITED 1996-01-01 → present
- AVID TECHNOLOGY LIMITED 1991-12-12 → 1996-01-01
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £23,055,985 | £19,833,641 | |
| Operating profit | -£906,700 | £624,763 | |
| Profit before tax | -£901,971 | £626,626 | |
| Net profit | -£1,296,286 | £453,933 | |
| Cash | £546,421 | £338,653 | |
| Total assets less current liabilities | — | — | |
| Net assets | £6,783,437 | £6,149,642 | |
| Equity | £6,783,437 | £6,149,642 | |
| Average employees | 148 | 132 | |
| Wages | £13,475,510 | £11,113,961 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -3.9% | 3.2% | |
| Net margin | -5.6% | 2.3% | |
| Gearing (liabilities / total assets) | 54.8% | 49.5% | |
| Current ratio | 1.78x | 1.98x |
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
- Grant Thornton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors therefore have a reasonable expectation that the Group and Company has adequate resources to continue its operational existence for a period of at least twelve months from the date of approval of these financial statements, and that there are no material uncertainties related to events or conditions as described above that may cast significant doubt upon the entity's ability to continue as a going concern. Thus, they continue to adopt the going concern basis of accounting in preparation of these financial statements.”
Group structure
- AVID TECHNOLOGY EUROPE LIMITED · parent
- Avid Nordic AB 100%
- Avid Technology SL 100%
Significant events
- “In 2025, the Company implemented an additional restructuring plan. The costs associated with the plan are estimated as £766k, are expected to be paid out by Q4 2025 and lead to a reduction in headcount of 9.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 38 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILSON, Jane Elizabeth, Ms. | Secretary | 2021-01-04 | — | — |
| COFFMAN ADAMS, Jacob Robert | Director | 2023-08-01 | Dec 1989 | American |
Show 38 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HORTON, David | Secretary | 2013-03-13 | 2021-01-08 |
| HORTON, David | Secretary | 2012-08-14 | 2012-12-21 |
| KESHIAN, Daniel Arthur | Secretary | — | 1994-10-19 |
| MARLOW, Simon James | Secretary | 1994-10-19 | 1995-07-21 |
| SPOHRER, Nicola Ann | Secretary | 1995-07-21 | 2012-08-14 |
| TERRY, Alan John | Secretary | 2012-12-21 | 2013-03-13 |
| AGLE, Brian Elmer | Director | 2016-12-22 | 2018-06-08 |
| BENNETTS, Roy Stephen | Director | 1996-06-19 | 1998-09-07 |
| BROWN, Adam John Witherow | Director | 2008-10-20 | 2011-01-31 |
| COOK, Jonathan | Director | 1996-04-05 | 1996-09-16 |
| CORDINER, Tom James Andrew | Director | 2012-08-14 | 2024-06-04 |
| DAVIES, Peter Albert Campbell | Director | 1992-04-01 | 2001-09-30 |
| DUVA, Jason Adam | Director | 2011-10-27 | 2016-12-22 |
| FLAHERTY, William | Director | 1996-09-16 | 2000-05-31 |
| FREDERICK, John Wilbert | Director | 2013-04-22 | 2016-12-22 |
| HENNESSY, Paul Patrick | Director | 2010-01-19 | 2011-08-12 |
| HUME HUMPHREYS, William Marcus | Director | 1994-10-20 | 1996-05-31 |
| JACKS, Ethan Edwards | Director | 2000-06-21 | 2006-03-31 |
| JOCELYN, Patrick | Director | 2008-10-20 | 2010-01-19 |
| KAZMER, Carol Elizabeth | Director | 2000-06-21 | 2006-05-05 |
| KESHIAN, Daniel Arthur | Director | — | 1994-10-19 |
| LEGON, Joel Ellis | Director | 2006-05-25 | 2008-11-10 |
| MARLOW, Simon James | Director | 1994-10-19 | 1995-07-21 |
| MCINTOSH, Gregory William, Mr. | Director | 2021-01-04 | 2021-02-26 |
| MELLONI, Alessandra | Director | 2024-08-12 | 2025-12-18 |
| MELLONI, Alessandra Cäcilia | Director | 2021-02-26 | 2023-05-23 |
| MELLONI, Alessandra Cäcilia | Director | 2016-12-22 | 2021-01-04 |
| MILBURY, Paul Jerome | Director | 2006-07-25 | 2006-12-15 |
| MURRAY, Ryan Healey | Director | 2018-07-06 | 2019-08-05 |
| O KELLY, Emer Michael | Director | 2001-07-12 | 2008-10-20 |
| PARISI, Paige | Director | 2006-06-29 | 2011-10-27 |
| RAMSAY, Peter | Director | 2007-01-12 | 2008-01-31 |
| RAWLET, Curt Arnold | Director | — | 1995-12-05 |
| SEXTON, Kenneth A | Director | 2008-11-10 | 2013-04-22 |
| SHARP, Graham | Director | 2001-07-31 | 2007-01-12 |
| SPOHRER, Nicola Ann | Director | 2011-08-12 | 2012-08-14 |
| TERRY, Alan John | Director | 2011-01-31 | 2021-01-04 |
| TURNER, Stephen John | Director | 1998-08-17 | 2000-11-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| John Wellford Dillard | Individual | Significant influence, significant-influence-or-control-as-trust, significant-influence-or-control-as-firm | 2024-04-01 | Active |
| Avid Technology,Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-12-12 | Ceased 2023-11-07 |
Filing timeline
Last 20 of 203 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-30 | AA | accounts | Accounts with accounts type group | |
| 2025-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-25 | AA | accounts | Accounts with accounts type group | |
| 2024-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-10-17 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-14 | AA | accounts | Accounts with accounts type full | |
| 2024-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-23 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-23 | AA | accounts | Accounts with accounts type full | |
| 2022-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-26 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-26 | CH01 | officers | Change person director company with change date | |
| 2021-12-13 | AA | accounts | Accounts with accounts type full | |
| 2021-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-14%
£23,055,985 £19,833,641
-
Cash
-38%
£546,421 £338,653
-
Net assets
-9.3%
£6,783,437 £6,149,642
-
Employees
-10.8%
148 132
-
Operating profit
+168.9%
-£906,700 £624,763
-
Profit before tax
+169.5%
-£901,971 £626,626
-
Wages
-17.5%
£13,475,510 £11,113,961
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