AMERICA II EUROPE LIMITED
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Next accounts due
2025-12-31
Overdue
Confirmation statement due
2026-08-19 (in 3mo)
Last made up 2025-08-05
Watchouts
Cash
£1M
+29.8% vs 2022
Net assets
£15M
+21.1% vs 2022
Employees
36
-35.7% vs 2022
Profit before tax
£6M
-13.6% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2025-12-31.
-
Material uncertainty over going concern
Current economic uncertainties raise a material uncertainty related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. However, the parent company have provided assurances that they will continue to support the Company going forward for a period of not less than 12 months from the signing of these financial statements. The directors have therefore seemed it appropriate to continue to adopt the going concern basis of accounting in preparing the financial statements.
Name history
Renamed 1 time since incorporation
- AMERICA II EUROPE LIMITED 2000-01-31 → present
- AMX PLC 1994-08-05 → 2000-01-31
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2023-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Turnover | — | £143,670,038 | £41,261,975 | |
| Operating profit | — | £6,635,612 | £3,555,728 | |
| Profit before tax | — | £6,649,746 | £5,745,448 | |
| Net profit | £588,812 | £4,629,124 | £3,347,407 | |
| Cash | £1,058,758 | £808,401 | £1,049,261 | |
| Total assets less current liabilities | — | £12,000,906 | £14,528,734 | |
| Net assets | — | £12,000,906 | £14,528,734 | |
| Equity | — | £12,000,906 | £14,528,734 | |
| Average employees | 25 | 56 | 36 | |
| Wages | £2,989,565 | £6,514,309 | £3,610,331 |
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Operating margin | — | 4.6% | 8.6% | |
| Net margin | — | 3.2% | 8.1% | |
| Return on capital employed | — | 55.3% | 24.5% | |
| Gearing (liabilities / total assets) | — | 91.4% | 78.2% | |
| Current ratio | — | 1.09x | 1.28x | |
| Interest cover | — | — | 61.92x |
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
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Current economic uncertainties raise a material uncertainty related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. However, the parent company have provided assurances that they will continue to support the Company going forward for a period of not less than 12 months from the signing of these financial statements. The directors have therefore seemed it appropriate to continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- AMERICA II EUROPE LIMITED · parent
- America II Europe GmbH 100%
Significant events
- “The directors understand the impact of market conditions and believe that America II Europe Limited will continue to face and adjust to challenges to its market position given political uncertainties and worldwide economic conditions, war in Ukraine and tensions between China and Taiwan.”
- “Turnover decreased by £102,408,063 or 71%, from the prior year. This decrease was the result of unfavorable market conditions spurred on by customer excess inventory buildup from the previous shortage market, causing surpluses in the supply chain during the year ended 31 December 2023. These conditions impacted both sales and gross margins.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAVALLARO, Frank Anthony | Director | 2020-02-27 | May 1966 | American |
| ROMELL, Jesper | Director | 2020-02-27 | Aug 1967 | Swedish |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GALINSKI, Peter Michael Benjamin | Secretary | 1997-06-02 | 2020-06-24 |
| GRAEME, Dorothy May | Nominee Secretary | 1994-08-05 | 1994-08-05 |
| PORTER GARLAND | Corporate Secretary | 1994-08-05 | 1997-06-02 |
| BISAILLON, Daniel | Director | 2013-04-11 | 2016-09-30 |
| DOUGHTIE III, Eugene Britt | Director | 2013-04-11 | 2016-11-07 |
| ELLISON, Roger Brian | Director | 2013-02-01 | 2013-12-18 |
| GALINSKI, Barbara Anne | Director | 1994-08-05 | 2018-09-01 |
| GALINSKI, Peter Michael Benjamin | Director | 1994-08-05 | 2020-02-27 |
| GRAEME, Lesley Joyce | Nominee Director | 1994-08-05 | 1994-08-05 |
| GRAEME, Paul Gordon | Director | 1994-08-05 | 1994-08-05 |
| JENKINS, Gary Edward | Director | 2016-11-17 | 2020-02-27 |
| PECCHIOLI, Jed | Director | 2013-12-18 | 2020-02-27 |
| RENDON, Joseph William | Director | 2017-01-01 | 2020-02-27 |
| ROGERS, Aris | Director | 2006-08-06 | 2013-04-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Peter Michael Galinski | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2017-10-30 |
Filing timeline
Last 20 of 134 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-13 MA Memorandum articles
- 2025-11-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-13 | MA | incorporation | Memorandum articles | |
| 2025-11-10 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-31 | AA | accounts | Accounts with accounts type group | |
| 2024-09-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-03 | AA | accounts | Accounts with accounts type group | |
| 2024-03-23 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-03-12 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-08-22 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2023-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-24 | CH01 | officers | Change person director company with change date | |
| 2023-07-24 | CH01 | officers | Change person director company with change date | |
| 2023-07-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-05-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-18 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- 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
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
-71.3%
£143,670,038 £41,261,975
-
Cash
+29.8%
£808,401 £1,049,261
-
Net assets
+21.1%
£12,000,906 £14,528,734
-
Employees
-35.7%
56 36
-
Operating profit
-46.4%
£6,635,612 £3,555,728
-
Profit before tax
-13.6%
£6,649,746 £5,745,448
-
Wages
-44.6%
£6,514,309 £3,610,331
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