AIRTECH ADVANCED MATERIALS UK LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-11 (in 9mo)
Last made up 2026-01-28
Watchouts
None on the register
Cash
£34M
+10% vs 2023
Net assets
£52M
+8.4% vs 2023
Employees
103
0% vs 2023
Profit before tax
£6M
+15.3% vs 2023
Name history
Renamed 1 time since incorporation
- AIRTECH ADVANCED MATERIALS UK LTD 2022-11-01 → present
- TYGAVAC ADVANCED MATERIALS LTD 1996-01-31 → 2022-11-01
Net assets
7-year trend · vs Basic Materials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £27,686,142 | £29,678,860 | |
| Operating profit | — | — | — | — | — | £3,647,477 | £4,079,788 | |
| Profit before tax | — | — | — | — | — | £4,831,926 | £5,570,965 | |
| Net profit | — | — | — | — | — | £3,671,886 | £4,015,546 | |
| Cash | — | — | — | — | — | £30,940,035 | £34,046,898 | |
| Total assets less current liabilities | — | — | — | — | — | £48,137,937 | £52,360,792 | |
| Net assets | — | — | — | — | — | £48,019,294 | £52,034,840 | |
| Equity | £34,898,420 | £38,031,974 | £39,473,362 | £41,253,013 | £44,347,408 | £48,019,294 | £52,034,840 | |
| Average employees | — | — | — | — | — | 103 | 103 | |
| Wages | — | — | — | — | — | £4,108,181 | £4,534,070 |
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 13.2% | 13.7% | |
| Net margin | — | — | — | — | — | 13.3% | 13.5% | |
| Return on capital employed | — | — | — | — | — | 7.6% | 7.8% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 7.1% | 7.8% | |
| Current ratio | — | — | — | — | — | 12.54x | 11.98x |
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
- Standalone (parent only)
- Auditor
- Wyatt Morris Golland Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- AIRTECH ADVANCED MATERIALS UK LTD · parent
- Airtech Composite Materials India Private Limited 99.99%
Significant events
- “2024 was a period in which the business continued to have an increase in revenues, helped by recoveries in most market sector areas including Aerospace which is still a key area of the business.”
- “Sustainability remained a high priority amd key focus in 2024.”
- “Extraneous risks such as pandemics, IT failure and cyber attack could create significant disruption, but the company has a robust crisis management system in place. There has also been a significant investment in IT protection and processes.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WATERKOTTE, Dennis | Secretary | 2021-01-27 | — | — |
| CARTER, Joy | Director | 2017-12-31 | Sep 1963 | American |
| DAHLGREN, Jeffrey L | Director | 1996-02-07 | Jul 1959 | American |
| DAHLGREN, William R | Director | 1996-02-07 | Jul 1933 | American |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NIXEN, Alan | Secretary | 1996-02-07 | 2021-01-27 |
| STOTT, Elaine | Secretary | 1996-01-31 | 1996-02-07 |
| ASHCROFT CAMERON SECRETARIES LIMITED | Corporate Secretary | 1996-01-31 | 1996-01-31 |
| RICHARDS, Patricia Anne | Director | 1996-01-31 | 1996-02-07 |
| WATERKOTTE, Dennis P | Director | 1996-02-07 | 2017-12-31 |
| ASHCROFT CAMERON NOMINEES LIMITED | Corporate Director | 1996-01-31 | 1996-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Airtech International Inc | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 95 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-11-01 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-17 | AAMD | accounts | Accounts amended with accounts type group | |
| 2025-09-23 | AA | accounts | Accounts with accounts type medium | |
| 2025-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-10 | AA | accounts | Accounts with accounts type group | |
| 2024-03-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-04 | AA | accounts | Accounts with accounts type full | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-01 | CERTNM | change-of-name | Certificate change of name company | |
| 2022-09-21 | AA | accounts | Accounts with accounts type full | |
| 2022-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-28 | AA | accounts | Accounts with accounts type full | |
| 2021-02-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-28 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-01-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2020-12-21 | AA | accounts | Accounts with accounts type full | |
| 2020-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-16 | AA | accounts | Accounts with accounts type full | |
| 2019-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-09-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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
+7.2%
£27,686,142 £29,678,860
-
Cash
+10%
£30,940,035 £34,046,898
-
Net assets
+8.4%
£48,019,294 £52,034,840
-
Employees
0%
103 103
-
Operating profit
+11.9%
£3,647,477 £4,079,788
-
Profit before tax
+15.3%
£4,831,926 £5,570,965
-
Wages
+10.4%
£4,108,181 £4,534,070
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