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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-04-23

Overdue

Watchouts

1 item

Cash

£492K

+132.3% vs 2024

Net assets

£30M

+7% vs 2024

Employees

217

+5.9% vs 2024

Profit before tax

£17M

+23.5% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 2 times since incorporation

  1. ADVANCED ELECTRONICS LIMITED 2001-04-03 → present
  2. MORLEY ADVANCED LIMITED 1999-04-28 → 2001-04-03
  3. CLERKTRAY LIMITED 1999-04-09 → 1999-04-28

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £41,869,478£48,454,443
Operating profit £12,812,862£17,042,307
Profit before tax £13,993,897£17,278,039
Net profit £13,266,630£12,973,086
Cash £211,845£492,206
Total assets less current liabilities £30,446,337£32,564,252
Net assets £28,152,781£30,125,867
Equity £28,152,781£30,125,867
Average employees 205217
Wages £8,312,183£8,747,199

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 2024-03-312025-03-31
Operating margin 30.6%35.2%
Net margin 31.7%26.8%
Return on capital employed 42.1%52.3%
Current ratio 3.87x5.61x
Interest cover 309.93x488.44x

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 101
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have a high level of confidence that despite the current economic uncertainty the Company has access to the necessary liquid resources to meet its liabilities as they fall due and will be able to sustain its business model, strategy and operations and remain solvent for the foreseeable future even in the event of the severe but plausible downside scenario. Thus, the Directors believe there is no material uncertainty in the use of the going concern assumption.”

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

People

7 active · 30 resigned

Name Role Appointed Born Nationality
GALVAO, Davi Fontes Mendes Director 2025-07-01 Sep 1979 Brazilian
LAWSON, Sarah Director 2022-02-14 May 1977 British
LOMBARD, Charles Director 2021-04-01 Mar 1970 French
NEWBURY, John Daniel Director 2023-10-02 Apr 1978 British
SMITH, Nicola Frances Director 2024-06-03 Oct 1982 British
TELESCA, Antonio Director 2023-07-31 May 1969 Italian
YOUNG, Susan Director 2025-11-03 Apr 1985 British
Show 30 resigned officers
Name Role Appointed Resigned
BAINES, John Crawford Secretary 1999-06-24 2014-05-14
HOPE, Raymond James Secretary 1999-04-30 2004-02-29
WIDDAS, Christopher John Secretary 2014-12-01 2019-10-25
JL NOMINEES TWO LIMITED Corporate Nominee Secretary 1999-04-09 1999-04-20
WB COMPANY SECRETARIES LIMITED Corporate Secretary 1999-04-20 1999-04-30
BAINES, John Crawford Director 1999-06-24 2004-02-29
BARTLETT, Faye Christina Director 2021-08-16 2023-10-01
BEECH, Alan Eric Director 2000-09-28 2014-05-14
BELL, Peter Director 2018-07-01 2020-10-01
BOWLES, Aston Director 2018-07-01 2019-06-28
BROWITT, Peter Craig Director 2018-11-01 2022-11-30
BROWN, Steven Malcolm Director 2018-12-01 2021-04-01
COTTAM, Michael James Director 2022-08-01 2024-12-13
CRAIG, Gary Director 2020-04-01 2022-03-31
DODSON, Michael George Director 2003-07-04 2004-08-01
HILL, Paula Director 2022-01-01 2023-03-31
HOPE, Raymond James Director 1999-06-24 2018-10-31
LAVELLE, Mark Stephen Director 2014-05-14 2017-02-16
LEISERACH, Joseph Saul Director 2019-06-01 2021-03-11
MARSTON, Christopher Director 2010-12-01 2019-01-14
MOODY, Benjamin Charles Director 2020-02-01 2022-09-25
MORTON, Robert Director 2010-11-08 2014-05-14
SENIOR, Adrian Director 2004-06-01 2014-05-14
SYKES, John Keith Director 2003-07-04 2010-04-24
THOMPSON, Ian Director 1999-06-24 2017-06-16
TRODD, Nigel James Benedict Director 2014-05-14 2017-06-16
WATSON, Danielle Louise Director 2022-09-26 2025-06-30
WIDDAS, Christopher John Director 2014-12-01 2019-10-25
JL NOMINEES ONE LIMITED Corporate Nominee Director 1999-04-09 1999-04-20
WB COMPANY DIRECTORS LIMITED Corporate Director 1999-04-20 1999-04-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Raymond Hope Individual Significant influence 2016-04-07 Ceased 2018-10-31
Halma Plc Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 206 total filings

Date Type Category Description
2026-03-19 AP01 officers Appoint person director company with name date PDF
2025-11-11 AA accounts Accounts with accounts type full
2025-08-26 AP01 officers Appoint person director company with name date PDF
2025-08-26 TM01 officers Termination director company with name termination date PDF
2025-05-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-28 TM01 officers Termination director company with name termination date PDF
2024-12-05 AA accounts Accounts with accounts type full
2024-06-06 AP01 officers Appoint person director company with name date PDF
2024-04-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-11-28 AA accounts Accounts with accounts type full
2023-10-05 AP01 officers Appoint person director company with name date PDF
2023-10-05 TM01 officers Termination director company with name termination date PDF
2023-08-07 AP01 officers Appoint person director company with name date PDF
2023-04-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-04-04 TM01 officers Termination director company with name termination date PDF
2022-12-20 AA accounts Accounts with accounts type full
2022-12-09 TM01 officers Termination director company with name termination date PDF
2022-10-03 AP01 officers Appoint person director company with name date PDF
2022-10-03 TM01 officers Termination director company with name termination date PDF
2022-08-03 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
1

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

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