AVANTEK MACHINERY LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2027-03-16 (in 10mo)
Last made up 2026-03-02
Watchouts
None on the register
Cash
£43K
+34.1% vs 2023
Net assets
£1M
+67.2% vs 2023
Employees
12
0% vs 2023
Profit before tax
£711K
+4.4% vs 2023
Name history
Renamed 1 time since incorporation
- AVANTEK MACHINERY LIMITED 2016-01-21 → present
- WEGOMA MACHINERY SALES LIMITED 2014-03-13 → 2016-01-21
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-10-31
| Metric | Trend | 2023-10-31 | 2024-10-31 |
|---|---|---|---|
| Turnover | £5,862,683 | £5,401,418 | |
| Operating profit | £681,929 | £707,702 | |
| Profit before tax | £681,023 | £711,166 | |
| Net profit | £527,054 | £532,990 | |
| Cash | £31,977 | £42,886 | |
| Total assets less current liabilities | £795,690 | £1,325,585 | |
| Net assets | £792,595 | £1,325,585 | |
| Equity | £792,595 | £1,325,585 | |
| Average employees | 12 | 12 | |
| Wages | £633,758 | £639,155 |
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 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|
| Operating margin | 11.6% | 13.1% | |
| Net margin | 9.0% | 9.9% | |
| Return on capital employed | 85.7% | 53.4% | |
| Gearing (liabilities / total assets) | 64.5% | 24.0% | |
| Current ratio | 1.53x | 4.17x | |
| Interest cover | 264.42x | 847.55x |
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
- Grant Thornton UK LLP
- 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The company revenue of £5,401,418 (2023: £5,862,683) decreased by 7.87%. and we are pleased to report an EBITDA for 2024 of £733,325 (2023: £727,735). The decrease in the revenue is a result of the post COVID demand and market conditions adjusting after this period.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAILEY, Monika | Secretary | 2019-02-22 | — | — |
| ALDERSON, Christopher Mark | Director | 2024-04-19 | Dec 1966 | British |
| BAILEY, Monika | Director | 2019-02-22 | Sep 1978 | British |
| CORNETT, Paul Boyd | Director | 2019-11-01 | Mar 1977 | American |
| ZUEHLKE, Scott Michael | Director | 2019-11-01 | Aug 1976 | American |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARRELL, Emma | Secretary | 2014-04-28 | 2019-02-22 |
| PHILSEC LIMITED | Corporate Secretary | 2014-03-13 | 2014-04-28 |
| ARRELL, Emma Jane | Director | 2015-02-17 | 2019-02-22 |
| DELANEY, Kevin | Director | 2015-06-15 | 2019-11-01 |
| HARTSHORN, Roger Laurence | Director | 2014-04-28 | 2018-10-31 |
| KORB, Brent | Director | 2015-06-15 | 2019-06-07 |
| MAYER, Fenya Louise | Director | 2014-04-28 | 2015-06-15 |
| MAYER, Gary Alan | Director | 2014-04-28 | 2015-06-15 |
| THURLEY, Martin | Director | 2018-11-01 | 2024-04-19 |
| WATTS, David | Director | 2014-04-28 | 2015-06-15 |
| WRIGLEY, Richard | Director | 2014-03-13 | 2014-04-28 |
| MEAUJO INCORPORATIONS LIMITED | Corporate Director | 2014-03-13 | 2014-04-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Quanex Building Products Corporation | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 62 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-28 | AA | accounts | Accounts with accounts type full | |
| 2025-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-05 | AA | accounts | Accounts with accounts type full | |
| 2024-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-08 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-08-03 | AA | accounts | Accounts with accounts type full | |
| 2023-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-02 | AA | accounts | Accounts with accounts type full | |
| 2022-03-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-08 | AA | accounts | Accounts with accounts type full | |
| 2021-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-15 | AA | accounts | Accounts with accounts type full | |
| 2020-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-11-11 | AP01 | officers | Appoint person director company with name date | |
| 2019-11-11 | AP01 | officers | Appoint person director company with name date | |
| 2019-11-11 | TM01 | officers | Termination director company with name termination date | |
| 2019-06-17 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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 2024-10-31 vs 2023-10-31
-
Turnover
-7.9%
£5,862,683 £5,401,418
-
Cash
+34.1%
£31,977 £42,886
-
Net assets
+67.2%
£792,595 £1,325,585
-
Employees
0%
12 12
-
Operating profit
+3.8%
£681,929 £707,702
-
Profit before tax
+4.4%
£681,023 £711,166
-
Wages
+0.9%
£633,758 £639,155
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