UK Companies House feature
AERIVO GROUP UK LIMITED
Cash
£2M
+46.5% vs 2020
Net assets
-£1M
+20.3% vs 2020
Employees
103
-8% vs 2020
Profit before tax
£402K
+116.4% vs 2020
Profile
- Company number
- 11587010
- Status
- Active
- Incorporation
- 2018-09-25
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Profit before tax
3-year trend · vs UK AI & Enterprise SaaS median
Accounts
3-year trend · latest 2021-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Turnover | — | £9,931,887 | £8,641,600 | |
| Operating profit | — | -£1,906,282 | — | |
| Profit before tax | — | -£2,455,814 | £402,113 | |
| Net profit | — | — | — | |
| Cash | — | £1,341,703 | £1,965,249 | |
| Total assets less current liabilities | — | -£1,434,198 | -£1,142,831 | |
| Net assets | — | — | — | |
| Equity | £71,336 | -£2,225,176 | -£1,786,939 | |
| Average employees | — | 112 | 103 | |
| Wages | — | £4,997,154 | £4,655,741 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Armstrong Watson Audit 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. 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. At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “Airport Systems continues to make significant strides in enacting its strategy to focus the business on its core competencies. The transformation of Airport Systems is ongoing, with a number of our software products now uplifted onto new technology and actively being deployed to customers. This transformation reflects our commitment to innovation and adaptability in meeting customer needs.”
- “Macroeconomic factors such as the threat of a future global pandemic, the ongoing war in Ukraine, and the political situation between China and many Western governments pose risks to the business if they were to materialise or escalate further.”
- “The speed of developments seen in Al presents both an opportunity and a threat. Airport Systems are investing in developing Al and machine learning capabilities, and these are already being built into our products to help customers maximise their efficiency, safety, and sustainability goals.”
- “The parent company has provided a letter of support confirming its commitment to providing financial support to the company for at least the next 12 months.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLAY, Robert Peter | Director | 2026-03-01 | Jul 1970 | British |
| FOKKEMA, Klaas | Director | 2026-03-01 | Feb 1968 | Dutch |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BATER, Robert | Director | 2022-12-01 | 2026-02-06 |
| BOWLEY, Laura Patience | Director | 2022-02-25 | 2022-11-25 |
| BURGHARDT, Thorben | Director | 2026-02-05 | 2026-03-01 |
| CLIFFE, David Andrew | Director | 2018-09-25 | 2019-02-01 |
| DUBOIS, Laurent Gerard | Director | 2020-05-20 | 2026-03-01 |
| FENNEY, Martin Andrew | Director | 2020-05-20 | 2022-09-20 |
| JODEAU, Sebastien Mickael Constant | Director | 2019-02-01 | 2022-02-25 |
| KALSI, India | Director | 2018-09-25 | 2019-02-01 |
| ONSELAERE, Christian Julien | Director | 2019-02-01 | 2020-05-08 |
| SPERRING, Nigel | Director | 2019-02-01 | 2020-05-08 |
| STACEY, Graeme David | Director | 2018-09-25 | 2019-02-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Modaxo Group Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-03-01 | Active |
| Adb Safegate Bv | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-02-01 | Ceased 2026-03-01 |
| Ultra Electronics Holdings Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-09-25 | Ceased 2019-02-01 |
Filing timeline
Last 20 of 48 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-05 | CERTNM | change-of-name | certificate change of name company |
| 2026-03-02 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2026-03-02 | TM01 | officers | termination director company with name termination date |
| 2026-03-02 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2026-03-02 | TM01 | officers | termination director company with name termination date |
| 2026-03-02 | AP01 | officers | appoint person director company with name date |
| 2026-03-02 | AP01 | officers | appoint person director company with name date |
| 2026-02-09 | SH01 | capital | capital allotment shares |
| 2026-02-09 | AP01 | officers | appoint person director company with name date |
| 2026-02-09 | TM01 | officers | termination director company with name termination date |
| 2025-10-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-10-28 | AD01 | address | change registered office address company with date old address new address |
| 2025-07-30 | AA | accounts | accounts with accounts type full |
| 2024-10-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-06-25 | AA | accounts | accounts with accounts type full |
| 2023-09-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-06-22 | AA | accounts | accounts with accounts type full |
| 2022-12-16 | AP01 | officers | appoint person director company with name date |
| 2022-12-16 | TM01 | officers | termination director company with name termination date |
| 2022-12-16 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory