AERIVO GROUP UK LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. AERIVO GROUP UK LIMITED 2026-03-05 → present
2. ADB SAFEGATE AIRPORT SYSTEMS UK LTD 2019-02-04 → 2026-03-05
3. AIRPORT SYSTEMS LIMITED 2018-09-25 → 2019-02-04

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2021-12-31.

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

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.

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 and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

13

last 12 months

Capital events

1

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -13%

  £9,931,887 → £8,641,600

• Cash

  +46.5%

  £1,341,703 → £1,965,249

• Net assets

  —

  Not reported

• Employees

  -8%

  112 → 103

• Profit before tax

  +116.4%

  -£2,455,814 → £402,113

• Wages

  -6.8%

  £4,997,154 → £4,655,741

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