ASTEC INDUSTRIES EUROPE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-26 (in 4mo)
Last made up 2025-09-12
Watchouts
None on the register
Cash
£3M
-14.5% vs 2023
Net assets
£13M
-20.2% vs 2023
Employees
227
+2.3% vs 2023
Profit before tax
-£3M
-1,105% vs 2023
Name history
Renamed 1 time since incorporation
- ASTEC INDUSTRIES EUROPE LIMITED 2025-05-07 → present
- TELESTACK LIMITED 2001-02-14 → 2025-05-07
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £59,822,360 | £49,287,578 | |
| Operating profit | £410,962 | -£2,193,687 | |
| Profit before tax | -£268,574 | -£3,236,195 | |
| Net profit | -£268,573 | -£3,198,465 | |
| Cash | £3,830,908 | £3,273,812 | |
| Total assets less current liabilities | £16,383,783 | £13,150,785 | |
| Net assets | £15,835,231 | £12,636,766 | |
| Equity | £15,835,231 | £12,636,766 | |
| Average employees | 222 | 227 | |
| Wages | £9,225,943 | £9,557,341 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 0.7% | -4.5% | |
| Net margin | -0.4% | -6.5% | |
| Return on capital employed | 2.5% | -16.7% | |
| Gearing (liabilities / total assets) | 62.4% | 72.3% | |
| Current ratio | 1.17x | 1.00x | |
| Interest cover | 0.60x | -2.10x |
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
- BDO Northern Ireland
- 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
- “In order to further develop our presence into the European market, and to build on the Astec brand, the company plans to change its name from Telestack Limited to Astec Industries Europe Limited in April 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOMAN, Mark | Secretary | 2023-02-22 | — | — |
| GRIBBEN, Malachy | Director | 2014-04-01 | Sep 1968 | Irish |
| HOMAN, Mark | Director | 2023-02-22 | Jun 1966 | American |
| NORRIS, Michael Paul | Director | 2025-05-09 | Feb 1969 | American |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROGAN, Patrick | Secretary | 2001-02-14 | 2008-05-02 |
| MCCUTCHEON, Adrian Andrew | Secretary | 2008-05-02 | 2014-04-01 |
| RAYA, Gerardo Goya | Secretary | 2020-01-27 | 2023-02-22 |
| SILVIOUS, David Charles | Secretary | 2014-04-01 | 2019-12-04 |
| AVERKAMP, Timothy | Director | 2023-05-13 | 2023-12-05 |
| BROGAN, Patrick | Director | 2001-02-14 | 2008-05-02 |
| DORRIS, Richard | Director | 2019-01-22 | 2019-09-13 |
| DUMMIGAN, Martin | Director | 2016-01-11 | 2023-03-31 |
| ELLIOTT, Jeffery | Director | 2014-08-15 | 2019-07-04 |
| GRIBBEN, Malachy | Director | 2008-05-02 | 2014-04-01 |
| MCCUTCHEON, Adrian Andrew | Director | 2014-04-01 | 2015-12-31 |
| MCCUTCHEON, Adrian Andrew | Director | 2008-05-02 | 2014-04-01 |
| PATEK, Richard | Director | 2014-08-15 | 2018-09-28 |
| RAYA, Gerardo Goya | Director | 2020-01-27 | 2023-02-22 |
| SCHWARZ, Jeffrey | Director | 2018-09-29 | 2018-09-29 |
| SCHWARZ, Jeffrey | Director | 2018-09-29 | 2020-11-20 |
| SILVIOUS, David Charles | Director | 2014-04-01 | 2019-12-04 |
| TIERNEY, Eamon | Director | 2001-02-14 | 2008-05-02 |
| VIG, Joseph Palmer | Director | 2014-04-01 | 2014-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mill Row Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-07-05 | Active |
Filing timeline
Last 20 of 119 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-07 CERTNM Certificate change of name company PDF
- 2023-09-15 RESOLUTIONS Resolution
- 2023-09-11 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-19 | CH01 | officers | Change person director company with change date | |
| 2025-05-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-07 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-04-07 | AA | accounts | Accounts with accounts type full | |
| 2024-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-24 | AA | accounts | Accounts with accounts type full | |
| 2024-01-25 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2023-12-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-09-15 | RESOLUTIONS | resolution | Resolution | |
| 2023-09-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-11 | SH01 | capital | Capital allotment shares | |
| 2023-09-11 | MA | incorporation | Memorandum articles | |
| 2023-05-26 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-13 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-07 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-03-07 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-03-07 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- 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
-17.6%
£59,822,360 £49,287,578
-
Cash
-14.5%
£3,830,908 £3,273,812
-
Net assets
-20.2%
£15,835,231 £12,636,766
-
Employees
+2.3%
222 227
-
Operating profit
-633.8%
£410,962 -£2,193,687
-
Profit before tax
-1,105%
-£268,574 -£3,236,195
-
Wages
+3.6%
£9,225,943 £9,557,341
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