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Airtech Advanced Materials Uk Ltd

03153600

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

THE CAUSEWAY OLDHAM BROADWAY BUSINESS PARK, OLDHAM, OL9 9XD
Incorporated 31/01/1996

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/01/2026

Due 11/02/2027

On track

Industry

22290
Manufacture of other plastic products
52102
52102

Officers

Dennis Waterkotte

secretary · Since 27/01/2021

Joy Carter

director · Since 31/12/2017

American

Jeffrey L Dahlgren

director · Since 07/02/1996

American

William R Dahlgren

director · Since 07/02/1996

American

Former

Alan Nixen

secretary · Resigned 27/01/2021

Elaine Stott

secretary · Resigned 07/02/1996

Ashcroft Cameron Secretaries Limited

corporate secretary · Resigned 31/01/1996

Patricia Anne Richards

director · Resigned 07/02/1996

Dennis P Waterkotte

director · Resigned 31/12/2017

Ashcroft Cameron Nominees Limited

corporate director · Resigned 31/01/1996

CompanyRankvs 190+ SIC 22290 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 11.98× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

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. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£29.7M

Annual revenue

Net Worth

£52.0M

Balance sheet strength

Cash

£34.0M

Cash in the bank

Profit Before Tax

£5.6M

Bottom line earnings

Net Current Assets

£44.7M

Working capital

Current Assets

£48.8M

Current Liabilities

£4.1M

Fixed Assets

£7.7M

Debtors

£6.4M

Cost of Sales

£20.0M

Gross Profit

£9.7M

Admin Expenses

£5.3M

Operating Profit

£4.1M

Profit After Tax

£4.0M

103avg. employees-1

Tax at Year End

Corp tax£398k

People Costs

Wages & salaries£4.5M
NI contributions£448k

Balance Sheet

Assets less current liabilities£52.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202411.98+£4.0M
202312.54—

Derived from filed accounts. Not audited figures.