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Adtran Europe Limited

05320461

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1ST FLOOR ROSEWOOD CHINEHAM BUSINESS PARK, BASINGSTOKE, RG24 8UT
Incorporated 23/12/2004

Compliance

Last accounts

31/12/2023

full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

46520
Wholesale of electronic and telecommunications equipment and parts
61900
Other telecommunications activities

Officers

Blandy Services Limited

secretary · Since 23/12/2004

BRITISH

Also on 49 other boards

Mr Stuart Michael Broome

director · Since 16/10/2023

GM, EMEA SALES

BRITISH · ENGLAND · Age 53

Mr Gunnar Thorsten Wilsdorf

director · Since 16/10/2023

SR. DIRECTOR OF FINANCE

GERMAN · GERMANY · Age 57

Mr Timothy Philip Santo

director · Since 01/08/2025

CHIEF FINANCIAL OFFICER

AMERICAN · UNITED STATES · Age 50

Persons with Significant Control

Adtran Inc

75–100% shares
75–100% votes
Appoint directors

901, Explorer Boulevard, Huntsville

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

WELLS FARGO BANK, NATIONAL ASSOCIATION AS ADMINISTRATIVE AGENT AND SECURITY TRUSTEE FOR THE SEC

Created 04/04/2024Registered 05/04/2024
charge
satisfied

GOODHALL BARNARD PROPERTIES LIMITED

Created 27/06/2007Registered 12/07/2007Satisfied 13/10/2015
charge
satisfied

REDSTONE COMMUNICATIONS LIMITED

Created 28/04/2006Registered 05/05/2006Satisfied 13/10/2015

CompanyRankvs 277+ SIC 46520 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.22× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Liquidity12/20 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

Outstanding charges: -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 31/12/2023

Turnover

£90.1M

Annual revenue

Net Worth

£7.6M

Balance sheet strength

Cash

£10.8M

Cash in the bank

Profit Before Tax

£2.9M

Bottom line earnings

Net Current Assets

£7.5M

Working capital

Current Assets

£41.5M

Current Liabilities

£34.0M

Fixed Assets

£32k

Debtors

£27.5M

Cost of Sales

£80.3M

Gross Profit

£9.8M

Admin Expenses

£7.1M

Operating Profit

£2.7M

Profit After Tax

£2.2M

32avg. employees

Tax at Year End

Corp tax£196k

People Costs

Wages & salaries£4.3M
NI contributions£579k

Balance Sheet

Assets less current liabilities£7.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20231.22

Derived from filed accounts. Not audited figures.