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Avid Technology Group Limited

06846533

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

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

Details

TURNTIDE DRIVES EIGHTH AVENUE, GATESHEAD, NE11 0QA
Incorporated 13/03/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Mark Cox

director · Since 28/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 10 other boards

Mr. Steven Mark Hornyak

director · Since 11/06/2024

CHIEF EXECUTIVE

AMERICAN · UNITED STATES · Age 60

Also on 7 other boards

Persons with Significant Control

Turntide Transport Limited

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

C/O Square One Law Llp, Anson House, Fleming Business Centre,, Newcastle Upon Tyne, NE2 3AE

Reg: 13289543 · Companies House · Private Limited Company (Limited By Shares)

Notified 27/06/2021

Former PSCs

Mr Ryan Ellis Maughan

Ceased 15/02/2019

Charges1 outstanding

Charge
outstanding

AVENUE VENTURE OPPORTUNITIES FUND II, L.P. (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEF

Created 23/12/2025Registered 24/12/2025
Charge
satisfied

MAVEN CAPITAL PARTNERS UK LLP (AS SECURITY TRUSTEE)

Created 26/02/2019Registered 01/03/2019Satisfied 09/07/2021
Charge
satisfied

NVM PRIVATE EQUITY LLP

Created 04/07/2016Registered 05/07/2016Satisfied 09/07/2021
charge
satisfied

NEAF LP

Created 30/12/2010Registered 07/01/2011Satisfied 27/07/2012

CompanyRankvs 14174+ SIC 64209 peers
47

Financial strength96th percentile among SIC peers · 24/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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14174Avid Technology Group Limited
57
How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 pts

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

Liquidity0/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£5.9M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Fixed Assets

£0

0avg. employees-3
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2024+£0
2023+£0
2022+£0
2021-£2.9M

Derived from filed accounts. Not audited figures.