AIRFLOW DEVELOPMENTS LIMITED
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Cash
£22M
-7.4% vs 2023
Net assets
£32M
+4% vs 2023
Employees
123
0% vs 2023
Profit before tax
£3.2M
-76.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Insolvency history on file
Companies House holds prior insolvency events for this company. Detail and outcome on the official register.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £81,976,742 | £33,085,774 | -59.6% | |
| Operating profit | £13,552,365 | £2,660,556 | -80.4% | |
| Profit before tax | £13,763,600 | £3,202,130 | -76.7% | |
| Net profit | £9,320,671 | £2,062,423 | -77.9% | |
| Cash | £24,206,931 | £22,405,393 | -7.4% | |
| Total assets less current liabilities | £31,912,920 | £33,389,089 | +4.6% | |
| Net assets | £30,535,855 | £31,765,754 | +4% | |
| Equity | £30,535,855 | £31,765,754 | +4% | |
| Average employees | 123 | 123 | 0% | |
| Wages | £6,463,760 | £6,003,029 | -7.1% | |
| Directors' remuneration | £124,985 | £122,164 | -2.3% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 16.5% | 8.0% | |
| Net margin | 11.4% | 6.2% | |
| Return on capital employed | 42.5% | 8.0% | |
| Current ratio | 4.78x | 9.12x |
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
- Consolidated group
- Auditor
- BK Plus Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. Based on these assessments, given the measures that could be undertaken to mitigate any adverse conditions, and the current resources available, the directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.”
Group structure
- AIRFLOW DEVELOPMENTS LIMITED · parent
- Airflow Lufttechnik GmbH 100%
Significant events
- “2024 saw more of the Government supported, post Covid19 contracts for school ventilation revert to more normal levels in Germany. The group also took the decision to withdraw from the industrial centrifugal fan business in all its markets”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MÜLLER, Gunther | Secretary | 2008-04-02 | — | Austrian |
| MÜLLER, Gunther | Director | 2008-04-02 | May 1968 | Austrian |
| MÜLLER, Jurgen | Director | 2008-04-02 | Apr 1967 | Austrian |
| SIGGINS, Alan | Director | 2008-05-21 | Aug 1965 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEGLOW, William Henry | Secretary | — | 2002-03-27 |
| STEVENSON-HAMILTON, James Hamish Robert | Secretary | 2002-03-27 | 2008-04-02 |
| BAGLEY, Peter Edward | Director | — | 1994-10-04 |
| BLOND, Andre Neville | Director | — | 2002-03-27 |
| BURROUGHS, Keith Richard | Director | — | 2002-03-27 |
| DOWNING, Peter Malcolm, Doctor | Director | — | 2002-12-20 |
| HATHAWAY, Terence Roy | Director | 1997-07-07 | 1998-03-09 |
| HITCHCOCK, Rupert William George | Director | 1993-01-20 | 1996-07-08 |
| JOHNSON-WATTS, Jonathan William | Director | 2002-03-27 | 2008-04-02 |
| STEVENSON-HAMILTON, James Hamish Robert | Director | 2002-03-27 | 2008-04-02 |
| WILSON, Alexander Connor | Director | — | 1992-03-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Herr Jurgen Müller | Individual | Shares 25–50% (as firm) | 2016-04-06 | Active |
| Herr Gunther Martin Rolf Müller | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 167 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-15 | AA | accounts | Accounts with accounts type group | |
| 2024-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-30 | AA | accounts | Accounts with accounts type group | |
| 2023-11-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-08 | AA | accounts | Accounts with accounts type group | |
| 2022-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-24 | AA | accounts | Accounts with accounts type group | |
| 2021-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-13 | AA | accounts | Accounts with accounts type group | |
| 2020-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-07 | AA | accounts | Accounts with accounts type group | |
| 2019-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-01 | AA | accounts | Accounts with accounts type group | |
| 2019-05-31 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2019-05-31 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2019-05-29 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- 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.