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Cash

£1.2M

-62.9% vs 2024

Net assets

£6.6M

+9.8% highest in 4 filed years

Employees

75

+13.6% highest in 4 filed years

Profit before tax

£2.8M

-13.5% first positive since 2022

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30

Metric Trend 2022-09-302023-09-302024-09-302025-09-30 Δ vs prior
Turnover £36,733,820£44,862,406£49,115,724£49,198,500 +0.2%
Operating profit -£446,413£1,318,277£3,191,646£2,681,814 -16%
Profit before tax -£526,784£1,163,861£3,224,734£2,788,946 -13.5%
Net profit -£398,050£881,827£2,387,350£2,089,064 -12.5%
Cash £993£257,523£3,298,975£1,224,098 -62.9%
Total assets less current liabilities £3,629,131£5,997,349£6,579,151 +9.7%
Net assets £2,717,759£3,599,586£5,986,936£6,576,000 +9.8%
Equity £5,986,936£6,576,000 +9.8%
Average employees 67656675 +13.6%
Wages £3,622,869£3,883,736£4,523,193£4,804,296 +6.2%
Directors' remuneration £473,414£956,723£1,348,244£1,085,854 -19.5%

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 2022-09-302023-09-302024-09-302025-09-30
Operating margin -1.2%2.9%6.5%5.5%
Net margin -1.1%2.0%4.9%4.2%
Return on capital employed 36.3%53.2%40.8%
Current ratio 1.43x1.53x
Interest cover -5.53x8.24x

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.

Name history

Renamed 2 times since incorporation

  1. AVK UK LIMITED 2007-10-17 → present
  2. AQUA-GAS AVK LIMITED 2001-01-11 → 2007-10-17
  3. AQUA-GAS (VALVES & FITTINGS) LIMITED 1984-08-03 → 2001-01-11

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Cooper Parry Group Limited
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

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

7 active · 14 resigned

Name Role Appointed Born Nationality
TEW, Nicholas Graham Secretary 2025-11-13
BOYDEN, Paul Henry Director 2026-04-16 Feb 1966 British
GREENHALGH, Martin Roy Director 2020-06-08 Jul 1966 British
HUBBARD, John Paul Director 2004-10-01 Sep 1959 British
JENNINGS, Paul Director 2007-09-01 Jan 1962 British
KUDSK, Lars Director 2007-09-01 May 1960 Danish
TEW, Nicholas Graham Director 2025-11-13 Mar 1988 British
Show 14 resigned officers
Name Role Appointed Resigned
BROADHURST, Gayle Secretary 2018-05-18 2025-11-13
CARSON, Elaine Margaret Secretary 1998-05-01 1999-10-18
CARSON, Stuart Graham Secretary 1998-05-01
STASCH, Janet Secretary 1999-10-18 2018-05-15
BAGGALEY, Geoffrey Duncan Director 1999-01-04 2007-09-01
BROADHURST, Gayle Director 2018-05-18 2025-11-13
CARSON, Graham Mckie Director 2004-05-14
HEDEGAARD, Jens Director 2001-04-28
HOJBERG, Vita Director 2003-01-01 2007-09-01
JENSEN, Villy Torvig Director 1998-12-21
KJAER, Niels Aage Director 2017-02-15
STASCH, Janet Director 1996-01-17 2018-05-15
STONE, Richard Charles Director 2003-01-01 2019-07-26
WARREN, Robert John Director 1996-01-17 2001-10-19

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Niels Aage Kjaer Individual Shares 75–100% 2016-07-01 Active
Mr Lars Kudsk Individual Significant influence 2016-07-01 Active

Filing timeline

Last 20 of 155 total filings

Date Type Category Description
2026-04-30 AD01 address Change registered office address company with date old address new address PDF
2026-04-16 AP01 officers Appoint person director company with name date PDF
2026-02-25 CH01 officers Change person director company with change date PDF
2026-02-25 CH01 officers Change person director company with change date PDF
2026-02-25 CH01 officers Change person director company with change date PDF
2026-01-04 AA accounts Accounts with accounts type full
2025-11-17 TM01 officers Termination director company with name termination date PDF
2025-11-17 AP01 officers Appoint person director company with name date PDF
2025-11-17 AP03 officers Appoint person secretary company with name date PDF
2025-11-17 TM02 officers Termination secretary company with name termination date PDF
2025-10-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-27 AA accounts Accounts with accounts type full
2024-10-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-19 AA accounts Accounts with accounts type full PDF
2023-10-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-23 AA accounts Accounts with accounts type full
2022-10-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-01-08 AA accounts Accounts with accounts type full
2021-10-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-03-09 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
11

last 12 months

Capital events
0

last 24 months

Officers appointed
3

last 12 months

Officers resigned
2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page