AIRTECH ADVANCED MATERIALS UK LTD
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Cash
£38m
+1.2% highest in 6 filed years
Net assets
£54m
+5.8% highest in 6 filed years
Employees
144
+30.9% highest in 6 filed years
Profit before tax
£4.1m
-18.7% vs 2024
Net assets
6-year trend · vs Basic Materials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £19,106,474 | £20,071,338 | £26,423,240 | £27,686,142 | £29,670,305 | £35,889,890 | +21% | |
| Operating profit | £1,720,769 | £2,183,937 | £3,488,789 | £3,647,477 | £3,565,713 | £3,086,745 | -13.4% | |
| Profit before tax | £1,841,757 | £2,244,120 | £3,887,898 | £4,831,926 | £5,050,211 | £4,104,091 | -18.7% | |
| Net profit | £1,441,388 | £1,779,651 | £3,094,395 | £3,671,886 | £3,494,792 | £2,819,470 | -19.3% | |
| Cash | £28,209,541 | £29,353,462 | £28,405,285 | £30,940,035 | £37,142,725 | £37,591,258 | +1.2% | |
| Total assets less current liabilities | £39,620,820 | £41,390,310 | £44,475,481 | £48,137,937 | £60,377,053 | £63,023,633 | +4.4% | |
| Net assets | £39,473,362 | £41,253,013 | £44,347,408 | £48,019,294 | £51,264,884 | £54,221,712 | +5.8% | |
| Equity | £39,473,362 | £41,253,013 | £44,347,408 | £48,019,294 | £51,264,884 | £54,221,712 | +5.8% | |
| Average employees | 115 | 80 | 94 | 103 | 110 | 144 | +30.9% | |
| Wages | £3,415,887 | £3,039,854 | £3,793,512 | £4,108,181 | £4,582,495 | £6,442,762 | +40.6% | |
| Directors' remuneration | £107,397 | £199,594 | £222,097 | £229,167 | £245,533 | £248,074 | +1% | |
| Highest paid director | — | — | — | £229,167 | £245,533 | £248,074 | +1% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 9.0% | 10.9% | 13.2% | 13.2% | 12.0% | 8.6% | |
| Net margin | 7.5% | 8.9% | 11.7% | 13.3% | 11.8% | 7.9% | |
| Return on capital employed | 4.3% | 5.3% | 7.8% | 7.6% | 5.9% | 4.9% | |
| Gearing (liabilities / total assets) | 5.2% | 6.2% | 7.5% | 7.1% | 21.9% | 31.1% | |
| Current ratio | — | — | — | 12.54x | 10.16x | 3.71x | |
| Interest cover | — | — | — | — | 68.53x | 61.48x |
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 1 time since incorporation
- AIRTECH ADVANCED MATERIALS UK LTD 2022-11-01 → present
- TYGAVAC ADVANCED MATERIALS LTD 1996-01-31 → 2022-11-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- TC Group
- 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”
Group structure
- AIRTECH ADVANCED MATERIALS UK LTD · parent
- Airtech Composite Materials India Private Limited 99.99%
Significant events
- “The acquisition of Cosmotec Nonwovens in March 2025 means we now incorporate Airtech Nonwovens into the UK business”
- “The goodwill addition in the year relates to the purchase of the trade and assets of Cosmotec Nonwovens Ltd in March 2025 by Airtech Advanced Materials UK Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WATERKOTTE, Dennis | Secretary | 2021-01-27 | — | — |
| CARTER, Joy | Director | 2017-12-31 | Sep 1963 | American |
| DAHLGREN, Jeffrey L | Director | 1996-02-07 | Jul 1959 | American |
| DAHLGREN, William R | Director | 1996-02-07 | Jul 1933 | American |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NIXEN, Alan | Secretary | 1996-02-07 | 2021-01-27 |
| STOTT, Elaine | Secretary | 1996-01-31 | 1996-02-07 |
| ASHCROFT CAMERON SECRETARIES LIMITED | Corporate Secretary | 1996-01-31 | 1996-01-31 |
| RICHARDS, Patricia Anne | Director | 1996-01-31 | 1996-02-07 |
| WATERKOTTE, Dennis P | Director | 1996-02-07 | 2017-12-31 |
| ASHCROFT CAMERON NOMINEES LIMITED | Corporate Director | 1996-01-31 | 1996-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Airtech International Inc | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 96 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-11-01 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type group | |
| 2026-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-17 | AAMD | accounts | Accounts amended with accounts type group | |
| 2025-09-23 | AA | accounts | Accounts with accounts type medium | |
| 2025-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-10 | AA | accounts | Accounts with accounts type group | |
| 2024-03-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-04 | AA | accounts | Accounts with accounts type full | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-01 | CERTNM | change-of-name | Certificate change of name company | |
| 2022-09-21 | AA | accounts | Accounts with accounts type full | |
| 2022-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-28 | AA | accounts | Accounts with accounts type full | |
| 2021-02-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-28 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-01-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2020-12-21 | AA | accounts | Accounts with accounts type full | |
| 2020-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-16 | AA | accounts | Accounts with accounts type full | |
| 2019-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.