(AQ) LIMITED
Trading as aql, the company is a telecommunications operator providing high-bandwidth networks, secure data storage, and mobile connectivity solutions for businesses and municipalities.
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Cash
£1.7M
+759.6% highest in 3 filed years
Net assets
£224K
-79.5% lowest in 3 filed years
Employees
68
-8.1% lowest in 3 filed years
Profit before tax
-£1.2M
+54.9% vs 2023
Net assets
3-year trend · vs Telecommunications median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £16,805,421 | £16,906,320 | +0.6% | |
| Operating profit | — | -£2,593,789 | -£1,169,843 | +54.9% | |
| Profit before tax | -£798,829 | -£2,593,789 | -£1,169,843 | +54.9% | |
| Net profit | -£196,622 | -£2,178,861 | -£869,197 | +60.1% | |
| Cash | £343,527 | £193,111 | £1,659,943 | +759.6% | |
| Total assets less current liabilities | £3,771,383 | £1,100,918 | £223,536 | -79.7% | |
| Net assets | £3,699,290 | £1,092,733 | £223,536 | -79.5% | |
| Equity | £3,699,290 | £1,092,733 | £223,536 | -79.5% | |
| Average employees | 69 | 74 | 68 | -8.1% | |
| Wages | £2,354,060 | £2,549,346 | £2,411,308 | -5.4% | |
| Directors' remuneration | £25,974 | £35,044 | £35,044 | 0% |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | -15.4% | -6.9% | |
| Net margin | — | -13.0% | -5.1% | |
| Return on capital employed | — | -235.6% | -523.3% | |
| Gearing (liabilities / total assets) | — | 92.0% | 98.1% | |
| Current ratio | — | 1.07x | 1.00x |
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
- (AQ) LIMITED 1998-12-23 → present
- BINARY QUILL LIMITED 1998-11-09 → 1998-12-23
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors continue to adopt the going concern basis of accounting in preparing the financial statements. The Directors have prepared forecasts which are underpinned by the strong recurring revenue streams which have allowed the company to continue to invest in projects. The company has no external debt and continues to be supported by the Shareholder and other connected entities. At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NEALE, Stephen Mark | Secretary | 2002-02-01 | — | British |
| ASHTON, Neil Andrew | Director | 2026-02-16 | Dec 1961 | British |
| BEAUMONT, Adam Jason, Dr | Director | 1998-12-14 | Aug 1972 | British |
| NEVILLE-JONES, Pauline, Baroness | Director | 2020-09-04 | Nov 1939 | British |
| SILVER, Jeremy Michael, Dr | Director | 2022-09-02 | May 1958 | English |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MATTHEWS, David Steven | Secretary | 1998-12-14 | 2002-02-01 |
| MATTHEWS, David Steven | Nominee Secretary | 1998-11-09 | 1998-12-14 |
| COWLEY, Lesley Ruth | Director | 2014-10-20 | 2018-05-01 |
| GREAVES, Paul John | Director | 2010-09-03 | 2015-08-26 |
| CORPORATE LEGAL LTD | Corporate Nominee Director | 1998-11-09 | 1998-12-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dr Adam Jason Beaumont | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 82 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-05 | AA | accounts | Accounts with accounts type full | |
| 2025-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type full | |
| 2024-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-11 | AA | accounts | Accounts with accounts type full | |
| 2023-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-01 | AA | accounts | Accounts with accounts type full | |
| 2022-09-15 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-01 | AA | accounts | Accounts with accounts type full | |
| 2021-01-08 | AA | accounts | Accounts with accounts type full | |
| 2020-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-14 | AP01 | officers | Appoint person director company with name date | |
| 2019-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-07 | AA | accounts | Accounts with accounts type full | |
| 2018-10-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2018-10-09 | AA | accounts | Accounts with accounts type group | |
| 2018-05-01 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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.