ABTECH LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-23 (in 1mo)
Last made up 2025-06-09
Watchouts
None on the register
Cash
£227K
+4,180.4% highest in 6 filed years
Net assets
£3M
+72.1% highest in 6 filed years
Employees
61
+8.9% vs 2023
Profit before tax
£1M
+190.1% vs 2023
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £9,199,756 | £11,607,945 | |
| Operating profit | — | — | — | — | £528,714 | £1,392,773 | |
| Profit before tax | — | — | — | — | £458,522 | £1,330,120 | |
| Net profit | — | — | — | — | £351,563 | £1,065,715 | |
| Cash | £58,608 | £110,928 | £34,301 | £15,573 | £5,298 | £226,776 | |
| Total assets less current liabilities | £1,048,533 | £1,181,684 | £1,187,641 | £1,332,706 | £1,694,236 | £2,809,341 | |
| Net assets | £1,026,057 | £1,174,442 | — | £1,332,706 | £1,479,021 | £2,544,736 | |
| Equity | £1,026,057 | £1,174,442 | £1,187,641 | £1,332,706 | £1,479,021 | £2,544,736 | |
| Average employees | 63 | 53 | 50 | 54 | 56 | 61 | |
| Wages | — | — | — | — | £1,653,947 | £2,078,513 | |
| Directors' remuneration | — | — | — | — | £114,676 | £97,680 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+26.2%
£9,199,756 £11,607,945
-
Cash
+4,180.4%
£5,298 £226,776
highest in 6 filed years
-
Net assets
+72.1%
£1,479,021 £2,544,736
highest in 5 filed years
-
Employees
+8.9%
56 61
-
Operating profit
+163.4%
£528,714 £1,392,773
-
Profit before tax
+190.1%
£458,522 £1,330,120
-
Wages
+25.7%
£1,653,947 £2,078,513
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 5.7% | 12.0% | |
| Net margin | — | — | — | — | 3.8% | 9.2% | |
| Return on capital employed | — | — | — | — | 31.2% | 49.6% | |
| Gearing (liabilities / total assets) | — | — | — | — | 72.4% | 52.5% | |
| Current ratio | — | — | — | — | 1.41x | 1.96x | |
| Interest cover | — | — | — | — | 7.31x | 22.06x |
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
- ABTECH LIMITED 2006-11-07 → present
- HLW 299 LIMITED 2006-06-09 → 2006-11-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- BHP LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”
Significant events
- “2024 has been another much-improved year for the company. Turnover increased by 20.8% from £9.2m in 2023 to £11.6m in 2024.”
- “Gross margins increased from 34.8% to 37.1% whilst distribution costs & administrative expenses combined increased by 9%”
- “The company has a resilient outlook and expects continued growth in the Oil, Gas and Renewables markets particularly in Asia, Middle East, and the Gulf of Mexico.”
- “The establishment of our Special Projects Division, combined with our engineering expertise, enhances our capacity to deliver innovative solutions and maintain industry leadership.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JONES, Neil Grenville | Secretary | 2015-07-17 | — | — |
| BRUCE, Gareth Richard | Director | 2023-04-12 | Aug 1977 | British |
| HAUGHEY, Archibald | Director | 2025-01-03 | Aug 1963 | British |
| LANCASHIRE, Michael | Director | 2006-08-11 | Sep 1950 | British |
| LAUGHTON, Austin Charles | Director | 2020-01-02 | Apr 1971 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BATEMAN, Ian James | Secretary | 2006-10-27 | 2015-07-17 |
| LANCASHIRE, Avril Margot | Secretary | 2006-08-11 | 2006-10-27 |
| LOWERY, Sarah | Secretary | 2006-06-09 | 2006-08-11 |
| FORD, Patricia | Director | 2011-01-01 | 2024-05-10 |
| GRAY, Mark | Director | 2011-01-01 | 2016-08-12 |
| HARTLEY, Stephen James | Director | 2006-10-27 | 2023-07-27 |
| MORAN, Antony Trevor | Director | 2006-10-27 | 2018-06-21 |
| HLWCOMMERCIALLAWYERS LLP | Corporate Director | 2006-06-09 | 2006-08-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Michael Lancashire | Individual | Significant influence | 2016-06-09 | Active |
| Drishaun Holdings Limited | Corporate entity | Shares 75–100% | 2016-06-09 | Active |
Filing timeline
Last 20 of 73 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-25 | AA | accounts | Accounts with accounts type full | |
| 2025-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-20 | AA | accounts | Accounts with accounts type small | |
| 2024-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-22 | AA | accounts | Accounts with accounts type small | |
| 2023-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-06 | AA | accounts | Accounts with accounts type small | |
| 2022-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-21 | AA | accounts | Accounts with accounts type small | |
| 2021-10-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-10-05 | CH01 | officers | Change person director company with change date | |
| 2021-06-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-11 | AA | accounts | Accounts with accounts type small | |
| 2020-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2019-09-19 | AA | accounts | Accounts with accounts type small |
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.