ABCO KOVEX (UK) LIMITED
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Cash
£3.9M
+53.2% vs 2023
Net assets
£4.5M
+31.5% vs 2023
Employees
7
0% vs 2023
Profit before tax
£1.4M
+43.5% vs 2023
Net assets
2-year trend · vs Basic Materials 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 | £6,936,368 | £7,393,094 | +6.6% | |
| Operating profit | £913,009 | £1,290,571 | +41.4% | |
| Profit before tax | £994,984 | £1,427,860 | +43.5% | |
| Net profit | £763,986 | £1,067,756 | +39.8% | |
| Cash | £2,526,423 | £3,871,222 | +53.2% | |
| Total assets less current liabilities | £3,392,607 | £4,460,363 | +31.5% | |
| Net assets | £3,392,607 | £4,460,363 | +31.5% | |
| Equity | £3,392,607 | £4,460,363 | +31.5% | |
| Average employees | 7 | 7 | 0% | |
| Wages | £500,934 | £509,128 | +1.6% | |
| Directors' remuneration | — | — | — |
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 | 13.2% | 17.5% | |
| Net margin | 11.0% | 14.4% | |
| Return on capital employed | 26.9% | 28.9% | |
| Gearing (liabilities / total assets) | 34.6% | 29.9% | |
| Current ratio | 2.87x | 3.33x |
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 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- PricewaterhouseCoopers
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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
- “On the 2nd April 2025, the United States of America ('USA') announced a 20% tariff on all imports from the European Union ('EU'). On the 7th April 2025, the 20% tariff was subsequently suspended for 90 days by the USA leaving a tariff of 10% on all imports from the EU. It could represent an opportunity if the reduction in US demand for Far East goods allows us to renegotiate our own import pricing. The company is closely monitoring the situation and taking expert advice.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRINKWORTH-BELL, Laura Michelle | Secretary | 2025-09-01 | — | — |
| BRIDGETTE, Lorraine | Director | 2012-02-08 | Nov 1964 | Irish |
| FITZSIMONS, Brian | Director | 2012-02-08 | Nov 1971 | Irish |
| MCLAUGHLIN, Alastair Paul | Director | 2020-09-30 | May 1965 | Irish |
| STOKES, Dale David | Director | 2024-06-30 | Aug 1978 | British |
| TYRRELL, Shane | Director | 2021-10-01 | Sep 1973 | Irish |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JEFFERIES, Suzanne Isabel | Secretary | 2020-09-30 | 2025-09-01 |
| KELLY, Richard Darragh | Director | 2020-09-30 | 2021-10-01 |
| SULLIVAN, Noel | Director | 2012-02-08 | 2012-02-08 |
| TEDBURY, Andrew James | Director | 2020-09-30 | 2024-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Selectuser Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-09-30 | Active |
| Abco Kovex Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2020-09-30 |
Filing timeline
Last 20 of 50 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-23 | AA | accounts | Accounts with accounts type full | |
| 2025-09-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-09-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-10 | AA | accounts | Accounts with accounts type full | |
| 2024-07-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-03 | AA | accounts | Accounts with accounts type full | |
| 2022-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-05 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-05 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-03 | AA | accounts | Accounts with accounts type small | |
| 2021-08-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-08-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-25 | CH01 | officers | Change person director company with change date | |
| 2021-03-23 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.