AVASK GLOBAL COMPLIANCE LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-01 (in 4mo)
Last made up 2025-08-18
Watchouts
None on the register
Cash
£6M
-5.3% vs 2023
Net assets
£4M
+0.7% vs 2023
Employees
302
+9.8% vs 2023
Profit before tax
£202K
+269% vs 2023
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £25,135,080 | £25,984,452 | |
| Operating profit | -£703,166 | -£132,563 | |
| Profit before tax | -£119,481 | £201,941 | |
| Net profit | -£79,463 | £528,006 | |
| Cash | £6,043,015 | £5,724,117 | |
| Total assets less current liabilities | £4,423,341 | £4,147,654 | |
| Net assets | £3,881,689 | £3,907,098 | |
| Equity | £3,881,689 | £3,907,098 | |
| Average employees | 275 | 302 | |
| Wages | £8,690,527 | £10,004,248 | |
| Directors' remuneration | £145,192 | £145,189 |
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
+3.4%
£25,135,080 £25,984,452
-
Cash
-5.3%
£6,043,015 £5,724,117
-
Net assets
+0.7%
£3,881,689 £3,907,098
-
Employees
+9.8%
275 302
-
Operating profit
+81.1%
-£703,166 -£132,563
-
Profit before tax
+269%
-£119,481 £201,941
-
Wages
+15.1%
£8,690,527 £10,004,248
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -2.8% | -0.5% | |
| Net margin | -0.3% | 2.0% | |
| Return on capital employed | -15.9% | -3.2% | |
| Current ratio | 1.00x | 0.93x | |
| Interest cover | -75.99x | -7.27x |
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 — the current trading name was adopted 2024-09-06
- AVASK GLOBAL COMPLIANCE LTD 2024-09-06 → present
- AVASK ACCOUNTING & BUSINESS CONSULTANTS LTD. 2013-01-21 → 2024-09-06
- AVASK ACCOUNTING & RECRUITMENT SERVICES LTD 2012-12-18 → 2013-01-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this, the directors have a reasonable expectation that the group will remain sufficiently profitable to enable the generation of liquid resources to continue in operational existence and to meet obligations as they fall due for the foreseeable future. Hence, the financial statements have been prepared on the going concern basis.”
Group structure
- AVASK GLOBAL COMPLIANCE LTD · parent
- AVASK Software Services Limited 100%
- AVASK IT Services Limited 100%
- AVASK Tax Hangzhou 100%
- AVASK Tax Shanghai Co., Ltd. 80%
- KATA Global Logistics Ltd 100%
- AVASK Global Compliance Limited 100%
- AVASK Accounting and Tax Consultants Inc 70%
- AVASK Deutschland GmbH 75%
- AVASK Global Compliance SL 100%
- AVASK Global Compliance BV 100%
- Kata Global Logistics BV 100%
- AVASK Global Compliance Sp Zoo 100%
- AVASK Global Compliance SAS
- AVASK Hong Kong
- Kata Global Logisitics Ltd
- AVASK Global Compliance SRO
Significant events
- “The year 2024 was a period of stabilisation and strategic positioning for the Group. The Group successfully integrated its European offices and partners, creating a more unified operating structure.”
- “The Group invested a substantial proportion of its 2024 budget into Software-as-a-Service ("SaaS") development to enhance client experience, automation, and scalability.”
- “On 10 December 2024, the company completed the disposal of its accounting service line as part of a strategic business decision undertaken during the financial year.”
- “On 28 December 2024, AVASK increased their shareholding in their 51% owned subsidiary, AVASK Deutschland GmbH, to 75% reducing the non-controlling interest to 25%.”
- “On 30 June 2025, AVASK further increased their shareholding both AVASK Deutschland GmbH and ATG Tax Global SAS to full ownership.”
- “On 1 July 2025, Angelos Katsaris acquired 100% of the share capital of Kata Global Logistics Limited, which ceased to be a 100% owned subsidiary of the AVASK Global Compliance Group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KATSARIS, Angelos | Secretary | 2012-12-18 | — | — |
| KATSARIS, Angelos, Dr | Director | 2014-04-01 | Nov 1983 | Greek |
| KATSARIS, Melanie Vuyisile | Director | 2012-12-18 | Sep 1977 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Blue Nile Holdings Ltd | Corporate entity | Shares 25–50%, Voting 25–50% | 2022-08-16 | Active |
| Mrs Melanie Vuyisile Katsaris | Individual | Shares 25–50%, Voting 25–50% | 2020-11-03 | Active |
| Dr Angelos Katsaris | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 63 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-06 MA Memorandum articles
- 2026-01-30 RESOLUTIONS Resolution
- 2024-09-06 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-16 | SH01 | capital | Capital allotment shares | |
| 2026-02-14 | SH02 | capital | Capital alter shares subdivision | |
| 2026-02-14 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-02-06 | MA | incorporation | Memorandum articles | |
| 2026-01-30 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-04 | AA | accounts | Accounts with accounts type group | |
| 2025-08-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-19 | AA | accounts | Accounts with accounts type group | |
| 2024-12-18 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-17 | CH01 | officers | Change person director company with change date | |
| 2024-12-17 | CH01 | officers | Change person director company with change date | |
| 2024-12-17 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-06 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-06-15 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-13 | CH01 | officers | Change person director company with change date | |
| 2023-10-27 | AA | accounts | Accounts with accounts type group | |
| 2023-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 3
- 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.