AVANTIS MARINE LIMITED
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Next accounts due
2026-03-31
Overdue
Confirmation statement due
2026-08-15 (in 3mo)
Last made up 2025-08-01
Watchouts
Cash
USD 1,110,954
+21.2% highest in 3 filed years
Net assets
USD 12,207,690
+97.6% highest in 3 filed years
Employees
43
+30.3% highest in 3 filed years
Profit before tax
USD 7,829,329
+34% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-03-31.
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-03-31
| Metric | Trend | 2019-12-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|---|---|---|
| Turnover | £1,215,845 | — | — | USD 44,580,826 | USD 65,682,096 | |
| Operating profit | -£229,938 | — | — | USD 5,882,185 | USD 7,859,925 | |
| Profit before tax | -£229,935 | — | — | USD 5,844,244 | USD 7,829,329 | |
| Net profit | -£229,935 | — | — | USD 4,767,063 | USD 6,029,300 | |
| Cash | £440,108 | — | — | USD 916,712 | USD 1,110,954 | |
| Total assets less current liabilities | -£229,925 | — | — | USD 6,450,893 | USD 12,481,610 | |
| Net assets | -£229,925 | — | — | USD 6,178,390 | USD 12,207,690 | |
| Equity | -£229,925 | £875,966 | £1,411,327 | USD 6,178,390 | USD 12,207,690 | |
| Average employees | 40 | — | — | 33 | 43 | |
| Wages | — | — | — | USD 2,740,790 | USD 4,185,908 | |
| Directors' remuneration | — | — | — | USD 307,626 | USD 609,045 |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-03-31 vs 2023-03-31
-
Turnover
+47.3%
USD 44,580,826 USD 65,682,096
highest in 3 filed years
-
Cash
+21.2%
USD 916,712 USD 1,110,954
highest in 3 filed years
-
Net assets
+97.6%
USD 6,178,390 USD 12,207,690
highest in 3 filed years
-
Employees
+30.3%
33 43
highest in 3 filed years
-
Operating profit
+33.6%
USD 5,882,185 USD 7,859,925
highest in 3 filed years
-
Profit before tax
+34%
USD 5,844,244 USD 7,829,329
highest in 3 filed years
-
Wages
+52.7%
USD 2,740,790 USD 4,185,908
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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | -18.9% | — | — | 13.2% | 12.0% | |
| Net margin | -18.9% | — | — | 10.7% | 9.2% | |
| Return on capital employed | 100.0% | — | — | 91.2% | 63.0% | |
| Gearing (liabilities / total assets) | — | — | — | 41.1% | 21.3% | |
| Current ratio | — | — | — | 2.32x | 3.21x | |
| Interest cover | — | — | — | 155.04x | 247.50x |
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
- AVANTIS MARINE LIMITED 2018-08-09 → present
- AVANTIS MARINE LIMITED LIMITED 2018-08-07 → 2018-08-09
- EGCS SOLUTIONS LIMITED 2018-08-02 → 2018-08-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- BPU Limited
- 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 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
- “In Sept 2024 Avantis has also undertaken an independent review and due diligence exercise to ensure that an assessment was made by third party on strengths and opportunities areas for improvement to ensure the management team could take stock after an intense period of growth, and re-baseline strategic plans for the future.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVID, Christoper Mark | Director | 2022-10-19 | Sep 1967 | British |
| DAVID, Thomas William Allan | Director | 2020-01-06 | Dec 1992 | British |
| JENKINS, Jack | Director | 2022-10-19 | Jun 1987 | British |
| SOLDER, Leon Matthew | Director | 2022-10-19 | Oct 1977 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEDNAR, Barry Charles | Director | 2018-08-20 | 2020-07-27 |
| CALDER, David Bonar | Director | 2020-07-27 | 2022-09-06 |
| MACGREGOR, Iain Ross | Director | 2020-07-27 | 2022-10-19 |
| MATHESON, Andrew Campbell | Director | 2020-07-27 | 2022-10-19 |
| MEECH, Robin James | Director | 2018-08-02 | 2018-08-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Avantis Group Investments Holdco Ltd | Corporate entity | Appoints directors | 2020-07-27 | Active |
| Mr Barry Charles Bednar | Individual | Shares 75–100% | 2018-08-02 | Ceased 2020-07-27 |
| Mr Robin James Meech | Individual | Shares 75–100% | 2018-08-02 | Ceased 2018-08-21 |
Filing timeline
Last 20 of 54 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-10-24 MA Memorandum articles
- 2022-10-24 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-03-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-20 | AA | accounts | Accounts with accounts type full | |
| 2024-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-22 | AA | accounts | Accounts with accounts type full | |
| 2023-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-31 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2023-03-30 | AA | accounts | Accounts with accounts type small | |
| 2022-10-24 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2022-10-24 | MA | incorporation | Memorandum articles | |
| 2022-10-24 | RESOLUTIONS | resolution | Resolution | |
| 2022-10-20 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-20 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-20 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-20 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-20 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-10-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
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.