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Next accounts due

2026-03-31

Overdue

Confirmation statement due

2026-09-12 (in 4mo)

Last made up 2025-08-29

Watchouts

2 items

Cash

USD 3,540,637

USD 4,736,310

Latest balance sheet

Net assets

USD 9,027,358

USD 12,075,897

Equity attributable

Employees

46

Average over period

Profit before tax

USD 7,589,837

USD 10,152,925

Period ending 2024-03-31

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2024-03-31

Metric Trend 2023-03-312024-03-31
Turnover USD 20,251,100USD 56,968,660
Operating profit USD 3,075,956USD 7,761,845
Profit before tax USD 2,972,036USD 7,589,837
Net profit USD 2,435,092USD 5,679,236
Cash USD 697,820USD 3,540,637
Total assets less current liabilities USD 5,675,387USD 11,065,817
Net assets USD 3,348,122USD 9,027,358
Equity USD 3,348,122USD 9,027,358
Average employees 3846
Wages USD 1,062,433USD 3,187,183
Directors' remuneration USD 144,673USD 455,293

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

Year-on-year comparison hidden: this filing covers about 12 months versus 7 months prior.

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-03-312024-03-31
Operating margin 15.2%13.6%
Net margin 12.0%10.0%
Return on capital employed 54.2%70.1%
Gearing (liabilities / total assets) 70.4%54.0%
Current ratio 1.84x2.01x
Interest cover 29.60x44.90x

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
Reporting scope
Consolidated group
Auditor
BPU Limited
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 group's and the parent 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.”

Group structure

  1. AVANTIS GROUP INVESTMENTS HOLDCO LTD · parent
    1. Avantis Holdco Limited 100% · UK · Holding company
    2. Avantis Marine Limited 100% · UK · Projects in the shipping, oil and gas sectors
    3. Avantis LCAM Limited 100% · UK · Projects in the shipping, oil and gas sectors
    4. BDCS Group Limited 100% · UK · Projects in the shipping, oil and gas sectors
    5. Avantis Brazil Ltda 100% · Brazil · Projects in the shipping, oil and gas sectors
    6. Avantis Marine Pte. Ltd 100% · Singapore · Projects in the shipping, oil and gas sectors
    7. Avantis North America Inc 100% · Canada · Projects in the shipping, oil and gas sectors
    8. Avantis Marine Middle East - Sole Proprietorship L.L.C. 100% · UAE · Projects in the shipping, oil and gas sectors
    9. Avantis Holdco Inc 100% · Republic of Marshall Islands · Dormant company

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 0 resigned

Name Role Appointed Born Nationality
DAVID, Christopher Mark Director 2022-10-19 Sep 1967 British
DAVID, Thomas William Allan Director 2022-08-30 Dec 1992 British
JENKINS, Jack Director 2022-10-19 Jun 1987 British
SOLDER, Leon Matthew Director 2022-10-19 Oct 1977 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Avantis Group Topco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-10-29 Active
Management Succession (Wales) Limited Partnership Corporate entity Shares 25–50%, Voting 25–50% 2022-10-19 Ceased 2024-10-29
Mrs Alexandra David Individual Shares 25–50%, Voting 25–50% 2022-10-19 Ceased 2024-10-29
Mr Thomas William Allan David Individual Shares 75–100%, Voting 75–100%, Appoints directors 2022-08-30 Ceased 2022-10-19

Filing timeline

Last 20 of 26 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
2025-09-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-26 AD01 address Change registered office address company with date old address new address PDF
2024-12-20 AA accounts Accounts with accounts type group PDF
2024-11-01 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2024-11-01 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-11-01 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-09-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-19 AA accounts Accounts with accounts type group PDF
2023-12-19 AA01 accounts Change account reference date company previous shortened PDF
2023-08-31 CS01 confirmation-statement Confirmation statement with updates PDF
2022-10-28 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-10-24 SH01 capital Capital allotment shares PDF
2022-10-24 MA incorporation Memorandum articles
2022-10-24 RESOLUTIONS resolution Resolution
2022-10-21 SH01 capital Capital allotment shares PDF
2022-10-21 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2022-10-21 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2022-10-21 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-10-21 SH08 capital Capital name of class of shares
2022-10-21 SH02 capital Capital alter shares subdivision

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
1

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page