−£9.54m
vs Dec 2023Active04978723Private limited companyGateshead
AVID TECHNOLOGY LIMITED
E21/10001
Summary
AVID TECHNOLOGY LIMITED is an active private limited company (company number 04978723) incorporated on 28 November 2003, registered in Gateshead. Its registered activity is manufacture of other transport equipment n.e.c. (SIC 30990). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£9.54m and cash of £129k, with 43 employees on average. Net assets fell 46% on the prior period (−£6.51m).
Peer position · net assets
By net assets it sits in the bottom quarter of 567 comparable companies in the UK (median £12k, upper quartile £179k).
02
Key dates
- Incorporated
- 28 November 200322 yrs ago
- Next accounts due
- 30 September 202622 days overdue
- Confirmation statement due
- 12 December 2026in 51 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 30990
- Manufacture of other transport equipment n.e.c.
- Accounts type
- Small
- Size band
- MicroCompanies Act thresholds
04
Financials
£129k
−57%vs Dec 2023Not reported
43
−10%vs Dec 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | −£9.54m | £129k | £2.11m | £14.06m | — | — | 43 |
| 31 December 2023 | −£6.51m | £299k | £1.76m | £10.94m | — | — | 48 |
Current ratio0.23Current liabilities exceed current assets
Cash per employee£3,000Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
21 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-9,535,897 at 2024-12-31 |
| −8 | Net assets falling-46.4% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.23 |
| +4 | Cash reservesCash £128,985 |
| +8 | EstablishedIncorporated 2003-11-28 (23 years) |
| −10 | Accounts overdueDue 2026-09-30 |
| 21 | Score, grade E |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Avid Technology Group Limited
- owns 75–100% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 51 days
- Next accounts due22 days overdue
- Accounts period endNet liabilities £9.54m · small accounts
- Accounts period endNet liabilities £6.51m · small accounts
- Incorporated
08
Similar companies in Newcastle
- CARPET TRACK LIMITEDNewcastle · inc. Sept 2003
- FG TRAILERS LIMITEDJarrow · inc. Nov 2004
- REACTIONLESS DRIVE LIMITEDMorpeth · inc. Sept 2005
- G BAINES HORSEBOXES LIMITEDChester Le Street · inc. Sept 2006
- GEOFF BAINES LIMITEDSouth Hetton · inc. Dec 1999
- CLASSIC SOLUTIONS ENGINEERING LIMITEDDurham · inc. Mar 2008
All companies incorporated on 28 November 2003 · in Nov 2003.
09
Reminders for AVID TECHNOLOGY LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.