Avid Technology Limited

Active04978723 Private limited company
Incorporated
28 November 2003 (22 years)
Previously known as
Comesys Europe Limited (until 29 December 2010)
This list may be incomplete. See all names on Companies House
Industry
Manufacture of electric motors, generators and transformers (27110)
Manufacture of pumps (28131)
Manufacture of non-domestic cooling and ventilation equipment (28250)
Manufacture of other transport equipment n.e.c. (30990)
Accounts type
Small
Region
North East
Address
Turntide Drives Eighth Avenue
Team Valley Trading Estate
Gateshead
NE11 0QA

Filing status

Accounts due
31 December 2026
Last accounts
31 December 2024
Conf. stmt due
23 October 2027
Last conf. stmt
9 October 2026

Charges

Total
12
Outstanding
3
Part satisfied
0
Satisfied
9

Officers 1 active

Officer details are public data from the Companies House register.

Director · Appointed 11 June 2024
American
Born November 1965
Officer history (23 former)
30 June 2026
Resigned Cox, Mark as Director
30 August 2024
Resigned Karim, Michael Salim as Director
11 June 2024
Appointed Hornyak, Steven Mark, Mr. as Director
31 December 2023
Resigned Pennison, Christopher Roy as Director
8 October 2023
Resigned Morris, Ryan Jeffrey as Director
28 October 2022
Appointed Cox, Mark as Director
28 October 2022
Resigned Shakoori, Roya as Director
28 January 2022
Resigned Boyle, Matthew as Director
19 October 2021
Appointed Pennison, Christopher Roy as Director
27 June 2021
Resigned Young, Iain as Director
27 June 2021
Appointed Boyle, Matthew as Director
27 June 2021
Appointed Karim, Michael Salim as Director
27 June 2021
Appointed Shakoori, Roya as Director
27 June 2021
Appointed Morris, Ryan Jeffrey as Director
27 June 2021
Resigned Cook, Graeme as Director
27 June 2021
Resigned Maughan, Ryan Ellis as Director
27 June 2021
Resigned Parker, Christopher Colston as Director
27 June 2021
Resigned Ternent, Keith as Director
21 November 2019
Appointed Parker, Christopher Colston as Director
21 November 2019
Appointed Cook, Graeme as Director
31 May 2019
Resigned Stark, David Alun as Director
2 October 2017
Appointed Ternent, Keith as Director
2 October 2017
Appointed Stark, David Alun as Director
10 September 2017
Resigned Fice, Louise Maria as Director
4 July 2016
Appointed Young, Iain as Director
4 July 2016
Resigned Forrest, Howard, Doctor as Director
4 July 2016
Resigned Fairchild, Richard as Director
1 February 2015
Appointed Fairchild, Richard as Director
1 February 2015
Appointed Fice, Louise Maria as Director
30 September 2014
Resigned Germaney, William as Director
1 July 2013
Appointed Germaney, William as Director
1 May 2013
Resigned Scott, Ronald as Secretary
1 February 2013
Resigned Scott, Ronald as Director
21 December 2010
Resigned Aitchison, Jon Michael as Director
17 December 2009
Resigned Lee, Hyo Moon as Director
1 July 2009
Resigned Hobbs, Jason Lee as Director
13 September 2005
Appointed Forrest, Howard, Doctor as Director
5 July 2005
Appointed Hobbs, Jason Lee as Director
1 December 2004
Appointed Scott, Ronald as Secretary
1 December 2004
Appointed Scott, Ronald as Director
28 November 2004
Resigned Paramount Company Searches Limited as Corporate Nominee Secretary
3 February 2004
Appointed Lee, Hyo Moon as Director
3 February 2004
Appointed Aitchison, Jon Michael as Director
28 November 2003
Appointed Paramount Properties (UK) Limited as Corporate Nominee Director
28 November 2003
Resigned Paramount Properties (UK) Limited as Corporate Nominee Director
28 November 2003
Appointed Paramount Company Searches Limited as Corporate Nominee Secretary
28 November 2003
Appointed Maughan, Ryan Ellis as Director

Ownership 1 active

People and entities with significant control, from the Companies House PSC register

Corporate entity · Notified 6 April 2016
Owns 75–100% of shares
Private Limited Company
Reg. no. 06846533

Group structure 7 companies

Ownership group derived from the Companies House PSC register

Avid Technology Group Limited Owns 75–100% of shares
Avid Technology Limited This company Owns 75–100% of shares
Collingwood Solutions Limited Owns 75–100% of shares
Turntide Drives Limited Owns 75–100% of shares
Hyperdrive Innovation Ltd Owns 75–100% of shares

Financials

Balance sheet as at 31 December 2024 · small accounts

Net Assets
(£9,535,897)
Cash
£128,985
Debt Ratio
310%
Current Ratio
0.2x

Trend

Net Assets
(£10.0M) (£5.0M) £0 £5.0M 2021 2022 2023 2024 £825,272 (£4,092,702) (£6,513,934) (£9,535,897)
Balance sheet detail
20242023202220212021
Fixed Assets£1,337,420£1,210,677£1,293,561£1,226,073£1,386,382
Current Assets£3,195,968£3,235,754£3,481,162£2,245,729
Debtors£2,111,404£1,759,937£1,852,896£1,893,611£1,754,396
Cash£128,985£299,286£224,292£234,224£20,313
Creditors (< 1 year)£14,057,618£10,938,698£8,835,758£2,760,172
Creditors (> 1 year)£11,667£21,667£31,667£46,667
Net Current Assets(£10,861,650)(£7,702,944)(£5,354,596)(£514,443)
Net Assets(£9,535,897)(£6,513,934)(£4,092,702)£825,272
Shareholder Funds(£9,535,897)(£6,513,934)(£4,092,702)£825,272

Filings

Filing history not loaded yet. See it on Companies House

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