How much does Avk UK Limited make?

Avk UK Limited reported revenue of £44.9m and £882k profit in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Avk UK Limited have?

Avk UK Limited reported an average of 65 employees in the year to 30 Sep 2023.

Is Avk UK Limited profitable?

Yes — Avk UK Limited reported a profit of £882k in the year to 30 Sep 2023.

Company No. 01838290 · Incorporated 3 Aug 1984

Avk UK Limited

Registered name: AVK UK LIMITED

Avk UK Limited made £44.9m revenue and £882k profit in the year to 30 Sep 2023.

Avk UK Limited’s revenue grew 22% to £44.9m in the year to 30 Sep 2023, with £882k profit and 65 employees. The company is classified under “manufacture of basic iron and steel and of ferro-alloys” and is based in Chesterfield; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 24100Manufacture of basic iron and steel and of ferro-alloys SIC 32990Other manufacturing n.e.c.

Status: Active
Location: Chesterfield, Yorkshire and The Humber
Age: 42 yrs · since 1984
Type: Private Limited Company

Latest accounts · year to 30 Sep 2023

Key figures

IndependentCapital-lightDoing more with less

Revenue

£44.9m

Growth ▲22.1%

Profit

£882k

Growth —

Profit margin

Gross 17.7%

Employees

Change ▼3%

Profit / employee

£13.6k

Revenue/employee £690k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£36.7m	£44.9m
Cost of sales	£31.3m	£36.9m
Gross profit	£5.4m	£8m
Operating profit	−£446k	£1.3m
Profit before tax	−£527k	£1.2m
Profit after tax	−£398k	£882k
Profit (best available)	−£398k	£882k
Staff costs	£4.3m	£4.6m
Employees (average)	67	65
Ratios
Profit margin	−1.1%	2%
Gross margin	14.7%	17.7%
Revenue per employee	£548k	£690k
Profit per employee	−£5.9k	£13.6k
Growth (year on year)
Revenue growth	—	▲22.1%
Headcount growth	—	▼3%
Balance sheet — indirect signals, not revenue
Cash at bank	£993	£258k
Net assets	£2.7m	£3.6m
Fixed assets	£598k	£683k
Current assets	£13.9m	£14.1m
Debtors	£6.6m	£7.4m
Deferred income	−£300k	£0
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: 2%; Profit ÷ revenue.
Gross margin: 17.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £690k; Revenue ÷ average employees.
Profit per employee: £13.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲32%; Now £3.6m
Cash at bank: ▲25834%; Now £258k
Headcount: ▼3%; Now 65
Deferred income: —; Now £0
Fixed assets: ▲14%; Now £683k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2023 (profit £882k), from the Companies House accounts bulk data published Jun 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.