Avid Technology Limited
Registered name: AVID TECHNOLOGY LIMITED
Part of Turntide Technologies Inc groupAvid Technology Limited does not publish its revenue or profit. Its accounts to 31 Dec 2024 show net assets of -£9.5m and 43 employees.
Avid Technology Limited did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Dec 2024 showed net assets of −£9.5m and 43 employees. The company is classified under “manufacture of other transport equipment” and is based in Gateshead; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Gateshead, North East
- Age
- 22 yrs · since 2003
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company's parent undertaking is Avid Technology Group Limited, a company incorporated in England and Wales.”
Key figures
Revenue not disclosed
Avid Technology Limited’s accounts for the year to 31 Dec 2024 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 43
- Net assets
- −£9.5m
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | No P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Profit (best available) | — | — | — | — |
| Employees (average) | 70 | 56 | 48 | 43 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Growth (year on year) | ||||
| Headcount growth | — | — | ▼14.3% | ▼10.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £234k | £224k | £299k | £129k |
| Net assets | −£381k | −£4.1m | −£6.5m | −£9.5m |
| Fixed assets | £1.3m | £1.3m | £1.2m | £1.3m |
| Current assets | £3.4m | £3.5m | £3.2m | £3.2m |
| Debtors | £690k | £1.1m | £692k | £1.1m |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Dec 2025 |
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
- —
- Now −£9.5m
- Cash at bank
- ▼57%
- Now £129k
- Headcount
- ▼10%
- Now 43
- Deferred income
- —
- Now —
- Fixed assets
- ▲10%
- Now £1.3m
Group structure
Ownership chain
- Turntide Technologies Inc (registered outside the UK register)ultimate parent75–100%
- Turntide Transport Limited75–100%
- Avid Technology Group Limited75–100%
- Avid Technology Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Aerial Exposure LtdRichmond · Manufacture of other transport equipment n.e.c.
- Revenue
- £73.5m
- Profit
- £30m
- Staff
- 13
- Quartix Technologies PLCCambridge · Manufacture of other transport equipment n.e.c.
- Revenue
- £35.7m
- Profit
- £6.4m
- Staff
- 178
- Dhollandia U.K. LimitedHuntingdon · Manufacture of other transport equipment n.e.c.
- Revenue
- £52.5m
- Profit
- £5.3m
- Staff
- 42
- Rhino Products LimitedEllesmere Port · Manufacture of other transport equipment n.e.c.
- Revenue
- £22.8m
- Profit
- £4.7m
- Staff
- 106
- Al-Ko Kober LimitedSoutham · Manufacture of other transport equipment n.e.c.
- Revenue
- £60.7m
- Profit
- £4.2m
- Staff
- 131
- Scorpion Automotive LimitedBolton · Manufacture of other transport equipment n.e.c.
- Revenue
- £20.3m
- Profit
- £3.1m
- Staff
- 144
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024, from the Companies House accounts bulk data published Dec 2025. 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.