Avantis Hardware Ltd
Registered name: AVANTIS HARDWARE LTD
Avantis Hardware Ltd made £13m revenue and £1.4m profit in the year to 30 Sep 2025.
Avantis Hardware Ltd’s revenue grew 21% to £13m in the year to 30 Sep 2025, with £1.4m profit and 18 employees. The company is classified under “manufacture of locks and hinges” and is based in Rugeley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Rugeley, West Midlands
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £10.7m | £13m |
| Cost of sales | — | — | £7.7m | £9.3m |
| Gross profit | — | — | £2.9m | £3.7m |
| Operating profit | — | — | £1.3m | £2m |
| Profit before tax | — | — | £1.2m | £1.8m |
| Profit after tax | — | — | £1.1m | £1.4m |
| Profit (best available) | — | — | £1.1m | £1.4m |
| Staff costs | — | — | £796k | £876k |
| Employees (average) | 16 | 18 | 18 | 18 |
| Ratios | ||||
| Profit margin | — | — | 10.2% | 10.4% |
| Gross margin | — | — | 27.4% | 28.3% |
| Revenue per employee | — | — | £593k | £720k |
| Profit per employee | — | — | £60.2k | £75k |
| Cash conversion | — | — | 32.1% | 17.6% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲21.4% |
| Profit growth | — | — | — | ▲24.7% |
| Headcount growth | — | ▲12.5% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £738k | £541k | £458k | £163k |
| Net assets | £1.1m | £1.9m | £3.1m | £4.3m |
| Fixed assets | £483k | £802k | £869k | £896k |
| Current assets | £4.9m | £6.3m | £8.4m | £8.4m |
| Debtors | £1.6m | £2.2m | £2.4m | £2.9m |
| Deferred income | — | — | £172k | £80.5k |
| Cash from operations | — | — | £423k | £345k |
| Source | Accounts · bulk data Jun 2024 | Accounts · bulk data Jun 2024 | AbridgedAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 10.4%
- Profit ÷ revenue.
- Gross margin
- 28.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £720k
- Revenue ÷ average employees.
- Profit per employee
- £75k
- Profit ÷ average employees.
- Cash conversion
- 17.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.2%
- Money owed by customers. Low = customers pay quickly.
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
- ▲38%
- Now £4.3m
- Cash at bank
- ▼64%
- Now £163k
- Headcount
- 0%
- Now 18
- Deferred income
- ▼53%
- Now £80.5k
- Fixed assets
- ▲3%
- Now £896k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (2)
- Avantech Group LimitedFigures not disclosed
- Kubu Smart Home LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Henry Squire & Sons LimitedWalsall · Manufacture of locks and hinges
- Revenue
- £11.2m
- Profit
- £500k
- Staff
- 49
- A.perry LtdWest Midlands · Manufacture of locks and hinges
- Revenue
- £16.2m
- Profit
- £367k
- Staff
- 61
- Cotswold Architectural Products LimitedCheltenham · Manufacture of locks and hinges
- Revenue
- £9m
- Profit
- £1m
- Staff
- 15
- Brisant Secure LtdDewsbury · Manufacture of locks and hinges
- Revenue
- £22.1m
- Profit
- £2.1m
- Staff
- 71
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £1.4m), from the Companies House accounts bulk data published Jun 2026. 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.