Avid Technology Group Limited
Registered name: AVID TECHNOLOGY GROUP LIMITED
Part of Turntide Technologies Inc groupAvid Technology Group Limited does not publish its revenue or profit. Its accounts to 31 Dec 2024 show net assets of £14.9m and 2 employees.
Avid Technology Group 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 £14.9m and 2 employees. The company is classified under “activities of other holding companies” and is based in Gateshead; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Gateshead, North East
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 ultimate UK parent undertaking is Turntide Transport Limited, a company incorporated in England and Wales and its registered office is Turntide Drives Eighth Avenue, Team Valley Trading ”
Key figures
Revenue not disclosed
Avid Technology Group 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
- 2
- Net assets
- £14.9m
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) | 4 | 4 | 3 | 2 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Growth (year on year) | ||||
| Headcount growth | — | — | ▼25% | ▼33.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £14.9m | £14.9m | £14.9m | £14.9m |
| 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
- 0%
- Now £14.9m
- Cash at bank
- —
- Now —
- Headcount
- ▼33%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Turntide Technologies Inc (registered outside the UK register)ultimate parent75–100%
- Turntide Transport Limited75–100%
- Avid Technology Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Avid Technology LimitedFigures not disclosed
Sister companies (2)
- Collingwood Solutions LimitedFigures not disclosed
- Hyperdrive Innovation Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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.