Founded in 2008, Avecto, classified under reg no. 06538381 is an active company. Currently registered at Building One Trident Business Park M22 5XB, Manchester the company has been in the business for 16 years. Its financial year was closed on December 31 and its latest financial statement was filed on Sat, 31st Dec 2022.
The firm has 3 directors, namely Joseph R., Valerie M. and Janine S.. Of them, Janine S. has been with the company the longest, being appointed on 31 July 2018 and Joseph R. has been with the company for the least time - from 1 July 2022. At present there are a few former directors listed by the firm. Similarly, the firm lists a few former secretaries. The full list of both former directors and former secretaries might be found in the table below.
| Office Address | Building One Trident Business Park |
| Office Address2 | Styal Road |
| Town | Manchester |
| Post code | M22 5XB |
| Country of origin | United Kingdom |
| Registration Number | 06538381 |
| Date of Incorporation | Tue, 18th Mar 2008 |
| Industry | Business and domestic software development |
| End of financial Year | 31st December |
| Company age | 16 years old |
| Account next due date | Mon, 30th Sep 2024 (142 days left) |
| Account last made up date | Sat, 31st Dec 2022 |
| Next confirmation statement due date | Wed, 5th Jun 2024 (2024-06-05) |
| Last confirmation statement dated | Mon, 22nd May 2023 |
Position: Director
Appointed: 01 July 2022
Position: Director
Appointed: 07 November 2018
Position: Director
Appointed: 31 July 2018
The register of PSCs that own or have control over the company consists of 1 name. As we found, there is Armour Bidco Limited from Marlow, United Kingdom. This PSC is categorised as "a private limited company", has 75,01-100% voting rights and has 75,01-100% shares. This PSC has 75,01-100% voting rights and has 75,01-100% shares.
Armour Bidco Limited
South Suite, Ground Floor, Lunar House Fieldhouse Lane, Marlow, SL7 1LW, United Kingdom
| Legal authority | Companies Act 2006 |
| Legal form | Private Limited Company |
| Country registered | England And Wales |
| Place registered | Companies House |
| Registration number | 11427572 |
| Notified on | 31 July 2018 |
| Nature of control: |
75,01-100% shares 75,01-100% voting rights right to appoint and remove directors |
| Profit & Loss | |||||
|---|---|---|---|---|---|
| Accounts Information Date | 2018-06-30 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
| Balance Sheet | |||||
| Cash Bank On Hand | 2 458 310 | 391 089 | 90 861 | 812 094 | 393 780 |
| Current Assets | 8 775 355 | 23 417 012 | 29 012 237 | 49 882 056 | 60 052 156 |
| Debtors | 6 317 045 | 23 025 923 | 28 921 376 | 49 069 962 | 59 658 376 |
| Net Assets Liabilities | -3 696 717 | 19 265 617 | 26 122 645 | 29 808 892 | 42 598 803 |
| Other Debtors | 563 624 | 289 009 | 18 180 | 391 043 | 49 162 |
| Property Plant Equipment | 1 732 082 | 1 137 432 | 644 984 | 788 935 | 914 340 |
| Other | |||||
| Audit Fees Expenses | 63 344 | 50 000 | 13 659 | 58 921 | |
| Accrued Liabilities Deferred Income | 7 675 474 | 2 945 758 | 2 628 706 | 2 914 420 | 3 382 800 |
| Accumulated Amortisation Impairment Intangible Assets | 3 218 | 15 576 | 26 976 | 55 542 | |
| Accumulated Depreciation Impairment Property Plant Equipment | 1 551 058 | 2 851 801 | 3 283 896 | 3 663 678 | 4 140 814 |
| Acquired Through Business Combinations Property Plant Equipment | 232 394 | 25 295 | |||
| Additions Other Than Through Business Combinations Intangible Assets | 37 416 | 75 129 | |||
| Additions Other Than Through Business Combinations Property Plant Equipment | 473 699 | 412 091 | 523 733 | 672 589 | |
| Amortisation Expense Intangible Assets | 3 218 | 12 358 | 11 400 | ||
| Amounts Owed By Group Undertakings | 21 769 713 | 27 284 092 | 47 326 098 | 57 377 473 | |
| Amounts Owed To Group Undertakings | 1 347 070 | 4 743 597 | 4 078 385 | 20 680 311 | 17 954 438 |
| Average Number Employees During Period | 153 | 135 | 148 | 177 | 233 |
| Corporation Tax Recoverable | 1 494 101 | 455 725 | 691 029 | 916 613 | 1 179 297 |
| Creditors | 2 755 409 | 1 254 020 | 360 506 | 112 145 | 17 545 |
| Current Tax For Period | -711 828 | -419 889 | -227 031 | -201 710 | 49 910 |
| Deferred Income | 2 755 409 | 1 254 020 | 360 506 | 112 145 | 17 545 |
| Deferred Tax Asset Debtors | 1 402 520 | ||||
| Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period | 20 729 | ||||
| Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences | -1 231 389 | 1 402 520 | -1 536 | ||
| Depreciation Amortisation Impairment Expense | 661 665 | 1 303 961 | 926 796 | 391 182 | 505 701 |
| Depreciation Expense Property Plant Equipment | 661 081 | 1 300 743 | 745 473 | 379 782 | |
| Equity Settled Share-based Payments Increase Decrease In Equity | 1 395 000 | ||||
| Fixed Assets | 1 732 273 | 5 831 529 | 5 326 723 | 5 459 274 | 5 631 242 |
| Further Item Deferred Expense Credit Component Total Deferred Tax Expense | 20 729 | ||||
| Further Item Interest Expense Component Total Interest Expense | 5 208 | ||||
| Further Item Operating Expense Loss Income Statement Item Component Operating Profit Loss | 2 241 395 | 555 646 | |||
| Further Item Tax Increase Decrease Component Adjusting Items | -961 630 | 1 402 520 | 49 350 | 34 120 | -14 545 |
| Future Minimum Lease Payments Under Non-cancellable Operating Leases | 1 447 251 | 1 103 147 | 515 978 | 1 359 872 | 780 711 |
| Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss | -92 146 | -37 165 | 37 925 | -33 915 | 1 807 332 |
| Gain Loss On Disposals Property Plant Equipment | -584 | -168 965 | |||
| Impairment Loss Reversal On Investments | -14 102 849 | ||||
| Increase Decrease In Current Tax From Adjustment For Prior Periods | -16 302 | -12 193 | |||
| Increase From Amortisation Charge For Year Intangible Assets | 3 218 | 12 358 | 11 400 | 28 566 | |
| Increase From Depreciation Charge For Year Property Plant Equipment | 1 300 743 | 745 473 | 379 782 | 499 391 | |
| Intangible Assets | 34 198 | 21 840 | 10 440 | 57 003 | |
| Intangible Assets Gross Cost | 37 416 | 37 416 | 37 416 | 112 545 | |
| Interest Income From Group Undertakings Participating Interests | 921 534 | 737 267 | 451 711 | 1 038 667 | |
| Interest Income On Bank Deposits | 6 766 | 5 481 | |||
| Interest Payable Similar Charges Finance Costs | 5 208 | ||||
| Investments Fixed Assets | 191 | 4 659 899 | 4 659 899 | 4 659 899 | 4 659 899 |
| Investments In Subsidiaries | 191 | 4 659 899 | 4 659 899 | 4 659 899 | 4 659 899 |
| Issue Equity Instruments | 6 275 640 | ||||
| Net Current Assets Liabilities | -2 297 492 | 15 074 875 | 21 549 946 | 24 037 993 | 37 423 036 |
| Net Finance Income Costs | 6 766 | 927 015 | 737 267 | ||
| Number Shares Issued Fully Paid | 989 816 | ||||
| Operating Profit Loss | -4 534 400 | 2 647 597 | 5 638 382 | 2 866 888 | |
| Other Creditors | 494 600 | 9 988 | |||
| Other Disposals Decrease In Depreciation Impairment Property Plant Equipment | 313 378 | 22 255 | |||
| Other Disposals Property Plant Equipment | 497 739 | 70 048 | |||
| Other Interest Receivable Similar Income Finance Income | 6 766 | 927 015 | 737 267 | 451 711 | 1 038 667 |
| Other Operating Expenses Format2 | 4 657 972 | 7 238 415 | 3 248 150 | 3 010 436 | 2 382 296 |
| Other Operating Income Format2 | 2 350 | 348 259 | |||
| Other Provisions Balance Sheet Subtotal | 376 089 | 393 518 | 394 863 | 394 863 | |
| Other Taxation Social Security Payable | 1 219 836 | 455 077 | 583 569 | 965 068 | 1 064 815 |
| Pension Other Post-employment Benefit Costs Other Pension Costs | 277 256 | 457 682 | 351 436 | 449 869 | 683 492 |
| Percentage Class Share Held In Subsidiary | 100 | 100 | 100 | 100 | |
| Prepayments Accrued Income | 511 476 | 479 848 | 436 208 | 670 764 | |
| Profit Loss | -2 596 233 | 16 686 694 | 6 597 288 | 3 520 309 | 13 431 850 |
| Profit Loss On Ordinary Activities Before Tax | -4 527 634 | 17 677 461 | 6 370 441 | 3 417 261 | 13 488 760 |
| Property Plant Equipment Gross Cost | 3 283 140 | 3 989 233 | 3 928 880 | 4 452 613 | 5 055 154 |
| Provisions For Liabilities Balance Sheet Subtotal | 376 089 | 386 767 | 393 518 | ||
| Research Development Expense Recognised In Profit Or Loss | 90 027 | ||||
| Selling Average Number Employees | 135 | ||||
| Share-based Payment Expense Cash Settled | 1 395 000 | 259 740 | 165 938 | ||
| Social Security Costs | 1 370 456 | 1 791 267 | 1 454 384 | 1 824 468 | |
| Staff Costs Employee Benefits Expense | 14 560 385 | 16 739 226 | 13 747 698 | 17 221 967 | 23 511 236 |
| Taxation Including Deferred Taxation Balance Sheet Subtotal | 23 874 | 43 067 | |||
| Tax Decrease From Utilisation Tax Losses | 180 627 | 927 822 | |||
| Tax Decrease Increase From Effect Revenue Exempt From Taxation | 2 245 | ||||
| Tax Expense Credit Applicable Tax Rate | -860 250 | 3 358 718 | 1 210 384 | 630 534 | 2 562 864 |
| Tax Increase Decrease Arising From Group Relief Tax Reconciliation | -351 747 | -699 941 | -1 658 989 | ||
| Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit | -589 160 | -419 889 | -325 339 | -225 584 | |
| Tax Increase Decrease From Effect Capital Allowances Depreciation | -327 548 | -115 774 | -92 661 | -14 858 | |
| Tax Increase Decrease From Effect Different Tax Rates On Some Earnings | 1 020 | ||||
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 812 898 | 368 548 | 210 988 | 8 105 | 24 640 |
| Tax Increase Decrease From Effect Foreign Tax Rates | 11 816 | 8 136 | |||
| Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward | 1 100 568 | ||||
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | -1 931 401 | 990 767 | -226 847 | -201 710 | 56 910 |
| Total Assets Less Current Liabilities | -565 219 | 20 906 404 | 26 876 669 | 30 339 774 | 43 054 278 |
| Total Current Tax Expense Credit | -700 012 | -411 753 | -226 847 | -201 710 | 37 717 |
| Total Deferred Tax Expense Credit | 19 193 | ||||
| Total Operating Lease Payments | 694 982 | 1 403 093 | 820 383 | 773 008 | |
| Trade Creditors Trade Payables | 335 867 | 197 705 | 171 631 | 193 396 | 122 478 |
| Trade Debtors Trade Receivables | 2 856 800 | ||||
| Turnover Revenue | 17 587 017 | 28 484 845 | 23 561 026 | 23 586 785 | |
| Wages Salaries | 12 912 673 | 14 490 277 | 11 941 878 | 14 947 630 | 20 378 647 |
| Company Contributions To Defined Benefit Plans Directors | 5 075 | 5 944 | 6 164 | ||
| Director Remuneration | 100 750 | 182 494 | 167 784 | ||
| Director Remuneration Benefits Including Payments To Third Parties | 105 825 | 188 438 | 173 948 | ||
| Type | Category | Free download | |
|---|---|---|---|
| AA |
Full accounts for the period ending Sat, 31st Dec 2022 filed on: 29th, September 2023 |
accounts | Free Download (31 pages) |
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