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Avid Technology Limited

Avid Technology Limited is an active company incorporated on 28 November 2003 with the registered office located in Gateshead, Tyne and Wear. Avid Technology Limited was registered 21 years ago.
Status
Active
Active since incorporation
Company No
04978723
Private limited company
Age
21 years
Incorporated 28 November 2003
Size
Micro
Turnover is under £1M
Balance sheet is under £500,000
Confirmation
Submitted
Dated 30 November 2024 (10 months ago)
Next confirmation dated 30 November 2025
Due by 14 December 2025 (2 months remaining)
Last change occurred 8 years ago
Accounts
Submitted
For period 1 Jan31 Dec 2023 (12 months)
Accounts type is Small
Next accounts for period 31 December 2024
Due by 31 December 2025 (3 months remaining)
Address
Turntide Drives Eighth Avenue
Team Valley Trading Estate
Gateshead
NE11 0QA
United Kingdom
Same address for the past 4 years
Telephone
01670707040
Email
Available in Endole App
Website
People
Officers
3
Shareholders
1
Controllers (PSC)
1
Director • Chief Executive • American • Lives in United States • Born in Nov 1965
Director • British • Lives in England • Born in Nov 1977
Director • American • Lives in United States • Born in Dec 1971
Avid Technology Group Limited
PSC
Shareholders, PSCs & Group Structure
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Mutual Companies
Avid Technology Group Limited
Michael Salim Karim, Mr Mark Cox, and 1 more are mutual people.
Active
Hyperdrive Innovation Ltd
Michael Salim Karim, Mr Mark Cox, and 1 more are mutual people.
Active
Hyperdrive Innovation Holdings Limited
Michael Salim Karim, Mr Mark Cox, and 1 more are mutual people.
Active
Collingwood Solutions Limited
Michael Salim Karim, Mr Mark Cox, and 1 more are mutual people.
Active
Turntide Drives Limited
Michael Salim Karim, Mr Mark Cox, and 1 more are mutual people.
Active
Turntide Transport Limited
Mr Mark Cox, Mr Steven Mark Hornyak, and 1 more are mutual people.
Active
Hyperdrive Technologies Ltd
Michael Salim Karim, Mr Mark Cox, and 1 more are mutual people.
Dissolved
Financials
Net Assets, Total Assets & Total Liabilities (2015–2023)
Period Ended
31 Dec 2023
For period 31 Dec31 Dec 2023
Traded for 12 months
Cash in Bank
£299K
Increased by £75K (+33%)
Turnover
Unreported
Same as previous period
Employees
48
Decreased by 8 (-14%)
Total Assets
£4.45M
Decreased by £328K (-7%)
Total Liabilities
-£10.96M
Increased by £2.09M (+24%)
Net Assets
-£6.51M
Decreased by £2.42M (+59%)
Debt Ratio (%)
246%
Increased by 60.76% (+33%)
Latest Activity
Small Accounts Submitted
8 Months Ago on 29 Jan 2025
Confirmation Submitted
9 Months Ago on 13 Dec 2024
Michael Salim Karim Resigned
1 Year Ago on 30 Aug 2024
Mr. Steven Mark Hornyak Appointed
1 Year 3 Months Ago on 11 Jun 2024
Small Accounts Submitted
1 Year 5 Months Ago on 2 Apr 2024
Christopher Roy Pennison Resigned
1 Year 9 Months Ago on 31 Dec 2023
Confirmation Submitted
1 Year 9 Months Ago on 13 Dec 2023
Ryan Jeffrey Morris Resigned
1 Year 11 Months Ago on 8 Oct 2023
Small Accounts Submitted
2 Years 4 Months Ago on 19 May 2023
Confirmation Submitted
2 Years 10 Months Ago on 30 Nov 2022
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Documents
Particulars of variation of rights attached to shares
Submitted on 31 Mar 2025
Change of share class name or designation
Submitted on 31 Mar 2025
Memorandum and Articles of Association
Submitted on 31 Mar 2025
Resolutions
Submitted on 31 Mar 2025
Accounts for a small company made up to 31 December 2023
Submitted on 29 Jan 2025
Confirmation statement made on 30 November 2024 with no updates
Submitted on 13 Dec 2024
Termination of appointment of Michael Salim Karim as a director on 30 August 2024
Submitted on 30 Aug 2024
Appointment of Mr. Steven Mark Hornyak as a director on 11 June 2024
Submitted on 14 Jun 2024
Accounts for a small company made up to 31 December 2022
Submitted on 2 Apr 2024
Termination of appointment of Christopher Roy Pennison as a director on 31 December 2023
Submitted on 2 Jan 2024
Repayment History
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