AIR COMPRESSORS & TOOLS LTD
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Cash
—
Latest balance sheet
Net assets
£14m
+5.4% highest in 5 filed years
Employees
143
+14.4% highest in 5 filed years
Profit before tax
£929k
+67.1% highest in 5 filed years
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £19,376,000 | £19,769,000 | £24,813,000 | £26,107,000 | £27,385,000 | +4.9% | |
| Operating profit | £896,000 | £758,000 | £794,000 | £720,000 | £1,111,000 | +54.3% | |
| Profit before tax | £879,000 | £729,000 | £718,000 | £556,000 | £929,000 | +67.1% | |
| Net profit | £725,000 | £581,000 | £508,000 | £395,000 | £714,000 | +80.8% | |
| Cash | — | — | — | — | — | — | |
| Total assets less current liabilities | £12,094,000 | £13,243,000 | £13,999,000 | £14,251,000 | £15,273,000 | +7.2% | |
| Net assets | £11,627,000 | £12,208,000 | £12,716,000 | £13,111,000 | £13,825,000 | +5.4% | |
| Equity | £11,627,000 | £12,208,000 | £12,716,000 | £13,111,000 | £13,825,000 | +5.4% | |
| Average employees | 61 | 85 | 105 | 125 | 143 | +14.4% | |
| Wages | £3,168,000 | £4,502,000 | £5,282,000 | £6,253,000 | £7,606,000 | +21.6% | |
| Directors' remuneration | £214,000 | £251,000 | £355,000 | £400,000 | £397,000 | -0.8% | |
| Directors' pension contributions | — | — | £17,000 | £18,000 | £19,000 | +5.6% | |
| Highest paid director | — | — | £213,000 | £254,000 | £252,000 | -0.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | 4.6% | 3.8% | 3.2% | 2.8% | 4.1% | |
| Net margin | 3.7% | 2.9% | 2.0% | 1.5% | 2.6% | |
| Return on capital employed | 7.4% | 5.7% | 5.7% | 5.1% | 7.3% | |
| Gearing (liabilities / total assets) | 20.4% | 25.9% | 34.5% | 32.6% | 37.2% | |
| Current ratio | — | — | 3.21x | 3.37x | 2.94x | |
| Interest cover | 52.71x | 26.14x | 10.18x | 4.36x | 6.04x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- AIR COMPRESSORS & TOOLS LTD 2010-12-23 → present
- DESOUTTER LIMITED 1978-12-31 → 2010-12-23
- DESOUTTER BROTHERS,LIMITED 1920-02-18 → 1978-12-31
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Langtons Professional Services Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In turn, the company has received assurances, in the form of a letter of support, that Atlas Copco Airpower NV will continue to provide sufficient cash resources as required to enable the company to meet its liabilities as they fall due for the period to 30 September 2027.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MULCRONE, Bryony | Secretary | 2025-09-10 | — | — |
| BARDSLEY, Andrew David | Director | 2022-10-01 | Apr 1972 | British |
| SAHIN KOCAS, Handan | Director | 2026-03-16 | Jul 1973 | Turkish |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEST, Nigel | Secretary | 2025-02-05 | 2025-09-10 |
| BROMAGE, Richard Malcolm | Secretary | — | 1991-06-28 |
| DANIELS, Andrea | Secretary | 2018-08-20 | 2025-02-05 |
| EKBERG, Karl Gustaf | Secretary | 1996-11-14 | 1999-02-11 |
| JOHANSSON, Ulf Einar | Secretary | 2006-09-01 | 2009-04-06 |
| SNELGROVE, Eileen | Secretary | 1999-02-11 | 2006-08-31 |
| SODERGRAN, Lars Gunnar | Secretary | — | 1996-11-14 |
| WHITE, Jane Susan | Secretary | 2009-04-06 | 2018-06-20 |
| GOODWILLE LIMITED | Corporate Secretary | 2010-03-05 | 2012-05-09 |
| ANTIER, Yves | Director | 1999-07-21 | 2002-04-17 |
| BARTHEL, Otto | Director | — | 1993-05-15 |
| BONGAERTS, Alex Christiaan Jan | Director | 2008-12-01 | 2026-03-31 |
| BROMAGE, Richard Malcolm | Director | — | 1991-06-28 |
| DAHLGREN, Mats Thomas | Director | 2003-12-01 | 2006-08-31 |
| DAVIES, John Howard | Director | — | 1993-05-15 |
| DEMAO, Jack Steven | Director | 1996-04-22 | 2000-12-31 |
| EKBERG, Karl Gustaf | Director | 1996-11-14 | 2006-05-01 |
| EMBLEY, David Alan | Director | 2009-08-25 | 2014-10-01 |
| FAIREST, Sean | Director | 2015-08-25 | 2018-07-01 |
| FERNELL, Erik Anders | Director | 2006-05-01 | 2009-04-06 |
| FOLLENS, Geert Henri | Director | 2017-05-17 | 2019-05-13 |
| HORT, John Ernest | Director | 1999-07-21 | 2003-09-11 |
| JARVIS, Paul James Christopher | Director | — | 1996-01-22 |
| LIVIJN, Jeanette | Director | 2010-12-20 | 2015-01-01 |
| O'NEILL, Paul | Director | 2014-10-01 | 2015-02-20 |
| PAPROCKI, Norbert Charles | Director | 2009-01-01 | 2010-11-29 |
| PERNING, Per Anders | Director | 2002-06-14 | 2003-04-30 |
| POOLE, Nicholas | Director | 2010-12-20 | 2011-06-06 |
| SHARP, Clive | Director | 2020-05-15 | 2022-09-06 |
| SMITH, Nigel | Director | 2018-07-01 | 2020-05-15 |
| SNELGROVE, Eileen | Director | 2003-09-11 | 2007-10-31 |
| SODERGRAN, Lars Gunnar | Director | — | 1996-11-14 |
| SODERSTROM, Tor Hakan | Director | 2006-05-01 | 2009-01-31 |
| TAYLOR, Mark Philip | Director | 2019-05-13 | 2025-12-31 |
| WALKER, Andrew | Director | 2015-01-01 | 2017-05-17 |
| WISH, Dominic Charles David | Director | 1996-01-22 | 1996-04-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Atlas Copco Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 191 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-09-16 | CH01 | officers | Change person director company with change date | |
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-09-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-09-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-05 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-02-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-02-07 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-16 | AA | accounts | Accounts with accounts type full | |
| 2022-11-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-29 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-29 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-05 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.