ASTEELFLASH (BEDFORD) LIMITED
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Cash
£3.1M
+51.2% vs 2023
Net assets
£4.2M
+23.2% vs 2023
Employees
116
+1.8% vs 2023
Profit before tax
£1.1M
-24.8% vs 2023
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £21,924,409 | £17,549,224 | -20% | |
| Operating profit | £1,663,458 | £1,307,484 | -21.4% | |
| Profit before tax | £1,435,523 | £1,079,182 | -24.8% | |
| Net profit | £1,091,728 | £796,583 | -27% | |
| Cash | £2,055,209 | £3,107,958 | +51.2% | |
| Total assets less current liabilities | £7,796,480 | £8,170,139 | +4.8% | |
| Net assets | £3,427,018 | £4,223,601 | +23.2% | |
| Equity | £3,427,018 | £4,223,601 | +23.2% | |
| Average employees | 114 | 116 | +1.8% | |
| Wages | £4,277,494 | £3,505,201 | -18.1% | |
| Directors' remuneration | £103,272 | £112,508 | +8.9% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 7.6% | 7.5% | |
| Net margin | 5.0% | 4.5% | |
| Return on capital employed | 21.3% | 16.0% | |
| Gearing (liabilities / total assets) | 80.9% | 69.5% | |
| Current ratio | 2.17x | 2.41x | |
| Interest cover | 6.46x | 5.46x |
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
- ASTEELFLASH (BEDFORD) LIMITED 2008-06-06 → present
- ASTEELFLASH (BEDFORD) PLC 2008-06-06 → 2008-06-06
- MRP ELECTRONICS PLC 1987-05-06 → 2008-06-06
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- ZMS Solutions Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe the Company is well placed to manage its business risks successfully, supported by the Group's considerable financial resources, established products, and customer base. After reviewing forecasts, the directors expect the Company has adequate resources to continue in operational existence for the foreseeable future and adopt the going concern basis.”
Significant events
- “Successfully re-certified ISO9001 and AS9100 quality accreditations in H1 2024.”
- “Transitioned IATF 16949 certification to a new body with successful re-certification.”
- “Successfully re-certified ISO14001 and ISO45001 environmental and health & safety standards.”
- “Successfully renewed Cyber Essentials certification for cybersecurity.”
- “Customer demand declined in Q3 and Q4 2024 following consistent H1.”
- “Bedford production sales declined compared to 2023, with this trend expected to continue into 2025.”
- “Invested in production capabilities including two additional Fuji SMT modules, new buffer conveyors, a PCB separator, and a fully automated goods-in table.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUSS, Andrew Edward | Director | 2022-07-20 | Oct 1966 | British |
| DENIS, Nicolas Philippe Charles | Director | 2023-12-12 | May 1971 | French |
| TIMMERMANN, Felix | Director | 2020-01-21 | Oct 1977 | German |
| WU, Xinyu | Director | 2023-12-12 | Sep 1967 | Canadian |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PERRY, Sandra Daphne | Secretary | 1996-02-05 | 2008-12-15 |
| PERRY, Stephen William | Secretary | — | 1996-02-05 |
| BAUMIER, Vincent Edouard Paul | Director | 2008-11-01 | 2009-06-24 |
| BEASTALL, Paul Warren | Director | 2002-04-01 | 2008-01-24 |
| BENHAMOU, Gilles | Director | 2020-01-21 | 2023-12-01 |
| BENHAMOU, Gilles | Director | 2008-01-24 | 2008-07-24 |
| FAIRHEAD, Nicholas Edwin | Director | 2002-01-02 | 2008-01-24 |
| GARIC, George | Director | 2008-07-24 | 2008-11-01 |
| LEE, Jeh-Chang | Director | 2020-12-09 | 2023-12-01 |
| MINCHER, Neil Stuart | Director | 2008-11-01 | 2022-07-20 |
| PERRY, Michael Richard | Director | — | 2008-11-01 |
| PERRY, Stephen William | Director | 1996-02-05 | 2001-09-30 |
| ROBERTS, Andrew | Director | 1996-10-01 | 2008-01-24 |
| WATSON, Mark Rowland | Director | 2007-01-08 | 2007-12-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Neil Stuart Mincher | Individual | Voting 75–100% | 2016-10-01 | Ceased 2016-10-01 |
Filing timeline
Last 20 of 174 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-17 | AA | accounts | Accounts with accounts type full | |
| 2025-02-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-25 | AA | accounts | Accounts with accounts type full | |
| 2024-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-27 | AA | accounts | Accounts with accounts type full | |
| 2023-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-20 | AA | accounts | Accounts with accounts type full | |
| 2022-07-29 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-29 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-07 | CH01 | officers | Change person director company with change date | |
| 2022-02-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-15 | AA | accounts | Accounts with accounts type audit exemption subsiduary | |
| 2021-09-15 | PARENT_ACC | accounts | Legacy | |
| 2021-09-15 | AGREEMENT2 | other | Legacy | |
| 2021-09-15 | GUARANTEE2 | other | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.