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Cash

£3.5M

+115.1% highest in 3 filed years

Net assets

£13M

+28.9% highest in 3 filed years

Employees

87

-2.2% vs 2024

Profit before tax

£2.6M

+15.4% highest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £13,830,444£14,403,142£15,695,914 +9%
Operating profit £1,592,270£2,311,245£2,673,178 +15.7%
Profit before tax £1,430,974£2,211,978£2,552,248 +15.4%
Net profit £1,091,471£1,712,156£2,351,922 +37.4%
Cash £1,725,024£1,646,082£3,540,878 +115.1%
Total assets less current liabilities £10,887,867£13,235,808£16,000,454 +20.9%
Net assets £8,187,302£9,915,402£12,784,470 +28.9%
Equity £8,187,302£9,915,402£12,784,470 +28.9%
Average employees 828987 -2.2%
Wages £3,910,943£4,405,468£4,424,186 +0.4%
Directors' remuneration £248,189£253,671£267,975 +5.6%

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 2023-12-312024-12-312025-12-31
Operating margin 11.5%16.0%17.0%
Net margin 7.9%11.9%15.0%
Return on capital employed 14.6%17.5%16.7%
Gearing (liabilities / total assets) 51.7%42.5%
Current ratio 0.99x1.18x1.78x
Interest cover 9.87x23.28x22.06x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
PEM Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis. The Directors have prepared forecasts to June 2027, including cash flow projections, which demonstrate that, taking account of potential and realistic changes in trading performance, the Group will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements. Having considered the working capital of the business, the Directors are satisfied that it is sufficient for its needs and therefore continue to adopt the going concern basis in their preparation of the financial statements.”

Group structure

  1. AQUASIUM TECHNOLOGY LIMITED · parent
    1. Cambridge Vacuum Engineering Limited 100% · UK · Dormant
    2. Cambridge Vacuum Engineering, Inc. 100% · USA · Sale and servicing of electron beam welding equipment
    3. Aquasium Limited 100% · UK · Dormant
    4. Aquasium Technology (Beijing) Co Limited 100% · China · Servicing of electron beam welding equipment

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 11 resigned

Name Role Appointed Born Nationality
CRICK, Gavin Director 2014-09-01 Jul 1958 British
CUMBERLAND, John Peter Director 2001-10-26 Nov 1943 British
NEWTON, Georgina Director 2024-07-26 Sep 1992 British
NICOLSON, Robert Leonard Director 2001-10-26 Dec 1955 British
Show 11 resigned officers
Name Role Appointed Resigned
SALTER, John Graham Secretary 2001-10-26 2006-07-01
BIRKETTS SECRETARIES LIMITED Corporate Secretary 2006-07-01 2019-07-26
BIRKETTS SECRETARIES LIMITED Corporate Secretary 2001-06-26 2001-10-26
BRANDON, John Robert Director 2012-09-28 2014-09-26
HEALEY, Russell George Director 2015-01-29 2022-03-25
MACLENNAN, Donald Alexander Director 2001-10-26 2011-08-30
NEWTON, Georgina Director 2022-03-25 2023-09-29
O'RIORDAN, Charles Michael Director 2023-09-29 2024-07-26
SALTER, John Graham Director 2001-10-26 2006-07-01
SHANNON, Andrew James Mciver Director 2011-08-30 2015-01-29
BIRKETTS DIRECTORS LIMITED Corporate Director 2001-06-26 2001-10-26

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Foresight Vct Plc Corporate entity Shares 25–50%, Voting 25–50% 2016-04-06 Active

Filing timeline

Last 20 of 139 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-02-06 RESOLUTIONS Resolution
  • 2026-02-06 RESOLUTIONS Resolution
  • 2024-06-13 RESOLUTIONS Resolution
  • 2024-04-29 RESOLUTIONS Resolution
  • 2024-04-27 MA Memorandum articles
  • 2023-07-20 RESOLUTIONS Resolution
Date Type Category Description
2026-06-29 AA accounts Accounts with accounts type group
2026-02-06 RESOLUTIONS resolution Resolution
2026-02-06 RESOLUTIONS resolution Resolution
2025-07-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-05 AA accounts Accounts with accounts type group
2024-08-23 CH01 officers Change person director company with change date PDF
2024-07-30 AP01 officers Appoint person director company with name date PDF
2024-07-30 TM01 officers Termination director company with name termination date PDF
2024-07-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-19 AA accounts Accounts with accounts type group
2024-06-13 RESOLUTIONS resolution Resolution
2024-04-29 RESOLUTIONS resolution Resolution
2024-04-27 MA incorporation Memorandum articles
2023-10-10 AP01 officers Appoint person director company with name date PDF
2023-10-10 TM01 officers Termination director company with name termination date PDF
2023-07-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-20 RESOLUTIONS resolution Resolution
2023-06-16 AA accounts Accounts with accounts type group
2022-07-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-05-10 AA accounts Accounts with accounts type group

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page