ADVANCED ACCESS PLATFORMS LTD
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Cash
£2M
+80.3% highest in 6 filed years
Net assets
£5.8M
+46.7% highest in 6 filed years
Employees
82
+13.9% highest in 6 filed years
Profit before tax
£2.8M
+598.1% vs 2024
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £10,971,605 | £11,641,511 | £15,373,201 | £22,480,394 | +46.2% | |
| Operating profit | — | — | £3,475,626 | £1,612,682 | £1,634,585 | £4,448,671 | +172.2% | |
| Profit before tax | — | — | £2,910,429 | £809,125 | £396,845 | £2,770,324 | +598.1% | |
| Net profit | — | — | £1,868,549 | £679,084 | £191,390 | £2,031,744 | +961.6% | |
| Cash | £386,544 | £840,022 | £1,998,512 | £1,686,588 | £1,114,496 | £2,009,741 | +80.3% | |
| Total assets less current liabilities | £5,503,612 | £10,086,974 | £11,157,169 | £14,517,785 | £18,288,737 | £29,516,844 | +61.4% | |
| Net assets | £578,247 | £1,621,545 | £3,278,357 | £3,743,441 | £3,975,359 | £5,833,103 | +46.7% | |
| Equity | £578,247 | £1,621,545 | £3,278,357 | £3,743,441 | £3,975,359 | £5,833,103 | +46.7% | |
| Average employees | 34 | 39 | 43 | 45 | 72 | 82 | +13.9% | |
| Wages | — | — | £1,543,630 | £1,963,155 | £2,880,462 | £3,657,282 | +27% | |
| Directors' remuneration | — | — | £17,940 | £18,192 | £28,614 | £25,140 | -12.1% |
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 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 31.7% | 13.9% | 10.6% | 19.8% | |
| Net margin | — | — | 17.0% | 5.8% | 1.2% | 9.0% | |
| Return on capital employed | — | — | 31.2% | 11.1% | 8.9% | 15.1% | |
| Gearing (liabilities / total assets) | — | — | — | — | 88.4% | 86.8% | |
| Current ratio | — | — | — | 0.51x | 0.40x | 0.55x | |
| Interest cover | — | — | 6.15x | 2.01x | 1.32x | 2.65x |
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
- CWM Chartered Accountants & Registered Auditors
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The company's principal activity continues to be the provision of aerial access equipment to customers in the construction, commercial and distribution industries, mainly focused on the market in the United Kingdom, with some recent interest from the European market.”
- “The company has achieved significant growth as evidenced by its increased turnover referred to below in this report.”
- “Furthermore, we working commencing on major projects for new Data Centres throughout Europe, which has been created from the growth in reliance on Al.”
- “Pure plant hire income accounts for about 85% of revenue, with the balance of 15% relates to the provision of haulage, training and fuel sales.”
- “Following the purchase of the Tiger Plant Group in Swindon last year we were able to expand into new markets along the M4 corridor, as predicted.”
- “As pointed out further below, the company's turnover increased by 45.3% in the year to £21,093,863.”
- “The company continued to invest in its plant fleet, spending £10,577,720 on new plant maintaining its focus on more fuel and energy-efficient machines.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CORCORAN, John Anthony Edward | Secretary | 2007-09-04 | — | British |
| CORCORAN, Joanne Louise | Director | 2007-09-04 | Jul 1968 | British |
| CORCORAN, John Anthony Edward | Director | 2010-04-06 | Jul 1967 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr John Anthony Edward Corcoran | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Mrs Joanne Louise Corcoran | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 61 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-29 | AA | accounts | Accounts with accounts type group | |
| 2026-02-14 | MR07 | mortgage | Mortgage alter charge with charge number charge creation date | |
| 2026-02-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-12 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-12 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-05 | AA | accounts | Accounts with accounts type group | |
| 2025-04-25 | CH03 | officers | Change person secretary company with change date | |
| 2025-04-25 | CH01 | officers | Change person director company with change date | |
| 2025-04-25 | CH01 | officers | Change person director company with change date | |
| 2025-04-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-25 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-11 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-10 | CH01 | officers | Change person director company with change date | |
| 2024-04-05 | AA | accounts | Accounts with accounts type full | |
| 2024-02-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-12 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-02-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-08 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.