ATEC GROUP LIMITED
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Cash
£2.1K
-70.3% lowest in 3 filed years
Net assets
-£18M
0% vs 2024
Employees
2
0% vs 2024
Profit before tax
-£7.5K
+99.7% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£11,071 | -£22,663 | -£7,472 | +67% | |
| Profit before tax | -£3,197,169 | -£2,684,894 | -£7,472 | +99.7% | |
| Net profit | -£3,408,835 | -£2,684,894 | -£7,472 | +99.7% | |
| Cash | £2,344 | £7,018 | £2,087 | -70.3% | |
| Total assets less current liabilities | -£3,880,454 | -£17,503,599 | -£17,511,071 | 0% | |
| Net assets | -£14,818,705 | -£17,503,599 | -£17,511,071 | 0% | |
| Equity | -£14,818,705 | -£17,503,599 | -£17,511,071 | 0% | |
| Average employees | 2 | 2 | 2 | 0% | |
| Wages | — | — | — | — | |
| Directors' remuneration | £504,930 | £561,823 | £607,454 | +8.1% |
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 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | 160.7% | 171.7% | 171.7% | |
| Current ratio | 0.05x | 0.03x | 0.03x | |
| Interest cover | -0.00x | -0.01x | — |
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 1 time since incorporation
- ATEC GROUP LIMITED 2017-10-25 → present
- LIME BIDCO LIMITED 2017-07-04 → 2017-10-25
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Formal confirmation has been received by Angelus Topco Limited that they will not recall the intercompany balances due from the group within 12 months of the date when the board of directors authorised the issue of the financial statements and that the largest trading subsidiaries within the group will provide the necessary support to settle obligations.”
Group structure
- ATEC GROUP LIMITED · parent
- CETA Insurance Ltd 100%
- Arkel Limited 100%
- Insuremyhome Ltd* 100%
- Insuremyholiday Ltd* 100%
- Insuremycar Ltd* 100%
- Insuremybusiness Ltd* 100%
- Insuremy Ltd* 100%
Significant events
- “Previously it held investor loan notes, however these were redeemed following a refinance in 2024.”
- “The purchase of the group in 2024 was part financed by a new banking facility that resides in the acquiring company, Angelus Bidco Limited. As part of the facility a fixed charge, floating charge and negative pledge over the assets of the group's non-dormant entities was created on 16 August 2024. Consequently, the company entered into a cross guarantee for the debt of Angelus Bidco Limited. The value of the guarantee reflects the principle amount due of £62,095,584.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DEVINE, Brendan Joseph | Director | 2020-07-20 | Oct 1967 | British |
| GILBERT, Ian | Director | 2020-03-30 | Apr 1984 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BIBBY, John Brian | Director | 2017-09-29 | 2020-07-14 |
| CROCKETT, Robert Cameron | Director | 2017-07-12 | 2017-09-29 |
| ELSTON, Andrew Henry | Director | 2018-08-01 | 2019-05-01 |
| SHAH, Jeniv Mailesh | Director | 2017-07-04 | 2017-09-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Atec Group (Holdco) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-07-04 | Active |
Filing timeline
Last 20 of 40 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-06 | AA | accounts | Accounts with accounts type full | |
| 2025-07-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-08 | AA | accounts | Accounts with accounts type full | |
| 2024-08-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-15 | AA | accounts | Accounts with accounts type full | |
| 2023-08-02 | AAMD | accounts | Accounts amended with accounts type full | |
| 2023-07-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-06 | AA | accounts | Accounts with accounts type full | |
| 2022-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-05-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-05-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-02-15 | AA | accounts | Accounts with accounts type full | |
| 2021-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-10 | AA | accounts | Accounts with accounts type full | |
| 2020-08-17 | AP01 | officers | Appoint person director company with name date | |
| 2020-07-30 | TM01 | officers | Termination director company with name termination date | |
| 2020-07-06 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.