AFE GROUP LIMITED

Active
Company number 03872673Private limited companyIncorporated 1999

Key figures

£130,405,000+14.1%
Net assets 2024/25
+14.1%
Average annual growth 2023/24–2024/25
050 m100 m150 m2023/242024/25

† AFE GROUP LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024/25

Sector comparison

SIC 28250

Where the company stands among the 490 active companies whose first SIC code is 28250 (Manufacture of non-domestic cooling and ventilation equipment).

Turnover£134,976,000
Higher than 93% · median £24,439,643 among 31 that publish turnover
Net assets£130,405,000
Higher than 99% · median £122,882
Total assets£163,475,000
Higher than 99% · median £424,550
Cash£588,000
Higher than 74% · median £119,704
Company age27.0 years
Older than 82% · median 8.8 years
Largest in this sector by net assets
  1. AFE GROUP LIMITED£130.4m
  2. MEGGITT (UK) LIMITED£110m
  3. JAMES HOWDEN & COMPANY LIMITED£60.5m
  4. SPACE ENGINEERING SERVICES LIMITED£24.5m
  5. ENVIROVENT LIMITED£22.5m
  6. FILTERMIST HOLDINGS LIMITED£20.5m
  7. B.S.B. ENGINEERING SERVICES LIMITED£18.3m
  8. RVT GROUP LIMITED£15.7m
  9. ARNEG UK LIMITED£15.2m
  10. HAWCO LIMITED£12.1m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 490. The line on each bar marks the median.

Summary: AFE GROUP LIMITED

What kind of company is it?

AFE GROUP LIMITED is a private limited company registered with Companies House under company number 03872673. It was incorporated on 8 Nov 1999. Its status is active. The registered office is in King's lynn (PE30). Its nature of business (SIC 2007) is manufacture of non-domestic cooling and ventilation equipment (28250), manufacture of machinery for food, beverage and tobacco processing (28930), other manufacturing n.e.c. (32990), repair of machinery (33120).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Aug 2025); the company files full accounts. Turnover was £134,976,000. Profit for the year was £20,607,000. Net assets were £130,405,000, up 14.1% on the previous year. Cash at bank and in hand was £588,000. Total assets were £163,475,000 and total liabilities £30,746,000. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 490 active companies whose first SIC code is 28250: By turnover it ranks higher than 93% of the 31 that publish turnover (median £24,439,643). By net assets it ranks higher than 99% of them (median £122,882). By total assets it ranks higher than 99% of them (median £424,550). By cash it ranks higher than 74% of them (median £119,704). It is older than 82% of them (median age 8.8 years).

Does it supply the public sector?

The company is named as a supplier in 9 public contract award notices from 8 public sector buyers since 2016. Contracts awarded to it alone have a combined published value of £1.8m. Its most frequent buyer is Ministry Of Justice (2 contracts). 6 of the awards are shared with other suppliers, typically framework agreements.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Skilled Worker). HMRC lists it as an importer of goods, mainly optical, medical and measuring instruments, electrical equipment, furniture and lighting. HMRC lists it as an exporter of goods, mainly machinery, electrical equipment, miscellaneous metal articles. In its latest payment practices report it took an average of 55 days to pay suppliers, and 51% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 13.8% lower than for men. It has modern slavery statements on the government registry for 2 years.

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 May 2027. The next confirmation statement is due by 20 Jul 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover131,952,000134,976,000
Profit for the year17,344,00020,607,000
Cash at bank and in hand2,194,000588,000
Total assets147,294,000163,475,000
Total liabilities30,951,00030,746,000
Net assets / total equity114,271,000130,405,000
Average number of employees1,031—

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

9 contracts

AFE GROUP LIMITED is named as a supplier in 9 public contract award notices from 8 public sector buyers since 2016. The 2 contracts awarded to it alone with a published value add up to £1.8m. 6 awards are shared with other suppliers and not counted in that total.

Contracts per year
Main buyers8
Ministry Of Justice
2 contracts · £1.8m
CHESHIRE AND WIRRAL PARTNERSHIP NHS FOUNDATION TRUST
1 contract · £40k
ESPO
1 contract
NHS SUPPLY CHAIN
1 contract
North of England Commercial Procurement Collaborative (NOE CPC)
1 contract
Contracts
  1. 98_26 Heavy and Light Catering Equipment - Supply, Maintenance and Kitchen DesignESPO · shared by 34 suppliers, up to £90,000,000 in total · 2 lots · runs until Mar 2028
  2. Medical Refrigeration and Cold Chain Equipment‡The Common Services Agency (more commonly known as NHS National Services Scotland) ("NSS") · shared by 5 suppliers, up to £842,000 in total · 2 lots
  3. Catering Consumables and Equipment 2025Supply Chain Coordination Limited · shared by 16 suppliers, up to £96,200,000 in total · runs until Jul 2029
  4. Contract AwardCHESHIRE AND WIRRAL PARTNERSHIP NHS FOUNDATION TRUST · £40,000
  5. YPO - 001058 Design, Installation, Supply and Servicing of Commercial Catering EquipmentYorkshire Purchasing Organisation · shared by 13 suppliers, up to £6,500,000 in total
Show 4 more
  1. Catering Consumables and Equipment 2021North of England Commercial Procurement Collaborative (NOE CPC) · shared by 17 suppliers, up to £58,400,000 in total
  2. Catering Equipment and Consumables‡NHS SUPPLY CHAIN · shared by 14 suppliers
  3. ARP12 - 16-17Ministry Of Justice
  4. MOJ HMPPS - Custodial Catering Equipment, Asset Replacement Prog 16 / ABC 3Ministry of Justice · £1,800,000

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Statutory reporting

Payment practices1 Mar 2026 – 31 Aug 2026
Average time taken to pay invoices
55 days
Invoices not paid within agreed terms
51%
Standard payment terms
0–90 days
Member of a payment code
No
  • Within 30 days 20%
  • 31 to 60 days 39%
  • After 60 days 41%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
28 Feb 2026
55
19%
51%
31 Aug 2025
54
19%
52%
28 Feb 2025
57
16%
52%
31 Aug 2024
57
16%
53%
29 Feb 2024
59
14%
53%
31 Aug 2023
59
15%
57%
28 Feb 2023
58
14%
56%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 13.8% lower
Mean hourly pay
women 13.3% lower
Employer size
500 to 999 employees
Lower pay quarter23.7% womenLower middle21.4% womenUpper middle11.6% womenUpper pay quarter10.3% women
Earlier years (8)
Year
Median hourly pay
Mean hourly pay
2024/25
women 8.4% lower
women 14.4% lower
2023/24
women 8.6% lower
women 9.9% lower
2022/23
women 9.7% lower
women 11.6% lower
2021/22
women 4.2% lower
women 8.7% lower
2020/21
women 13.2% lower
women 15.8% lower
2019/20
women 12.4% lower
women 20% lower
2018/19
women 15.9% lower
women 21.9% lower
2017/18
women 17.5% lower
women 20.7% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements2
2026
Statement · summary on GOV.UK · group statement
2021
Statement · summary on GOV.UK · group statement

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Route
Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: optical, medical and measuring instruments, electrical equipment, furniture and lighting, soaps and waxes and plastics.

Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery, electrical equipment, miscellaneous metal articles, wood and iron and steel articles.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

5 events
  1. Financial year 2024/25 endedAccounts: turnover £135m, net assets £130.4m
  2. Financial year 2023/24 endedAccounts: turnover £132m, net assets £114.3m, 1,031 employees
  3. Ali Uk Limited registered as a person with significant control
  4. Name changed to AFE GROUP LIMITEDPreviously AGA FOODSERVICE EQUIPMENT LIMITED
  5. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.