# Avid Technology Limited

## Details

- **Company number:** [04978723](https://find-and-update.company-information.service.gov.uk/company/04978723)
- **Status:** Active
- **Type:** Private Limited Company
- **Incorporated:** 28 Nov 2003
- **Registered office:** TURNTIDE DRIVES EIGHTH AVENUE, TEAM VALLEY TRADING ESTATE, GATESHEAD, NE11 0QA
- **Nature of business:** [30990](/sic/30990) Manufacture of other transport equipment n.e.c.
- **Corporate group:** [Turntide Transport Limited](/group/25965) (6 companies)


## Previous names

- Comesys Europe Limited (until 29 Dec 2010)




## Control

| Name | Nature of control | Notified | Ceased |
|---|---|---|---|
| Avid Technology Group Limited | ownership-of-shares-75-to-100-percent | 6 Apr 2016 |  |



## Accounts

| Year ended | Net assets | Cash | Employees |
|---|---|---|---|
| 31 Dec 2024 | -£9,535,897 | £128,985 | 0 |
| 31 Dec 2023 | -£6,513,934 | £299,286 | 56 |
| 31 Dec 2022 | -£4,092,702 | £224,292 | 70 |
| 31 Dec 2021 | - | £234,224 | 96 |
| 25 Jun 2021 | £825,272 | £20,313 | 98 |
| 31 Jan 2015 | -£673,904 | £80,354 | - |
| 31 Jan 2014 | -£61,400 | £136,725 | - |



## Owned by

Avid Technology Limited → [Avid Technology Group Limited](/company/06846533) → [Turntide Transport Limited](/company/13289543)





## Companies at the same address

- [Avid Technology Group Limited](/company/06846533) (06846533)
- [Turntide Drives Limited](/company/13224626) (13224626)
- [Turntide Transport Limited](/company/13289543) (13289543)