AVIS BUDGET UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-03 (in 7mo)
Last made up 2025-11-19
Watchouts
None on the register
Cash
£6M
+433.5% vs 2023
Net assets
£15M
-56.4% vs 2023
Employees
334
+1.8% vs 2023
Profit before tax
-£31M
-5,519.6% vs 2023
Name history
Renamed 1 time since incorporation
- AVIS BUDGET UK LIMITED 2012-12-03 → present
- AVIS RENT A CAR LIMITED 1964-04-24 → 2012-12-03
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £147,550,000 | £155,440,000 | |
| Operating profit | £9,444,000 | -£15,328,000 | |
| Profit before tax | £570,000 | -£30,892,000 | |
| Net profit | -£2,438,000 | -£26,825,000 | |
| Cash | £1,070,000 | £5,708,000 | |
| Total assets less current liabilities | -£34,059,000 | -£21,725,000 | |
| Net assets | £33,333,000 | £14,526,000 | |
| Equity | £33,333,000 | £14,526,000 | |
| Average employees | 328 | 334 | |
| Wages | £12,804,000 | £13,654,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 6.4% | -9.9% | |
| Net margin | -1.7% | -17.3% | |
| Return on capital employed | -27.7% | 70.6% | |
| Current ratio | 0.32x | 0.34x | |
| Interest cover | 0.58x | -0.68x |
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
- Standalone (parent only)
- Auditor
- Constantin
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Avis Budget Group, Inc. has indicated that it will continue to provide financial support to the Company for at least one year from the date of signing these Financial Statements. The Directors, having reviewed the Group's latest audited consolidated financial statements, are satisfied that at the time of approving the Financial Statements, it is appropriate to adopt the going concern basis in preparing the Financial Statements.”
Group structure
- AVIS BUDGET UK LIMITED · parent
- Avis Pension Trustees Limited 100%
- Avis Rent A Car (Isle of Man) Limited 100%
- Avis Europe Risk Management Limited 100%
- ACL Hire Limited 100%
- CSD1 Limited 100%
- McNicoll Vehicle Hire Limited 100%
- McNicoll Vehicle Sales Limited 100%
Significant events
- “During the year, the Company recognised an impairment charge of £14,246,000 against its investment in a subsidiary undertaking. This reflects the impact of the proposed restructuring of the UK vans business and the planned wind-down of the affected entity.”
- “The Company joined the ABG European securitisation financing arrangement in Q1 2024, providing the Company with additional capacity to expand our fleet and finance new fleet purchases at more attractive terms.”
- “in response to sustained demand and growth in Scotland's inbound travel sector, the Company opened a new rental location in Edinburgh Q-Park during the year.”
- “during the year, the Company opened a new call centre in Glasgow to provide the customer service team with a dedicated, professional environment tailored to their operational needs.”
- “During 2024 the Company refurbished several locations including Gatwick Airport, East Midlands, Leeds Bradford and Glasgow Skypark.”
- “Subsequent to the reporting date, the board approved a restructuring plan affecting the UK vans operations. As part of this restructuring and legal entity rationalisation process, the Company is in the process of hiving-up two subsidiaries, McNicoll Vehicle Hire Ltd and ACL Hire Limited, with the intention of liquidating both entities upon completion of the restructure.”
- “The consultation announced on 1 December 2025 concerning the potential cessation of activities for Zipcar (UK) Limited does not impact the Financial Statements of Avis Budget UK Limited at 31 December 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LALL, Inderpal | Secretary | 2018-07-20 | — | — |
| CALABRIA, David Thomas | Director | 2024-10-15 | Sep 1974 | American |
| OLIVIER-SMITH, Alan Christopher | Director | 2021-12-31 | Nov 1971 | English |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JONES, Gail Marion | Secretary | 2013-03-27 | 2018-07-20 |
| MANNION, Thomas Matthew | Secretary | 2018-07-20 | 2020-02-03 |
| NICHOLSON, Judith Ann | Secretary | 1999-01-01 | 2013-03-27 |
| SYKES, William Jeremy | Secretary | — | 1998-12-31 |
| BROUGHTON SECRETARIES LIMITED | Corporate Secretary | 2013-07-03 | 2016-11-07 |
| BELL, Nina Anne | Director | 2016-03-16 | 2021-12-31 |
| BELL, Nina Anne | Director | 2004-08-12 | 2007-06-21 |
| BRADSHAW, Kevin Michael | Director | 2007-11-05 | 2012-01-27 |
| BRETT, Robert Alastair Parker | Director | 2004-06-23 | 2005-04-28 |
| CATHCART, William Alun | Director | — | 1999-01-31 |
| CEILLE, Kaye | Director | 2012-03-01 | 2014-02-28 |
| COATES, Richard John | Director | 2003-11-01 | 2004-08-12 |
| COWAN, Christopher Ian | Director | 1999-01-01 | 2002-04-11 |
| DE LUSSU, Renato Luigi Romolo | Director | 2010-10-15 | 2014-01-08 |
| DYER, Keith Francis | Director | — | 1999-03-31 |
| FILLINGHAM, Stuart Barry David, Mr. | Director | 2004-08-12 | 2013-04-12 |
| FORD, Paul Leslie | Director | 2015-12-16 | 2024-10-15 |
| FORD, Paul Leslie | Director | 2008-06-25 | 2012-05-23 |
| GENT, Stuart James Ashley | Director | 2004-12-08 | 2007-03-16 |
| GRAHAM, Michael Steven | Director | 2002-01-02 | 2004-01-30 |
| HANNA, Kenneth George | Director | — | 1993-11-01 |
| KIGHTLEY, Mark John | Director | 2014-01-08 | 2019-08-14 |
| MALONEY, David Ossian | Director | 1993-11-01 | 1998-12-31 |
| MCCAFFERTY, Mark | Director | 1999-02-01 | 2003-11-01 |
| MCENANEY, Michael | Director | 2005-05-16 | 2008-06-25 |
| MEDLEY, Luke | Director | 1999-07-30 | 2001-05-31 |
| SACHDEVA, Rajiv | Director | 2012-05-23 | 2012-10-23 |
| SAMPEUR, Georges Henri Pierre | Director | 1996-05-07 | 1999-07-30 |
| SERVODIDIO, Mark Jeffrey | Director | 2014-01-27 | 2016-03-16 |
| SMITH, Gary Neil | Director | 2007-07-01 | 2010-10-15 |
| SMITH, Martyn Robert | Director | 2012-07-30 | 2015-12-16 |
| SMITH, Martyn Robert | Director | 2002-10-31 | 2004-08-12 |
| THOMPSON, Mark Alexander | Director | 1996-12-01 | 2000-08-31 |
| TURNER, Jason Christopher Godsell | Director | 2019-08-14 | 2021-12-31 |
| WARDLE, Ian | Director | — | 1996-11-30 |
| WHITE, Michael Joseph | Director | 2001-10-30 | 2004-12-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Avis Europe Holdings Limited | Corporate entity | Shares 75–100% | 2022-07-05 | Active |
| Avis Europe Overseas Ltd | Corporate entity | Shares 75–100% | 2016-06-01 | Ceased 2022-07-05 |
Filing timeline
Last 20 of 272 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-19 | AA | accounts | Accounts with accounts type full | |
| 2024-11-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-13 | AA | accounts | Accounts with accounts type full | |
| 2024-03-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-13 | AA | accounts | Accounts with accounts type full | |
| 2022-11-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-20 | AA | accounts | Accounts with accounts type full | |
| 2022-07-14 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-07-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-05-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-05-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-01-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-23 | 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+5.3%
£147,550,000 £155,440,000
-
Cash
+433.5%
£1,070,000 £5,708,000
-
Net assets
-56.4%
£33,333,000 £14,526,000
-
Employees
+1.8%
328 334
-
Operating profit
-262.3%
£9,444,000 -£15,328,000
-
Profit before tax
-5,519.6%
£570,000 -£30,892,000
-
Wages
+6.6%
£12,804,000 £13,654,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers