AVE CAPITAL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-04 (in 4mo)
Last made up 2025-08-21
Watchouts
None on the register
Cash
£13M
Latest balance sheet
Net assets
£125M
Equity attributable
Employees
1
Average over period
Profit before tax
£9M
Period ending 2024-12-31
Name history
Renamed 1 time since incorporation
- AVE CAPITAL LIMITED 2014-03-06 → present
- HAIL LIMITED 2012-08-21 → 2014-03-06
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £16,116,382 | £3,770,168 | |
| Operating profit | £16,594,262 | £2,831,904 | |
| Profit before tax | £22,639,610 | £8,983,246 | |
| Net profit | £17,020,447 | £6,556,463 | |
| Cash | £10,422,753 | £12,845,836 | |
| Total assets less current liabilities | £124,734,466 | £125,602,543 | |
| Net assets | £123,766,455 | £124,912,079 | |
| Equity | £123,371,095 | £124,805,875 | |
| Average employees | 1 | 1 | |
| Wages | — | — |
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 | 103.0% | 75.1% | |
| Net margin | 105.6% | 173.9% | |
| Return on capital employed | 13.3% | 2.3% | |
| Current ratio | -24.75x | -159.97x | |
| Interest cover | 1809.23x | 173.26x |
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
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Director has a reasonable expectation that the Group and the Company have adequate resources to continue in operational existence for the foreseeable future. As a consequence, the Director believes that the Group and the Company are well placed to manage business risks successfully. Accordingly, the Group and the Company continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- AVE CAPITAL LIMITED · parent
- TCI Real Estate Partners Limited 75%
- Veltzegasse 5 GmbH 100%
- Olana Beteiligungsverwaltungs GmbH 100%
- AVECAP Immobilienbesitzgesellschaft mbH 100%
- 124 Beach Lane LLC 100%
Significant events
- “Following the year end, the Company acquired 100% ownership of TCI Real Estate General Partner IV Limited, a company incorporated in the Cayman Islands, from M. Frass-Ehrfeld.”
- “The Company has jointly guaranteed a partial amount of a third party company's bank loan. The partial amount jointly guaranteed amounts to €500,000 (31 December 2024: $520,655; 31 December 2023: $551,960).”
- “During the year, the Company increased its total capital commitment in an investment fund from $21,500,000 to $27,004,250. At the year end, the Company had a remaining capital commitment of $15,842,846 (31 December 2023: $14,980,419).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| O'FLYNN, Joseph Paul | Director | 2023-09-15 | Jun 1970 | Irish |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FRASS-EHRFELD, Martin | Director | 2014-04-09 | 2023-09-15 |
| HOHN, Christopher Anthony | Director | 2012-08-21 | 2014-04-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Martin Frass-Ehrfeld | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 44 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-06 | AA | accounts | Accounts with accounts type group | |
| 2025-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-13 | AA | accounts | Accounts with accounts type group | |
| 2024-08-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-13 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-12-23 | AA | accounts | Accounts with accounts type group | |
| 2023-09-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-10 | AA | accounts | Accounts with accounts type group | |
| 2022-08-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-04 | AA | accounts | Accounts with accounts type group | |
| 2021-09-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-07 | AA | accounts | Accounts with accounts type group | |
| 2020-09-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-11 | AA | accounts | Accounts with accounts type group | |
| 2019-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-06-04 | AUD | auditors | Auditors resignation company | |
| 2018-12-06 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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