UK Companies House feature
AVALON CAPITAL MARKETS LIMITED
Cash
£89K
-75.8% vs 2022
Net assets
£206K
-22.4% vs 2022
Employees
11
-8.3% vs 2022
Profit before tax
-£4K
-101.8% vs 2022
Profile
- Company number
- 08974534
- Status
- Active
- Incorporation
- 2014-04-02
- Last accounts made up
- 2023-07-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
5-year trend · vs UK Fintech median
Accounts
5-year trend · latest 2023-07-31
| Metric | Trend | 2019-07-31 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-07-31 |
|---|---|---|---|---|---|---|
| Turnover | £10,864,668 | £8,610,893 | £8,267,124 | £6,708,816 | £6,325,735 | |
| Operating profit | -£1,215,527 | £99,423 | £112,721 | £212,036 | -£9,406 | |
| Profit before tax | -£1,211,914 | £103,116 | £116,306 | £218,191 | -£3,944 | |
| Net profit | — | — | — | — | — | |
| Cash | £985,037 | £1,011,587 | £469,721 | £370,424 | £89,472 | |
| Total assets less current liabilities | £26,638 | £87,690 | £136,788 | £265,381 | £205,952 | |
| Net assets | £26,638 | £87,690 | £136,788 | £265,381 | £205,952 | |
| Equity | £26,638 | £87,690 | £136,788 | £265,381 | £205,952 | |
| Average employees | 13 | 13 | 11 | 12 | 11 | |
| Wages | £856,521 | £561,406 | £1,039,339 | £651,467 | £653,142 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BKL Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “Income from settlement of litigation of £125,000 was recognised in 2022.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
1 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AKNIN, Jean Yves Michael | Director | 2014-04-02 | Jan 1982 | French |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LANGFORD, Simon George Edward | Director | 2019-11-12 | 2024-08-15 |
| ROLT, Christopher Xavier | Director | 2014-04-02 | 2019-06-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Noam Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-07-31 | Active |
| 2jl Capital Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-07-31 |
| Cer Securities Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-07-31 |
Filing timeline
Last 20 of 44 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-20 | AA01 | accounts | change account reference date company previous shortened |
| 2025-04-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-11-27 | AA | accounts | accounts with accounts type full |
| 2024-11-13 | AA01 | accounts | change account reference date company current extended |
| 2024-09-04 | TM01 | officers | termination director company with name termination date |
| 2024-07-24 | AA01 | accounts | change account reference date company previous shortened |
| 2024-04-29 | AA01 | accounts | change account reference date company previous shortened |
| 2024-04-18 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-04-28 | AA | accounts | accounts with accounts type full |
| 2023-04-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-10-11 | CH01 | officers | change person director company with change date |
| 2022-04-13 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-03-18 | AA | accounts | accounts with accounts type full |
| 2021-04-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-03-08 | CH01 | officers | change person director company with change date |
| 2021-01-19 | AA | accounts | accounts with accounts type full |
| 2021-01-09 | DISS40 | gazette | gazette filings brought up to date |
| 2021-01-08 | AA | accounts | accounts with accounts type full |
| 2020-12-29 | GAZ1 | gazette | gazette notice compulsory |
| 2020-10-12 | PSC05 | persons-with-significant-control | change to a person with significant control |
Credit score
Altman Z″ (private-firm) · reference 2023-07-31
0.61
DISTRESS
Altman Z″
- Working capital / Total assets 0.083 × 6.56 = +0.54
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.004 × 6.72 = -0.03
- Book equity / Total liabilities 0.090 × 1.05 = +0.09
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory