AVENUE EUROPE MANAGEMENT, LLP

• ◆

  7 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group meets its day-to-day working capital requirements through its bank facilities. The Group's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the Group should be able to operate within the level of its current facilities. After making enquiries, the members have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. The Group therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. AVENUE EUROPE MANAGEMENT, LLP · parent
   1. Avenue England Ltd 1% · England and Wales · intermediate holding company
   2. Avenue Germany Management GmbH i.L. 1% · Germany · placed in liquidation on 30 June 2017 and only has activity in relation to its wind downs.

Significant events

• “Avenue Germany Management GmbH i.L. was placed in liquidation on 30 June 2017 and only has activity in relation to its wind downs.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

18

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

7

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -71.6%

  £29,214,893 → £8,309,734

• Cash

  +17.4%

  £561,965 → £659,735

• Net assets

  -37.6%

  £15,665,738 → £9,777,968

• Employees

  0%

  11 → 11

• Operating profit

  -90.2%

  £21,854,372 → £2,136,352

• Profit before tax

  -90.8%

  £21,587,933 → £1,981,931

• Wages

  -26%

  £5,201,644 → £3,850,443

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