AVIS BUDGET SERVICES LIMITED
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Cash
—
Latest balance sheet
Net assets
£258M
+6.5% vs 2023
Employees
181
-11.7% vs 2023
Profit before tax
£18M
-46.6% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £127,980,000 | £122,702,000 | -4.1% | |
| Operating profit | £21,836,000 | £5,550,000 | -74.6% | |
| Profit before tax | £32,831,000 | £17,537,000 | -46.6% | |
| Net profit | £26,203,000 | £15,697,000 | -40.1% | |
| Cash | — | — | — | |
| Total assets less current liabilities | £242,109,000 | £257,898,000 | +6.5% | |
| Net assets | £241,867,000 | £257,564,000 | +6.5% | |
| Equity | £241,867,000 | £257,564,000 | +6.5% | |
| Average employees | 205 | 181 | -11.7% | |
| Wages | £15,751,000 | £15,020,000 | -4.6% | |
| Directors' remuneration | £1,468,000 | £962,000 | -34.5% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 17.1% | 4.5% | |
| Net margin | 20.5% | 12.8% | |
| Return on capital employed | 9.0% | 2.2% | |
| Current ratio | 3.22x | 3.84x |
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.
Name history
Renamed 2 times since incorporation
- AVIS BUDGET SERVICES LIMITED 2012-02-01 → present
- AVIS MANAGEMENT SERVICES LIMITED 1986-11-13 → 2012-02-01
- AVIS FINANCIAL SERVICES LIMITED 1985-12-19 → 1986-11-13
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.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LALL, Inderpal | Secretary | 2018-07-20 | — | — |
| CALABRIA, David Thomas | Director | 2024-09-16 | Sep 1974 | American |
| DEGENOVA, Cathleen | Director | 2024-09-16 | Feb 1962 | American |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JONES, Gail Marion | Secretary | 2013-03-27 | 2018-07-20 |
| NICHOLSON, Judith Ann | Secretary | — | 2013-03-27 |
| BROUGHTON SECRETARIES LIMITED | Corporate Secretary | 2013-07-03 | 2016-11-07 |
| BELL, Nina Anne | Director | 2004-08-12 | 2007-06-21 |
| CATHCART, William Alun | Director | — | 1999-01-31 |
| COATES, Richard John | Director | 2003-11-01 | 2004-08-12 |
| COATES, Richard John | Director | 2002-04-11 | 2002-10-31 |
| COWAN, Christopher Ian | Director | 1999-01-01 | 2002-04-11 |
| FILLINGHAM, Stuart Barry David, Mr. | Director | 2004-08-12 | 2013-04-12 |
| FORD, Paul Leslie | Director | 2015-12-16 | 2024-10-31 |
| FORD, Paul Leslie | Director | 2008-07-11 | 2012-05-23 |
| GATES, Edwin Peter | Director | 2007-06-21 | 2008-07-11 |
| HANNA, Kenneth George | Director | — | 1993-11-01 |
| KIGHTLEY, Mark John | Director | 2019-03-14 | 2019-09-30 |
| MALONEY, David Ossian | Director | 1993-11-01 | 1998-12-31 |
| MCCAFFERTY, Mark | Director | 1999-02-01 | 2003-11-01 |
| NICHOLSON, Judith Ann | Director | 2009-12-11 | 2009-12-31 |
| RANKIN, Patrick Kenneth | Director | 2020-03-20 | 2024-09-16 |
| ROLLASON, Paul Edward | Director | 2016-06-30 | 2019-03-14 |
| SACHDEVA, Rajiv | Director | 2012-05-23 | 2014-03-01 |
| SCHMIDT, Erik Ronald | Director | 2012-10-01 | 2014-03-02 |
| SMITH, Martyn Robert | Director | 2013-04-15 | 2015-12-16 |
| SMITH, Martyn Robert | Director | 2002-10-31 | 2004-08-12 |
| SPIERS, Joanna Elizabeth | Director | 2013-05-30 | 2016-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Avis Europe Holdings Limited | Corporate entity | Shares 75–100% | 2016-06-01 | Active |
Filing timeline
Last 20 of 185 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-04 | AA | accounts | Accounts with accounts type full | |
| 2025-03-17 | AA | accounts | Accounts with accounts type full | |
| 2025-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-03 | AA | accounts | Accounts with accounts type full | |
| 2023-11-29 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-11-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-02-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-06 | AA | accounts | Accounts with accounts type full | |
| 2022-07-04 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-24 | AA | accounts | Accounts with accounts type full | |
| 2021-02-03 | AA | accounts | Accounts with accounts type full | |
| 2021-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-20 | AP01 | officers | Appoint person director company with name date |
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.