AVON CAPITAL ESTATES (AUSTRALIA) LIMITED

Figures converted to GBP from AUD at 0.534 per AUD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +261.2%

  £9,102,229 → £32,875,112

• Cash

  +436.5%

  £1,264,980 → £6,786,948

• Net assets

  +25%

  £31,247,185 → £39,066,950

• Employees

  0%

  3 → 3

• Operating profit

  +667.1%

  £922,604 → £7,077,251

• Profit before tax

  +528.2%

  £1,244,707 → £7,819,696

  highest in 4 filed years

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

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.

1. AVON CAPITAL ESTATES (AUSTRALIA) LIMITED 2003-09-24 → present
2. TOWLSHIRE LIMITED 1981-07-20 → 2003-09-24

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

BK Plus Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are provided on a going concern basis. The groups activities, together with factors likely to affect its future development, performance and position are set out in this Strategic Review. The directors have considered the working capital requirements for a period of twelve months from the date of this report based on information and forecasts available to the diretors at this time. As a consequence, the directors believe that the group has sufficient working capital available and access to additional working capital if required to prepare these financial statements in a going concern basis and is well placed to manage its business risks”

Group structure

1. AVON CAPITAL ESTATES (AUSTRALIA) LIMITED · parent
   1. Hayview Developments Pty Ltd 100% · Australia · Land development
   2. Karrabin Estate Pty Ltd 100% · Australia · Land development
   3. JCV Developments Pty Ltd 100% · Australia · Land development
   4. Endeavour Developments 1 Pty Ltd 100% · Australia · Land development
   5. Endeavour Developments 2 Pty Ltd 100% · Australia · Land development

Significant events

• “The 2024-25 financial year presented a challenging yet resilient operating environment for residential property development in Australia.”
• “ASIC data revealed 3,948 construction businesses entered administration between April 2024 and April 2025, highlighting the challenging operating environment.”
• “At the Highbury Estate project (Bayliss Road, S. Ripley, SEQ) we secured DA consent for 243 lots... We therefore decided to divest the property for A$22.5m in June 2024.”
• “At the Greenlea Project (Baldivis, WA), healthy, robust demand was matched by a shortage of supply... Stage 2 was delivered, and all 44 lots had settled by November. The next stage was also delivered and we managed to settle 30 out of Stage 4's 51 lots in March.”
• “At the River Cove Residences Project (Murrumba Downs, SEQ), we settled 39 (48%) out of the total estate's 81 lots and at the Bridgeman Downs project (SEQ) we settled 18 (75%) out of the total estate's 24 lots. Both have been complex, difficult projects where we have had to contend with unbudgeted cost inflation and time delays.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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