ONE AVENUE SERVICED OFFICE DIVISION LIMITED
Get an alert when ONE AVENUE SERVICED OFFICE DIVISION LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-19 (in 4mo)
Last made up 2025-09-05
Watchouts
None on the register
Cash
£70K
-85.3% vs 2023
Net assets
£2M
-83.7% vs 2023
Employees
2
-94.4% vs 2023
Profit before tax
-£11M
-334.7% vs 2023
Net assets
7-year trend · vs Real Estate median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £20,238,505 | £23,046,698 | |
| Operating profit | — | — | — | — | — | £4,903,948 | -£11,135,691 | |
| Profit before tax | — | — | — | — | — | £4,803,030 | -£11,272,812 | |
| Net profit | — | — | — | — | — | £4,803,030 | -£11,617,930 | |
| Cash | — | £276,486 | — | — | -£22,357 | £476,406 | £70,154 | |
| Total assets less current liabilities | — | £1,658,743 | — | — | — | £14,242,358 | £3,227,583 | |
| Net assets | — | £1,513,805 | — | — | — | £13,888,620 | £2,270,690 | |
| Equity | £1,663,741 | £1,513,805 | £1,111,319 | £1,935,018 | £9,085,589 | £13,888,620 | £2,270,690 | |
| Average employees | — | 0 | — | — | — | 36 | 2 | |
| Wages | — | — | — | — | — | £1,055,470 | £1,997,109 | |
| Directors' remuneration | — | — | — | — | — | — | — |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+13.9%
£20,238,505 £23,046,698
-
Cash
-85.3%
£476,406 £70,154
-
Net assets
-83.7%
£13,888,620 £2,270,690
-
Employees
-94.4%
36 2
-
Operating profit
-327.1%
£4,903,948 -£11,135,691
-
Profit before tax
-334.7%
£4,803,030 -£11,272,812
-
Wages
+89.2%
£1,055,470 £1,997,109
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 24.2% | -48.3% | |
| Net margin | — | — | — | — | — | 23.7% | -50.4% | |
| Return on capital employed | — | — | — | — | — | 34.4% | -345.0% | |
| Current ratio | — | — | — | — | — | 1.03x | 0.63x | |
| Interest cover | — | — | — | — | — | 48.59x | -81.21x |
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 1 time since incorporation
- ONE AVENUE SERVICED OFFICE DIVISION LIMITED 2022-07-20 → present
- ONE AVENUE BIRCHIN COURT LIMITED 2013-10-25 → 2022-07-20
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- M J Bushell Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- ONE AVENUE SERVICED OFFICE DIVISION LIMITED · parent
- One Avenue Jewry Limited 100%
- One Avenue Southwark Limited 100%
- One Avenue Petty France Limited 100%
- One Avenue Managed Limited 100%
- One Avenue Park Lane Limited 100%
- One Avenue St Johns Lane Limited 100%
- 42 Upper Berkeley Limited 100%
- One Avenue Managed Offices Limited 100%
- One Avenue CL NR Limited 100%
- Identity 3rd Floor Warwick House Limited 100%
- One Avenue Greycoat Limited 100%
Significant events
- “In January 2024 the wider One Avenue structure was reorganised as part of the establishment of an Employee Ownership Trust ("EOT"). As part of this restructuring, the Group became the primary serviced office operating entity, with property-owning companies transferred into a separate holding structure under One Avenue Property Holdings Limited. The Group therefore focuses solely on trading activities and does not hold property assets. Ownership was transferred from the founding shareholder to an employee-ownership trust, ensuring long-term stability, cultural continuity and alignment with employee interests.”
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 |
|---|---|---|---|---|
| PANKHANIA, Keval | Director | 2013-10-25 | May 1972 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SPIRES, Alice | Director | 2019-06-18 | 2023-01-01 |
| SQUELCH, Ryan David | Director | 2019-06-18 | 2026-02-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| One Avenue Trading Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-01-01 | Active |
| One Avenue Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2021-01-01 |
Filing timeline
Last 20 of 52 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-07-20 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-17 | AA | accounts | Accounts with accounts type group | |
| 2025-09-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-29 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2023-12-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-09-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-07 | AA | accounts | Accounts with accounts type full | |
| 2023-04-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-07 | AA | accounts | Accounts with accounts type full | |
| 2022-09-21 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-09-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-09-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-07-20 | CERTNM | change-of-name | Certificate change of name company | |
| 2021-12-23 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.