FIRST AVENUE PARTNERS (LONDON) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-06-10 (in 1mo)
Last made up 2025-05-27
Watchouts
None on the register
Cash
£21K
-45% vs 2024
Net assets
£640K
+3.3% vs 2024
Employees
17
-5.6% vs 2024
Profit before tax
£93K
-90.5% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £6,362,339 | £5,284,125 | |
| Operating profit | £1,014,615 | £131,513 | |
| Profit before tax | £980,614 | £92,793 | |
| Net profit | £851,828 | £20,588 | |
| Cash | £38,328 | £21,096 | |
| Total assets less current liabilities | £618,934 | £639,522 | |
| Net assets | £618,934 | £639,522 | |
| Equity | £618,934 | £639,522 | |
| Average employees | 18 | 17 | |
| Wages | £2,583,072 | £2,348,272 | |
| Directors' remuneration | £0 | £0 |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-16.9%
£6,362,339 £5,284,125
-
Cash
-45%
£38,328 £21,096
-
Net assets
+3.3%
£618,934 £639,522
-
Employees
-5.6%
18 17
-
Operating profit
-87%
£1,014,615 £131,513
-
Profit before tax
-90.5%
£980,614 £92,793
-
Wages
-9.1%
£2,583,072 £2,348,272
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 15.9% | 2.5% | |
| Net margin | 13.4% | 0.4% | |
| Return on capital employed | 163.9% | 20.6% | |
| Gearing (liabilities / total assets) | 74.3% | 64.5% | |
| Current ratio | 1.09x | 1.29x | |
| Interest cover | 29.84x | 3.40x |
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.
Audit & accounting basis
- Accounting basis
- UK adopted international accounting standards
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the assessment of the Company's financial position, the Director has a reasonable expectation that the Company will continue as a going concern for at least one year after 11 July 2025, the date the financial statements are issued. Consequently, these financial statements are prepared on a going concern basis.”
Group structure
- FIRST AVENUE PARTNERS (LONDON) LIMITED · parent
- First Avenue Partners (Europe) GmbH 100%
Significant events
- “No dividend was declared by the Company during the year (2024: Dividend declared of £700,000).”
- “Disposal of First Avenue Partners (Korea) Limited, a 100% owned subsidiary based in South Korea. The gain on disposal amounted to £6,297.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SARLES, Stefan Hardy | Secretary | 2016-04-28 | — | — |
| BUCKLEY, Paul Derek | Director | 2016-04-28 | Sep 1963 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAIG, Alan John | Secretary | 2016-04-28 | 2016-09-29 |
| DAVIE, Jonathan Richard | Director | 2016-04-28 | 2019-12-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| First Avenue Partners Llp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-28 | Active |
Filing timeline
Last 20 of 39 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-06-01 RESOLUTIONS Resolution
- 2022-06-01 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-27 | AA | accounts | Accounts with accounts type full | |
| 2025-10-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-06-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-12 | AA | accounts | Accounts with accounts type full | |
| 2024-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-04 | AA | accounts | Accounts with accounts type full | |
| 2023-08-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-06-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-05 | AA | accounts | Accounts with accounts type full | |
| 2022-06-01 | RESOLUTIONS | resolution | Resolution | |
| 2022-06-01 | MA | incorporation | Memorandum articles | |
| 2022-05-30 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2022-05-30 | SH20 | capital | Legacy | |
| 2022-05-30 | CAP-SS | insolvency | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- 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.