OVG EUROPE LIMITED
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Next accounts due
2026-03-31
Overdue
Confirmation statement due
2027-05-16 (in 1y)
Last made up 2026-05-02
Watchouts
Cash
£7M
-14% vs 2023
Net assets
£89M
+0.9% highest in 4 filed years
Employees
1,732
+15.5% highest in 4 filed years
Profit before tax
£2M
+116.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-03-31.
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2024-06-30
| Metric | Trend | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Turnover | — | — | £17,490,100 | £154,666,887 | |
| Operating profit | — | — | -£14,619,855 | £2,694,629 | |
| Profit before tax | — | — | -£14,651,361 | £2,415,488 | |
| Net profit | — | — | -£9,807,214 | £629,374 | |
| Cash | £897,146 | £167,174 | £7,793,141 | £6,702,340 | |
| Total assets less current liabilities | -£8,359,517 | -£12,990,320 | £107,866,302 | £112,213,266 | |
| Net assets | -£8,359,517 | -£12,990,320 | £87,853,039 | £88,610,458 | |
| Equity | -£8,359,517 | -£12,990,320 | £87,853,039 | £88,610,458 | |
| Average employees | 10 | 18 | 1,500 | 1,732 | |
| Wages | — | — | £8,089,578 | £54,107,248 | |
| Directors' remuneration | — | — | £55,475 | £735,226 |
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 2024-06-30 vs 2023-06-30
-
Turnover
+784.3%
£17,490,100 £154,666,887
-
Cash
-14%
£7,793,141 £6,702,340
-
Net assets
+0.9%
£87,853,039 £88,610,458
highest in 4 filed years
-
Employees
+15.5%
1,500 1,732
highest in 4 filed years
-
Operating profit
+118.4%
-£14,619,855 £2,694,629
-
Profit before tax
+116.5%
-£14,651,361 £2,415,488
-
Wages
+568.9%
£8,089,578 £54,107,248
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 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Operating margin | — | — | -83.6% | 1.7% | |
| Net margin | — | — | -56.1% | 0.4% | |
| Return on capital employed | — | — | -13.6% | 2.4% | |
| Gearing (liabilities / total assets) | — | — | 52.1% | 58.6% | |
| Current ratio | — | — | 0.62x | 0.68x | |
| Interest cover | — | — | -464.03x | 9.65x |
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
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BDO 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group or Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- OVG EUROPE LIMITED · parent
- OVG Manchester Facilities Limited 100%
- OVG Manchester Sales Services Limited 100%
- OVG Europe Hospitality Holdings Limited 100%
- OVG Europe Hospitality Limited* 100%
- Impassioned Events Limited* 90%
- Bovingdons Catering Limited* 90%
- Pint-Size Limited* 90%
- RHC Topco Limited* 100%
- Richmond Topco Limited* 100%
- RHC Midco Limited* 100%
- Richmond Bidco Limited* 100%
- Briers Topco Limited* 100%
- Briers Midco Limited* 100%
- Briers Bidco Limited* 100%
- RFD Holdings Limited* 100%
- Rhubarb Food Design Limited* 100%
- Cottage Caterers with "Rhubarb" Limited* 100%
- Vivi by Rhubarb Limited* 100%
- Rhubarb at Sky Garden Limited* 100%
- 22 Bishopsgate by Rhubarb Limited 100%
- Rhubarb United States Inc*^ 100%
- Sky Project by Rhubarb LLC*^ 100%
- Hudson Yards by Rhubarb LLC*^ 100%
- Sonnier and Castle by Rhubarb LLC*^ 100%
- RHC Meatpacking LLC*^ 100%
- Rhubarb Berlin GbmH*^^ 100%
Significant events
- “On 31 July 2024, OVG Europe Limited via OVG Hospitality Holdings Limited made a significant acquisition funded by the US parent OVG Business Services LLC via an intercompany loan. OVG Hospitality Holdings Limited acquired 5 ordinary shares or 100% share capital in City Brewery Limited for an initial consideration of £14,292,707. City Brewery Limited's operating subsidiary, The Brewery on Chiswell Street Limited provides conferencing and banqueting services which generated revenues of £24.6m (unaudited) for the group in FY25.”
- “On 23 October 2024, OVG Europe Limited acquired 51% share capital in Chrysalis Leisure Management for an initial consideration of £1,508,963. The joint-venture books artists into live arenas and generated profits of £0.1m (unaudited) for the group in FY25.”
- “On 24 September 2024, OVG Europe Limited incorporated a subsidiary entity, OVG Mena Holdings Limited ADGM as a holding company to OVG Middle East Holdings Limited ADGM a 50.5% joint venture to expand into the Middle East. At the time of reporting, there are no material operations in these two entities.”
- “On 17 February 2025, Eastland Venue Services Limited became a 50% owned subsidiary of OVG Europe Limited and on the same date Eastland Venue Services Limited entered into two Manchester based food and beverage operating agreements which began operating on 1 April 2025.”
- “In May 2025, Sky Projects by Rhubarb LLC discontinued operating the Peak restaurant and agreed a two and a half year consultancy and management agreement with Peak, for $2.5m for the term.”
- “On 29 September 2025, OVG Middle East Holdings Limited ADGM acquired 100% share capital in Imperial Catering LLC - SPC, Imperial Catering LLC and Imperial Management Public Utilities - Sole Proprietorship LLC for consideration of £6,489,600. The wider impact the acquisition had upon group size, consolidation and profit and loss are being considered and cannot be accurately disclosed.”
- “On 30 June 2024, Hudson Yards by Rhubarb LLC was released from one of its leases (trading as Wild Ink).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRANGER, Christopher Scott | Director | 2025-11-17 | Jan 1971 | American |
| PATTON, Ade Jabari | Director | 2025-11-17 | Jan 1979 | American |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DONNELLY, Mark Stephen | Secretary | 2019-05-03 | 2026-02-24 |
| SONG, Christina | Secretary | 2018-05-03 | 2019-05-03 |
| LEIWEKE, Timothy, Mr | Director | 2018-05-03 | 2025-11-17 |
| LEIWEKE-BODIE, Francesca, Ms. | Director | 2018-05-03 | 2025-11-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Irving Azoff | Individual | Significant influence | 2018-05-03 | Ceased 2018-05-03 |
| Mr Timothy Leiweke | Individual | Significant influence | 2018-05-03 | Ceased 2018-05-03 |
| Azoff Msg Entertainment, Llc | Corporate entity | Voting 25–50% | 2018-05-03 | Ceased 2018-05-03 |
| Leiweke Group, Llc | Corporate entity | Voting 25–50% | 2018-05-03 | Ceased 2018-05-03 |
| Oak View Group, Llc | Corporate entity | Voting 75–100% | 2018-05-03 | Ceased 2018-05-03 |
Filing timeline
Last 20 of 41 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-18 | AA | accounts | Accounts with accounts type group | |
| 2026-02-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-18 | CH01 | officers | Change person director company with change date | |
| 2025-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-12 | ALLOTCORR | miscellaneous | Legacy | |
| 2025-03-21 | AA | accounts | Accounts with accounts type small | |
| 2024-11-04 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-10-29 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2024-10-10 | AD03 | address | Move registers to sail company with new address | |
| 2024-09-24 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-09-16 | AD02 | address | Change sail address company with new address | |
| 2024-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-06 | AA | accounts | Accounts with accounts type small | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 1
- Officers appointed
- 2
- Officers resigned
- 3
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.