AVIS BUDGET UK LIMITED

AVIS BUDGET HOUSE, PARK ROAD, BRACKNELL, BERKSHIRE, ENGLAND, RG12 2EW

Previous name: AVIS RENT A CAR LIMITED (changed on 03-Dec-2012)

Company Number: 00802486
Incorporation date: 24-Apr-1964
Status: Active
Entity type: Private Limited Company

SIC codes:
77110 Renting and leasing of cars and light motor vehicles





SUMMARY

This company is 61 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 16 million which has increased from GBP 85 thousand in the previous year. The latest reported revenue figure is GBP 169.8 million which is up 10% on previous year's figure of GBP 158.6 million. Retained earnings is negative (GBP -162.3 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 19 other companies. The company has no public disputes filed on the Business Disputes Register. There is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2025
Accounts Filed: FULL (31-Dec-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2018 GBP 169,765,000 -3,373,000 8,353,000 17,000 -11,109,000
31-Dec-2017 GBP 158,593,000 -5,207,000 -10,314,000
31-Dec-2016 GBP 155,574,000 -307,000 8,949,000 6,449,000
31-Dec-2015 GBP 152,721,000 9,227,000 1,049,000 829,000
31-Dec-2014 GBP 158,745,000 -4,998,000 9,655,000 -8,543,000
31-Dec-2013 GBP 156,852,000 -6,867,000 6,803,000 -13,841,000
31-Dec-2012 GBP 146,442,000 -19,278,000 10,533,000 6,961,000 -22,138,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2018 GBP 11,292,000 101,382,000 313,336,000 138,650,000 39,683,000 -162,325,000 16,008,000
31-Dec-2017 GBP 4,461,000 91,851,000 298,235,000 108,650,000 39,683,000 -148,248,000 85,000
31-Dec-2016 GBP 17,362,000 295,603,000 486,788,000 88,650,000 39,683,000 -137,164,000 -8,831,000
31-Dec-2015 GBP 953,000 153,962,000 349,309,000 141,000 88,650,000 39,683,000 17,581,000
31-Dec-2014 GBP 5,487,000 88,311,000 266,720,000 242,000 88,650,000 39,683,000 13,207,000
31-Dec-2013 GBP 1,016,000 82,737,000 265,856,000 343,000 63,650,000 39,683,000
31-Dec-2012 GBP 426,000 76,555,000 263,004,000 445,000 63,650,000 39,683,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2018 GBP 21.64% 30,000,000 108,650,000 138,650,000 115,773,500
31-Dec-2017 GBP 18.41% 20,000,000 88,650,000 108,650,000 87,738,500
31-Dec-2014 GBP 28.20% 25,000,000 63,650,000 88,650,000 73,191,000
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Inderpal LALL 20 Jul 2018 26 Apr 2025 1 - 0
Resigned Thomas Matthew MANNION 20 Jul 2018 03 Feb 2020 0 - 1
Resigned BROUGHTON SECRETARIES LIMITED 03 Jul 2013 07 Nov 2016 217 - 473
Resigned Gail Marion JONES 27 Mar 2013 20 Jul 2018 0 - 1
Resigned Judith Ann NICHOLSON 01 Jan 1999 27 Mar 2013 British 0 - 73
Resigned William Jeremy SYKES 31 Dec 1998 British 1 - 12

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active David Thomas CALABRIA 15 Oct 2024 Treasurer And Svp Of Corporate Finance American 19 - 00 (0.0%)
Active Alan Christopher OLIVIER-SMITH 31 Dec 2021 General Manager English 6 - 00 (0.0%)
Resigned Jason Christopher Godsell TURNER 14 Aug 2019 31 Dec 2021 Finance Director British 1 - 3711 (28.9%)
Resigned Nina Anne BELL 16 Mar 2016 31 Dec 2021 Managing Director British 0 - 419 (22.0%)
Resigned Paul Leslie FORD 16 Dec 2015 15 Oct 2024 Chartered Accountant British 0 - 321 (3.1%)
Resigned Mark Jeffrey SERVODIDIO 27 Jan 2014 16 Mar 2016 Company Director United States 0 - 70 (0.0%)
Resigned Mark John KIGHTLEY 08 Jan 2014 14 Aug 2019 Accountant British 1 - 111 (8.3%)
Resigned Martyn Robert SMITH 30 Jul 2012 16 Dec 2015 Accountant British 8 - 5412 (19.4%)
Resigned Rajiv SACHDEVA 23 May 2012 23 Oct 2012 Accountant British 0 - 4312 (27.9%)
Resigned Kaye CEILLE 01 Mar 2012 28 Feb 2014 Managing Director Usa 0 - 31 (33.3%)
Resigned Renato Luigi Romolo DE LUSSU 15 Oct 2010 08 Jan 2014 Finance Director Italian 0 - 31 (33.3%)
Resigned Paul Leslie FORD 25 Jun 2008 23 May 2012 Chartered Accountant British 2 - 3811 (27.5%)
Resigned Kevin Michael BRADSHAW 05 Nov 2007 27 Jan 2012 Company Director British 11 - 17538 (20.4%)
Resigned Gary Neil SMITH 01 Jul 2007 15 Oct 2010 Finance Director British 10 - 2017 (56.7%)
Resigned Michael MCENANEY 16 May 2005 25 Jun 2008 Finance Director British 0 - 97 (77.8%)
Resigned Stuart James Ashley GENT 08 Dec 2004 16 Mar 2007 Company Director British 0 - 40 (0.0%)
Resigned Stuart Barry David FILLINGHAM 12 Aug 2004 12 Apr 2013 Accountant British 4 - 4814 (26.9%)
Resigned Nina Anne BELL 12 Aug 2004 21 Jun 2007 Accountant British 0 - 419 (22.0%)
Resigned Robert Alastair Parker BRETT 23 Jun 2004 28 Apr 2005 Company Director British 0 - 10 (0.0%)
Resigned Richard John COATES 01 Nov 2003 12 Aug 2004 Vice President British 0 - 5013 (26.0%)
Resigned Martyn Robert SMITH 31 Oct 2002 12 Aug 2004 Accountant British 8 - 5412 (19.4%)
Resigned Michael Steven GRAHAM 02 Jan 2002 30 Jan 2004 Finance Director British 15 - 202 (5.7%)
Resigned Michael Joseph WHITE 30 Oct 2001 05 Dec 2004 Director American 0 - 52 (40.0%)
Resigned Luke MEDLEY 30 Jul 1999 31 May 2001 Managing Director British 0 - 10 (0.0%)
Resigned Mark MCCAFFERTY 01 Feb 1999 01 Nov 2003 Chief Executive British 5 - 5217 (29.8%)
Resigned Christopher Ian COWAN 01 Jan 1999 11 Apr 2002 Group Finance Director British 0 - 5223 (44.2%)
Resigned Mark Alexander THOMPSON 01 Dec 1996 31 Aug 2000 Accountant British 0 - 40 (0.0%)
Resigned Georges Henri Pierre SAMPEUR 07 May 1996 30 Jul 1999 Company Director French 0 - 10 (0.0%)
Resigned David Ossian MALONEY 01 Nov 1993 31 Dec 1998 Group Finance Dir British 0 - 149105 (70.5%)
Resigned Ian WARDLE 04 Jun 1993 30 Nov 1996 Director British 0 - 2010 (50.0%)
Resigned Keith Francis DYER 16 Dec 1991 31 Mar 1999 Business Executive British 0 - 41 (25.0%)
Resigned William Alun CATHCART 03 May 1991 31 Jan 1999 Company Director British 0 - 6417 (26.6%)
Resigned Kenneth George HANNA 01 Nov 1993 Company Director British 1 - 5115 (28.8%)
Resigned Keith Francis DYER 31 Mar 1999 Business Executive British 0 - 41 (25.0%)
Resigned Ian WARDLE 30 Nov 1996 Director British 0 - 2010 (50.0%)
Resigned William Alun CATHCART 31 Jan 1999 Company Director British 0 - 6417 (26.6%)
Number of active directors: 2
Average tenure of active directors: 1.9 years
Average tenure of resigned directors: 3.3 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
AVIS BUDGET UK LIMITED (00802486) - Active
AVIS BUDGET SERVICES LIMITED (01972749) - Active
AVIS EUROPE HOLDINGS LIMITED (01995619) - Active
AB GROUP FINANCIAL SERVICES LIMITED (02059740) - Active
AVIS FINANCE COMPANY LIMITED (02123807) - Active
AVIS EUROPE RISK MANAGEMENT LIMITED (02789282) - Active
AVIS BUDGET EMEA LIMITED (03311438) - Active
AVIS ASIA LIMITED (03342762) - Active
AVIS AFRICA LIMITED (03342802) - Active
AVIS EUROPE AND MIDDLE EAST LIMITED (03342822) - Active
ZIPCAR (UK) LIMITED (04525217) - Active
ZODIAC EUROPE LIMITED (04634240) - Active
ZODIAC EUROPE FINANCE COMPANY LIMITED (04664457) - Active
AE HOLDCO LIMITED (07665598) - Active
AE CONSOLIDATION LIMITED (07666089) - Active
GAMESPLUG LTD (14043973) - Active
ACL HIRE LIMITED (SC185801) - Active
MCNICOLL VEHICLE HIRE LTD. (SC414679) - Active
MCNICOLL VEHICLE SALES LIMITED (SC432053) - Active
CSD1 LTD (SC479810) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-11-192019-11-192018-11-192015-11-192014-11-19
AVIS EUROPE OVERSEAS LIMITEDORDINARY141,150,100
100%
138,650,100
100%
108,650,100
100%
88,650,100
100%
88,650,100
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2016-02-122015-02-122014-02-122013-02-12
AVIS BUDGET UK LIMITEDORDINARY1,000
100%
1,000
100%
1,000
100%
1,000
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

AVIS BUDGET UK LIMITED

Controlled companies below

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2024-07-01 2024-12-31 50 17% 45% 94958
2024-01-01 2024-06-30 56 22% 68% 86681
2023-07-01 2023-12-31 31 11% 34% 80418
2023-01-01 2023-06-30 35 14% 33% 74565
2022-07-01 2022-12-31 41 11% 40% 68847
2022-01-01 2022-06-30 52 16% 48% 61364
2021-07-01 2021-12-31 95 27% 59% 54962
2021-01-01 2021-06-30 104 33% 67% 47985
2020-07-01 2020-12-31 58 25% 71% 40193
2020-01-01 2020-06-30 60 21% 47% 33551
2019-07-01 2019-12-31 45 14% 35% 27067
2019-01-01 2019-06-30 38 9% 41% 20073
2018-07-01 2018-12-31 45 12% 37% 11933
2018-01-01 2018-06-30 41 15% 46% 4881


COURT CASES


Date Title Reference Subject
2018-07-31 Mr K Nikolov v Avis Budget UK Ltd and Mr Haitham Elmasri [2018] UKET 2403974/2018 Race Discrimination

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 77110 Renting and leasing of cars and light motor vehicles)

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LEX AUTOLEASE LIMITED 25 GRESHAM STREET, LONDON, EC2V 7HN 01090741 2017-12-31 2,174,366,000 129,378,000 82990-Other business support service activities not elsewhere classified
LEASEPLAN UK LIMITED 165 BATH ROAD, SLOUGH, BERKSHIRE, SL1 4AA 01397939 2017-12-31 976,915,000 37,030,000
ENTERPRISE RENT-A-CAR UK LIMITED ENTERPRISE HOUSE, VICARAGE ROAD, EGHAM, ENGLAND, TW20 9FB 02946689 2017-07-31 820,690,000 150,147,000
ALD AUTOMOTIVE LIMITED OAKWOOD DRIVE, EMERSONS GREEN, BRISTOL, ENGLAND, BS16 7LB 00987418 2017-12-31 767,722,000 40,853,000
ARNOLD CLARK FINANCE LIMITED. 454 HILLINGTON ROAD, GLASGOW, SCOTLAND, G52 4FH SC039597 2017-12-31 544,423,000 8,053,000
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EUROPCAR GROUP UK LIMITED 1 GREAT CENTRAL SQUARE, LEICESTER, ENGLAND, LE1 4JS 01089053 2017-12-31 340,678,000 -36,433,000
NORTHGATE VEHICLE HIRE LIMITED NORTHGATE CENTRE, LINGFIELD WAY, DARLINGTON, ENGLAND, DL1 4PZ 01434157 2018-04-30 263,780,000 12,043,000
TUSKERDIRECT LIMITED BUILDING 4 HATTERS LANE, CROXLEY GREEN BUSINESS PARK, WATFORD, HERTFORDSHIRE, UNITED KINGDOM, WD18 8YF 03864648 2017-12-31 167,502,627 6,183,409
HERTZ (U.K.) LIMITED HERTZ HOUSE 11 VINE STREET, UXBRIDGE, MIDDLESEX, UB8 1QE 00597994 2017-12-31 156,745,000 -6,746,000
BURNT TREE GROUP LIMITED STEVE YOUNG, ENTERPRISE HOUSE, VICARAGE ROAD, EGHAM, SURREY, TW20 9FB 02384046 2017-07-31 142,862,000 37,138,000 77120-Renting and leasing of trucks and other heavy vehicles
KINDERTONS LIMITED KINDERTONS HOUSE, MARSHFIELD BANK, CREWE, CHESHIRE, CW2 8UY 03711080 2018-02-28 137,563,000 11,567,000 82200-Activities of call centres
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SCOT GROUP LIMITED SCOT HOUSE MATFORD PARK ROAD, MARSH BARTON TRADING ESTATE, EXETER, EX2 8AW 01425565 2018-03-31 116,062,000 22,252,000
S.H.B. HIRE LIMITED ENTERPRISE HOUSE, VICARAGE ROAD, EGHAM, ENGLAND, TW20 9FB 01391731 2017-12-31 105,364,908 9,143,938 77120-Renting and leasing of trucks and other heavy vehicles
BABCOCK CRITICAL SERVICES LIMITED C/O DWF LLP SENTINEL, 103 WATERLOO STREET, GLASGOW, SCOTLAND, SCOTLAND, G2 7BW SC046710 2018-03-31 105,191,000 16,437,000
AMEY FLEET SERVICES LIMITED CHANCERY EXCHANGE, 10 FURNIVAL STREET, LONDON, UNITED KINGDOM, EC4A 1AB 00462578 2017-12-31 79,185,000 9,728,000 77120-Renting and leasing of trucks and other heavy vehicles
84110-General public administration activities
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NEXUS VEHICLE MANAGEMENT LTD. 141 RICHARDSHAW LANE, STANNINGLEY, PUDSEY, WEST YORKSHIRE, LS28 6AA 03833617 2017-09-30 58,605,750 4,769,419
NETWORK SERVICES (NATIONWIDE) LIMITED 17A THORNEY LEYS PARK, WITNEY, OXFORDSHIRE, OX28 4GE 02609837 2017-12-31 50,012,789 1,611,648 82200-Activities of call centres
CAR HIRE (DAY OF SWANSEA) LIMITED C E M DAY LIMITED, SWANSEA ROAD, GORSEINON, SWANSEA, SA4 4LL 00571025 2017-12-31 48,984,000 5,055,000
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A & R CARRIAGE HIRE LTD 167-169 GREAT PORTLAND STREET, GREAT PORTLAND STREET, LONDON, ENGLAND, W1W 5PF 09484025 2018-04-30 11,100 0 99999-Dormant Company
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AR RENTAL SOLUTIONS LTD ABDUR REHMAN, 79A QUEENS ROAD, QUEENS ROAD, SOUTHALL, ENGLAND, UB2 5AZ 10554619 2018-01-31 9,400 0
EUROBEECH LIMITED 23 MEADWAY COURT, SOUTHWICK, BRIGHTON, WEST SUSSEX, BN42 4SL 05889691 2018-11-27 8,211 0
MEMORY MAKERS CLASSIC CAMPERVAN HIRE LTD 36 EASTHEATH AVENUE, WOKINGHAM, UNITED KINGDOM, RG41 2PJ 10388815 2018-10-31 2,964 0
RAPID REPLACEMENT HIRE LTD UNIT 4, ST. AGATHAS ROAD, COVENTRY, ENGLAND, CV2 4DX 10344663 2018-08-31 2,583 0
T AND T LEASING LTD 7 FFORDD GLYN, MOLD, FLINTSHIRE, WALES, CH7 1GZ 08071767 2018-05-31 1,500 0
ROAD TRIP CAMPERVAN HIRE LTD 4A LONDON LANE, RAWDON, LEEDS, WEST YORKSHIRE, UNITED KINGDOM, LS19 6BR 10398272 2018-09-30 933 0
AMVALE LIMITED UNIT 1 C/D BIRKDALE ROAD, SOUTH PARK INDUSTRIAL ESTATE, SCUNTHORPE, N LINCS, UNITED KINGDOM, DN17 2AU 01922352 2018-03-31 0 0
N.L. COMMERCIALS LIMITED FOURTH FLOOR TORONTO SQUARE, TORONTO STREET, LEEDS, LS1 2HJ 04222648 2017-06-30 0 0 77120-Renting and leasing of trucks and other heavy vehicles
SEEKERS MOTORHOMES LIMITED 43 CONISCLIFFE ROAD, DARLINGTON, CO. DURHAM, UNITED KINGDOM, DL3 7EH 05636766 2018-02-28 0 0
WILLIAMS SELF DRIVE SERVICES LIMITED EAGLE PLANT, BEECHING CLOSE, CHARD, ENGLAND, TA20 1BB 01341471 2018-12-31 0 0
ALD AUTOMOTIVE GROUP LIMITED OAKWOOD DRIVE, EMERSONS GREEN, BRISTOL, UNITED KINGDOM, BS16 7LB 03120091 0000-00-00 0 0
HAMSARD 3352 LIMITED BUILDING 4 HATTERS LANE, CROXLEY GREEN BUSINESS PARK, WATFORD, HERTFORDSHIRE, UNITED KINGDOM, WD18 8YF 09257269 0000-00-00 0 0
HAMSARD 3353 LIMITED BUILDING 4 HATTERS LANE, CROXLEY GREEN BUSINESS PARK, WATFORD, HERTFORDSHIRE, UNITED KINGDOM, WD18 8YF 09257308 0000-00-00 0 0
INULA HOLDING UK LIMITED 165 BATH ROAD, SLOUGH, BERKSHIRE, SL1 4AA 03138881 0000-00-00 0 0
UNITED KENNING RENTAL GROUP LIMITED KEYPOINT, 17-23 HIGH STREET, SLOUGH, ENGLAND, SL1 1DY 02942541 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
AVIS BUDGET UK LIMITED 0.7% 3.7% 6.9% Medium
Other companies Active in the same sector 1.1% 6.1% 11.1% Medium
Age 0.4% 1.4% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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