How much does Avobar Ltd make?

Avobar Ltd reported revenue of £687k and a loss of £438k in the year to 31 Aug 2024, according to its accounts filed at Companies House.

How many employees does Avobar Ltd have?

Avobar Ltd reported an average of 20 employees in the year to 31 Aug 2024.

Is Avobar Ltd profitable?

No — Avobar Ltd reported a loss of £438k in the year to 31 Aug 2024.

Company No. 10931246 · Incorporated 24 Aug 2017

Avobar Ltd

Registered name: AVOBAR LTD

Avobar Ltd made £687k revenue and a £438k loss in the year to 31 Aug 2024.

Avobar Ltd’s revenue fell 36% to £687k in the year to 31 Aug 2024, with a loss of £438k and 20 employees. The company is classified under “licensed restaurants” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56101Licensed restaurants

Status: Liquidation
Location: London, London
Age: 9 yrs · since 2017
Type: Private Limited Company

Latest accounts · year to 31 Aug 2024

Key figures

Independent

Revenue

£687k

Growth ▼35.6%

Profit

−£438k

Growth —

Profit margin

−63.7%

Gross 59.7%

Employees

Change ▼23.1%

Profit / employee

−£21.9k

Revenue/employee £34.3k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2022	31 Aug 2023	31 Aug 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.1m	£1.1m	£687k
Cost of sales	£448k	£377k	£277k
Gross profit	£644k	£689k	£410k
Operating profit	−£446k	−£347k	−£438k
Profit before tax	−£446k	−£347k	−£438k
Profit after tax	−£446k	−£347k	−£438k
Profit (best available)	−£446k	−£347k	−£438k
Employees (average)	24	26	20
Ratios
Profit margin	−41.5%	−32.6%	−63.7%
Gross margin	59.9%	64.6%	59.7%
Revenue per employee	£44.8k	£41k	£34.3k
Profit per employee	−£18.6k	−£13.4k	−£21.9k
Growth (year on year)
Revenue growth	—	▼0.9%	▼35.6%
Headcount growth	—	▲8.3%	▼23.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£23.8k	£9.6k	£13.2k
Net assets	−£567k	−£915k	−£1.4m
Fixed assets	£310k	£240k	£228k
Current assets	£1.5m	£1.6m	£1.6m
Debtors	£204	£27	£0
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: −63.7%; Profit ÷ revenue.
Gross margin: 59.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £34.3k; Revenue ÷ average employees.
Profit per employee: −£21.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 33.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£1.4m
Cash at bank: ▲38%; Now £13.2k
Headcount: ▼23%; Now 20
Deferred income: —; Now —
Fixed assets: ▼5%; Now £228k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2024 (profit −£438k), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.