AVERROES CAPITAL LIMITED - Profile & Financials

Accounts Submitted 9 Jun 2025

Confirmation Statement Submitted 29 Jan 2025

Net assets £-4.37M £1.11M 2024 year on year

Total assets £0.00 £3.08M 2024 year on year

Total Liabilities £-703.10K £7.04M 2024 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

77 Charlotte Street London W1T 4PW United Kingdom

Credit Report

Discover AVERROES CAPITAL LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2019–2024)

Cash in Bank

£1.63M

Increased by £415.66k (+34%)

Net Assets

-£4.37M

Decreased by £1.11M (-34%)

Total Liabilities

-£703.10k

Decreased by £7.04M (-111%)

Turnover

N/A

Employees

Debt Ratio

N/A

Decreased by 206 (-100%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share allotments and capital structure

4 Allotments 69,996 Shares £39320.18m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
28 Jun 2022	ORDINARY	33,701	£39317.84m	£1.17m
1 Sept 2020	ORDINARY	5,185	£333k	£64.29
22 Jan 2020	ORDINARY	20,740	£1.33m	£64.288
22 Jan 2020	ORDINARY	10,370	£667k	£64.288

Officers

5 active 1 resigned

Show resigned officers

						Status
Abdulatif Alfozan	Director	Saudi Arabian	Saudi Arabia	36	20 Feb 2020	Active
Abdulrahman Salah Alrashed	Director	Saudi Arabian	Saudi Arabia	38	20 Feb 2020	Active
Khaled Jafar	Director	Kuwaiti	Kuwait	39	20 Feb 2020	Active
Mohammad Saad Almojel	Director	British	United Kingdom	44	14 Dec 2018	Active
Nasser Alshawaf	Director	Saudi Arabian	Saudi Arabia	47	20 Feb 2020	Active

Shareholders

Shareholders (5)


Saleh Ali A Alturki	20.0%	25,499	Ordinary	29 Jan 2025
Salah Rashed A Alrashed	20.0%	25,499	Ordinary	29 Jan 2025
Rassmal Investments Llc	10.0%	12,749	Ordinary	29 Jan 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Mohammad Saad Almojel

Saudi Arabian

Active

Notified 14 Dec 2018

Residence England

DOB January 1982

Nature of Control

Ownership Of Shares 25 To 50 Percent
Voting Rights 25 To 50 Percent

See All Controllers

Group Structure

AVERROES CAPITAL LIMITED Current Company

ACL CARRIED INTEREST GP LLP united kingdom voting rights 25 to 50 percent limited liability partnership, right to share surplus assets 25 to 50 percent limited liability partnership

ACL CARRIED INTEREST LP united kingdom part right to share surplus assets 25 to 50 percent

ACL INVESTING LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

GLACIER TOPCO LIMITED united kingdom shares 50 to 75 percent, voting rights 50 to 75 percent

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
9 Jun 2025	Accounts	Annual accounts made up to 2024-12-31	View(9 pages)
29 Jan 2025	Confirmation Statement	Confirmation statement made on 2025-01-29 with updates	View(4 pages)
18 Jul 2024	Accounts	Annual accounts made up to 2023-12-31	View(9 pages)
16 Jul 2024	Capital	Allotment of shares (GBP 127,497) on 2024-06-01	View(4 pages)
11 Jul 2024	Capital	Allotment of shares (GBP 99,997) on 2024-06-01	View(4 pages)