Electric Avenue Ltd
Registered name: ELECTRIC AVENUE LTD
Part of Aviva PLC groupElectric Avenue Ltd made £1.1m revenue and a £292k loss in the year to 31 Dec 2024.
Electric Avenue Ltd’s revenue fell 1% to £1.1m in the year to 31 Dec 2024, with a loss of £292k. The company is classified under “production of electricity” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 15 yrs · since 2011
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | |||
| Revenue (turnover) | £1.1m | £1.1m | £1.1m |
| Cost of sales | −£816k | −£870k | −£762k |
| Gross profit | £261k | £209k | £300k |
| Operating profit | £184k | £128k | £223k |
| Profit before tax | −£325k | −£381k | −£300k |
| Profit after tax | −£395k | −£357k | −£292k |
| Profit (best available) | −£395k | −£357k | −£292k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | −36.7% | −33.1% | −27.5% |
| Gross margin | 24.3% | 19.3% | 28.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.1% | ▼1.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −27.5%
- Profit ÷ revenue.
- Gross margin
- 28.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Aviva PLCultimate parent75–100%
- Aviva Group Holdings Limited75–100%
- Aviva Investors Holdings Limited75–100%
- Aviva Investors Real Estate Limited75–100%
- Aviva Investors Pip Solar PV (General Partner) Limited75–100%
- Aviva Investors Pip Solar PV NO.1 Limited75–100%
- Electric Avenue Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- 2015 Sunbeam LimitedFigures not disclosed
- Renewable Clean Energy 3 LimitedFigures not disclosed
- Spire Energy LtdFigures not disclosed
- Westcountry Solar Solutions LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£292k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026