Would one British squadron against one German squadron represent the battle both navies wanted?
Short answerNot really; each side wanted favourable concentration, with Germany seeking an isolated British force and Britain seeking to exploit its overall numerical superiority.
NotesAn even one-squadron duel does not represent the preferred strategic contest for either navy. Germany would rather bring its whole fleet against an isolated British formation. Britain, with the larger force, would prefer to outnumber the German fleet. The difficulty lay in creating the concentration and intelligence conditions that delivered a favourable imbalance.