Aavion Limited

Aavion Limited is a small, active company based in Chessington, UK, established seven years ago in 2017. With six employees and £289,166 in assets, it operates from a real address and is led by one director and two owners. The company regularly imports leather goods, travel bags, and animal harnesses (76 months of import activity), while also exporting clothing and accessories (22 months of export activity). It’s a non-specialised wholesale trade business, and the company’s website showcases a different side: AVION Systems Consulting Ltd, offering engineering management services, training, and consultancy to sectors like railways, aerospace, defence, and energy.

The website highlights a focus on systems engineering, offering services ranging from architecture design to project management and even eLearning programs. It appears the company leverages its engineering expertise to support a diverse range of clients, with a particular emphasis on complex, safety-critical projects. The website also features a portfolio of articles and case studies, demonstrating its thought leadership in the field.

Financially, Aavion Limited presents a mixed picture. While current assets have decreased by 43% to £290,000, cash reserves have fallen more dramatically—down 56% to £110,000. Bank borrowings have also decreased, falling 66% to £750. Creditors have seen a significant drop, falling 49%, suggesting improved debt management. However, trade debtors have plummeted 63%, which could indicate challenges in collecting payments. Equity, however, has increased significantly, jumping 42000%, to £32,000, which is a very positive sign. The company meets the criteria for being a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned.

The shift towards consulting and engineering services, as showcased on the website, could be a strategic move to diversify revenue streams and leverage its expertise. However, the decline in cash reserves and trade debtors warrants attention, and it will be interesting to see if the company can sustain its growth and profitability in the long term.

Registered in England/Wales under the registration number 10821110, with a registered address at KT9 2NY, England, Chessington, Unit 21 Barwell Business Park, Leatherhead Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.