Adveho Limited

Adveho Limited, based in Dorking, UK, is a small, active company founded nine years ago in 2015. With three employees and £228,829 in assets, it operates as a family business with three directors and owners. The company’s status is active, and it’s registered at a real address shared by just two other businesses. Adveho Limited is an irregular importer, primarily dealing in clothing and accessories made by knitting or crocheting, with two months of import activity recorded, the latest in February 2024. While its core business involves logistics, specifically sea and coastal freight water transport, it also operates in the import sector.

The company’s website is currently unavailable, making it difficult to ascertain the specifics of its online presence and sales channels. It’s unclear whether Adveho Limited operates an e-commerce site or relies solely on business-to-business transactions.

Financially, Adveho Limited presents a mixed picture. Current assets have increased by 15%, reaching £230,000, while cash bank on hand has also improved by 9%, now standing at £140,000. However, trade debtors have risen significantly by 27%, reaching £85,000, which could indicate challenges in collecting payments. Equity has also increased by 23%, reaching £170,000, which is a positive sign. Accumulated depreciation has increased by 24%, which is a normal trend. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited.

Despite the positive trends in assets and equity, the increase in trade debtors warrants attention. It’s possible that the company is extending credit terms to attract customers, or it could be facing difficulties in collecting payments. The company’s small size and family ownership structure suggest a lean operation, but the financial data indicates a need for careful management of working capital.

Registered in England/Wales under the registration number 09664941, with a registered address at RH4 1BQ, United Kingdom, Dorking, Surrey, 156 High Street.

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