Advent Tools Limited

Advent Tools Ltd, based in Warwickshire, UK, is a small, family-run business with an active trading status. Founded 20 years ago, the company employs eleven people and holds £903,987 in assets. It has a real registered address and is managed by three directors and two owners. The business regularly imports optical and medical tools and devices—a consistent activity spanning 43 months, with the latest import in September 2024—and occasionally exports miscellaneous manufactured goods, with three months of export activity recorded as of December 2023.

The company operates as an agent specializing in the sale of other particular products, and its website is not available. This suggests a business-to-business model, relying on direct sales rather than a consumer-facing online presence. It’s a small company, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees).

Financially, Advent Tools Ltd shows some concerning trends. Current assets have decreased by 11% to £900,000, while net assets remained steady at £910,000. Bank borrowings have increased by 14%, reaching £73,000, and cash reserves have fallen by 60% to £6,900. Creditors have also decreased by 20%, suggesting better debt management. The company’s trade debtors have decreased by 35%, which could be a good sign, or it could indicate a slowdown in sales. The increase from depreciation charge for property, plant, and equipment has remained consistent, and the company's net current assets liabilities have decreased by 1.1%. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Advent Tools Ltd is facing some financial pressures, although its steady import activity and family ownership suggest a resilient business. Whether it can maintain its position in the market remains to be seen, but its long-standing presence and specialized services provide a solid foundation.

Registered in England/Wales under the registration number 05347346, with a registered address at B46 1HG, Warwickshire, Unit 8 Roman Way, Coleshill.

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