Agvanced Installations Limited

Agvanced Installations Ltd, based in Dorchester, UK, is a small, active company founded 25 years ago in 2000. With nine employees and £282,860 in assets, it’s a family business led by three directors and two owners. The company holds a respectable 4.0-star Google rating based on three reviews and regularly imports machinery, boilers, and mechanical appliances – parts, with 7 months of import activity recorded.

The company operates in the electrical installation industries, and its website, though not detailed, suggests a focus on providing electrical services. 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. The company also owns Agv Retail Limited.

Financially, Agvanced Installations Ltd shows some concerning trends. While cash bank on hand increased by 17% to £57,000, current assets decreased by 3.3% to £280,000. Net assets, however, saw a significant boost, rising 67% to £22,000. Creditors decreased by 25% to £72,000, suggesting better debt management. Bank borrowings increased by 8.8% to £37,000. The company’s net current assets liabilities increased by 110% to -£65,000. The company is exempt from audit as a small company.

The increase in bank borrowings and the negative net current assets liabilities suggest the company may be burning through cash, although the increase in net assets is a positive sign. The company’s small size allows for agility, but the financial data warrants careful monitoring.

Registered in England/Wales under the registration number 04003084, with a registered address at DT2 7TU, Dorchester, Dorset, Bourne Park, Piddlehinton.

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