Alvanon Uk Limited

Alvanon Uk Limited, based in London, is a small, active company established twenty years ago in 2004. With five employees and £433,777 in assets, it operates from a virtual address—a fact highlighted by the presence of eleven other companies registered at the same location. The company has three directors but no reported owners, and boasts a perfect 5.0 Google rating based on one review. It's a regular importer, primarily bringing in miscellaneous manufactured goods, with its last import activity recorded four months ago.

The company’s website is unavailable, making it difficult to determine its specific online presence or e-commerce activities. However, it’s known to operate within the wholesale of textiles industries.

A review of Alvanon Uk Limited’s financial data reveals a mixed picture. Cash reserves have significantly decreased by 38%, falling to £370,000. Current assets have also declined by 37%, reaching £430,000. On the other hand, creditors have increased by 44%, reaching £360,000. The company’s equity has also seen a decrease of 20%, now standing at -£450,000. Bank borrowings have seen a dramatic decrease of 95%, now only £3,600. Despite these challenges, the company’s small size—meeting two of three conditions for being classified as small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees)—allows for flexibility. The lack of an auditor mentioned likely means the company is exempt from an audit as a small company.

The company’s financial performance suggests it's facing some pressures, although it’s not clear if it’s burning through money or simply navigating a period of adjustment. The decrease in cash reserves and the negative equity are concerning, but the decrease in bank borrowings is a positive sign.

Registered in England/Wales under the registration number 05231215, with a registered address at E1W 1YW, England, London, Quadrant House, Floor 6, 4 Thomas More Square.

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