Avalon Glen

Avalon Glen from Cardiff UK is a large holding company with an active status, established 31 years ago. The company boasts assets of £61,574,000 and operates from a real address, managed by two directors and overseen by three owners. It’s an irregular exporter, having shipped none for one month, with its last export operation occurring in February 2022.

Avalon Glen focuses on property investment solutions, both commercial and residential, across South Wales, southwest England, and London. Its website showcases a portfolio of properties, including residential projects like 28 Sydenham Lane, 12 St Michaels Hill, and 43 Kincraig Street. The company partners with various entities and provides contact information, including a phone number and email address. It’s a company that seems to be doing well.

Financially, Avalon Glen presents a mixed picture. While current assets increased by 44% to £62,000,000, net assets decreased by 14% to £73,000,000. Bank borrowings surged by 370% to £15,000,000, and cash reserves increased by 89% to £14,000,000. A significant increase in administrative expenses, up 16000%, to £640,000, is notable, as is a sharp decline in dividend income, down 97%, to just £3.8 million. Director remuneration also increased substantially, to £650,000. The company’s size (meeting two of three criteria for a large company) suggests a robust operation, but the fluctuating financials and increased expenses warrant closer scrutiny. The accounts are unaudited, and no auditor is mentioned.

Registered in England/Wales under the registration number 02885745, with a registered address at CF11 9HA, United Kingdom, Cardiff, Avalon House, 5-7 Cathedral Road.

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