Avalon Sciences Limited
- Small
- Active
- 37 years
- 45 employees
- £5,853,933 (assets)
- Real address
- 3 directors
- No owners
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Avalon Sciences Ltd, based in Somerton, UK, is a small, active company established 37 years ago. With 45 employees and £5,853,933 in assets, it’s a well-established player in its field. The company operates without officially listed owners, managed by three directors. Avalon Sciences is a regular importer and exporter, specializing in optical and medical tools and devices—a consistent activity spanning 80 months of imports and 167 months of exports.
The company’s core business revolves around borehole seismic technology, as showcased on its website. Avalon Sciences manufactures and supplies a range of equipment, including downhole tools, surface recorders, and software, catering to industries like oil and gas exploration, mining, and geothermal energy. The site highlights services like field support, training courses, and even dedicated testing facilities—a clear focus on providing comprehensive solutions. It’s not an e-commerce site, instead focusing on direct sales and service provision.
Financially, Avalon Sciences Ltd presents a mixed picture. While net assets grew by a solid 30% to £5,400,000, cash reserves saw a dramatic drop of 1200% to £1,500,000. Bank borrowings increased by a substantial 57%, reaching £430,000. Trade debtors also jumped significantly, up 73% to £1,500,000, which could indicate challenges in collecting payments or a strategic decision to offer extended credit terms. Creditors, however, decreased by 26%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in cash reserves warrants attention. The financial report was audited by Smith Heath Limited.
Overall, Avalon Sciences Ltd appears to be a stable, albeit cash-constrained, business. Its focus on specialized borehole seismic technology and comprehensive services positions it well in its niche market, but the company will need to address its cash flow situation to ensure long-term sustainability.
Registered in England/Wales under the registration number 02147892, with a registered address at TA11 6SB, Somerton, Somerset, Avalon House, Somerton Business Park.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Managers
-
Individual
- N/A
- 2
-
Resident of United Kingdom
-
Individual
- 15 years
- 2
-
Resident of United Kingdom
-
Individual
- 15 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Cessation of Sarah Tubridy as a person with significant control on 2024-05-29Download 1 page pdf report
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Cessation of Gary Valentine Tubridy as a person with significant control on 2024-05-29Download 1 page pdf report
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Notification of Hot Rocks Energy Limited as a person with significant control on 2024-05-29Download 2 pages pdf report
Avalon Sciences Limited controls
Owns & Controls
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Exporter profile by HS codes
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