Avant Electronics Ltd

Avant Electronics Ltd, based in Stowmarket, UK, is a small holding company with an active status, established thirteen years ago. The company employs seven people and holds assets valued at £4,811,626. It’s managed by two directors and has one owner, and operates from a real address shared by only two other companies. Avant Electronics is a regular importer and exporter of electrical machinery and equipment, with 331 months of import activity and 204 months of export activity recorded.

The company’s website reveals a focus on component sourcing for the electronics industry. Avant Electronics operates as a distributor, specializing in finding components, even obsolete ones, and offering services like component kitting, excess stock solutions, and online stock checks. It boasts a global network of suppliers and caters to customers seeking manufacturer-allocated devices or simply a better service. The website also highlights a search engine for available electronic components worldwide.

Financially, Avant Electronics Ltd has experienced some fluctuations. Accumulated depreciation has decreased by 19%, which could indicate a focus on maintaining existing equipment rather than significant new investments. Bank borrowings have seen a slight increase, while cash bank on hand has dramatically fallen by 82%—a concerning trend that suggests the company is using its cash reserves to fund operations. Creditors have also decreased significantly, which could be a positive sign of improved debt management. Despite these shifts, the company’s net assets have declined by 2%, and its sales marketing distribution average number of employees has remained steady. 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 drop in cash reserves warrants close monitoring. No auditor is mentioned, consistent with its status as a small, exempt company.

Registered in England/Wales under the registration number 07915400, with a registered address at IP14 5GZ, England, Stowmarket, Suffolk, Beta 1 The Buntings, Cedars Park.

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