Avanti Lighting Limited

Avanti Lighting Ltd from Birmingham UK: a small, active company founded seven years ago, employs just two people, and holds £263,013 in assets. It's run by two directors and two owners, and operates as an irregular importer, mainly dealing in furniture, lighting, and prefabricated buildings—though only for a couple of months in 2018.

The company’s website paints a picture of a lighting distributor offering a wide range of products, from LED downlights to bespoke Venetian chandeliers. It caters to various sectors, including office, healthcare, industrial, and retail, with a particular focus on energy-efficient solutions and custom lighting schemes. It's clear that Avanti Lighting isn't just a distributor; it also offers design services and even refurbishes existing lighting systems—like those old Geartray units. The website prominently features an e-commerce section, encouraging customers to "buy online" for express delivery, and even has a section for AmberLED products, perfect for wildlife conservation.

Financially, Avanti Lighting’s report reveals a mixed bag. While current assets increased by 16% to £260,000, net assets decreased by 59% to -£60,000. Bank borrowings increased by 2.5%, reaching £10,000, and cash reserves fell 24% to £83,000. Creditors, however, decreased by 12%, which is a positive sign. The company’s small size—meeting two of three criteria for being considered small—helps it stay nimble, but the significant drop in equity is concerning. The company’s turnover is under £10.2 million, balance sheet total is under £5.1 million, and it has fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Avanti Lighting appears to be navigating a period of financial pressure. While its diverse product range and design services suggest a solid business model, the declining equity and reliance on bank borrowings raise questions about its long-term sustainability. It’s likely that the company is working to improve its profitability and manage its debt, but it’s a situation worth watching closely.

Registered in England/Wales under the registration number 10983094, with a registered address at B24 8TL, England, Birmingham, West Midlands, Unit 73 - 76 Standard Way Gravelly Industrial Park.

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