Avantifix Ltd

Avantifix Ltd, based in Leeds, UK, is a small, active family business established five years ago. With nine employees and £920,574 in assets, it’s a modest operation overseen by four directors and two owners. The company boasts a stellar 5.0 Google rating from 23 reviews, reflecting positive customer experiences. It’s a regular importer of basic metal tools and utensils, with 119 months of import activity recorded, the latest in February 2025.

The company operates in the agents involved in the sale of timber and building materials, the wholesale of hardware, plumbing and heating equipment and supplies industries. It’s a tight-knit operation, with a real registered address and a focus on providing quality products to its customers. While it doesn't appear to have a dedicated website, its presence on company directories suggests a business-to-business focus.

Financially, Avantifix Ltd shows a mixed picture. Current assets decreased by 9%, dropping to £920,000, while net assets fell 7.7% to £380,000. Bank borrowings decreased by 36%, settling at £18,000, and cash reserves plummeted 70% to £20,000. Creditors decreased by 12%, which is a positive sign, suggesting better 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) helps it stay agile, but the drop in equity raises some questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's reliance on importing suggests a sensitivity to global supply chain fluctuations. The decrease in cash reserves, while concerning, could be due to investments in inventory or expansion. It’s likely that the company is holding steady, but needs to keep a close eye on its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 12228510, with a registered address at LS26 0RS, England, Leeds, Bridge Works Wood Lane, Rothwell.

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