Avantis Hardware Ltd

Avantis Hardware Ltd, based in Rugeley, UK, is a small, active company founded seventeen years ago. With sixteen employees and £6,250,045 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company regularly imports miscellaneous metal items (251 months) and exports them (5 months), focusing on the manufacture of locks and hinges.

The company’s website showcases a range of high-security hardware, including door locks, window locks, furniture handles, and cylinder security products. It also highlights its "Smart Security" technology, integrating with Kubu smart systems. A key aspect of Avantis Hardware is its vertically integrated business model, designing, developing, and producing hardware in the UK and Malaysia, allowing for quick product development and distribution.

Financially, Avantis Hardware Ltd shows some interesting trends. Accumulated amortisation impairment of intangible assets grew by 84%, while accumulated depreciation impairment of property, plant, and equipment increased by 20%. Cash bank on hand decreased by 27%, and net assets increased by a substantial 65%. Trade debtors rose significantly by 37%, suggesting increased sales or extended credit terms. Although the company’s small size (meeting two of three criteria for being a small company) helps it remain agile, the increase in bank borrowings by 420% could indicate a need for additional funding. No auditor is mentioned, likely due to its status as a small company.

Registered in England/Wales under the registration number 06551845, with a registered address at WS15 1UZ, England, Rugeley, Staffordshire, 4th Floor, Tower Business Park, Wheelhouse Road.

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