Avat Ltd

Avat Ltd, based in Reading, UK, is a small, family-run business with an active trading status. Founded 22 years ago in 2002, it employs just three people and holds £372,513 in assets. Operating from a virtual address shared by many other companies, the business is led by one director and two owners. It has a Google rating of 3.0 based on a single review. Avat Ltd is an irregular importer, primarily dealing in electrical machinery and equipment, with the latest import activity recorded two months ago.

The company's website describes Avat Ltd as specialists in audio visual technology, providing solutions for businesses, education, and residential clients. They offer services including audio-visual conferencing, digital signage, control systems, and video walls. Their website highlights partnerships with recognized AV brands and emphasizes value-added services. The company also showcases case studies, including projects for Costa Group, Network Homes, and Whitbread, demonstrating its experience in delivering audiovisual solutions across diverse sectors.

Financially, Avat Ltd presents a mixed picture. Cash reserves decreased by 17% to £300,000, while current assets fell by 7% to £370,000. Bank borrowings, however, remained stable. Trade debtors increased significantly by 76%, which could indicate growing sales but also potential challenges in collecting payments. Creditors decreased slightly, 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) allows for agility, but the decrease in equity—falling 6.7% to £200,000—raises questions. With no auditor mentioned, the figures are unaudited.

Overall, Avat Ltd appears to be navigating a period of change. While its website showcases a strong focus on technology and client relationships, the financial data suggests a need to carefully manage cash flow and maintain profitability.

Registered in England/Wales under the registration number 04447941, with a registered address at RG7 1WY, England, Reading, Berkshire, Wyvols Court Basingstoke Road, Swallowfield.

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