Avatan Handling Equipment Limited

Avatan Handling Equipment Ltd, based in North Harrow, UK, is a small, holding company with an active status. Founded sixteen years ago in 2009, it employs just two people and maintains a real address at the Harrow Business Centre. The company is led by one director and one owner, and enjoys a stellar 5.0 Google rating from seven reviews. It’s an irregular importer of iron or steel products, with its last import operation dating back to June 2022.

The company’s website showcases a wide range of storage solutions, from steel pallets and stillages to racking and containers. It operates primarily as a supplier, offering both sales and rental options for industrial equipment. The site features a comprehensive product catalog, customer reviews, and a blog providing insights into storage best practices. It appears to be a B2B operation, focusing on serving industrial clients rather than direct consumers. There’s no obvious e-commerce functionality – instead, the website directs visitors to request a quote.

Financially, Avatan Handling Equipment Ltd presents a mixed picture. While cash bank on hand has decreased significantly by 54%, dropping to £33,000, debtors have increased by 18%, reaching £76,000. Creditors have also decreased by 19%, falling to £61,000. Equity has remained relatively stable, holding at £100, but total assets less current liabilities have declined by 17%, settling at £210,000. Finished goods and goods for resale have also decreased by 16%, now at £150,000. The company meets the criteria for a small company, having turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is typical for a company of this size.

The decrease in cash reserves and overall assets suggests Avatan Handling Equipment Ltd may be experiencing some financial pressure, but the increase in debtors could indicate growing sales. It's possible the company is investing in inventory or expanding its operations, which could explain the dip in cash. The parent company, Avatan Holdings Ltd, is mentioned in the financial statements, suggesting a broader corporate structure.

Registered in England/Wales under the registration number 06858300, with a registered address at HA1 4HN, England, North Harrow, Harrow Business Centre, 429-433 Pinner Road.

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