Avensys Limited

Avensys Ltd, based in Crawley, UK, is a small, active company established 25 years ago. With 35 employees and £2,353,854 in assets, it’s a well-established player in its sector. The company boasts a real address and is overseen by two directors and one owner, though the owner list may not be exhaustive. It operates as a regular exporter of electrical machinery and equipment, having exported for six months, with the latest operation occurring in August 2024. However, it’s an irregular importer, having imported electrical machinery and equipment for just two months, with the last import in July 2023.

The company’s website, Avensys Retail Superstore, presents itself as a retailer of electrical household appliances and electronics, catering to both home and business customers. It offers a wide range of products, from televisions and audio systems to kitchen appliances and cameras. The site also features a commercial hire section and offers events and smart home solutions. It's clearly an e-commerce operation, with a focus on online sales and customer service, and even has a newsletter signup.

Financially, Avensys Ltd’s recent performance shows a mixed bag. Accumulated depreciation on property, plant, and equipment has increased, with Furniture Fittings Tools Equipment up 4.6%, Motor Vehicles up 9.9%, and Plant Machinery remaining steady. Bank borrowings have decreased significantly, with both overdrafts and loans down, suggesting improved cashflow management. Creditors have also decreased, indicating better debt control. However, net assets have fallen by 6.8%, and cash reserves have increased by 19%, which is a positive sign. 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 flexibility, but the decrease in equity warrants further observation. No auditor is mentioned, which is common for small companies.

Overall, Avensys Ltd appears to be a stable, if somewhat lean, operation. Its focus on retail and its regular export activities suggest a healthy business model, but the decrease in equity should be monitored closely.

Registered in England/Wales under the registration number 03976782, with a registered address at RH10 3QU, Crawley, West Sussex, Balmoral, Brookhill Road, Copthorne.

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