Avenue 85 Limited

Avenue 85 Ltd from High Peak UK: small company, active status, founded 16 years ago, 16 employees, £2,085,533 assets, virtual address, 2 directors, 2 owners, family business, e-commerce site, google rating 5.0 based on 124 reviews. Regular importer of animal feed and food waste (4 months imported). Regular exporter of footwear and related items (32 months exported). It’s a small, family-run business with a strong online presence, operating from a virtual address in High Peak, Derbyshire. The company, founded in 2008, employs 16 people and boasts a stellar 5.0 Google rating based on over 120 reviews, indicating high customer satisfaction. Avenue 85 Ltd regularly imports animal feed and food waste, and exports footwear and related items, demonstrating a diverse trading profile.

The company’s website, Avenue85.co.uk, is a fully-fledged e-commerce platform offering a wide range of outdoor clothing and footwear for men, women, and children. It caters to a broad audience, selling everything from waterproof jackets and walking boots to swimwear and accessories. The site features a user-friendly interface, detailed product descriptions, and a variety of payment options. It’s clear the company is investing heavily in its online presence, with a blog offering advice on outdoor activities and gear. The site also has a comprehensive list of brands, from Asolo and Jack Wolfskin to Vans and Trespass.

Financially, Avenue 85 Ltd presents a mixed picture. While assets remain substantial at £2,085,533, there are some concerning trends. Bank borrowings increased significantly, by 1,500%, reaching £37,000, while cash reserves decreased by 33%, falling to £120,000. Trade debtors also rose by 110%, suggesting potential issues with customer payments. However, creditors decreased by 10%, which could indicate improved 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 flexibility, but the rise in debt warrants closer monitoring. As a small company, Avenue 85 Ltd is exempt from a full audit, so these figures rely on unaudited director’s reports.

Overall, Avenue 85 Ltd appears to be a well-regarded e-commerce business with a strong focus on outdoor apparel and footwear. While the financial data reveals some challenges, the company’s positive customer reviews and diverse product range suggest it has the potential to weather these pressures. The family ownership and commitment to quality are likely key factors in its success, though it's important to note that the virtual address raises questions about operational efficiency.

Registered in England/Wales under the registration number 06588042, with a registered address at SK22 3EL, High Peak, Derbyshire, 45 Union Road, New Mills.

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