Avenue Group Ltd

Avenue Group Ltd from Colnbrook, UK, is a small, active company established 42 years ago, in 1983. With 23 employees and £1,232,529 in assets, it’s a well-established player in its sector. The company has a real address and is managed by three directors and two owners, boasting a stellar 5.0 Google rating based on two reviews. Avenue Group Ltd is an irregular importer of plastics and plastic products, with just two months of import activity recorded, and a regular exporter of optical and medical tools and devices, with ten months of export activity.

The company operates from a Poyle Industrial Estate address and is involved in a diverse range of activities, including the manufacture of paints, varnishes, and sealants, acting as agents for various goods, and retail sales via mail order and internet. It also runs Avenue Tools Limited, indicating a possible diversification of business interests. The website, while not detailed, suggests a focus on industrial supplies and equipment.

Financially, Avenue Group Ltd presents a mixed picture. Cash bank on hand increased significantly by 39%, rising to £490,000, which is a positive sign. However, net assets also increased by 8.9% to £750,000. Creditors rose by 22%, reaching £540,000, and trade debtors increased by 15%, indicating potential challenges in managing short-term liabilities. Depreciation impairment for plant and machinery decreased by 21%, which could be a result of asset write-downs or changes in accounting policies. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no mention of an auditor, likely due to its small size and exemption from an audit.

Overall, Avenue Group Ltd appears to be a stable, long-standing business, but the increase in creditors and trade debtors warrants monitoring. The company’s diversified activities and strong export focus suggest a resilience to market fluctuations, but its financial health will depend on effectively managing its short-term obligations.

Registered in England/Wales under the registration number 01706168, with a registered address at SL3 0TW, Colnbrook, Slough Berkshire, 3 David Road, Poyle Industrial Estate.

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