Aviteq Uk Ltd

Aviteq Uk Ltd from Sheffield UK is a small holding company with an active status, founded eight years ago in 2017. The company employs three people and holds £143,797 in assets, operating from a real address at 63 Napier Street. It’s managed by three directors and owned by one individual. Aviteq Uk Ltd regularly imports machinery, boilers, and mechanical appliances, parts, with 34 months of import activity recorded.

The company’s website reveals a diverse range of products and services, including vibration technology, conveyor systems, sieving equipment, and weighing technology. It caters to various industries, such as glass manufacturing, food processing, plastics, construction, and steel production. It’s clear that Aviteq is a supplier of industrial components and systems, rather than a direct-to-consumer retailer. The site emphasizes expertise, custom engineering, and a commitment to quality—hallmarks of a B2B industrial supplier.

Financially, Aviteq Uk Ltd’s recent performance shows some concerning trends. Current assets decreased by 17% to £140,000, while net assets also declined, dropping 3.7% to -£84,000. Bank borrowings remained relatively stable, but cash reserves fell 48% to £60,000. Trade debtors decreased significantly, by 37%, which could indicate improved collection efforts, or perhaps a slowdown in sales. Creditors, however, increased by 12%, which might be due to increased purchasing or delayed payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay flexible, but the negative equity raises questions about its long-term financial health. As a small company, it’s likely exempt from an external audit, meaning the figures are unaudited.

Overall, Aviteq Uk Ltd appears to be a specialized industrial supplier facing some financial pressures. Its focus on vibration and sieving technology, coupled with its B2B model, suggests a niche market, but the declining equity needs to be addressed for sustainable growth.

Registered in England/Wales under the registration number 10753850, with a registered address at S11 8HA, England, Sheffield, South Yorkshire, 63 Napier Street.

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