Avoca Services Limited.

Avoca Services Limited, based in Trafford Park, UK, is a holding company with an active status, celebrating 25 years since its founding in 1999. The company employs 22 people and holds assets valued at £7,345,665. It operates from a real address and is led by two directors and two owners, representing a family business. A Google rating of 4.0 based on six reviews suggests a positive customer perception. The company regularly imports textile padding, felt, and nonwoven fabrics, special yarns, ropes, and cables (last import September 01, 2022), and exports electrical machinery and equipment (last export November 01, 2023) for a considerable period of 87 months.

Avoca Group Services and Avoca Technical Limited are the two divisions operating from Trafford Park, both serving distinct markets. Avoca Services specializes in producing sewn gauntlet material for battery manufacturers, boasting a capacity of 15 million linear meters per year, making it one of Europe’s largest producers. Investment in state-of-the-art technology allows for bespoke solutions and high repeat business. Avoca Technical, meanwhile, supplies industrial textiles to furniture and bedding industries, developing new applications and sourcing materials. Sales staff provide technical advice, and partnerships have led to a wide range of high-quality fabrics, including fire-retardant and laminated options. Both companies are accredited with BS EN ISO 9001 and ISO 14001 standards, emphasizing a commitment to quality and environmental responsibility.

Financially, Avoca Services Limited shows some concerning trends. While current assets remain relatively stable at £7,300,000, a slight decrease of 0.74% was observed. However, bank borrowings increased by 5%, reaching £930,000. Cash reserves experienced a significant drop, plummeting 76% to £23,000. Staff costs increased by 7.4%, reaching £930,000, and net losses deepened to £860,000. Despite these challenges, creditors decreased by 25%, suggesting 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) helps it stay agile, but the sharp equity drop raises questions. The absence of a named auditor (likely exempt as a small company) means the figures rely on unaudited statements.

In summary, Avoca Services Limited is navigating a period of financial pressure, despite its established position in specialized textile markets. The company's focus on quality, innovation, and customer service, along with its family-run structure, may prove crucial in overcoming these challenges.

Registered in England/Wales under the registration number 03792415, with a registered address at M17 1SN, Trafford Park, Manchester, Parkway 4, Longbridge Road,.

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