Avoca Technical Limited

Avoca Technical Ltd, based in Trafford Park, UK, is a small, active company established 22 years ago. With 18 employees and £2,820,255 in assets, it’s a family-run business with two directors and two owners. The company holds a respectable Google rating of 4.0 based on six reviews. It regularly imports textile padding, felt, nonwoven fabrics, special yarns, ropes, and cables (268 months of import activity) and exports similar products (112 months).

The Avoca Group operates two divisions: Avoca Services Limited and Avoca Technical Limited. Avoca Services specializes in producing sewn gauntlet material for battery manufacturers, boasting a significant production capacity and recent investments in technology. Avoca Technical, on the other hand, focuses on converting and supplying industrial textiles to furniture, bedding, and other industries, working closely with customers to develop new applications. Both divisions operate from Trafford Park, Manchester, and are accredited with BS EN ISO 9001 and ISO 14001 quality and environmental standards.

Financially, Avoca Technical Ltd presents a mixed picture. Current assets decreased by 9.2% to £2,800,000, while net assets increased by 8.1% to £1,700,000. Bank borrowings decreased by 100%, reaching £0, and cash reserves decreased by 25% to £58,000. Trade debtors decreased by 15%, suggesting better debt management. Creditors decreased by 28%, which is a good 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) helps it stay agile, but the decrease in cash reserves warrants attention. The company’s auditor is Chadwick & Company (Manchester) Limited.

It’s clear that Avoca Technical Ltd is navigating a competitive market, balancing its textile import/export activities with the demands of its manufacturing operations. The company's commitment to quality and customer service, as evidenced by its certifications and focus on bespoke solutions, should help it maintain its position in the industry, but it’s important to monitor its cash flow and overall financial health.

Registered in England/Wales under the registration number 04651209, 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.