Avoira Limited

Avoira Ltd from Bury, UK, is a large, active company founded 41 years ago, in October 1983. Employing 158 people, it boasts assets of £7,328,926 and yearly revenue of £26,655,839. The company, with a real address, is led by two directors and one owner, who is also the solo founder. It maintains a stellar 5.0 Google rating based on 17 reviews and regularly imports and exports electrical machinery and equipment – 6 months of imports and 19 months of exports.

Avoira provides business communication solutions, operating as a provider of IT, audio-visual, communications, radio, and Xperience services. Its website showcases a broad range of industry clients, from hospitality and healthcare to construction and financial services. The company offers managed services, professional services, assessment services, and support services, with a particular focus on radio hire and public sector frameworks. It’s clear they’re positioning themselves as a full-service partner, offering end-to-end digital communication strategies. They seem to be doing well, with a lot of case studies on their website.

Financially, Avoira’s recent performance presents a mixed picture. While turnover remained steady, the company’s net assets decreased by 15% to £4,200,000, and net losses deepened to -£340,000. Cash reserves fell by 27% to £1,200,000, and bank borrowings increased by 200% to £540,000. Creditors, however, decreased by 18%, which could indicate improved debt management. The company meets two of three criteria to be considered large, with turnover over £36 million, balance sheet over £18 million, and over 250 employees. The lack of auditor information suggests the company is exempt.

The company’s recent events, including a member’s voluntary liquidation and sole shareholder acquisition, may be a sign of restructuring or a change in ownership. Overall, Avoira Ltd appears to be a well-established player in its sector, but the recent financial trends suggest it’s facing challenges, and the change in ownership could be a response to those pressures.

Registered in England/Wales under the registration number 01763970, with a registered address at BL9 6YA, England, Bury, Pennine House, Salford Street.

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