Avon Engineering Supplies Ltd

Avon Engineering Supplies Ltd, based in Bristol, UK, is a small, active company established 21 years ago. With a single employee and £272,629 in assets, it’s a solo-founder operation led by two directors. The company operates from a real address and has been importing basic metal tools and utensils regularly for the last three months, with a single export operation recorded two months ago. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website is non-existent, so it's difficult to gauge its online presence or e-commerce activities. It appears to be a traditional wholesale operation, relying on established relationships rather than direct online sales.

Financially, Avon Engineering Supplies Ltd presents a mixed picture. Cash bank on hand has seen a dramatic increase of 1000%, jumping to £21,000—a positive sign of improved liquidity. However, debtors have fallen by a significant 75%, dropping to £21,000, which could indicate slower payments from customers or a deliberate strategy to reduce credit exposure. Creditors have remained relatively stable, though other creditors have increased by 2300%, reaching £2300. The company’s net current assets and liabilities have increased by 11%, reaching £120,000. While the increase in cash is encouraging, the decrease in debtors warrants further investigation. The company’s property, plant, and equipment have increased by 19%, reaching £3,800.

The company is not required to have an audit, so the financial statements are unaudited. The company’s focus on importing and exporting basic metal tools suggests a B2B model, likely serving smaller workshops or repair businesses. The increase in cash bank on hand could be from a single large payment, or a gradual improvement in cash flow management.

Registered in England/Wales under the registration number 04830722, with a registered address at BS37 8QD, Bristol, 5 Old Mill Close, Westerleigh.

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