Avon Metals Limited

Avon Metals Ltd, based in Gloucestershire, UK, is a sizable company with an active status, having been established 24 years ago. Employing 56 people, the business boasts significant assets of £24,605,019 and generates an annual revenue of £30,601,944. It operates from a real address and is overseen by six directors, with Reid Walter as the sole owner. The company regularly imports various base metals and cermets (94 months of import activity) and exports aluminum and aluminum products (151 months of export activity).

Avon Metals’ website, Avon Specialty Metals, paints a picture of a specialized metals recycling company. It focuses on recycling complex Nickel, Cobalt Iron based superalloy scrap from aerospace and power generation industries, alongside a variety of exotic metals. The company's mission is to bridge the gap between metal producers and industrial consumers, offering high-quality recycled products. The site highlights expertise in areas like traceable, accountable, and dependable sourcing, and even touches on responsible minerals policies and regulatory compliance.

Looking at the financial data, Avon Metals Ltd shows a mixed bag. While bank borrowings have vanished completely, dropping 100%, cash reserves have grown by a healthy 22% to £16 million. However, net assets have increased by 18% to £23 million, and administrative expenses have risen by 33%. It’s interesting to note that the number of employees has decreased slightly, from 56 to 54. The company meets the criteria for a large company, having met two of three conditions: turnover exceeding £36 million, a balance sheet total exceeding £18 million, and having more than 250 employees. The lack of auditor information suggests the company is exempt from a full audit, relying on unaudited statements.

Overall, Avon Metals Ltd seems to be financially stable, with a growing cash position and significant assets. However, the increase in administrative expenses and slight decrease in employees warrant a closer look. The company's focus on specialty metals recycling and its commitment to responsible sourcing position it well in a niche market, but continued monitoring of its financial performance is advisable.

Registered in England/Wales under the registration number 04135396, with a registered address at GL2 5DA, Gloucestershire, Ashville Road, Gloucester.

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