Avon Specialty Metals Limited

Avon Specialty Metals Ltd, based in Gloucester, UK, is a medium-sized holding company with an active status. Established twelve years ago in 2012, the company employs twenty-eight people and holds assets totaling £18,723,513. Its yearly revenue is a healthy £32,109,137, reflecting a robust business model. With four directors and one owner, the company operates from a real address at Unit 2, Centurion Industrial Estate, Empire Way, Gloucester.

Avon Specialty Metals specializes in the recycling of complex Nickel, Cobalt Iron based superalloy scrap from aerospace and power generation industries, alongside a variety of exotic metals. It’s a world-leading metals recycling company, privately owned and focused on providing high-quality recycled products as a viable alternative. The company’s website highlights its mission to bridge the gap between metal producers and industrial consumers, emphasizing ethical sourcing and environmental responsibility. It offers services including superalloy revert alloy production, quality control, and adheres to regulations like REACH and the Modern Slavery Act.

Financially, Avon Specialty Metals shows some concerning trends. While turnover increased by 19%, reaching £32,109,137, net assets decreased by 20% to £5,700,000. Bank borrowings increased significantly by 7.5%, reaching £10,000,000, and cash reserves surged by a remarkable 2100%, reaching £430,000—a positive sign of improved liquidity. Creditors decreased by 35%, suggesting better debt management. The company’s size (meeting two of three criteria for a medium company) allows for flexibility, but the decrease in net assets warrants closer examination. The company’s auditor, MGR SD Limited, issued an opinion stating the financial statements give a true and fair view, but the unaudited nature of the figures means caution is advised. The company’s website indicates a focus on sustainability and high-value recycling, suggesting a potential premium pricing strategy that could be contributing to its financial performance.

Registered in England/Wales under the registration number 08165136, with a registered address at GL2 5HY, England, Gloucester, Gloucestershire, Unit 2, Centurion Industrial Estate, Empire Way.

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