Avondale Marketing Limited

Avondale Marketing Ltd from New Milton UK: a small company with an active status, was founded 41 years ago and employs 10 people. It's a real address with four directors and one owner. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with just two months of imports recorded.

The company operates in the retail of furniture, lighting, and similar products, and it's a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. While a website isn't available to analyze, it's clear that Avondale Marketing Ltd focuses on retail sales.

Financial data reveals a mixed picture. Accumulated depreciation for furniture and vehicles has slightly increased, but cash reserves have dramatically fallen—dropping a staggering 100% to just £8. Bank borrowings have risen to £12,000, and net assets have declined by 18% to £110,000. Trade debtors have plummeted 72%, suggesting a potential issue with collecting payments, while creditors have decreased by 22%, which is a positive sign. The company’s equity has also decreased by 18%, and the company's total inventories have increased by 43%. Despite these challenges, the company’s small size allows it to remain agile. As a small entity, it's exempt from an audit and relies on unaudited financial statements.

The company's financial situation seems to be a bit precarious, but it's still operating. It’s possible that the decrease in cash reserves and the increase in bank borrowings are due to investments in the business or seasonal fluctuations in sales.

Registered in England/Wales under the registration number 01780228, with a registered address at BH25 5JN, New Milton, Hants, Avondale House, 1/2 Fernhill Lane.

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