Avonwood Developments Limited

Avonwood Developments Ltd from Wimborne UK: a small, active company founded 34 years ago, employs 25 people, and holds £1,892,437 in assets. It’s a real address with four directors and two owners, operating as a family business with a stellar 5.0 Google rating based on one review. The company regularly imports and exports electrical machinery and equipment, with 24 months of import activity and 267 months of export activity.

Avonwood Developments Ltd specializes in designing, developing, and manufacturing proximity warning safety and key compromise protection systems. Its website highlights a focus on RFID technology for industrial workplaces and secure establishments, offering solutions for vehicles and personnel safety. The company's history stretches back over 30 years, with a focus on electronic solutions and a commitment to UK-based design and development. It works with a range of clients and has a showroom in Harrods, London.

Financially, Avonwood Developments Ltd shows some concerning trends. Accumulated amortisation impairment for intangible assets has increased significantly, with computer software up 100% and development costs up 4.9%. Similarly, accumulated depreciation impairment for property, plant, and equipment has increased, particularly for motor vehicles, up 59%. However, cash reserves have decreased by 15%, and net assets have fallen by 5.9%. Bank borrowings have also decreased, which could be a positive sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, which is common for small companies.

Overall, Avonwood Developments Ltd appears to be a well-established business with a strong reputation, but the financial data suggests it may be facing some challenges. The company’s long history and family ownership could provide a buffer against these pressures, but continued monitoring of its financial performance will be important.

Registered in England/Wales under the registration number 02570711, with a registered address at BH21 7ND, Wimborne, Dorset, Knoll Technology Centre, Stapehill.

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