Avtek (scotland) Ltd

Avtek Scotland Ltd, based in Dunfermline, UK, is a small, active company founded ten years ago in 2014. With 48 employees and £3,457,373 in assets, it operates from a real address and is managed by five directors, with Lawrie Mark as the sole owner. Google users rate it 4.0 based on three reviews. The company is an irregular importer, primarily dealing with iron or steel products, with its last import operation recorded one month ago in October 2023.

Avtek Solutions’ website highlights its focus on glazing industries, offering comprehensive solutions from curtain walling to commercial glazing, brick cladding, and design manufacturing. It operates both in-house and as a specialist contractor, serving education sectors and delivering high-performance facades. The website also features a project portfolio, accreditation updates, and even employee recognition. It's clear that Avtek Solutions aims to be a one-stop shop for specialist glass solutions, particularly in Scotland and the North of England, with a focus on mid-range curtain walling projects.

Financially, Avtek Scotland Ltd shows some concerning trends. While cash reserves increased by 10% to £460,000, current assets decreased by 5.1% to £3.5 million. Debtors have fallen by 7.1%, which could be a good sign, but amounts recoverable on contracts dropped by 21.0%, which is not. Bank borrowings have also decreased, but the most significant change is the drop in equity, which increased by 3.9% to £1.2 million. Creditors have also decreased, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Overall, Avtek Scotland Ltd appears to be navigating a period of change, with some positive signs alongside areas of concern. The company’s focus on specialist glazing and its established presence in the region should help it weather any challenges, but careful management of its finances will be crucial.

Registered in Scotland under the registration number SC484780, with a registered address at KY12 7SL, Scotland, Dunfermline, 25 Dickson Street, Elgin Industrial Estate.

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