Awr International Ltd

Awr International Ltd, based in Manchester, UK, is a small, active company founded three years ago. With thirteen employees and £707,010 in assets, it operates from a virtual address – a point to note as twenty-six companies are registered at the same location. The company is led by three directors and has three owners, although the list of owners changed a year ago.

The business functions as a regular exporter of machinery, boilers, and mechanical appliances, with three months of export activity recorded, the last in February 2024. However, it’s an irregular importer of electrical machinery and equipment, with just one month of import activity as of April 2023. Its services, detailed on its website, focus on export packing, freight forwarding, and specialized services for industries like aerospace, pharmaceuticals, and engineering. The site highlights packing solutions, warehousing, and UK haulage services, emphasizing modern, secure facilities and a commitment to quality.

Financially, Awr International Ltd presents a mixed picture. While current assets increased by 24% to £710,000, net assets took a significant hit, plummeting 120% to -£8,000. Bank borrowings increased by 21%, reaching £8,900, while cash reserves fell 83% to just £6,800. Trade debtors also rose by 14%, suggesting a need to manage customer payments. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 30 employees) allows for flexibility, but the sharp decline in equity raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In essence, Awr International Ltd is navigating a period of financial pressure, despite its established export business and specialized services. Whether it can sustain its growth and profitability remains to be seen, but its focus on quality and customer service could be key to its long-term success.

Registered in England/Wales under the registration number 13390477, with a registered address at M28 7DP, United Kingdom, Manchester, Lancashire, 164 Walkden Road, Worsley.

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