Avantec Limited in Brighton, BN41 1PD

Description

Data updated on: 01-11-2023

1964 marks the establishment of Avantec Limited, the firm which is located at Fishersgate Forge 3 Mill Road, Portslade, Brighton. This means it's been sixty years Avantec has been on the local market, as it was founded on 1964-02-21. The company's registration number is 00792818 and the company post code is BN41 1PD. Since 2007-08-14 Avantec Limited is no longer under the business name Southdown Construction. This firm's classified under the NACE and SIC code 43999 and has the NACE code: Other specialised construction activities not elsewhere classified. Avantec Ltd released its account information for the financial period up to February 28, 2022. The company's latest confirmation statement was submitted on August 20, 2023.

In order to satisfy their customer base, the following firm is continually improved by a unit of three directors who are Hugo G., Catherine G. and Maurice G.. Their support has been of crucial importance to this firm since April 2021.

Maurice G. is the individual who controls this firm, has substantial control or influence over the company.

Previous company's names
Avantec Limited 2007-08-14
Southdown Construction Limited 1964-02-21

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-02-28	2013-02-28	2014-02-28	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	2 572 544	2 574 331	2 624 671	3 025 290	2 619 927

Balance Sheet
Cash Bank In Hand	1 702	146 220	11 939	231 123	3 764 884
Cash Bank On Hand					3 764 884	1 386 254	1 211 428	449 776	173 068
Current Assets	1 319 446	804 762	792 977	807 286	4 504 039	1 980 751	2 553 050	2 606 569	1 148 438	2 289 049	1 954 279	2 316 524
Debtors	557 742	320 428	527 792	495 163	658 155	513 497	2 260 622	2 156 793	975 370
Net Assets Liabilities					2 441 249	2 918 340	2 926 948	2 910 915	2 892 811	2 948 581	3 158 381	3 165 741
Net Assets Liabilities Including Pension Asset Liability	2 572 544	2 574 331	2 624 671	3 025 290	2 619 927
Other Debtors					594 911	472 715	1 139 714	2 090 391	968 353
Property Plant Equipment					91 987	78 189	66 461	56 491	49 226
Stocks Inventory	760 002	338 114	253 246	81 000	81 000
Tangible Fixed Assets	2 801 266	2 774 563	2 751 892	3 048 219	2 631 987
Total Inventories					81 000	81 000	81 000

Capital & Reserves
Called Up Share Capital	3 275	3 275	3 275	3 275	3 275
Profit Loss Account Reserve	1 513 988	1 515 775	1 566 115	1 650 706	1 410 842
Shareholder Funds	2 572 544	2 574 331	2 624 671	3 025 290	2 619 927

Other Financial Data
Accrued Liabilities					2 171 877	67 910
Accumulated Depreciation Impairment Property Plant Equipment					211 215	225 013	236 741	246 711	255 399
Additional Provisions Increase From New Provisions Recognised						52 913	-11 450	-22 388
Average Number Employees During Period					6	6	6	6	8	8	8	8
Capital Redemption Reserve	1 725	1 725	1 725	1 725	1 725
Corporation Tax Payable						3 209
Corporation Tax Recoverable					18 302
Creditors					187 430	164 887	164 917	164 696	1 054 260	1 482 088	998 419	1 491 119
Creditors Due After One Year	269 747	691 133	666 311	216 686	187 430
Creditors Due Within One Year	1 278 421	313 861	253 887	613 529	4 328 669
Deferred Tax Liabilities					7 460	6 336	5 641	3 352	4 656
Fixed Assets					2 631 987	3 138 189	3 126 461	3 116 491	3 109 226	3 101 842	3 095 566	3 090 232
Increase From Depreciation Charge For Year Property Plant Equipment						13 798	11 728	9 970	8 688
Investment Property					2 540 000	3 060 000	3 060 000	3 060 000	3 060 000
Investment Property Fair Value Model					2 540 000	3 060 000	3 060 000	3 060 000
Issue Bonus Shares Decrease Increase In Equity						-520 000	-37 514
Net Current Assets Liabilities	41 025	490 901	539 090	193 757	175 371	175 506	206 227	152 766	94 178	806 961	955 860	825 405
Number Shares Allotted		3 225	3 225	3 225	3 225
Number Shares Issued Fully Paid						3 225	3 225	3 225	3 225
Other Creditors						164 887	164 917	164 696	93 255
Other Remaining Borrowings					18 000			164 696	93 255
Other Taxation Social Security Payable					100	7 878	3 733	3 794	1 179
Par Value Share		1	1	1	1	1	1	1	1
Property Plant Equipment Gross Cost					303 202	303 202	303 202	303 202	304 625
Provisions					178 679	230 468	218 323	193 646	217 338
Provisions For Liabilities Balance Sheet Subtotal					178 679	230 468	218 323	193 646	217 338	216 967	217 313	216 868
Recoverable Value-added Tax					2 608
Revaluation Reserve	1 053 556	1 053 556	1 053 556	1 369 584	1 204 085
Secured Debts		493 059	450 491	407 344
Share Capital Allotted Called Up Paid	3 225	3 225	3 225	3 225	3 225
Tangible Fixed Assets Cost Or Valuation	2 952 708	2 952 708	2 952 708	3 243 202	2 843 202
Tangible Fixed Assets Depreciation	151 442	178 145	200 816	194 983	211 215
Tangible Fixed Assets Depreciation Charged In Period		26 703	22 671	19 096	16 232
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				24 929
Tangible Fixed Assets Disposals				25 534	400 000
Tangible Fixed Assets Increase Decrease From Revaluations				316 028
Total Assets Less Current Liabilities	2 842 291	3 265 464	3 290 982	3 241 976	2 807 357	3 313 695	3 332 688	3 269 257	3 203 404	3 908 803	4 051 426	3 915 637
Trade Creditors Trade Payables					21 720	3 282	10 364	6 999	8 512
Trade Debtors Trade Receivables					42 334	40 782	48 774	66 402	7 017
Work In Progress					81 000	81 000	81 000
Total Additions Including From Business Combinations Property Plant Equipment									1 423