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Avro Energy Limited

09174794

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

SUITE 3, AVERY HOUSE, BRIGHTON, BN41 1DH
Incorporated 14/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46719
Wholesale of other fuels and related products

Officers

Mr Jake Andrew Brown

director · Since 14/08/2014

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 2 other boards

Mr Philip Andrew Brown

director · Since 16/03/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Persons with Significant Control

Avro Group Limited

75–100% shares

8 The Courtyard Goldsmith Way, Eliot Business Park, Nuneaton, CV10 7RJ

Reg: 10334106 · England And Wales · Private Company Limited By Shares

Notified 13/08/2019

Former PSCs

Mr Jake Andrew Brown

Ceased 13/08/2019

Mr Philip Andrew Brown

Ceased 13/08/2019

CompanyRankvs 15+ SIC 46719 peers
23

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

or • the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The directors are responsible for the other inform

Key FinancialsYear ending 30/06/2019

Turnover

£389.7M

Annual revenue

Net Worth

-£27.4M

Balance sheet strength

Cash

£18.5M

Cash in the bank

Profit Before Tax

-£28.1M

Bottom line earnings

Net Current Assets

-£27.5M

Working capital

Current Assets

£70.8M

Current Liabilities

£98.3M

Fixed Assets

£68k

Debtors

£52.3M

Cost of Sales

£389.4M

Gross Profit

£283k

Admin Expenses

£28.4M

Operating Profit

-£28.1M

Profit After Tax

-£28.0M

66avg. employees

People Costs

Wages & salaries£1.9M
NI contributions£128k
Prepared with Digita Accounts Production Advanced 6.26.9041.0

EstimatesDerived

YearCurrent Ratio
20190.72

Derived from filed accounts. Not audited figures.