53 North Aviation Ltd

53 North Aviation Ltd from Rochdale UK: small company, active status, founded 6 years ago, 10 employees, £3,066,816 assets, real address, 2 directors, 2 owners. Regular importer of aircraft, spacecraft, and their parts (18 months imported). Regular exporter of aircraft, spacecraft, and their parts (30 months exported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the operation of warehousing and storage facilities for air transport activities industries.

Based in Manchester, 53 North Aviation Ltd manages a global customer and supplier base, specializing in the distribution, trade, and sourcing of commercial aircraft components for Boeing, Airbus, and regional aircraft types. Their website highlights a comprehensive inventory of parts, offering tailored solutions for exchange, loan, and outright sale. The company’s mission is to serve customers quickly, accurately, and ontime. Beyond sales, they offer inventory management, purchasing services (buying surplus inventory), and consignment options, proactively marketing assets to maximize value. They’re accredited through compliance, holding ISO9001, AS9120B, and FAA distributor certifications.

Financially, 53 North Aviation Ltd shows a mixed picture. Current assets have increased by a solid 31% to £3.1 million, a good sign for ongoing operations. However, net assets have also increased by 43% to £2.1 million, which is a positive. Bank borrowings have decreased significantly, falling by 52% to £9,200, suggesting reduced reliance on debt. Creditors have also decreased by 95%, which is a good sign for managing liabilities. The company’s employee numbers have increased by 20%, from ten to twelve, which could indicate expansion. However, depreciation on property, plant, and equipment has increased substantially, particularly in land and buildings, which might be a sign of investment or aging assets. The company is exempt from an audit, so the figures are unaudited.

Overall, 53 North Aviation Ltd appears to be a growing, albeit small, business navigating the complexities of the aircraft parts industry. While the increase in depreciation warrants attention, the company’s strong accreditation and focus on customer service position it well for continued success.

Registered in England/Wales under the registration number 11377595, with a registered address at OL16 4UP, England, Rochdale, Greater Manchester, George Stephenson Avenue, Kingsway Business Park.

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