A & G Precision And Sons Limited

A & G Precision And Sons Ltd from Preston UK: large company, active status, founded 30 years ago, 66 employees, £6,109,003 assets, virtual address, 8 directors, 2 owners, family business, google rating 5.0 based on 17 reviews. Irregular importer of aircraft, spacecraft, and their parts (2 months imported). Regular exporter of aircraft, spacecraft, and their parts (8 months exported).

This Preston-based company, A & G Precision And Sons Ltd, is a substantial player in the aerospace and defence industries. Established three decades ago, it’s a large company employing 66 people and boasting significant assets of over £6 million. The business, which is a family affair with two owners and eight directors, operates from a virtual address – sixty-four other companies are registered at the same location, which is a bit unusual. They’re known for their high-quality work and have earned a perfect 5.0 Google rating from 17 reviews.

A & G Precision specialises in manufacturing precision components, with a strong focus on serving the aerospace and defence sectors. Their website highlights investment in people, processes, and technology, and they’re proud to work with OEMs and Tier 1 suppliers. They also offer a one-stop solution, including machining, treatment, and assembly services. A sister company, AG Metal Treatments, provides non-destructive testing and protective treatments, expanding their capabilities.

Financially, the company seems to be in a stable position, though some trends are worth noting. Current assets have increased by 6.7% to £6.1 million, and net assets have grown by a healthy 15% to £6.5 million. However, bank borrowings have decreased significantly by 41%, suggesting a reduction in debt. Interestingly, staff costs have risen by 17%, reflecting increased investment in their workforce. The company’s auditor is Azets Audit Services, and the financial statements are audited.

Despite the positive overall picture, a few things are worth keeping an eye on. The deferred tax expense credit has reversed, and the company's losses have increased slightly. The company’s reliance on a virtual address, while common, could be a potential risk factor. Overall, A & G Precision And Sons Ltd appears to be a well-established and financially sound business, poised to continue serving the aerospace and defence industries.

Registered in England/Wales under the registration number 02929703, with a registered address at PR2 9ZG, England, Preston, Floor 1, Capital House 8 Pittman Court, Pittman Way, Fulwood.

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