Advanced Aeration Ltd

Advanced Aeration Ltd, based in Waterlooville, UK, is a small holding company with an active status. Founded sixteen years ago in 2009, the company employs ten people and holds £451,788 in assets. It operates from a virtual address, registered to a building shared by thirty-five other companies, and is led by one director and two owners. The company is an irregular importer, primarily dealing in optical and medical tools and devices, with just one month of imports recorded as of December 2022.

The company’s website indicates it operates in the water collection, treatment, and supply industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company's core business involves water collection, treatment, and supply, but it also appears to be involved in the import of optical and medical tools.

Financially, Advanced Aeration Ltd shows a mixed picture. Cash reserves dropped by 11% to £250,000, while net assets decreased by 5.5% to £250,000. Trade debtors increased significantly by 59%, suggesting a possible shift in payment terms or increased sales on credit. Creditors also rose by 17%, indicating higher short-term liabilities. Bank borrowings surged by 140%, reaching £2,700, which could be to support operations or investments. Despite these changes, the company's net current assets declined by 15%, which could indicate a need to manage working capital more effectively. The company's small size exempts it from an audit, so the figures are unaudited.

The increase in bank borrowings and the decrease in cash reserves are concerning, but the rise in trade debtors could be a sign of growth. It’s likely the company is navigating the challenges of a small business, balancing growth with financial stability.

Registered in England/Wales under the registration number 06805913, with a registered address at PO7 7SQ, Waterlooville, Hampshire, 24 Picton House Hussar Court.

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