Advanced Airflow Solutions Limited

Advanced Airflow Solutions Ltd, based in Oldham, UK, is a small, active company established 19 years ago. With just two employees and £422,004 in assets, it’s a modest operation run by two directors and owners. The company regularly imports machinery, boilers, and mechanical appliances, with 17 months of import activity recorded as of October 2024. It operates in the other business support service activities n.e.c. industries.

The company's website is not available, making it difficult to assess its online presence and sales strategy. It's unclear if they operate an e-commerce site or rely solely on business-to-business sales.

Financially, Advanced Airflow Solutions Ltd presents a mixed picture. Cash reserves have seen a dramatic increase, soaring 3,100% to £160,000, which is a positive sign. However, trade debtors have also risen significantly by 11%, reaching £170,000, suggesting potential delays in customer payments. Creditors have increased by 14%, reaching £270,000, and net assets have jumped to £140,000, a substantial improvement. Bank borrowings have decreased, and depreciation has been stable. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in debtors warrants attention. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The company’s substantial increase in cash reserves suggests a period of strong sales or efficient cost management. However, the increase in debtors could indicate a need to tighten credit terms or improve collection efforts. The directors, Richard and Ian Lees, will need to monitor these trends closely to ensure the company's long-term financial health.

Registered in England/Wales under the registration number 05697880, with a registered address at OL9 9LY, Oldham, Lancs, 501 Middleton Road, Chadderton.

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