Advanced Fibreoptic Engineering Limited

Advanced Fibreoptic Engineering Ltd, based in Carterton, UK, is a large holding company with an active status, having been incorporated nineteen years ago. Employing fifty-one people and boasting assets of £2,861,950, the company generates an impressive £7,290,457 in revenue annually. With five directors and one owner, it operates from a real address shared by only one other company. The business regularly imports and exports electrical machinery and equipment, with a substantial history of both activities.

The company’s website paints a picture of a custom solutions provider specializing in optoelectronics, fibre optics, and industrial systems integration. It’s not an e-commerce site, but rather a showcase of capabilities and case studies, highlighting its expertise in design, development, and manufacturing. The website emphasizes bespoke solutions for industries like aerospace, military, and intelligence.

Financially, Advanced Fibreoptic Engineering Ltd shows a mixed picture. While revenue has increased, several key areas have seen declines. Accrued liabilities decreased by 18%, and development costs capitalised have increased by 33%, which could indicate investment in future growth. However, cash and cash equivalents have fallen by 21%, and net assets have decreased by 10%. Bank borrowings have increased by a significant 1000%, suggesting the company may be relying more on debt financing. Despite these challenges, the company's turnover exceeds £36 million, and its balance sheet total is over £18 million, confirming its status as a large company. The company’s auditor is James Cowper Kreston Audit.

The increase in bank borrowings, coupled with the decrease in cash reserves, suggests the company may be burning through money faster than it's generating it. However, the continued investment in development costs and the company's large revenue figures indicate a focus on long-term growth and a belief in its ability to deliver custom solutions. The company's financial statements are unaudited.

Registered in England/Wales under the registration number 05469396, with a registered address at OX18 3FX, England, Carterton, Oxfordshire, Unit 2 & 3 Glebe Court, West Oxfordshire Business Park.

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