Aei Systems Limited

AEI Systems Ltd, based in Uxbridge, UK, is a sizable holding company with an active status, having been incorporated 22 years ago in June 2002. Employing 16 people, the company operates from a real address and is overseen by five directors and a single owner. It boasts a stellar 5.0 Google rating based on one review. The company irregularly imports machinery, boilers, and mechanical appliances parts, with the last import operation occurring two months ago. Conversely, it regularly exports aircraft, spacecraft, and their parts, with the last export operation taking place eleven months ago.

The company’s website, AEI Systems SYS Group Company, indicates a focus on the design, development, manufacture, and supply of small to medium calibre gun systems and solutions, plus military aircraft support. It appears to be a specialized engineering and manufacturing firm serving the aerospace and defense industries. The website does not appear to be an e-commerce site, suggesting a business-to-business (B2B) model rather than direct sales to consumers.

Financially, AEI Systems Ltd's report reveals a complex picture. Accumulated amortisation impairment for intangible assets has risen to £760, while depreciation for property, plant, and equipment has increased by 1.2%. Amounts owed to its parent entity have surged by a substantial 81%, reaching £3 million. However, cash bank on hand has decreased by 33%, dropping to £630,000. Creditors have more than doubled, climbing to £4.6 million, and trade debtors have fallen dramatically. The company’s equity has taken a significant hit, decreasing by 73% to £440,000. Despite these challenges, the company’s finished goods and goods for resale have increased by 76%. The report shows a valuation allowance of £330,000 for deferred tax assets.

The company’s financial trends suggest it may be experiencing cash flow pressures, with increased debt and decreased cash reserves. The reliance on funding from its parent company, Aei Air Holdings Ltd, highlights this dependency. The increase in creditors suggests potential difficulties in managing short-term obligations. However, the growth in finished goods and goods for resale indicates ongoing demand for its products. The report was audited by Grant Thornton UK LLP. Overall, AEI Systems Ltd appears to be navigating a period of transition, balancing ongoing operations with financial headwinds.

Registered in England/Wales under the registration number 04462335, with a registered address at UB8 2FX, England, Uxbridge, Unit 3 Brook Business Centre Cowley Mill Road, Cowley.

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