Aero Engine Services Ltd

Aero Engine Services Ltd, based in Cardiff, UK, is a small holding company with an active status, established five years ago. Employing just four people, the company operates from a real address and is overseen by three directors and a single owner. It’s a regular importer of machinery, boilers, and mechanical appliances, with nineteen months of import activity recorded, and a regular exporter of aircraft, spacecraft, and their parts, boasting forty-two months of export activity.

The company’s website highlights its position as a supplier of aftermarket support for the commercial aerospace sector, specializing in CFM56, CF6, and V2500 engine platforms. It provides services including engine material supply, surplus inventory purchasing, shop visit management, and fan blade exchanges, catering to airlines, lessors, and MROs worldwide. Located near GE Aviation Wales, Aero Engine Services aims to maximize cost savings and minimize engine downtime for its clients. The website details a focus on providing used serviceable material (USM) and managing shop visits, even offering consultancy services.

Financially, Aero Engine Services Ltd shows a mixed picture. Cash reserves have dramatically increased by 110%, reaching £2.1 million—a positive sign. However, net assets have also seen a significant jump, rising 150% to £2.8 million, which could be attributed to increased liabilities. Creditors have increased by 140%, reaching £850,000, and trade debtors have risen by 61%, suggesting potential challenges in collecting payments. Interestingly, deferred income has decreased by 63%, and bank borrowings have increased by 6.5%. Despite these fluctuations, the company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, consistent with its status as a small, exempt company. The company’s financial statements are unaudited.

Registered in England/Wales under the registration number 12396269, with a registered address at CF3 2PU, Wales, Cardiff, Merlin House, Capital Business Park.

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