Aerocomponents Limited

Aerocomponents Ltd, based in Reading, UK, is a small, active company established 28 years ago. With 17 employees and £1,600,738 in assets, it’s a well-established player in its sector. The company has three directors and two owners, and operates from a real address. While it’s an irregular importer (last activity in May 2024), it's a regular exporter, with its last export operation also in May 2024.

The company’s website is not available, so it’s difficult to know exactly what they do. However, the report indicates they operate in the machining, other engineering activities, and engineering design activities for industrial process and production industries. It's likely they provide specialized engineering services or manufacture components for industrial clients.

Financially, Aerocomponents Ltd presents a mixed picture. Current assets have decreased significantly, dropping 39% to £1,600,000. Bank cash has fallen by a substantial 48%, to £1,100,000. Creditors have increased by 140%, to £550,000, suggesting a need for more working capital. Equity has also declined by 34%, to £1,700,000, which could be due to retained losses or investment in the business. Despite these challenges, trade debtors have increased by 17%, indicating potentially better collection of payments. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decrease in equity warrants further investigation. There is no auditor mentioned, which is common for companies of this size.

Overall, Aerocomponents Ltd appears to be navigating a period of change. While the company has a solid foundation and a long history, the financial data suggests it's burning through cash. The increase in creditors could be a sign of financial strain, or it could be a strategic move to manage working capital. It's likely the company is investing in growth, but it needs to carefully monitor its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 03325122, with a registered address at RG5 4SW, Reading, Unit 3b Headley Park 10, Woodley.

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