Aerolatte Limited

Aerolatte Ltd from Hungerford UK: a small holding company with an active status, was founded 20 years ago. The company employs six people and holds £612,018 in assets. It has a real address, four directors, and one owner. Aerolatte Ltd regularly imports and exports electrical machinery and equipment, with 39 months of import activity and 42 months of export activity.

The company operates in the retail sale of electrical household appliances in specialised stores. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. While the company’s website isn’t available, the financial data reveals some interesting trends.

Net current assets liabilities remained stable at £260,000, but current assets dropped by 29% to £610,000. Trade debtors decreased significantly, falling 69% to £75,000, suggesting improved collection practices. However, cash bank on hand also declined by 1.7% to £330,000. Creditors decreased by 42%, which is a good sign. Payments to related parties remained consistent at £27,000.

The company’s financials suggest it’s navigating a period of change. The decrease in current assets and cash reserves, while concerning, could be due to increased investment in inventory or expansion efforts. The reduction in trade debtors indicates better financial management, and the decrease in creditors suggests the company is effectively managing its short-term liabilities. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. Overall, Aerolatte Ltd appears to be a stable, albeit small, business, but its future success will depend on its ability to maintain its financial health and adapt to changing market conditions.

Registered in England/Wales under the registration number 05151115, with a registered address at RG17 0PZ, United Kingdom, Hungerford, Berkshire, The Reid Building, New Hayward Farm.

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