Aerospace Ndt Limited

Aerospace Ndt Limited, based in High Peak, UK, is a small, holding company with an active status. Founded 26 years ago in 1998, the company employs seven people and holds £314,033 in assets. It operates from a real address and is overseen by four directors, with one owner. A perfect 5.0 Google rating from five reviews highlights its customer satisfaction. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with recent activity recorded just two months ago.

The company’s website reveals it operates within the technical testing and analysis industries. 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. The company’s website is not available for analysis.

Financially, Aerospace Ndt Limited shows some interesting trends. Cash reserves have surged a whopping 570%, reaching £150,000—a positive sign. However, net assets have also increased by 30%, reaching £250,000. Bank borrowings have completely disappeared, a good thing, and creditors have risen significantly, by 160%, to £230,000. Trade debtors have also increased, by 210%, to £170,000. The company’s assets have decreased by 24%, to £170,000. These figures, while unaudited (likely due to its small size), suggest a company that is managing its cash well but facing increased debt. The substantial rise in debtors could indicate a period of aggressive sales growth, or it could signal potential payment issues down the line. The directors list was changed four months ago, which is a good sign.

Overall, Aerospace Ndt Limited appears to be financially stable, though it’s important to monitor its debt levels and the collection of its receivables.

Registered in England/Wales under the registration number 03615502, with a registered address at SK22 4NW, England, High Peak, Derbyshire, Dale Road, New Mills.

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