Air & Marine Products Ltd

Air & Marine Products Ltd, based in Reading, UK, is a small, family-run business with an active status. Founded eleven years ago in 2013, the company employs just four people and holds £1,326,265 in assets. With a real address and three directors and owners, it’s a tight-knit operation with a perfect 5.0 Google rating from one review. The company regularly imports and exports electrical machinery and equipment, with 472 months of import activity and 102 months of export activity recorded.

The company’s website reveals it’s a distributor for several major brands, including Safran APM Hexseal, Eaton Aerospace, and Comtronic Connectors. It serves a range of industries, including military, commercial aerospace, marine, and tracked vehicles. The company emphasizes its AS9120B accreditation and Cyber Essentials certification, highlighting its commitment to quality and security. It also provides downloadable product information and boasts a large selection of documents to assist customers.

Financially, Air & Marine Products Ltd shows some interesting trends. Cash reserves increased by a significant 41%, reaching £840,000, while current assets decreased by 6.8% to £1,300,000. Trade debtors plummeted by 57%, suggesting improved collections or reduced credit terms. Creditors also decreased by 42%, indicating better management of short-term liabilities. However, finished goods and goods for resale dropped by 35%, which could be due to supply chain issues or changing demand. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in finished goods is something to watch. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Air & Marine Products Ltd seems to be in a stable position, with healthy cash reserves and improved debt management. The company's focus on specialized distribution and its commitment to quality certifications should help it continue to thrive in its niche market.

Registered in England/Wales under the registration number 08818039, with a registered address at RG5 4JB, United Kingdom, Reading, Berkshire, Unit 3 Parkside Business Park, Woodley.

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