Air Compression Technology Limited

Air Compression Technology Limited is a small, holding company based in Sheffield, UK, with an active status. Founded 22 years ago in 2003, it employs six people and holds £269,427 in assets. The company is managed by one director and one owner, and has a real registered address. It regularly imports optical and medical tools and devices (21 months of imports, latest in February 2025) and exports electrical machinery and equipment (9 months of exports, latest in November 2024).

The company’s website, Compressed Air Technologies Ltd, primarily focuses on the sales, service, repair, and installation of industrial air compressors and related equipment. It operates an online store offering pneumatic couplings, adaptors, fittings, and other accessories. The site also highlights a partnership with ALMiG, a manufacturer of compressors and dryers, and features a range of ancillary products like vacuum pumps and air receivers. The company’s roots trace back to 2001, and it serves customers throughout the southeast from its base in Milton Keynes.

Financially, Air Compression Technology Limited’s recent performance shows some concerning trends. Cash bank holdings have plummeted by 65%, dropping to £120,000, while current assets have also decreased significantly, falling 56% to £270,000. Debtors have reduced by 43%, which could indicate better collection practices, but creditors have risen sharply, increasing 75% to £350,000. Net assets have suffered a dramatic decline, falling 100% to just £17,000. Despite these challenges, the company’s average number of employees has increased slightly, rising 17% to seven. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s likely exempt from an audit, and the financial statements are unaudited. The significant drop in equity, coupled with rising debt, suggests the company is burning through cash, although the increase in employees could be a sign of future growth.

Registered in England/Wales under the registration number 04717021, with a registered address at S10 5TR, Sheffield, South Yorkshire, Moorbrook 2 Moorbank Road, Sandygate.

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