Air Compressor Services Limited

Air Compressor Services Limited is a small, active company based in Weston-Super-Mare, UK, founded 22 years ago in 2003. With £519,743 in assets and a real registered address, it employs six people and is overseen by three directors, with Jacques Robert as the sole owner. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with the last import operation recorded one month ago in March 2023.

The company operates in the letting and operating of real estate and professional, scientific, and technical activities. It also owns a company called Air Compressor Ltd. The business is small, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Air Compressor Services Limited has experienced some significant shifts. Property, plant, and equipment have depreciated completely, a notable change from previous years. Bank borrowings have increased substantially, jumping 120% to £57,000, while cash reserves have decreased by 8.5% to £320,000. Creditors have also seen a dramatic increase, soaring 840% to £59,000. On a more positive note, trade debtors have fallen by 97%, and net assets have increased by 9.3% to £1.2 million. The company’s average number of employees has halved to three, which could be a result of restructuring or changing operational needs.

The lack of auditor information suggests the company is exempt from an audit due to its size. While the company’s assets remain substantial, the increased borrowings and rising creditors indicate a need for careful financial management. The decrease in employees could be a strategic move to reduce costs, or it could reflect challenges in maintaining staffing levels.

Registered in England/Wales under the registration number 04685566, with a registered address at BS24 9AY, Weston-Super-Mare, Unit 21, Bridgwater Court, Oldmixon Crescent.

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