Air Distribution Group Ltd

Air Distribution Group Ltd, based in Penarth, UK, is a small, active company founded nine years ago. With two employees and £44,296 in assets, it’s a solo-founded operation led by a single director and owner, Wong Robert. The company boasts a stellar 5.0 Google rating from eleven reviews. They are a regular importer, though their top import category is listed as 'None', with the last import activity occurring three months ago in June 2022.

The company’s website highlights its focus on air conditioning installation, repair, and maintenance. They cater to both residential and commercial clients, offering a wide range of services from simple fan installations to complete air handling unit solutions. They stock and install equipment from leading brands like Mitsubishi Electric, Daikin, and Hitachi, emphasizing competitive pricing and expert knowledge. The website also promotes a maintenance package offering a seven-year warranty, and includes case studies showcasing their work in education, leisure, corporate, and domestic settings.

Financially, Air Distribution Group Ltd’s recent performance presents a mixed picture. Current assets have significantly decreased by 63%, dropping to £44,000, while net assets have plummeted 160%, resulting in a negative balance of -£26,000. Cash reserves have also taken a hit, declining by 81% to just £5,500. Trade debtors have increased by 13%, suggesting a potential delay in customer payments, and creditors have decreased by 15%, which is a good sign. The company’s small size (meeting two of three criteria for being small) helps it remain flexible, but the sharp decline in equity is concerning. No auditor is mentioned, which is common for small companies, so the figures are unaudited.

Overall, Air Distribution Group Ltd seems to be navigating a period of financial strain, despite its strong online reputation and focus on specialized air conditioning services. Whether they can reverse this trend and capitalize on their expertise remains to be seen.

Registered in England/Wales under the registration number 10051882, with a registered address at CF64 5SG, Wales, Penarth, Unit A3, Windmill Park Hayes Road, Sully.

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