Air Dryer Technology Limited

Air Dryer Technology Ltd, based in Salford, UK, is a small, holding company with an active status. Founded 20 years ago in 2005, the company employs eight people and holds £1,139,712 in assets. It has two directors and one owner, and boasts a perfect 5.0 Google rating from one review. The company regularly imports optical and medical tools and devices, with 13 months of import activity recorded.

The company’s website highlights its expertise in compressed air and gas treatment, filtration, and condensate management. It provides sales and service for all types and makes of equipment, offering comprehensive maintenance packages and technical support. A key focus is providing maintenance packages and technical support for compressed air and gas desiccant dryers. The website also mentions bespoke services and energy-saving solutions, indicating a focus on tailored solutions for clients.

Financially, Air Dryer Technology Ltd presents a mixed picture. Cash bank on hand has decreased by 55%, dropping to £320,000, while current assets remained steady at £1,100,000. Creditors increased by 44%, reaching £310,000, and trade debtors rose by 12%, reaching £390,000. Equity also decreased by 3.6%, settling at £860,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in cash reserves warrants attention. No auditor is mentioned, which is common for small companies.

The company’s reliance on imports, coupled with the fluctuating financial figures, suggests it’s navigating a competitive market. While its technical expertise and customer focus are strengths, maintaining financial stability will be key to its long-term success.

Registered in England/Wales under the registration number 05407003, with a registered address at M50 2UW, England, Salford, Greater Manchester, Unit M Northstage, 92 Broadway.

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