Air Engineering Group Ltd

Air Engineering Group Ltd, based in Forest Row, UK, is a sizable company with an active status, having been established 24 years ago in November 2000. The firm employs 69 people and boasts assets totaling £4,987,259. It operates from a real address and is overseen by five directors and two owners. A stellar 5.0 Google rating, based on four reviews, speaks to its customer satisfaction. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 280 months of import activity and 91 months of export activity recorded.

The company’s website paints a picture of a technical solutions provider, specializing in pneumatic and fluid control. It's divided into three divisions: OEM Fluid Technology, Compressed Air & Gas, and Pneumatic Fluid Product. They offer everything from custom fluid manifolds to compressed air systems and a wide range of pneumatic components. AEG’s website highlights its commitment to innovation, showcasing recent events like the Hafner Series HBS valve islands and the Forza Doors containerized compressed air solution. They even have a blog section, "AEG Insights," detailing their latest news and updates.

Financially, Air Engineering Group Ltd shows a mixed bag. While cash reserves increased by a healthy 17% to £810,000, net assets decreased by 10% to £3,700,000. Bank borrowings were slashed by 55% to £81,000, a positive sign. However, administrative expenses rose by a significant 20% to £3,400,000, and director remuneration increased dramatically by 130% to £210,000. The company’s staff costs also increased by 24% to £2,300,000. The company’s turnover is estimated to be over £36 million, and its balance sheet total is over £18 million, classifying it as a large company. The fact that the company has been audited, with Price & Company as the auditor, provides some assurance of the reliability of the financial data.

The rise in expenses, while concerning, could reflect investments in new technologies or expansion efforts. The decrease in bank borrowings suggests improved financial management, but the drop in net assets warrants closer scrutiny. It’s likely that the company is navigating the challenges of growth, balancing investments with profitability.

Registered in England/Wales under the registration number 04107512, with a registered address at RH18 5DW, Forest Row, East Sussex, Unit 11 Forest Row Business Park, Station Road.

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