Air Power Products Limited

Air Power Products Ltd, based in Dinnington, Sheffield, UK, is a small, active company founded 35 years ago. With 15 employees and £680,616 in assets, it’s a well-established player in its sector. The company operates an e-commerce site and regularly imports and exports machinery, boilers, and mechanical appliances – parts, with 29 months of import activity and 6 months of export activity recorded. It has two directors and two owners.

The company’s website showcases a wide range of services, including sales, hire, and repair of compressed air equipment. They also offer equipment installation, pipework installation, and air purity testing. The site highlights a commitment to "next day delivery" and "best web price," suggesting a focus on customer convenience and value. It seems they are also involved in the sale of surface preparation equipment and heavy drilling equipment.

Financially, Air Power Products Ltd has seen some shifts. Current assets have decreased by 26% to £680,000, while net assets have increased by 2.9% to £900,000. Bank borrowings have decreased by 45%, and cash reserves have increased by 32% to £150,000. Creditors have decreased by 42%, which could indicate improved debt management. 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 agility. Average number of employees has increased by 20% to 18. It’s worth noting that the company’s intangible assets, specifically goodwill, remain at £70,000. As a small company, it is likely exempt from an audit, and the financial statements are unaudited.

Overall, Air Power Products Ltd appears to be a stable, albeit smaller, business. The increase in employee numbers suggests growth, and the improved cash position is a positive sign. However, the decrease in current assets warrants further investigation to understand the underlying causes.

Registered in England/Wales under the registration number 02447892, with a registered address at S25 4JL, Dinnington Sheffield, South Yorkshire, Unit 2 Abbey Way, North Anston Trading Estate.

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